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4 years ago

Opera Corp. uses dollar-value LIFO method of computing its inventory cost. Data for the past three years is as follows:

Business

1 answer:

Mandarinka [93]4 years ago

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Answer:

(A) $390,000

Explanation:

Under LIFO method as the name suggests "Last In First Out"

the goods purchased in Last that is latest are sold first, that is goods purchased in 2015 will be sold first, therefore in the given case at the end of 2014 using LIFO we have,

Balance = $390,000

Because balance of goods purchased in 2014 i.e. $756,000 is sold first in 2014 remaining inventory at year end will be of 2013

Correct option is

(A) $390,000

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A comprehensive or overall formal plan for a business that includes specific plans for expected sales, the units of product to b

balu736 [363]

Answer:

The correct answer is Master Budget.

Explanation:

A master plan, as its name implies, is a document that contains the strategy to be followed in the medium term. This information is constructed by all those responsible for the areas of the organization, so it will have the details of the strategies for each missionary area. This document is generally organized to be executed in a time greater than 1 and less than 5 years in general.

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4 years ago

Which of the following is a disadvantage of barter as a countertrade arrangement?

Wittaler [7]

Answer:

(C). Firms engaged in barter run the risk of having to accept goods they do not want or cannot use.

Explanation:

Countertrade is a trade system in which goods and services are exchanged for other goods and services.

Barter is a type of countertrade where money isn't involved. Only goods and services are exchanged between participating parties.

<em>A disadvantage of barter is that, in the absence of required goods, a firm may have to accept the goods the other firm is offering even though it doesn't need or cannot use those goods at that point in time. </em>The firm could resell the goods later.

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4 years ago

Which of these factors contributes to the popularity of cable TV advertising?

defon

The factor that contributes to the popularity of cable TV advertising is "wide reach."

Unlike the normal print, newspaper, radio, or local television stations, cable TV advertising can reach a larger audience.

This is evident in the fact that Cable TV adverts can be viewed anywhere in the country and across the globe.

Also, another advantage is that it can easily be tied to a particular program, such as sports programs and other exciting programs.

Hence, in this case, it is concluded that the correct answer is option A. "Wide Reach."

Learn more here: brainly.com/question/9799669

5 0

3 years ago

In a recent annual report, Fourth Wall Inc. (formerly Greencube) disclosed that 61,700,000 shares of common stock have been auth

Nimfa-mama [501]

Answer:

The number of outstanding shares is 26,065,900.00

Explanation:

The number of shares outstanding at the end of the year comprises of all issued shares minus all treasury stock.

The company had issued 35,959,092 shares as well as 567,265 shares till date,hence total issued shares is 36,526,357 shares(35,959,092+567,265)

However,the total number of treasury stock to date is 10,460,457 (7,341,269+3,119,188)

Outstanding shares=36,526,357-10,460,457= 26,065,900.00

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4 years ago

Officials argue that the government needs to reduce the national debt. Which actions are most likely to accomplish this goal?

AnnyKZ [126]

Officials argue that the government needs to reduce the national debt. The actions that are most likely to accomplish this goal are to i<span>ncrease taxation and decrease spending.
If you raise taxes, you will gain more money. If you cut down on expenses, you will keep that money.</span>

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3 years ago