I personally would choose Ice-cream taster, but judging from context you wrote in this specific question. This isnt something with a wrong answer but rather a personal question. I think you should be the one answering this because with the context that I see on what you wrote. This isnt something like an equation, if Im wrong, I mustve missed out on some context or Im not getting something right. Therefore, you should choose what you like on this since it looks like a personal question.
Answer:
The cost of the ending inventory under FIFO is $2,430 and under LIFO is $1,620
Explanation:
First determine the units sold
Units Sold = Total Purchases - Units in hand
= 1,410 units - 270 units
= 1,140
Note ; Wildhorse Co. uses a periodic inventory system. This means we calculate the cost at the end of the period.
FIFO
Means First in First Out
Cost of the ending inventory = 270 x $9.00 = $2,430
LIFO
Means Last in First Out
Cost of the ending inventory = 270 x $6.00 = $1,620
Conclusion
The cost of the ending inventory under FIFO is $2,430 and under LIFO is $1,620
Answer:
c. The firms reach the monopoly outcome.
Explanation:
The oligopoly is a market structure with a small number of competitors that have all of most if not all of the sales in an industry. According to Nash theory, the equilibrium is reached when each competitor is doing the best it can given what its competitors are doing and have no incentive to deviate (acting all together as a monopoly).
Answer:
E) 10.95%
Explanation:
Hi, in order to find the "g" or growth rate of this common stock, we need to solve the following equation.
Where:
P = Price
g = growth rate
r = market rate of return
Do = last dividend
So, we solve like this
And now we will have to work with its equivalent numbers
So, g = 10.95%
Best of luck.
the answer would be letter b
