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podryga [215]
3 years ago
8

The specific identification method of inventory costing may enable management to manipulate net income. always minimizes a compa

ny's net income. has no effect on a company's net income. always maximizes a company's net income.
Business
1 answer:
Effectus [21]3 years ago
4 0

Answer: May enable management to manipulate net income

Explanation:

The Specific Identification method does in fact allow for some manipulation most especially when there are items that are identical but yet are not of the same cost.

To most customers, the items will be the same and therefore the retailer or management could just report selling an item of higher cost in order to lower paper profit and by extension net income.

If you need further clarification do react or comment.

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On Kyle Thomason’s $400,000.00 loan, the lender charges a 2-point service charge. In this situation, how much will Kyle have to
bearhunter [10]

Answer:

The answer is C

Explanation:

This is an interest expense.

In accounting, the rule is as follows:

Debit side increases asset and expenses while credit side decreases liability, shareholders' equity and sales or revenue.

Credit side decreases asset and expenses while credit side increases liability, shareholders' equity and sales or revenue.

2 points on $400,000 means the interest charge is 2 percent on $400,000.

So we have 0.02 x $400,000

$8,000.

It will be a debit side because it is an increase in expense.

6 0
3 years ago
Read 2 more answers
In the context of a database marketing campaign, _______ tells a business how much it should spend to maintain a relationship.
Murrr4er [49]

The Customer lifetime value helps to inform a business on how much it should spend to maintain a relationship in database marketing campaign.

<h3>What is a Customer lifetime value?</h3>

A customer lifetime value refers to a ratio that tells about the total revenue that a business can reasonably expect from a single customer.

Hence, the customer lifetime value helps the firm to know valuable customers which allows to know who to treat most importantly

Therefore, the Option C is correct

Read more about customer lifetime value

<em>brainly.com/question/26483324</em>

8 0
2 years ago
Which one of the following statements concerning interest rates is correct?a. Savers would prefer annual compounding over a mont
ryzh [129]

Answer:

The correct answer is letter "C": The effective annual rate equals the annual percentage rate when interest is compounded annually.

Explanation:

Interest Rate is the cost of borrowing money, expressed as a percentage of the loan amount. Interest rates are the primary yardsticks for measuring how much return lenders will get.

The effective annual interest rate is a way of restating the annual interest rate so that it takes into account the effects of compounding. Using the effective annual interest rate helps us understand how differently a loan or investment performs if it compounds annually, semiannually, monthly, or in any other time frame. If compounded annually, the effective interest rate equals the annual percentage rate.

8 0
3 years ago
The amount of tattling has suddenly increased in the school-age group at the day care facility where you work. Staff and childre
MissTica
The best theory which could be used in telling us why there is more and more tattling in the school-age group would most likely be either behavioral or cognitive - so A or B. However, it's most likely that the correct answer would be A as behavioral theories of behavior seem to be more effective for discovering such things. 
7 0
3 years ago
Statement 1: The onset of 5% inflation means that your receipt of a $100 interest payment allows you to purchase only $95 worth
Nimfa-mama [501]

Answer:

A. 1 and 4 are true

Explanation:

Statement 1: When inflation goes up the market prices of goods increase and reduces buying power of customer. So, if you get $100 even after 5% inflation, you would get $95 worth good.

Statement 2: It is commonly known as, the higher the risk the higher the gain. So, risk premium and risk exhibited by security is directly related with each other.

Statement 3: Since, risk free rate is the compensation for time value of money, that is why it can’t make real risk-free rate negative because real risk rate is there, but inflation can go higher than risk free rate.

Statement 4: Maturity payment is paid to investors or savers after certain period of time along with principal amount.

Hence, A. 1 and 4 are true

6 0
3 years ago
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