I believe you are correct
Answer:
c. jasper has apparently decreased the volume of items in his ending inventory as compared to the number of items in his beginning inventory
Step-by-step explanation:
First In First Out FIFO is a type of inventory system in accounting, it literally implies that the oldest purchase goes out first when you made a sale. The oldest purchase are charged based on cost of good sold. If price are rising, :
FIFO will yield a lower cost of good sold
FIFO will yield a higher net income
FIFO will yield higher tax liability
FIFO will yield a higher inventory
From the information given:
the business records show that the cost of the stores inventory items has been steadily increasing. the cost of the end of the year inventory is 200,000 and the cost of the beginning of the year inventory was 250,000.
What the statement implies is that:
jasper has apparently decreased the volume of items in his ending inventory as compared to the number of items in his beginning inventory
Answer:
Step-by-step explanation:
Let numbers be x and y
<u>Then we have equations:</u>
<u>Comparing</u>
- 4y = y + 87
- 4y - y = 87
- 3y = 87
- y = 87/3
- y = 29
<u>Then, the larger number is</u>
Answer:
Step-by-step explanation:
We want to find the slope-intercept form of the equation that passes through the point (-2, 3) and is perpendicular to the line:
Note that this line has a slope of 1/4.
Recall that the slopes of perpendicular lines are negative reciprocals of each other.
Since the slope of our old line is 1/4, the slope of its perpendicular line must be -4.
We are also given that it passes through the point (-2, 3). So, we can consider using point-slope form:
Let (-2, 3) be (<em>x₁, y₁</em>) and substitute -4 for the slope <em>m</em>. Hence:
Convert into slope-intercept form. Simplify:
In conclusion, the perpendicular line that passes through the point (-2, 3) is given by:
