Answer:
Ending inventory= $5,040
Explanation:
Giving the following information:
Beginning Inventory= 1000 units for $7.20
Mar. 10: Purchase= 600 units for $7.25
Mar. 16: Purchase= 800 units for $7.30
Mar. 23: Purchase= 600 units for $7.35
Marvin sold 2,300 units.
Under the LIFO inventory method, the ending inventory cost is calculated using the first units incorporated to inventory.
Ending inventory in units= total units - units sold
Ending inventory in units= 3,000 - 2,300= 700 units
Ending inventory= 700*7.2= $5,040
A factory is any place where goods are produced or distributed or services are produced.
Answer:
The correct answer is letter "C": Every January, the stock market earns above-normal returns.
Explanation:
Inside the Efficient Market Hypothesis or EMH, we can find the term "weak from efficiency" that states past price action do not influence the current stock price or it is not useful in order to predict future price movements. According to the same concept, the use of technical analysis or the suggestions of financial advisers is useless.
In that sense, option letter "C" indicates that <em>every January the stock market earns an above-normal return</em>, which clearly reflects that there is a repeated pattern in the stocks affecting their price during that specific month, something impossible to take place according to what "weak from efficiency" establishes.
Answer:
depends on the disability
Explanation:
depending on what kind of disability they have, people with disabilities cant do certain things
Answer:
Hi there!
C. Debit Miscellaneous Expense $270; credit Cash $270.
Explanation:
At the time of the reimbursement from the petty cash, the vouchers for the money used are presented and these must be charged to the different expenses incurred.
In October 1, the journal entry for the petty cash increase of $54 will be:
Debit Petty Cash $54; credit cash $54.
