The kind of ROI Luis demonstrates is : Positive ROI
<h3>Positive ROI</h3>
A positive ROI is defined as when the cost of a financial decision/step is lower than the gain of a financial decision.
Luis takes a loan to help him earn a certificate, the certificate he earns has helped him earn a good salary job which he can use to repay the loan.
Therefore in the long term Luis will have a positive return on investment on his financial decision.
Hence we can conclude that the kind of ROI Luis demonstrates is Positive ROI.
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1 mol KMnO₄ contains 4 mol O, which has a molar mass of about 15.999 g/mol. Then the mass of O in the sample is
(4 mol) (15.999 g/mol) ≈ 63.996 g
The cost of ending inventory at the conclusion of an accounting period is calculated using the weighted average inventory costing method.
<h3>
How is the cost of discontinuing inventory calculated?</h3>
- The cost of ending inventory at the conclusion of an accounting period is calculated using the weighted average inventory costing method. The idea behind this approach is to give all inventory units an average cost.
- In this scenario, the average of the purchase costs from April 5 to April 22 would be taken and multiplied by the number of remaining units to get the cost of the ending inventory on the balance sheet.
- The five pieces cost a total of $69 ($10 + $12 + $14 + $16 + $17) between April 5 and April 22. The remaining four units would make up the ending inventory as one unit was sold on April 25.
- Therefore, $17.25 ($69 divided by 4) would be the price of the closing inventory. As the cost of the ending inventory, this sum would be shown on the balance sheet.
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