The U.S. law granting trade preferences to imports from the island nations of the Caribbean and Central America is called:
A) The Caribbean GSP Act
B) The Latin American Free Trade Act.
C) The Lome Convention.
D) The Caribbean Basin Economic Recovery Act.
D
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Roki Inc uses the periodic inventory system. June 1 On hand, 50 units @ $15.00 each $ 750.00 5 Purchased 115 units @ $15.10 each 1,736.50 14 Purchased 75 units @ $15.20 each 1,140.00 Total cost of goods available for sale $3,626.50 30 On hand, 90 units If Roki uses the FIFO inventory method, the amount assigned to the June 30 inventory would be
a. $1,354.00 b. $1,590.42 c. $1,594.00 d. $1,366.50
A promissory note is the document signed when a bank loan is executed, and it specifies financial aspects of the loan.
Answer the following statement true (T) or false (F)
Williams Company computed its cost per equivalent unit for direct materials to be $2.60 and its cost per equivalent unit for conversion to be $3.75. A total of 250,000 units of product were completed and transferred out as finished goods during the month, and 36,000 of equivalent units remained unfinished at the end of the month. The amount that should be reported in Finished Goods Inventory is:
A. $228,600. B. $1,587,500. C. $1,816,100. D. $650,000. E. $135,000.
Process automation can be used to?
a. Increase productivity b. Increase service capacity c. Increase both productivity and service capacity d. Process automation is unrelated to productivity and service capacity