Answer:
They will pay more taxes if they value inventory using LIFO.
The difference in taxes between the two methods is $8400($ 32,550.00 minus $ 24,150.00)
Explanation:
The oil distributor will pay more taxes using LIFO method in valuing the cost of goods sold because LIFO would pick the prices of goods recently purchased which were lower overall compared to prices of goods earlier purchased.
Hence,inventory sold is charged with lower prices and eventually lower costs of good sold s well higher gross profit which translates into higher taxes.
It would be preferable to value inventory sold using FIFO so as to reduce taxes payable by $8400.
Find attached detailed computation.
Answer: At time 18.33 seconds it will have moved 500 meters.
Explanation:
Since the acceleration of the car is a linear function of time it can be written as a function of time as
Integrating both sides we get
Now since car starts from rest thus at time t = 0 ; v=0 thus c=0
again integrating with respect to time we get
Now let us assume that car starts from origin thus D=0
thus in the first 15 seconds it covers a distance of
Thus the remaining 125 meters will be covered with a constant speed of
in time equalling
Thus the total time it requires equals 15+3.33 seconds
t=18.33 seconds
Answer:
import java.util.Scanner;
public class CountByAnything
{
public static void main (String args[])
{
int beginning = 5;
int ending = 200;
Scanner s = new Scanner(System.in);
System.out.println("Enter the value to count by:");
int valueToCount = s.nextInt();
int counter = 0;
for(int i = beginning; i <= ending; i += valueToCount)
{
System.out.print(i + " ");
if((counter+1) % 10 == 0)
System.out.println();
counter++;
}
}
}
Explanation:
- Initialize the beginning and ending.
- Loop through the value of ending variable.
- Check if numbers per line is equal to ten and Increment the counter
.