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3 years ago

Determine the cost of goods sold expense assuming kramer had used the lifo method instead of the fifo method.

1 answer:

4 0

<span>To determine the cost of goods sold (COGS) expense under the LIFO method, you start with the assumption that you have sold the most recent produced first, and work backwards. Generally, the formula for COGS expense is: Costs at the beginning of the year + Additional inventory cost during the year - Inventory at the end of the year</span>

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If the owner of a children's day-care center were to answer the question, "what business are you in?" with the statement, "We nu

S_A_V [24]

Answer:

Yes is a market-oriented mission statement.

Explanation:

Small businesses solve problems and offer solutions for a customer's needs. A market-oriented mission statement defines a purpose that focuses on satisfying a customer's needs. The purpose of a market-oriented mission should match current market data and environments

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2 years ago

Use these rental pricing data to answer the questions below: City 2009 Rent 2015 Rent Boise $583 $745 Boston $1,577 $2,150 Seatt

lisabon 2012 [21]

Answer:

Rate of change of rent [Seattle] = $95.5

Explanation:

Given:

2009 Rent $583

2015 Rent $745

2009 Boston $1,577

2015 Boston $2,150

2009 Seattle $958

2015 Seattle $1,600

Find:

Rate of change of rent [Seattle]

Computation:

Rate of change of rent [Seattle] = Change in price / Change in time

Rate of change of rent [Seattle] = [$2,150 - $1,577] / [2015 - 2009]

Rate of change of rent [Seattle] = $573 / 6

Rate of change of rent [Seattle] = $95.5

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2 years ago

In your own words, discuss GAP management and then suggest a way to reduce the impact of its limitation. Do not duplicate limita

vichka [17]

Answer:

Gap management is a strategy which every business follows. A business can be successful only if it sets goals for its future.

Explanation:

Gap management is the difference between where an organization stands today and where it wants to be in future. A company's management will set its own targets and then sets position of the company. There are limitation of gap management as there can be targets which are sometimes unachievable or there are some external forces which hinders the business progress.

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2 years ago

The mainstream view among economists is that a. no tradeoff exists between unemployment and inflation, either in the short run o

4vir4ik [10]

Answer:

b. society faces a tradeoff between unemployment and inflation, but only in the short run

Explanation:

Mainstream economics follows rational choice theory, which assumes that individuals make decisions that will maximize their own utility, and uses statistics and mathematical models to demonstrate theories and evaluate various economic developments.

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2 years ago

You will need $228,790 in 28 years to supplement your retirement funds. if you can earn 8% interest, you must save $________ eac

kodGreya [7K]

You will need $228,790 in 28 years to supplement your retirement funds. If you can earn 8% interest, you must save $2,400 each year. ✅

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2 years ago

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