Answer:
C. LIFO liquidation
Explanation:
Benson Company uses the LIFO inventory costing method for both its tax reporting purposes and its financial reporting purposes. In its footnotes, Benson Company is required to report the amount at which inventories would have been reported under FIFO method.
The difference between these two numbers is commonly referred to as LIFO Reserve.
LIFO reserve represents the difference in ending inventory using LIFO and ending inventory if FIFO were employed instead.
Third option is the correct option.
LIFO reserve = FIFO inventory cost - LIFO inventory cost
FIFO inventory cost = LIFO inventory cost + LIFO reserve
Answer:
WACC= 9.8%
Explanation:
<em>The weighted Average cost of Capital is the average cost of capital for the different sources of long-term capital available to a firm weighted according to the proportion each source of finance bears to the total capital in the pool. </em>
After-tax cost of debt = (1- tax rate) × before tax cost of debt
= (1-0.3)× 8% = 5.6%
Total Equity = 20,000× 2= 40,000.
Bank loan = 20,000
Total value fund = 40,000 + 20,000 = 60,000
WACC= 5.5%× (2/6) + 12%× (4/6) = 9.8%
WACC= 9.8%
A self-contained, pre-engineered or engineered system that expels a gaseous agent used to protect computer and server rooms and other high-value locations is known as a Clean agent extinguishing system.
Answer:
C) Provide products to the market because that is the task you have been assigned by central planners.
Explanation:
A command economy or command market is an economy where the government controls everything: production, investment, prices, and incomes.
In such a market you are assigned where to work and what to do, you are not free to decide what you would like to study and what work you would like to do. The same applies to businesses, they all depend on the government.
