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il63 [147K]
4 years ago
10

Howe Corporation calculates inventory and cost of goods sold one time at the end of every accounting period. In contrast, Kelty

Industries updates their inventory and cost of goods sold accounts multiple times in one day. What is the difference between Howe and Kelty?
Business
1 answer:
Mariana [72]4 years ago
3 0

The difference is only in the strategy the company wants to use. For some market segments calculating the cost of goods sold by the permanent or periodic method may be more advantageous and allow a better monitoring of business efficiency and profitability. Companies often choose the method that best fits their organizational strategy. The periodic method, for example, as used by Kelty Industries, can be useful for greater input and output control, process optimization, consumer behavior assessment, and other advantages. But if Howe and Kelty wanted to change the calculation method, it would not affect anything, as the result would be the same regardless of the calculation, periodic or daily.

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Answer:

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The unrealized loss of (800,000-750,000= $50,000) will be recorded in the accumulated other comprehensive income account under the equity section of the balance sheet.

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3 years ago
You own a portfolio that is 30 percent invested in Stock X, 20 percent in Stock Y, and 50 percent in Stock Z. The expected retur
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11.2%

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<h3>What is fixed-interval schedule?</h3>

In fixed-interval schedules, the first reaction is only rewarded when a predetermined amount of time has passed. With this schedule, reactions are quicker toward the end of the interval but slower immediately following the reinforcement.

A child may receive a candy as part of a fixed-ratio program after reading three to ten pages of a book.

Thus, option C is correct.

For more details about fixed-interval schedule, click here:

brainly.com/question/12282349

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The options are missing-

a. fixed-ratio schedule

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