By the use of Lifo in a period where the prices rise, companies avoid to report paper profit, also called phantom profit, as economic gain. Have in mind that in periods of changing prices, the cost flow assumption can have a significant impact onincome and on evaluations based on income. That is why when Lifo is used the companies tend to <span>report the lowest net income </span>
Answer:
the amount that need to be deposited each year is $7,166.28
Explanation:
The computation of the amount that should be deposited each year is shown below:
Given that
FV is $66,000
NPER is 9
RATE is 6.9% ÷ 12 = 0.575%
PV is 0
The formula is shown below:
= PMT(RATE,NPER,PV,-FV,TYPE)
AFter applying the above formula, the amount that need to be deposited each year is $7,166.28
Answer:
Land, $65,625 and Garage, $39,375
Explanation:
The allocation would be done using the fair market values as basis. Fair market value is more appropriate as a basis instead of using the sizes of the building and the garage as basis.
Total fair market values = $125,000 + $200,000 + $75,000 = $400,000
Total amount paid for all assets = $210,000
Amount allocated to each asset = 
Amount allocated to land = 
= $65,625
Amount allocated to warehouse = 
= $105,000
Amount allocated to garage = 
= $39,375
Answer: hello your question is incomplete attached below is the complete question
answer : $(1,236,495). ( A )
Explanation:
Attached below is the Calculation of the net present value of the alternative of overhauling the present system
The value of Net present value = ∑ present value
= -300000 - 200000 - 906950 + 77055 + 93400
= - 1,236,495
Jeff's pizzeria can handle 30 orders during the day.It wanted to increase this number,so it started making its delivery boys do minor chores in the kitchen when they were not out for delivery and made some of the chefs pick up customers' calls.This doubled the number of order Jeff's Pizzeria could handle.This approach is an example of <u>Synergy</u>
Answer: The correct answer is (B)
<u>Explanation:</u>
Synergy takes place when a concern use teams to increase performance and growth and it helps in achieving common goals.Synergy means collective performance or action which multiply the speed of team.
Synergy approach helps in speeding up the job and completing it in a desired time period.It increases the effectiveness of the team and enable the team to share common perspective,knowledge and experience.
Even if the members of the team are not talented enough but with group efforts or synergy a team can accomplish the things beyond their skills.
Synergy makes the team stronger .Ever team member gets the benefit and become prosperous.