Question
In a period of rising prices and stable inventory
quantities, which of the following best describes the effect on gross profit of using LIFO as compared to FIFO?Solution
Compared to FIFO, Cost of goods sold under LIFO will be higher because the most recent higher costs units are assumed to be the first units sold. Higher COGS under LIFO will result in lower gross profit (revenue – cost of goods sold)
Which seed dormancy-breaking treatment involves exposure to low temperatures for weeks or months?
Intercultivation operations are meant forÂ
Malling IX is a rootstock of:
When plant cells are placed in hypertonic solution, they become____
The maximum amount of element required for berseem fodder is:
Intense leaching and weathering of bases like Ca, Mg result for development of which type of soil?
Phalaris minor is also known as
Which of the following best defines a biome?
Bubble photometer measuresÂ
Name the famous Physiologist/Scientist associated with the study of loss of water from plant: