Inventory cost methods (fifo, lifo, and weighted average) are used to calculate a per-unit cost when inventory is sold.
Weighted Average Cost Method of Inventory Calculation
One of the three inventory cost flow assumptions used in inventory costing is the weighted average cost (AVCO) technique, often known as the AVCO method. The AVCO method is used to calculate the cost of inventory at the end of the year and the cost of goods sold (COGS) throughout the year, just like FIFO and LIFO. This method bases the cost of inventory on the weighted AVCO of the year's inventory acquisitions.
How costs migrate from the balance sheet's merchandise inventory to the income statement's COGS is determined by a cost flow assumption.
to know more about average cost method
https://brainly.com/question/24938626
#SPJ4
From 2008-2012, texas's unemployment rate? was the highest in the nation. was among the highest in the nation. was about the national average. was lower than the national average.
Texas had a lower unemployment rate than the rest of the US between 2008 and 2012.
Texas had a lower unemployment rate than the rest of the US between 2008 and 2012 and was lower than the national average. The expansion of the trade, transportation, and utilities sectors was the main cause of the decline in unemployment. The percentage of the labor force without a job is known as the unemployment rate. It is a lagging indicator, which means that rather than foretelling changes in economic conditions, it often rises or decreases in response to them. The unemployment rate is likely to increase when the economy is struggling and there are few open positions.
To learn more about unemployment rate here
https://brainly.com/question/28097828
#SPJ4
The total value of final goods and services produced within a nation's borders within a given year is known as that nation's:_______
The total value of final goods and services produced within a nation's borders within a given year is known as that nation's gross domestic product.
What is the gross domestic product?Gross domestic product is the total sum of final goods and services produced in an economy within a given financial year. The gross domestic product is usually used as a measure of economic growth.
One of the ways used to determine the value of gross domestic product is the expenditure method:
GDP = Consumption spending by households + Investment spending by businesses + Government spending + Net export
Where: Net export = exports – imports
To learn more about GDP, please check: https://brainly.com/question/15225458
#SPJ1
A(n) blank______ market is created when a customs union lifts restrictions on the mobility of services, labor, and capital among member nations.
A(n) blank common market is created when a customs union lifts restrictions on the mobility of services, labor, and capital among member nations.
What are common markets?
A common market is a formal agreement where a group is formed amongst several countries that adopt a common external tariff. In a common market, countries also allow free trade and free movement of labor and capital among the members of the group.
What is the difference between common market and single market?
A common market is usually referred to as the primary stage towards the creation of a common market. It usually is built upon a free trade area with no tariffs for goods and similar free movements of capital, workers and services, but not so advanced in decrease of other trade barriers.
Learn more about single market :
brainly.com/question/3335678
#SPJ4
People with an internal locus of control don't react well to close supervision, so managers should:________
People with an internal locus of control don't react well to close supervision, so managers should give them a considerable voice in how work is performed.
Who are managers?A general manager (GM) is in charge of all or a portion of the activities carried out by a department or by the entire business, including raising money and keeping expenditures under control. One of the senior executives in small businesses might be the general manager. GMs are placed behind corporate-level leaders in hierarchical organizations but above the majority of employees. Depending on the organization's structure, each company may have a different level of responsibility and importance attached to a certain position.
Lower-level supervisors are supervised by the GM. These lower-level managers may oversee a number of lesser departments, but they still answer to the GM. The GM provides each department head with clear instructions. A general manager is responsible for this oversight, including the hiring, development, and coaching of lower-level managers.
Thus, In addition to offering strategic plans for the organization based on company goals, the GM may set incentives for employees and evaluate the effectiveness of departments.
For more information on managers, refer to the given link:
https://brainly.com/question/14523862
#SPJ4
Spreadsheet functions used to calculate the present value of multiple cash flows assume, by default, that all cash flows occur at the _______ of the period.
The spreadsheet functions used to calculate the present value of multiple cash flows assume that all cash flows occur at the end of the period.
What is a present value?It refers to the current value of a future sum of money or stream of cash flows given a specified rate of return.
The future cash flows are to be discounted at the discount rate and the higher the discount rate, the lower the present value of the future cash flows.
In conclusion, the spreadsheet functions used to calculate the present value of multiple cash flows assume that all cash flows occur at the end of the period.
Read more about present value
brainly.com/question/24852229
#SPJ1
In 2021, the maximum contribution that an individual who earns $1,000 can make to an ira is:________
a. $1,000
b. $4,000
c. $5,000
d. $6,000
The correct answer is (a) $1,000.
In the United States, an individual retirement account is a type of pension offered by several financial companies that offers tax benefits for retirement savings.
ExplanationThe maximum individual IRA contribution for 2021 is the lesser of 100% of income or $6,000 per person. The maximum donation allowed is $1,000 due to this person's $1,000 annual income. Of course, if a person only makes $1,000 a year, they most likely don't have enough money to pay their bills and they most likely don't have any extra money to put into an IRA, but that is not the question.
What is IRA?You may save money for retirement tax-advantageously with an individual retirement account (IRA). An IRA is a financial institution-created account that enables someone to save for retirement while earning tax-free growth or on a tax-deferred basis.
To know more about Retirement, visit: https://brainly.com/question/20751552
#SPJ4
A small change in a firm's targeted markets or strategic direction usually has little impact on the value chain.
a. true
b. false
A small change in a firm's targeted markets or strategic direction usually has little impact on the value chain. The assertion is untrue.
What Is a Value Chain?
A value chain is a business model that outlines all the steps involved in producing a good or service. A value chain for businesses that manufacture things includes all of the processes involved in taking a product from conception to distribution, as well as everything that happens in between, such as sourcing raw materials, performing manufacturing tasks, and engaging in marketing activities.
A company conducts a value-chain analysis by reviewing the particular procedures involved in each step of its business. A value-chain analysis' goal is to boost production efficiency so that a business can provide the most value for the least amount of money.
to know more about value chain
https://brainly.com/question/1380316
#SPJ4
The townsquare tattler, a gossip tabloid, has decided to do some market research to help it sell more advertising. what should it seek to learn through its research?
For the townsquare tattler, what it should have to seek to learn through research would be the The demographic profile of its audience.
What is a market research?This is the term that is used to refer to the type of research that occurs in the market where the person that is developing the product would have to check out the viable market for the product they are making.
The goal is to get the target customers and the buyers of the products that they are making in the market. Hence we can say that for the townsquare tattler, what it should have to seek to learn through research would be the The demographic profile of its audience.
Read more on market research here: https://brainly.com/question/12371177
#SPJ1
Financial inequality between public schools was an important issue in th 1990s but has been mostly resolved in the past decade. True or false
Financial inequality between public schools was a crucial issue in the 1990s but has been mostly resolved in the past decade. False.
What is the distinction between public and private schools in the Philippines?Private schools are not government funded, but track the same curriculum as public schools. Many private schools in the Philippines began as missionary or Christian schools. Classes are less than in public schools, and the facilities and resources are usually much better. Well, when it arrives to comparing the wisdom outcomes of children, private schools are no better than state schools.
To learn more about public schools visit the link
https://brainly.com/question/11340401
#SPJ4
Ellie is 15 and claimed as a dependent by her parents. She has $800 in dividends income and $1,400 in wages from a part-time job
The standard deduction for Ellie will be $1750
Age of Ellie is 15 years and is dependent on her parents.
Dividends income currently with Ellie = $800
Wages income with Ellie from her part-time job = $1400
Since Ellie is dependent on her parents and earned some income she is liable to pay tax according to standard deductions of the Internal Revenue Services(IRS)
Therefore computing the deductions:
Ellie being a dependent, her standard deductions are limited to the greater of (1) $1100 or your earned income plus $350
In this case,
Income from wages is = $1400 which is greater than $1100
Therefore , her standard deductions will be earned income +350 = 1400 + 350 = $1750
Although a part of your question is missing, you might be referring to this full question: Ellie is 15 and claimed as a dependent by her parents. She has $800 in dividends income and $1,400 in wages from a part-time job. Compute the 2019 standard deductions.
Learn more about taxation:
https://brainly.com/question/1980107
#SPJ4
The electric company has the right to extend its wires over 50 parcels of land. what right does the electric company have?
When an electric company has the right to extend its wires over 50 parcels of land, the company is said to be in the possession of the right to easement in gross.
What is the significance of easement in gross?Easement in gross can be referred to or considered as a right where the person has a right to use the part of an immovable property without having a potential ownership of the land that the person has been encumbered to use. Usually companies take purchase only rights to easement in gross in order to save their fixed expenditures.
Therefore, the significance regarding an easement in gross has been aforementioned.
Learn more about easement in gross here:
https://brainly.com/question/14309969
#SPJ1
A market with many buyers and sellers free entry and exit and no externalities is called:_______.
Answer:
market economy
Explanation:
command economy is complete government control, traditional economy is occupations led down through generations, market economy is an absolute free market, and mixed economy is a mixture of command and market.
__________ is the visitation of natural areas for enjoyment, often in areas near less-affluent communities that economically benefit from conserving the natural area.
Ecotourism is the visitation of natural areas for enjoyment, often in areas near less-affluent communities that economically benefit from conserving the natural area.
What is Ecotourism?Ecotourism is defined as "responsible travel to natural areas that preserves the environment, preserves the wellness of local people, and involves interpretation and education."
A journey to the Galapagos Islands is an illustration of ecotourism since it protects the local wildlife and ecosystem while allowing visitors to observe and engage with it.
Thus, it is Ecotourism.
For more details about Ecotourism, click here:
https://brainly.com/question/10705600
#SPJ1
_____ is the ability and willingness to assess claims and make judgments on the basis of well-supported reasons and evidence, rather than from emotion or anecdote.
Critical thinking is the ability and willingness to assess claims and make judgments.
What is meant by critical thinking?Critical thinking is a rich concept that has been developing throughout the past 2,500 years.The term "critical thinking" has its roots in the mid-late 20th century. Below, we offer overlapping definitions which together form a substantive and trans-disciplinary conception of critical thinking.
Critical thinking is the intellectually disciplined process of actively and skillfully conceptualizing, applying, analyzing, synthesizing, and/or evaluating information gathered from, or generated by, observation, experience, reflection, reasoning, or communication, as a guide to belief and action.
In its exemplary form, it is based on universal intellectual values that transcend subject matter divisions: clarity, accuracy, precision, consistency, relevance, sound evidence, good reasons, depth, breadth, and fairness.
To learn more about Critical thinking, refer
to https://brainly.com/question/26106218
#SPJ4
Custom creations furniture company manufactures furniture at its akron, ohio, factory. some of its costs from the past year include?
Custom creations furniture company manufactures furniture at its akron, ohio, factory. some of its costs from the past year include Manufacturing overhead costs $261,800
What is Akron, Ohio's primary industry?The City of Akron's top employers are a varied array of healthcare, banking, utility, manufacturing, and distribution businesses. These larger companies exhibit the kind of corporate citizenship that would be the pride of any community, whether it be in the fields of finance, medicine, or hospital services.
What is the renown of Akron, Ohio?The World Championship - Bridgestone Invitational golf event, the All-American Soap Box Derby, AA, oatmeal, artificial fishing lures, and Stan Hywet Hall, one of America's best Tudor Revival structures, are all found in Akron.
Is Akron, Ohio, still known as the world's rubber capital?The "Rubber Capital of the World" was Akron, Ohio, which was home to numerous rubber businesses. The B.F. Goodrich Company, the Goodyear Tire and Rubber Company, and the Firestone Tire and Rubber Company were a few of the major rubber manufacturers with operations in the region.
What's life like in Akron, Ohio?Low crime rates and a small-town atmosphere characterize it. Additionally, it features a business sector, a community center, a library, and parks. The wealthiest area is Northwest Akron, namely Fairlawn Heights. Large lots for single-family homes are available, and the surrounding countryside is stunning.
To Know more about corporate citizenship
https://brainly.com/question/28414345
#SPJ4
As the price of a bond ________ and the expected return ________, bonds become more attractive to investors and the quantity demanded rises.
The price of a bond Falls and the anticipated return Rises, bonds come more seductive to investors and the volume demanded rises.
Let's now suppose about how bonds are impacted by interest rates. Interest rate and credit spread make up the maturity of a bond's yield. The interest rate is the base rate for all bonds nominated in a particular currency and compensates investors for their abecedarian profitable pitfalls, whereas credit spread indicates the idiosyncratic pitfalls related to specific issuers.
thus, if the request anticipates an increase in interest rates, bond yields will also increase, which will beget bond prices decline.
The price of a bond Falls and the expected return Rises, bonds become more attractive to investors and the quantity demanded rises.
To learn more about the above topic, visit the following link:
https://brainly.com/question/27990919
#SPJ4
A bad financial decision is defined as a decision that ______ shareholder wealth.
The definition of a bad financial decision is one that reduces shareholder wealth.
Financing, investing, dividends, and working capital management are the main topics of financial decision-making. Making decisions enables the business to achieve its objectives by making the best use of the resources at hand. A company entity cannot last over the long run without achieving minimum financial performance requirements.
So, in a sense, financial management provides a conceptual and analytical framework for making financial decisions. Making investment decisions involves choosing how to divide up the company's capital amongst different assets. Investment choices can either be made for the long term or the short term. Decisions on capital budgeting are substantial long-term investments that can only be reversed with a hefty penalty.
To learn more about shareholder wealth here
https://brainly.com/question/28320102
#SPJ4
____ focuses on the productivity of the individual worker; the _____ approach focuses on the total organization.
Individual focuses on the productivity of the individual worker; the organizational approach focuses on the total organization.
Individual productivity in the workplace entails executing tasks that advance you toward achieving your objectives in a timely manner and contribute to your work-life balance and simplicity.
You divide the average production for a given period by the expenses incurred or the resources, such as staff, used during that period to determine productivity.
Being able to create, especially quickly and with excellent quality, is a sign of productivity. Making excellent school tasks in a short amount of time is an example of productivity. How quickly toys can be produced in a toy factory is an illustration of productivity.
To learn more on individual productivity
https://brainly.com/question/3053378
#SPJ4
Those who support globalization recognize that while some concessions occur during the process of globalization, ultimately, it still works because?
Those who support globalization recognize that while some concessions occur during the process of globalization, ultimately, it still works because the benefits outweigh the costs.
Globalization is the global economy, culture, and people brought about by cross-border trade in goods and services, technology and investment, the flow of people and information, and the fact that the world has become more connected through technology. It is a term that describes the growing interdependence of A place of interdependence. The scope of globalization also includes the resulting economic and social changes.
According to the International Monetary Fund, 'globalization' is defined as an increase in the volume and variety of cross-border transactions in goods and services, international capital flows, and an increase in the number of countries around the world through faster and more extensive transactions. It means increasing interdependence. diffusion of technology”.
Learn more about globalization here
https://brainly.com/question/25499191
#SPJ4
The stamp act was a:_____.
a. prohibition on all unofficial mail. b. law permitting the crown to open mail.
c. tax on sugar, molasses, and other commodities.
d. tax on commerce.
The stamp act was a tax on commerce.
The British government enacts the Stamp Act on March 22, 1765, in an effort to generate money for debt repayment and the defense of the sizable new American territory acquired from the French during the Seven Years' War (1756–1763). The law imposed a direct tax on all printed items intended for commercial and authorized usage in the colonies, including playing cards, newspapers, and pamphlets.
Despite using a tactic that was a typical means of obtaining money in England, the Stamp Act sparked a storm of opposition in the colonies. The Sugar Act (1764), which imposed new duties on imports of textiles, wines, coffee, and sugar; the Currency Act (1764), which significantly reduced the value of the colonists' paper money; and the Quartering Act (1765), which under certain conditions required colonists to provide food and lodging to British troops.
To learn more about stamp act from the given link.
https://brainly.com/question/207865
#SPJ4
When consumers reduce spending, the reduction in the velocity of money is split between?
When consumers reduce spending, the reduction in the velocity of money is divided between a decline in growth and a decrease in inflation.
Inflation can be defined as an increase in prices, which can be translated as a decrease in purchasing power over time. The rate of decline in people's purchasing power can be reflected in the increase in the average price of a selected basket of goods and services over a period of time. An increase in price, which is often expressed as a percentage, means that one unit of currency is effectively buying less than it did in the previous period. Inflation can be contrasted with deflation, which occurs when prices fall and people's purchasing power increases.
You can learn more about inflation here brainly.com/question/28190771
#SPJ4
Which would you rather be owning if there is a decline in market interest rates: long-term bonds or short-term bonds? why?
Long-term bonds are preferable to hold if interest rates decrease because their price will rise more than the price of short-term bonds, providing a bigger return. Long-term bonds, however, are more susceptible to interest-rate risk. In addition, the longevity of the bonds, not only their term to maturity, is a major factor.
What are short-term bonds?Short-term bonds may offer consistent income with comparatively little risk. When compared to money markets, higher profits can be obtained. Even some bonds are tax-free.
The potential yield of a short-term bond is higher than that of money market investments. Bonds having shorter maturities are often more resistant to changes in interest rates than other types of assets. Purchasing a bond and keeping it until it matures entitles you to the stated principle and interestrates.
To know more about bonds, visit
brainly.com/question/22939161
#SPJ4
When calculating the future value of multiple cash flows using a spreadsheet, you must:_________
The answer is to calculate the present value of each cash flow and then add the discounted values together.
When calculating the future value of multiple cash flows using a spreadsheet, you must calculate the present value of each cash flow and then add the discounted values together.
What is the meaning of cash flow?A cash flow is a physical or digital flow of funds.
The phrase "cash flow" is typically used to represent payments that are projected to happen in the future, are thus unknown, and so need to be forecast using cash flows; a cash flow in its restricted sense is a payment (in a currency), especially from one central bank account to another;
A cash flow's time t, nominal quantity N, currency CCY, and account A are what make it up; symbolically, CF = CF (t,N,CCY,A).
However, it is common to use the term "cash flow" in a broader meaning to describe (symbolic) payments into or out of a company, project, or financial product.
Value, interest rate, and liquidity are only loosely correlated with cash flows. A cash flow that will occur on day tN in the future can be changed into a cash flow with the same value on day t0.
To know more about cash flow, visit:
https://brainly.com/question/15046681
#SPJ4
A list containing the knowledge, skills, abilities, work experience, education, and training that defines the qualifications needed for a position is called a(n)?
When there is a list that contains the knowledge, skills, abilities, work experience, education, and training needed for a position, this is the Job Specification.
What is a job specification?A Job Specification refers to a list of requirements that are needed from a candidate who wants to apply for a certain position.
These requirements will include, but are not limited to, the knowledge, skills, abilities, and work experience that the person needs. Their educational qualifications and training will also be included most likely.
Find out more on job specification requirements at https://brainly.com/question/4677114
#SPJ1
If a licensee joins a company as an independent contractor, which of these will he probably not have to pay for on his own?
If a licensee joins a company as an independent contractor Health insurance will he probably not have to pay for on his own.
What is the waiting time for health insurance?The waiting period in health insurance guides to the time period the insured is needed to wait for, from the date of issue of the health insurance policy, to be able to avail the usefulness under the policy. The terms and requirements of a waiting period vary from insurance company to insurance company.
What is health policy insurance?
Health insurance is a warranty that requires an insurer to pay some or all of a person's healthcare costs in business for a premium. More specifically, health insurance generally pays for medical, surgical, prescription drug, and occasionally dental expenses incurred by the insured.
To learn more about Health insurance, refer
https://brainly.com/question/1941778
#SPJ4
If the money supply increases 12 percent, velocity decreases 4 percent, and the price level increases 5 percent, then the change in real gdp must be ______ percent.
The price level increases 5 percent, then the change in real GDP must be 3 percent.
Evaluation :
If the cash supply increases 12 percent, velocity decreases 4 percent, and therefore the price level increases 5 percent, then the change in real GDP must be three percent.change in M + change in V= change in P + change in Y = 12-4= 5 +change in Y
Y = 8 - 5
Y = 3
What is Gross Domestic Product ?The term "Gross Domestic Product," or GDP, refers to the entire monetary worth of all finished goods and services produced (and marketed) within a nation within a specific time period (typically 1 year). Purpose. the foremost often used indicator of economic activity is the GDP.The quantity of all commodities and services produced is multiplied by their prices, and therefore the resulting amount is used to calculate GDP.
How to calculate GDP ?GDP are often calculated using either the total amount of goods and services purchased or the amount of production. Consumption, investment, government, exports, and imports are the various categories of demand.Accordingly, GDP is defined by the subsequent formula:
GDP = Consumption + Investment + Government Spending + Net Exports or
more succinctly as : GDP = C + I + G + NX
Learn more about Gross Domestic Product:
brainly.com/question/1152672
#SPJ4
When the demand for bonds ________ or the supply of bonds ________, interest rates rise.
When the demand for bonds decreases or the supply of bonds increases, interest rates rise.
What is Interest rate?
An interest rate is the amount of interest that is payable each period stated as a proportion of the amount lent, deposited, or borrowed (called the principal sum). The principal amount, interest rate, frequency of compounding, and duration of the loan, deposit, or borrowing determine the total amount of interest on a sum that was lent or borrowed. The annual interest rate is the rate of interest that is calculated over a year. Other interest rates—frequently annualized—apply to shorter time frames, like a day or a month.
To learn more about Interest rate
https://brainly.com/question/25793394
#SPJ4
What is the most effective way to learn more about a large health club company before an interview with a hiring manager?
Examining the company's website and social media channels to learn more about all of the programs and services available are effective way to learn more about a large company before an interview with a hiring manager.
How to learn about any company efficiently ?Look for businesses that share your beliefs.Investigate the company's employee benefits.Discover the company's business operations.Look into the company's leadership.Expand your investigation to include current events and news.Seek feedback from your network.Look for red flags in the news.Set aside the time required to conduct thorough research.Examine relevant local news articles, forums, and business journals.Determine the type of company for which you wish to work.In an interview, be strategic about how you present your research.To know more about ways to learn about company from given link
https://brainly.com/question/3752408
#SPJ4
Which general considerations help guide management's response to the environment?
General considerations that can help guide management's response to the environment are as follows:
Responses which are financially efficient and also effective should be considered.Organization should consider responses which will give rise to esprit de corps.Organization should go with responses that are fixing the appropriate elements of environment.What is an Internal Environment ?The atmosphere within the organizational structure of a corporation is defined by a set of factors called the internal environment. It defines how interactions and connections take place within the company, typically between coworkers.
Therefore, General considerations that can help guide management's response to the environment are the one's with cost friendly, effective and team friendly.
Learn more about Internal environment here:
https://brainly.com/question/14365606
#SPJ4
A company exhibiting a high liquidity ratio is likely to have enough resources to pay off its short-term obligations. True or false?.
A company exhibiting a high liquidity ratio is likely to have enough resources to pay off its short-term obligations is a True Statement.
By calculating indicators such as the current ratio, quick ratio, and operational cash flow ratio, liquidity ratios assess a company's capacity to meet its financial commitments as well as its margin of safety.
The current ratio, acid test ratio (sometimes called the quick ratio), cash ratio, and working capital ratio are some of the most typical instances of liquidity ratios. Different analysts view certain assets as relevant in different ways.
Current liabilities, often known as short-term obligations, refer to a company's debts that are due to be repaid within a year. Short-term bank loans, accounts payable, salaries, lease payments, and income taxes payable are typical examples of short-term debt.
To learn more about liquidity ratio
https://brainly.com/question/14325778
#SPJ4