Youngstown Corporation is considering changing its inventory method from FIFO to LIFO. Assume that inventory prices have been increasing. All else equal, it impact would we expect the change to have on the following ratios net profit margin fixed asset turnover ratio, current ratio, and quick ratio is net profit margin.
The net profit margin or simply net margin, measures how much net income or profit is generated as a percentage of revenue. It is the ratio of net profits to revenues for a company or business segment. Net profit margin is typically expressed as a percentage but can also be represented in decimal form.
Traditionally known as a center of steel production, Youngstown has been forced to adapt after the steel industry in the United States fell into decline in the 1970s, leaving communities throughout the region without any major industry. There has been a decline in population of more than 60% since 1959.
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Answer:
B
Explanation:
If I'm not wrong, their steel industry is still growing due to the inputs of iron ore and coal.
Answer:
budget enough money for attractive pay levels.
Explanation:
Answer:
lifestyle
Explanation:
Based on the information provided within the question it seems that this is an example of the use of a lifestyle executional style. This is a style that refers to demonstrating how a certain product would be useful to an individuals lifestyle choice. Which in this scenario the ad for the microwave is catering to individuals with a hectic lifestyle that are always rushing from place to place and need a fast home cooked meal.
Answer:
<u>The correct answer is</u>: a) the pizza and the wings are substitutes.
Explanation:
Analyzing the scenario of the question above, in the case of Peter's pizzeria, which sells pizza and wings and wants to increase the sale of pizzas by adopting a strategy of increasing the price of wings, in this case, he is assuming that pizza and wings are substitutes .
Substitute goods are those that can be consumed in substitution for another good, even if they are in different categories, as long as they perform the same function, but in a different way.
