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Thepotemich [5.8K]
3 years ago
10

When prices change during a period, a company can combine the principles of the retail LIFO method with the dollar-value LIFO me

thod to eliminate the effects of this price change. This combination is called:______
Business
1 answer:
Alex3 years ago
5 0

Answer:

Dollar value LIFO retail method

Explanation:

Dollar-Value LIFO aim to reduces the effect of the liquidation, allows companies to use FIFO internally and also reduces clerical costs.

Dollar value LIFO retail method are retailers way of getting or achieving the LIFO cost flow without monitoring individual units and this may lead to low liquidation of LIFO cost layers that could occur during tracking.

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Assume the initial present value of the payments on a lease are equal to the cost of the leased asset. This capital lease is rec
Whitepunk [10]

Answer: D) present value of the remaining lease payments.

Explanation:

When recording a capital lease in the balance sheet of the lessee, the amount recorded is the<em> lower amount </em>between the present value of the remaining lease payments or the cost of the leased asset.

As the <em>cost</em> of the leased asset is <em>equal</em> to the <em>initial</em> present value of the payments, the cost will therefore be higher than the current present value of the remaining payments so the appropriate amount to put in the balance sheet will be the current present value of the remaining lease payments.

4 0
3 years ago
You purchased a share of stock for $53. One year later you received $3.00 as dividend and sold the share for $52. Your holding-p
GalinKa [24]

Answer:

the holding period return is 3.77%

Explanation:

The computation of the holding period return is shown below:

Holding period return is

= (Income + (Selling price - Purchase price)) ÷ Purchase price

= ($3 + ($52 - $53)) ÷ 53

= 3.77%

Hence, the holding period return is 3.77%

We simply applied the above formula so that the correct value could come

And, the same is to be considered  

3 0
3 years ago
when you interpret the behavior of others according to your experiences and understanding of the world, your evaluation is.
Alla [95]
Your evaluation is Egocentric - limited to your own egoic perspective and without consideration of the experiences and understanding of others (which may be very different)
3 0
3 years ago
Read 2 more answers
Zero Corp's total common equity at the end of last year was $350,000 and its net income was $70,000. What was its ROE
Arturiano [62]

Answer:

ROE = 20%

Explanation:

Given:

Common equity = $350,000

Net income = $70,000

Find:

ROE

Computation:

ROE = [Net income/Common equity]100

ROE = [$70,000/$350,000]100

ROE = 20%

5 0
3 years ago
Forecasting drives all of the key business functions. Among the following cases, select the cases that are the least suited for
Svetach [21]

Answer:

(1). Demand of radically innovative new product

Explanation:

Forecasting refers to a decision making tool for planning and making estimates of future projections. This is usually achieved by relying on past events to determine future outcomes.

There are two forecast types, namely; judgment-based and quantitative.

The combination of the two types helps to get the best outcome as it aids to mitigate weaknesses.

7 0
3 years ago
Read 2 more answers
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