Business, 25.11.2019 19:31 askharoun2005
The firm uses the periodic system and there are 20 units of the commodity on hand at the end of the year. what is the amount of inventory at the end of the year according to the fifo method?
a. $655
b. $620
c. $690
d. $659
Answers: 2
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Which of the following is the least effective way to reach a potential sales prospect? referral cold call direct mail personal visit
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The vaska company buys a patent on january 1, year one, and agrees to pay $100,000 per year for the next five years. the first payment is made immediately, and the payments are made on each january 1 thereafter. if a reasonable annual interest rate is 8 percent, what is the recorded value of the patent? 1. $378,4252. $431,2133. $468,9504. $500,000
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Business, 22.06.2019 07:50
Connors academy reported inventory in the 2017 year-end balance sheet, using the fifo method, as $154,000. in 2018, the company decided to change its inventory method to lifo. if the company had used the lifo method in 2017, the company estimates that ending inventory would have been in the range $130,000-$135,000. what adjustment would connors make for this change in inventory method?
Answers: 1
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