The correct answer is c i.e. last- in, first out. The accounting value of inventory is determined using the last in, first out method.
The last item of inventory acquired is assumed to be the first item sold when using the LIFO approach. The remaining inventory that is positioned further from the front of the shelf is rarely taken, therefore it remains on the shelf in a LIFO situation.
Imagine a store shelf where a clerk adds products from the front and customers also make their selections from the front.
The LIFO scenario's drawback is that it is not frequently seen in real-world situations. If a business followed the LIFO process flow, a sizeable portion of its inventory would be very old and perhaps obsolete.
However, in order to utilise the technique to determine an organization's inventory valuation, the LIFO process flow is not actually required.
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according to the text, scarcity of foreign exchange can affect even firms that merely export to nations with high foreign debt because
The text claims that because governments in high-debt countries are likely to impose import restrictions, currency shortages might have an impact even on businesses that just sell to those countries.
When a nation's net outflows of USD exceed its net inflows of USD, there is a dollar shortage. This may occur if the country has more foreign dollar liabilities or if it must pay more USD for imports than it does for exports.
A currency crisis is also referred to as a balance of payments crisis since it arises from a persistent balance of payments deficit. Such crises frequently end with a currency devaluation. The government and financial institutions would struggle to pay their debts, which could lead to an economic crisis.
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The jobs that support medical imaging require specific types of education. Which field discussed requires the least amount of training? Which field requires the most amount of training?
The transcriptionist field discussed requires the least amount of training. The radiologists field requires the most amount of training.
Radiologists are scientific doctors focusing on diagnosing and treating accidents and sicknesses the usage of clinical imaging (radiology) tactics (assessments/tests) including X-rays, computed tomography (CT), magnetic resonance imaging (MRI), nuclear medicinal drug, positron emission tomography (pet), and ultrasound.
Radiologists are medical docs (MDs) or doctors of osteopathic medicinal drugs (DOs) who have completed a 4-year residency in radiology. A radiologist may also act as a consultant to every other physician who's worrying for the patient, or act as the affected person's number one medical doctor in treating a disease.
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which of the following best describes a management team? multiple choice question. a multidisciplinary product development team designing a new cell phone a group of 4 workers in a gourmet chocolate company who produce gift baskets of specialty truffles a group of executives who oversee the functioning of a company a group of parishioners who serve on their church's building committee to oversee construction of a new parish hall
A group of executives who oversee the functioning of a company best describes a management team. The appropriate response is option C.
What is a management team?A management team is a collection of senior employees that a business owner has employed to handle crucial duties within the company. These people make up the top echelons of management within an organization or firm, and each has a particular field of business management expertise, such as accounting.
A good management team is especially important if you want the company to expand and prosper as a whole. A management team is crucial for distributing leadership responsibilities as an organization expands. If your company has multiple locations, it is essential.
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charles rickman is applying for a loan from the bank. the bank has determined that hehas never been late making payments on past loans. which of the 5 cs of credit is thebank looking at?
The 5 cs of credit that the bank is looking at is character.
What is credit?Credit is the trust that permits one party to lend money or resources to another party, with the understanding that the second party will not immediately pay back the first party (creating a debt), but will instead promise to pay back or return the resources (or other goods of comparable value) at a later time. To put it another way, credit is a way to formalize reciprocity, make it enforceable by law, and extend it to a sizable number of unrelated people. The resources offered may take the form of money (such as the granting of a loan), commodities, or services (e.g. consumer credit). Any type of deferred payment is considered credit. Credit is given to a debtor, also known as a borrower, by a creditor, also known as a lender.
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the distance between the supply curve and the price the producer receives for a product for a given quantity supplied is referred to as:
Producer surplus is the difference among the supply curve with the price a producer receives with a given quantity of a product.
