Business
Business, 24.06.2021 01:00, mia5530

During a period of inflation, firms using LIFO will have the: A. lowest cost of goods sold, the highest net income, and the lowest inventory value. B. highest cost of goods sold, the lowest net income, and the highest inventory value. C. lowest cost of goods sold, the highest net income, and the highest inventory value. D. highest cost of goods sold, the lowest net income, and the lowest inventory value.

answer
Answers: 3

Other questions on the subject: Business

image
Business, 21.06.2019 19:20, ellycleland16
Which of the following best explains why large companies have an advantage over smaller companies? a. economies of scale make it possible to offer lower prices. b. the production possibilities frontier is wider for a larger company. c. decreasing marginal utility enables more efficient production. d. increasing the scale of production leads to a reduction in inputs.2b2t
Answers: 1
image
Business, 22.06.2019 01:30, mobslayer88
Iam trying to get more members on my blog. how do i do this?
Answers: 3
image
Business, 22.06.2019 11:30, glowbaby123
Consider derek's budget information: materials to be used totals $64,750; direct labor totals $198,400; factory overhead totals $394,800; work in process inventory january 1, $189,100; and work in progress inventory on december 31, $197,600. what is the budgeted cost of goods manufactured for the year? a. $1,044,650 b. $649,450 c. $657,950 d. $197,600
Answers: 3
image
Business, 22.06.2019 19:40, mahoganyking16
Chang corp. has $375,000 of assets, and it uses only common equity capital (zero debt). its sales for the last year were $595,000, and its net income was $25,000. stockholders recently voted in a new management team that has promised to lower costs and get the return on equity up to 15.0%. what profit margin would the firm need in order to achieve the 15% roe, holding everything else constant? a. 9.45%b. 9.93%c. 10.42%d. 10.94%e. 11.49%
Answers: 2
Do you know the correct answer?
During a period of inflation, firms using LIFO will have the: A. lowest cost of goods sold, the high...

Questions in other subjects:

Konu
Mathematics, 07.10.2020 22:01