Answer:
Select the correct statement concerning LIFO liquidations from the following.
a. LIFO liquidations often distort net income and may result in substantial tax payments.
b. LIFO liquidations seldom distort net income and do not result in substantial tax payments.
c. LIFO liquidations often distort net income and do not result in substantial tax payments.
d. LIFO liquidations seldom distort nets income and may result in substantial tax payments.
Explanation:
LIFO liquidation refers to the practice of selling or issuing of older merchandise stock or materials in a company's inventory. Therefore, under the LIFO method, the latest purchased or produced goods are removed and expensed first. And so, the old inventory costs remain on the inventory valuation method.
The correct answer is Germany.
Jewish ghettos were located in Germany during World War 2 and before it as well. During the war itself, they were being deported to concentration camps and other places which we now commonly refer to as the holocaust, where a few million people have died in concentration camps due to different reasons.
1 Which group is not represented in modern day Brazil?
2 What is the official language of Brazil?
1. Generically, the Indigenous peoples that live not only in Brazil but also in the entire American continent are called Indians
2. Portuguese
Egenuity says the answer is False ^-^
The unlimited liability & control of decision making should be the benefits enjoyed by sole proprietorships.
The following information related to the sole proprietorships is as follows:
- In this, there is only one <u><em>owner </em></u>who controls the business operations.
- In this, the <u><em>owner </em></u>should have the responsibility to make the decision, claiming the profits, etc.
- Also, the <u><em>owner </em></u>does have unlimited liability.
Therefore we can conclude that the unlimited liability & control of decision making should be the benefits enjoyed by sole proprietorships.
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