What is producer surplus?Producer surplus is the gap between the product's price and the lowest price a producer is ready to accept for it. The producer surplus increases as the price of the good rises.Producer surplus is equal to the product's price minus the lowest price at which the seller will accept a sale of the product.For example, the least price a seller seems to be willing to sell a good is $1000. The item has a $2000 cost. The producer surplus is $1000 (2000 - 1000).The demand curve shows the relationship between price and quantity demanded. The supply curve displays the link between price and amount delivered. The producer surplus seems to be the region just above supply curve however the area just below demand curve.To learn more about producer surplus refer to :
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farmer donald bought a $1.70 strike put option for $0.11 and sold a $1.75 strike call option for a premium of $0.14. his total costs are $1.65 per bushel and the continuously compounded risk-free interest rate is 7.84% over this period. what is the floor in his strategy assuming a 20,000-bushel crop? g
Under the terms of the call option, the farmer has the option to sell his produce for $1.75 per bushel. By exercising the put option, the farmer has the choice to buy crops at a cost of $1.70 per bushel. The floor price for the farmer's plan, assuming a crop yield of 20,000 bushels, is $1,624 per bushel.
The options approach has an overall cost of $1.65 per bushel. The farmer paid a premium of $0.14 to sell a call option with a strike price of $1.75 and $0.11 to buy a put option with a strike price of $1.70.
If the selling price declines, you can always exercise your put option to set your floor price. Subtract the cost of your options after calculating your reward.
= (1.70 - 1.65)
= 0.05 * 20,000
= 1,000
= 1,000 - (0.11 - 0.14) * 20,000 * 1.04
= 1,000 - 624
= 1,000 + 624
= 1,624
The farmer has the opportunity to sell his produce for $1.75 per bushel under the terms of the call option. The farmer has the option to purchase crops at a price of $1.70 per bushel by exercising the put option. The floor for the farmer's plan is $1,624 per bushel, assuming a crop yield of 20,000 bushels. This is so that the farmer has the option to sell his produce for $1.75 per bushel and to purchase it for $1.70 per bushel.
If the crop's market price falls below the floor price, the farmer will only use these rights.
His plan has a $1,624 per bushel minimum.
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What are the general features of the financial institutions?.
The general features of the financial institutions are to provide loans and advance.
The general features of the financial institutions are :
provide loan and provide advance to the institutions.the rate of the return is high as in case of the investment that made in this institution.it also provided the highly rated consultancy to the customers for beneficial investments. it also acts as a depository for its customers. The financial investment are highly regulated.The financial institution plays a vital role in the the economy. it act as a intermediate between the savers and the borrowers. it acts as a agent between saver and the borrower.
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susan's team is going through the stage of team development. in this stage, team members are becoming oriented with the group's processes and getting acquainted with one another. multiple choice question.
Susan's team is going through the stage of team development. in this stage, team members are becoming oriented with the group's processes and getting acquainted with one another's shared norms, shared goals, a common identity, & two or more freely interacting individuals. Option D. forming.
Social interaction is a change between two or more people and is a constructing block of society. Social interplay can be studied between organizations of two (dyads), three (triads), or large social organizations. by using interacting with one another, people design guidelines, establishments, and structures inside which they are searching to live.
Social interplay is the procedure of reciprocal having an effect exercised by means of people over one another for the duration of social encounters. commonly it refers to face-to-face encounters in which people are bodily present with each other for a certain period.
As humans, social interaction is crucial to each factor of our fitness. research indicates that having a strong network of guides or sturdy network bonds fosters both emotional and physical health and is an important component of adult existence.
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Disclaimer:- Your question is incomplete, please see below for the complete question.
susan's team is going through the stage of team development. in this stage, team members are becoming oriented with the group's processes and getting acquainted with one another. multiple choice question.
A. Storming
B. Norming
C. Performing
D. forming
explain the four steps in onboarding. what should new hires learn at each step? how might social media or the internet aid the onboarding process?
The 4 main pillars of onboarding are as follows:
Cultural MasteryInterpersonal Network DevelopmentEarly Career SupportStrategy Immersion and DirectionWhat is onboarding?Onboarding, also known as organizational socialization, is the process through which new hires learn the information, abilities, and behaviors required to function successfully as insiders and members of the organization. The procedures used to incorporate new hires into the company are referred to as "onboarding." It contains exercises that enable brand-new hires to finish the new hire orientation process and learn about the company's structure, culture, vision, mission, and values.Success with the program's four main pillars of cultural mastery, interpersonal network development, early career support, and strategy immersion and direction is necessary to meet the onboarding margin requirements. The last two of these act as power pillars and have the potential to have the biggest influence.Therefore, the 4 main pillars of onboarding are as follows:
Cultural MasteryInterpersonal Network DevelopmentEarly Career SupportStrategy Immersion and DirectionKnow more about onboarding here:
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Correct question:
What are the four steps in onboarding?
