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2 years ago

In periods of rising prices, what will lifo produce?.

Business

1 answer:

Mrrafil [7]2 years ago

3 0

Answer:

LIFO. usually results in a balance sheet valuation of inventory farthest away from its economic value. LIFO. would result in the highest after-tax cash flow in periods of rising prices and non-decreasing levels of inventory.

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When serving a lemon drop shot, what do you give the customer?

Anettt [7]

<span>A lemon drop shot contains vodka, ice, sugar, and lemon juice. The sugar is placed on the rim of an old-fashioned glass, and an ice cube is placed at the bottom. Vodka and lemon juice are mixed in a shaker over ice, and are then poured into the prepared glass before serving.</span>

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3 years ago

moriband corp. paid a dividend of $2.15 yesterday. the company’s dividend is expected to grow at a steady rate of 5 percent for

BaLLatris [955]

The present market price of Moribund stock stands at $22.58.

<h3>What is market price?</h3>

Market value is another term for current price. It is the most recent price at which a share of stock or other security was traded. The current price serves as a baseline in an open market.

The market price is the current cost of purchasing or selling an asset or service. The details of supply and demand decide the market price of an investment or assistance.

The market price is the price at which quantity supplied equals quantity demanded.

The market price is the price that exists on a specific day or at a specific time. It is the result of market supply and demand. Normal prices, on the other hand, are the result of long-term demand and supply.

To learn more about market price, refer to:

brainly.com/question/14612966

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7 0

1 year ago

Max worked 48 hours last week. What is his gross pay for the week if his regular hourly pay is 13.50

Illusion [34]

The correct answer is $648

6 0

3 years ago

Heidebrecht Design acquired 20% of the outstanding common stock of Quayle Company on January 1, 2014, by paying $800,000 for the

DedPeter [7]

Answer:

Detailed step wise solution is given below:

4 0

3 years ago

The following monthly data are available for Coronado Industries. which produces only one product: Selling price per unit, $38;

In-s [12.5K]

Answer:

The correct answer is C.

Explanation:

Giving the following information:

Selling price per unit= $38

Unit variable expenses= $14

Total fixed expenses= $42,000

Actual sales for June= 3000 units.

First, we need to calculate the break-even point in dollar using the following formula:

Break-even point (dollars)= fixed costs/ contribution margin ratio

Break-even point (dollars)= 42,000/ [(38 - 14)/38]

Break-even point (dollars)= $66,500

Now, we can calculate the margin of safety in dollars:

Margin of safety= (current sales level - break-even point)

Margin of safety= (3,000*38 - 66,500)

Margin of safety= (114,000 - 66,500)

Margin of safety= $47,500

5 0

3 years ago