Answer:
Cost of goods available for sale must be allocated at the end of the period between ending inventory and cost of goods sold.
Explanation:
Cost of goods available for sale can be described as the <u>maximum amount</u> of inventory, stock, or goods that is possible for a firm to sell during an accounting period. It is the maximum amount because it is not possible for a firm to sell more than the cost of goods available for sale.
The cost of goods available for sale is obtained by adding beginning inventory and net purchases during an accounting period. This can be stated as follows:
COGAFS = BI + NP ............................... (1)
Where;
COGAFS = Cost of goods available for sale
BI = Beginning inventory
NP = Net purchases
At the end of an accounting period, ending inventory is deducted from the cost of goods available for sale to obtain cost of goods sold as follows:
COGS = COGAFS - EI ............................ (2)
Where;
COGS = Cost of goods sold
COGAFS = Cost of goods available for sale
EI = Ending inventory
Rearranging equation (2) and solve for COGAFS, we have:
COGFAS = COGS + EI ........................... (3)
Equation (3) therefore implies that the correct option is "cost of goods available for sale must be allocated at the end of the period between ending inventory and cost of goods sold".
According to research studies, Students should consider <u>self-efficacy</u> when choosing a career, including reflecting on personal interests, talents, needs, and values.
<h3>What is Self-Efficacy?</h3>
Self-Efficacy is a psychological term used to describe individuals' ability to perform essential activities to achieve success in their given tasks or endeavor.
Before choosing a career, a student should also consider his capability to perform well in that choosing career. Otherwise, he might not enjoy the career or fail.
Hence, in this case, it is concluded that the correct answer is option A. Self-Efficacy
Learn more about choosing a career here: brainly.com/question/18432815
Answer:
b. mentor
Explanation:
Based on the information provided within the question it seems that you are acting as a mentor to the junior employees and the president has seen this. A mentor is a person who has vast experience in a field and acts as a guide and role model for those under his command. Which is why the junior employees gravitate towards you, because being the senior manager means you have years of experience and have a lot to teach them.
I hope this answered your question. If you have any more questions feel free to ask away at Brainly.
Credit limit refers to the maximum amount of credit a financial institution extends to a client through a line of credit as well as the maximum amount a credit card company allows a borrower to spend on a single card.
Hope this helps
Answer and Explanation:
The answer is attached below
