Answer: a. When inventory purchase costs are rising.
Explanation:
Last In First Out is an inventory stock valuation method where newer inventory is sold first and older inventory are sold last.
When a LIFO liquidation occurs, it means that the company has sold off its new stock and are now selling the older one.
This will lead them to have a lower cost of goods sold as the older stock is usually cheaper. If Inventory purchase costs are increasing in the market, then sales prices will have to increase as well. The company will sell at this new price but will still have that lower cost of goods sold.
This means that they would have more profits as a result which will lead to more taxes being charged on them.
<h2>
<em><u>Hiii</u></em></h2><h2>
<em><u>HERE'S</u></em><em><u> </u></em><em><u>YOUR</u></em><em><u> </u></em><em><u>ANSWER</u></em></h2>
<h3 />
Multinational Corporations (MNCs) set up their factories or production units close to markets where they can get desired type of skilled or unskilled labour at low costs along with other factors of production. After ensuring these conditions MNCs set up production units in the following ways :
(a) Jointly with some local companies of the existing country.
(b) Buy the local companies and then expand its production with the help of modern technology.
(c) They place orders for small producers and sell these products under their own brand name to the customers worldwide.
<h2>
<em>HOPE</em><em> </em><em>IT</em><em> </em><em>HELPS</em><em> </em><em>YOU</em><em> </em><em>OUT</em><em> </em><em>PLEASE</em><em> </em><em>MARK</em><em> </em><em>IT</em><em> </em><em>AS</em><em> </em><em>BRAINLIEST</em><em> </em><em>AND</em><em> </em><em>FOLLOW</em><em> </em><em>ME</em><em> </em><em>PROMISE</em><em> </em><em>YOU</em><em> </em><em>TO</em><em> </em><em>FOLLOW</em><em> </em><em>BACK</em><em> </em><em>ON</em><em> </em><em>BRAINLY.IN</em><em> </em></h2>
Answer:
Explanation:
GDP is gross domestic product and NDP is net domestic product.
GDP measures market value of total goods and services produced in a particular period of time.
NDP is net domestic product . In its calculation, we deduct the value of depreciation of capital goods produced from the value of GDP.
So
NDP = GDP - depreciation .
So growing gap between GDP and NDP reflects the increasing obsolescence of capital goods , which warrants replacement of capital goods .
OPTION A is correct.
Im thinking its the uk am i right
Financial accounting, an asset is any resource owned by a business or an economic entity. It is anything that can be owned or controlled to produce value and that is held by an economic entity and that could produce positive economic value.
I hope this helps
