company uses lifo and prices are rising, purchase more inventory near the end of the reporting period will:
Answers
A company that uses LIFO (Last In, First Out) method for inventory valuation assumes that the most recently acquired items are sold first.
When prices are rising, the cost of goods sold (COGS) will be higher because the older, lower-priced inventory will be used first.
Therefore, to reduce the impact of rising prices on COGS, a company may choose to purchase more inventory near the end of the reporting period.
This will increase the amount of higher-priced inventory in the system, and consequently, lower the COGS, thereby reducing the tax liability.
However, it is important to note that this strategy may also increase the company's working capital requirements and may affect its cash flow.
Therefore, the decision to purchase more inventory should be made after considering all the relevant factors, and the company should weigh the costs and benefits before making a final decision.
In summary, purchasing more inventory near the end of the reporting period can help reduce the impact of rising prices on COGS, but it should be done after careful consideration of all the relevant factors.
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Related Questions
Item 12 Time Remaining 33 minutes 38 seconds00:33:38 Employees who experience negative organizational politics have all of the following, EXCEPT:
higher motivation to leave the organization.
lower organizational commitment
lower organizational citizenship.
higher levels of work-related stress.
higher job satisfaction.
Answers
Employees who experience negative organizational politics have all of the following, EXCEPT higher job satisfaction. Negative organizational politics can have detrimental .
effects on employees and their perception of the organization. It is commonly associated with lower motivation to remain in the organization, lower organizational commitment, lower organizational citizenship behavior, and higher levels of work-related stress. However, it is unlikely to result in higher job satisfaction, as negative organizational politics can create a negative work environment and diminish overall satisfaction with one's job.
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What determines whether your debt is positive or negative?
a flip of a coin
a determination by your banker
the age of the debt
the amount of your gross income dedicated to paying it down
Answers
which of the following activities would be most likely to make your change successful? check all that apply. gathering a group of managers to support the change so that no matter who your employees ask about the change, they will get the same answers rewarding your employees every time they are successful at some small part of the change, and making sure others know about these successes letting your employees know how their new jobs will use the skills they acquired in their old jobs explaining to your employees how the change will benefit them, as well as benefiting the company as a whole
Answers
Informing your staff of how their previous jobs will be put to use in their new positions.
describing to your staff how the change will be advantageous to both them and the business as a whole.
How can you help your staff advance their careers by upskilling them?Consistent communication is one technique to encourage professional development. Set up frequent staff meetings for receiving input. You could, for instance, hold team meetings, weekly one-on-one sessions, quarterly town halls, and monthly newsletters.
How do you help staff members grow their skills?Prepare yourself for success right away.
Set a positive example and promote personal growth.
Develop personal development plans.
Choose performance measures.
Simulate circumstances.
Regularly provide feedback.
Transfer responsibility.
Exercise in different sports.
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Barnaby is applying for insurance for his new home. Which of the following is correct?
A. He should base the amount of insurance on the price he paid for it.
B. He should insure the building for 75% of its replacement cost.
C.
He should use the actual cash value method for settling claims to receive the full cost of repairing or
replacing his personal belongings.
D.
His personal belongings should automatically be covered with his home at 125% of his home's insured
amount.
E. His policy should automatically increase coverage as construction costs rise.
Answers
When insuring a home, Barnaby's policy should automatically increase coverage as construction costs rise. Option E is correct.
When applying for insurance for a new home, it is important to determine the appropriate amount of insurance coverage. Insuring the building for 75% of its replacement cost is a common guideline recommended by insurance professionals.
The replacement cost refers to the amount it would take to rebuild the home in the event of a total loss. Insuring the building for 75% of the replacement cost helps to ensure adequate coverage for rebuilding expenses without overpaying for unnecessary coverage.
Therefore, option E is correct.
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Partnerships formed between partners operating in the same business area are called:
Answers
The Partnerships which are formed between partners operating in the "same-business" area are called as the horizontal partnerships.
The "horizontal" type of partnership involves two or more businesses that are in the same industry or offer similar products or services, and come together to achieve a common goal.
The Horizontal partnerships can take different forms, such as strategic alliances, joint ventures, or co-marketing agreements.
These partnerships allow businesses to pool their resources, share expertise, and benefit from each other's strengths, such as distribution channels, customer base, or technology.
By collaborating with other businesses in the same industry, companies can increase their competitiveness, reduce costs, and expand their reach in the market.
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The average life expectancy of which type of economy is generally very high?
A.
economies with a high HDI and GDP
B.
economies with a low HDI and GDP
C.
economies with a high GDP
D.
economies with a low GDP
E.
economies with a high PPP only
Answers
Answer:
c
Explanation:
im not 100% sure but i think c is the one
***98 POINTS *** someone please help
Answers
Answer:
There are benefits and drawbacks to command economy structures. Command economy advantages include low levels of inequality and unemployment, and the common good replacing profit as the primary incentive of production. Command economy disadvantages include lack of competition and lack of efficiency.
Explanation:
f the Net Operating Income of a commercial property is $840,000 and the Capitalization Rate is 8.75% what is the estimated value of the property
If the Gross Rent Multiplier of a single-family dwelling unit is 130 and the Monthly Market Rent is $1,750 what is the estimated value of the property?
If the annual gross income from an apartment project is $40,000 and the gross income multiplier is 6.2 what is the estimated value of the property?
ASAP PLS HELP
Answers
Answer: See explanation
Explanation:
a. Net Operating Income = $840,000
Capitalization Rate = 8.75%
The estimated value of the property will be:
= Net Operating Income / Capitalization Rate
= $840,000 / 8.75%
= $840,000 / 0.0875
= $9,600,000
b. The estimated value of the property will be:
= Gross rent multiplier × Annual market rent
= 130 × (1750 × 12)
= $2,730,000
c. The estimated value of the property will be:
= Gross income multiplier × Annual gross income
= 6.2 × $40,000
= $248,000
As the demand for goods and services decreases, job growth
a. increases
b. decreases
c. remains the same
d. none of the above
Please select the best answer from the choices provided
Answers
The growth of jobs declines when the demand for products and services declines. Therefore. option(b): "decreases" is the correct answer.
This movement of increases and decreases related to demand and job growth is related to cyclic unemployment.
An economy's demand for products and services often drops when GDP growth slows, which in turn raises cyclical unemployment.
The demand for labor will rise or shift to the right as the demand for goods and services rises in order to meet the demands of employers for production.
Therefore, option (B): "decreases" is the correct movement of job growth according to a decrease in demand for goods and services.
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The demand for a product for the last six years has been 15, 15, 17, 18, 20, and 19. The manager wants to predict the demand for this time series using the following simple linear trend equation: trt = 12 + 2t. What are the forecast errors for the 5th and 6th years?
0, −3
0, +3
+2, +5
−2, −5
−1, −4
Answers
The forecast errors for the 5th and 6th years, based on the given simple linear trend equation, are -1 and -4, respectively.
To calculate the forecast errors for the 5th and 6th years, we need to compare the actual demand values with the predicted values based on the simple linear trend equation.
- Demand for the last six years: 15, 15, 17, 18, 20, and 19.
- Simple linear trend equation: trt = 12 + 2t, where t represents the time period.
We can calculate the predicted demand for each year by substituting the corresponding time period (t) into the trend equation.
For the 5th year (t = 5):
tr5 = 12 + 2 * 5 = 12 + 10 = 22
For the 6th year (t = 6):
tr6 = 12 + 2 * 6 = 12 + 12 = 24
Now, we can calculate the forecast errors by subtracting the predicted demand from the actual demand for each year.
For the 5th year:
Forecast error = Actual demand - Predicted demand
= 20 - 22
= -2
For the 6th year:
Forecast error = Actual demand - Predicted demand
= 19 - 24
= -5
Therefore, the forecast errors for the 5th and 6th years are -2 and -5, respectively.
Hence, the correct answer is:
Forecast errors for the 5th and 6th years: -2, -5.
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Cost of Goods Manufactured and Sold LeMans Company produces specialty papers at its Fox Run plant. At the beginning of June, the following information was supplied its accountant: During June, direct labor cost was $147,500, direct materials purchases were $334,500, and the total overhead cost was $379,400. The inventories a Required: 1. Prepare a cost of goods manufactured statement for June. 2. Prepare a cost of goods sold schedule for June.
Answers
A cost of goods manufactured statement lists the expense components that go into the production of the products manufactured by a company. Cost of Goods Sold (COGS) represents the costs that a company incurs to manufacture and sell its goods.
In this answer, I will prepare a cost of goods manufactured statement and cost of goods sold schedule for June for LeMans Company producing specialty papers at its Fox Run plant. Solution 1) Cost of Goods Manufactured Statement for June Direct Materials Purchases $334,500 Direct Labor Costs $147,500 Manufacturing Overhead:
Indirect Labor $65,000
Rent $18,000
Utilities $26,000
Depreciation $40,000
Total Overhead $149,000
Total Manufacturing
Costs $631,000
Work in Process (Beginning) $18,000
Work in Process (Ending) -$5,000
Cost of Goods Manufactured $644,000
Solution 2) Cost of Goods Sold Schedule for June Beginning Finished Goods Inventory $42,000 Add: Cost of Goods Manufactured $644,000
Goods Available for Sale $686,000
Less: Ending Finished Goods Inventory -$52,000
Cost of Goods Sold $634,000.
Therefore, the cost of goods manufactured for June for LeMans Company producing specialty papers at its Fox Run plant was $644,000 and the cost of goods sold for June was $634,000.
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Which one of the following is not true about Secondary Data as you gather information a. Secondary data is often available and at a lower cost than obtaining Primary data b. Secondary exists somewhere- usually found in databases c. Government open-source free data may be a useful source of Secondary data d. Secondary data is preferable to primary data
Answers
Out of the given options, the statement that is not true about Secondary Data is that secondary data is not always preferable to primary data. Option d is correct.
While secondary data can be more cost-effective and easier to obtain, it may not always be the most accurate or relevant to the research question at hand. Primary data, on the other hand, is collected specifically for the research study and can provide more in-depth and specific information. However, primary data collection can be time-consuming and expensive. Therefore, the choice between secondary and primary data depends on the research objectives, resources, and limitations.
Secondary data refers to information that has already been collected by someone else for their own purposes and is available for others to use. It includes data from various sources such as government agencies, research organizations, academic institutions, and commercial companies. Secondary data exists somewhere and is usually found in databases, which can be accessed through various means. Government open-source free data may be a useful source of secondary data as it is often reliable and unbiased. Additionally, secondary data is often available at a lower cost than obtaining primary data, making it a popular choice for researchers.
Option d is correct.
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A certificate of indebtedness that specifies the obligations of the borrower to the holder is called a:.
Answers
A certificate of indebtedness that specifies the obligations of the borrower to the holder is called a bond.
Bonds are long-term debt securities, under which the issuer owes the holders a debt and is obliged to repay the bondholders the principal amount at the maturity date, as well as the interest over the life of the bond.
Most bonds have a fixed interest rate, which means that the interest rate does not change over the life of the bond. A bond is a more elaborate version of an IOU: it details the terms of the loan, including the principal amount, the interest rate, and the time period during which the borrower must repay the bond's face value. In addition, the bond may have covenants that define the borrower's obligations, such as making timely interest payments and maintaining a certain debt-to-equity ratio.
The bond may be secured by a pledge of collateral, which gives bondholders priority over other creditors in the event of default. Unsecured bonds are also available, but they are riskier because they are not backed by collateral, making them subordinated debt.
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Soft skills 2 sentences that will help
Answers
Answer:
Include the terms most closely related to the job in your resume, especially in the description of your work history. Highlight Skills in Your Cover Letter: You can incorporate soft skills into your cover letter. Include one or two of the skills mentioned here, and give specific examples of instances when you demonstrated these traits at work
Explanation:
3. ______ are defined as goods or services that are required for health and safety.
Answers
Occupational Health and Safety are defined as goods or services that are required for health and safety. Information standards are guidelines governing the information that must be provided to consumers when they purchase specific goods.
What is the safety of goods?A safe product is one that delivers either no risk or a minimum tolerable level of risk, taking into account the product's typical or reasonably foreseeable use and the need to maintain a high level of consumer protection.
Occupational health and safety is a multidisciplinary discipline that deals with all elements of workplace health and safety, with a heavy emphasis on preventing workplace dangers.
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Annoying isn't it. When people purposely answer your question when they know it's completely useless. Kinda like how I specifically told people NOT to answer the questions I asked because I was doing an experiment, and every time I did that, two people purposely answered my question when they were told not to.
People are d. i. c. k. s.
Answers
Answer:
wow
Explanation:
I'm gonna type a random answer
Cyclone Industrial Inc. offers a 5% coupon bond with annual coupons. The yield-to-maturity is 4% and the maturity date is 10 years from today. How does the bond's value compare with the par value? a The bond's value is lower than the par value. b The bond's value is higher than the par value. c The answer cannot be determined unless the par value is given. d The bond is trading at par.
Answers
Based on the information given, we can conclude that the bond's value is higher than the par value. This is because the yield-to-maturity (4%) is lower than the coupon rate (5%).
When the yield-to-maturity is lower than the coupon rate, it means that the bond is in high demand and investors are willing to pay more than the par value to receive the coupon payments and the principal at maturity. Therefore, the correct answer is b) The bond's value is higher than the par value. This is because the coupon rate (5%) is higher than the yield-to-maturity (4%), indicating that the bond is paying more interest than the market requires. As a result, investors would be willing to pay more for this bond, causing its value to be higher than the par value.
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Select the answer corresponding to the correctly written sentence.
(3 points) Group of answer choices
A) Each of the employees were happy about the new policy.
B) Each of the employee's was happy about the new policy.
C) Each of the employees was happy about the new policy.
D) Each of the employees' was happy about the new policy.
Answers
C) Each of the employees was happy about the new policy.
In this sentence, "employees" is the correct plural form, and "was" agrees with the singular verb form. The sentence indicates that every individual employee (each employee) was happy about the new policy. The subject "each" is followed by a singular noun, so the verb should also be singular.
The correct sentence is "Each of the employees was happy about the new policy." Here, the word "employees" indicates a group of individuals, and "was" agrees with the singular form of "each." Using the plural verb "were" (option A) or possessive form "employee's" (option B) would be grammatically incorrect. The correct sentence acknowledges the individual happiness of each employee regarding the new policy.
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A neighbor’s kid comes into your backyard and jumps on the trampoline without your permission or knowledge. He falls off and lands on his head, resulting in a week’s hospital stay.
Answers
The first step should making sure such child receives proper medical attention. When he is well, we can have a conversation with the neighbor to prevent it from happening again..
What should be done in the event?It is very important to prioritize the child's health in this situation and once the medical attention has been sought, we can have a calm and respectful conversation with the child's parent to discuss the incident for future interactions.
One can also review any legal liabilities or insurance policies that could be involved. So, by taking proactive steps to prevent similar incidents in the future can help maintain positive relationships with neighbors while ensuring everyone's safety.
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True or false: An EAP only contains information on what happens during an emergency.
Answers
the central bank can reduce the level of credit by
Answers
Answer:it can increase the reserve requirements
Explanation:
Assume oil prices rise in the United States, generating concerns that inflation may increase. If the Fed wishes to ensure that inflation does not get out of hand, the Fed could Multiple Choice intervene in the currency markets to push the value of the dollar down. decrease the discount rate. lower the target Fed funds rate. lower the target money supply growth rate. reduce reserve requirements at banks.
Answers
If the Fed wishes to ensure that inflation does not get out of hand, the Fed could lower the target money supply growth rate.
Inflation is when the general price levels in an economy increases persistently overtime. The policy tools that the Fed can use to control general price levels in the economy is known as monetary policy.
There are two types of monetary policy :
Expansionary monetary policy : these are steps taken by the Fed to increase the supply of money in the economy. These steps include reducing the target Funds rate, decreasing the reserve requirements and carrying out open market purchase. Contractionary monetary policy : these are steps taken to reduce the money supply in the economy. These steps include reducing the target money supply growth rate and carrying out an open market sales.To learn more about monetary policy, please check: https://brainly.com/question/15566475?referrer=searchResults
what is democracy????
Answers
Explanation:
a system of government by the whole population or all the eligible members of a state, typically through elected representatives.
Answer:
A system in which government is selected by the citizens....
1. These are the materials for processing to come up with finished profucts
a. product
b. output
c. input
2. What is the most likely cause of failure of Filipino entrepreneurs?
a. Crab mentality
b. weakness
c. failure to meet the deadline
Answers
Answer:
b and c
Explanation:
Because of lack of communication and experience with being a entrepreneur. Plus you have to aggressive to be a business person to get the job one on time.
2) ......
_____________ discipline sets forth clear but general steps that must be completed for all infractions.
Question 1 options:
Regimented
Organizational
Progressive
Sequential
Answers
The discipline that sets forth clear but general steps that must be completed for all infractions is called progressive discipline. Progressive discipline is a step-by-step approach to corrective action that is designed to be preventative and corrective.
When an employee violates company rules or policies, the disciplinary procedure commences. The first level of the disciplinary procedure is usually a verbal warning or counseling by the employee's immediate supervisor. If the employee repeats the infraction, a written warning is issued, followed by more serious disciplinary action such as suspension or termination if the behavior does not improve. Progressive discipline is used as a way to help employees understand the rules, provide a fair and consistent approach to discipline, and prevent any legal action against the company. Furthermore, the use of progressive discipline is important because it helps employees improve and maintain their job performance, and protects the employer's interests and reputation.