A firm finds that as it adds workers, each worker is adding less and less output to the production process. What must be true about average cost?.
A company finds that as it adds workers, each worker adds less and less output to the production process. The average cost must go up.
The unit price realized in a production cycle is called the average cost. This is an estimate of the typical costs incurred in the production of a good.
Depending on the number of units produced, this cost may vary. In general, as the producer uses more and more efficiency, the average cost will decrease as the number of units produced increases.
Although creating each additional unit becomes more expensive as the manufacturer approaches the theoretical capacity of its production plant, the average cost begins to increase.
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Businesses that use a __________ strategy focus on a narrow market segment or niche.
Businesses that use a Specialization strategy focus on a narrow market segment or niche.
What is specialization ?Product specialization is a marketing strategy in which companies concentrate their branding or marketing efforts on a single product or product line.These marketing initiatives frequently concentrate on the advantages and excellence of the product that may draw potential buyers.Workers are able to concentrate on a few or even one task because labor is distributed among them.They become more proficient at a task the more they concentrate on it, which reduces the time and cost necessary to produce a good. Through specialization, a worker can leverage their education and work history to speed up procedures and boost sales.High-quality work results from specialization.Focus plus skills equate to higher quality.An employee can hone their skill and continuously improve the quality of their performance by specializing in one thing.To learn more about specialization strategy refer,
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hillary is single and earns $28,000 annually. she is not covered under her employer ?s retirement plan. which of the following describes her ability to establish a traditional ira and the tax treatment of her maximum contribution? a. hillary ?s contribution will be fully tax deductible. b. hillary ?s contribution will be partially tax deductible. c. hillary may make a contribution, but no portion of the contribution is tax deductible. d. hillary is not eligible to establish a traditional ira, so no contribution can be made.
Stocks, bonds, mutual funds, and other sorts of investments can be found in a Traditional IRA, a tax-advantaged retirement plan.The correct answer is hillary may make a contribution, but no portion of the contribution is tax deductible.
The possibility of investing with pre-taxed income is its main advantage. However, once withdrawals are made, traditional IRAs are taxed as ordinary income.An individual retirement account (or “Roth IRA”) is one that enables tax-free growth and tax-free withdrawals in retirement. When taxes would be greater at retirement than they are now, Roth IRAs are the best option.The contributions made to a Roth account are frequently made using after-tax funds that cannot be deducted; as a result, the contributions grow tax-free.Also worth mentioning is the possibility of tax-free rather than tax-deferred earnings in a Roth account.
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Jeb is trying to market a new type of chewing gum. His new gum, popsalot, is a low involvement purchase. Which type of channel coverage should he employ?.
Jeb should employ an intensive type of channel coverage.
The distribution coverage figures in figure 24 represent the proportion of stores that carry a given brand. The record offers the statistics for each emblem presently available on the market. The number of shops in every distribution channel is furnished as nicely.
The market insurance method is the technique of analyzing the market and locating how a good deal of the full marketplace your advertising and marketing marketing campaign ought to cover for a specific product/carrier.
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a consulting firm equips all of its employees with laptop computers, which they use at their desks and carry to client meetings. what ergonomic challenge is most likely to result from employees using these devices throughout the day?
Physical stress on the wrists from incorrect typing posture is most likely an ergonomic challenge to result from employees using these devices throughout the day.
Because laptop keyboards are not portable like desktop keyboards, typing all day on one is bad for the wrists. Therefore, using a laptop all day might put physical strain on your wrists.
Regular wrist pain, such as typing incorrectly, can aggravate the carpal tunnel and lead to excruciating inflammation around the nerves.
Position your wrists so that they are floating horizontally in the air as you type to prevent wrist strain. They shouldn't essentially be bent either way or resting on the desk while you type. Use a palm pad to support the fleshy portion of your palm rather than your wrists if you easily become fatigued.
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g pierre cardin gives technical advice on textile manufacturing to china and in exchange receives silk and cashmere. this is an example of a(n):
By giving technical advice on textile manufacturing to china and in exchange receives silk and cashmere. this is an example of a countertrade
What Exactly Is Countertrade?Countertrade is a type of reciprocal international trade in which goods or services are exchanged for other goods or services rather than hard currency. This type of international trade is more common in developing countries that have limited access to foreign exchange or credit.
It refers to the exchange of goods or services for which payment is made in whole or in part with other goods or services rather than with money. A monetary valuation, on the other hand, can be used in countertrade for accounting purposes. The term bilateral trade is used in transactions between sovereign states.
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newport company has sales of $2,025,000 for the current year. the book value of its fixed assets at the beginning of the year was $550,000 and at the end of the year was $800,000. the fixed asset turnover ratio for newport is?
When Newport Company has sales of $2,025,000 for the current year, and the book value of its fixed assets at the beginning of the year was $550,000 and at the end of the year was $800,000, the Fixed Asset Turnover ratio for the company will be 3.0. Therefore, the option A holds true.
What is the significance of asset turnover ratio?The fixed assets turnover ratio can be referred to or considered as a ratio that represents the total sales made by the company over the average amount of employed fixed assets that it has during a given accounting period.
For the above condition, the computation will be done as below,
Asset Turnover Ratio = Total Sales / Average Fixed Assets
Asset Turnover Ratio = 2025000 / (800000+550000/2)
Asset Turnover Ratio = 3.0
Therefore, the option A holds true and states regarding the significance of asset turnover ratio.
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The missing choices are added below,
A. 3.0
B. 0.3
C. 1/3
D. None of these
chandni is a sales representative for a medical device company. when she reviews her monthly sales report, chandni recognizes the need to improve her sales numbers. which of the following is something she might do to satisfy this need and achieve success?
Chandni is a sales representative for a medical device company. She was the improved the sales and the communication skills are the satisfy this need and achieve success
What is company?The term company refers to the legal entities that are legally registered in accordance with the Company Act. Company is the main goal to earn higher profit, and they maintain the goodwill.
A company are the manufacturing the medical device was the main reason to the sale of the product. Chandni is a sales representative of the company. She was the improved the sales and the communication skills are to attract the consume.
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Which of the following is an example of successful corporate branding?
A. A company's logo is memorable
O B. A company's logo colors stand out
O C. A company is a leader in fast food
D. A company's tagline gets your attention
A successful example of corporate branding is a memorable logo of the company.
What is Corporate Branding?
Corporate branding is the practice of promoting a corporate entity's brand name rather than particular goods or services. Because a corporate brand often has a considerably wider reach than a product or service brand, different actions and ways of thinking are involved in corporate branding.
Therefore, corporate branding is the process of presenting a company's image or identity to customers. Typically, a company's brand reflects its values, brand voice, and messaging. Building corporate brands is a common strategy used by marketing experts to show how they want the company to be seen.
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blanchard recommends which of the following for getting employees pumped up about their work? working for a company that gives to good causeshaving work that serves a higher purposehaving a clear set of operating valueshaving a secure job
In order to get employees pumped up about their work, Blanchard recommends that:
working for a company that gives to good causehaving work that serves a higher purposehaving a clear set of operating valuesWhat does Blanchard believe?Ken Blanchard is an expert on leadership and management and in an interview, he was asked on his thoughts on what gets employees motivated and pumped up to work for their organizations.
Ken Blanchard believes that a company that gives to good causes will have motivated employees. These employees will know that the work they do will help the company make more money which can then be given to good causes.
When employees work for something that they believe serves a higher prupose, they would also feel more pumped up. Finally, a company with a clear set of operating values will allow the employees to be pumped up from knowing what is expected of them.
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Suppose you have the contractual duty to pay $100 to someone else. If you delegate your duty to a third party without the consent of the person to whom the money is owed, and the third party fails to pay, can you still be force to pay the money?.
I still had to be force to pay the money because of delegate my duty to a third party without the consent of the person to whom the money is owed, and the third party fails to pay.
