Answer:
B) the amount of gross margin is $16.75 if Hoover uses the weighted average cost flow method.
Explanation:
Weighted Average cost flow method= $ 41+ $ 45.5/2= 86.5/2=$ 43.25
Sales Price = $ 60
Less Unit Sold at $ 43.25
Gross Margin $ 16.75
Only option B is correct
Option A is incorrect because LIFO would assign $ 41 to ending inventory.
Option C is incorrect because FIFO would assign $ 41 to cost of goods sold
Option D is incorrect because LIFO would assign $ 44.4 to cost of goods sold.
Answer:
The answer is D. $1,830
Explanation:
FIFO means First in First out.
It is one of the inventory methods along with LIFO(Last in First out), average weighted cost and specific identification.
FIFO literally means the inventory bought first will be the first to be sold. Leaving the last inventories bought as the ending inventory.
In this question, Cost of Sales according to FIFO is:
250 units x $6 = $1,500
30 units at $11 = $330
Total =. $1,830
Therefore, the cost of sales under this method is $1,830
Answer:
the value of the firm to shareholders
Explanation:
The firm value to the shareholders means the value in terms of the capital invested in the firm by the shareholders and the firm income
In equation form
Firm value to the shareholders = Capital invested + firm income
Therefore the second option is correct
Hence, the same is to be considered
And all the other options are incorrect
We have all many types of etiquette. First, we have to know that etiquette is a custom, something we do in front people we meet every day. It is a manner or courtesy we need to do during social gathering or events.
Business etiquette consists of being transparent to its partners; financially, its history, goal and of course business performance.
Business CEO should also be treating their employees well, like giving them the salary they deserve according to business standing and skill of employees. Employers should also treat their employees like family, as the employees are the core part of the business. As they say, happy employees, are the good business outcome.
1. Thinking 2. Imagining 3. Writing it down