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skelet666 [1.2K]
3 years ago
10

The three inventory costing methods will normally each yield different amounts of net income

Business
1 answer:
Komok [63]3 years ago
5 0

False due to the costing methods LIFO (last in first out), LILO ( last in last out), weighted average all yield the same amount

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Mateo wants to buy a new guitar and amp that will cost about $2,500. He works part time at a cafe and brings home around $500 pe
Phoenix [80]

The part of Mateo's goal that is missing in regards to buying the guitar in two months is the amount that is saved towards the goal.

<h3>What detail is missing?</h3>

The scenario painted talks about the amount that Mateo earns per week which is $500. Earning this amount, he should be able to purchase the guitar in 5 weeks if he devotes it all to the guitar.

He however says he can only buy the guitar in two months which means that the entire amount is not going towards the guitar. The missing detail is the amount that is saved every week.

Find out more on saving at brainly.com/question/341992.

7 0
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Variable expenses are defined as those that vary with changes in volume. Examples include
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Answer:

Electricity

Explanation:

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A consumer who is armed with information and is narrowing down his choices by comparing the pros and cons of each remaining opti
Bas_tet [7]
The answer to the question above is "evaluation of alternatives" which is the step when a consumer arms with information and narrows down his/her choices by comparing the pros and cons of each remaining option. There is several steps of consumers decision making process. This step is the third step in the process.
8 0
4 years ago
Which of the following is not a concern in using ratio analysis?a. We don't know an 'optimal' value for ratios..b. We cannot fin
Leviafan [203]

Answer:

<u>b. We cannot find adequate industry averages</u>

Explanation:

  • Ratio analysis is a process for determining also to interpret the relationship between the items of financial statements. It aims to provide a meaningful understanding of the position of the organization.
  • There are five basic types of ratios as the profitability, the liquidity, the activity, debt, and market thus its use for an intra and inter-firm comparison, useful in locating weaker areas, helpful in addressing the operating efficiency and simplifies accounting data.
3 0
3 years ago
Katlin Markets is debating between a levered and an unlevered capital structure. The all-equity capital structure would consist
Brilliant_brown [7]

Answer:

Explanation:

given data

all equity capital structure = 75,000 shares

debt and equity = 40,000 shares

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interest rate = 6.25 percent

to find out

break even level of earnings before interest and taxes ( EBIT )

solution

first we get interest that is

interest = $320,000 × 6.25 %

interest = $20000

so now we can say that break even level of earnings before interest and taxes between these 2 is express as

\frac{EBIT}{75000} = \frac{EBIT-20000}{40000}

solve it we get

EBIT = $42857.14

so correct option is e. $42,857.14

8 0
3 years ago
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