What is the basic rules regarding delegation ?We have been thinking about the assignment of the assignor's rights up to this point. However, each contract entails a corresponding obligation, which may be assigned. A delegation is the transfer of a contract's obligation to fulfill to a third party. The delegator is the one who assigns tasks. Most assignments of rights will also include the delegation of obligations because most obligees are also obligors. It is legally enforceable unless public policy or the contract itself prohibits it.Common law requires that obligations be clearly assigned in the majority of jurisdictions. Section 2-210(4) of the Uniform Commercial Code (UCC), as well as common law in a few jurisdictions.Learn more about Delegation refer :
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10. alamos co. exchanged equipment and $18,000 cash for similar equipment. the book value and the fair value of the old equipment were $82,000 and $90,000, respectively. assuming that the exchange lacks commercial substance, alamos would record a gain/(loss) of:
Alamos Co. exchanged stuff and $18,000 cash for similar stuff. The book cost and the fair cost of the old stuff were $82,000 and $90,000, respectively.
Assuming that the exchange has business substance, Alamos would record a gain of = $8,000.
What is record and example?
Examples include documents, books, paper, electronic records, photographs, videos, sound recordings, databases, and other information compilations that are used for numerous purposes, or other material, regardless of physical form or characteristics.
What do you mean record?
Record means to set something down or maintain it in a way that keeps lifelong evidence of it. Record is also used to raise to the writing or document that is protect account of something. Record is also winning that is the finest or highest amount. Record has various other senses as a verb and a noun.
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What is the statement of the assets, liabilities, and net worth of a firm or individual at some given time called?.
A balance sheet the statement of the assets, liabilities, and net worth of a firm or individual at some given time.
What is a balance sheet simple definition?A balance sheet is a financial statement that shows the assets and liabilities of a corporation at a certain point in time.It is one of three fundamental financial statements used to evaluate a company's performance (the other two being the income statement and cash flow statement). A balance sheet provides a snapshot of your company's financial situation at any given time.A balance sheet, along with an income statement and a cash flow statement, can assist business owners in evaluating their company's financial status.The balance sheet, also known as the Statement of Financial Position, is a snapshot that provides the most complete picture of an organization's financial condition.It provides information about an organization's assets (what it owns) and liabilities (what is owed).To learn more about balance sheet refer
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if the accrual basis of accounting is used, types of adjusting entries that may be needed at the end of the accounting period include:
A journal entry that modifies the amount of revenues or expenses reported in the income statement is known as an accrual-type adjusting entry. It is made at the conclusion of a reporting period.
The process of combining financial data such that it is easily comprehended by all parties, including shareholders, is referred to as accounting. Accounting is primarily used to track and present a company's cash flow, financial performance, and transactional activity.
The cash method and the accrual method are the two primary accounting techniques. Modified accrual is an alternate accounting technique that combines the two primary techniques. Cash Method: Revenue is recorded when it is received, and costs are recorded when they are settled.
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outlook inc. merges with pinnacle inc. only pinnacle remains. outlook owed money to quest bank and other creditors. with respect to these debts, in the merger pinnacle assumes?
With respect to these debts, in the merger Pinnacle assumes: B) only those incurred after the merger was proposed.
What is a merger?In Economics, a merger can be defined as a corporate contractual agreement (contract) that combines and unites two (2) or more existing companies into a single (new) company.
Some of the considerations which are considered when evaluating a potential conflict of interest with respect to a merger involving an audit client include the following:
Threats to compliance with the code.Violation of code and substantial penalties.Existing business firm's policies.In this scenario, we can reasonably infer and logically deduce that Pinnacle would be held responsible (liable) for only the debts incurred after the merger was proposed.
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Complete Question:
Outlook Inc. merges with Pinnacle Inc. Only Pinnacle remains. Outlook owed money to Quest Bank and other creditors. With respect to these debts, in the merger Pinnacle assumes?
A)none.
B) only those incurred after the merger was proposed.
C)an amount equal to the ratio of the firms' pre-merger market values.
D)all.
nantor corporation has two divisions, southern and northern. the following information was taken from last year's income statement segmented by division: total company southern northern sales $ 4,600,000 $ 2,860,000 $ 1,740,000 contribution margin $ 1,950,000 $ 1,230,000 $ 720,000 divisional segment margin $ 1,030,000 $ 820,000 $ 210,000 net operating income last year for nantor corporation was $460,000. in last year's income statement segmented by division, what were nantor's total common fixed expenses?
