Answer:
a. Starts with ending inventory measured at current costs and re-creates LIFO layers for measuring inventory costs.
Explanation:
Dollar-value LIFO refers a technique of accounting that employed for inventory based on the last-in-first-out model.
To obtain the dollar-value LIFO, the conversion price index that will be used to calculate the LIFO cost layer for each period must be calculated first.
Therefore, Dollar-value LIFO starts with ending inventory measured at current costs and re-creates LIFO layers for measuring inventory costs.
Answer:
He would probably need to deposit 35k
Explanation:
He would need to deposit 35k cause the other 45k would be used to buy stuff like food clothes etc. And thats the recommended amount to deposit
If you were to sit in a local fast-food restaurant and record what people ordered, you would be using <u>"naturalistic observation descriptive method".</u>
When utilizing naturalistic observation, researchers gather data about subjects by watching them unpretentiously, without interfering with them in any capacity. Analysts make a record of occasions and note connections among those occasions. With naturalistic perception, specialists confront the test of getting an unmistakable perspective of occasions without getting to be detectable to the subjects.
Answer:
The lender will require that the property to generate $140,000 to maintain the required debt coverage ratio.
Explanation:
Use the formula of Debt coverage ratio to calculate the return that property should generate for required Debt coverage ratio.
Debt Coverage Ratio = Net Income / Loan amount
1.4 = Net Income / $100,000
Net income = $100,000 x 1.4
Net income = $140,000
The lender will require that the property to generate $140,000 to maintain the required debt coverage ratio.
Answer:
Option A is the more convinient.
Explanation:
Giving the following information:
She wants you to choose which one of the following sets of cash flows you would like to receive:Option A: Receive a one-time gift of $ 10,000 today. Option B: Receive a $1500 gift each year for the next 10 years. The first $1500 would be received 1 year from today. Option C: Receive a one-time gift of $18,000 10 years from today.
We will assume a discount rate of 10%.
Option A:
Present value= $10,000
Option B:
Final value= {A*[(1+i)^n-1]}/i
A= annual deposit
FV= {1500*[(1.10^10)-1]/0.10= 23,906.14
PV= FV/(1+i)^n
PV= 23,906.14/1.10^10= $9,216.85
Option C:
PV= 18,000/1.10^10= $6,939.80
