Examlex
A solid spherical conductor has a radius of 15 cm. The electric field 30 cm from the center of this sphere has a magnitude of 800 N/C. What is the surface charge density σ on the sphere?
Lower-Of-Cost-Or-Market
An accounting principle stating that inventory should be recorded at the lower of its historical cost or its current market price.
LIFO
Last In, First Out, a stock valuation approach that accounts for the most newly manufactured goods as being sold before all others.
Lower-Of-Cost-Or-Market
A rule in accounting that dictates inventory should be recorded at whichever is less between its original purchase cost and its present market value.
LIFO
Last In, First Out, an inventory costing method where the last items added to inventory are the first to be used or sold.
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