Under the LIFO retail inventory method, the cost of a new layer added during the period is determined by multiplying the retail value of the layer by the:________.
a. cost-to-retail percentage based on the goods available for sale.
b. beginning-inventory cost-to-retail percentage.
c. current-period cost-to-retail percentage.

Answers

Answer 1

Answer:

C. current-period cost-to-retail percentage.

Explanation:


Related Questions

If Amazon enters the Japanese online market by translating its U.S. website into Japanese the company is using which internationalization strategy

Answers

If Amazon enters the Japanese online market by translating its U.S. website into Japanese, the strategy used is the meganational strategy.

A meganational strategy is an international strategy that focuses on reaping cost reductions through the economies of scale. It's a strategy that's used in seeing the world as one big national market.

Since Amazon enters the Japanese online market by translating its U.S. website into Japanese, then the strategy that is used is the meganational strategy.

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The accountant recorded the adjusting entry for the depreciation of its long-lived assets with a debit to Depreciation Expense and a credit to Accumulated Depreciation. As a result of this entry, assets and stockholders' equity will be ______. Multiple choice question. unaffected by the entry understated decreased overstated

Answers

As a result of the entry that was made by the accountant, assets and stockholders' equity will be decreased.

From the information given, it should be noted that an accountant recorded the adjusting entry for the depreciation of its long-lived assets with a debit to depreciation expense and a credit to accumulated depreciation.

Since there's a credit to the accumulated depreciation, it should be noted that there will be a reduction in the assets and the stockholders equity.

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________ is the expectation that successful performance of the task will lead to the desired outcome. Multiple Choice Instrumentality Expectancy Valence Effort

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Expectancy can be described as the expectation that successful performance of the task would lead to the desired outcome.

Expectancy gives a description of what the person believes that they can do. It is the belief of a person that the effort that they put into a task would help them to achieve performance goals.

The belief that this person has is usually based upon

Self confidencePrior experience

The theory explains that a person is going to be more motivated to perform if their past effort was recognized.

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software is used to play, create, and modify audio and video files.

Answers

If you are asking if this is true it is

Distinguish between Economic and Non-economic activities on the
basis of
(i) Purpose
(ii) Outcome

Answers

The difference between economic and non-economic activities can be drawn clearly on the following grounds:

An activity related to production and consumption of goods and services for economic gain is known as economic activities. An activity performed gladly, with the aim of providing services without any regard to monetary gain is known as the non-economic activity.Economic activities are performed for economic motive, i.e. earning profit. On the other hand, non-economic activities are performed due to social or psychological reasons, i.e. out of love, affection etc.The measurement of economic activities is in monetary terms, whereas non-economic activities lack money measurement.Economic activities have a pragmatic approach, in essence, it deals with things in a practical way. As against this, non-economic activities have an idealistic approach wherein more importance is given to human values instead of money.Economic activities result in creation and accumulation of wealth as they are done to earn profit. Unlike non-economic activities which result in mental satisfaction and happiness.Economic activities are very important for the economy as they add value to the country’s gross domestic product (GDP). As opposed to non-economic activities, which have no influence over country’s national income.

identify the early developments in europe as having either contributed or not contributed to the rise of industrial wage labor.

Answers

Some developments that contributed to the increase in salaried work in Europe were:

Factory growthDevaluation of agricultural and manual workDisplacement from rural to urban areas

Industrialization in Europe was a process that began in the 18th century with the industrial revolution. This event was promoted by some social, economic and cultural aspects that allowed the overcrowding of the industry such as:

Factory growth: Factory owners increased the supply of products and people increased the demand for which it was necessary to found new factories and hire more salaried labor.

Devaluation of agricultural and manual work: With the development of machines, products produced manually were devalued because it was more profitable to manufacture large quantities of a single product with the help of machines than in the traditional way. This caused many artisans to be employed in the factories.

Displacement: When agricultural work stopped being profitable for many families, they had to emigrate to the big cities and work in industrial factories to survive.

Note: This question is incomplete because the options are missing. However, I can answer it based on my prior knowledge and general knowledge.

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Daffy Duct, Inc. issued 10,000 shares of $1 par value common stock at $5 per share. The effect of this transaction on the accounting equation includes a ______. (Check all that apply.) Multiple select question. $50,000 increase in total assets. $50,000 decrease in total stockholders' equity. $10,000 increase in total assets. $50,000 increase in total liabilities. $10,000 increase in total stockholders' equity. $50,000 increase in total stockholders' equity.

Answers

The effect of this transaction on the accounting equation includes a:

$50,000 increase in total stockholder's equity, $50,000 increase in total assets.

