Answer:
D £165,000
Explanation:
The computation of gross profit for the year using the first in first out (FIFO) method of inventory valuation is shown below:-
As we know that
Gross profit = Sales - the cost of goods sold
where
Sales is
= 500 units × £550
= £275,000
And, the cost of goods sold is
= 200 units × £250 + 300 units × £200
= £50,000 + £60,000
= £110,000
We considered only 500 units as these sold units are sold
And, this is a first in first out method so we pick the first date units only
So, the gross profit is
= £275,000 - £110,000
= £165,000
Answer: The correct answer is <u>"c. decrease in demand".</u>
Explanation: Complementary goods are all those products that depend on each other. That is, they are so closely linked that the behavior of one inevitably affects the behavior of the other.
The classic example of complementary goods is that of cars and gasoline. The sale of the former may be affected by an increase in the price of the latter; and, at the same time, the consumption of the second depends on the sale of the first.
Answer:
the expected return of a portfolio that has invested is 0.0625
Explanation:
The computation of the expected return of a portfolio is shown below;
= (0.32 × (6052 × (-0.01) + 5060 × 0.23 + 8047 × 0.2) + 0.68 × (6052 × 0.21 + 5060 × (-0.06) + 8047 × (-0.06))) ÷ (6052 + 5060 + 8047)
= 0.0625041808027559
= 0.0625
Hence, the expected return of a portfolio that has invested is 0.0625
Therefore the same should be considered and relevant
Answer:
True
Explanation:
It is True because net income is shown in the Balance sheet as a credit account as it increases the revenues and as a debit column in the Income Statement of the end-of-period spreadsheet.
This entry is reversed for the net loss. It would be shown as a debit column in the Balance Sheet ( indicating an expense/ a loss) and as a credit column in the income statement.
The net income is shown as a debit column in the Income Statement of the end-of-period spreadsheet indicating that the credits ( revenues) are more than the debits ( expenses) and we get the balance of the income after deducting the expenses from the revenues. It is entered above the debit totals.
Confidentiality
What is Confidentiality?
When it comes to sensitive information, confidentiality refers to the idea and practice of keeping it secret until the owner or data custodian explicitly consents to sharing it with another party. Another definition of confidentiality is the request to uphold the rule and custom.
Owners and custodians of sensitive data create policies defining the categories of information that require protection in order to preserve confidentiality. On the basis of it, they specify a number of procedures for the environments, tools, and people engaged in data handling and storage. These include educating and training staff members and the clients they serve, investing in and maintaining the buildings, equipment, and software where data resides and travels, tracking the movements of sensitive data, and planning and implementing data loss prevention (DLP).
Learn more about Confidentiality with the help of given link:-
brainly.com/question/16853444
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