Business
Business, 19.11.2019 02:31, noahalderman83

Presented below is information related to tamarisk inc.’s inventory, assuming tamarisk uses lower-of-lifo cost-or-market. (per unit) skis boots parkas historical cost $250.80 $139.92 $69.96 selling price 279.84 191.40 97.35 cost to distribute 25.08 10.56 3.30 current replacement cost 267.96 138.60 67.32 normal profit margin 42.24 38.28 28.05(a) the two limits to market value (i. e., the ceiling and the floor) that should be used in the lower-of-cost-or-market computation for skis. ceiling limit & floor limit $ (b) the cost amount that should be used in the lower-of-cost-or-market comparison of boots. the cost amount $(c) the market amount that should be used to value parkas on the basis of the lower-of-cost-or-market. the market amount $

answer
Answers: 1

Other questions on the subject: Business

image
Business, 21.06.2019 21:00, skgoldsmith
Symantec corp., located in cupertino, california, is one of the world's largest producers of security and systems management software. the company's consolidated balance sheets for the 2009 and 2008 fiscal years included the following ($ in thousands): current assets: receivables, less allowances of $21,766 in 2009 and $24,089 in 2008 $ 838,010 $ 758,700 a disclosure note accompanying the financial statements reported the following ($ in thousands): year ended 2009 2008 (in thousands) trade accounts receivable, net: receivables $ 859,776 $ 782,789 less: allowance for doubtful accounts (8,938) (8,990) less: reserve for product returns (12,828) (15,099) trade accounts receivable, net: $ 838,010 $ 758,700 assume that the company reported bad debt expense in 2009 of $2,000 and had products returned for credit totaling $3,230 (sales price). net sales for 2009 were $6,174,800 (all numbers in thousands).required: what is the amount of accounts receivable due from customers at the end of 2009 and 2008? what amount of accounts receivable did symentec write off during 2009? what is the amount of symentec’s gross sales for the 2009 fiscal year? assuming that all sales are made on a credit basis, what is the amount of cash symentec collected from customers during the 2009 fiscal year?
Answers: 3
image
Business, 22.06.2019 20:00, arifkarimi9214
A$100 million interest rate swap has a remaining life of 10 months. under the terms of the swap, the six-month libor is exchanged semi-annually for 12% per annum. the six-month libor rate in swaps of all maturities is currently 10% per annum with continuous compounding. the six-month libor rate was 9.6% per annum two months ago. what is the current value of the swap to the party paying floating? what is its value to the party paying fixed?
Answers: 2
image
Business, 22.06.2019 20:00, kylewinfrey2638
If an investment has 35 percent more nondiversifiable risk than the market portfolio, its beta will be:
Answers: 1
image
Business, 22.06.2019 22:50, brookephillips1099
Total marketing effort is a term used to describe the critical decision factors that affect demand: price, advertising, distribution, and product quality. define the variable x to represent total marketing effort. a typical model that is used to predict demand as a function of total marketing effort is based on the power function: d = axb suppose that a is a positive number. different model forms result from varying the constant b. sketch the graphs of this model for b = 0, b = 1, 0< b< 1, b< 0, and b> 1. (we encourage you to use excel to do this.) what does each model tell you about the relationship between demand and marketing effort? what assumptions are implied? are they reasonable? how would you go about selecting the appropriate model?
Answers: 1
Do you know the correct answer?
Presented below is information related to tamarisk inc.’s inventory, assuming tamarisk uses lower-of...

Questions in other subjects:

Konu
Mathematics, 03.02.2021 18:30
Konu
Mathematics, 03.02.2021 18:30