They are both correct in this scenario. There are many ways that the oil can be distributed depending on how the company delivers the oil and systems. Engines are built differently depending on the specific needs, vehicles, operating systems.
Answer:
In periods of inflation, LIFO will result in the lowest reported net income, and therefore a company will pay less in federal income taxes ⇒ TRUE STATEMENT
Explanation:
Last in, first out (LIFO) uses the price of the last units purchased in order to determine the cost of goods sold. When inflation is high, prices tend to increase continuously, therefore, the price of the last units purchased will always be higher than the price of the first units purchased. This doesn't mean that exactly the last units purchased will be the ones sold, it is just an accounting method.
Answer:
C) $27.75
Explanation:
Earnings:
2.00 x 20% = 0.4 (2.00 + 0.40 = 2.40)
2.40 x 20% = 0.48 (2.40 + 0.48 = 2.88)
2.88 x 20% = 0.576 (2.88 + 0.576 = 3.456)
3.46 x 10% = 0.346 (3.46 + 0.346 = 3.806)
3.80 x 10% = 0.38 (3.80 + 0.38 = 4.18)
Dividends:
3.46 x 50% = 1.73
3.80 x 50 % = 1.90
4.18 x 75% = 3.135 ( 50% + 25% = 75%)
P0 = 1.73/[(1.12)^4] + 1.90/[(1.12)^5] + (3.14/(0.12 - 0.05))/1.125
= 27.63
Therefore, If Bean's equity cost of capital is 12%, then the price of a share of Bean's stock is closest to $27.75
I guess the correct answer is the color of the decorations in the room
A group of researchers wanted to determine if people will eat more food in a room with red paint and red decorations than in a room that is decorated blue. Half the participants in this study ate in a red room and half ate in a blue room. The researchers then measured how much food was consumed in each of the two rooms. In this study, the independent variable was the color of the decorations in the room.
