Answer:
$400 every 6 months.
Explanation:
Step wise solution is given.
Answer:
$3540.
Explanation:
FIFO means first in, first out. It means that it is the first purchased inventory that is the first to be sold
Ending inventory comprises of goods bought in May, September and November
cost of the ending inventory :
(4 x $130) + (12 x $135) + (10 x$140) = $3540
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Answer:
increase in the price of raw materials
Explanation:
Stagflation is a period of both persistent high inflation and decline in gross domestic product of an economy.
Inflation occurs when general price level rises.
Stagnation is caused by a fall in production of goods and services in the economy. An increase in the price of raw materials can discourage production.
I hope my answer helps you
Answer: C) Price-earnings ratio
Explanation:
The Price - earnings ratio is used to calculate the company's share price to its earnings per share. It uses the market value of the stock and thus has the least correlation to the actual inner workings of the company.
The Current and Acid test ratios can be used to calculate if the company is able to cover its current liabilities given its current assets and its most liquid current assets respectively. The Times Interest ratio shows if the company is able to pay its debt payments with the funds available.
The odd one out is therefore the Price-Earnings ratio.
