IN FIFO periodic method, all the opening inventory and purchases for a period are taken and then the Cost of goods sold is calculated by taking the oldest purchased units first, therefore, the closing inventory comprises the latest purchased units. In the LIFO periodic method, all the opening inventory and purchases for a period are taken and then the Cost of goods sold is calculated by taking the latest purchased units first, therefore, the closing inventory comprises the oldest purchased units.
FIFO stands for "first in, first out" and assumes that the first item put into inventory is also the first item sold. Also known as "last in, first out," LIFO assumes that the last item added to inventory is sold first.
To calculate FIFO (first in, first out), determine the cost of the oldest inventory and multiply that cost by the amount of inventory sold while calculating the cost of inventory using LIFO (last in, first out). increase. The oldest inventory determines the current inventory and is multiplied by the amount of inventory sold.
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A contract is a negotiated agreement between an organization and a group to exchange goods, services, information and patents.
<h3 /><h3>Business contract</h3>
It is a formal agreement that establishes the rules, rights and obligations between a working partnership. It exists so that the agreements are fulfilled as previously established, with legal consequences for the party that does not comply with a contractual provision.
Therefore, the contract is a guarantee to two companies that want to come together in favor of some joint negotiation, establishing in common agreement the responsibilities necessary for the organizational integration to be effective.
The correct answer is:
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The correct answer is B) Doormart signed an agreement with Wallmart allowing both firms to engage in predatory pricing.
Wallmart is accused of predatory pricing by Doormart. Wallmart could defend itself against this accusation. The option that would not be one of their arguments would be "Doormart signed an agreement with Wallmart allowing both firms to engage in predatory pricing."
This option would be inconceivable because laws and regulations prohibit companies to sign an agreement that could be against the benefits of the American consumer. A situation like that could seem like an agreement "behind doors" that also hampers or hurts other competitors in the industry. Predatory pricing is an illegal practice aimed at eliminating other competitors in the market by setting very low prices. Something like this could create monopolies.
Answer:
B. It makes the wearer look cool is the correct answer.
Explanation:
<span>On-scene security, Protection, and Law
Enforcement</span>
On-scene security, Protection, and Law
Enforcement entails conducting appropriate measures to ensure the
protection of the health and safety of the public and workers, as well as the
environment, from all hazards in support of the responder operations and the
affected community