Answers
Assuming Konan uses the FIFO method for costing its inventory, the writedown of inventory value for product n-05 is $2.
First Out, unremarkably called FIFO, is an asset-management and valuation methodology within which assets made or nonheritable initial ar oversubscribed, used, or disposed of initial. For tax functions, FIFO assumes that assets with the oldest prices ar enclosed within the financial gain statement's value of products oversubscribed (COGS).
Inventory or stock refers to the products and materials that a business holds for the last word goal of marketing, production or usage. Inventory management may be a discipline primarily concerning specifying the form and placement of equipped merchandise.
To learn more about inventory here
brainly.com/question/14184995
#SPJ4
Related Questions
Which function are local governments responsible for meeting?
ОА national security
OB. education
OC. space exploration
OD mail delivery
Answers
Answer:
the answer is edication
Answer:
OA. national security
Explanation:
Hope this helps!
Have a nice day!
If you find my answer helpful
Pls consider marking my answer as Brainliest! It would mean a lot!
Which of the following are examples of etiquette? Check all of the boxes that apply.
A. Prioritizing tasks
B. Writing a note about a patient’s medical condition
C. Following an employer’s dress code
D. Following a company’s policy of addressing patients by their last names
Answers
Answer:
C and D
Explanation:
which of the following is the mission of the federal reserve bank? i. preserve price stability ii. foster economic growth and employment iii. promote a stable financial system
Answers
Answer:
Explanation:
iii. promote stable financial system....or maybe
ii. foster economic growth and employment
becz........
The mission of the Federal Reserve System is to foster the stability, integrity, and efficiency of the nation's monetary, financial, and payment systems so as to promote optimal macroeconomic performance. to the public....
The objective of the Federal Reserve Bank is to support a stable financial system, encourage economic growth, and create jobs. The right answers are therefore (ii) and (iii).
What do you know about federal reserve bank?The most recent organizations established by the American government to fulfill the duties of a central bank are the Federal Reserve Banks. Previous organizations include the Independent Treasury (1846–1920),
the National Banking System, the First (1791–1811) and Second (1818–1824) Banks of the United States, among others (1863–1935).
With respect to these institutions, there are several policy issues that need to be addressed, such as the extent to which private interests can sway decisions, how to balance regional and national economic concerns,
how to avoid financial panics, and what kind of reserves should be used to support currencies.
Learn more about federal reserve bank, from :
brainly.com/question/30002356
#SPJ2
In open market operations, the selling of bonds by the central bank
Select the correct answer below:
Answers
The sales of bonds by the central bank in open market operations decreases the amount of loans and money supply in an economy.
What is an open market operations?This operations involves the sales and purchase of securities in the open market by a central bank.
The operation serves as an important tool used by the Federal Reserve in the implementation of monetary policy.
In conclusion, the sales of bonds results to decreases the amount of loans and money supply in an economy.
Read more about open market operation
brainly.com/question/14256204
Life insurance that covers an insured’s whole life with level premiums paid over a limited time is called:
Answers
Suppose the Australian supply of electricity is upward slopingas usual but the Australian demand for electricity is perfectlyinelastic. There are no externalities. The Australian governmentimposes a tax on electricity of $t per unit of electricity. How much better off or worse off is Australia after the tax has been imposed compared to before the tax? Use a supply and demand diagram for electricity in your explanation.
Answers
In a perfectly inelastic demand scenario, the demand curve is vertical, meaning that no matter what the price is, the quantity demanded remains the same.
On the other hand, the supply curve is upward sloping, indicating that producers are willing to supply more units of electricity as the price increases. Assuming that the tax is levied on the suppliers of electricity, the supply curve will shift upwards by the amount of the tax (represented by the vertical distance between the original and new supply curves) as the suppliers will now require a higher price to provide the same quantity of electricity.
The new equilibrium point will be at the intersection of the new supply curve and the original demand curve, at a higher price and the same quantity of electricity produced as before the tax was imposed.
Learn more about equilibrium here:
https://brainly.com/question/28527601
#SPJ11
how does a persons work experience affect their pay wage?
Answers
Answer:
Up to a certain point, more experience typically translates into higher income. Similar to the last example, if the job requires someone with 10 years of expertise in a specific field and you don't satisfy those qualifications, you can find yourself working at the lower end of the wage scale.
Explanation:
Alexander Rees is concerned about appearing knowledgeable in exporting. What are
some of the factors he mentions in the project letter?
A-Finding good coffee
B-Developing a reliable source for twizzle sticks
C-Travel costs
D-Cultural Differences and exchange rates
Answers
Alexander Rees is concerned about appearing knowledgeable in exporting. The some of the factors he mentions in the project letter are
Travel costs
Cultural Differences and exchange rates
Thus option (C) and (D) are correct.
What is a cost?The cost is the expenditure or spending required or incurred to create and sell products and services, or to acquire assets.
When a product is sold or consumed, a cost is charged to expense. In the case of a buying of an asset, the charge to expense could be significantly deferred. The cost concept underlies the transition of assets from the balance sheet to expenses in the income statement.
Alexander Rees is concerned about appearing knowledgeable in exporting. Travel costs and Cultural Differences and exchange are some of the factors he mentions in the project letter.
Learn more about the cost here:
https://brainly.com/question/20534030
#SPJ1
What do super PACs do ?
Answers
When a Super PAC (political action committee) spends or donates more than $1,000 in a calendar year, it becomes a political committee.
A political action committee (PAC) in the US is a 527 organization that collects member political donations and distributes those monies to campaigns for or against individuals, legislation, or ballot initiatives. In an effort to reform campaign finance in the US, the legal definition PAC was developed. People, businesses, labor unions, and some other organizations in addition may provide and receive an unlimited number of contributions to political action committees that only make independent expenditures.
Corporate and labor union coffers are not permitted to contribute to PACs, but they may sponsor PACs and assist to their management or fundraising.
Learn more about political action committee (PAC) here:
https://brainly.com/question/13037219
#SPJ4
An effective contract writing will describe all _________________ to be conveyed or excluded in the sale in detail.
Answers
An effective contract writing will describe all terms and conditions to be conveyed or excluded in the sale in detail.
An effective contract writing will describe all the essential elements and provisions to be conveyed or excluded in the sale in detail. These elements encompass a wide range of aspects that need to be clearly defined to ensure the rights, obligations, and expectations of both parties are accurately outlined.
Firstly, the contract should outline the identification of the parties involved, including their legal names, addresses, and any other pertinent details that establish their identities. This ensures clarity and avoids any confusion regarding the individuals or entities responsible for fulfilling the contract's terms.
Next, the contract should explicitly define the subject matter of the sale. This includes a comprehensive description of the goods, services, or property being transferred, along with any specifications, quantities, quality standards, or other relevant details. Clearly stating what is included and what is excluded in the sale helps prevent misunderstandings and potential disputes in the future.
Furthermore, the contract should outline the purchase price or compensation, including any payment terms, installment schedules, or contingencies. It should specify the currency in which the payment will be made and any applicable taxes, fees, or additional costs that may be incurred during the transaction.
Additionally, the contract should cover the timeframe and conditions of the sale, including delivery or transfer dates, inspection and acceptance procedures, and any warranties or guarantees provided by either party. It should also address any contingencies or conditions that must be met before the sale can be completed.
Moreover, an effective contract writing should incorporate provisions related to the allocation of risks and liabilities. This includes clarifying who bears responsibility for loss or damage during transit or after delivery, as well as any limitations of liability or indemnification clauses that protect the parties involved.
Lastly, the contract should address dispute resolution mechanisms, such as arbitration or mediation, to provide a framework for resolving conflicts should they arise. It should also include provisions related to the termination or cancellation of the contract and any associated penalties or remedies.
In conclusion, an effective contract writing comprehensively describes all the terms and conditions to be conveyed or excluded in the sale. By addressing the aforementioned aspects in detail, the contract minimizes ambiguity, establishes clear expectations, and protects the interests of both parties involved in the transaction.
for more such questions on contract
https://brainly.com/question/27899951
#SPJ8
Problem 6-7 Recording General Journal Transactions
Juanita Ortega is the owner of Outback Guide Service. The following accounts are used to record the transactions of her business.
Answers
The general journal is a journal where transactions that relate to depreciation, adjustment entries, accounting errors, opening stock, etc are recorded.
This is an incomplete information, therefore an overview of the general journal will be given. The transactions under the general journal transactions include purchase transactions, sales transactions, cash payments, cash receipts, etc.
The steps that are involved in recording the transactions will be:
Organize the transactions.Record the journal entries.Post the journal entries to the general ledger.Prepare an adjusted trial balance.Run the financial statements.Close the book of account.Read related link on:
https://brainly.com/question/25175047
Firms making a loss will compare the losses if it shuts down to the losses if it operates in the short run. What quantity will the firm produce if it shuts down in the short run
Answers
The quantity that would be produced by a firm that shuts down in the short run is zero units.
When would a firm shut down in the short run?
The short run is a period when at least one or more factors of production are fixed and the others are variable. In the short run, if the average variable cost is greater than the price, the firm should cease production. This means that zero units of output would be produced.
To learn more about when a firm should shut down, please check: https://brainly.com/question/13034691
PLEASE HELP 25 POINTS!!! Which of the following changes can take place in the long run?
A.) Technology
B.) machinery
C.) labor force
Answers
Answer:
In the long run, all of these changes can take place. Technology, machinery, and the labor force can all be adapted and adjusted to meet the needs of the economy. Technology can be improved and updated, new machinery can be introduced, and the labor force can be shifted to focus on different industries.
Answer: All of these can be changed in the long run.
Explanation:
What was Indiana's total government expenditures in fiscal year 2018-2019? (1 point)
O $15.9 billion
O $11.9 billion
O$34.89 billion
O $34.11 billion
Answers
Indiana's total government expenditures in the fiscal year 2018-2019 is $34.89 billion. The correct option is C.
Public consumption, public investment, and transfer payments made up of capital transfers and income transfers (pensions, social benefits), collectively referred to as government expenditures, are all included in the definition of goods and services.
Fiscal policy is characterized as the strategy used by the government to carry out various economic policy goals through the use of taxation, public expenditure, and public borrowing.
Thus, the ideal selection is option C.
Learn more about government expenditures here:
https://brainly.com/question/31649187
#SPJ1
Yolanda and Mack are negotiating a contract deal for sale of goods. Yolanda offers Mack $2 per pound for Mack’s peanuts. Mack wants to sell them for $2.50. Under UCC, what happens when Mack asks for the higher amount, assuming both parties are merchants?
Mack’s offer becomes a counteroffer in this transaction, and Yolanda is the offeree.
Mack’s change of terms is incorporated into the standing deal.
Mack cannot make a new offer under UCC – he can only accept or reject Yolanda’s standing offer.
Mack’s offer negates the terms of the contract, and a new contract must be drawn up when both parties can meet.
Answers
Answer: D
Explanation:
Which trade scenario is most beneficial for a country?
А.
appreciation of the country's currency, Increase in its imports, and decrease of its exports
B. depreciation of the country's currency, Increase in its imports, and decrease of its exports
C. depreciation of the country's currency, decrease in Its Imports, and increase of its exports
D. appreciation of the country's currency, decrease in Its Imports, and increase of its exports
Answers
It should be noted that the trade scenario that is most beneficial for a country is appreciation of the country's currency, decrease in Its Imports, and increase of its exports.
What is a trade?Trade can be regarded as the means of exchange by an organization or country.
When the currency of a a country appreciate, the money will have value, export also boast the currency.
Therefore, option D is correct.
