Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Sep 28, 2024

Andrews Corp. ended the year carrying $74,251,760 worth of inventory. Had they sold their entire inventory at their current prices, how much more revenue would

Andrews Corp. ended the year carrying $74,251,760 worth of inventory. Had they sold their entire inventory at their current prices, how much more revenue would it have brought to Andrews Corp.? $116,400,484 $158,549,209 $74,251,760 $42,148,725

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Accounting Essentials You Always Wanted To Know Self Learning Management Series

Authors: Vibrant Publishers , Kalpesh Ashar

5th Edition

1636510973, 978-1636510972

More Books

Students also viewed these Finance questions

Question

understand the difference between benefits of a mandatory nature and those that are voluntary

Answered: 1 week ago

Question

★★★★★

The manager of a division that produces add-on products for the automobile industry has just been presented the opportunity to invest in two independent projects. The first is an air conditioner for...

Answered: 1 week ago

Question

★★★★★

Machine A costs $8500 and has annual operating costs of $4500. Machine B costs $7000 and has an annual operating cost of $4800. Each machine has an economic life of 10 years. If the minimum required...

Answered: 1 week ago

Question

★★★★★

Steven Garcia had been allocating MOH costs to his products using a single plant-wide rate of $15,00 per DL hour. His accountants: were now stemestient the use of the following activity bised rates...

Answered: 1 week ago

Question

★★★★★

Given: f(1)=2, f'(1)=4, f'(2)=1; Write the equation of the normal line at x=1.

Answered: 1 week ago

Question

★★★★★

Discuss about a kaizen event (or kaizen blitz) that once took place in your work environment and how does it differs from other traditional kaizen applications? (10 Marks)

Answered: 1 week ago

Question

★★★★★

The required rate of return of stock ABC, which has a beta of 1.25, is 10.75%. The required rate of return of stock XYZ, which has a beta of 0.80, is 8.5%. What is the required rate of return of...

Answered: 1 week ago

Question

★★★★★

In the game Clacker, the numbers 1 through 12 are initially displayed. The player throws two dice and may cover the number representing the total or the two numbers on the dice. For example, for a...

Answered: 1 week ago

Question

★★★★★

The potential labour hours available for a large energy complex were found to be 5.4 million hours. The non-productive activities expressed in thousands of labour hours were: 360 for holidays and...

Answered: 1 week ago

Question

★★★★★

Suppose that a long-time nicotine addict who is trying to quite smoking decides he wants a cigarette, but his friends successfully restrain him. The friends intervention has an ambiguous effect on...

Answered: 1 week ago

Question

★★★★★

Economists agree that any intervention at time t which improves the utility of people at time t is necessarily a good intervention.

Answered: 1 week ago

Question

★★★★★

If people demand a self-commitment device, it must be Pareto self-improving; otherwise it would not be demanded by utility-maximizing economic agents.

Answered: 1 week ago

Previous Question Next Question