When inventory increases, which costing method generally results in higher net income?.

1 answer:

3 0

Answer: Income is higher under absorption costing by $15,000. This is consistent with a general rule of thumb: Increases in inventory cause income to be higher under absorption costing than under variable costing, and vice versa.

Explanation:

You might be interested in

g Last year Thomson Inc's earnings per share (EPS) were $3.50, and its growth rate during the prior 5 years was 6.6% per year. I

mariarad [96]

Answer:

17.19 years

Explanation:

The triple value of the earnings per share=$3.50*3=$10.50

The growth rate is 6.6%

Using the nper formula in excel, we can determine the number of years earnings per share would triple

=nper(rate,pmt,-pv,fv)

rate is 6.6%

pmt is not applicable to the scenario ,hence it is zero

pv is the current earnings per share

fv is the future earnings per share

=nper(6.6%,0,-3.5,10.5)= 17.19

8 0

3 years ago

Since the politicians are unwilling to get rid of the rent controls, they offer you a list of suggestions to make housing more a

nika2105 [10]

<span>For statement 1; Government provided housing, this may be costly but the way that the people are provided with houses can decrease the number of homeless people. For statement 2; Tax deductions to renters, this has been going on for thousand years, taxes are used to provide services to people if the government properly used it. For statement 3; Tax breaks to construction companies who provide affordable housing, this is common to developers who intend to maximize their profit and the available area for people whose income is not that high. I would suggest statement 3.</span>

6 0

3 years ago

Que presion ejerce el deposito sobre el piso?

Kitty [74]

Answer:

You exert less pressure lying down because you spread the force of your weight over a larger area, thus exerting less pressure.

Explanation:

3 0

3 years ago

What conflict of interest information must be made available by institutions on a public website or within five business days up

ZanzabumX [31]

Answer:

The financial conflicts of interest of senior or key personnel on PHS-funded projects.

Explanation:

According to United States of America Public Health Service, institutions are compelled to present a conflict of interest information on a public website or within five business days upon request. his is to assess or to determine if a substantial financial interest is connected or not to an investigator's research and composes a financial conflict of interest.

Hence, the right answer is The financial conflicts of interest of senior or key personnel on PHS-funded projects.

8 0

3 years ago

What activities can a person participate in to be considered actively looking for a job?

zubka84 [21]

job postings. Sending resumes and doing interviews

5 0

3 years ago