Answers
Answer:
LIFO conformity rule.
Explanation:
LIFO refers to the Last in first out method. In this inventory system, the firm sells last units at first stage and then sells according to that
According to the given situation, the LIFO conformity rule requires that the taxpayer follow the same inventory cost flow as used for tax reporting purposes in the financial statement.
Therefore the correct answer is LIFO conformity rule.
Related Questions
An agent from MoneyGram calls asking for your help. He claims a CVS Health
colleague processed a transaction was incomplete. A customer paid for a wire
transfer of $500 but only $300 was sent. He would like to you to send the
additional $200 and provides you with the information.
What should you do? (Select All That Apply)
Answers
Based on the information provided, the things which you should do include:
C. Never process transactions over the phone. Write down the caller ID information (if you have it). After you hang up, tell a management team member so they can submit a Money Product Alert form to the AML Compliance Department.
D. In an effort to encourage trust between CVS Health and our customers, see if you can locate the customer in the store to verify the claim and situation.
What is information security?Information security can be defined as a preventive practice which is typically used to protect an information system (IS) that use, store or transmit information, from potential theft, attack, damage, or unauthorized access, especially through the use of a body of technologies, encryption, frameworks, processes and network engineers.
The types of security control.In Cybersecurity, there are three (3) different types of security control and these include the following:
Physical security.Operational security.Management security.As a preventive measure to cybercrimes, it is very important for customers and service providers to avoid processing financial transactions over the phone or requesting personally identifiable information (PII).
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Complete Question:
An agent from MoneyGram calls asking for your help. He claims a CVS Health colleague processed a transaction was incomplete. A customer paid for a wire transfer of $500 but only $300 was sent. He would like you to send the additional $200 and provides you with the information.
What should you do? (Select All That Apply)
A. Ask for the origination information so you can verify it and send the additional $200.
B. Earning trust with our customers and the community is important. You should take down the information and send the $200 to the recipient as instructed.
C. Never process transactions over the phone. Write down the caller ID information (if you have it). After you hang up, tell a management team member so they can submit a Money Product Alert form to the AML Compliance Department.
D. In an effort to encourage trust between CVS Health and our customers, see if you can locate the customer in the store to verify the claim and situation.
Sam burned his hand on the stove. The burn was so bad that it permanently scarred his hand and made it hard to grip things. A doctor told him that he could fix the hand through a simple “skin-grafting” procedure. Sam and the doctor entered into a contract to have the surgery for $1,200. After the surgery, Sam’s hand worked perfectly, but he grew hair out of the palm of his hand. Even though he tried waxing his hand and using Nair, he was not able to stop the hair from growing. Did the doctor breach the contract by giving Sam a hairy hand? If so, why, and what should the court do about it?
Answers
Which of the following will be needed to adapt to the changing landscape of business in the United States? Check all that apply.
Identification of specific geographic population centers
Improved intercultural communication skills
Growing minority population
Answers
The following will be needed to adapt to the changing landscape of business in the United States;
Identification of specific geographic population centers
Improved intercultural communication skills
Growing minority population
Hence, all the above are applied.
What is changing landscape of business?A Business Landscape is a related representation of the most important features that make up a business and work together to achieve something of value. There are no restrictions on what can be defined in a landscape. Hence, an overturn or negative or positive development on those features that inform a business is said to be the changing landscape of business.
Therefore, the correct answer is as given above
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In addition to telling readers why an illustration is important, why else should you refer to it in the text of your document?
Answers
Answer:
To assist the readers to relate objects and actions with texts.
Explanation:
Aside from telling readers why an illustration is important, the other reason you should refer to it in the text of your document is "to assist the readers to relate objects and actions with texts."
This is evident in the fact that illustration in a text is a means of presenting a graphical representation of ideas, processes, or theories to aid or give elaborate meaning to what is written.
Which type of online marketing uses storytelling and information sharing to increase brand awareness?
A- Search Engine Optimization (SEO)
B- Pay-Per-Click (PPC)
C- Content Marketing
D- Mobile Marketing
E- Affiliate Marketing
Answers
The list price of an item is $96.60. The supplier is offering a series trade discount of 10/10/19. Find the net cost.
The net cost of the item is $
(Round to the nearest cent as needed.)
Answers
The net cost of the item, after applying the series trade discount, is $63.41.
To calculate the net cost of the item, we need to apply the series trade discount provided. The series trade discount is given as 10/10/19, which means there are three successive discounts applied.
Let's break down the discounts:
The first discount is 10%.The second discount is 10%.The third discount is 19%.To find the net cost, we need to calculate the price after each discount.
Step 1: Apply the first discount of 10%
List price - (10% of list price)
List price - (10/100 * List price)
List price - 0.1 *
List price = 0.9 * List price
Step 2: Apply the second discount of 10%
0.9 * List price - (10% of 0.9 * List price)
0.9 * List price - (10/100 * 0.9 * List price)
0.9 * List price - 0.09 * List price
0.81 * List price
Step 3: Apply the third discount of 19%
0.81 * List price - (19% of 0.81 * List price)
0.81 * List price - (19/100 * 0.81 * List price)
0.81 * List price - 0.1539 * List price
0.6561 * List price
Now, to find the net cost, we multiply the list price by the result of the series of discounts:
Net cost = List price * 0.6561
Given that the list price is $96.60, we can calculate the net cost:
Net cost = $96.60 * 0.6561
Calculating this, we find:
Net cost = $63.41 (rounded to the nearest cent)
Therefore, the net cost of the item, after applying the series trade discount, is $63.41.
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One problem with using email is that
Answers
Answer:
On emails you could be introduced to virus's that can enter your computer! Which is why most people fo not open emails from random strangers.
Explanation:
not sure if this is the answer you're looking for, but hope it helps!
WILL GIVE BRAINLIEST ANSWER!
If your FICA tax rate is 7.65% and your Social Security rate is 6.2%, then what is the
Medicare tax rate?
Answers
Answer:
1.45%
Explanation:
FICA tax is composed of Social security tax and medicare tax.
Therefore, FICA = social security + medicare
FICA = 7.65%, and social security = 6.2%
7.65% = 6.2% + medicare
Medicare = 7.65% - 6.2%
Medicare = 1.45%
Basics Ltd reported current liabilities of R3 000 and a quick ratio of 1,2. The company has current assets of R6 000. If the company reports the cost of goods sold at R4 000 for the given year, what is the inventory turnover?
Answers
The inventory turnover for the given year is 3.33, calculated by dividing the cost of goods sold by the average inventory of R1200.
To calculate the inventory turnover, we first need to determine the inventory value. We can use the quick ratio formula to find the inventory amount.Quick ratio = (Current assets - Inventory) / Current liabilitiesRearranging the formula, we have: Inventory = Current assets - Quick ratio * Current liabilitiesSubstituting the given values, we have:Inventory = R6000 - 1.2 * R3000Inventory = R6000 - R3600Inventory = R2400The inventory value is R2400. To calculate the inventory turnover, we divide the cost of goods sold by the average inventory. In this case, the cost of goods sold is given as R4000. The average inventory is the sum of the beginning and ending inventory divided by 2. Since we don't have information about the beginning and ending inventory, we can assume they are equal, resulting in an average inventory of R2400/2 = R1200.Inventory turnover = Cost of goods sold / Average inventoryInventory turnover = R4000 / R1200Inventory turnover = 3.33Therefore, the inventory turnover for the given year is 3.33.For more questions on inventory
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Principles of Investment
Assignment Active
Monetary Policy and Investments
Juan is always researching different investment options.
A few weeks ago he noticed some nice homes for sale in
his neighborhood. The listed prices were below market
value. Today on the news he heard that the Federal
Reserve lowered interest rates for banks and that banks
have lowered interest rates for home mortgages in turn.
As a result, there has been a huge boom in the number of
people purchasing homes.
What is most likely to happen as a result of the
change in interest rates?
O Housing prices will go up and down due to
changing fiscal policy.
O The market will experience more demand and the
price of houses will go up.
O The price of houses will go down in response to the
decreased demand.
O The prices for homes in that area will be stable due
to the new monetary policy.
4
Answers
As a result of the decrease in interest rates, Option B. The market will experience more demand, and the price of houses will go up.
The demand for houses will go up and housing prices will increase, causing individuals who were on the fence about buying a house to act swiftly before prices rise too much. As a result, housing sales are expected to surge. Lower interest rates, on the other hand, are often linked to increased borrowing and spending in the economy. Because borrowing money is now less expensive, more people are more willing to do so and the money supply in circulation rises.
The decrease in interest rates could cause more individuals to be more willing to purchase a home due to lower interest rates and more affordable mortgage payments. Lowering interest rates for banks and home mortgages, as well as lowering the cost of borrowing, encourages more people to buy houses, resulting in a greater demand for homes and, in turn, driving up the prices of homes.
As a result, option B is correct: the market will experience more demand, and the price of houses will go up. Therefore, the correct option is B.
