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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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A management consulting team needs a team of four to analyze the operations of a new client. The team should comprise an account

exis [7]

Answer:

720

Explanation:

Given:

The management consulting team should comprise an accountant, a production specialist, a finance specialist, and a management specialist. On its staff, the consulting firm has available six accountants, five production specialists, three finance specialists, and eight management specialists

To find:

Number of different teams that could be formed from the available individuals

Solution:

Use combination to find number of ways to select y objects from x objects when the order in the selection process doesn't matter.

Number of ways to select an accountant, a production specialist, a finance specialist, and a management specialist from six accountants, five production specialists, three finance specialists, and eight management specialists = $6_C_1 5_C_1 3_C_1 8_C_1\\=6(5)(3)(8)\\=720$

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2 years ago

The decision situations wherein the decision-maker chooses to consider several possible outcomes and the probabilities of their

RUDIKE [14]

Answer: The correct answer is "a. decisions under risk.".

Explanation: The decision situations wherein the decision-maker chooses to consider several possible outcomes and the probabilities of their occurrence can be stated are called <u>decisions under risk.</u>

Decision-making under risk is one of the three possible decision-making scenarios based on the available information, this scenario presents an intermediate situation between decision-making under certainty or under uncertainty: each alternative, strategy or course of action has several possible consequences, but the person in charge of making the decision knows the probability of each of them.

5 0

3 years ago

In your opinion, what is the riskiest stage of new product development?

galben [10]

Answer:

probably quality

Explanation:

if it's a bad quality I wouldn't buy and if its not animal cruelty free

8 0

3 years ago

Read 2 more answers

Employee a. who executes orders to buy and sell for clients of his or her brokerage firm. b. individual who trades on the floor

LUCKY_DIMON [66]

Answer:

In the given context, the correct definition for an employee, would be that of an individual who executes orders to buy and sell for clients of his or her brokerage firm.

Explanation:

An employee is a person who is hired by an employer to execute functions that are necessary to his organization's full operation. In the context of the stockmarket, an employee of a company would not trade for his or her account, but for his employer's account, following their policies and intentions. Therefore, an employee is an individual who executes orders to buy and sell for clients of his or her brokerage firm.

8 0

2 years ago

Describe the process of roof top vegetable production?

GrogVix [38]

Answer:

Rooftop farming, popularly known as "Kaushi Kheti" is the cultivation of different food crops in the roof of buildings which is usually done in the city areas where there is no adequate agricultural lands.Start with a plan. ...

Consult with the building engineer. ...

Check into access. ...

Use sturdy materials. ...

Find a water source. ...

Look for storage space. ...

Pick the right planting medium.

Explanation:

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3 years ago