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NeTakaya
3 years ago
10

Which inventory method reflects the most recent costs of inventory on the balance sheet? What implications might this have that

would be relevant for users of the financial statements to know?
Business
1 answer:
dalvyx [7]3 years ago
8 0

Answer:

Which inventory method reflects the most recent costs of inventory on the balance sheet?

LIFO

What implications might this have that would be relevant for users of the financial statements to know?

This will mean that the profitability ratios will be smaller under LIFO .

The profitability ratios include profit margin, return on assets, and return on stockholders' equity.

Explanation:

LIFO, the most recent costs of products purchased (or manufactured) are the first costs to be removed from inventory and matched with the sales revenues reported on the income statement. This means that the oldest costs remain in inventory.

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Answer:

Organization structure and design

Explanation:

Organization structure is when a company's mode of operations and strategies are clearly defined and translated into various functions to be carried out by units in the organization and how those units work together to achieve common objectives, while organization design which is quite broader than organization structure tells us about a company's whole process, how teams are set up and led to achieve an organization goals.

Both structure and design are often used to give directions to an organization where the desired results are not met. As in the above scenario, both the structure and the design will now be restructured and redefined such that the new employees that will be recruited must meet the criteria as set out therein hence result in operational efficiency.

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3 years ago
What are the four principles of a contract​
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An agreement between private parties creating mutual obligations enforceable by law. The basic elements required for the agreement to be a legally enforceable contract are: mutual assent, expressed by a valid offer and acceptance; adequate consideration; capacity; and legality.
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3 years ago
We want to send all of our high-value customers a special VIP gift. We are defining high-value customers as those who have made
Setler79 [48]

Answer:

Customer ID HANAR

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Order ID 10981

Total Amount 15810.00

Explanation:

Companies focus on Customer retention policies for high valued customers. The companies do not want to upset their high valued clients and lose a great part of their sales from these customers. In this question all the high valued customers are sent gifts by the company who has shop for $10,000 or more from the company this year. From the given list we have sorted the high valued customers based on this criteria.

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Due to political instability in the country of United Mapa, the strategic leaders at the headquarters of FT Supplies Inc. have d
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Answer: (D) Corporate strategy

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The corporate strategy basically creating the values and also developing the various types the various types of unique advantages for selling the products and the services in the market.

According to the given question, due to some political instability the strategic leader of the company decided to divest in the business and this is known as the corporate strategy.  

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