Calculate ending inventory, cost of goods sold, gross profit under each of the following methods. (1) lifo. (2) fifo. (3) average-cost. (round answers to 0 decimal place, e. g. 125.) lifo fifo average-cost the ending inventory $ the cost of goods sold $ gross profit e textbook and media list of accounts calculate gross profit rate under each of the following methods. (1) lifo. (2) fifo. (3) average-cost. (round answers to 1 decimal place, e. g. 51.2%) lifo fifo average-cost gross profit rate you have the following information for splish brothers inc. for the month ended october 31, 2022. splish brothers uses a periodic method for inventory. date description units unit cost or selling price oct. 1 beginning inventory oct. 9 purchase oct. 11 sale oct. 17 purchase oct. 22 sale oct. 25 purchase oct. 29 sale calculate the weighted average cost. (round answer to 3 decimal places, e. g. 5.125.) weighted average cost per unit $ 28.5 e textbook and media list of accounts
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Business, 21.06.2019 21:00
Which of the following statements is correct? a) due to limited liability, unlimited lives, and ease of ownership transfer, the vast majority of u.s. businesses (in terms of number of businesses) are organized as corporationsb) most businesses (by number and total dollar sales) are organized as proprietorships or corporation. however, if the business gets very large, it becomes advantageous to convert to a corporation, primarily because corporations have important tax advantages over proprietorships and partnerships.c) due to legal considerations related to ownership transfers and limited liability, which affect the ability to attract capital, most business (measured by dollar sales) is conducted by corporations in spite of large corporations' less favorable tax treatmentd) large corporations are taxed more favorably than proprietorshipse) corporate stockholders are exposed to unlimited liability
Answers: 2
Business, 22.06.2019 05:00
Every 10 years, the federal government sponsors a national survey of health and health practices (nhanes). one question in the survey asks participants to rate their overall health using a 5-point rating scale. what is the scale of measurement used for this question? ratio ordinal interval nominal
Answers: 1
Business, 22.06.2019 15:40
Rachel died in 2014 and her executor is finalizing her estate tax return. the executor has determined that rachel’s adjusted gross estate is $10,120,000 and that her estate is entitled to a charitable deduction in the amount of $500,000. using 2014 rates, calculate the estate tax liability for rachel’s estate.
Answers: 1
Business, 22.06.2019 17:00
Which represents a surplus in the market? a market price equals equilibrium price. b quantity supplied is greater than quantity demanded. c market price is less than equilibrium price. d quantity supplied equals quantity demanded.
Answers: 2
Calculate ending inventory, cost of goods sold, gross profit under each of the following methods. (1...
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