In some instances, accounting principles require a departure from valuing inventories at cost alone. Determine the proper unit inventory price in the following cases, under the lower-of-cost-or-market rule. (Round answers to 2 decimal places, e. g. 52.75.) Cases
1 2 3 4 5
Cost $16.70 $15.10 $16.80 $17.30 $18.00
Net realizable value 14.40 16.80 14.10 9.70 18.70
Net realizable value less normal profit 12.90 15.20 12.59 8.00 17.30
Market (replacement cost) 16.00 18.50 11.10 8.60 18.90

17.     chef a says that garnish should be added to a soup right before serving. chef b says that garnish should be cooked with the other ingredients in a soup. which chef is correct? a. chef a is correct. b. both chefs are correct. c. chef b is correct. d. neither chef is correct. student c   incorrect which is correct answer?

Which statement or statements are implied by equilibrium conditions of the loanable funds market? a firm borrowing in the loanable funds market invests those funds with a higher expected return than any firm that is not borrowing. investment projects which use borrowed funds are guaranteed to be profitable even after paying interest expenses. the quantity of savings is maximized, thus the quantity of investment is maximized. a loan is made at the minimum interest rate of all current borrowing.

In the context in which your reading material uses the term traffic patterns are