When using the specific identification inventory method, the cost of goods sold equals the "revenues from the goods sold."
This is because the specific identification inventory method calculates each unit of n item in an inventory from when it enters the inventory until it leaves it.
The specific identification inventory method is used by many industries such as automobiles, furniture, jewelry, etc.
This method is mostly used when each unit of items can be specified easily, either through serial number, stamped receipt date, or other means of identification.
Hence, in this case, it is concluded that the specific identification inventory method is a good method to use in certain industries.
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Answer:
b. does not relieve Bill of the potential obligation to perform.
Explanation:
An obligation is a legal bond (vinculum iuris) by which one or more parties (obligants) are bound to act or refrain from acting.
An obligation thus imposes on the obligor a duty to perform, and simultaneously creates a corresponding right to demand performance by the obligee to whom performance is to be tendered
<span>he means that it is as simple as black people being subordinate to white people
i hope this helps you
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Answer:
A)Venture capital firms
Explanation:
Venture capital is a form of financing which is a private equity that is offered by Venture capital firms(investors, investment banks) to start up companies. The investors usually gives this to companies with have long-term growth potential. It should be noted that Venture capital firms provide financing to new or emerging companies with high profit potential.
An instance is made in the question which is an Uber Car Service. In return, these organizations expect a share of ownership in return for the financing they provide.