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NEW QUESTION: 1
A firm using LIFO accounting has a LIFO reserve of 900, with a LIFO ending inventory of 8,100. It is currently in the 40% tax bracket. If it switches to FIFO accounting, which of the following is true?
I. Its ending FIFO inventory equals 7,200
II. Its deferred taxes decrease by 360
III. Its equity increases by 540
A. I, II & III
B. III only
C. II & III
D. I & III
Answer: B
Explanation:
Explanation/Reference:
Explanation:
LIFO Reserve = FIFO Ending inventory value - LIFO Ending inventory value Therefore, the ending inventory under FIFO = 8,100 + 900 = 9,000. The deferred taxes increase by 900*0.4 = 360 and the equity increases by 900*(1-0.4) = 540.

NEW QUESTION: 2
An advertising customer with offices worldwide has asked you how Original HP inks compare to the competition. How should you respond?
A. According to analyses done by Spencer Labs and Buyers Labs, Original HP ink cartridges on average produce more pages and waste fewer pages than the competition. Actual numbers vary by region.
B. On average, ink cartridges from the competition produce a similar amount of pages. The ink quality of Original HP ink, however, has been shown to be superior to the competition.
C. Information regarding international competitors* ink quality and page output is difficult to gather, but on average. Original HP inks outperform the competition.
D. The quality of inks and ink cartridges from the competition is similar to that of remanufactured and refilled cartridges worldwide.
Answer: B

NEW QUESTION: 3
Refer to the exhibit.

You fail to configure a boot from iSCSI service profile. Which action do you take to troubleshoot the issue?
A. Attemp to ping the IP address of the iSCSI target
B. Check the LUN masking configuration
C. Check the native VLAN configuration on the overlay vNIC
D. In the CLI of Cisco UCS Manager verify that the blade is attached to the LUN
Answer: B
Explanation:
Explanation
https://supportforums.cisco.com/t5/unified-computing-system/iscsi-boot/td-p/1761966