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QV-TV,IncProvided the Following Items in Its Notes to the Financial

question 4

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QV-TV,Inc.provided the following items in its notes to the financial statements for the year-end 2019: Cost of goods sold was $22 billion under FIFO costing and the inventory value under FIFO costing was $2.1 billion.The LIFO Reserve for year-end 2018 was $0.6 billion and at year-end 2019 it had increased to $0.8 billion.
-What is the LIFO inventory value at year-end 2019?


Definitions:

Content Theories

Focus on identifying specific factors that motivate individuals at work, including needs, desires, and goals that propel behavior.

Maslow

Refers to Abraham Maslow's hierarchy of needs, a psychological theory that ranks human needs in a pyramid, with physiological needs at the base and self-actualization at the top.

Alderfer

Refers to Clayton Alderfer's ERG theory on human needs and motivation, classifying needs into Existence, Relatedness, and Growth categories.

McClelland

Refers to David McClelland, a psychologist known for his work on motivation, specifically the theory of Needs which includes Achievement, Power, and Affiliation.

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