The question was incomplete, Find the full content below:
Juan is always researching different investment options. A few weeks ago he noticed some nice homes for sale in his neighborhood. The listed prices were below market value. Today on the news he heard that the Federal Reserve lowered interest rates for banks and that banks have lowered interest rates for home mortgages in turn. As a result, there has been a huge boom in the number of people purchasing homes. What is most likely to happen as a result of the change in interest rates?
A. Housing prices will go up and down due to changing fiscal policy.
B. The market will experience more demand and the price of houses will go up.
C. The price of houses will go down in response to the decreased demand.
D. The prices for homes in that area will be stable due to the new monetary policy.
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help meh plsssssssssssssssssssssss
Answers
1. Consumer markets consist of
individuals that buy goods and services to resell.
companies that produce products to sell to consumers.
households that buy goods for personal consumption.
government agencies that buy goods to produce public services.
(50 points) (GradPoint)
Answers
Paul’s grocery received 1,000 pounds of onion at $0.11 per pound. On the average, 3% of the onions will spoil before selling. Find the selling price per pound to obtain a makeup rate of 180% based on cost.
Answers
The selling price per pound for onions to obtain a makeup rate of 180% based on cost is $2.0350.
What is the selling price per pound for onions?Total Cost = Quantity * Cost per pound
Total Cost = 1,000 pounds * $0.11/pound
Total Cost = $110
Spoilage Quantity = 3% of Quantity
Spoilage Quantity = 3% of 1,000 pounds
Spoilage Quantity = 0.03 * 1,000 pounds
Spoilage Quantity = 30 pounds
Effective Quantity = Quantity - Spoilage Quantity
Effective Quantity = 1,000 pounds - 30 pounds
Effective Quantity = 970 pounds
Makeup Rate = 180%
Selling Price per pound:
= (Total Cost * Makeup Rate) / Effective Quantity
= ($110 * 1.80) / 970 pounds
= $2.03505/pound.
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Choose the term that best matches the description given.
A marketing term that refers to factors that affect a firm's ability to maintain successful relationships is called the
Answers
marketing strategy I believe
Answer:
Marketing environment
Explanation:
trusssssst
The biotech company Olderna has developed a new coronovirus vaccine it calls bug-b-gone or BBG. Unfortunately, it requires a fermentation process involving iguana eggs, making the marginal cost of the vaccine quite high. The cost function for doses of BBG is C(q) = 5,000 + 0.1q2 (where q is millions of doses). Demand for the vaccine in the US is projected to be D(p) = 90 - 5p, again in millions of doses. That means inverse demand, p(Q) = 18 - 0.2 Q. Part 1. Assume Oderna has a patent on the vaccine? How many (million) doses should it produce if it is maximizing profits from BBG? It should produce q = million doses. Part 2. What is the producer surplus of Olderna at the monopoly price and quantity? The PS will be million.
Answers
Answer:
1. q = 60 million doses
2. 360 millions
Explanation:
Given that:
The cost function C(q) = 5,000 + 0.1q²
Then, the Marginal cost MC = \(\frac{dC}{dq} = 0.2 \ q\)
Again, inverse demand curve p(q) = 18 - 0.2 q
Then the total revenue TR = \(p*q = 18 -0.2q^2\)
Also; the marginal revenue MR = \(\frac{dTR}{dq}\)
= 18 - 0.1q
In the bid to maximize profits from BBG; MR = MC
i.e
18 - 0.1 q = 0.2 q
0.3 q = 18
q = 18/0.3
q = 60 million doses
At the profit maximizing output, the price charged will be equal to :
\(\mathbf{p_m = 18-(0.2*60)} \\ \\ \mathbf{p_m = 18-12} \\ \\ \mathbf{p_m = 6\ dollars \ per \ dose}\)
Thus; producer surplus of Olderna at the monopoly price and quantity = price × quantity
= $6 × 60 millions
= 360 millions
What should you do to streamline the purchasing process once the customer approves an estimate?
Answers
You should copy it to a purchase order.
I hope this helps!!!
Expenses like rent, transportation, and advertising are part of a business____ account, because they are fictitious
Answers
Answer:
nominal
Explanation:
One of the assumptions underlying the production possibilities curve (or
production possibilities frontier) for any given economy is that
A. all societies will choose to operate at a point inside the curve
B. there is full employment of resources when the economy is on the
curve
C. goods can be produced outside the curve.
D. there is an unlimited supply of resources.
E the state of technology changes
Answers
Resources are fully utilized when the economy is on the production possibility curve. Therefore, option B is correct.
