Answer:
Winnebago Industries' ending inventory have been if it had used FIFO is $77,196,000
Explanation:
The computation of the ending inventory under FIFO method is shown below:
= Ending inventory under LIFO inventory method + LIFO reserve
= $46,850,000 + $30,346,000
= $77,196,000
For determining the ending inventory under the FIFO method, we added the ending inventory under the LIFO method and LIFO reserve so that accurate value can come.
The amount of current liabilities is $23,600
Current liabilities refers to liabilities of a company that have to be settled in cash within the fiscal year.
The current liabilities here are Deferred revenue, Accounts payable and Interest payable. Note that notes payable are due in more than 12 months, so, these are not a current liability.
Amount of Current Liabilities = Deferred revenue + Accounts payable + Interest payable
Amount of Current Liabilities = $4,300 + $13,700 + $5,600
Amount of Current Liabilities = $23,600
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Answer:
Yes, Adam committed a tort.
Explanation:
In the situation, when Adam kisses the sleeve of Eve's blouse but without her consent, he committed a tort. A tort can be defined as a civil wrong which harm other. Here, Adam's act of kissing the sleeve was an invasion of Eve's privacy. It also caused her emotional distress. Therefore Adam has a legal liability in this case as it is tort.
Answer:When countries trade, their consumers have access to raw goods at cheaper prices, workers will produce better goods for export, and countries will become Richer..
Here is the answer that completes the statement above.
Regarding the situation of Toby who runs a small deli downtown, if he is already maximizing his profits, therefore, we can say that the number or amount of delis will soon increase or rise. Hope this answers your question.
