Maduk Oil started operating on Jan. 1st 2018 and uses the dollar value LIFO method. The price index for oil was 1.0 in Dec. 31st 2018, and 1.1 in Dec. 31st 2019. The production manager provided the following inventory valuation for oil valued at year-end prices: Dec. 31st 2018: $100,000 (valued at Dec. 31st 2018 prices) Dec. 31st 2019: $150,000 (valued at Dec. 31st 2019 prices) At what value should Maduk report the value of its year-end inventory on Dec. 31st 2019 in its balance sheet? (round to nearest dollar)

Forty-two percent of federal revenue comes from . income taxes paid by businesses and corporations make up about of federal revenue. taxes collected for social security and medicare make up of federal revenue.

the question using the following data, which show all available techniques for producing 20 units of a particular commodityresource resource prices possible production techniques#1 #2 #3 #4 #5land $4 2 4 2 4 4labor 3 1 2 4 1 3capital 3 5 2 3 1 2entrepreneurial ability 2 3 1 1 4 1assuming that the firm is motivated by self-interest and that the 20 units that can be produced with each technique can be sold for $2 per unit, the firm will

Atax on the sellers of coffee will a. increase the price of coffee paid by buyers, increase the effective price of coffee received by sellers, and increase the equilibrium quantity of coffee. b. increase the price of coffee paid by buyers, increase the e ffective price of coffee received by sellers, and decrease the equilibrium quantity of coffee. c. increase the price of coffee paid by buyers, decrease the effective price of coffee received by sellers, and increase the equilibrium quantity of coffee. d. increa se the price of coffee paid by buyers, decrease the effective price of coffee received by sellers, and decrease the equilibrium quantity of coffee.