What is the Production possibility curve?The production possibilities curve displays different production volume combinations for two items utilizing fixed resources. The idea is that if the production of one commodity rises, the output of the other will fall.
The essential assumptions of the production possibility curve are: Resources are provided and don't change. The technology employed in the manufacturing process doesn't change. The resources are effectively and completely used.
The Production possibility curve is useful for demonstrating the ideas of scarcity, opportunity cost, efficiency, and economic development and contraction.
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Classify the following topics as relating to
microeconomics or macroeconomics.
a. a family’s decision about how much income to save
b. the effect of government regulations on auto emissions
c. the impact of higher national saving on economic growth
d. a firm’s decision about how many workers\to hire e. the relationship between the inflation rate
Answers
Classify the following topics as relating to microeconomics or macroeconomics.
Microeconomics:
A family’s decision about how much income to save.A firm’s decision about how many workers\to hire.Macroeconomics:
The effect of government regulations on auto emissions.The impact of higher national saving on economic growth is a topic The relationship between the inflation rate.According to economics, there are two types of economics: macroeconomics and microeconomics.
Macroeconomics is the study of aggregates like unemployment, growth rate, inflation, populace, and GDP. The International Monetary Fund, or IMF, is also interested in macroeconomics.
As a result, the significance of the microeconomics or macroeconomics are the aforementioned.
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Question 4 of 10
Charging a lower price per unit for purchases of more units is called a
A. seasonal discount
B. quantity discount
C. sale price
D. stocking allowance
Answers
Question 8 of 10
Most applications will ask you to provide all of the following information
except.
OA. days and hours that you are available to work.
B. the date you can start work.
OC. how long you want to work for the establishment,
OD. your desired salary or wage.
SUBMIT
Answers
Most applications will ask you to provide all of the following information except C. how long you want to work for the establishment,
What is the essence of applications?Application can be described as the way o0f applying fo one job or the other in a paricular organization so that one can start job with tem.
It should be noted that during the application, there are different question that needed to be answered which could be differ from one organization to the other, such as days and hours that you are available to work as well as desired salary or wage in the organization.
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Assume that one year ago, you bought 340 shares of a mutual fund for $36 a share, you received a capital gain distribution of $0.55 per share during the past 12 months, and the market value of the fund is now $40 a share.
a. Calculate the total return for your $12,240 investment.
Answers
The total return on this mutual fund investment is $12,427.
Total return on investment refers to the total profit or loss on an investment, including any capital appreciation and dividends or distributions received.
Here's how to calculate the total return on a mutual fund investment:
Step 1: Calculate the total initial investment by multiplying the number of shares by the purchase price per share. For this investment, the total initial investment is: 340 shares x $36/share = $12,240.
Step 2: Add any capital gain distributions received during the investment period. In this case, the capital gain distribution per share is $0.55, so the total capital gain distribution received is: 340 shares x $0.55/share = $187.
Step 3: Calculate the current market value of the investment by multiplying the number of shares by the current market price per share.
In this case, the current market value is: 340 shares x $40/share = $13,600.
Step 4: Add any dividends or interest payments received during the investment period, if applicable.
If no dividends or interest payments were received, skip this step.
Step 5: Calculate the total return by adding the initial investment, capital gain distributions, and dividends or interest payments (if applicable), and then subtracting any fees or commissions paid during the investment period.
In this case, the total return is: $12,240 + $187 = $12,427.
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difference between white collar job and blue collar job?
Answers
Answer:
Kindly check explanation
Explanation:
White and blue collar jobs are usually differentiated in terms of the job setting or environment in which each group of job is undertaken. The white collar jobs are job categories whereby staffs often work in offices such that most of the duties performed are on computers or writing. This may include ; banking, clerical and administrative jobs and other related job fields.
Blue collar jobs in the other hand could be described as being less formal as it Involves most of the business or trade related job types whereby individuals could be seen undergoing laborious jobs. This jobs may be skilled or unskilled and the job types include cost uctjoj workers, artisans, mechanics, electctricians and so on.
Blue collar jobs cannot keep the sort of tidy outlook white collar job do keep due to the nature of their work. Hence, this palys a role in the name given as blue clothes are often more accommodation of dirt or stain than white garments.
what is organizational behavior in a organization
Answers
Answer:
Organizational behavior is the academic study of how people act inside of groups. Its principles are applied primarily in attempts to make businesses work more efficiently
Answer:
the academic study of how people act within groups
Explanation:
Gilberto is a talented artist who sells hand-crafted goods on his website. Gilberto currently crafts and sells both crochet hats and embroidered sweaters. He spends 8 hours a day working on crafts. The following table gives different daily output scenarios depending on how much of his time is spent on each good.
