Answer:
I believe the answer that you're looking for is D
Explanation:
Should you file for separation before filing for divorce? Answer Yes you should have a separation agreement. In most states you must be separated for one year to file for divorce.
Answer:
The correct answer is 35%.
Explanation:
According to the scenario, the computation of the given data are as follows:
We can calculate the Weighted average contribution margin ratio by using following formula:
weighted-average contribution margin ratio = (Contribution margin ratio × Sales of sporting goods) + (Contribution margin ratio × Sales of sporting gears)
= ( 30 × 75% ) + ( 50 × 25%)
= 22.5% + 12.5%
= 35%
Answer:
Which inventory method reflects the most recent costs of inventory on the balance sheet?
LIFO
What implications might this have that would be relevant for users of the financial statements to know?
This will mean that the profitability ratios will be smaller under LIFO .
The profitability ratios include profit margin, return on assets, and return on stockholders' equity.
Explanation:
LIFO, the most recent costs of products purchased (or manufactured) are the first costs to be removed from inventory and matched with the sales revenues reported on the income statement. This means that the oldest costs remain in inventory.
