Answer:
The gross profit method of inventory valuation is not valid when
c. the gross margin percentage changes significantly during the year.
Explanation:
Gross Profit Method:
It is such method that is used to determine the value of ending inventory in a specific period.
- The option a, b and d are valid as this method is used when there is substantial increase in the quantity of inventory or in the cost of the inventory during the year. Moreover, it is also used to calculate the amount of ending inventory that is effected by a disaster such as fire, theft etc.
- The option c is not valid because it is not used when the gross margin percentage changes significantly during the year as gross profit method is only used to determine the amount of an ending inventory.
Answer:
No
Explanation:
Long term bonds might not be great investments if the interest rate fall or even slide into negative value in the future. This means that the bond will become insignificant in value.
Cheers
Answer:
13.85% and 18.9%
Explanation:
As in this exercise we have a free risk asset we will assume that the t-bill has a standard deviation of 0%, so let´s firts calculate the expected return:
where E(r) is the expected return, 
is the return of the i asset and 
is the investment in i asset, so applying to this particular case we have:
the calculation of standar deviation follows the same logic of the previous formula:
Answer: C.grown with pesticides and chemical fertilizers
Explanation: We must choose this answer because pesticides and chemical fertilizers are guilty of most allergies and diseases worldwide. The best action you can do is choose 100% natural and organic items certificate on the label, so we make sure that they will be suitable for our consumption without any consequence.
False, a credit card doesn’t deduct from your checking account nor is it linked to your checking account only a debit card deducts from your checking account.
