Answer:
$32,000
Explanation:
Calculation to determine the before-tax LIFO liquidation profit or loss that the company would report
Before-tax LIFO liquidation profit =8,000 Units × ($12.00 per unit – $9.00 per unit) + (12,000 units-10,000units)× ($12.00 per unit – $8 per unit)
Before-tax LIFO liquidation profit =(8,000 units× $3 per unit)+(2,000 units ×$4 per unit)
Before-tax LIFO liquidation profit =$24,000+$8,000
Before-tax LIFO liquidation profit =$32,000
Therefore the before-tax LIFO liquidation profit or loss that the company would report in a disclosure note will be $32,000
Answer:
44.44%
Explanation:
Profit is obtained by subtracting cost from revenue.
I,e.,
Profit = revenue - cost.
In this case,
Profit = $135,000 - $75,000
Profit = $60,000
As a percentage of revenue
= $60,000/ $135,000 x 100
= 0.44444 x 100
= 44.44 %
The most appealing approach to diminish or take out the
effect of paying duties on sets imported to an organization's dispersion
distribution center in Europe-Africa is to raise the organization's offering
cost of footwear in Europe-Africa by everything of the tax and pass all tax
costs along to the buyers of the organization's footwear, this system has the
upside of totally taking out the organization's presentation to import taxes in
Europe-Africa.
Answer:
The statement is true.
Explanation:
Unit elastic is described as the demand or supply curve that is perfectly responsive to the changes in the price. In other words, the demand or the quality supplied will change or vary in accordance with the same percentage as the change in price.
The curve which has elasticity of 1 will be called as unit elastic.
Answer:
Kathy should seek quotes from various rental space providers.
Explanation:
Kathy should make a decision to rent of renovate the building based on cost. The major criteria for decision making is based on the monetary factors. Rent for the new space will be compared with the renovation cost in order to reach to a final decision.
