Business, 01.12.2021 21:10 lilrariwmb23701
Multi Company changed its inventory method from LIFO to FIFO. Multi must disclose the following information in its notes
a. the effect on earnings per share amounts an estimation of future effect of the change on net income.
b. the cumulative effect of the change on retained earnings
Answers: 3
Business, 20.06.2019 18:04
Which is not following is not considered a debit? a) online billing payment b) check cashed c) atm withdraws d) interest earned
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Business, 22.06.2019 06:10
Investment x offers to pay you $5,700 per year for 9 years, whereas investment y offers to pay you $8,300 per year for 5 years. if the discount rate is 6 percent, what is the present value of these cash flows? (do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) present value investment x $ investment y $ if the discount rate is 16 percent, what is the present value of these cash flows? (do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) present value investment x $ investment y
Answers: 1
Business, 22.06.2019 21:40
Inventory by three methods; cost of goods sold the units of an item available for sale during the year were as follows: jan. 1 inventory 20 units at $1,800 may 15 purchase 31 units at $1,950 aug. 7 purchase 13 units at $2,040 nov. 20 purchase 16 units at $2,100 there are 18 units of the item in the physical inventory at december 31. determine the cost of ending inventory and the cost of goods sold by three methods, presenting your answers in the following form: round your final answers to the nearest dollar. cost inventory method ending inventory cost of goods sold a. first-in, first-out method $ $ b. last-in, first-out method $ $ c. weighted average cost method $ $
Answers: 3
Multi Company changed its inventory method from LIFO to FIFO. Multi must disclose the following info...
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