The correct option is "higher".
<span>During a period of rising prices, FIFO provides the higher net income figures and during the period of falling prices, LIFO provides the higher net income figures.
FIFO stands for first in, first out.
LIFO stands for last in, first out.</span>
Answer:
Correct option is (c)
Explanation:
Given:
Amount that Sue has in her account before any transactions = $899.83
Expenses:
Rent = $353.76
Video game = $32.79
Bike maintenance = $60.26
Jacket = $55.62
Rug = $80.40
Night out = $35.77
Total expenses = 353.76 + 32.79 + 60.26 + 55.62 + 80.4 + 35.77
= $618.60
Money left in the account after making transactions = 899.83 - 618.60
= $281.23
Sue's share of cost of TV = $305.22
If she agrees to buy a TV, her account will be overdrawn by $23.99 (281.23 - 305.22) as balance in account is lesser than cost of TV.
Answer:
a- $38,000
Explanation:
Units-of-production method of depreciation is a method in which depreciation is charged based on the output given by the asset in a period.
Truck Purchase price = $48,000
Estimated unit for depreciation = $100,000 miles
Salvage value = $8,000
Total Millage in 3 years = 40,000 + 20,000 + 35,000 = 95,000 miles
Accumulated Depreciation = ( Initial cost - Salvage value) Driven Millage / estimated total Millage
Accumulated Depreciation = ( $48,000 - $8,000 ) 95,000 / 100,000 = $38,000
Answer:
A
Explanation:
The major components of a good opening for a cover message are already given and the only statement that best fit the definition is
" Dan Brown , a member of your marketing team told me that FedMax is seeking an experienced market researcher to work on a new product campaign"
The statement identified the position (market researcher) the body that sells the candidate (Dan Brown )and also the focus on the employer's need (new product campaign)
However ,the summary of qualification is supposed to be added to demonstrate a fit for the work
Explanation:
