1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
grin007 [14]
3 years ago
13

When merchandise sold is assumed to be in the order in which the purchases were made, the company is using a.last-in, first-out

b.average cost c.first-in, last-out d.first-in, first-out
Business
1 answer:
klasskru [66]3 years ago
6 0

Answer:

The correct answer is letter "D": first-in, first-out.

Explanation:

A business using the first-in, first-out (FIFO) inventory valuation approach must sell, use or dispose first of all the products it produced or acquired. According to the FIFO process, the most recent assets purchased or generated are those that remain in inventory. Older stock is first removed from inventory.

You might be interested in
Aluminum maker Alcoa has a beta of about 2.00​, whereas Hormel Foods has a beta of 0.45. If the expected excess return of the ma
drek231 [11]

Answer:

Part A:

Alcoa has higher expected return hence has a higher equity cost of​ capital.

Part B:

Capital cost higher=0.0775=7.75% higher

Explanation:

Part A:

Those stocks whose beta is higher has higher expected return because the risk is higher in these stocks. Since Alcoa has beta value value of 2.00 which is higher than Hormel foods having beta 0.45, it means Alcoa has higher expected return hence has a higher equity cost of​ capital.

Part B:

Difference in beta= Beta of Alcoa-Beta of Hormel

Difference in beta=2-0.45

Difference in beta=1.55

Capital cost higher=Difference in beta*Excess return

Capital cost higher=1.55*5%

Capital cost higher=1.55*0.05

Capital cost higher=0.0775=7.75% higher

7 0
3 years ago
You have just been hired as a financial analyst for Barrington Industries. Unfortunately, company headquarters (where all of the
Andru [333]

Answer:

The ending cash balance is $40,000

Explanation:

Kindly check attached picture for detailed explanation on Cash Flow statement

6 0
3 years ago
Read 2 more answers
The price at which a perfectly competitive firm sells its product is determined by_____________.
4vir4ik [10]

Answer:

b

Explanation:

to start a business you have to see what's on demand

7 0
3 years ago
Benny is the manager of an office-support business that supplies copying, binding, and other services for local companies. He mu
8090 [49]

Answer:

Machine one cost:

= Fixed cost + Variable cost

The Fixed cost is the lease cost and the variable cost is the cost per page copied. The number of pages is 105,000 and the cost per page for machine 1 is $0.030

= 619 + (0.030 * 105,000)

= $3,769 monthly

Machine two cost:

= 675 + (0.028 * 105,000)

= $3,615 monthly

3 0
3 years ago
being a production team manager requires two sets of skills: managerial skills and -______? A)people skills, B)organizational de
Karo-lina-s [1.5K]
The answer is A hope that helped
7 0
3 years ago
Other questions:
  • Preferences are characterized generally by: A. income. B. consumption bundles. C. indifference curves. D. budget constraints.
    15·1 answer
  • Barton and Fallows form a partnership by combining the assets of their separate businesses. Barton contributes accounts receivab
    12·1 answer
  • Superior Construction Co. was contracted to plaster all the buildings of a historical preservation project for $2,500,000 over t
    14·1 answer
  • In 1970 Professor Fellswoop earned $12,000; in 1980 he earned $24,000; and in 1990 he earned $36,000. If the CPI was 40 in 1970,
    9·1 answer
  • What is a market segment?
    12·2 answers
  • Please label each scenario below as to whether or not the person is acting rationally, making choices leading to the outcome the
    14·1 answer
  • Why do most economists believe that it is important for a country’s central bank be independent of the rest of the country’s cen
    8·1 answer
  • The R&D department at Parabola Inc. is developing innovative methods to develop products that would reduce resource wastage.
    9·1 answer
  • Markel how your day it good
    8·1 answer
  • How might a business learn about a proposed process improvement through a prototyping activity? What is the fundamental purpose
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!