<span>The policies of the government directly affect how people react to certain things. When the government supports and believes in alternative source of energy they will approve fundings and subsidies efforts that will help promote or make that policy effective and this was the case of the Obama Administration. Moving towards the ideal levels of lowering the dependance on fossil fuel is not only good for the American economy in terms of not having to import refined crude oil for the transport and aviation industry but it's good for the environment at large.</span>
Answer:
B. $300,000
Explanation:
The computation of the reduction of retained earning amount is shown below:
= Number of shares of common stock × stock dividend percentage × market value
= 1,000,000 shares × 6% × $5
= $300,000
Since the dividend amount is adjusted while computing the ending balance of retained earning balance and the same is to be considered in the computation part.
All other information which is given is not relevant. Hence, ignored it
Answer:
Cost of goods sold = 1,116
Ending inventory = 468
Explanation:
In LIFO (last in first out) method, the goods come in most recently will come out first when it comes to sales transaction. So, 21 units of sales during 2021 includes 12 units purchased at Sep.8 and 9 units of beginning balance:
Cost of goods sold during 2021 = 12 x 54 + 9 x 52 = 1,116.
Ending inventory value for 2021 = 1,584 - 1,116 = 468.
I believe the answer is Time management
