Answer:
We expect that the Pfizer has revealed $100 Million as benefit before charge utilizing LIFO strategy for bookkeeping.
After difference in stock valuation from LIFO to FIFO benefit before expense would be $115 Million. Increment in stock will diminish cost of merchandise sold and consequently benefit will increment to that surviving.
We have expected before announced benefit $100 Million
Include: Reduction in cost of merchandise sold $15 Million
Modified benefit $115 Million
Core advantage of the FIFO over LIFO is that the stock get esteemed shutting to current rate. In LIFO edges are get lower because of utilization of old costs. Under LIFO stock detailed at lower esteem coming about lower revealing of benefit. This defects in stock valuation get amended in FIFO technique for valuation.
Under FIFO stock record is lower when contrasted with LIFO.
Answer:
The check is written and signed by a payer
Explanation:
Checks are written by payers before any disbursement could be made, this must be strictly followed to enable smooth transaction and make such checks tenable in any bank.
Answer:
The first closing entry transfers credit balances in revenue ( and gain ) accounts to the income summary accounts.
Dec 31 Fees Earned $56,000 Dr
Income Summary $56,000 Cr
We bring account credit balances to zero by debiting them. The entry closes revenue accounts and leaves them with zero balances. The accounts are now ready to record revenues when they occur in the next period.
Answer: False
Explanation:
Mobile Visual Apps were made.more along the lines of linking different content from a single picture. For instance, a single picture of a logo could link the user to the social media pages, products and other content belonging to the owner of the logo.
The product described in the text above is ' Augmented Reality '.
Answer: Please refer to the explanation section
Explanation:
the question is incomplete, example in problem 6 in not provided , how ever the question is clear enough with regards to what is required we will explain the effects of migration in the united states economy.
Many Sectors in the economy of the united states, have benefited and continue to benefit from the immigration into the united states from mexico. When Mexicans migrate to the United states different sector benefit because of the expanded skilled and semi skilled workforce. Hospitality sector, construction sector, Business sector benefits from the migration of Mexicans to the united states even the government does benefit because more workers more tax collected. however there are costs associated with immigration for mexico and united states with mexico loosing skilled labour. The big winners in immigration are immigrants them selves.
Immigrants get access to quality services and their standard of living improves because of working and living in a developed country like The united states.
Immigration would increase rapidly if borders were open with no restrictions on immigration, an increased number of people migrating to the United State will end up creating more costs than benefits for the country. Unemployment rate will increase because there would more work than jobs available.
