What are the major advantages of dollar-value LIFO?
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 70% (10 reviews)
Dollarvalue LIFO has the advantage of using dollar values identified wit...View the full answer
Answered By
ANDREW KIPRUTO
Academic Writing Expert
I have over 7 years of research and application experience. I am trained and licensed to provide expertise in IT information, computer sciences related topics and other units like chemistry, Business, law, biology, biochemistry, and genetics. I'm a network and IT admin with +8 years of experience in all kind of environments.
I can help you in the following areas:
Networking
- Ethernet, Wireless Airmax and 802.11, fiber networks on GPON/GEPON and WDM
- Protocols and IP Services: VLANs, LACP, ACLs, VPNs, OSPF, BGP, RADIUS, PPPoE, DNS, Proxies, SNMP
- Vendors: MikroTik, Ubiquiti, Cisco, Juniper, HP, Dell, DrayTek, SMC, Zyxel, Furukawa Electric, and many more
- Monitoring Systems: PRTG, Zabbix, Whatsup Gold, TheDude, RRDtoo
Always available for new projects! Contact me for any inquiries
4.30+
1+ Reviews
10+ Question Solved
Related Book For
Intermediate Accounting
ISBN: 978-0324592375
17th Edition
Authors: James D. Stice, Earl K. Stice, Fred Skousen
Question Posted:
Students also viewed these Managerial Accounting questions
-
What are the major advantages of leasing a fixed asset rather than purchasing it?
-
What are the major advantages of using EVM as a project control mechanism? What do you perceive are its disadvantages?
-
What are the major advantages of depth interviews?
-
There are three mutually exclusive projects, where the basic information is provided below. Assume a DN alternative does not exist. Initial Cost Annual net profit Useful Life Salvage value A $25,000...
-
Consider the single-sample plan with c = 2 and n 5 50, as discussed in Example 16.11, but now suppose that the lot size is N = 500. Calculate P(A), the probability of accepting the lot, for p = .01,...
-
Show that a graph G with n vertices can have at most n(n - 1)/2 edges, and G has exactly n(n - 1)/2 edges if G is complete, that is, if every pair of vertices of G is joined by an edge. (Recall that...
-
Assume the expected inflation rate in China to be 4.5 percent. If the current real rate of interest is 6.5 percent, what is the nominal rate of interest?
-
Two items are omitted from each of the following summaries of balance sheet and income statement data for two proprietorships for the year 2012, Gavin??s Goods and Floyd...
-
16. A uniform solid right circular cone of base radius R is joined to a uniform solid hemisphere of radius R and of the same density, so as to have a common face. The centre of mass of the composite...
-
The Manx Company was recently formed to manufacture a new product. It has the following capital structure in market value terms: Debentures.$ 6,000,000 Preferred stock 2,000,000 Common stock (320,000...
-
On January 1 of Year 1, the company entered into a 2-year $100,000 variable interest rate loan. In the first year of the loan, the interest rate is 10%. In its second year, the interest rate is equal...
-
Refer to Practice 19-1 and complete the following: 1. Compute the total amount (including all swap-related cash flows) that the company will pay in interest in Year 2, assuming that the prime lending...
-
Define the internal path length, I(T), of a tree T to be the sum of the depths of all the internal nodes in T. Likewise, define the external path length, E(T), of a tree T to be the sum of the depths...
-
What is the value today of $73,351 that will be received at the end of 27 year(s) having earned an interest rate of 9% while invested? Round your answer to the nearest penny. Your Answer: Answer
-
Calculate the following: Suppose we deposit $10,000 in a savings account with interest compounded at 6% annually, what will be the money obtained at the end of 5 years? Suppose we take out a loan of...
-
1) The furnace is operated at 1600K. What are the most and least stable oxides at this temperature? 2) What is the maximum partial pressure of oxygen that allows reduction of CoO if the furnace is...
-
Consider the points P = (8,1), P = (-4,7), P3=(2, 6), P4 = (6,4), and P5 =(4,-9) of the plane. (i) For all i, j = 1, 2, ..., 5, find the distance di, between the points P and Pj. Show your work by...
-
today you borrowed 100,000 at 10% APR compounded monthly to buy a house. you will repay the mortgage with equal monthly payment over 10 years. First payment is due in a month. a) what is the...
-
What are the most important results that an evaluation should measure? Why?
-
By referring to Figure 13.18, determine the mass of each of the following salts required to form a saturated solution in 250 g of water at 30 oC: (a) KClO3, (b) Pb(NO3)2, (c) Ce2(SO4)3.
-
Natural gas has been stored in an expandable tank that keeps a constant pressure as gas is added or removed. Th e tank has a volume of 4.50 10 4 ft 3 when it contains 77.4 million mol natural gas at...
-
Distinguish between a current liability and a contingent liability. Give two examples of each type.
-
How are the terms probable, reasonably possible, and remote related to contingent liabilities ?
-
How are the terms probable, reasonably possible, and remote related to contingent liabilities ?
-
How do social norms function as regulatory mechanisms within complex social systems, influencing individual behavior and shaping collective expectations?
-
Luzadis Company makes furniture using the latest automated technology. The company uses a job - order costing system and applies manufacturing overhead cost to products based on machine - hours. The...
-
The deal reads: $5,000 guarantee vs. 90% GBOR, whichever is greater Other information: NBOR = $2,000 Additional Show Expenses = $1500 What is the amount of the Artist's Payment?
Study smarter with the SolutionInn App