dorotheyparker dorotheyparker
  • 03-10-2021
  • Business
contestada

Assume that you are the president of your own company and paid a year end bonus according to the amount of net income earned during the year. When prices are rising would you choose a Fifo or weighted average cost flow assumption?

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bvndjr
bvndjr bvndjr
  • 03-10-2021

Answer:

I would choose weighted average because it's more better than FIFO when prices are rising.

Explanation:

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