1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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

You might be interested in
your Christmas ski vacation was great, but it unfortunately ran a bit over budget. All is not lost, because you just received an
kobusy [5.1K]

Answer:

If the interest rate decreases, you will be able to pay back the loan in only 58 months, which is 27 months less than with the higher interest rate.

Explanation:

I prepared an amortization schedule using the 21.8% rate, an it would take 85 months to pay of your debt completely. But if the interest rate decreases to 12.4%, it will take you only 58 months.

Download pdf
<span class="sg-text sg-text--link sg-text--bold sg-text--link-disabled sg-text--blue-dark"> pdf </span>
<span class="sg-text sg-text--link sg-text--bold sg-text--link-disabled sg-text--blue-dark"> pdf </span>
8 0
3 years ago
What is your idea of success?
horsena [70]

<u>the accomplishment of one's goals and hard work .</u>

5 0
3 years ago
Read 2 more answers
Heidi opened her first checking account. she deposited $500 into the account. list four ways heidi can withdraw money from her c
alisha [4.7K]
She can write a check, she can withdraw money from ATM, she fill out a withdrawal slip, she can transfer money to another account
7 0
3 years ago
Read 2 more answers
in an audit of inventories, an auditor would least likely verify that all inventory owned by the client is on hand at the time o
Kruka [31]

In an audit of inventories, an auditor would least likely verify that all inventory owned by the client is on hand at the time of the count.

An auditor no longer assumes all inventories to which the auditee has a name to be available a the date of the depend. A few bought goods may also still be in transit at that time. Additionally, some stock may be on consignment or in public warehouses through properly included in the county.

An audit is an "impartial exam of monetary statistics of any entity, whether or not profit oriented or now not, no matter its size or legal form whilst such an exam is performed so one can explicit an opinion thereon.”

An auditor is a person or a firm appointed with the aid of an employer to execute an audit. to act as an auditor, someone should be licensed by means of the regulatory authority of accounting and auditing or possess sure detailed qualifications.

Learn more about audit here brainly.com/question/24317218

#SPJ4

6 0
2 years ago
How would recession effect the economic
Virty [35]

Answer:

Recession cause standard monetary and fiscal effects.

Explanation:

Recession impact all kinds of business, large and small,due to tightening credit conditions, slower, demand, and general fear and uncertainty.

6 0
3 years ago
Other questions:
  • True/False
    15·1 answer
  • Identify the component present in a smart card that can process instructions and store data for use in various applications Sele
    13·1 answer
  • The 100-room limited-service Pepper Inn has an ADR of $75 and variable costs per room sold of $15. Assume there is no other sale
    11·1 answer
  • Edward McDowell Co. establishes a $138,000,000 liability at the end of 2020 for the estimated site-cleanup costs at two of its m
    11·1 answer
  • o decide whether or not to buy a season ski pass. A daily pass costs ​$80. A season ski pass costs ​$450. The skier would have t
    9·1 answer
  • What is one reason that a brand may not want to get rid of a product that isnt meeting goals?
    5·2 answers
  • Why does demand generally become more elastic over time?a. people don't change their shopping behavior over timeb. few substitut
    14·1 answer
  • A few years back, Dave and Jana bought a new home. They borrowed $230,415 at a fixed rate of 5.49% (15-year term) with monthly p
    8·1 answer
  • At which stage of problem solving should you discuss the problem with colleagues?
    6·1 answer
  • It is a real problem for us’, said Angnyeta Larson, ‘We now have only ten working days between all the expense claims coming fro
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!