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Reil [10]
2 years ago
9

Snyder's-Lance is a leading snack-food company. The following note was contained in its recent annual report:

Business
1 answer:
Mademuasel [1]2 years ago
6 0

The reported ending inventory was $43,112 thousand. If FIFO were used exclusively, the ending inventory would have been $6,964 thousand higher than reported, or $50,076 thousand.

Inventory refers to all the items, goods, goods, and materials that a business holds for sale in the market to make a profit. Example: If a newsagent uses a vehicle to deliver newspapers to customers, only the newspapers are considered inventory. A car is treated as an asset.

The manufacturer has three types of inventory. There are raw materials (awaiting processing), work in process (processed), and finished goods (preparing for shipment). The LIFO method assumes that the most recently purchased inventory units are sold.

Learn more about inventory at

brainly.com/question/24868116

#SPJ4

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An employee is dissatisfied with the resolution of an ethical conflict with his supervisor at his place of employment. According
Greeley [361]

Answer: Contact the top level of the management who is not involve in the ethical conflict      

Explanation:

 According to the given scenario, an employees of an organization are basically dissatisfied with the various types of resolutions of given ethical conflicts made by the company's supervisors.

 On the basis of the institute  management accountants, the employees next step is the contact with the top level management and involve them in the decision of an ethical conflicts so that they provide an effective resolution based on the given situation.    

 Therefore, The given answer is the correct answer.    

     

7 0
3 years ago
What is a government bond that is repaid within 3 months to a year?
sattari [20]
The right answer for the question that is being asked and shown above is that: "d. Federal Reserve Note." a government bond that is repaid within 3 months to a year is called the d. Federal Reserve Note. 
4 0
3 years ago
Read 2 more answers
John Maynard Keynes created the aggregate expenditures model based primarily on what historical event? Question 9 options: econo
kirill [66]

Answer: Great Depression

Explanation:

The Great Depression was an economic depression that took place worldwide which was as a result of the crash in the stock market. The Great Depression brought about reduction in GDP of countries due to the fall in demand of goods and services.

John Maynard Keynes created the aggregate expenditures model based primarily on the Great Depression. This method is used to calculate the GDP for a country.

6 0
4 years ago
<img src="https://tex.z-dn.net/?f=%283%20%5Csqrt%7B2%20-%209%7D%20%29%283%20%5Csqrt%7B2%20%2B%209%7D%20%29" id="TexFormula1" tit
lara31 [8.8K]

(3 \sqrt{2  - 9} )(3 \sqrt{2 + 9} ) \\ 3 \sqrt{2 - 9}   \:  \: \times  \:  \: 3 \sqrt{2 + 9}  \\ 3( \sqrt{2 - 9}  \times  \sqrt{2 + 9} ) \\ 3( \sqrt{(2 - 9)(2 + 9)}  \:  \: )  \\ by \: using \: identity \:  \:  {x}^{2}  -  {y}^{2}  = (x + y)(x - y) \\ 3( \sqrt{ {2}^{2} -  {9}^{2}  } ) \\ 3( \sqrt{4 - 81} ) \\ 3 \sqrt{77}

HOPE THIS WILL HELP YOU

7 0
3 years ago
The Colson Company issued $407,000 of 9% bonds on January 1, 2014. The bonds are due January 1, 2020, with interest payable each
Zielflug [23.3K]

Answer:

Dr cash    $407,000

Cr bonds payable       $407,000

July 1

Dr interest expense   $ 18,315.00  

Cr cash                                              $ 18,315.00  

December 31

Dr interest expense   $ 18,315.00  

Cr interest payable                                          $ 18,315.00  

Explanation:

The bond was issued at face value of $407,000 which means that cash of $407,000 was received which is to be debited to cash account and bonds payable account credited for the same amount.

On July1 ,interest coupon of  $ 18,315.00   ($407,000*8%*6/12) was paid which means that interest expense is debited with $ 18,315.00   while cash is credited.

On 31 December ,interest coupon of  $ 18,315.00   ($407,000*8%*6/12) was due  which means that interest expense is debited with $ 18,315.00   while interest payable is credited.

6 0
3 years ago
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