Learn more about currency at;
https://brainly.com/question/9261004
Identify and discuss the learner- centred padagogies the will make business more studies more practical to learners
Answers
The use of learner-centred pedagogies in business studies is essential to make the subject more practical to learners. PBL, Experiential Learning, and Collaborative Learning are some of the learner-centred pedagogies that can be used to achieve this goal. These pedagogies enable learners to develop practical skills, understand real-world problems, and apply business concepts in practical situations.
In business studies, several learner-centred pedagogies can be used to make the subject more practical to learners.
The first pedagogy is Problem-based Learning (PBL), which engages students in solving real-world problems. In PBL, students work in groups to identify and solve problems related to the business world. This approach helps learners understand the practical applications of business concepts.The second pedagogy is Experiential Learning, which is an immersive and hands-on approach to learning. In this approach, learners are exposed to real-world situations that allow them to apply the concepts they have learned in the classroom. Experiential learning involves internships, case studies, simulations, and role-playing exercises. This approach enables students to learn from their experiences and develop practical skills.The third pedagogy is Collaborative Learning, which is an approach that encourages students to work together in groups to achieve a common goal. In this approach, learners share their knowledge, skills, and ideas with their peers. This approach helps learners develop teamwork, leadership, communication, and problem-solving skills. It also helps them develop a deeper understanding of business concepts by learning from one another.For more such questions on Collaborative
https://brainly.com/question/29807088
#SPJ8
New York and Ohio are among the states with the most remaining drive in movie screens . New York has 4 more screens than Ohio and there are 52 screens total in the two states . how many drive in movie screens remain in each state.
Answers
Let the no. of screens in Ohio be n.
So, no. of screens New York = n + 4
Total no. of screens= 52
Finding the value of n:
n + n + 4 = 52
=> 2n + 4 = 52
=> 2n = 52 - 4
=> n = 48/2
=> n = 24
ANSWER: There are 24 movie screens in Ohio & (24+4) 28 movie screens in New York.
Hope it helps u!
5. John has two ATM transactions but only one of them has a fee (Interac). Why? ____________
Answers
Some of the reasons may be different ATM networks, Transaction details, different ATM cards, etc.
There can be several reasons why one of John's ATM transactions doesn't have a fee (Interac) while the other one does. A few of them are here:
Usage of Different ATM Networks: The two transactions might have been conducted using different ATM networks, hence why there was a fee for one and not for the other. Transaction details: The two ATM transactions might have been different or one might have crossed a limit and hence the charge. Usage of Different ATM cards: John might have used two different ATM cards, hence that's why he was charged a fee for one and not the other.Learn more about ATM transactions here:
https://brainly.com/question/30487396
#SPJ1
A promissory note can best be described as __________., a. an interest-bearing IOU, b. a guarantee of a line of credit, c. a commitment to lend money to someone, d. a government-backed bond
Answers
A promissory note can best be described as: a. an interest-bearing IOU.
What is promissory note?Promissory note can be defined as a written note that help to shows that a person who lend a money from another person promise to payback. The note contains a promise by the borrower to pay back the lender within a stipulated period of time.
A promissory note can tend to be described as IOU which full meaning is I OWE YOU which implies that a borrower is telling the lender that he/she owe the lender some certain amount of money which the borrower will have to payback.
A promissory note also contains the terms and conditions of the agreement and this terms and agreement includes the following :
The principal amountThe loan maturity dateThe interest etcTherefore we can conclude that the correct option is A.
Learn more about promissory note here:https://brainly.com/question/27132271
#SPJ1
what will cause demand to change?
Answers
At what point should consumers stop researching a product?
when the research costs more than the potential savings
when they want to make an immediate purchase
when the government does the research for them
when they know they have waited long enough to buy
Answers
Answer:
A. When the research costs more than the potential savings
This is correct on Edg :)
A consumer should stop researching a product when the research costs more than the potential savings.
What is a consumer?