The above means that Daffy Duct received $50,000 cash in exchange for ownership in common stock (10,000 shares at $5 each).  

Asset is what the company owns, while Equity (the difference between assets and liabilities or what it owes to the owners)

In the light of the above ,there is an increase in assets and increase the stockholder's equity.

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________ is the only element in the marketing mix that produces revenue.

Answers

Pricing is the one and only element of the marketing that helps in revenue generation.

What is pricing?

Pricing is a process, which helps in determining the true and fair value of a product or a service that is being offered for sale in the market. At such determined price, the consumers buy such goods or services.

No other element in marketing mix involves revenue generation, as only pricing can bring the inflow of cash in an organization from the buyers in the market as such.

Hence, pricing element of the marketing mix produces revenue for the firm.

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supportive, value-based, and work facilitation are examples of the ________ element in house’s revised path-goal leadership model.

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Based on the components of the path-goal leadership model, supportive, value-based, and work facilitation are examples of Leadership behaviors elements in the House’s revised path-goal leadership model.

The other significant elements in House's revised path-goal leadership model include the following:

Follower's characteristics;Task Characteristics.

House R.J was 1971 started these elements in his work titled "A Path-Goal Theory of Leader Effectiveness."

These elements define a different aspect of effective leadership.

Hence, in this case, it is concluded that the correct answer is "Leadership behaviors."

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How long does a lender have to fix their net worth if they notify the FL-OFR before the shortage occurs?

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According to the established standards and practices, a lender would have to use 120 days to fix their net worth if they notify the FL-OFR before the shortage occurs?

FL-OFR is an acronym for the Florida Office of Financial Regulation.

FL-OFR has three divisions which is headed by the commissioner.

FL-OFR regulates financial activities like consumer finance, financial institutions, securities, etc.

Hence, in this case, it is concluded that the correct answer is "120 days."

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which policy tools are considered automatic stabilizers?

Answers

In the fiscal policies of governments, automatic stabilizers are meant to correct and stabilize the fluctuations that arise within the economy of nations. The policy tools that are considered automatic stabilizers are;

A progressive income tax structure Government unemployment benefits

At times, the economy of a nation might experience shocks and destabilizations. These policy tools listed above are meant to generate taxes from the citizens that would cushion the effects of these shocks.

They help to increase the flow of money in the economy when it is passing through difficulties like recessions.

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Fe2O3 + 3 CO → Fe + 3 CO2

Answers

Answer:

product 2FeO3+3CO2

Explanation:

Need help with now/ASAP!

Answers

Answer:

You can create the time line below or submit a separate Word or PowerPoint document containing the time line. If your tim

Explanation:

You can create the time line below or submit a separate Word or PowerPoint document containing the time line. If your tim

culture and tradition can have the greatest impact on marketing strategy, and changes might need to be made at the product level based on cultural ______.

Answers

The major influence which impacts the changes in marketing strategy based on culture and tradition is as a result of cultural:

Differences

According to the given question, we are asked to state the major influence which impacts the changes in marketing strategy based on culture and tradition.

As a result of this, we can see that cultural differences exist between different cultures and as a result of this, a marketing manager would be able to make a variation in the marketing strategy based on these cultural differences.

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In general, how do federal laws protect employee benefits?

Answers

Answer: They make sure employees get fair pay.

Explanation: Brainliest please

All of the brands that Miguel can easily call to mind for laundry detergents, whether he would consider buying them or not, comprise his ______ set. Multiple choice question. retrieval predetermined universal evoked

Answers

The ability of Miguel to recall those brands of detergent is known as Retrieval set in marketing.

In marketing, the term "Retrieval set refers to series of brands that a consumer can recall from their memory whether they are making purchase or not".

Here, Miguel can easily call to his mind different brand of laundry detergents whether he is considering buying them or not.

The ability to recall those brands is known as Retrieval set in marketing.

Therefore, the Option A is correct.

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a country opens to trade. if the world price of a good exceeds the domestic price, the result will be:

Answers

Based on macroeconomic theory, a country opens to trade. If the world price exceeds the domestic price, the result will be export.

This is because it is beneficial or advantageous for a country to export its goods when the world price exceeds the domestic price.

This implies that the country's export goods will be cheaper than the world price of such goods.

In turn, other countries would demand their goods because of lower prices, thereby promoting more exportation of such goods.

Hence, in this case, it is concluded that the correct answer is export.

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A method of cost assignment where a cost can be associated to the particular cost object in an economically feasible way is called ________.

