题目内容

A snowmobile manufacturer that uses LIFO begins the year with an inventory of 3,000 snowmobiles, at a carrying cost of $4,000 each. In January, the company sells 2,000 snowmobiles at a price of $10,00

A. Increase COGS by $2 million.
B. Leave ending inventory unchanged.
C. Decrease gross profit by $4 million.

查看答案

搜索结果不匹配？点我反馈

更多问题

Which of the following stock screens is most likely to identify stocks with high earnings growth rates？

A. Dividend payout ratio greater than 30%.
B. Price to cash flow per share ratio less than 12.
C. Book value to market value ratio less than 25%.

查看答案

A firm that purchases a building that it intends to rent out for income would report this asset as investment property using the cost model under:

A. U.S. GAAP only.
B. IFRS only.
C. Both U.S. GAAP and IFRS.

查看答案

Credit analysts are likely to consider a companys credit quality to be improving if the company reduces its:

A. Scale and diversification.
B. Margin stability.
C. leverage.

查看答案

Train Company paid $8 million to acquire a franchise at the beginning of 20X5 that was expensed in 20X5. If Train had elected to capitalize the franchise as an intangible asset and amortize the cost o

A. Both would be higher with capitalization.
Both would be lower with capitalization.
C. One would be higher and one would be lower with capitalization.

查看答案

A snowmobile manufacturer that uses LIFO begins the year with an inventory of 3,000 snowmobiles, at a carrying cost of $4,000 each. In January, the company sells 2,000 snowmobiles at a price of $10,00

A. Increase COGS by $2 million. B. Leave ending inventory unchanged. C. Decrease gross profit by $4 million.

Which of the following stock screens is most likely to identify stocks with high earnings growth rates？

A firm that purchases a building that it intends to rent out for income would report this asset as investment property using the cost model under:

Credit analysts are likely to consider a companys credit quality to be improving if the company reduces its:

Train Company paid $8 million to acquire a franchise at the beginning of 20X5 that was expensed in 20X5. If Train had elected to capitalize the franchise as an intangible asset and amortize the cost o

A. Increase COGS by $2 million.
B. Leave ending inventory unchanged.
C. Decrease gross profit by $4 million.