Answer: All of the other answer choices are true.
Explanation:
FIFO simply refers to “First-In, First-Out” and the method assumes that the oldest goods that are in the inventory of a company have been sold first and therefore, the costs that are paid for them will be used for the calculation.
The following are true regarding the FIFO method:
• FIFO under a perpetual inventory system results in the same cost of goods sold as FIFO under a periodic inventory system.
• A company can choose to account for the flow of inventory using the FIFO method even if this doesn’t match the actual flow of its inventory.
• Perishable goods often follow an actual physical flow that is consistent with the FIFO method assumptions.
Therefore, the correct option is D as all are true.
Answer:
13.275%
Explanation:
Using Capital Asset Pricing Model we have,
Cost of equity = Risk free return + Beta (Market return - Risk free return)
Provided risk free rate of return = 4.8%
Beta = 1.13
Market rate of return = 12.3%
Therefore cost of equity = 4.8% + 1.13 (12.3 - 4.8)
= 4.8% + 8.475%
Therefore, Halestorm Corporation's cost of equity
= 13.275%
Answer:
This results from a shift in the supply curve. For example, there is a severe drought that decreases the production of oranges, and therefore, the production of orange juice. The supply curve of orange juice will shift to the left, decreasing the quantity supplied at every price level. This generally increases the price of orange juice and decreases the quantity.
Answer:
E. They will receive several tax deductions
Explanation:
Certain "reasonable and necessary" adoption related expenses are quantifiable for tax deductions, such as:
- Court costs
- Attorney's fees
- Traveling expenses related to the adoption
- Certain other costs directly related to the adoption process
Answer:
Molly may not recover damages.
Explanation: According to land act molly may not recover damages.
- Land law act is the body of law dealing with the right to exploit, alienate or exclude others from the land. In many countries, these forms of land are referred to as property or real estate, as distinct from personal property.
- Through statute, a landowner has the right to the lateral protection of neighboring properties.
- From the lands of your neighbors but your neighbors have the right to dig their land.
- The neighbor's weight was the primary cause of the damage caused by ...
