Answer:
The correct answer is letter "D": first-in, first-out.
Explanation:
A business using the first-in, first-out (FIFO) inventory valuation approach must sell, use or dispose first of all the products it produced or acquired. According to the FIFO process, the most recent assets purchased or generated are those that remain in inventory. Older stock is first removed from inventory.
Answer:
The answer would be E
Explanation:
Excess return, also known as alpha, is a measure of how much a fund has under or outperformed the benchmark against which it is compared.
metric allows investors to compare sets of funds against each other, in order to see which fund has generated greater excess returns.
The capital adequacy ratio (CAR) calculates a bank's available capital as a proportion of its risk-weighted credit exposures. The capital adequacy ratio, is commonly known as the capital-to-risk weighted assets ratio (CRAR). A leverage ratio is any of a number of financial metrics that examine the amount of capital that is borrowed (loans).
Learn more about capital adequacy Ratio (CAR ) And leverage Ratio (LR) here:
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C business mileage during the year to claim the standard mileage rate for the business
Answer:
a. $(3,881)
Explanation:
Gain on sale of fixed assets is an income. To be included in the operating section of the cash flow statement, we need to deduct the gain. The disposal of the fixed assets will go to the investing section. As the gain of the sale of assets is already added to the net income in the income statement, it will be deducted to make the accounting procedure transparent. Therefore, <em>option A</em> is correct.
