<span>Jaxon can deduct in year 0 if his business uses the cash method of accounting for tax purposes $750 under either cash or accrual method of accounting. Jaxon can only deduct two months of interest ([$4,500/12] Ă— 2) because prepaid interest is not deductible under either method of accounting.</span>
Answer:
$7,714
Explanation:
The computation of the cost of good sold under LIFO method is shown below
But before that following calculations need to be done
Goods sold = Beginning inventory + Purchases - Ending inventory
= 114 + (399 + 57) - 190
= 380 units
Now 380 units sold would include 57 units of July 22 purchases and balance i.e. (380-57) 323 units of July 7 purchases
So, cost of goods sold
= (57 × 22) + (323 ×20)
= $7,714
Answer:
C : the lower-of-cost-or-net realizable value (LCNRV) basis.
Explanation:
<em>High-technology and fashion are types of industries likely to frequently use </em>''the lower-of-cost-or-net realizable value (LCNRV) basis''. These types of industries having an inventory that has an uncertain future.<em> Obsolescence, defects, oversupply, higher price declines, and similar obstacles can contribute to uncertainty about the realization of inventory</em> items and hence accountants of these industries evaluate inventory and employ lower of cost or net realizable value considerations.
The significance of creating of competitive advantage for a multinational electronics corporation such as Samsung is to be able to expand on international markets and to be able to maintain the Lower production costs.
<h3>What is importance of of Competitive Advantage</h3>
A competitive advantage serves as one that distinguishes a company from its competitors.
This helps in the getting of more customers, as well as brand loyalty and it is very essential to business so as be able to succeed.
In this case, The significance of creating of competitive advantage for a multinational electronics corporation such as Samsung is to be able to expand on international markets and to be able to maintain the Lower production costs.
Learn more about competitive advantages on:
brainly.com/question/11600913
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Answer: D.) Direct marketing (happy to help)
Explanation:
