Business, 23.02.2021 20:00 brainguy124

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.

Answers: 3

Show answers

Other questions on the subject: Business

Business, 21.06.2019 14:20, helen3327

Food, water, and shelter will not attract insects and rodents if recyclables are stored in

Answers: 3

continue

Business, 21.06.2019 18:40, Leftie500

Which of the following is most likely to lead to a general decrease in wages? a. elastic demand b. public goods c. an economic recovery d. immigration 2b2t

Answers: 1

continue

Business, 21.06.2019 22:00, mpete1234567890

Select the correct answers. mila is at a flea market. she has $50 in her wallet. she decides that she will spend $15 on jewelry, $20 on a pair of jeans, $5 on a t-shirt, and $10 on something to eat. she likes a one-of-a-kind t-shirt, but the seller is not ready to sell it for less than $8. she thinks of five ways to deal with this situation. which two choices indicate a trade-off?

Answers: 3

continue

Business, 22.06.2019 08:30, dezmondpowell

Which of the following is an example of search costs? a.) driving to a faraway place to find available goods b.) buying goods in some special way that is outside the normal channels c.) paying a premium cost for goods d.) selling extra goods for a discount price

Answers: 1

continue

You know the right answer?

Explain how the choice of one of the following accounting methods over the other raises or lowers a...