The ending inventory using LIFO is $673,920.
The ending inventory using FIFO is 823,680.
What are the ending inventories?
Ending inventory are the inventories of a company that were left unsold at the end of a business period. In this question, the ending inventory is 33,000.
LIFO means last in first out. It means that it is the last purchased inventory that is the first to be sold. Ending inventory would be made up of inventories that were purchased the earliest.
The ending inventory would be taken from the beginning inventory and part of the first purchase.
Ending inventory = (21,600 x 20) + [(31,200 - 21,600) x 25.20]
= 432,000 + 241,920 = $673,920
FIFO means first in, first out. It means that it is the first purchased inventory that is the first to be sold.. Ending inventory would be made up of inventories that were purchased the latest.
The ending inventory would be taken from part of the second purchase.
Ending inventory = 31,200 x 26.40 = 823,680
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About ________ percent of the total economic output of the united states derives from the output of the knowledge and information sectors of the economy. 15 85 65 55 20
About 20 percent of the total economic output of the united states derives from the output of the knowledge and information sectors of the economy.
Economics is concerned with scarcity and how it affects the use of resources, the production of goods and services, the growth of production and well-being over time, and many other important and complex issues affecting society. A study on how it affects
Economics is defined as the science of producing, distributing, selling, and purchasing goods and services. An example in economics is the study of the stock market.
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About 20 percent of the total economic output of the United States derives from the output of the knowledge and information sectors of the economy.
America has one of the global's wealthiest and most diversified economies, led by way of an exceptionally effective services quarter, advanced production, and international-class research and improvement.
The forecast is that the 2022 real GDP increase will be available at 1.7 percent yr-over-year and that 2023 growth will sluggish to 0.5 percent 12 months-over-year. At the same time as we no longer consider America's financial system is currently in a recession, we're downgrading our growth expectations for Q2 2022 from 1.9 percent (QoQ, SAAR) to 0.8 percent.
This is the result of many elements: wealth, a subculture and economy that encourage innovation, schooling, full-size nation- and personal-funded research programs, and a political lifestyle that has lengthy attracted noticeably educated migrants.
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Select the correct answer. cameron purchased an electric guitar for $1,875. the value of the guitar depreciates by 20% each year. in how many years will the guitar be valued at $768?
The number of years it will take for the guitar to be valued at $768 given the initial value and the rate of depreciation is four years.
In how many years will the guitar be valued at $768?
When an asset depreciates,it means that with the passage of time, the value of he asset declines.
Number of years = (In FV / PV)/r
FV= future value = 768
PV = present value = 1875
r = rate of depreciation =20
(In 768 / 1875) / 0.2 = 4 years
What is the rate of depreciation?
Depretiation is the systematic allocation of the depreciable amount of an asset over its useful life.
The depreciable amount of an asset is the cost of an asset or other amount substituted for cost, less its residual value.
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Automobile manufacturers such as ford and general motors often use ________ distribution, such that dealers act as retailers.
Automobile manufacturers such as ford and general motors often use indirect distribution, such that dealers act as retailers.
What is Indirect Distribution?Indirect Distribution is a method of distribution used by a manufacturer that involves one or more third parties (intermediaries) who assist in delivering goods to consumers. Third-party providers typically include exporters, importers, wholesalers, and retailers. Retailers obviously sell the manufacturer's products, but they may also sell the products of competitors. As a result, as a manufacturer, you have little to no control over what other products are sold in stores.
What is a Distribution Strategy?A distribution strategy is a method of getting products or services to customers. Choosing the most efficient distribution method for your company is critical to increasing revenue and retaining customer loyalty. To cater to different consumer bases, some businesses choose to use multiple distribution methods. For example, if you're selling a leather futon and want to target people aged 60 and up, you might choose to sell products directly through a catalog. You may decide to sell products indirectly to a younger customer base by partnering with a retailer such as Walmart.
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Investors react positively to an increase in a firm's level of debt because they expect the?
Investors react positively to an increase in a firm's level of debt because they expect the "Value of the firm to increase firm to generate tax savings."
This is because Debt is often cheaper than equity, and interest payments are tax-deductible. So, as the level of debt increases, returns to equity owners also increase — enhancing the company's value. If risk weren't a factor, then the more debt a business has, the greater its value would be
How does increase in debt affect share price?Risk increases, in part, because the debt could make it harder for the company to pay its obligation to bondholders. Therefore, under a typical scenario, stock prices will be less affected than bonds when a company borrows money.To learn more about increase in debt, click the links
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When using horizontal differentiation, a firm divides itself into subunits based on function, type of business, or.
When using horizontal differentiation, a firm divides itself into sub units based on function, type of business, or Geographic area
Horizontal Differentiation :
Horizontal differentiation refers to distinctions in products that cannot be easily evaluated in terms of quality. This stands in contrast to vertical differentiation, where the distinctions between products are objectively measurable and are based in the products' respective level of quality. Horizontally differentiated products vary only marginally, as it's more efficient for producers to try to capture as many new consumers as possible with minimal additional costs. While horizontally differentiated products tend to command similar prices at equilibrium, the lack of relationship to quality does not necessarily imply that they cost the same -- two products may be virtually identical in all considerations except for color or flavor and still be offered at totally different prices.
What is meant by geographical area?
Geographical Area means an area covering all or part of the territory of a Member State or extending to all or part of the territory of other Member States.
An area of land that can be considered as a unit for the purposes of some geographical classification.
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Customers around the world know pepsi and consider it a primary ""go-to"" brand if they want a refreshing drink. This positioning reflects pepsi’s?
This positioning reflects Pepsi's d.) careful targeting and marketing mix.
The marketing mix includes multiple focus areas as part of your overall marketing plan. The term often refers to a general taxonomy that begins with the 4 P's: product, price, placement, and promotion. Effective marketing doesn't just stick to one message, it affects a wide range of areas.
The marketing mix, also known as the 4 P's of marketing, refers to the four key elements of your marketing strategy: product, price, location and promotion.
The question is incomplete. Please read below to find the missing content.
Customers around the world know Pepsi and consider it a primary "go-to" brand if they want a refreshing drink. This positioning reflects Pepsi's __________.
a.) operational excellence
b.) supply chain management
c.) strategic business unit control
d.) careful targeting and marketing mix implementation
e.) locational excellence
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A company factored $45,000 of its accounts receivable and was charged a 4actoring fee. the journal entry to record this transaction would include a?
When a company factored $45,000 of its accounts receivable and was charged a 4% factoring fee. The journal entry to record this transaction would include.
Account Debit Credit
Cash $43,200
Factoring fees $1,800
Accounts receivable $45,000
Thus, here the factoring fee is equivalent to 4% of total accounts receivable which is calculated as= $45,000 x 4% or $1,800.
Cash received is equivalent to total accounts receivable less factoring fee of $1,800, hence cash received = $45,000 - $1,800 = $43,200.
Hence, the journal entry to record this transaction would include a debit to cash of $43,650, a debit to factoring fee Expense of $1,350, and credit to account receivable of $45,000.
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Second mortgage loans in which borrowers borrow against the accumulated equity in their home are more commonly referred to as?
Second mortgage loans in which borrowers borrow against the accumulated equity in their home are more commonly referred to as home equity loan. It also referred to as a second mortgage or a home equity instalment loan, is a form of consumer debt.
Homeowners can use home equity loans to borrow money against the value of their property. The amount of a home equity loan is determined by the difference between the home's current market value and the homeowner's outstanding mortgage. Like conventional mortgages, traditional home equity loans have a predetermined repayment period. Regular, set payments covering both principal and interest are made by the borrower. Similar to a mortgage, if the debt is not repaid, the house may be sold to cover the outstanding balance.
A home equity loan can be a fantastic method to turn the equity you've accrued in your house into cash, especially if you use that money to make improvements to your house that will raise its worth. But always keep in mind that you're risking your house; if property values fall, you can find yourself owing more than the house is worth.
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When a mcdonald's opens in your local area by franchising to a franchisee, what is the benefit to the mcdonald's corporation?
By expanding its franchisee of locations by one more, McDonald's Corporation gains. McDonald's will undoubtedly make alot of money at the new location. Since franchisee offer finance choices, building and training support, marketing assistance, and specific techniques that have been proved successful on the front line for years, they significantly reduce the risk that most small business owners confront.
Franchisees' chances of success are further increased by strict upfront requirements for capital investments and managerial experience. Business makes money by leveraging its fast food product to franchisees who must lease facilities that are owned by McDonald's, frequently at significant markups.
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A(n) _____ is a carefully crafted document that reflects the performance specifications of the project deliverables.
A(n) _____ is a carefully crafted document that reflects the performance specifications of the project deliverables .A project scope.
What is the project scope?
Project scope is the part of project planning that involves determining and documenting a list of specific project goals, deliverables, tasks, costs and deadlines. The documentation of a project's scope is called a scope statement or terms of reference.
Project scope importance:
Project scope is a part of the project planning process that documents specific goals, deliverables, features, and budgets. The scope document details the list of activities for the successful completion of the project. The scope is defined by understanding the project requirements and the client's expectations.
.What should a project scope include?
Project scope is a detailed outline of all aspects of a project, including all related activities, resources, timelines, and deliverables, as well as the project's boundaries.
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What are my startup costs? is a key question to ask when determining the ______ of your trim framework.
Is a key question to ask when determining the resource of your trim framework.
Anything that is available in our environment and can be used to satisfy our desires is recognized as a resource as long as it is technically accessible, economically viable, and culturally appropriate.
A resource is anything that can be used to create a gain or advantage, whether it is resources, supply or support. Resources are often the natural source of wealth and quality of life traits.
Resources are the physical substances that make up part of the earth and are needed and valued by people. Natural materials become resources when they are loved by people. The use and value of resources vary from culture to culture and from time to time.
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The ability to pay attention to, or carry out, two or more different tasks simultaneously is known as?
The ability to pay attention to, or carry out, two or more different tasks simultaneously is known as Divided attention
What is Divided attention?The ability to process more than one piece of information at a time is referred to as divided attention. Deficits in divided attention are caused by a reduced capacity for cognitive processes following a TBI. Relevant information may be missed if the system becomes overloaded.
Divided attention is the ability to pay attention to two tasks at the same time, such as cooking a meal while talking to a friend or driving a car while talking to a passenger - neither activity is interrupted in order to carry out the other.
When your mind is split between multiple tasks or ideas, you have divided attention. People do this all the time, also known as multitasking. Examples include singing along to a song while driving and conversing.
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One of the major forces responsible for the rapid growth rate of the international capital market is?
One of the major forces responsible for the rapid growth rate of the international capital market is information technology.
In recent decades, the worldwide capital market has grown so rapidly because of the rise of privatizations mainly. With private capital flows rising from less than five percent of world GDP in 1975 to approximately 20 percent today, privatizations have substantially expanded market liquidity.
The key elements for the increased growth in the international equity markets are the subsequent: growth of developing markets. As developing international locations revel in increase, their home companies searching to expand into worldwide markets and take benefit of less expensive and greater flexible financial markets.
The elements affecting capital flows that the evaluation uses are domestic economic growth, global cash supply, global economic growth, interest price difference among home and main international locations' rates, foreign inventory rate, global risk, and capital flow openness.
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A strategy that increases the reliability of observational data by using explicit rules that standardize coding practices across observers is:_____.
Systematic observation is a method that improves the dependability of observational data by utilizing clear standards which standardize coding procedures between observers.
Specifying the precise behaviors, characteristics, or other factors that must be observed, as well as the manner in which they must be recorded, are typical components of systematic observation.
The goal is to guarantee that, under the same or comparable conditions, every observer will see the same findings.
What role does systematic observation play?It is feasible to gather pertinent information to describe, explain, and comprehend key components of a child's growth and learning by systematic observation of a child's play activity.
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What are some possible reasons why the percent recovery would turn out to be more than 100%?
This can be due to incomplete or conflicting responses, as well as sample loss during recovery.
It is possible for the percent yield to exceed 100%, which signifies that more sample was retrieved from a reaction than was planned. This can happen while other reactions that created the product were simultaneously taking place. It can also be an error source if the excess is caused by insufficient removal of water or other contaminants from the sample. The percentage yield is always positive.
Therefore, the percent recovery would turn out to be more than 100% because of incomplete or conflicting responses along with that sample loss during the recovery.
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An hr manager can demonstrate competency in communication by excelling at which behavior?
An HR manager can demonstrate competency in communication by excelling at listening effectively.
A crucial link between management and the workforce of employees is the human resources manager.
A competent HR professional is able to handle challenging circumstances and advise managers on issues involving staff members.
The Bureau of Labor Statistics, oversees the recruitment, interviewing, selection, and hiring procedures within a business (BLS).
Some executives who work in human resources manage all of the department's operations, establishing salary and benefits programs as well as driving training and development.
People that flourish in human resources positions also have top-notch soft skills, such as the capacity to listen and show empathy to employees who may be challenging to manage, in addition to excellent analytical abilities, management ability, and coordination of programs.
Hence, listening effectively is the correct option.
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How do top nike executives direct and motivate members of the organization? How has leadership evolved nike’s mission and core values over time?
Nike matches employee donations and offers volunteer pay, which means Nike offers the worker $10 in step with an hour for hours volunteered that they can donate to the corporation they choose. And it offers retail store personnel time on the clock to serve as weekly volunteer coaches of their groups.
We see a world wherein each person is an athlete — united in the joy of motion. Pushed with the aid of our passion for recreation and our intuition for innovation, we intend to convey thought to each athlete in the international and to make sport an everyday addiction.
To do the whole lot feasible to increase human capacity. We try this through developing groundbreaking game innovations, via making our merchandise more sustainably, with the aid of constructing an innovative and various worldwide team, and through making a fine effect in communities where we stay and work.
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The paying of taxes drains off some of the additional consumption spending created by the increases in?
The paying of taxes drains off some of the additional consumption spending created by the increases in income.
If a tax is implemented on consumption, the value of spending an hour at work decreases in relation to different activities as the tax decreases the actual amount of goods and services an individual can purchase.
Taxes influence consumer decisions and buying power as this causes individuals to have less disposable income to spend. Thus, when taxes are applied to goods that consumers purchase, they are spending more for individual items.
Hence, this means that many consumers must weigh their opportunity costs and decide between items to purchase.
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In the labor market, the _______ adjusts to balance the quantity of labor supplied and the quantity of labor demanded
In the labor market, the average wage paid to the workers adjusts to balance the quantity of labor supplied and the quantity of labor demanded. The supply and demand for labor, wherein employees give the supply and employers provide the demand, are referred to as the labor market, also referred to as the job market.
It is a crucial part of every economy and is closely connected to the markets for capital, goods, and services. Dual labor market, by definition, refers to the idea that the American labor market is divided into two groups: the Primary Sector and the Secondary Sector.
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Ethical problems common to the workplace are issues of quality, safety, property, and human relationships. true false
True. The majority of people spend the majority of their weekdays at workplace or in their offices. Therefore, it is not surprising that the employees there experience ethical issues. Many of these conundrums arise frequently. It's wrong to take something without paying for it.
Employees can address typical workplace problems without doing harm to their firm with little ethical sense and insight. Taking credit for the work of others, conducting personal business on company time, and engaging in inappropriate or harassing behavior are all unethical. Everyone in the firm is impacted by declining profits, including potential promotions, bonuses, and layoffs.
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Kent and julie are recruiters for sunspree inc. when both of them interview the same applicant, they often find that they have different opinions about the applicant's potential as a future high performer in the organization. given this information, it can be said that kent and julie have _____.
It can be said that kent and julie have Low Inter-rater Reliability.
What is Inter-rater Reliability?Inter-rater reliability is a statistical metric used to assess the degree of consensus among various judges or raters.It is employed as a method of evaluating the accuracy of the responses generated by various test items.A test's lower inter-rater reliability may be a sign that its questions are obscure, difficult to understand, or even superfluous.The percentage of items that the judges agree on can be calculated as a straightforward technique to assess inter-rater reliability.This is referred to as percent agreement, and it always falls between 0 and 1, with 0 denoting complete disagreement among raters and 1 denoting perfect agreement.To know more about Inter-rater Reliability with the given link
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A data ________ is a large-scale electronic repository of data that contains and organizes all of an organization's data in one place.
A data warehouse is a large-scale electronic repository of data that contains and organizes all of an organization's data in one place.
A data warehouse is a central repository of information that can be analyzed to make decisions more informed .
Data flows into the data warehouse from transactional systems or relational databases, and other sources.
Business analysts or the data engineers or data scientists, and decision makers generally access the data through business intelligence (BI) tools or SQL clients, and other analytics applications.
Data warehouses power different reports as well as dashboards, and analytics tools by storing data efficiently to minimize the input and output of data and deliver query results quickly to hundreds and thousands of users concurrently.
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Property inventories are important to identify insurance needs and to substantiate claims.
a. true
b. false
Property inventories are important to identify insurance needs and to substantiate claims this statement is true.
Describe inventory.Both the raw materials used in production and the finished commodities that are offered for sale are included in the definition of inventory. One of a company's most valuable assets is its inventory because it is one of the main sources of revenue generation and, consequently, a source of profits for the company's shareholders.Which four sorts of inventory are there?Raw materials, work-in-progress (WIP), finished goods, and maintenance, repair, and overhaul (MRO) are the four categories of inventory that are most frequently used (MRO). Knowing the type of inventory you have allows you to manage it more effectively and practice better inventory control.Learn more about inventory here:
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To achieve the maximum benefit of a new erp system, tasty baking implemented an enterprise system by?
To achieve the maximum benefit of a new erp system, tasty baking implemented an enterprise system by customizing less than 5 percent of the enterprise system processes.
What is enterprise system?This refers to an information system, which caters for a wide range of data or information, so that a business or an organization can effectively manage their operations.
One of the importance of enterprise systems is that it ultimately reduce the cost of running a business. Here, the company will have more of its budget free to increase customer service capabilities or invest in other assets that can improve the customer experience.
In other words, they are large complex computing systems which handle large volumes of data and enable organizations to integrate and coordinate their business activities.Enterprise system is a cross- functional information system that provides organization-wide coordination and integration of the key business processes. Enterprise system helps in planning the resources of an organization.Learn more about enterprise system here: https://brainly.com/question/1917506
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Spahr Company produces a part that is used in the manufacture of one of its products. The unit manufacturing costs of this part, assuming a production level of 5,000 units, are as follows: Direct materials $2.00 Direct labor $4.00 Variable manufacturing overhead $3.00 Fixed manufacturing overhead $1.00 Total cost $10.00 The fixed overhead costs are unavoidable. Assuming Spahr Company can purchase 5,000 units of the part from Sexton Company for $13 each, and the facilities currently used to make the part could be rented out to another manufacturer for $24,000 a year, what should Spahr Company do
Based on the fact that the fixed overhead costs to Spahr Company are unavoidable, the company should make the part and save $4 per unit.
What should the company do?The fixed overhead costs are unavoidable which means that the total cost of making the product should be net of this amount:
= 10 - 1
= $9
This means that the company incurs $9 per unit produced. If they made it themselves, they would save:
= Cost of buying - Cost of making
= 13 - 9
= $4
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If the nominal interest rate is 7 percent and the inflation rate is 3 percent, then the real interest rate is.
If the nominal interest rate is 7 percent and the inflation rate is 3 percent, then the real interest rate is 4 percent.
What is the real interest rate?The real interest rate is the rate of interest received (or expected to receive) by an investor, saver, or lender after adjusting for inflation. The Fisher equation, which indicates that the real interest rate is approximately the nominal interest rate minus the inflation rate, can be used to define it more explicitly.Real interest rates are fundamentally influenced by the degree of saving and fixed investment in the economy. All else being equal, if saving grows or fixed investment reduces, the real interest rate falls; if saving decreases or fixed investment increases, the real interest rate rises.Real interest rate = Nominal interest rate - InflationBy inserting values in the given formula, Real interest rate = Nominal interest rate - Inflation:
Real interest rate = 7 - 3
Real interest rate = 4
Therefore, if the nominal interest rate is 7 percent and the inflation rate is 3 percent, then the real interest rate is 4 percent.
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One of the major reasons for the decrease in the need for agricultural workers was?
One of the major reasons for the decrease in the need for agricultural workers was due to insufficient public investment for agrarian development.
There were many other reasons for the decrease in the need for agricultural workers which are landlessness, population pressure, environmental constraints, and technological changes in agriculture.
It is seen that worldwide, the percentage of people who work in agriculture has dropped as many people don't want to work on farms anymore. With heavy debts to pay and agricultural land being lost for other purposes, it became difficult for the agricultural workers.
Hence, these were the reasons for the decrease in the need for agricultural workers.
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The weaver watch company sells watches for $25; the fixed costs are $140,000; and variable costs are $15 per watch. what is the firm's gain or loss at sales of 8,000 watches?
Loss is of $60,000.
Given fixed cost of $140000, variable cost of $15 per watch and sales of 8000 watches.
Gain or loss is to be computed.
Simply put, a gain is a rise in the value of an item, whereas a loss is a loss of value. Gains and losses can be classified as realized or unrealized. When an investor sells an item, he or she makes a profit or a loss, unless the realized price is exactly what they paid.
The formula to compute the gain or loss is given below:
Gain or loss= Sales -variable cost+ contribution - fixed cost
=$200,000( 8,000*$25) - $120,000(8,000*$15 +$80,000-$140,000
=-$60,000
Therefore, loss is of $60,000.
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Every year, harini receives a check from the company in which she owns stock. what is the name for these periodic distributions of profits to investors?
It is dividends.
What is a Dividend?A dividend is the distribution of a company's earnings to its shareholders. This is determined by the company's board of directors. Dividends are usually distributed every three months and may be paid out in cash or reinvested in additional stock. Dividend yield is the dividend per share expressed as dividend/price as a percentage of the company's share price, e.g. 2.5%.Common shareholders of dividend-paying companies are eligible to receive a distribution as long as they own the stock before the ex-dividend date.A dividend is a payment of corporate earnings to shareholders who meet certain qualifications. The amount and frequency of dividend payments is determined by the company's board of directors.To learn more about Dividends from the given link
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To minimize disruptions in brokerage operations stemming from an unexpected event a broker should_________.
To minimize disruptions in brokerage operations stemming from an unexpected event a broker should have a succession plan in place before the unexpected event occurs.
For succession plan a broker can consider the following points:
Check the governing documents of the entity to see who has authority to appoint a new designated broker.
If it is seen the same person as the designated broker, an attorney should be contacted to amend the governing documents so that another person could be added to the ownership and governance of the entity.
If it requires the unanimous consent of all of the directors, members, or partners, and the designated broker is member of one of those parties, attorney is contacted to amend the governing documents to allow the remaining directors, members, or partners to appoint a new designated broker.
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