Answer:
b. False
Explanation:
LIFO stand for Last in First Out. This means LIFO inventory valuation is based on earlier goods purchased.
So, when costs are decreasing, they are affecting latter prices and this usually affect FIFO (First in First Out) not LIFO.
To determine the tax amount you multiply the gross pay and the tax percentage. In this case, you would multiply $35,600 by .16 which equals $5,696 for the federal tax year. Remember: to convert a percentage to a decimal number, move the decimal place 2 places to the left.
To start off a solid plan, without a plan you will never succeed especially when it cleans to business and making your own product, trying to make and sell something without a plan will guide that new idea straight to the ground
Answer:
$143.30
Explanation:
In order to determine the principal reduction payment, the monthly interest will need to be calculated. The interest will then be deducted from the total monthly payment to compute the principal reduction payment:
Annual Interest = $118,000 X 7/100
= $8,260
Monthly interest = $8,260/12
= $688.33
Principal reduction = $831.63 - $688.33
= $143.30
The easiest function available in MS Access to begin collecting data quickly is to use a pre-designed Template.
<h3>What is
pre-designed Template in MS Access?</h3>
Basically, the Ms Access is a database app that helps to store information for reference, reporting and analysis.
The pre-designed Template makes collection of data faster because the query, tables are already designed for instant use.
Hence, the Option B is correct since the easiest function available in MS Access to begin collecting data quickly is to use a pre-designed Template.
Read more about MS Access
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