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Free_Kalibri [48]
3 years ago
15

"in a period of rising prices, the inventory method which tends to give the highest reported costs of goods sold is"

Business
1 answer:
kkurt [141]3 years ago
5 0
Inflation............
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logan asks his friends, family, teachers and coaches if they know anybody who can tell him more about a career in which he is in
kondor19780726 [428]
Well,  it matters what career he wants.  If it involves his family friends and coach,  them he  should ask them.
7 0
3 years ago
Read 2 more answers
Match the items below by entering the appropriate code letter in the space provided. Plant assets Book value Salvage value Strai
disa [49]

Answer:

1. Small expenditures which primarily benefit the current period. REVENUE EXPENDITURES

2. Cost less accumulated depreciation. BOOK VALUE

3. An accelerated depreciation method used for financial statement purposes. DOUBLE DECLINING BALANCE METHOD

4. Tangible resources that are used in operations and are not intended for resale. PLANT ASSETS

5. Equal amount of depreciation each period. STRAIGHT LINE METHOD

6. Expected cash value of the asset at the end of its useful life. SALVAGE VALUE

7. Process of allocating the cost of equipment over its service life. DEPRECIATION

8. Material expenditures that increase an asset's operating efficiency, productive capacity, or useful life CAPITAL EXPENDITURES

9. An accelerated depreciation method used for tax purposes. MACRS

10. Useful life is expressed in terms of units of production or expected use. UNITS OF ACTIVITY METHOD

Explanation:

7 0
3 years ago
Which of the following describes a public
Oksana_A [137]
D is correct. Jorge is the only one who is actually an accountant, and he works for a nonprofit, which is set to benefit the public.
4 0
1 year ago
Advice from most financial advisers states to spend no more than 28% of one's gross monthly income for one's mortgage payment, a
meriva

Answer and Explanation:

The computation is shown below:

a. For the maximum amount that spend each month on mortgage payment is

= Gross annual income ÷ total number of months in a year × mortgage payment percentage

= $39,600 ÷ 12 months × 28%

= $924

b. . For the maximum amount that spend each month on total credit obligatons

= Gross annual income ÷ total number of months in a year × mortgage payment percentage

= $39,600 ÷ 12 months × 36%

= $1,188

c. Now the maximum amount spend for all other debt is

For monthly mortgage

= $924 × 70%

= $646.8

And, for mortgage debt

= $1,188 × 70%

= $831.60

7 0
4 years ago
According to your text, sales promotions such as free samples and point-of-purchase displays are designed to build.
yarga [219]

According to your text, sales promotions such as free samples and point-of-purchase displays are designed to build. are called "Short-Term sales."

<h3>What is short term sales?</h3>

An property or stock that the seller doesn't own is sold in a short sale. The typical transaction involves an investor selling borrowed securities in expectation of a decrease in price; the seller is then obligated to deliver the same number of shares at a later date. A seller, on the other hand, holds a long position in the stock or asset.

Some characteristics of short term sales are-

  • A stock that its an investor believes will lose value in the near future is sold short.
  • A trader borrows shares on margin for a set length of time to complete a short sale, selling the stock when the price is attained or the period of time has passed.
  • Because short sells restrict gains while amplifying losses, they are regarded as dangerous trading techniques. Additionally, they come with regulatory hazards.
  • To be successful, short sales need to be timed almost perfectly.

To know more about short-term investment, here

brainly.com/question/7905571

#SPJ4

6 0
2 years ago
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