Consumers make that affect the decisions of the suppliers.
Answer:
1) FIFO method
2) LIFO method
Explanation:
1) The cost flow method which would result in the highest inventory amount for the balance sheet is the FIFO method because in this method the inventory which is bought first is expensed first as cost of goods sold and the inventory bought later is still considered as part of the inventory, because prices increase over time, and inventory which is bought later is more expensive, using the FIFO method would result in the highest amount of inventory because the inventory purchased later would be more expensive.
2) The cost flow method which would result in the highest cost of goods sold would be the LIFO method because in this method the inventory which is bought the last is expensed first as cost of goods and sold and because inventory bought later is more expensive, by using this method the cost of goods sold will have a higher value.
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Answer:
$4,565.22
; $5,434.78
Explanation:
Weight of X be “W” and Weight of Y be “1 - W”
Expected return = (Stock X × Weight of X) + (Stock Y × Weight of Y)
10.85% = (12.1% × W) + [9.8% × (1 - W)]
10.85% = (12.1% × W) + 9.8% - (9.8% × W)
2.3% × W = 1.05%
W = 45.6522%
Therefore, 1 - W = 54.3478%
Investment in Stock X = 10,000 × 45.6522%
= $4,565.22
Investment in Stock Y = 10,000 - 4,565.22
= $5,434.78
The European union and the World trade organization have trade policy as common.
<u>Explanation:
</u>
World Trade Organization (WTO) comprises governments and border control territories that establish, implement, and enforce international trade rules. European Union and the individual EU Member States are members of WTO.
To make sure that rules-based global trade process, the WTO is involved. Despite the deadlock in negotiations, ways are being examined to upgrade WTO rules and tackle new international challenges.
New developments in the WTO trade rules have been brought about by the coming into effect of the Trading Facilitation Agreement in February 2017. Parliament passes legislation in conjunction with the Council under the Treaty of Lisbon and has a major accountability role on global trade policy.
