The hasting company began operations on january 1, 2013 and uses the fifo method in costing its raw material inventory. an analyst is wondering what net income would have been if the company had consistently followed lifo (instead of fifo) from the beginning, 1/1/2013. he has the following information available to him: what would net income have been in 2014 if hastings had used lifo since 1/1/2013?

What does the phrase limited liability mean in a corporate context?

Amanda rice has just arranged to purchase a $640,000 vacation home in the bahamas with a 20 percent down payment. the mortgage has a 7 percent apr compounded monthly and calls for equal monthly payments over the next 30 years. her first payment will be due one month from now. however, the mortgage has an eight-year balloon payment, meaning that the balance of the loan must be paid off at the end of year 8. there were no other transaction costs or finance charges. how much will amanda’s balloon payment be in eight years

Leon and sara are arguing over when the best time is to degrease soup. leon says that it's easiest to degrease soup when it's boiling. sara says it's easiest to degrease soup when it's cold. who is correct? a. neither leon nor sara is correct. b. leon is correct. c. both leon and sara are correct. d. sara is correct. student b   incorrect which following answer correct?