Answer:
the entry to report this accounting change is in the attachment.
Explanation:
By moving from LIFO to FIFO, there's is going to be an increase in the value of inventory from of 30,000. That is $380,000 - $350,000.
The answer to this question is to make a journal entry. I have done this in the attachment.
Answer:
"The firm has high credit risk" is the correct answer.
Explanation:
- A Z-Score exceeding 2.99 indicates an organization becomes focused mostly on the economic projections throughout the safe space. Throughout the Grey Zone, a Z-Score among 1.8 as well as 2.99 means that there is indeed a reasonable possibility that the business will go bankrupt throughout the next 2 years.
- In the meantime, mostly in Distress Zone, just one Z-Score under 1.80 suggests a high likelihood of discomfort during this timeframe.
Answer:
For a rent of $400.00 = 100 units will be occupied;
For a rent of $404.00 = 100 unit will be occupied;
For a rent of $396.00 = 101 units will be occupied.
Explanation:
For a rent of $400.00 = 100 units will be occupied
For a rent of $404.00 = 100 unit will be occupied since 1 additional unit will be vacant.
For a rent of $396.00 = 101 units will be occupied.
∴ <em>The most adequate rent to be charged by the manger to maximize revenue is $396.00 since an additional unit will be occupied.</em>
Answer to this Question is
D) It's possible to score points in the wrong game.
Explanation:
Yes, its very much true that entrepreneurs build businesses from scratch, they build big empires by providing customers the most innovative products. They keep on finding the new solutions for the people's problems. Yes, while putting this handwork and changing the business and wold's landscape they put so much time, effort and energy that they get very less time for themselves that's why they cant give much time to their relationships and they have to loss them. That's why it is said that its just like scoring points in the wrong game.
True is the answer you're looking for