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kogti [31]
3 years ago
13

The first costs assigned to ending inventory are the costs of the beginning inventory under the

Business
1 answer:
Nadusha1986 [10]3 years ago
6 0
<span>The answer is LIFO method or last in first out method. This is a practice that is rarely used in business as it could cause the inventory to become very old and unusable. For example milk on a shelf in the grocery store, if you keep putting fresh milk out front the back milk would expire before being used.</span>
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Suppose your nominal income this year is 5 percent higher than last year. if the inflation rate for the period was 3 percent, th
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C. increased by 2 percent

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A majority of employees surveyed believe that a top manager who violated ethics policies at their company would be
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3 years ago
Geno's Body Shop had sales revenues and operating costs in 2020 of $740,000 and $570,000, respectively. In 2021, Geno plans to e
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Answer:

$214,000

Explanation:

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7 0
3 years ago
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Your job pays you only once a year for all the work you did over the previous 12 months. Today, December 31, you received your s
s344n2d4d5 [400]

Answer:

Final Value= $4,216,869

Explanation:

Giving the following information:

You have decided that one year from today you will begin depositing 10 percent of your annual salary in an account that will earn 9.2 percent per year. Your salary will increase at 3 percent per year throughout your career. Your salary is $52,000

Your retirement is in 40 years.

We need to use the following formula:

FV= {A*[(1+i)^n-1]}/i

A=annual payment= 5,200

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FV= {5,200*[(1.122^40)-1]}/0.122

FV= $4,216,869

6 0
3 years ago
Hiring employees from outside the host country is an option many companies take when the local labor market does not offer enoug
Alinara [238K]

Answer:

True

Explanation:

Some countries are known to have people with special skills and competences that may not be available to others.

Hence where a company sees that the skills and competence required may not be adequately available in  the local market, the company has the option of hiring employees from outside the country.

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