LIFO uses the last unit costs for Cost of Goods Sold on the income statement and the first unit costs for Inventory on the balance sheet.
What is LIFO?LIFO means last in first out. It means that it is the last purchased inventory that is the first to be sold.
For example, if beginning inventory consists of 10 units at $10 per unit. In the middle of the month, 10 units were bought at $15 per unit. At the end of the month, 10 units were sold. Using LIFO, the cost of goods sold would be $150 ( 10 x 15). Ending inventory would be $100 ($10 x 10).
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YASHARI earns $27,000 per year, is single, and lives in Wyoming. She has $7000 in Direct Subsidized loans and another $19,000 in Direct Unsubsidized loans. She is trying to save up an emergency fund of at least 6 months’ take-home pay, so she’s torn about how much she should devote to her student loans and how much to the emergency fund every month.
- Which plan has the highest total amount paid? How long is the repayment period for this plan?
a) The plan with the highest total amount paid is the Direct Unsubsidized Loan of $19,000 because, in addition to the interest, the principal amount is higher than the Direct Subsidized Loan.
b) The repayment period for the Direct Unsubsidized Loan is 10 years after graduation if the Standard Repayment Plan is chosen.
What are unsubsidized and subsidized loans?Subsidized Loans are student loans subsidized by the Federal Government, especially with respect to the interest payment.
Subsidized Loans do not accrue interest during school at least half-time or during deferment periods. They are available for undergraduate and graduate students in financial need.
Unsubsidized Loans are federal student loans for both undergraduate and graduate students that are not based on financial need. They accumulate interest during school if the student does not elect to make monthly interest payments.
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According to the principles of scientific management, the best way to improve productivity is to.
Answer:
here is ur answer
Explanation:
According to the principles of scientific management, the best way to improve productivity is to: use time-motion studies to find the best method of doing each job, then teach those methods to employees
Inseparability in services refers to the fact that.
Inseparability refers to : The consumer cannot distinguish between the service provider from the service itself.
What Is Service Inseparability?Service inseparability means that the production and consumption of a service can't be separated from the provider of that service. It also requires that a customer is physically participating in the consumption of the service.
The above means every part of the experience is tied together. A customer can't separate the consumption of the service they've purchased from the provider.
Hence, Inseparability means consumer cannot distinguish between the service provider from the service itself.
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If a bank has a leverage (assets/equity) of 10 and a return on asset of 2%, what is its return on equity
Answer:
If a bank lends $10 for every $1 of capital reserves it will have a capital leverage ratio of 1/10 = 10% Globally it is required that this ratio is at least 3%, according to the Basel III Basel III Basel III is a regulatory framework designed to strengthen bank capital requirements while also mitigating risk.
Explanation:
hope this helps
why do people call buildings buildings if they are already built.
A country's gross domestic product for a given time period is the total
market value of
(1 point)
all goods and service produced within the country's
borders
O
all finished goods and services produced within the
country's borders
o
all goods and services produced by the country's
residents
O
all finished goods and services produced by the country's
residents
A country's gross domestic product for a given time period is the total market value of all finished goods and services produced within the country's borders.
What is the gross domestic product?Gross domestic product is the sum of all finshed goods and services that is produced in a country within a given period of time.
One of the ways of determing the value of GDP is the expenditure approach = Consumption spending by households + Investment spending by businesses + Government spending + Net export
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Answer: D.) all finished goods and services produced within the country's borders.
Explanation:
just took it :)
Hugh has experience as a firefighter and a degree in chemistry. What company might be interested in hiring Hugh?
A. A national district court looking for a video surveillance tech
B. a state agency looking for a fire inspector
C. a drug rehabilitation facility in need of a nurse
D. a city police force in need of a dispatcher
Answer:
B. a state agency looking for a fire inspector
Explanation:
Because he is a firefighter with a degree in chemistry and a fire inspector is the best fitting company to hire hugh.
Answer:
B, a state agency looking for a fire inspector!
Which of the following is an example of corporate welfare? a. A large corporation donates money to a homeless shelter b. Severance pay and unemployment insurance c. Low-interest government loans, subsidies, and tax breaks to corporations d. Employee assistance programs
An example of corporate welfare is Low-interest government loans, subsidies, and tax breaks to corporations.
What is corporate welfare?Corporate welfare refers to financial aid granted by governments to companies that make profit, mostly large companies.
Examples of corporate welfare are ;
Tax breakSubsidiesLoansHence, we can conclude that an example of corporate welfare is Low-interest government loans, subsidies, and tax breaks to corporations.
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Melissa engages in an activity that influences the well-being of a bystander. In order for melissa’s activity to give rise to an externality, it must be the case that:.
Jana has $100 to open a checking account. she can maintain a monthly balance of $300. she also has a savings account at the same bank. she plans to use online bill paying and write fewer than 10 checks per month. she currently uses her bank’s atm several times per month. jana does not overdraw her account. bank account terms and conditions bank account terms and conditions. bank b is best for jana. jana wants an account with the lowest fees. which checking account would be best for jana? account a account b account c account d
Bank account is opened in bank to save/ deposit money and generate interest from it. Jana should choose account b.
What is a bank account?It is an account in bank where money deposited, and it can be withdrawn by check or passbook and bank gives interest on deposit. A bank provides Current, Savings, Fixed Deposit Accounts, Recurring Deposits facilities.
It is better for Jana to choose account b as the minimun balance required is $250, and it charges 0 for ABC bank ATMs and check writing limit is more, i.e. 12/ month.
Therefore, Jana should choose account b.
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Answer:
account b
Explanation:
Keynesian analysis stresses that a tax cut that increases the government's budget deficit or reduces its budget surplus:____________
a. will increase the money supply.
b. is appropriate during a period of inflation.
c. will stimulate aggregate demand and, thereby, promote employment.
d. will stimulate aggregate supply and, thereby, promote employment.
Keynesian analysis stresses that a tax cut that increases the government's budget deficit or reduces its budget surplus would: will stimulate aggregate demand and, thereby, promote employment.
\What is Keynesian analysis?This is used to refer to the economics analysis of Maynard Keynes. He was a foremost economist that lived.
Keynes have the opinion that when the spending of a government is more than the money it generates, the large deficit would help raise aggregate demand.
This would raise government spending and the raise economic activities and decrease unemployment.
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Which kind of food service outlets utilizes an intercom system for customers to order food?
A.
buffet service
B.
cafeteria service
C.
drive-through service
D.
table service
What is the difference between asset management and wealth management
Answer:
here is ur answer
Explanation:
wealth management comes down to what services you need. Asset management is about choosing and managing investments. Wealth management, on the other hand, looks more broadly at a person's financial life and portfolio. Some financial advisors do both, allowing you to hire just one person for the job.
It all boils down to the services you require in terms of wealth management. Asset management is the process of selecting and managing investments.
Wealth management, on the other hand, examines a person's financial life and portfolio in greater depth. Some financial advisors do both functions, allowing you to hire only one person for the job.
Is asset management part of wealth management?Wealth management entails supervising all of the client's financial elements, which may include asset management, taxes, estate planning, cash flow management, and all other conceivable uses of money. Thus, wealth management includes asset management and takes a comprehensive perspective of the client's finances.
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Intoxicated but still capable of comprehending the consequences of her actions, cricket signs a contract to sell her phone app design to downloads, inc. This contract is.
An intoxicated person may lack the mental capacity necessary to contract. Generally, this will require extreme intoxication. If the intoxicated person enters into a contract, she must disaffirm the contract within a reasonable time of regaining capacity and learning of the contract. But most likley in a court of law it will be inadmissable.
When PepsiCo purchased Frito-Lay and expanded its operations into the snack-food business, it was pursuing a ________ strategy.
PepsiCo was pursuing a diversification strategy when he purchased Frito-Lay and expanded its operations into the snack-food business.
What is diversification?Diversification method is used by investors to minimize the risks associated with one single class of assets investment over a long period of time.
Diversification is an investment strategy that mixes a wide variety of investments from different categories within a portfolio.
Hence, PepsiCo was pursuing a diversification strategy when he purchased Frito-Lay and expanded its operations into the snack-food business.
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Chain restaurants such as Domino's can use e-commerce sites to eliminate supplier-side data entry errors by _____.
The restaurants uses the e-commerce sites to eliminate supplier-side data entry errors by enabling the buyers to directly enter their own order information.
What is a supplier side data entry errors?This refers to any type of entry errors in a transaction that result to erroneous supply of quantity of goods, and are caused by error from sales representatives or the buyer input.
However, the use of e-commerce sites eliminate these data entry errors by enabling the buyers to directly enter their own order information.
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Alex suggests conducting an after action review so the company is better prepared to prevent similar situations in the future. He also suggests that they should conduct competitor analyses. If Amy wants everyone to conduct after action reviews and competitor analyses, what can she do to create a culture that supports these efforts
To create a culture that supports these efforts, it is essential to create a strategic management focused on analysis, control and review of organizational actions.
What is strategic management?It consists of formulating and implementing actions that will lead to the achievement of stipulated goals and objectives, providing a direction for the company to be competitive and positioned in the market.
Therefore, strategic management will lead to the development of plans and policies, along with the allocation of resources to achieve objectives.
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Since converting the firm's inventory to profits is a key function of management, firms use ______ to measure the effectiveness of management in utilizing the assets that are available.
The firms use financial performance to measure the effectiveness of management in utilizing the assets that are available.
What is financial performance?This is a term that is a measure of how well a firm is able to make use of its assets that are generated from its businesses and revenue generation.
It also is a measure of the financial health of a business over a period of time.
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What is the purpose of establishing economic sanctions? to enter into an alliance with a country to honor the terms of a trade agreement to pressure a nation to change its policies to provide financial aid to a nation in need
The purpose of establishing economic sanctions is to pressure a nation to change its policies.
