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Goryan [66]
3 years ago
9

In periods of rising prices when lifo is used, companies avoid reporting a ________ because a portion of the gross profit must b

e reinvested to purchase more expensive inventory items.
Business
1 answer:
Marysya12 [62]3 years ago
8 0
By the use of Lifo in a period where the prices rise, companies avoid to report paper profit, also called phantom profit, as economic gain. Have in mind that in periods of changing prices, the cost flow assumption can have a significant impact onincome and on evaluations based on income. That is why when Lifo is used the companies tend to <span>report the lowest net income </span>
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Katyanochek1 [597]

Answer:

identifying pricing constraints.

Explanation:

From the question we are informed about George and Arthurine Renfro decided who decided to start a family business in 1990 and market chowchow, a southern regional food, they had to determine how they would price the chowchow by examining the demand for the product (would people rather eat home-made or store-bought), the cost of getting the jars for bottling the chowchow, and how much it would cost to distribute the product to area stores. In other words, in this case, the Renfros had to begin the development of their pricing strategy by identifying pricing constraints. .

Pricing constraints can be regarded as

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3 years ago
According to hitler, to whom must propaganda be directed?
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The less educated masses
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You own a stock that you think will produce a return of 11 percent in a good economy and 3 percent in a poor economy. Given the
melamori03 [73]

Answer:

C) Expected return

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A really good return on investment for an active investor is 15% annually. It's aggressive, but it's achievable if you put in the time to look for bargains. You can double your buying power every six years if you make an average return on investment of 12% after taxes and inflation every year.

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The amount of the estimated average annual income for a proposed investment of $90,000 in a fixed asset, giving effect to deprec
san4es73 [151]

Answer: $6,325

Explanation:

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From the price perspective: <u><em>product price tends to fall or rise. </em></u>

As more competitors enter a market the price of the <u><em>product tends to fall</em></u> because the producers will look for a cheaper price than the prices existent for computer operating in order to capture more clients. But at the same time the already stablished producers will look for differentiation factors and will<u><em> increase the price of the systems. </em></u>

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3 years ago
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