Answer:
$20 million
Explanation:
The computation of the ending inventory if FIFO is used
= LIFO reserve + Ending inventory based on LIFO inventory
= $3 million + $17 million
= $20 million
We simply added the LIFO reserve and LIFO ending inventory so that FIFO ending inventory can be computed. Hence, we take all the items for the computation part.
Answer:
The correct options are;
Photos taken by a student in his blog
An illustration sold by an artist on her website
An excerpt from a novel published in 1913
Explanation:
With the copyright law the holder of a copyrighted material has the exclusive authority to grant permission to others to create from, copy, distribute, or display in public, the copyrighted material.
A copyright is said to have expired and to be in public domain (with automatic permission to use) when it has been up to 120 years since it was created. Government created material are not covered by the copyright law and can be used
Copyright material can only be used without the express permission of the copyright owner when it is covered by the TEACH Act of the usage must be taken as "fair use"
Therefore,
1) photos taken by a student in his blog
2) An illustration sold by an artist on her website
3) An excerpt from a novel published in 1913 are copyrighted online materials.
Answer:
0.00573
Explanation:
Cost of the bond today = $99.43
Value of bond at end of year = $100
Difference = $100 - $99.43 = $0.57
This $0.57 represents earnings on such bond value, that is yield on the bond.
Thus, yearly yield = $0.57/$99.43 = 0.00573
This value represents the discount rate of 1 year on $100 that is for which present value $99.43.
Final Answer
0.00573
Answer:
Answer 1.
Beneath referenced pointers show that organization arranged the liquidation for recent years or something like that.
- The way that there had been no interest in R&D for recent years which more likely than not brought about noteworthy cost putting something aside for the organization.
- BBB bought expanded size of stock on layaway from providers in recent years which is a warning.
- Indeed, even without bringing about any R&D cost for recent years, CFO of BBB moved toward the bank to expand the credit line of the organization and utilized all credit line without legitimate desk work.
- CFO erroneously guaranteed the brokers about new product offering so as to look for advances/increment credit line.
- Indeed, even with diminished deals, organization was indicating lower supply of stock. They more likely than not been offering the stock at cost to outsider or shrouded it at an undisclosed area to dupe the providers.
- With no interest in R&D and declining business possibilities, organization couldn't have given new offers for subsidizing
Answer 2.
Yes, even if it is a fraudulent filing for bankruptcy, BBB organization despite everything can select to petition for financial protection or BBB can close the business through and through and escape with the reserve funds and continues from the offer of the stock. Indeed, even leasers and providers reserve the option to petition for automatic insolvency against the BBB in the event that BBB doesn't seek financial protection.
It thoroughly relies upon the BBB Company, in the event that it selects to declare financial insolvency under section 7, or 11 of the liquidation code. Be that as it may, it is just under section 11 liquidation procedures of the chapter 11 court it very well may be set up that BBB's aim and untrustworthy strategic policies establishes to insolvency misrepresentation.
