Answer:
Ending inventory will be lower if Blake uses the weighted-average rather than the FIFO inventory cost flow method.
Explanation:
Ending inventory will be lower if Blake uses the weighted-average rather than the FIFO inventory cost flow method.
True as under weighted average:
(17 + 18) / 2 = 17.50
the ending inventory will be one unit valued at $17.50
while under FIFO the 17 dollar unit was sold and declare cost
while the second is keep under ending invenotry at $18.00
Answer:
The answer is: A) The new machinery can be depreciated using the same method or different method than the previously purchased machinery
Explanation:
Their is no rule that requires a business to always use the same depreciation method for the assets they purchase.
The most common depreciation methods include:
- Straight-line.
- Double declining balance.
- Units of production.
- Sum of years digits.
Depending on the asset a business may consider one depreciation method that better suits it, and another depreciation method for their other assets.
Answer:
The biggest challenge is PNG
Answer:
The answer is "increase; LRAS curve to the right".
Explanation:
The curve LRAS represents the flow between all the level of wages and economic GDP supplied because all prices are fully flexible, also with nominal salaries; its cost may change all along LRAS, however, the output cannot, as it represents the complete output of workers, that's why the several economists say that lower marginal rate consistently increases the motivation to work, shifting the LRAS curve to the left.
Answer:
a decreasing rate.
Explanation:
Total utility of an individual is the satisfaction which is achieved by consuming one additional unit of good. When a person achieves more goods his marginal utility declines. When the total utility is increased, the rate of utility is decreasing.