A consumer is the final user of a purchased product or service. Consumers can either be an individual or group of people who purchase or use goods and services solely for personal use, and not for the manufacturing or resale.
Consumers are the people or organizations that purchase products or services. They are humans or other economic entities that use a good or service. Furthermore they do not sell on that that they bought.
They are the end-users in the sales distribution chain. A company that buys a printer for company use. The customer is the company who purchased the printer, and the consumers are the employees using the printer . The company doesn't intend to resell the printer.
Learn more about Consumers here:
https://brainly.com/question/27773546
#SPJ6
What does zero economic profit mean in a perfectly competitive market in the long run?
Answers
roles performed by
managers
Answers
Answer:
honesty, truth, trustworthy, kind, believe, self-respect
Explanation:
Al of these are the quality of a manager
Answer:
Managing the business and making sure that everything works smoothly and efficiently.
Which is not a type of contamination in a good establishment
Answers
Answer:
Explanation:
a genogram (also known as a mcgoldrick-gerson study, a lapidus schematic or a family diagram) is a pictorial display of a person's family relationships and medical history. it goes beyond a traditional family tree by allowing the user to visualize hereditary patterns and psychological factors that punctuate relationships.vb
A company purchased 10 units for $5 on January 3. It purchased 10 units for $7 each on February 28. It sold 10 units on March 1. If the company uses the last in, first out (LIFO) inventory costing method, what is the dollar amount for ending inventory on the December 31 balance sheet, assuming that the company uses a perpetual inventory system
Answers
Answer:
The dollar amount for ending inventory using the last-in-first-out method of inventory valuation is $50
Explanation:
Using LIFO,last-in-first-out method of inventory valuation,items received last into the store are deemed to be sold first, hence the sales of 10 units on March 1 was the inventory purchased on February 28, leaving the items of inventory purchased on January 3 as closing inventory
value of closing inventory using LIFO=10*$5=$50
A misconception is a misunderstanding.
O True
False
Answers
The statement ''A misconception is a misunderstanding.'' is True. A misconception refers to a misunderstanding or a mistaken belief about something.
It is a cognitive error where an individual holds an incorrect understanding of a particular concept, idea, or situation. Misconceptions can arise due to various factors such as incomplete information, misinterpretation of information, cultural influences, biases, or a lack of critical thinking. Misconceptions can be found in various domains, including science, history, language, and everyday life. They can persist even in the presence of contradictory evidence or when confronted with accurate information. Correcting misconceptions is important as they can lead to flawed decision-making, misinformation spreading, and hinder personal and intellectual growth.
Addressing misconceptions requires effective communication, education, and the promotion of critical thinking skills. By challenging and correcting misconceptions, individuals can develop a more accurate understanding of the world around them, make informed judgments, and engage in meaningful discussions based on reliable information.
For more questions on misconception
https://brainly.com/question/17220434
#SPJ8
Emersons is a chalk material that was released in the market over a century ago. Since the release, the company has had remarkable sales and Emersons has remained unchanged. However, over the last few years, sales of Emersons have been stagnant. Competitors have begun marking prices down, and increasing their advertising and sales promotions. Emersons is most likely in the ________ stage of the PLC.
a. decline
b. growth
c. incubation
d. maturity
e. introduction
Answers
a teammate tells you that you tend to take over shared projects. you've gotten this feedback from other too. what should you say? A I wish you would have mentioned this during projects. please be sure to do so on the next one. B I'm sorry you're feeling left out, I'll be sure to give you more to do on the next one. C I'm sorry maybe we can work together to divide our responsibility on the next one. D I've gotten this feedback before, I just like things done a certain way. E I'm used to leading projects, so I usually just take over without even realizing it
Answers
Answer:
C
Explanation:
even if it's unintentional we should apologize professionally
Question 1 of 10
If a product lacks necessary instructions, it is a(n)
product.
A. defective
B. express warranty
C. limited warranty
D. extended warranty
What is the answer to this