What first in first out in accounting

Concord Co. had sales revenue of $555,600 in 2020. Other items recorded during the year were: Cost of goods sold $320,200 Salaries and wages expense 120,100 Income tax expense 25,590 Increase in value of company reputation 15,570 Other operating

What is the best indicator that a training and development program was worth the investment? a. long-term behavioral change b. effective recruiting and onboarding c. attentive participants d. perfect test scores e.

Othman Inc. has a $800,000 investment opportunity with the following characteristics: Sales $2,240,000 Contribution margin ratio 50% of sales Fixed expenses $1,008,000 The margin for this investment opportunity is closest to: A. 45.0% B. 5.0% C. 55.

Weston acquires a new office machine (7-year class asset) on August 2, 2017, for $75,000. This is the only asset Weston acquired during the year. He does not elect immediate expensing under § 179.

Free trade proponents and protectionists have drastically different views regarding trade. Which side of the debate do you side with, and why? When answering this question, consider the economic impact of tariffs.

Which is riskier, but has the potential for a higher rate of return? saving or investing

You are comparing two annuities. Annuity A pays $100 at the end of each month for 10 years. Annuity B pays $100 at the beginning of each month for 10 years. The rate of return on both annuities is 8 percent.

What will you call an employee who prioritize her goals rather than the team goal?

Vertical integration allows the firm to gain market power as the firm develops the ability to save on its operations, avoid market costs, improve product quality, and possibly protect its technology from its rivals. A. True B. False

Do you like School? Yes or No