Which of the inventory cost flow assumptions provides the best measure of earnings, where "best" means most appropriate for predicting future earnings, when prices have been declining?
a. Specific identification
b. FIFO
c. LIFO
d. Average cost
C
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a. True b. False Indicate whether the statement is true or false
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Indicate whether the statement is true or false
Which of the following types of activities is/are likely to occur at a distribution center?
A. sorting of goods and short-term storing B. tracking storing and shipping costs by computers C. shipping goods directly from manufacturer site to retail stores D. sorting of products and moving them to loading docks E. long-term storage of inventory before shipping
The market price of Horokhiv Corporation's common stock at the start of 2016 was $47.50 and it declared and paid cash dividends of $3.28 per share. The Dividend yield ratio is:
A. 6.5%. B. 144.8%. C. 14.5%. D. 7.4%. E. 6.9%.