Which of the following statements is correct? Multiple Choice The average cost method will result in an ending inventory balance which is somewhere between LIFO and FIFO when inventory unit costs are changing. The choice of an inventory costing method is dependent upon the actual physical flow of the goods in inventory. LIFO should be used during a period of increasing unit costs when the objective is to maximize the ending inventory value on the balance sheet. FIFO should be used during a period of decreasing unit costs when the objective is to maximize the gross profit reported on the income statement.

To increase sales, robert sends out a newsletter to his customers each month, letting them know about new products and ways in which to use them. in order to protect his customers' privacy, he uses this field when addressing his e-mail. attach bcc forward to

Which of the following emails should he save in this folder instead of deleting or moving it to another folder

You are the owner of a local honda dealership. unlike other dealerships in the area, you take pride in your “no haggle” sales policy. last year, your dealership earned record profits of $1.5 million. however, according to the local chamber of commerce, your earnings were 10 percent less than either of your competitors. in your market, the price elasticity of demand for midsized honda automobiles is 4.5. in each of the last five years, your dealership has sold more midsized automobiles than any other honda dealership in the nation. this entitled your dealership to an additional 30 percent off the manufacturer’s suggested retail price (msrp) in each year. taking this into account, your marginal cost of a midsized automobile is $11,000. what price should you charge for a midsized automobile if you expect to maintain your record sales?