Answer:
Tax in FIFO method= 0.3*8,740=2,622
Tax in LIFO method= 0.3*8,100= 2,430
Difference- 2,622-2,430=192
Using the FIFO method will result in $192 more in tax than the LIFO method
Explanation:
Answer:
$15,000
Explanation:
Calculation for the amount that should be report as goodwill
Fair Market Value of common stock issued for acquisition $400,000
(10,000 shares×$40 fair value)
Less Fair Market Value of Net Assets of Web $385,000
(ASSETS: Cash and receivables $60,000+ Inventory $175,000 +Patented technology (net) $200,000+ Land $225,000+Buildings and equipment (net)$ 75,000 - LIABILITIES $350,000)
GOODWILL $15,000
($400,000-$385,000)
Therefore the amount that should be report as goodwill will be $15,000
<span>Leola just finished high school. She would like to earn a bachelor’s degree so she can get a job in Manufacturing. For which careers would Leola most likely need a bachelor’s degree?</span>
Purchasing Agent and Product Safety Engineer
Out of the options above being a purchasing agent and product safety engineer often requires a degree to perform. The other options are commonly training needed but are able to be taught and not just require a Bachelor Degree.
Answer: d. decrease; increase
Explanation:
If there is an increase in the Fixed Cost of Working, it leads to higher input costs in terms of labor when it comes to producing.
Producers will respond by trying to limit how much they spend on inputs by terminating the employment of some people as well as limiting new employment.
The Labor Force Participation Rate which refers to those active (both employed and unemployed) in the Labor Market will decrease because people might stop being active in the market as a result of the retrenchments and lack of opportunity.
The Producers however, will not demand more from the people still employed so that they may make better profits which will lead to an increase in the hours worked of those still employed.
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