Answers

Answer:

indirect costs

Explanation:

costs related to a particular cost object that cannot be traced to that cost object in an economically feasible way. cost assignment. general term for assigning costs, whether indirect or direct.

I hope it helps.

Mr. Forest, a single taxpayer, recognized a $252,000 loss on the sale of Section 1244 stock. What is the character of this loss

Answers

Based on current tax laws, the character of this loss is $50,000 ordinary loss and $202,000 capital loss.

Tax laws stipulate that when it comes to losses from section 1244 stock, $50,000 is the maximum that can be stipulated for losses to a single person with the rest being treated as capital loss.

This means that $50,000 will be stipulated as ordinary losses here and the capital loss will be:

= 252,000 - 50,000

= $202,000

In conclusion, $50,000 is ordinary loss and $202,000 is capital loss.

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how many words can the average listener process per minute

Answers

Answer:

800 words per minute

Explanation:

he average rate of speech for an American is about 125 words per minute; the human brain can process about 800 words per minute.

A major goal of the Social Security Act of 1935 was to provide WHICH of the following guaranteed?
A. Medicare
B. Education
C. Income
D. Automobile Care

Answers

the answer is b i think

Which statement is true about the circular flow diagram of an economy?.

Answers

The statement that the market for factors of production connects spending by firms to household income is true about the circular flow diagram of an economy.

The circular flow diagram is an economic model that entails the flows of money and goods exchanged in the closed circuit which run in the opposite direction.

Hence, the statement that the market for factors of production connects spending by firms to household income is true about the circular flow diagram of an economy.

Therefore, the Option A is correct.

Missing word includes "A The market for goods and services connects household spending to government spending.  B The market for factors of production connects household spending to goods produced by firms. C The market for factors of production connects spending by firms to household income. D The market for goods and services connects labor income to firms as employers. E The market for goods and services connects labor income to household spending."

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jana has agreed to borrow $4,000 through a Subsidized Direct Loan to pay her freshman tuition. When she receives the loan, how much will she get

Answers

Answer: $3,957.64

Explanation:

All Direct Loans have a 1.059 percent fee which is deducted from the amount of the loan, up front. This means that Jana's fee is $42.36 ($4,000 x .01059). Therefore, she will only receive $3,957.64.

48. Although SellSmart brings together buyers and sellers and helps negotiate exchanges, it does not actually take title to any of the goods being traded
SellSmart would be classified as an agent or broker.

True or False


Answers

Since SellSmart brings together buyers and sellers and helps negotiate exchanges, it does not actually take title to any of the goods being traded, it's an agent or broker. Therefore, it's true.

It should be noted that an agent is an individual that's licensed to sell property while a broker is an individual that's licensed to own their own real estate firm.

An agent or broker brings the buyer and the seller together and helps in negotiating a sale but doesn't take title to goods. Since SellSmart performs this function, it's an agent or broker.

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Nicole is the Executive Director of a local food bank and is assessing the financial situation of her not-for-profit organization. Nicole uses a(n) ________ to determine whether revenues from contributions and other sources will cover operating costs.

Answers

Nicole, who is assessing the financial situation of her not-for-profit organization an income statement to determine whether revenues from contributions and other sources will cover operating costs.

An income statement is a financial document that shows the income and expenditure of an organization over a period of time.

It helps the organization to know whether they are making a profit or incurring losses.

So, for Nicole to determine whether the revenue of the organization will cover operating costs, she needs to use the income statement.

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Do you think it is fair for dealers to charge you more for a car they pay the manufacturer

Answers

Answer:

I dont think they should charge more

Explanation:

Answer:

In my opinion, No,

But this occurs only when demand is so high that dealers aren't struggling to make a sale, and it generally indicates that an MSRP is too low. In the rare case that dealers can't restock a particular vehicle fast enough, it's perfectly legal (and a savvy business decision) to charge more than the MSRP.

I hope this helps.

an assessment of costs and benefits inevitably involves

Answers

Value judgments and factual uncertainties

Why is it important to have leadership skills in a business?:​

Answers

Answer:

It is important to have leadership skills in a business because you know what you are suppose to be doing and how you suppose to be doing by others in a business. Moreover, because it take leadership to keep everything in order like it should be in a business.

Explanation:

Leaders are invaluable when it comes to leading peers in a new direction . Especially when motivating peers and communicate

Which media outlet is a good choice for grocery and fast food advertisements because many consumers decide what to buy while enroute to the store

Answers

Answer: Radio

Explanation:

Identify four (4) different types of credit (purposes)

Answers

Answer:Revolving Credit. Charge Cards. Installment Credit. Non-Installment or Service Credit

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