Answer:
The Correct Answer is A.
"He was appointed as a federal judge".
Explanation:
- William Marbury was appointed a justice of the peace for the District of Columbia by John Adams, however, Marbury did not get his commission papers.
- Marbury petitioned the supreme court to force James Madison to deliver the paper of commission to him.
- James Madison held the role of transmitting appointments and did not approve the Marbury.
- Madison refused to give the commission to Marbury.
Answer:
TRUE
Explanation:
In simple words, differentiation strategy refers to the business strategy under which an organisation tries to get competitive advantage in the market by adding some unique features in the existing products or by introducing brand new products for utilization.
This strategy is used by service industries as well in which the organisations frequently introduce new technologies for better operating activities. Such strategies can sometimes lead to establishment of new industry in which the innovating firm gets the first mover advantage.
Economic Order Quantity.
EOQ is the optimum quantity of goods that can be purchased at one time to minimize costs associated with ordering, handling, and storing.
Answer:
Determine the inventory cost and the cost of merchandise sold by three methods.
FIFO Cost of Merchandise Inventory $10820 Cost of Merchandise Sold $14440
LIFO Cost of Merchandise Inventory $9420 Cost of Merchandise Sold $15840
WAC Cost of Merchandise Inventory $10104 Cost of Merchandise Sold $15156
Explanation:
Jan-1 50 114
¨Mar-10 60 124
Aug-30 20 130
Dec-12 70 136
Purchases 200
Final Inventory 80
Sell units 120
FIFO Purch.Unit cost Sell U. Cost F. inv. Final Inv.cost
Jan-1 50 114 50 5700 0 0
¨Mar-10 60 124 60 7440 0 0
Aug-30 20 130 10 1300 10 1300
Dec-12 70 136 70 9520
120 14440 80 10820
LIFO Purch Unit cost Sell U. Cost Final inv. Final Inv.cost
Jan-1 50 114 0 0 50 5700
¨Mar-10 60 124 30 3720 30 3720
Aug-30 20 130 20 2600 0 0
Dec-12 70 136 70 9520 0 0
120 15840 80 9420
Weigth Average cost Unit Unit/cost Cost Cost Inv.cost
Jan-1 50 114 5700
¨Mar-10 60 124 7440
110 119,4 13140
Aug-30 20 130 2600
130 121,0 15740
Dec-12 70 136 9520
200 126,3 25260 120 15156 10104
Answer:
The assets of the business must have increased by $49,000.
Explanation:
Every time when a change in any type of account occur it should satisfy the accounting equation as follow:
Asset = Equity + Liabilities
So, the same situation is
Change in Asset = Change in Equity + Change in Liabilities
Change in Asset = -$34,000 + $83,000
Change in Asset = $49,000
So, the net change in the assets will be $49,000. This value is the net of change in the assets section resulting the change due to Equity and liability transaction.
