I could be either the price or the products
<span>I learned that when shopping for tires, it's good to keep an open mind and go with what you can afford, and get the best quality your dollar amount can purchase. It's best to go to several places that sell tires and get quotes on the tires, and if you can get the same tires for less, go with those. Hope this helped :) </span>
Answer:
<u>Annual rate of return which will be earned from today is 5.89%</u>
Explanation:
FV = PV (1+r)^n
r is int Rate per anum abd n is balance period
10000 = 6700 ( 1 + r)^n
10000 = 6700 ( 1 + r)^7
( 1 + r)^7 = 10000 / 6700
= 1.4925
1+r = 1.4925^(1/7)
= 1.0589
r = 1.0589- 1
= 0.0589 i.e 5.89%
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>
<span>Workers or departments that perform similar tasks may be grouped together in a Process layout.</span>
