Answer:
First in, first out (FIFO)
Explanation:
In FIFO, the assets produced or acquired first are sold, used or disposed of first and may be used by an individual or a corporation. So , since the newer costs are more relevant , the oldest cost won't affect the ending valuation.
Answer: The correct answer is the current cost of the television.
Explanation: When insurance coverage is for replacement value it means that if the insured suffers a loss they will receive the cost to replace the item. In this case, the television was $1,200 when he purchased it six years ago. If the same television is $2,000 to replace it, then he will receive the $2,000, not the $1,200 that he originally paid for it.
Answer:
A) company HD pays less in Tax
Explanation:
Because interest is deducted before tax in income statement. Higher interest means less Earning before tax, and less amount of Tax be deducted.
HD and LD both have same Earning before interest and tax.
Let suppose both have EBIT of $1000,
Not HD has interest expense of 150, and LD has interest expense of $100
Now HD Earning before tax would be 850, and LD EBT would be 900.
Let's say tax is 40%
so,
HD tax would be 850*0.4=340
LD tax would be 900*0.4=360
So, HD pays higher interest, it benefit company in paying lower tax amount. bacause interest is tax saving.
HD saves $20 in this hypothetical example.
if i ever get artists block i ask myself what is the first word i think of when i think of the sky or the grass. i also read or write a short story.
Answer:
B. 115
Explanation:
The price index calculates changes in the prices paid by consumers for a basket of goods and services over a period.
Price index = (Cost of basket in a given year / cost of basket in the base year) × 100
230 / 200 = 1.15 × 100 = 115
I hope my answer helps you
