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vlada-n [284]
3 years ago
8

The selected inventory costing method impacts:________

Business
1 answer:
Alisiya [41]3 years ago
4 0

Answer:

The correct option is a) Gross profit and ending inventory.

Explanation:

The inventory technique is a method of accounting for calculating the value of an inventory. The approach calculates the ending inventory balance by comparing the inventory cost to the merchandise price.

There are three methods for valuing inventory whic are FIFO (First In, First Out), LIFO (Last In, First Out), and WAC (Weighted Average Cost) (Weighted Average Cost). The gross profit and ending inventory are affected differently by each of these costing methods.

This implies that the selected inventory costing method impacts gross profit and ending inventory.

Therefore, the correct option is a) Gross profit and ending inventory.

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A possible externality associated with the process of accumulating new capital is that: A. a reduction in labor productivity may
taurus [48]

Answer:

B. new production processes may be devised.

Explanation:

This means, the new capital in touch with the human innovation traits will generated ways to use this capital beyond their inventors knowledge. Giving the capital additional used. Assthis uses were discovered after the capital invention, are not included in the cost of the new capital therefore, are positive externalities of their.

Also, generally the labor productivity increases with new capital not decrease.

3 0
3 years ago
Does( making) a ebook cost money
SVEN [57.7K]
Usually it costs money to publish an ebook, but not to make one; unless you use a program that offers different upgrades to make the ebook better or to access certain things.
6 0
3 years ago
During the years 2015 through 2017, Question Query Inc., reported the following amounts of net income (in thousands of dollars):
slavikrds [6]

Answer:

The percentage change in net income was smaller in 2017 than 2016.

Explanation:

The percentage change in net income in 2016 was:

⇒ 150/120 -1 = 0.25 or 25%.

Whereas, the percentage change in net income in 2017 was:

⇒ 170/150 -1 = 0.1333 or 13.33%.

Hence, this statement is correct that percentage change in 2017 was 13.33% which was smaller than percentage change of 25% in 2016.

7 0
4 years ago
Read 2 more answers
Alice earner 32,756 annually ; 6.5% of her gross pay was withheld for state and local taxes. How much were her taxes ?
arlik [135]
32,756 * 6.5%
Taxes: 2,129.14
3 0
3 years ago
The sarbanes-oxley act created the ____ to protect the interests of investors and further"
UNO [17]

Answer:

federal laws

Explanation:

The sarbanes-oxley act is a Federal legislation that was passed in the US on 30th July 2002. to reform, protect the accounting and corporate financial sector which includes the interest of the investors. Note: an act consist of written laws and it is made by the legislative arm of the government.

4 0
4 years ago
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