Selling short?term government securities and using the funds to purchase inventory reduces the current ratio.?
Answer the following statement true (T) or false (F)
False
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Ann Co uses the dollar-value LIFO retail method. The beginning inventory, purchased when the price index was 100, had a retail value of $4,000 and a cost of $3,600. During the period, purchases amounted to $60,000 at retail ($52,800 at cost). Sales amounted to $56,300. The year-end price index was 110. What is the cost of ending inventory?
A) $6,240 B) $6,504 C) $6,570 D) $6,900
Reasoning about what should be done is known as ________ reasoning.
A. predictive B. objective C. practical D. theoretical
When creating a "winning team" to prepare and deliver a team presentation,
a. "divvy up" the work into pieces and go through one complete practice prior to the presentation date. b. choose all members based on their presentation skills. c. determine whether each selected member will be committed to supporting the team strategy and schedule. d. use all of the above strategies.
An extension of equity theory is the idea that some individuals are more equity sensitive than others. ______ experience less dissonance when overrewarded than when underrewarded.
A. Entitleds B. Benevolents C. Egalitarians D. Inequity sensitives