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Basile [38]
3 years ago
11

What’s the lifo method?

Business
1 answer:
gulaghasi [49]3 years ago
3 0
I hope this helps your question.

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According to Vroom's decision tree, as a leader what is the first factor that you should consider when deciding how much decisio
yan [13]

Answer:

Letter C is correct. Decision significance.

Explanation:

Decision significance should be the first factor a manager should consider when sharing decision making with employees. There needs to be an assessment of the quality of the decision, which is necessary for the risk to be kept to a minimum and to obtain positive results from the resource used (time, collaborators, information, projections) so that the decision making process is as effective as possible.

8 0
3 years ago
Ryan Olson organized a new company, MeToo, Inc. The company provides networking management services on social network sites. You
Shalnov [3]

Answer:

Ryan Olson

General Journal

a.

Cash $31,500 (debit)

Common Stock $31,500 (credit)

<em>Received Cash in Exchange of Common Stock</em>

b.

Cash $48,000 (debit)

Note Payable $48,000 (credit)

<em>Received Cash from Bank Loan</em>

c.

Prepaid Insurance $3,900 (debit)

Cash $3,900 (credit)

<em>Paid Fire Insurance Policy in advance</em>

d.

Furniture $31,800 (debit)

Account Payable $31,800 (credit)

<em>Purchased Furniture on credit</em>

e.

Advertising Expense $260(debit)

Cash $260 (credit)

<em>Paid Advertising Expenses</em>

f.

Cash $685 (debit)

Service Revenue $685 (credit)

<em>Received Cash from Service Rendered</em>

g.

Account Payable $31,800 (debit)

Cash $31,800 (credit)

<em>Made Payment to Furniture Supplier</em>

Explanation:

See the Journal Entries and Narrations that prepared above.

6 0
3 years ago
5 points eBookPrintItem 3 At the end of last year, the company's assets totaled $870,000 and its liabilities totaled $745,000. D
pishuonlain [190]

Answer:

$159,500

Explanation:

The computation of the ending stockholder equity at the current year is given below:

As we know that

Total assets = Total liabilities + stockholder equity

Now both are increased by some amount, so the ending stockholder equity at the current year is

= ($870,000 + $59,000) - ($745,000 + $24,500)

= ($929,000) - ($769,500)

= $159,500

3 0
3 years ago
Kumi, your coworker, has been working on his taxes for the last two months. If Kumi gets audited this year, he is likely to beli
zavuch27 [327]

Answer: external cause

Explanation:

Based on the information that's provided in the question, if Kumi gets audited this year, then he is likely to believe that the reason for the audit is due to an external cause, like the tax program that was used in the preparation of his taxes.

In such case, we can infer that the perception of Kumi is being influenced due to self-serving bias.

8 0
3 years ago
Suppose that disposable income, consumption, and saving in some country are $200 billion, $150 billion, and $50 billion, respect
mars1129 [50]

Answer:

The marginal propensity to consume is 0.7.

Explanation:

The marginal propensity to consume (MPC) is a measure to determine the increase in consumer spending as a result of increase in disposable income. The marginal propensity to consume can be calculated by dividing the change in consumer spending by the change in disposable income.

MPC = change in consumption / change in disposable income

Thus, MPC = 14 / 20  =  0.7 or 70%

4 0
3 years ago
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