What is economic sanction?Economic sanction refers to the states use economic pressure (trade and financial restrictions) against other states to create policy or behavioral change.
Various international bodies like UN, NATO uses economic sanctions against nations whose policy is against international agreeable standards.
Hence, the purpose of establishing economic sanctions is to pressure a nation to change its policies.
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Answer:
c
Explanation:
What is one financial opportunity you could enjoy if you didn’t have to worry about making a monthly student loan payment?.
The financial opportunity that students can enjoy if they didn’t have to worry about making a monthly student loan payment would be to buy crypto like BTC and ETH.
What is a Financial Opportunity?This refers to the chance that a person gets in order to invest money to increase his financial portfolio.
Hence, it is worthy to note that because student loan payments are so high and have to be paid monthly, this makes most people be broke or low on money, and without this hassle, they would have invested in crypto, stocks, or any other financial stock.
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An investment promises to return $1,000 at the end of each of the next 5 years and then $2,000 at the end of each of the next 10 years (years 6 through 15). what is the value of this investment today at a 4% interest rate?
Answer:
sorry i dont know i was trying but cant figure it out
Explanation:
If a firm cannot invest retained earnings to earn a rate of return the required rate of return on retained earnings, it should return those funds to its stockholders
As regards this statement on funds being returned to stockholders, this is TRUE.
Why is this statement true?In theory, the reason why stockholders leave retained earnings with the company they invested in, is because the stockholders cannot find other ways to make the required return.
If the firm is therefore unable to make this required return, they will have to return it to the shareholders who will then find a way to invest in other things to make their required returns.
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5. Keisha is renting a one-bedroom apartment but allows her best friend to
move in and pay $200 per month to sleep on the couch for the summer
while she is between jobs. The apartment is burglarized one afternoon
when they are both out, and the thief steals both of their laptops, Keisha's
TV, and her best friend's wireless headphones. What will the insurance
company cover?
*
The renter insurance policy will cover:
Keisha’s laptop and TV10% of the cost of her friend’s laptop and headphonesWhat is a renters insurance?This is an insurance policy that covers losses to personal property and protects the insured from liability claim.
Hence, these insurance policy will provide for compensation for Keisha because she is the property owner and partial (i.e. 10%) coverage for loss of visitors property/
In conclusion, the renter insurance policy will cover Keisha’s laptop and TV and 10% of the cost of her friend’s laptop and headphones
Note: The renters insurance is effected.
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References that employers trust for the most accurate reporting include _____. a. friends b. relatives c. counselors d. parents please select the best answer from the choices provided a b c d
Counselors are one of the references that employers trust for the most accurate reports. As a result, option (c) is the proper response.
Which are considered the most-trusted references by the employer?Counselors are one of the references that employers trust for the most accurate reports.
Employers do not trust the friends, relatives, and parents of prospective employees or employees to provide an accurate report because they believe they are not professional enough and that because of their proximity to the employee, they may provide false information in order to benefit the employee.
Employers view counselors as more professional and more likely to provide accurate information.
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What states have the highest percent of their credit economy with prime credit scores?.
Answer:
I think Mississippi
Explanation:
hope this helps
The company achieves a cost savings of $32,000 per year by using less costly materials
this isn't a question so unless you give me the original or whole question I'm not sure how to answer
How have the television industry and/or developments in digital technology recently changed the way we view series, if at all
The television industry and/or developments in digital technology has recently changed the way people relate to movies, books, and radio.
What is Digital technology?Digital technology can be define as an electronic system or instrument that help in processing and storing of data or information.
The invention of digital technology has change the way people view things as poeple can now use their system or mobile devices to watch series of content online instead of being limited to few channel while watching the television.
Example with the impact of digital technology people can now subscribe online to watch movies by using their data to watch different movies of their choice.
Inconclusion developments in digital technology has recently changed the way people relate to movies, books, and radio.
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Savings accounts typically offer more interest than what type of account?
Savings accounts typically offer more interest than the checking account.
What is a checking account?
A checking account is a type of bank account that allows bank customers to carry out their daily cash transactions. Money can be withdrawn or deposited in it multiple times a day without any restrictions. A checking account is also known as demand deposit.
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Within a diversified company a set of businesses that share identical or very similar strategies or strategic challenges is called a.
The set of businesses that share similar strategies within a diversified company is called a: strategic business unit.
What is a Strategic Business Unit?A strategic business unit can be defined as a sub-unit or independent department of a diversified, fully funtional organization with a specific target market, vision, mission, and objectives.
Good examples of a diversified company with strategic business units are LG, Proctor and Gamble, etc., which have different product categories.
Therefore, the set of businesses that share similar strategies within a diversified company is called a: strategic business unit.
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A corporation is found guilty of charging purchasers advanced fees for securing mortgage loans on homes they have listed. What is the punishment for the violation?
Answer:
A corporation is found guilty of charging purchasers advanced fees for securing mortgage loans on homes they have listed. What is the punishment for the violation? A fine up to a maximum of $50,000.