Engineering, 25.02.2020 00:33 paytonthalacker
An Oil distributor had 120,000 gallons of oil valued at $3.80/gallon. They bought 120,000 more gallons at $2.70/gallon, and subsequently 120,000 more gallons at $3.60 each. After that, they sold 170,000 gallons at $4.00 each. Their selling and administrative expenses are $20,000 and their tax rate is 35%, will they pay more taxes if they value their inventory using FIFO or LIFO, and what will be the difference between the two methods
Answers: 2
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Fluids at rest possess no flow energy. a)- true b)- false
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An ideal otto cycle with air as the working fluid has a compression ratio of 8. the minimum and maximum temperatures in the cycle are 300 k and 1340 k. use constant specific heats at room temperature to determine (a) the amount of heat transferred to the air during the heat- addition kj/kg, (b) the thermal efficiency, and (c) the thermal efficiency of a carnot cycle ope limits. process, in rating between the same temperature
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An Oil distributor had 120,000 gallons of oil valued at $3.80/gallon. They bought 120,000 more gallo...
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