Answer:
D. Cost of goods sold will be lower and ending inventory will be higher
Explanation:
If the price are falling means that:
price at moment n > price at n+k
because n+k is into the future, their cost is lower.
Using LIFO, means the COGS will use the lower price, and the Inventory the highest.
While FIFO will be the opposite. COGS will use the higher price and the Inventory the lower price.
COGS lifo < COGS fifo
Inventory lifo > Inventory fifo
<u>Option D is the only one which satisfies this</u>
The purpose of applying for a patent is to protect the company's right to have the idea for yourself and not have people knock it off.
Answer:
The answer is a.
Explanation:
I can safely say that in order to have an exact value of an average of $ 700, it is because an initial survey had to be made of people in 50 condominiums that allowed finding several sample means and finally finding the total sample mean, this data allows determining an exact average of reliable values supplied by respondents in the sample.
Answer:
Instructions are listed below.
Explanation:
Giving the following information:
The selling price is $110 per crate, variable costs are $90 per crate, and fixed costs are $272,000 per year. In the year 2008, Florida Berry Basket sold 49,000 crate.
Sales= 110*49,000= 5,390,000
Variable costs= 4,410,000 (-)
Contribution margin= 980,000
Fixed costs= 272,000 (-)
Net operating income= 708,000
Answer:
D) 13%
Explanation:
Calculation for the percentage that is closest to the rate of return of investments
First step is to find the balance amount of the share price using this formula
Share price =(End of the year Share price + End of the year dividend)-Start of the year Share price
Let plug in the formula
Share price =($29.00+$0.56)-$26.20
Share price =$29.56-$26.20
Share price =$3.36
Second step is to find the rate of return of investments
Using this formula
Rate of return of investments= Share price/Start of the year Share price
Rate of return of investments
Let plug in the formula
Rate of return of investments=$3.36/$26.20
Rate of return of investments=0.13*100
Rate of return of investments=13%
Therefore the percentage that is closest to the rate of return of investments in companies with equal risk to The Busby Corporation for this perio will be 13%