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-BARSIC- [3]
3 years ago
8

Which of the following inventory costing methods results in the lowest value of ending inventory during a period of rising inven

tory costs?
a. First - in, first - out
b. specific identification
c. weighted - average
d. last-in, first-out
Business
1 answer:
ziro4ka [17]3 years ago
4 0

Answer:

d

Explanation:

LIFO means last in first out. It means that it is the last purchased inventory that is the first to be sold.

If the LIFO method is used, the goods sold would be the more expensive ones while the ending inventory would consist of older inventories that are cheaper

For example, the following inventory were bought :

Jan 1 5 units of metals at $200

Jan 2 5 units of metals at $250

5 units are sold

If the LIFO method is used, the ending inventory would be the 5 units of metals purchased in jan 1 at $200

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creativ13 [48]

Answer:

The answer is letter A.

Explanation:

Determining salesperson targets and incentives is a preproduction service in a value chain that requires forecasts to gain customers in the value chain.

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3 years ago
In the _____ way of knowing things, people hold firmly to some belief because some respected official, agency, or source has sai
NeTakaya

Answer:

Letter B is correct.<u> Method of authotity.</u>

Explanation:

The method of acquiring knowledge by authority is one of the most widespread ways of obtaining knowledge in society. It is characterized as the implementation and learning of a new idea or belief because some authority figure affirmed a certain concept as true, which ensures greater reliability. and acceptance. As examples of authorities, we can mention: doctors, teachers, bosses, government, parents and others.

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3 years ago
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Answer:

GDP as Gross Domestic Product

Explanation:

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GDP states the monetary value of all the services and goods or products with the geographic borders of the nation over the particular period or time.

So, in this case, the aggregate value of all the goods and services by which the economic condition is assessed is referred to as GDP (Gross Domestic Product).

6 0
4 years ago
Short Company purchased land by paying $10,000 cash on the purchase date and agreeing to pay $10,000 for each of the next ten ye
romanna [79]

Answer:

(D) $71,446

Explanation:

we will calcualte the present value for an 11 payments  annuity-due (there is eleven payment of 10,000 if we count the one at purchase date) which couta is 10,000 discounted at 10%

C \times \frac{1-(1+r)^{-time} }{rate} (1 +r ) = PV\\

C 10,000

time 11

rate 0.1

10000 \times \frac{1-(1+0.1)^{-11} }{0.1} (1 + 0.10) = PV\\

PV $71,445.6711

rounding to the nearest dollars: 71,446

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One of the authors wanted to determine the effect of changing answers on​ multiple-choice tests. she studied the tests given by
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Read 2 more answers
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