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3 years ago

The inventory valuation method that results in the lowest taxable income in a period of inflation is:________

Business

1 answer:

makvit [3.9K]3 years ago

4 0

Answer:

Explanation:

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

Inflation refers to a persistent rise in general price levels.

In a period of inflation, cost of inventory keep rising. So, the most recently purchased inventory would have the highest price. The LIFO method would result in a higher cost of good sold and this depresses profit and also leads to a lower taxable income

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Matrix, a high-end manufacturer of men's cologne, charges high prices for its cologne because customers associate high prices wi

galben [10]

Answer:

symbolic/prestige pricing

Explanation:

Symbolic/prestige pricing occurs when consumers associate with goods based on how costly it is. If the princes of the goods are low it doesn't encourage buyers to make purchases as they seem to associate high prices with top quality.

This is why matrix charges high for its cologne. Therefore Symbolic/prestige pricing is the answer to the question.

8 0

4 years ago

The process involved in bringing oil to world markets can take years. Substitutes for oil-based products such as gasoline are li

Tasya [4]

Answer:

the supply of oil is very inelastic and the demand for gasoline is inelastic over short periods of time.

Explanation:

In Economics, there are primarily two (2) factors which affect the availability and the price at which goods and services are sold or provided, these are demand and supply.

The law of demand states that, the higher the demand for goods and services, the higher the price it would be sold all things being equal. On the other hand, law of supply states that the higher the price of goods and services, the lower the supply.

The process involved in bringing oil to world markets can take years. Substitutes for oil-based products such as gasoline are limited. As a result, the supply of oil is very inelastic and the demand for gasoline is inelastic over short periods of time.

5 0

3 years ago

Paul, a new hire in the traffic department of an advertising agency, has little confidence in his ability and believes he only g

joja [24]

Answer:

Letter d is correct. <em>Directive</em>.

Explanation:

The directive leadership style is one where there is a leader to advise on essential task requirements, goals, and expectations that should be met by an employee. This style of leadership is often used when there are new or inexperienced employees or when guidance is needed for more complex activities.

The advantages of management leadership are ease of learning, objectivity about organizational expectations, and compliance with compliance with organizational rules and regulations.

5 0

3 years ago

MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. 1) A T-bill quote sheet h

VashaNatasha [74]

Answer:

1) B

2) A

3) D

Explanation:

1) Discount yield(%) = Face value - Purchase value/Face value X 360/Maturity ( in days) X 100%

Discount yield (quote) = 5.11; Face value = $10,000; Let Purchase value = x; Maturity = 90 days

(5.11)% = $(10,000 - x)/$10,000 X 360/90 X 100%

5.11 = 400(10,000 - x)/10,000

x = 4,000,000 - 51100/400 = 3,948,900 = $9,872.25

3) Face value = $10,000; Purchase value = $9,850; Maturity = 120 days

Investor's bond equivalent yield(%) = $(10,000 - 9,850)10,000 X 360/120 X 100%

= 45/10 = 4.5%

4 0

3 years ago

You want to search for articles that discuss the role of nature in the poetry of Emily Dickinson. You're specifically interested

DENIUS [597]

Answer:

a.(bees OR flowers) AND dickinson

Explanation:

We defenitevily want Dickinson in our search as it is the writer we are interest on. Thus the statment should be and AND as an OR may leave it off the equation. and the system will look for bees or flowers from pretty much any writer. Dickinson is an exclusive factor.

Then, from the topoc of his poetry we look for bees or flowers at an equal interest. With findings of just one of these two concepts we are satisfied thereofre and OR statement is the way to go.

3 0

4 years ago