Answer:
$20 million
Explanation:
The computation of the ending inventory if FIFO is used
= LIFO reserve + Ending inventory based on LIFO inventory
= $3 million + $17 million
= $20 million
We simply added the LIFO reserve and LIFO ending inventory so that FIFO ending inventory can be computed. Hence, we take all the items for the computation part.
Answer:
trends, fashions, and tastes can change quickly.
Explanation:
Based on the information provided within the question it can be said that in a job role like the one that Victoria is in, the biggest complication is that trends, fashions, and tastes can change quickly. Due to the large impact that celebrities have on the world, one comment or action can immediately spark new trends and fashion senses around the world. This makes trying to predict the wants of customers very hard.
<span>Given that a
firm has return on assets (roa) of 15 percent, and debt-equity ratio of
60 percent.
Then, equity multiplier = 1 + Debt-equity ratio = 1 + 60/100 = 1 + 0.6 = 1.6
Return on equity (roe) is given by return on asset multiplied by the equity multiplier.
Therefore, the firm's return on equity is 1.6 x 0.15 = 0.24 = 24%.
</span>
Answer:
40 persons
Explanation:
Given:
Total cost of trip = $560
Number of people Decide not to go = 5 people
raise cost = $2
Assume:
Number of people wants to go = a
Cost per person = b
So, a x b = $560 , b= 560/a
After people decided not to go ,
Total number of people = (a-5)
New cost = (b+2)
So , total cost = (a-5)(b+2) = $560
ab +2a -5b -10 = 560 , where ab = $560
2a -5b = 10
2a -5b = 10
By putthing value of b
2a - 5 (560/a) = 10
2a - (2800 / a) = 10
2a² - 2800 = 10a
2a² -10a - 2800 = 0
a= 40
Total 40 persons wants to go.
The 24 statements is that your list and brief statement explains the five activities for what a purchasing department normally has for responsibility.
