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Phoenix [80]
2 years ago
13

assuming that prices rise over time, which inventory cost flow assumption will result in the lowest ending inventory?

Business
1 answer:
Nadya [2.5K]2 years ago
8 0

Answer: LIFO

Explanation:

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Consider public policy aimed at smoking. Studies indicate that the price elasticity of demand for cigarettes is about 0.2. If a
melomori [17]

Answer:

$7.5

Greater

Explanation:

Price elasticity of demand = percentage change in quantity demanded/ percentage change in price

0.2 = 10%/ percentage change in price

percentage change in quantity demanded = 50% = 0.5

0.5 = (New price - $5) / $5

New price = (5 × 0.5) + 5 = $7.5

In the short run, demand is relatively inelastic because consumers need time to find suitable substitutes but in the long run, demand is usually more elastic.

I hope my answer helps you

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3 years ago
We are taught that cleanliness is a vital part of daily life, that antibacterial soaps, cleaning products that completely elimin
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The appropriate response is human microbiomes. The microbiome is characterized as the aggregate genomes of the organisms that live inside and on the human body. We have around 10 fold the number of microbial cells as human cells. 
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3 years ago
The City of Matthews has been given a $1,000,000 gift that is restricted by the donor, Rebecca Smith. Ms. Smith’s gift agreement
Evgesh-ka [11]

Answer:

It is called A PERMANENT FUND.

Explanation: A PERMANENT FUND is a type of governmental fund that is used to record and account for endowments such as gifts for government or non governmental organisations.

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8 0
3 years ago
How do i make someones answer the brainliest
Aleksandr [31]
I don’t get what your saying

But could u give more explanation
4 0
3 years ago
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Punch Corporation acquired 80% ownership of Jud Corporation in 2017, at underlying book value. On that date, the fair value of n
Ilia_Sergeevich [38]

Answer:

The amount of consolidated net income that will be assigned to the controlling interest for 2018 is $ 48,000.

Explanation:

In order to calculate consolidated net income profit and loss on intra group transactions are eliminated or not taken into account. So in order to calculate profit cost incurred by group is taken as cost of good sold and sales that is made to third party will be taken as revenue. Detail calculations are given below.

Revenue           $ 100,000

COGS               ($   40,000)      (50,000 *80%)

Profit                 $   60,000-A

Consolidated net income controlling interest = A * 80% = $ 48,000

6 0
3 years ago
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