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Olin [163]
3 years ago
6

Which cost flow assumption generally results in the highest reported amount for ending inventory when inventory costs are rising

Business
1 answer:
Sergio [31]3 years ago
8 0

Answer:

FIFO method (first in, first out)

Explanation:

When inventory costs are increasing, the FIFO method (first in, first out) results in the lowest cost of goods sold, which in turn result in the highest ending inventory value. On the other hand, the LIFO method (last in, first out) results in the highest cost of goods sold and the lowest ending inventory value. Goods purchased last will have a higher cost since  the price of the merchandise increased during the year.

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Each company must divide up the total market, choose the best segments, and design strategies for profitably serving chosen segm
Veseljchak [2.6K]

The correct choice from the given options is <u>"market targeting".</u>


When we have segmented the market, by isolating it up into little sections. Presently, we should focus on those segments we can serve most proficiently and successfully: Market Targeting. This is the second step of setting up a showcasing technique.  

In surveying market segments, a firm ought to think about three factors. These are:  

The segment size and growth

The segment structural attractiveness

The company objectives and resources.  

With a specific end goal to assess segments, the organization needs to gather and break down significant information first. This information may incorporate data on current portion deals, development rates and foreseen profitability of segments.

3 0
3 years ago
Suppose that the European Union is now experiencing a recession. Its actual real GDP is €200 billion, and the estimate of its po
jek_recluse [69]

Answer and Explanation:

As per the data given in the question,

The central bank have various tools to apply expansionary policy and these tools are :

- Reserve ratio.

- Discount rate.

- Open market operations.

The open market operations include the buying and selling of government owned securities by central bank to impact the monetary base in the economy. In case of any recession, the central bank should purchase government securities to enhance the money supply. Because whenever they do any kind of open market purchase there would definitely be increase in money in the economy. That's why increment in money supply decrease the interest rate in economy.

Nominal interest rate is the cost of borrowing so if there is decrement in interest rate, there would be consumption and investment activities. these both are the component of aggregate demand so the aggregate demand will increase, and this increment in aggregate demand helps the economy to recover in the situation of recession.

6 0
3 years ago
Caren's Canoes is considering relaxing its credit standards to encourage more sales. As a result, sales are expected to increase
tamaranim1 [39]

Answer:

$ 1733

Explanation:

Cost Marginal Investment in Accounts Receivable = Marginal Investment in Accounts Receivable * firm's required return on investment

Marginal Investment in Accounts Receivable = Average Investments Under proposed Plan - Average Investments Under present Plans

Average Investments in Accounts Receivable = Total variable cost of annual sales / Turn over of account receivables

Turn Over of account receivables = 360/ average collection period.

Using above formula for calculation , Answer = $ 8665 * 20% = $ 1733

5 0
4 years ago
Select the example that is inconsistent with the provisions of the UCC for contract remedies for a seller's breach of contract.
den301095 [7]

The example that is inconsistent with the provisions of the UCC for contract remedies for a seller's breach of contract is:

b.) A toy company sells a defective rocket launcher that injures a young boy. The sales contract excludes responsibility for all consequential damages related to the sale of its products, so the company only agrees to refund the cost of the defective toy.

<h3>What is UCC for contract remedies for a seller's breach of contract?</h3>

Consumers have up to six years to raise concerns relating to breach of contract, even though the goods under the contract may not last up to this period.  Therefore, the provision by the appliance manufacturer that buyers have a maximum of six months to raise concerns is inconsistent with the Uniform Commercial Code (UCC).  The code sets the same comprehensive laws for all commercial activities in the US.

Thus, option "C" is correct.

To learn more about UCC  click here:

brainly.com/question/13640672

#SPJ1

8 0
2 years ago
_____ is a financial asset that cannot be directly used as a medium of exchange but can be readily converted into cash or checka
shusha [124]

Answer: The correct answer is "near moneys".

Explanation: <u>near money is a financial asset that cannot be directly used as a medium of exchange but can be readily converted into cash or checkable bank deposits.</u>

It is a term that in finance is used to refer to an asset that despite not being usable money as a medium of exchange, has a high degree of liquidity, that is, it has the facility to quickly become cash.

3 0
3 years ago
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