During a period of rising inventory prices the LIFO cost flow method will result in higher total assets than FIFO.
Answer the following statement true (T) or false (F)
False
FIFO will report lower cost of goods sold (older, lower prices), and higher ending inventory (newer, higher prices).
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If individuals are determining the standards and objectives using self-leadership strategies, they are engaging in which of the following ?
a. The what we need to do b. The why we need to do c. The how we need to do d. The what and why we need to do
Marcia purchased 100 shares of Hyde Foods stock on margin at a price of $35 a share. The initial margin requirement is 65 percent and the maintenance margin is 35 percent. What is the lowest the stock price can go before Marcia receives a margin call?
A. $30.00 B. $33.00 C. $18.85 D. $24.50 E. $28.00
A producer is a person who buys and uses goods and services
Indicate whether the statement is true or false
Consider the situation of firm A and firm B. The current exchange rate is $2.00/£ Firm A is a U.S. MNC and wants to borrow £30 million for 2 years. Firm B is a British MNC and wants to borrow $60 million for 2 years. Their borrowing opportunities are as shown, both firms have AAA credit ratings. $ £A$6% £5%B$7% £4%Explain how firm A could use the forward exchange markets to redenominate a 2-year $60m 6 percent USD loan into a 2-year pound denominated loan.
What will be an ideal response?