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dangina [55]
4 years ago
6

Identify two advantages of dollar-value lifo compared with unit lifo.

Business
1 answer:
Gnom [1K]4 years ago
6 0
Can you please explain more? :)
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Identify which of the arguments for restricting trade that each of the following rebuttals directs against. Rebuttals The Jobs A
Natali [406]

Answer:

(A) The gains of the consumers from buying imports at the low price subsidized by foreign governments would exceed the losses of domestic producers.

The Unfair-Competition Argument

(B) Companies may exaggerate the degree to which their products are essential to national defense in order to obtain protection from foreign competition at the expense of consumers.

The Protection-as-a-Bargaining-Chip Argument

(C) The country may be forced into deciding between implementing trade restrictions as threatened, which would make the society as a whole worse off, or backing down on its own threat, which would cause it to lose credibility in foreign affairs.

The Infant-Industry Argument

(D) Opening up to free trade may impose hardship on some workers in the short run, but it also creates jobs in industries in which the country has a comparative advantage and enables the country as a whole to enjoy a higher standard of living.

The Jobs Argument

Explanation:

6 0
3 years ago
the yellow company has a current ratio of 2.65 . The acid test ratio is 2.01 . The current liabilities of the are company $45,00
ivann1987 [24]

Answer:

Amount of inventory = $28,800

Explanation:

Given:

Current ratio = 2.65

Acid test ratio = 2.01

Current liabilities = $45,000

Prepaid expenses = $0

Find:

Amount of inventory

Computation:

Current ratio = Current assets / Current liabilities

2.65 = Current assets / 45,000

Current assets = $119,250

Acid test ratio = [Current assets - Inventory - Prepaid expenses] / Current liabilities

2.01 = [119,250 - Inventory - 0] / 45,000

90,450 =119,250 - Inventory

Amount of inventory = $28,800

5 0
3 years ago
What are some of the difficulties in measuring innate capacity and in measuring developed performance?
stira [4]

Answer:

Explained below.

Explanation:

There are some of the difficulties in measuring innate capacity and in measuring developed performance are as follows:

* Primarily we do not know precisely what innate abilities are or how to measure them so it is one of the difficulty while measuring innate capacities.

* And with the measurement of performance abilities, there is no single, all-inclusive performance criterion.

4 0
3 years ago
A company purchased 10 units for $5 on January 3. It purchased 10 units for $7 each on February 28. It sold 10 units on March 1.
NeTakaya

Answer:

The dollar amount for ending inventory using the last-in-first-out method of inventory valuation is $50

Explanation:

Using LIFO,last-in-first-out  method of inventory valuation,items received last into the store are deemed to be sold first, hence the sales of 10 units on March 1 was the inventory purchased on February 28, leaving the items of inventory purchased on January 3 as closing inventory

value of closing inventory using LIFO=10*$5=$50

3 0
3 years ago
An economy is experiencing a recessionary gap. The government can​ ______.
Jobisdone [24]

Answer:

Increase expenditure or cut taxes to increase aggregate demand.

Explanation:

A recessionary gap is a macroeconomic term which portrays an economy working at a level underneath its full-employment equilibrium. Under a recessionary gap condition, the degree of real gross domestic product (GDP) is lower than the degree of full employment, which puts descending pressure on prices over the long haul.

6 0
3 years ago
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