When using the FIFO inventory costing method, ending merchandise inventory will be the highest, as compared to LIFO and weighted-average inventory costing methods, when costs are decreasing

Indicate whether the statement is true or false


FALSE .When using the FIFO inventory costing method, ending merchandise inventory will be the highest when costs are increasing.

Business

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Under what circumstances is OD most likely to be successful?

What will be an ideal response?

Business

The last dividend payment of a stock was $0.80 and this dividend is expected to grow at 6% per year for three years. After that, the dividend will grow at 3% indefinitely. Using the two-stage dividend growth model, what is the correct formula for B6 if the required rate of return on this stock is 15%?



a) =B1*(1+B3)/(B2-B3)*(1-((1+B3)/(1+B2))^B5)+(B1*(1+B3)^B5*(1+B4)/(B2-B4)/(1+B2)^B5)
b) =B1/(B2-B3)*(1+((1+B3)/(1+B2))^B5)+(B1*(1+B3)^B5*(1+B4)/(B2-B4)/(1+B2)^B5)
c) =B1*(1+B3)/B2-B3*1-(1+B3)/(1+B2)^B5+B1*(1+B3)^B5*(1+B4)/(B2-B4)/(1+B2)^B5
d) =B1*(1-B3)/(B2+B3)*(1+((1-B3)/(1-B2))^B5)-(B1*(1-B3)^B5*(1-B4)/(B2+B4)/(1-B2)^B5)
e) =B1*(1+B3)/(B2-B3)*(1-((1+B2)/(1+B3))^B5)+(B1*(1+B4)^B5*(1+B3)/(B2-B3)/(1+B2)^B5)

Business

The theory that suggests that established retailers must be cautious in converting from a low-end strategy to a high-end strategy is _____

a. the wheel of retailing b. scrambled merchandising c. rationalized retailing d. the retail life cycle

Business

In affirmative action programs, openings are filled by women and minorities regardless of qualification

Indicate whether the statement is true or false

Business