The inventory valuation method that identifies each item in ending inventory with a specific purchase and invoice is the: Weighted average inventory method.
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What is Weighted average inventory method?</h3>
The COGS and inventory amounts are determined using a weighted average in the Weighted Average Cost (WAC) technique of inventory valuation in accounting. The weighted average cost method divides the price of the items up for grabs by the quantity of them. Under IFRS accounting as well as GAAP, the WAC approach is acceptable. Beginning inventory value plus acquisitions are used to compute costs of products that are offered for sale.
The number of units a business can sell, or the total number of units in inventory, is determined by adding the beginning inventory in units plus the purchases in units.
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If I am planning a local art festival, and the money available for the promotion of the event is low, what I will do is that I will create awareness about the program on the internet using social media. Social media will allow me to advertise the event at no cost at all and will allow the advertisement to reach a good number of people who live at the region where the event will take place.
In general, when a corporation is to be created, it gets its charter from <u>the state government. </u>
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Corporations:
- Get their charter from a state government
- Are bound by the laws of the state in which they are registered
The powers that state governments have in the United States include being able to license corporations and when they do this, that corporation is bound by their laws.
Corporations would therefore usually look for states with more lenient laws.
In conclusion, corporate charters come from the state government.
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Answer:
1. structural unemployment
Explanation:
Structural unemployment is a form of unemployment that occurs when there's a mismatch between labour's skills and the available jobs. It occurs as a result of technological change.
Anna is unemployed because she can't get a job in her field. Therefore she's structurally unemployed.
Frictional unemployment occurs between the time labour leaves his current employment and the time he finds another one.
Cyclical unemployment is when employment level changes with the business cycle. It rises during a downturn and falls during a upturn.
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Answer:
See the explanation below.
Explanation:
The court likely to rule in favor of Ewing.
The reason is that the enough consideration that gives backing to a promise in this case is generally the waiver of a legal right to eat to obesity as requested by the other party.
The evidence that Ewing has lost 154 pounds in weight over the stipulated period is a consideration that sufficient enough under the law. The payment of $10 pound that Ewing has lost is a promise. The fact that Ewing also benefit from the weight loss does not matter.
