This makes the net realizable value $4.20 (selling price of $5.00 less $0.80 of cost to complete and dispose). Net realizable value is a key component in determining market in the lower of cost or market rule.
Scotch-Irish (or Scots-Irish) Americans are American descendants of Presbyterian and other Ulster Protestant Dissenters from the Irish province of Ulster who migrated to North America during the 18th and 19th centuries.ost Scotch-Irish headed for Pennsylvania, with its good lands, moderate climate, and liberal laws. By 1750, the Scotch-Irish were about a fourth of the population, rising to about a third by the 1770s.
British America in the Colonial Period. If a foreigner asked an American what life was like in America, the answer would depend greatly on where a person lived in the country. That was just as true in the 1700s as it is today. Overall, America's colonial population increased from about 250,000 in 1690 to 2.5 million in 1754, fueled by natural increase and political turmoil in Europe. Poor Scots-Irish immigrants settled in the wilderness of North Carolina and the Appalachian Mountains.