Business, 03.03.2020 04:49 jaylan11brown
For each of the following cases, state whether the statement is true for LIFO or for FIFO. Assume that prices are rising. (a) select a method results in a higher quality of earnings ratio. (b) select a method results in higher phantom profits. (c) select a method results in higher net income. (d) select a method results in lower taxes. (e) select a method results in lower net cash provided by operating activities.
Answers: 2
Business, 22.06.2019 09:40
Salt corporation's contribution margin ratio is 78% and its fixed monthly expenses are $30,000. assume that the company's sales for may are expected to be $89,000. required: estimate the company's net operating income for may, assuming that the fixed monthly expenses do not change.
Answers: 1
Business, 23.06.2019 16:30
You would like to purchase one class a share of berkshire hathaway through your scottrade brokerage account. scottrade charges a ​$6 commission for online trades. you log into your​ account, check the​ real-time quotes for berkshire hathaway​ (you see a bid price of ​$262 comma 900 and an ask price of ​$263 comma 730​) and submit your order. a. what is the current​ bid/ask spread for berkshire hathaway class a​ shares? b. if scottrade routes your buy order to the​ nyse, where berkshire hathaway is​ listed, what's the potential minimum your total transaction costs will​ be? c.​ if, instead, scottrade routes your buy order to​ nasdaq, where berkshire hathaway is not​ listed, what's the potential maximum your total transaction costs will​ be? d. regardless of how your trade is​ executed, based on the​ bid/ask spread, what is the market value of your​ trade? a. the current​ bid/ask spread for berkshire hathaway class a shares is ​$ nothing. ​(round to the nearest​ dollar.)
Answers: 2
Business, 24.06.2019 01:00
Even sole proprietors should have at least how many computers?
Answers: 1
For each of the following cases, state whether the statement is true for LIFO or for FIFO. Assume th...
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