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yulyashka [42]
3 years ago
12

Companies can and often do use different costing methods for financial reporting and tax reporting. An exception to this is the:

Business
1 answer:
nignag [31]3 years ago
7 0

Answer:

LIFO conformity rule.

Explanation:

LIFO refers to the Last in first out method. In this inventory system, the firm sells last units at first stage and then sells according to that

According to the given situation,  the LIFO conformity rule requires that the taxpayer follow the same inventory cost flow as used for tax reporting purposes in the financial statement.

Therefore the correct answer is LIFO conformity rule.

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Which of the following is true of first movers? a. The first mover cannot be able to establish brand loyalty. b. Being a first m
boyakko [2]

Answer:

The first mover that creates a revolutionary product is in a monopoly position.

Explanation:

First Mover is the big initiator of a new product, which gains a competitive 'first mover advantage' for being the pioneer of the idea in the market.

  • The first mover can be able to establish brand loyalty
  • Being a first mover doesn't guarantee instant success
  • The first mover can create switching costs for its customers to deter rivals.

The only apt statement is : The first mover that creates a revolutionary product is in a monopoly position. The first mover enters the market when there is no major supplier & the customer's demand is unmet. If it enables to leverage the potential huge unsatisfied market in a revolutionary way, it can be able to create unparalleled brand loyalty. And this can make it secure monopoly position in market

7 0
4 years ago
If you get equity funding for your business, what will you have to do?
cestrela7 [59]

Answer:

A pay back the investors with interest I believe

5 0
3 years ago
50 POINTS
ExtremeBDS [4]

A. Early Childhood Development.

8 0
3 years ago
Read 2 more answers
Define money and identify the different forms that it takes in the nation's money supply
viva [34]

Answer:

Money is defined as something that serves as a medium of exchange.

The money supply is the total amount of money available in an economy. It includes:

  • M1 includes coins and notes (bills) in circulation plus other money equivalents that are easily liquidated.
  • M2 includes M1 plus short term bank deposits and 24 hour money market funds.
  • M3 includes M2 plus long term bank deposits and money markets with more than 24 hour maturity.

8 0
3 years ago
Suppose that you just purchased 150 shares of XYZ stock for $60 per share. a. If the initial margin requirement is 71.00%, how m
Kisachek [45]

Answer:

$2,610

Explanation:

Calculation for how much money you must borrow.

Using this formula

Amount to be borrowed =( Purchased shares* Per share price*(Initial margin requirement percentage)

Let plug in the formula

Amount to be borrowed= 150 shares*$60 per shares *(1-0.71)

Amount to be borrowed=$9,000*(0.29)

Amount to be borrowed=$2,610

Therefore how much money you must borrow will be $2,610

5 0
3 years ago
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