It will suspended up to 5 to 10 or years.
Answer:
Follows are the responses to these question:
Explanation:
Please find the complete question in the attached file.
Uncle Ben will have to select industrial machinery for customized furnishings, as the NPV of the project have result show to the S loan, such that uncle Ben can gain it if he opts to invest throughout the C loan of just $120,000 from the bank.
In Which only a $240,000 credit by Uncle Ben has also been issued by the bank, it can choose either local furniture exaggerations or regular fabric as Project C and Project S both are positively Verdict.
Answer:
The correct answer is a. $654
Explanation:
In order to calculate LIFO, which means last in first out, you have to determine the cost of your most recent inventory and multiply it by the amount of inventory sold.
In this case, the sale that was made on July 7 include 10 units purchased on July 4 and 2 units from July 1 which was the beginning inventory.
The cost of goods for the July 7 sale=(10 units × $55) + (2 units× $52) = $654