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Nina [5.8K]
3 years ago
12

An advantage of the _____ costing method is that the cost of goods sold approximates its current cost.

Business
1 answer:
Komok [63]3 years ago
8 0

Answer:

weighted average

Explanation:

An advantage of the weighted average costing method is that the cost of goods sold approximates its current cost. This is mainly due to the fact that the cost of each unit is made equal to the same cost of all units that are currently available for sale during that extended period of business. Therefore approximating its total current cost.

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Suppose that the current federal funds rate is above the federal funds target rate. In order to lower the federal funds rate the
Mnenie [13.5K]

Answer:

purchase; increase.

Explanation:

Suppose that the current federal funds rate is above the federal funds target rate. In order to lower the federal funds rate the Fed will purchase securities on the open market which will increase the supply of reserves in the market for reserves, pushing the rate closer to the target rate.

3 0
3 years ago
M13-9 Inferring Financial Information Using the Current Ratio [LO 13-4] Mystic Laboratories reported total assets of $10,500,000
zaharov [31]

Answer: $6,410,000

Explanation:

The current ratio calculates the ability of a company to meet its short term liabilities.

A current ratio greater than 1 indicates that a company is more able to meet its short term obligations. Mystic Laboratories with a current ratio of 1.3 has a greater ability to meet its short term obligations.

Current ratio = current assets / current liabilities

Total assets = current assets + non current assets

$10,500,000 = current assets + $2,167,000

Current assets = $8,333,000

1.3 = $8,333,000 / current liabilities

Current liabilites = $6,410,000

I hope my answer helps you

7 0
3 years ago
XYZ Company operates on a remote interstate highway. It provides premium services to truckers en route to remote locations. It h
Ganezh [65]

Answer:

c. value proposition based on differentiation and a niche clientele that is willing to pay for added value.

Explanation:

Since in the question it is mentioned that XYZ company provides the premium service also they have various number of competitors that offered the customer at less prices but at the same time this company meet the customer demand having the high quality service so here the value should be proportioned that depend upon on the differentiation also it would be pay for adding the value

Hence, the option c is correct

3 0
3 years ago
Do you think all business within a country benefit when the economy grows
Mumz [18]

Answer:

Explanation:

Yes, because business pay taxes and there is less need to spend money on benefits such as unemployment benefit. Therefore economic growth helps to reduce government borrowing.

5 0
3 years ago
A new machine with a purchase price of $109,000, with transportation costs of $12,000, installation costs of $5,000, and special
Marta_Voda [28]
<span>The machine would have a cost basis of $80,000 - $86,000. All business owners must gain profit from the products that they sell by ensuring that their capital will be returned to them. Putting such costing price gives the owner the capital gains as well as earning back the expenses that he has shelled out in order to purchase the machine to be sold in the market. <span>
</span></span>
8 0
3 years ago
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