Answers
The circle symbols on the graph that are colored blue indicate the initial production possibilities frontier of Gilberto.
What happens if Gilberto was producing knit caps?If Gilberto dedicates all his time to producing knit caps, he can make up to 8 per day, or he can make up to 20 pillows per day if he solely focuses on making pillows.
Unfortunately, due to his limited working hours of only 8 per day, he is unable to manufacture a total of 8 knitted hats and 20 cushions daily.
The production possibilities frontier (PPF) displays the various pairings of knit caps and pillows that Gilberto is capable of manufacturing within a day.
While boosting the production of knitted caps, Gilberto would have to cut down on the production of pillows. The reason for this is that his work time is restricted. By choosing to produce an additional knit cap, the sacrifice is the ability to produce one less pillow.
The concept of opportunity cost can be better comprehended with the aid of the PPF. This indicates that in order to increase the production of a particular item, we must sacrifice the production of another item. Gilberto would need to sacrifice the production of some pillows if he aims to increase the output of knit caps.
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Gilberto is a talented artist who sells hand-crafted goods on his website. Gilberto currently crafts and sells both knit caps and pillows. He spends 8 hours a day working on crafts. The following table gives different daily output scenarios depending on how much of his time is spent on each good.
Choice
Hours Crafting
Produced
(Knit caps)
(Pillows)
(Knit caps)
(Pillows)
A 8 0 4 0
B 6 2 3 10
C 4 4 2 16
D 2 6 1 19
E 0 8 0 20
On the following graph, use the blue points (circle symbol) to plot Gilberto's initial production possibilities frontier (PPF).
Analyze this sample W-2 and answer the questions that follow.
Answers
When this form is sent to Lily by the end of January, she will use it to c. File her income taxes
What is the W-2 form?The W-2 form is a form that is sent to all employees and the Internal Revenue Service by the employers.
The intent of this form is to declare the annual wages of the employee and the taxes that they are meant to pay to the government. This is why the form is sent to Lily at the end of January and she will use it to file her income tax.
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Complete Question:
1. This form will be sent to Lily by the end of January. She will use this W-2 form to...
a.Obtain employment
b.Receive her paycheck
c.File her income taxes
d.Begin her retirement savings
t and Businesses
10
Select the correct answer.
George works in a factory and is a member of the labor union. He thinks his wages are low for the work that he does, so he tells the union
representative that his employer should increase his wages. The representative asks the other workers if they feel the same, and they all agree. The
following week, the union representative met with the factory owner regarding an increase in wages, and the employer agreed to it. What strategy did
the union use to get the owner to agree to increase wages?
OA. individual bargaining
B. threaten to go on a strike
OC. collective bargaining
D. threaten to quit their jobs
OE. filing a petition to the government
Reset
Next
Answers
Answer:
Among the options given on the question the correct answer is option OC.
Collective bargaining.
Explanation:
On the passage there is description of the demand of a worker to raise the wage. George thought that he need a rise in his salary. So he talked to the workers union representatives about increasing the salary. The union representative asks the other workers to know their consent. Here, George did not go to the employer by himself. he went through the union. Another point is that, the union representative also heard about the consent or feeling of the other workers.
After all of them being agreed, the union representative met the owner of the factory and asked the owner to increase the wage. The owner also agreed to the union representative. Because it was the demand of all of the workers. Therefore, it was a collective bargain for the union representative to the factory owner.
Hope it help!
Compare two different companies' products or services within the same industry.
Describe the one with great service experiences and the other with poor service experiences that you have encountered. What were the variables/differentiators that, in your mind, separate the two companies?
Answers
Answer:
The telecommunication company Jio has better plan availability and very affordable prices.
Explanation:
The companies we take are from Telecommunication industry that is Jio and Airtel.Jio has better voice and data plans in affordable rate whereas Airtel provides plan at expensive rate.Variable that I took while differetiating are affordability and better Option availability.Thus to conclude, Jio provides better product variety as compare to their counterpart.
what's your favorite subject in school?
Answers
Answer: Science
Explanation:
___________ is a way of saving a file so it can be used by a different program. A. Selecting B. Exporting C. Citing D. Formatting Please select the best answer from the choices provided A B C D Mark this and return
Answers
Answer:
B. Exporting
Explanation: