Explain how the choice of one of the following accounting methods over the other raises or lowers a company’s net income during a period of continuing inflation. a.) Use of FIFO instead of LIFO for inventory costing.
b.) Use of a 6-year life for machinery instead of a 9-year life.
c.) Use of straight-line depreciation instead of declining-balance depreciation.

Effective capacity is the: a. capacity a firm expects to achieve given the current operating constraints.b. minimum usable capacity of a particular facility.c. sum of all the organization's inputs.d. average output that can be achieved under ideal conditions.e. maximum output of a system in a given period.

R& m chatelaine is one of the largest tax-preparation firms in the united states. it wants to acquire the tax experts, a smaller rival. after the merger, chatelaine will be one of the two largest income-tax preparers in the u.s. market. what should chatelaine include in its acquisition plans? it should refocus its attention from the national to the international market. in addition to acquiring the tax experts, it should also determine the best way to drive independent "mom and pop" tax preparers out of business. chatelaine will need to explain to the federal trade commission how the acquisition will not result in an increase in prices for consumers. chatelaine should enter a price-based competition with its other major competitor to force it out of business and become a monopoly.

What are six resources for you decide which type of business to start and how to start it?