Acompany has the following information for its inventories a, b, c, and d: quantity historical cost net realizable value a 15 $20 $25 b 20 35 30 c 40 25 40 d 25 50 35 the necessary adjustment associated with the lower of cost and net realizable value would be: 1. inventory 675 cost of goods sold 675 2. cost of goods sold 675 inventory 675 3. inventory 475 cost of goods sold 475 4. cost of goods sold 475 inventory 475

At a small store, a customer enters the front door on average every 8 minutes. a prior study indicated that the time between customers entering the front door during weekdays follows an exponential distribution. what is the probability that the time between customers entering the store on a weekday will be less than or equal to 7? select one: a. 62 b. 43 c. 1/8 d. 7/8 e. 58

Stock market crashes happen when the value of most of the stocks in the stock market increase at the same time. question 10 options: true false

Lambert manufacturing has $100,000 to invest in either project a or project b. the following data are available on these projects (ignore income taxes.): project a project b cost of equipment needed now $100,000 $60,000 working capital investment needed now - $40,000 annual cash operating inflows $40,000 $35,000 salvage value of equipment in 6 years $10,000 - both projects will have a useful life of 6 years and the total cost approach to net present value analysis. at the end of 6 years, the working capital investment will be released for use elsewhere. lambert's required rate of return is 14%. the net present value of project b is: