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Sidana [21]
2 years ago
15

Joel and Liza are having a disagreement over one of their stock investments, which just lost 15 percent in a short period of tim

e. Liza has a very high risk tolerance, but Joel has a low risk tolerance. What would Liza argue?
a. Buy more stock at the lower price
b. Hang onto the stock until the price climbs again
c. Sell half of the stock and invest in a more reliable company
d. Sell all of the stock before it loses more value
Business
2 answers:
anastassius [24]2 years ago
8 0
B.

It says Liza is risk tolerant, therefore it would make sense that she would hold on to these stocks as risk tolerant people often hold onto stocks in the long term.
oksano4ka [1.4K]2 years ago
6 0
<h2><u>Answer:</u></h2>

The correct answer is B (Hang onto the stock until the price climbs again)

<h3><u>Explanation:</u></h3>

As Joel and Liza are having a disagreement over their stock investments, I think the best option is B as they also lost 15% in a short period of time. So as, it says Liza is hazard tolerant, hence it would bode well that she would clutch these stocks as hazard tolerant individuals regularly clutch stocks in the long haul.

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On the basis of the following data, determine the value of the inventory at the lower of cost or market. Assemble the data in th
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Answer:

<u>Product</u>        <u>Quantity </u>              <u>LCM</u>                          <u>Total</u>

Model A           300                  $125                         $37,500

Model B           500                   $90                           $45,00

Model C           150                    $59                           $8,850

Model D           800                  $115                         $92,000

Model E           400                  $140                         $56,000

Explanation:

Product        Quantity        Cost Per Unit         Market Value (NRV)

Class 1:

Model A           300                  $140                         <u>$125 </u>

Model B           500                   <u>$90</u>                          $112

Model C           150                    $60                          <u>$59</u>

Class 2:

Model D          800                  $120                          <u>$115</u>

Model E           400                  <u>$140</u>                         $145

When a company records inventory at lower of cost or market value, it will record its inventory at whichever price is lower. E.g. if NRV is lower than purchase cost, then inventory is recorded at NRV. If purchase cost is lower than NRV, then inventory will be recorded at purchase cost.

Models B and E should be recorded at purchase cost while models A, C and D should be recorded at NRV.

Product        Quantity               LCM                        Total

Class 1:

Model A           300                  $125                         $37,500

Model B           500                   $90                           $45,00

Model C           150                    $59                           $8,850

Class 2:

Model D           800                  $115                         $92,000

Model E           400                  $140                         $56,000

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2 years ago
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tester [92]

Answer:

$20,676.53

Explanation:

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$38,654 - $10,000 x 1.023

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This means that after withdrawing $10,000 to day and another $10,000 one year form today, from Anna's initial savings of $38,654, she will be able to withdraw her entire balance of $20,676.53 in 4 years time.

3 0
2 years ago
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