The number of additional items that Belle Co. purchased is equal to 27. That is, 7 + 8 + 12 which is equal to 27. The concept of LIFO is "Last In First Out" which means that the ones that has been purchased last should be dispensed off first.
The company sold 31 units. 27 of this is already the newly purchased ones and 4 came from the beginning inventory leaving the number of items to only 8 sets of paint for $1.5.
The cost of the ending inventory is,
I = 8($1.5) = $12
The answer is letter C. $12.00.
Dude above me imported a good file answer his
Answer:
Net income: $
Revenue 140,000
Expenses (50,000)
Dividend paid <u> (70,000)</u>
Net income <u> </u><u>20,000</u><u> </u>
Net income is the amount of increase in stockholders' equity.
Explanation:
Net income is the excess of revenue over expenses and dividend. A positive net income increases the stockholders' equity. Common stockholders are legal owners of a company, thus, any income not distributed as dividend increases their equity.
Answer:
<u>Sustainable</u>
Explanation:
Sustainable development in simple terms refers to the development which can be sustained or carried forward for a long period of time.
It refers to satisfying and meeting the needs of the current generation without jeopardizing the needs and resource availability for the future generations.
Economic development refers to the rise in per capita income while sustainable development incorporates economic as well as human development.
Such development aims at judicious usage of resources , equitable distribution of resources and reduction in wastage.
I believe that it’s C
ANSWER =C