Common examples of fixed charges include rental hire or personal loan payments, salaries, insurance plan payments, property taxes, hobby expenses, depreciation, and some utilities.
What are four common constant expenses anybody might have every month?Typical constant fees include auto payments, loan or lease payments, insurance premiums and real estate taxes. Typically, these charges cannot be easily changed. On the plus side, they're easy to budget for due to the fact they commonly continue to be the equal and are paid on a normal basis.
How do you locate whole common constant expenses?Take your complete cost of production and subtract your variable charges extended by means of the wide variety of units you produced. This will provide you your complete fixed cost.
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https://brainly.com/question/26839431#SPJ4which rating approach asks that managers maintain a detailed log of specific examples of employees' effective and ineffective work behaviors?
Answer: the critical incident method
Explanation:
In the context of managing inventories in supply chains, _____ is the time between placement of an order and its receipt.
In the context of managing inventories in supply chains, the lead time is the time between placement of an order and its receipt.
What is the lead time in inventory management?In inventory management, lead time is the period between placing an order to refill inventory and receiving the order.The amount of shares a corporation must hold at any given time is affected by lead time. As previously stated, the purchase order lead time is the amount of time it takes to fulfill an order—from the time the order is placed to the projected date of receipt.So, if a corporation orders supplies on May 1 and expects them to arrive on May 10, the POLT for the supplies is nine days. Lead time is a word adopted from the Lean or Toyota Production System manufacturing process, and it is defined as the time elapsed between a client placing an order and receiving the goods purchased. A lead time is the amount of time that elapses between the start and finish of a procedure.For example, depending on numerous factors, the time between placing an order and receiving new cars from a certain manufacturer could range between 2 weeks and 6 months.To learn more about lead time refer
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a company purchased a piece of equipment by paying $6,000 cash. a shipping cost of $450 to get the equipment to its factory was also incurred. the fair value of the equipment was $7,200 at the time of the purchase. for what amount should the company record the equipment?\
The amount the company should pay to record the equipment is $6,450.
What is a Shipping Cost?
The direct costs involved in getting a product from a shelf in your store or warehouse to a customer's door are known as shipping costs. The following expenses are only a few of them: box, packaging, tape, and sticker prices. the price of hiring a worker to pick, pack, and send out a package.
Dimensional weight, commonly known as DIM weight, is a method of pricing used by all significant carriers to determine shipment costs. The size of a shipment is taken into account when calculating dimensional weight to determine shipping costs.
The three types of shipping—land, air, and sea—all contribute significantly to our economy. Each has advantages that the other form of transportation may not have.
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organizations strive to control employees' behavior by linking which of the following systems to their control systems? a. disciplinary b. reporting c. incentive d. disincentive e. administrative
By connecting their incentive systems to their control systems, firms try to manage the behaviour of their workforce or strategic planning.
Strategic Planning
Strategic management is the process of establishing rules, procedures, and goals to improve a company's or organization's competitiveness. The main focus of strategic management is on effectively allocating resources and staff to achieve these goals.
The benefits of strategic management are typically seen as both financial and non-financial. A key duty of a board of directors is carried out via a strategic management process, which aids a business and its leadership in thinking about and making plans for the future.
The organization's and its employees' direction is established by strategic management. Effective strategic management continuously prepares, monitors, and tests an organization's activities in contrast to static strategic plans, increasing operational effectiveness, market share, and profitability.
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metro holdings inc. contracts to sell a commercial parking garage to new property llc. the contract provides that if metro does not close the deal by a certain date, it must pay the buyer one-half of the value of the property. this provision is not enforceable if it is?
Such a contractual provision would not apply if it were designed to penalize Metro.
What is a contract?Corresponds to a document containing the rights and obligations of two or more parties on the same object. A contract will set out all responsibilities for a business or an agreement for example, so that those involved are legally protected in case of any disagreement or any incident that may occur.
The objectives of a contract can be defined as to acquire, protect, modify or extinguish rights and duties, being used in legal compliance to achieve such ends.
Therefore, the contractual provision in the case of Metro Holdings Inc. it is not applicable if a situation arises in an unnatural way so that the company is obliged to pay half of the value of the property, thus protecting the company from such actions.
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