<span>FIFO (First in, First Out) reports higher gross profit and net income than the LIFO (Last In, First Out) method when prices are increasing. The FIFO method refers to an inventory system wherein the first items purchased are thought to be sold while the most recent purchases make up the ending inventory. On the other hand, the LIFO method assumes the opposite. The ones sold are the most recent purchases while the earlier purchases are included in the ending inventory. </span>
Answer:
9.63%
Explanation:
Calculation of Mutual Fund rate of return that the investor receive on the fund last year
Using this formula
Rate=(Fund's NAV -NAV per share +Income distributions+ Capital gain distributions )
Let plug in the formula
Where:
Fund's NAV =$19.14
NAV per share=$19.00
Income distributions=.57
Capital gain distributions =1.12
Hence
Rate =($19.14 - 19.00 + .57 + 1.12) / $19.00
=1.83/$19.00
=0.0963×100
Rate = 9.63%
Therefore without considering taxes and transactions costs, the rate of return that the investor receive on the fund last year will be 9.63%
I think the correct answer would be the first option. Deadweight losses occur when the quantity of an output produced is less than, but not when it is greater than, the competitive equilibrium quantity. It is also known as allocative inefficiency. It is a loss of efficiency that will happen when the equilibrium of a good is not reached or the supply and the demand of a good are not in equilibrium such that the quantity of the goods is less than the equilibrium quantity. It is a loss due to inefficient use of the resources available. Price controls, minimum wage and taxation are said to cause deadweight loss.
Answer:
False
Explanation:
It is 'Incremental cost allocation method' that ranks the individual users of a cost object in order of users most responsible for a common cost (the most responsible will be primary user) and then uses these rankings to allocate the costs among the users (incremental users).
Stand-alone cost allocation method allocates cost proportionately among all users based on a basis which relates to each users proportion of the total. For example the basis could be proportion of sales of responsibility centers to total sales of organization.
The PHS regulations about financial conflict of interest require INVESTIGATORS to disclose significant financial conflict of interest.
The PHS requires that for each proposal submitted to that agency, the principal investigator and any other person regardless of their positions and titles, who are responsible for the conduct and the design of the experiment should certify that appropriate significant financial disclosure has been made.
