Maduk Oil started operating on Jan. 1st 2018 and uses the dollar value LIFO method. The price index for oil was 1.0 in Dec. 31st 2018, and 1.1 in Dec. 31st 2019. The production manager provided the following inventory valuation for oil valued at year-end prices: Dec. 31st 2018: $100,000 (valued at Dec. 31st 2018 prices) Dec. 31st 2019: $150,000 (valued at Dec. 31st 2019 prices) At what value should Maduk report the value of its year-end inventory on Dec. 31st 2019 in its balance sheet? (round to nearest dollar)

The relationship requirement for qualifying relative requires the potential qualifying relative to have a family relationship with the taxpayer. t or fwhich of the following is not a from agi deduction? a.standard deductionb.itemized deductionc.personal exemptiond.none of these. all of these are from agi deductions

You are attending college in the fall and you need to purchase a computer. you must finance the purchase because your parents will not purchase it for you, and you do not have the cash on hand to purchase it. in blank #1 determine which type of credit would you use to finance your purchase (installment, non-installment, or revolving credit). (2 points) in blank #2 defend your credit choice by explaining why your financing option is the best option for you. (2 points) in blank #3 explain why you selected that credit option over the other two options available. (2 points)

Which of the following is least likely to a team solve problems together