1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
ArbitrLikvidat [17]
3 years ago
11

How does lifo work compared to fifo?

Business
1 answer:
-Dominant- [34]3 years ago
4 0
Fifo (first-in first-out) is like a super market line at the cash.  The person who arrives first will be out first.
      ===========
in-> |  |  |  |  |  |  |  |  -> out
     ============

Lifo (last-in last-out) is like the pile of dishes in a buffet restaurant.  Fresh dishes are pushed into the stack.  The last dish pushed in will be the first one to pop out when there is a customer needing a dish.
   ||============                       ||============
   ||  |  |  |  |  |  |  |       <-  in             ||  |  |  |  |  |  |  |  |  -> out   
   ||============                       ||============
You might be interested in
What is a tort? A. A breach of contract B. A legally-binding contract between two parties that includes consideration C. An agen
ElenaW [278]
I am positive it is D

Good luck!
6 0
3 years ago
Peng Company is considering an investment expected to generate an average net income after taxes of $3,300 for three years.
nikdorinn [45]

Answer:

3482.12

Explanation:

Net present value is the present value of after-tax cash flows from an investment less the amount invested.  

NPV can be calculated using a financial calculator  

Cash flow = net income + depreciation = 16,200 + 3300 = 35,700

($56,100 - $7500) / 3 = 16,200

Cash flow in year 0 = 56,100

cash flow in year 1 and 2 = 35700

cash flow in year 3 = 35,700 + 7500

i = 5%

NPV =

3 0
3 years ago
What rule is important to remember when evaluating risk and return? The higher the risk, the higher the potential return. The hi
andrew-mc [135]

Answer: The higher the risk, the higher the return.

Returns from an investment refers to the gains or losses over a specified period, and is quoted as percentage.  

Risk refers to the possibility or the chance that the actual return that is earned is greater than or less than the return expected by the investor. Thus, uncertainty is another name for risk.  

If the returns from an investment are certain, the risk involved is low. When risk is low, the returns are also low. For e.g. the return from a T-bill is low because the risk of default is zero, since the government can print money to fund its debt.  

The higher the level of risk involved, the greater the potential for a higher return.  

5 0
4 years ago
Read 2 more answers
Aaron is being introduced to his new workplace and coworkers. His boss tells him the names of people and departments, but she sa
Ipatiy [6.2K]

Answer: An Intuitive communication style

Explanation: Those that use the intuitive communication style prefer a more casual, common-sense based approach to communicating ideas. They want to understand the big-picture concepts and aren’t interested in getting too bogged down in the details of the idea. In many ways, intuitive communicators are the opposite of analytical communicators, who prefer to have all of the relevant details on hand when making a decision.

5 0
3 years ago
If you become nervous in an interview and lose your train of thought, you should _____.
Tresset [83]

Explanation:

pause and take a deep breath

6 0
3 years ago
Read 2 more answers
Other questions:
  • The opening balance of one of the billing cycles for Bonita's credit card was $912. If she makes a payment during the billing cy
    9·2 answers
  • Speaking each word in your head as you read is called?
    6·2 answers
  • Harold Manufacturing produces denim clothing. This year, it produced 5,260 denim jackets at a manufacturing cost of $42 each. Th
    10·1 answer
  • In the united states, the fractional reserve policy that governs commercial banking is controlled by the ______________.
    15·1 answer
  • Suppose that Brazil imports semiconductors from the United States. The free market price is $30.00 per semiconductor. If the tar
    7·1 answer
  • The process of gathering and evaluating information to determine whose interests should be emphasized throughout the project is
    14·1 answer
  • In addition to the UFMIP (up-front mortgage insurance premium), the owner-occupant borrower who decides to use an FHA mortgage l
    5·1 answer
  • PLEASE HELP!
    5·1 answer
  • A firm that wants to use social media to partner with its customers should.
    11·1 answer
  • bic, which is widely known for producing ballpoint pens and related writing products, tried to introduce bic disposable underwea
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!