In the FIFO method old inventories are used to determine cost of goods sold (COGS), which result to less income because COGS is lesser, while it is greater in LIFO.

However, in LIFO, old and outdated inventories are valued lower than the present price. It not a good indicator of ending inventory value.

B. To calculate the degree of freedom of the inventory sample given: 1. 225221, 2. 119100, 3. 100113, 4. 212200, 5. 248245.

STEP 1. Find the mean or average of the samples.

Let x be the sample average, and N the sample size which is 5

x = 225221 + 119100 + 100113 + 212200 + 248245/5 = 180975.8

STEP 2. Degree of freedom Df is given as Df = N - 1

Remember, N is the sample size given as 5.

Df = 5 - 1 = 4.

CONCLUSION:

This shows that four numbers from the samples given have the freedom to vary as long as the average remains 180975.8.

8 0

3 years ago

Please help! thanks so much

Stels [109]

Answer:

See below.

Step-by-step explanation:

First, we can see that $\lim_{x \to 2} (f(x))= -1$ .

Thus, for the question, we can just plug -1 in:

$\lim_{x \to 2} (\frac{x}{f(x)+1})=\frac{(2)}{-1+1} =und.$

Saying undefined (or unbounded) will be correct.

However, note that as x approaches 2, the values of y decrease in order to get to -1. In other words, $f(x)$ will always be greater or equal to -1 (you can also see this from the graph). This means that as x approaches 2, f(x) will approach -.99 then -.999 then -.9999 until it reaches -1 and then go back up. What is important is that because of this, we can determine that:

$\lim_{x \to 2} (\frac{x}{f(x)+1})=\frac{(2)}{-1+1} = +\infty$

This is because for the denominator, the +1 will always be greater than the f(x). This makes this increase towards positive infinity. Note that limits want the values of the function as it approaches it, not at it.

4 0

3 years ago