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castortr0y [4]
3 years ago
5

In time of rising prices, ending inventory determined using the LIFO inventory assumption will be ________ than ending inventory

determined using the FIFO inventory assumption.
Business
1 answer:
Yuliya22 [10]3 years ago
6 0

Answer:

LOWER

Explanation:

In time of rising prices, the inventory valuation made according to <em>LIFO</em> ( LAST IN FIRST OUT )  will be <u>LOWER</u> than the one valued according to <em>FIFO</em> ( FIRST IN FIRST OUT ) method.

The reason is that in <em>LIFO</em>, the newer stock is sold first, therefore, the remaining inventory is valued according to older purchases, that in inflationary context have lower prices.

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Luba_88 [7]

Answer:

corporation

with a corporation, he would have larger assess to funds needed to grow his business

Explanation:

A publicly owned corporation is a company is a company owned by shareholders. This type of company's shares is freely traded on a stock exchange  

Characteristics of A publicly owned corporation

• Limited liability. the liability of owners are limited to the amount invested

• Central management. The company is manged by board of directors and managers and not the shareholders

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8 0
3 years ago
An organization with customer-focused design with the inverted organization structure puts the empowered front-line workers at t
Aleonysh [2.5K]

Answer:

tellers at JP Morgan Chase branches.

Explanation:

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So the same is to be considered

3 0
4 years ago
A federal law that requires creditors to disclose the annual percentage rate (APR) and the finance charge as a dollar amount is
Nikolay [14]

Answer: The Truth in Lending Act (TILA) of 1968

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The laws requires lenders to disclose the APR (annual percentage rate) of loans, finance charge, repayment schedule and total repayment amount in the documents to be sent  to and signed by the lenders.

This is to control the excesses of lenders and the terms used in the contact must be simple to understand by the borrowers.

8 0
4 years ago
If the typical balance on Lucy's credit card is $750 and the interest rate (APR) on her credit card is 16%, how much in interest
dsp73
If the typical balance on Lucy's credit card is $750 and the interest rate (APR) on her credit card is 16%, how much in interest would you expect Lucy to be charged in a typical month

(16%/12)750=10.00
6 0
4 years ago
Read 2 more answers
Companies and their customers working together to develop products that meet customer needs is known as​ ________.
Hatshy [7]

Marketing involves companies and their customers working together to develop products that meet customer needs.

<h3>What is Marketing?</h3>

Marketing is a business strategy that identifies customers and their needs and provides the product to meet the customers need.

  • Marketing checks for the value placed on a product by consumers and provides the needs base on their preference.

Therefore, marketing involves working with customers to provide their needs.

For more details on marketing kindly check brainly.com/question/6988222

6 0
3 years ago
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