In conclusion, progressive discipline is a step-by-step approach that all infractions must go through for employees to correct their performance or behavior problems. It is important because it helps employees improve their job performance and maintain a safe and productive work environment.
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An information system can enhance core competencies by: O providing better reporting facilities. O creating educational opportunities for management. O allowing operational employees to interact with management. O encouraging the sharing of knowledge across business units.
Answers
An information system can enhance core competencies by encouraging the sharing of knowledge across business units.
Business refers to the activity of making, buying and reselling goods to support oneself financially. It also includes "activities or operations carried out for profit."
The use of a trade name does not legally distinguish between a business entity and an owner, so the business owner is responsible for all company obligations. If the company becomes indebted, creditors can seize the owner's private property. Corporate tax rates are not allowed in company structures. All commercial income is subject to personal taxation by the owner.
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6. He is not a skilled worker. He
doesn't ............... much.
win
gain
earn
pay
afford
Answers
Answer:
earn .
He is not a skilled worker. He doesn't earn much.
Explanation:
He doesn't earn much.....
The yield curve normally has an upward slope due to risk premiums, what is a downward sloping yield curve a strong indication of?
Why are long-term bond prices usually more sensitive to interest rate risk changes than prices of short-term bonds?
Briefly explain the difference between Macaulay’s duration and modified duration.
What is convexity and why is it generally considered a desirable trait?
What are the sources of potential profit and loss for an active bond manager?
Answers
Sources of potential profit and loss for an active bond manager include:- Interest rate movements- Credit risk changes- Foreign exchange risk changes- Liquidity risk changes- Inflationary risk changes- Call risk or prepayment risk
A downward sloping yield curve is a strong indication of an economic recession. When the interest rate on long-term debt is lower than the interest rate on short-term debt, the yield curve will slope downwards. The more significant the gap, the steeper the slope of the yield curve.The price of long-term bonds is usually more sensitive to changes in interest rates than the price of short-term bonds because of their longer maturity. A bond with a longer maturity has a higher duration than a bond with a shorter maturity. As interest rates fluctuate, the present value of future cash flows changes. The duration of a bond is a measure of the bond's sensitivity to changes in interest rates.Macaulay’s duration measures the weighted average time period in which the bondholder receives cash flows from the bond, while modified duration is used to measure the bond’s sensitivity to interest rate changes. Modified duration measures the percentage change in a bond’s price for a 1% change in interest rates.Convexity is the curvature of a bond's price/yield relationship. As the interest rate changes, convexity measures the rate of change in a bond's modified duration. Convexity is a desirable trait because it can provide an additional measure of security for a bond portfolio, reducing the risk of losses.Sources of potential profit and loss for an active bond manager include:- Interest rate movements- Credit risk changes- Foreign exchange risk changes- Liquidity risk changes- Inflationary risk changes- Call risk or prepayment risk.
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Select the correct answer.
The speed of a ship is given by , where d is the distance the ship travels in 3 hours. If the ship travels 48 miles in 3 hours, what is the speed of the ship?
A.
12 miles per hour
B.
16 miles per hour
C.
45 miles per hour
D.
51 miles per hour
Answers
The speed of the ship is B. 16 miles per hour
How to calculate the speedRecall that
Speed= Distance/Time
Given that the distance= 48 miles
Time= 3 hours
The speed would be 48/3= 16 miles per hour
Therefore, option B is correct.
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s. pyogenes is responsible for ________, a severe infection due to destruction of subcutaneous tissue that has a 30 percent mortality rate.
Answers
S. pyogenes is responsible for necrotizing fasciitis, a severe infection due to the destruction of subcutaneous tissue that has a 30 percent mortality rate.
Necrotizing fasciitis is a dangerous and aggressive bacterial infection that spreads quickly and kills soft tissue in your body, including skin, fat, and the tissue lining your muscles (fascia). The condition, which is also known as "flesh-eating bacteria," is often caused by a variety of bacterial infections, including S. pyogenes.
When infected, the bacteria release toxins that kill soft tissue, resulting in necrosis (tissue death). Patients with necrotizing fasciitis may experience a variety of symptoms, including fever, chills, and intense pain at the site of infection. When left untreated, the condition can result in sepsis and other life-threatening complications. Patients who are immunocompromised or have other health problems that impair their immune system are more susceptible to the disease. Treatment for necrotizing fasciitis typically involves aggressive antibiotic therapy and surgical intervention to remove infected tissue. In some cases, amputation may be necessary to save the patient's life.
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