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Which inventory method yields highest gross profit?

FIFO


What is the difference of evaluation of inventory between weighted average method and FIFO method?

A method of inventory accounting in which the oldest remaining items are assumed to have been the first sold. In a period of rising prices, this method yields a higher ending inventory, a lower cost of goods sold, a higher gross profit (assuming constant price), and a higher taxable income. Also called FIFO.Method in calculation in which the weighted averagezzor the period is the cost of the goods available for sale divided by the number of units available for sale. When the perpetual inventory system is used, the weighted average method is called the moving average method.


How do you calculate absorption rate?

First, determine the number of homes closed in your market over a specific period - say, 12 months. You can get this data from the MLS.Next, divide the number of homes by the number of months in the period - in this case, 12. This calculation gives a per month absorption rate.Last, divide the rate into the number of current listings. This yields the months' supply of homes.


What is the current ratio for wheat farming equity in debt inventory turnover rate of return?

The current ratio for wheat farming, like any agricultural sector, can vary significantly based on specific farm management practices, market conditions, and financial structures. Typically, this ratio measures a farm's ability to cover its short-term liabilities with its short-term assets, and a healthy ratio is generally considered to be around 1.5 to 2.0. Inventory turnover in wheat farming reflects how efficiently a farm is managing its wheat stock, with higher rates indicating better efficiency. The rate of return on equity in this context assesses the profitability of the farming operation relative to the equity invested, which can also fluctuate based on crop yields, market prices, and operational costs.


The method of determining depreciation that yields successive reductions in the periodic depreciation charge over the estimated life of the asset is?

straight-line

Related Questions

Which inventory method yields highest gross profit?

FIFO


What is the difference of evaluation of inventory between weighted average method and FIFO method?

A method of inventory accounting in which the oldest remaining items are assumed to have been the first sold. In a period of rising prices, this method yields a higher ending inventory, a lower cost of goods sold, a higher gross profit (assuming constant price), and a higher taxable income. Also called FIFO.Method in calculation in which the weighted averagezzor the period is the cost of the goods available for sale divided by the number of units available for sale. When the perpetual inventory system is used, the weighted average method is called the moving average method.


What is carbons period?

Carbon is located in period 2 of the periodic table. This means it has 2 electron energy levels or shells surrounding the nucleus.


What is the Corporate Bond Yields?

Corporate Bond yields are the amount of return over a period that a bond will return. A good yield for a corporate bond is between 4 and 8 percent although in the current climate this may dip a little


What is the advantages of blind stock taking?

It yields benefit of doubt since it involves external personnel in the exercise. high accuracy levels since all items in the store are taken time saving because it's done once and at the end of the accounting period less damages since it's done once in a financial period


Fertilizers have high yields?

no fertilizer help produce high yields


Why do farmers increase crop yields?

Higher yields = increased income.


What is an extended period of well below normal rainfall called?

An extended period of well below normal rainfall is typically referred to as a drought. This can lead to water shortages, reduced crop yields, and negative impacts on ecosystems and communities.


What is a yielder?

A yielder is someone or something which yields a crop, or which yields some other substance.


What is a sentence using the word benchmark?

Bond yields are generally compared to benchmark yields.


2625mm is equal to how many inches?

The Answer:First, I'd convert it to cm (or directly divide by 25.4), which is 262.5, and dividing by 2.54 yields 103.(346456692913385826771653543307086614173228), repeating at period 42.


What is the relationship between interest rates and yields?

Interest rates and yields have an inverse relationship. When interest rates go up, bond yields go down, and vice versa. This is because bond prices and yields move in opposite directions.