Answer:
D. Erin pays her monthly personal credit card bill.
Answer:
Following are the solution to this question:
Explanation:
Calculating the cost of the product sold:
FIFO:
June 1: 23 units costing of 
each 
Aug 27: 23 units costing of each 
13 units costing of 
each 
Total cost of product sold
LIFO:
June 1: 23 units costing of each
Aug 27: 36 units costing of 
each = 540
Total cost of product sold 
Average cost:
June 1: 23 units costing of each
Aug 27: 36 units costing of 
each 
Total cost of product sold 
Answer:
b. None of the listed answers
Explanation:
EBITDA means earnings before interest , tax, depreciation and amortization, whereas operating is the gross profit minus all operating costs, since depreciation and amortization, which are operating costs would have been deducted in arriving at EBITDA, it means operating income and EBITDA are not the same.
Net income is gross profIt minus interest,tax ,depreciation and amortization, hence, it is a far cry from EBITDA.
Note also EBITDA is not recognized by generally accepted accounting principles (GAAP) as a performance measure
Answer: A speculation
Explanation: A speculation is a form of information in widespread that doesn't have a solid proof. The information about the acquisition of another company by the employees has no solid proof therefore it's a speculation.
Answer
d. The required rate of return would increase because the bond would then be more risky to a bondholder.
Explanation
The risk–return spectrum (also called the risk–return tradeoff or risk–reward) is the relationship between the amount of return gained on an investment and the amount of risk undertaken in that investment.
