Answer:
I know this answer ....
Explanation:
i give a hint to u- hydrogen
Answer:
NU company.
The reason LIFO and FIFO present 2 different valuation of inventory is because of the way inventory is expensed in either methods.
LIFO stands for Last in First out. Meaning the last stock to be received should be the first to be issued to production.
If it thus shows that our costs of inventory has been increasing over the period, the inventory expensed to cost of sales will be high while the inventory balance in the balance sheet low. And the reverse if the costs of new inventory purchases have been declining.
FIFO stands for First in First out. Meaning the first inventories receives must be exhausted before we move to the receipt after that, and on and on.
If it thus shows that our costs of inventory has been increasing over the period, the inventory expensed to cost of sales will be low while the inventory balance in the balance sheet high. And the reverse if the costs of new inventory purchases have been declining
Nu company Gross Profit
Net sales $2,950
Less costs of sales:
Cost of goods available for sale 2,350
Less inventory closing 920
Costs of sales 1,430
Gross profit $1,520
Gross Profit % = $1,520 / $2,950
= 52% (c)
Answer:
an adverse effect on the company's bottom line
Explanation:
Given that profitability means the company is making success in terms of sales, and low turnover means, the company is having a lower number of employees leaving the company over a specific period compared to the number of employees recruited.
Therefore, Good interpersonal communication skills can prevent negativity, confusion, conflict and
an adverse effect on the company's bottom line.
