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:
The correct answer to the following question will be Option C (Adoption).
Explanation:
The adoption stage falls under the Change Management Continuum System educational process. This explains the change which has shown a significant or positive impact on the corporation.
The mental process by which a person moves from the first hearing about such an invention to actual adoption is the acceptance process for either a new product.
There are five stages are in the Adoption stage:
- Product awareness
- Product interest
- Product evaluation
- Product trial
- Product adoption
Therefore, Option C is the right answer.
Answer:
Explanation:
The classified balance sheet comprises of the assets, liabilities, and stockholder equity. With the help of the accounting equation, the total assets are equal to the total liabilities including stockholder's equity.
The assets are further divided into current assets, fixed assets, and intangible assets. Similarly, the liabilities are also further divided but they do not have any intangible liabilities.
The preparation of the partial balance sheet is presented in the spreadsheet. Kindly find the attachment below:
Customers and the employees
Explanation:
- The customers are very important for the company to last long in the global market. The company should create products which will be of great value for the money they spent.
- Employees are also very important as they provide service continuously for the development of the company. The success of the business depends on the employees.
- The companies should appreciate and take care of the needs of the employees as they work for the satisfaction of the customers.
Answer:
Answer for the question:
A hospital conducted a study of the waiting time in its emergency room. The hospital has a main campus and three satellite locations. Management had a business objective of reducing waiting time for emergency room cases that did not require immediate attention. To study this, a random sample of 15 emergency room cases that did not require immediate attention were selected at each location on a particular day, and the waiting times were collected and stored – see dataset ERWaiting (the same dataset in both 13th and 14th edition, use either one). a) At the 0.05 level of significance, is there an evidence of a difference in the mean waiting times in the four locations? b) If appropriate, determine which pairs of locations differ in mean waiting time. c) At the 0.05 level of significance, is there an evidence of a difference in the variation in waiting times among the four locations
is explained in the attachment.
Explanation: