which financial statement would you utilize to determine whether a company will be able to pay liabilities

Answers

Answer 1

The financial statement that can be used to determine whether a company will be able to pay its liabilities is the cash flow statement.

This statement shows the inflow and outflow of cash in a business, including operating activities, investing activities, and financing activities. By analyzing the cash flow statement, investors and creditors can assess the company's liquidity, solvency, and its ability to meet its obligations.

The cash flow statement provides a clear picture of the company's cash position, including its cash inflows and outflows over a specific period.

By examining the operating activities section, one can determine whether the company is generating sufficient cash from its core operations to meet its current liabilities.

If the company is generating a positive cash flow from operations, it indicates that it has sufficient cash to meet its current obligations.

Moreover, the financing activities section of the cash flow statement shows whether the company is receiving funds from external sources or repaying debts.

If a company is consistently receiving funds from external sources, it may indicate that it is struggling to generate sufficient cash internally to meet its obligations.

On the other hand, if a company is consistently repaying its debts, it indicates that the company is financially stable and capable of meeting its liabilities.

Overall, the cash flow statement provides crucial information for assessing a company's ability to pay its liabilities. Investors and creditors can use this information to make informed decisions about investing or lending to the company.

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Related Questions

In 2022, Cooke Corporation had cash receipts of $46,000 and cash disbursements of $22,000. Cooke's ending cash balance at December 31, 2022, was $78,000. What was Cooke's beginning ca

Answers

Based on the information given Cooke's beginning cash balance is $54,000.

Beginning cash balance:

Using this formula

Beginning cash balance=Ending cash balance-Cash receipts+Cash disbursements

Where:

Ending cash balance=$78,000

Cash receipts=$46,000

Cash disbursements=$22,000

Let plug in the formula

Beginning cash balance=$78,000-$46,000+$22,000

Beginning cash balance=$54,000

Inconclusion Cooke's beginning cash balance is $54,000.

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Answers

Answer:

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If you are interviewed by more than one person, you should send a thank-you note to _____.


each person in the interview

each person you see in the building

the first person you are introduced to

the person who is obviously leading the interview

Answers

Answer:

option A is correct.

i.e.

each person in the interview.

Explanation:

Because thank-you letter provides a simple but effective way to express gratitude to all the individuals you met with.

When making decisions, managers often must decide between doing what is beneficial for the firm in the short term, and what is beneficial for both the firm and society in the long term. To address this conflict, a firm must

Answers

When making decisions, managers are often faced with a conflict between what is beneficial for the firm in the short-term and what is beneficial for both the firm and society in the long-term.

This conflict arises because the actions that benefit the firm in the short-term may not necessarily align with the interests of society as a whole, which can lead to negative consequences for both the company and society in the long-term.

To address this conflict, a firm must adopt a long-term orientation and consider the broader social and environmental impacts of its decisions. This means looking beyond immediate financial gains and recognizing that actions taken today can have far-reaching implications for the company's reputation, customer loyalty, employee morale, and overall sustainability.

Firms that prioritize social responsibility and sustainable business practices are more likely to build strong relationships with stakeholders, including customers, employees, investors, and regulators. They are also better equipped to weather economic downturns and other disruptions, as they have diversified their risk and invested in building resilient supply chains and communities.

Ultimately, the key to addressing the conflict between short-term gains and long-term benefits is a commitment to corporate social responsibility (CSR) and sustainable business practices. By prioritizing the needs of society and the environment alongside those of shareholders, firms can create value for all stakeholders over the long-term, ensuring their continued success and impact.

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How do you think the narrator of the story will pay off credit card debt? What might the federal government have to do to pay off some of its debt?

Answers

To pay off some of its debt, the federal government could implement a combination of measures such as:Increase revenue: The government could increase taxes on individuals and businesses to generate more revenue.

Reduce spending: The government could cut spending in areas such as defense, healthcare, and social welfare programs. This could be done by eliminating redundant programs, reducing the size of the military, or reducing the number of government employees.Sell assets: The government could sell off assets that are no longer needed, such as unused land or buildings, to generate additional revenue.Borrow at lower interest rates: The government could attempt to refinance its debt at lower interest rates to reduce the cost of its debt.Inflation: Inflation can erode the real value of the debt, making it easier to pay off.

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Which of the following social media options is best for a company wishing to allow customers to share their own comments and reviews of
products or services?
O a
b
Oc
Od
A website
Microblogging
Photo sharing
Video sharing

Answers

The microblogging is the best for a company wishing to allow customers to share their own comments and reviews of products or services

How is microblogging the best way?

The social media option that would be best for a company wishing to allow customers to share their own comments and reviews of products or services is microblogging. This option allows for short messages or posts to be shared with a large audience, making it easy for customers to share their thoughts and opinions.

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2. Describe the nature and use of the product or service of The American Eatery "Super Donuts" (features, benefits, proprietary issues, required modifications, etc.) that the organization will be introducing to the Canadian market.

Answers

Super Donuts, a renowned American eatery, plans to enter the Canadian market with handcrafted, diverse-flavored donuts. They prioritize customization, freshness, and localization, backed by nutritional information and market research.

The American Eatery "Super Donuts" is a renowned brand known for its delectable and innovative donut creations. As the organization plans to introduce its product or service to the Canadian market, let's delve into the nature and use of Super Donuts, including its features, benefits, proprietary issues, and required modifications.

Nature and Use:

Super Donuts offers a wide range of freshly baked donuts that are made with high-quality ingredients and unique flavor combinations. These donuts are handcrafted with precision and creativity, providing customers with a delightful and indulgent treat. Super Donuts focuses on both classic and inventive flavors, catering to a diverse range of tastes and preferences.

Features:

Diverse Flavor Selection: Super Donuts offers an extensive array of flavors, including traditional options like glazed, chocolate, and cinnamon sugar, as well as innovative choices like maple bacon, matcha green tea, and s'mores.Customization: Customers can personalize their donuts with various toppings, fillings, and glazes, allowing for a truly customized experience.Freshness and Quality: Super Donuts ensures that each donut is made fresh daily, using premium ingredients to maintain high quality and taste.

Benefits:

Unique Taste Experience: Super Donuts' innovative flavor combinations and creative recipes provide customers with a unique and memorable donut experience.Customization Options: The ability to customize donuts allows customers to tailor their treats to their specific preferences, enhancing customer satisfaction.Freshness Guarantee: Super Donuts' commitment to daily freshness ensures that customers receive donuts that are delicious and of the highest quality.

Proprietary Issues:

Super Donuts may have proprietary recipes, techniques, or processes that make their donuts distinct and stand out from competitors. These proprietary elements contribute to the brand's identity and success. When introducing the product or service to the Canadian market, it is crucial for the organization to protect its intellectual property and maintain the secrecy of any proprietary information.

Required Modifications:

When entering a new market, Super Donuts should consider certain modifications to adapt to Canadian preferences and regulations. These modifications may include:

Localization: The organization could incorporate Canadian-inspired flavors or ingredients to cater to the local market's preferences.Nutritional Information: Complying with Canadian labeling regulations, Super Donuts may need to provide detailed nutritional information for their products.Market Research: Conducting market research to understand Canadian consumers' tastes and preferences can help identify potential modifications to the product or service to ensure a successful launch.

By focusing on the unique features, benefits, and addressing any necessary modifications, Super Donuts can effectively introduce its product or service to the Canadian market, attracting customers and establishing a strong presence in the country's culinary landscape.

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Julie and Kristen are partners in a local sporting good store. They needed $51,000 to start the
business. They invested in the ratio of 3:10 respectively. How much money did each invest?
What percent is owned by Kristen?

Answers

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We would need to set up a ratio or proportion.
3/10=x/51000
X=15,300, Julie
51,000-15,300
35,700, Kristen
70% is owned by Kristen

what factor(s) affect the demand for loanable funds?

Answers

Several factors affect the demand for loanable funds. These factors include:

1. **Interest rates**: Interest rates play a significant role in determining the demand for loanable funds. As interest rates decrease, the cost of borrowing decreases, which typically stimulates borrowing and increases the demand for loanable funds. Conversely, higher interest rates can discourage borrowing and decrease the demand for loanable funds.

2. **Business and investment opportunities**: The demand for loanable funds is influenced by the availability of profitable business ventures and investment opportunities. When there are attractive prospects for investment or expansion, businesses may seek additional funds to finance their projects, leading to an increased demand for loanable funds.

3. **Economic conditions and confidence**: Economic conditions and overall business confidence can impact the demand for loanable funds. During periods of economic growth and optimism, businesses and individuals may have higher demand for loans to fund investments and consumption. Conversely, during economic downturns or uncertainty, demand for loanable funds may decrease as businesses and individuals become more cautious.

4. **Government borrowing**: Government borrowing can significantly impact the demand for loanable funds. When the government increases its borrowing to finance budget deficits or fund public projects, it competes with other borrowers for available funds, potentially leading to an increase in the overall demand for loanable funds.

5. **Consumer borrowing**: The borrowing behavior of individuals and households can also affect the demand for loanable funds. If consumers have a higher desire or need for credit, such as for purchasing homes, cars, or funding education, the demand for loanable funds increases.

It's important to note that the factors influencing the demand for loanable funds can vary depending on the specific economic conditions, regulatory environment, and individual preferences.

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3. View the sample report by clicking the "Sample Student Report" link and answer the
following questions. (4 points)
I
a. What is the composite ACT score range?
b. What is the composite score on the report shown?

Answers

The range of the Sample Student Report is gotten by subtracting the minimum ACT score from the maximum ACT score.

What is a sample range?

The range of a group of numbers is the difference between the highest and lowest values in a set of numbers. It is given by:

Range = highest number - lowest number

The range of the Sample Student Report is gotten by subtracting the minimum ACT score from the maximum ACT score.

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A change in price of a good or service typically causes ___________________________ for that specific good or service.

Answers

A change in the price of a good or service typically causes a change in quantity supplied or a movement along the supply curve for that specific good or service.

What is the price?

Price refers to the value that is put on a product or service after doing a complex set of calculations, research, and understanding.

Only a change in the price of the product itself is not among the factors that cause a shift in the supply curve. A change in the price of a good or service causes a change in the quality supplied or a movement along the supply curve for particular goods or services.

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Question 7 of 70

What Remarketing audiences cannot be defined by default?

Users who played a video on a website

Users who visited a specific page on a website

Users who speak a particular language

Users who visited a physical store

Answers

The remarketing audiences that cannot be defined by default are users who visited a physical store. Therefore, the correct option is option 4.

The reason is that online remarketing tools typically track user behavior and interactions on a website or app, but they cannot automatically track offline activities such as visiting a physical store.  Hence, they do not have access to this information by default and it cannot track offline behavior.

Therefore, if you want to create remarketing audiences based on these criteria, you need to manually upload the data to these tools to track and collect the necessary information. In contrast, the other options involve online user behaviors that can be tracked and defined by default for remarketing purposes. Hence, the correct answer is option 4: Users who visited a physical store.

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1. Please reflect on how the money multiplier concept can be an important tool of both expansionary as well as contractionary monetary policy for any central bank such as the U.S. Federal Reserve Bank?

2. The Federal Reserve Bank lowered the required reserve ratio to 0% across the board in 2020. Explain the potential reasoning behind this lowering to 0% and its intended effect on the economy.

Answers

The money multiplier concept uses  three key actions that is done by the Fed so as they can widen the economy and these includes the use of a decreased discount rate, the buying government securities, and also by lowering reserve ratio.

What is expansionary and contractionary monetary policy?

A monetary policy that is known to be that which helps to lowers interest rates and influence borrowing is called an expansionary monetary policy or one can say a loose monetary policy.

Also, a monetary policy that tends to bring up interest rates and lowers borrowing in any economy is known to be a contractionary monetary policy and also called tight monetary policy.

Thee potential reasoning behind this lowering to 0% and its intended effect on the economy?

Note that Expansionary monetary policy aims to increases the money supply while  Contractionary monetary policy aims lower the money supply.

Therefore, the use of lower rates of economic growth is one that tens to give more likelihood or chance for the shift to renewable energy. It also leads to more saving, and investing.

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State the four general adjustment types. Describe one of these
adjustment types in detail. When do you make adjustments?

Answers

The four general adjustment types in accounting are accruals, deferrals, estimates, and reclassifications. Adjustments are made to ensure that financial statements accurately reflect the financial position and performance of a company. They are typically made at the end of an accounting period to recognize revenues and expenses that have been earned or incurred but have not yet been recorded.

One of the adjustment types is accruals. Accruals involve recognizing revenues or expenses that have been earned or incurred but have not yet been recorded. This adjustment is necessary to match revenues and expenses to the period in which they are generated, regardless of when cash is received or paid.

For example, suppose a company provides services to a customer in December but does not receive payment until January of the following year. Without the accrual adjustment, the revenue would not be recognized in the correct period, leading to distorted financial statements.

Similarly, if a company incurs expenses in one accounting period but does not pay for them until the next period, an accrual adjustment is needed to match the expenses with the period in which they were incurred.

Adjustments are made at the end of an accounting period, typically before preparing financial statements. They ensure that revenues and expenses are recorded in the correct period, assets and liabilities are properly recognized.

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Which sequence of HACCP principles is in the correct order?


A.


Establish critical limits for each CCP, conduct a hazard analysis, and establish corrective actions.


B.


Conduct a hazard analysis, identify CCPs, and establish critical limits for each CCP.


C.


Establish record-keeping procedures, establish corrective actions, and establish CCP monitoring requirements.


D.


Establish CCP monitoring requirements, conduct a hazard analysis, and identify CCPs.


E.


Conduct a hazard analysis, identify CCPs, and establish CCP monitoring requirements.

Answers

Answer:

B

Explanation:

Hazard analysis of critical control point (HACCP) is a process of identifying and assessing risks alongside the biological , physical and chemical hazards associated with food production .

The sequence of the first three of the seven principles are

1. Conduct hazard analysis to determine potential risks related to food protection

2. Identify the critical control point (CCP) which addresses controlling identified hazards that are mostly likely to cause injury to health

3. Establishing critical limits for each CCP , which is the highest or lowest level a biological ,physical or chemical parameter must be controlled to prevent or minimize hazards.

Answer:

B. Conduct a hazard analysis, identify CCPs, and establish critical limits for each CCP

Explanation:

san mateo company had the following account balances at december 31, 2024, before recording bad debt expense for the year: accounts receivable $ 1,400,000 allowance for uncollectible accounts (credit balance) 22,000 credit sales for 2024 1,950,000 san mateo is considering the following approaches for estimating bad debts for 2024: based on 3% of credit sales based on 6% of year-end accounts receivable what amount should san mateo charge to bad debt expense at the end of 2024 under each method?

Answers

Credit sales percentage of $58500 and accounts receivable percentage of $62000

What are bad debts?

When a debtor fails to pay, the creditor is forced to write off the amount as a bad debt. A charge-off occurs when a debt becomes uncollectible and appears on a creditor's books. Every business that extends credit to customers must account for the possibility of bad debt because the funds may not be returned. The percentage or the ageing method for accounts receivable (AR).

Percentage of credit sales = 3/100 × 1950000

Percentage of credit sales = 0.03 × 1950000

Percentage of credit sales = 58500

Percentage of account receivable = 6/100 × 1400000

Percentage of account receivable = 0.06 × 1400000

Percentage of account receivable = 84000

Amount chargeable to bad debt expense account = 84000-22000

Amount chargeable to bad debt expense account = 62000

Hence, 58500 under % of credit sales and 62000 under % of account receivable.

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20 pts.

When would it be better to use business emails?

Answers

It would be better when doing business .
it usually is better to use business emails when conducting business. hence, you’re appearance/approach is more professional :)

Pierre works at a fine dining restaurant. He wants to impress his special guests tonight by carving the lamb, which is the main course, in front of them. Before dinner service started he made sure that his ______ cart was stocked with utensils, linen, hot plates, a flare lamp, and accompaniments such as sauces and mustard

Answers

He made sure that the kitchen cart was stocked with necessary utensils, flare lamp, sauces, mustard etc.

What is a kitchen cart?

This is a cart that is designed to serve an all-purpose storage and workspace for personal and business kitchen.

These cart usually a drawers, baskets, cabinets or hooks that will helop to hold utensils, towels, essentials etc.

Therefore, the word "kitchen cart" is correct.

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Define a Small Scale Enterprise as per ‘MSMED Act, 2006’.

Answers

Explanation:

the Government of India has in acted, small and medium enterprises development (MSMED) Act, 2006 in terms of which the definition of micro, small and medium enterprises is an enterprise where the investment in plant and machinery is more than rate 25 lakh but does not exceed rate.

Logo and website design are
examples of start-up costs.

Answers

True: Logo and website design are examples of start-up costs. Operating costs include payroll. Building improvements should be calculated into start-up costs.

Write a 3 pass approach on this given article in this link:
https://www.ncbi.nlm.nih.gov/pmc/articles/PMC3152487/pdf/nihms-314513.pdf

Answers

The article titled “Dissociative Identity Disorder: An Empirically Based Hypothesis” by Reinders, et al. discusses the potential causes and underlying mechanisms of Dissociative Identity Disorder (DID). DID, formerly known as Multiple Personality Disorder.

is a controversial diagnosis characterized by the presence of multiple identities or personalities within an individual. The authors propose a three-pass approach to understanding DID based on empirical evidence and current research. Pass One: Defining DID and Its SymptomsThe first pass involves a clear and comprehensive definition of DID and its symptoms. The authors define DID as a disruption in the integration of consciousness, memory, and identity due to trauma. They describe the symptoms of DID as including the presence of two or more distinct identities, recurrent gaps in memory, and other dissociative symptoms such as depersonalization, derealization, and identity confusion. Pass Two: Understanding the Causes and Risk FactorsThe second pass focuses on understanding the causes and risk factors of DID. The authors suggest that DID is a complex and multifaceted disorder that arises from a combination of genetic, environmental, and psychological factors. They propose that early life trauma, particularly interpersonal trauma, is a key risk factor for the development of DID. Additionally, they suggest that DID may have a genetic component that predisposes some individuals to dissociation and other related symptoms. Pass Three: Investigating the Underlying MechanismsThe third and final pass involves investigating the underlying mechanisms of DID. The authors suggest that dissociation may be a protective mechanism that allows individuals to cope with overwhelming stress and trauma. They propose that dissociation is related to alterations in brain functioning, particularly in areas associated with emotion regulation, memory, and self-awareness. The authors suggest that further research is needed to better understand the underlying mechanisms of DID and to develop more effective treatments for this complex disorder.

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Explain and evaluate how capitalizing vs expensing costs in the period affects financial statements and ratios

Answers

When a business purchases an asset or incurs expenses, it must choose whether to capitalize or expense such expenses at the time of acquisition.

When a cost is capitalized, it is added to the balance sheet of the business as an asset and is subsequently depreciated, as opposed to when a cost is expensed, in which case it is reported as an expense in the current period.

The result of capitalizing costs is to raise a company's assets, which in turn increases its overall equity. Due to the fact that the company's total equity has increased without an equal increase in debt, this can help some financial measures, such the debt-to-equity ratio.

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Which of the following is SIQ most likely to
stand for?
A. Station Identification Questionnaire
B. Standard Item Questionnaire
C. Software Inventory Questionnaire
D. System Identification Questionnaire
E. Station Inventory Questionnaire

Answers

The answer: is E
Explain: hope this helps

Both a questionnaire and an inventory are examples of surveys. Simple to-answer questions are included in the questionnaire. These inquiries are made in an effort to obtain information, and they frequently concern particular topics.

Thus, Option E is correct.

What is the questionnaire data collection method?

A questionnaire's objective is to gather data from respondents regarding their attitudes, experiences, and opinions. Questionnaires are frequently utilized in social and health sciences and market research. In order to increase customer satisfaction and profitability, our inventory assessments evaluate strategies, inventory management systems, processes, and procedures for developing new goods and managing inventory.

A questionnaire's objective is to collect information from a target audience. It will contain closed-ended and open-ended questions or a mix of the two.

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"...A Hong Kong tycoon lost more than $20 million dollars after entrusting part of his fortune to an automated platform. Without a legal framework to sue the technology, he placed the blame on the nearest human instead: the man who sold it to him. It's the first known case over automated investment losses, but not the first involving the liability of algorithms. In March of 2018, a self-driving Uber struck and killed a pedestrian in Tempe, Arizona, sending another case to court. A year later, Uber was exonerated from all criminal liability, but the safety driver could face charges of vehicular manslaughter instead...." [8: 4×2 ] A. Differentiate between Data bias and Algorithmic bias in the context of these cases? B. Who or what deserves the blame when an algorithm causes harm/fatal accident? - Justify your argument C. What are the ethical issues/guidelines to be adopted by Data Scientists/ML Engineers while building Models? D. What are the methods/techniques to eliminate data bias before training the models?

Answers

A. Data bias refers to the presence of unfair or unrepresentative patterns in the training data used to develop an algorithm. Algorithmic bias, on the other hand, refers to the unfair or discriminatory outcomes that arise from the design, implementation, or usage of an algorithm.

B. Determining who or what deserves the blame when an algorithm causes harm or a fatal accident is a complex issue that often involves multiple factors and stakeholders. Here are two perspectives: Human Responsibility and Shared Responsibility.

C. When building models, data scientists and ML engineers should consider the following ethical issues and guidelines: Fairness and Bias, Privacy and Data Protection, Transparency and Explainability, and Accountability.

D. To eliminate or mitigate data bias before training models, data scientists can consider the following methods and techniques: Diverse and Representative Data Collection, Data Preprocessing and Cleaning, Bias-Aware Sampling and Regular Auditing and Evaluation.

A. Data Bias: It occurs when the data used to train a model reflects existing societal biases, prejudices, or discriminatory practices. Data bias can result from biased data collection methods, biased sampling, or historical disparities in data representation.

Algorithmic Bias: It occurs when the algorithm itself perpetuates or amplifies existing biases present in the training data or introduces new biases due to flawed modelling assumptions or decision-making rules.

B. Human Responsibility: One argument is that the blame should fall on the humans involved in the development, deployment, or oversight of the algorithm. This includes the programmers, engineers, companies, or individuals responsible for creating, implementing, and maintaining the algorithm. They have a duty to ensure the algorithm's safety, ethical considerations, and compliance with relevant regulations.

Shared Responsibility: Another perspective is that blame should be shared between humans and the algorithm itself. While humans are responsible for creating and overseeing the algorithm, the algorithm's actions are ultimately determined by its programming and decision-making rules. Therefore, both the humans involved and the algorithm itself should be held accountable for any harm caused.

C. Ethical Issues/Guidelines for Data Scientists/ML Engineers:

When building models, data scientists and ML engineers should consider the following ethical issues and guidelines:

1. Fairness and Bias: Strive to identify and mitigate biases in the data, algorithms, and decision-making processes to ensure fair and unbiased outcomes.

2. Privacy and Data Protection: Respect user privacy, comply with data protection regulations and handle personal data responsibly.

3. Transparency and Explainability: Make efforts to ensure transparency in algorithmic processes and provide explanations for the model's decisions to enhance trust and accountability.

4. Accountability: Take responsibility for the potential impacts and consequences of the models deployed and actively address any unintended negative effects.

D. Methods/Techniques to Eliminate Data Bias:

To eliminate or mitigate data bias before training models, data scientists can consider the following methods and techniques:

1. Diverse and Representative Data Collection: Ensure that the training data adequately represents the population and covers various demographic groups, avoiding underrepresentation or overrepresentation.

2. Data Preprocessing and Cleaning: Apply rigorous data preprocessing techniques to remove errors, inconsistencies, and biases in the data, such as removing or correcting mislabeled or skewed instances.

3. Bias-Aware Sampling: Use sampling techniques that account for imbalances in the data to prevent the amplification of existing biases.

4. Regular Auditing and Evaluation: Continuously monitor and evaluate the training data for potential biases, using metrics and evaluation techniques specifically designed to measure fairness and bias.

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What does a management accountant need to do before he or she can take the exam to become a certified management accountant?

A. complete 60 hours of graduate coursework

B. Have two hours of professional experience

C. Complete 30 hours of graduate coursework

D. Have five years of professional experience

Answers

The answer is either A or C

Answer:

Have Two Years of professional experience

Explanation:

looked it up

Woody's speciale in sound eggment Company records indicate the following data Cack the icon to view the d Read the ast ending inventory two ways FIFO and b. LEO Woody's in a perpetual intory sy Requirement 1. Determine the amounts that Woody's should report for com of goods sold Start by determining the amounts that Woody's should report for cost of goods sold and ending inventory under FIFO method cost of goods sold - O FIFO method ending inventory Data table Determine the amounts that Woody's should report for cost of goods sold and mentory under b. LIPO LIFO method cost of goods sold- LFO method ending inventory Mar 1 Mar 2 Mar 7 Mar 13 Pam Balance |Parthann Sale Sale Print Quantity Unit Cost Sale Price H S 7 " M1 Done X Woody's specializes in sound equipment Company records indicate the following data for a line of speakers (Click the icon to view the data) Read the requirements. Requirement 1. Determine the amounts that Woody's should report for cost of goods sold and ending inventory two ways a FIFO and UFO. (Woody's uses perpetual inventory system) Start by determining the amounts that Woody's should report for cost of goods sold and ending inventory under a FIFO FIFO method cost of goods sold FIFO method ending inventory Determine the amounts that Woody's should report for cost of goods sold and ending inventory under & LIFO. LIFO method cost of goods sold LIFO method ending inventory Data table Date Quantity Unit Cost Sale Price 11 S 46 7 68 91 Mar 1 Mar 2 Mar 7 Mar 13 Belance Purchase Sale Sale Print Done $ X Woody's specializes in sound equipment Company records indicate the following data for a line of speakers (Click the icon to view the data) Read the requirements Requirement 1. Determine the amounts that Woody's should report for cost of goods sold and ending inventory two ways a FIFO and LIFO (Woody's uses a perpetual inventory system) Start by determining the amounts that Woody's should report for cost of goods sold and ending inventory under a FIFO FIFO method cost of goods sold FIFO method ending Inventory Determine the amounts that Woody's should report for cost of goods sold and ending inventory under & LIFO LIFO method cost of goods sold LIFO method ending inventory Data table Date Quantity Unit Cost Sale Price 11 $ 46 7 68 91 Mar 1 Mar 2 Mar 7 Mar 13 Balance Purchase Sale Sale Print Done $ X

Answers

Under the FIFO method, Woody's should report a cost of goods sold of $6,085 and an ending inventory of $1,800. Under the LIFO method, the cost of goods sold should be $5,805.

For the FIFO method, the cost of goods sold is calculated by multiplying the units sold by the corresponding unit cost of the earliest purchases and adding them up. In this case, it would be (46 units * $130) + (7 units * $140) + (68 units * $150) = $6,085. The ending inventory is calculated by multiplying the remaining units in inventory by their respective unit costs, resulting in (91 units * $150) = $1,800.

For the LIFO method, the cost of goods sold is calculated by multiplying the units sold by the corresponding unit cost of the latest purchases and adding them up. In this case, it would be (68 units * $150) + (7 units * $140) + (46 units * $130) = $5,805. The ending inventory is calculated similarly to FIFO, resulting in (91 units * $150) = $2,080. LIFO assumes that the latest purchases are sold first, resulting in a higher cost of goods sold and a lower ending inventory compared to FIFO.

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figueiredo, bernardo, gopaldas, ahir, and fischer, eileen. 2016. the construction of qualitative research articles: a conversation with eileen fischer. consumption markets

Answers

According to Bogdan and Biklen (1982:27), descriptive data is collected in the form of words or pictures rather than numbers in qualitative research. Qualitative research is an umbrella word for a variety of attitudes and tactics for conducting research intended at uncovering how humans understand, experience, interpret, and construct the social environment.

It recommends at least the following sections: introduction, study objectives, literature review, sample, data collection techniques, data analysis methods, findings, discussion, conclusion, and abstract. Each of these parts is covered in detail, with numerous written examples.Surveys, interviews, and focus groups are some examples of research instruments. Surveys can be used to acquire quantitative data from a broad number of people, whereas interviews and focus groups can collect qualitative data.

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After a bank reconciliation is complete, which of the following types of adjustments should be journalized?
A. adjustments per bank
B. adjustments per books
C. adjustments per books and bank
D. adjustments per cash

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Answer:

c

Explanation:

Answer:

the answer is B; adjustments per books

Explanation:

i just took the quiz

who here from K12? (sorry for asking this question)

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Answer:

Explanation:

Answer:

Not I.

Explanation:

This is just constructive criticism, but I don't recommend listing your school here.

In several African countries where the rhinoceros was once a thriving​ species, the animal is now nearly extinct. In most of these​ nations, rhinoceros horns are used as traditional ingredients in certain medicines. Rhinoceros farming has been proposed as an alternative to the imposition of stiff penalties on people who are caught engaging in rhinoceros hunting. The imposition of stiff penaltiesA. reduces the supply of rhino horns.B. makes poaching more lucrative.C. increases the price of rhino horns.D. All of the above are correct.E. B​ & C only are correct.

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Answer:

D. All of the above are correct

Explanation:

In many places, rhinoceros are illegal hunted down and their horns are illegal black market at a very high price. It is believed that the rhino horns have some medicinal value.

In the context, in several South African countries, the government have imposed heavy penalties on people who are caught in hunting of the rhinoceros. Thus this imposing of the penalties will increase the cost of the rhino horn in the black market, it will also makes the poaching business more lucrative as the demand on the horns and the cost of the hunters will be more. Penalties will also effect the supply of the rhino horns as many people will now stop poaching the rhinos. Thus the supply will decrease.

Therefore the correct option is (D).

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