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3 years ago

What does the phrase “last in, first out” mean?

2 answers:

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Last in, first out (LIFO) is a method used to account for inventory that records the most recently produced items as sold first.

Delvig [45]3 years ago

4 0

Explanation:

LIFO stands for “Last-In, First-Out”. It is a method used for cost flow assumption purposes in the cost of goods sold calculation. The LIFO method assumes that the most recent products added to a company's inventory have been sold first. The costs paid for those recent products are the ones used in the calculation.

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What does the term cyber security refers to?

mina [271]

Cyber security is online protection from viruses, malware, and spam. There are security softwares that can be bought and downloaded to help protect and online user from unwanted or harmful code. It is important to always keep up-to-date and renew online security software to protect yourself from unwanted intrusions in the online world.

I hope this is what you’re looking for! :)

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4 years ago

The Federal Open Market Committee (FOMC). Multiple Choice provides advice on banking stability to the Fed. sets policy on the sa

d1i1m1o1n [39]

Answer:

follows the actions and operations of financial markets to keep them open and competitive.

Explanation:

In simple words, The Federal Open Market Committee relates to the division of the Federal Reserve Board which decides the course of monetary policy, in particular by coordinating free market activities. The panel is formed up of twelve representatives: the manager, seven FRB supervisors named by the Parliament, and four national federated presidents.

Thus, from the above we can conclude that the correct statement is C.

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4 years ago

Which action is an example of the United States using economic influence as a tool of foreign policy?

yan [13]

Answer:

Econimy Can use alot of help by influencing more things for their city.

Explanation:

Is there an option tho?

7 0

3 years ago

Sergey brin and larry page are the founders of google. most would agree that they have a superb product, but in order to grow, t

Mnenie [13.5K]

The appropriate response is two strengths and one threat. Jake had two qualities (these are inward to the operation): (1) $100,000 financing, (2) three talented installers. He had one danger (outer to the operation): (1) poor economy prove by almost no new development and property dispossessions

6 0

3 years ago

Assume the company is considering a reduction in the selling price by $10 per unit and an increase in advertising budget by $5,0

ivanzaharov [21]

Answer:

Net Operating income after change is $25,000

Explanation:

Increase in price will increase the sales value, it will increase the contribution margin as well. Increase in advertisement expense will be added to fixed cost. which will decrease the net profit by $5000. Net effect will be $5000 of profit.

Increase in Price = $110 + $10 = $120

Fixed Cost = $30,000 + $5,000 = $35,000

Sales $120,000 1000 units @ $120 100 %

Variable expenses $60,000 1000 units @ $60 50 %

Contribution margin $60,000 1000 units @ $60 50 %

Fixed expenses $35,000

Net operating income $25,000

* Data for the question was missing following data has been used from the similar question

Selling price $110,000 1000 units @ $110 100 %

Variable expenses $60,000 1000 units @ $60 55 %

Contribution margin $50,000 1000 units @ $50 45 %

Fixed expenses $30,000

Net operating income $ 20,000

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3 years ago