Answer:
If the company uses FIFO, the gross income will increase by $500.
Explanation:
Giving the following information:
Purchases:
230 units of inventory for $9
330 units for $10
270 units for $11
At the end of the month, 310 units remained.
<u>The difference in gross profit is in the cost of goods sold. First, we will determine the number of units sold:</u>
<u></u>
Units sold= total units - ending inventory
Units sold= 830 - 310
Units sold= 520
<u>The FIFO method uses the cost of the firsts units incorporated into inventory. The LIFO method uses the cost of the lasts units incorporated into inventory.</u>
FIFO:
COGS= 230*9 + 290*10= $4,970
LIFO:
COGS= 270*11 + 250*10= $5,470
Difference= 5,470 - 4,970= $500
If the company uses FIFO, the gross income will increase by $500.
In the scenario in which the company in which Duke, a a particularly highly skilled negotiator , works, is able to collect twice as much revenue per hour of Duke's time than it can for any other negotiator in town, <span>the increased revenue will </span>all go to Duke because, if it didn't, another firm could hire Duke away.
Duke's knowledge and ability lead to this.
Answer:
These are the correct options:
B. Trade was difficult.
C. There was political division in the continent.
E. Europe was a mass of small duchies and provinces.
Explanation:
B. Trade was difficult.
During the ninth and tenth centuries, trade was in a very small-scale, and had not recovered yet to the same level it was during the height of the Roman Empire. This is because states were unstable, often at war with each other, or being invaded. Trade needs stability and mutual confidence and Europe did not have either.
C. There was political division in the continent.
A map of Europe in the year 900 (which marks the middle point between the ninth and tenth century) shows a very divided continent: the old Carolingian Empire had divided in the Kingdom of the West Franks (which would become France) and the Kingdom of the East Franks (which would become Germany). Britain was constituted by over 10 states of anglo-saxon, celtic, and norse origin, and the Iberian Peninsula was split among Christian kingdoms and a Islamic Emirate.
E. Europe was a mass of small duchies and provinces.
Not only were central states unstable, they also did not hold too much power. In reality, Europe was becoming feudal, which means that local lords who held smaller territories had almost total control over taxation and military matters in their lands, and the central authorities needed to ask for their cooperation in case of war or economic need.
Answer:
Planning Coordinator
Explanation:
Planning coordinators will communicate with both clients and employers. They will talk about performances on projects, goals, and any upcoming events.
Hope this Helps!
