MCQ -1 – Financial Accounting Under the FIFO cost flow assumption during a period of inflation‚ which of the following is false? WHICH OF THE FOLLOWING IS NOT TRUE. (Hint: One way to answer this is to look at examples of lifo and fifo). Choose one answer. a. Income tax expense will be higher than under LIFO. b. Gross margin will be higher than under LIFO. c. Ending inventory will be lower than under LIFO. d. Cost of goods sold will be lower than under LIFO.
Premium Revenue Generally Accepted Accounting Principles Asset
Age Segment Tio Gazpacho’s demographic segment is that of 2 generations. The first is a younger generation which is keen on the accessibility and portability of the soup and their ages range from 24 to 38 year old (Stefanac‚ 2013) and is known as the millennial generation or Generation Y (Business Dictionary‚ 2018). There is also a strong demand for soup based products from the older generations which range in ages 39 to 65‚ and this generation known as Generation X‚ along with the Baby Boomer generation
Premium Marketing Fast food Food
features stated above will catch and attract the customers. This kind of product is suitable for everyone‚ the young or the old ones. But the main target market would be the teenagers who love eating sweets. Chovron will cost cheaply as 15 pesos each. This will be also sold for bundles. 10 pcs. – Php 125 20 pcs. – Php 225 Competitive Analysis Strengths | Weaknesses | Opportunities | Threats
Premium Milk Philippines Spanish cuisine
Photography is one of the greatest influences made on society today. It can determine a person’s viewpoints on a subject‚ create conflicting emotions‚ and cause many historical impacts. One of the best known historical impacts in the United States‚ was the end of child labor during the Industrial Revolution.This exhibited the low quality working conditions children were operating in. During the Industrial Revolution‚ profound photographs were captured of children that contributed to the enactment
Premium Industrial Revolution
Photography was introduced in 1839. From 1839 to now‚ photography is improving a lot and affect the world in many ways. In science way‚ we can see the improve of photography to help a lot of ways to discover the things we do not know‚ such as astronomy‚ etc. In science‚ we can use the camera and telescope to capture the thing what is in a Thousands of light years. In 1840‚ John William Draper‚ the Professor of Chemistry‚ who captured the first photograph of the moon and it to be the first photo of
Premium Photography Camera
-- Father of Modern Photography Alfred Stieglitz was an influential photographer who spent his life fighting for the recognition of photography as a valid art form. He was a pioneering photographer‚ editor and gallery owner who played pivotal role in defining and shaping modernism in the United States. (Barr 23). He took pictures in a time when photography was considered as only a scientific curiosity and not an art. As the controversy over the art value of photography became widespread‚
Premium Photography Alfred Stieglitz
Portrait photography: A contemporary portal to artistic truth. By Alan Oakes Self Portrait‚ Annie Leibovitz You don’t have to sort of enhance reality. There is nothing stranger and more revealing than truth through a portrait. - Annie Leibovitz Robert Alan Oakes Art 480i Seminar The search for visual truth is a continuing quest. A pondering of ontology pushes our efforts and abilities as a homogenous culture
Premium Photography Susan Sontag John Lennon
Situation 1: The motorcycle helmet market has 13 companies‚ and four firm concentration ratio of 26%. While the helmets have a variety of designs‚ they are sold at very similar prices. Recently‚ the death rate from head injuries in motorcycle crashes has been rising. The producers advertise their helmets as “effective‚” but some helmets withstand most falls and others are produced with materials that are more likely to crack in commonly experienced falls. The weaker helmets cost about $8 less to
Premium Economics Externality Marginal cost
That is the thought of most of the populace. Many people include the word money when they were asked to pick five things considered important to their lives. In a short article‚ “Money‚ Markets and Madness‚” Vanessa Baird addresses “…what money means to us as human beings: the extraordinarily dominant role it plays in our societies‚ in our psyches‚ and in determining our very survival” (2). People use it every day to trade goods‚ such as
Premium Family English-language films Mother
Yorkers would change the view of photographing within the 20th century. Her photography changed the course of modern photography forever. Before Diane Arbus was a well-known photographer‚ she was identified as being the wife of Allan Arbus‚ an actor‚ who helped encourage her to do photography. Together Diane and Allan worked together doing advertisements as well as fashion photo-shoots. With her new found talent for photography‚ Diane took to the streets of New York‚ finding unlikely muses in the common
Premium