Answer:
FiFo method as prices are continuously increasing
Explanation:
Date Units Cost Per Unit Cost
June 1 150 units $ 1,040 6.93
June 10 200 units 1,560 7.8
June 15 200 units 1,680 8.4
June 28 150 units 1,320 8.8
$5,600
As the unit price is increasing the method which yields the highest gross profit would be FIFO.But in some cases the income is overstated as the beginning inventory is too old to account for . Similarly Lifo gives lower net income but that too is not very beneficial when the inventory is almost obsolete.
The average method gives a measure in between FIFO and LIFO.
I think C because a cartoon is not in real life so a DIGITAL DESIGNER needs to make these cartoons to be shown on television.
Hope this helps!!
Brainliest??
A company issued 115 shares of $100 par value
<span> Common stock value
= $12,500 </span>
Total
amount of paid-in capital = ?
Multiply
the shares with amount par value =
Amount of shares = 115 x 100 = $11,500
Total amount of paid-in capital = common stock
value - total amount of shares = $12,500 - $11,500
= $1000
So, total amount paid in capital is $1000.
Answer:
$100,000
Explanation:
If the individual transfers personal property to a tax-exempt entity and the corporation uses the asset in a similar way to its tax-exempt intent, the individual is entitled to subtract the property's fair value.
in this scenario, Maple Corp. has the right to deduct $100,000 (market value of painting) from his taxable income.
C
medical equipment is an essential material
