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Bumek [7]
3 years ago
7

It is generally recognized that a major objective of accounting for inventory is the proper determination of

Business
1 answer:
ZanzabumX [31]3 years ago
4 0

Answer:

Net income

Explanation:

The main objective of an accounting with respect to the inventories is determining of an income via the matching principle where the revenues are matched with the expenses incurred

So as per the given situation, the net income should be considered and relevant

Therefore it is to be correct term that should be used here

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Variable outcome probability price 1,500 0.3 350 0.7 yield (ton) 11 0.55 4 0.45 cost ($) 3500 0.25 7500 0.75 what is the net ret
Helga [31]

Variable outcome probability price 1,500 0.3 350 0.7 yield (ton) 11 0.55 4 0.45 cost ($) 3500 0.25 7500 0.75 0.412588 is the net return if price =350, yield = 11 and cost = 7,500

<h3>What is net return?</h3>

The overall rate of return on an investment before any fees, commissions, or expenses is known as the gross rate of return. A month, quarter, or year is used as the unit of measurement for the gross rate of return. In comparison, the net rate of return provides a more accurate assessment of return by excluding fees and costs.

A gross rate of return is the return on an investment before any costs or deductions.

The investment's return after charges like taxes, inflation, and other fees is known as a net rate of return.

The expenditure ratio of a fund measures how difficult it is to determine the net rate of return compared to the gross rate of return.

To learn more about net return from the given link:

brainly.com/question/20730692

#SPJ4

3 0
2 years ago
3. Describe at least one global trend that you think offers a business opportunity in the global marketplace. (2-5 sentences. 2.
Taya2010 [7]
One global trend I think offers a business opportunity in the global marketplace is the internet. With the internet customers can shop a store from virtually anywhere in the country. A small store such as local boutiques become a big hit with online shoppers.
7 0
3 years ago
Read 2 more answers
What are three strategies that you can use to make better financial decisions?
leonid [27]
I would say save, invest and start a business
4 0
3 years ago
Read 2 more answers
For each event, explain whether the initial effect is a change in planned investment spending or a change in unplanned inventory
Katen [24]

Answer: A: An unexpected increase in consumer spending results in decreased inventories of those who produce the goods.

B: An increase in the interest rate is equal to an increase in borrowing costs, therefore, those producers who wish to invest will have fewer viable projects since the cost of obtaining capital will be higher.

C: A sharp increase in the economy's growth rate of real GDP has the consequence that producers increase their production capacity and have a higher investment expense.

D: an unanticipated fall in sales causes producer inventories to grow as they sell less, leading to unplanned excess inventories.

7 0
4 years ago
A company purchased a computer system at a cost of $34,000. The estimated useful life is 7 years, and the estimated residual val
Ipatiy [6.2K]

Answer:

$7,000

Explanation:

Calculation for the depreciation expense for the second year

Depreciation rate will be:

2/7 = 29%

$34,000 × 29% = $9,860

The depreciation in the first year will be $9,860

Thus,

($34,000 - $9,860) × 29%

$24,140×29%

= $7,000

Therefore the depreciation expense for the second year will be $7,000

3 0
4 years ago
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