Instructions: Identify Each Item Give an Explanation or Description of the the Item

question 11

Essay

Instructions:
Identify each item Give an explanation or description of the item Answer the questions who, what, where, and when
Explain the historical significance of each item Establish the historical context in which the item exists Establish the item as the result of or as the cause of other factors existing in the society under study Answer this question: What were the political, social, economic, and/or cultural consequences of this item?
the Bonus Army

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Definitions:

Lifo Inventory

A method of inventory valuation where the last items placed into inventory are the first ones taken out, used to calculate the cost of goods sold and ending inventory.

Basic Earnings Per Share (Eps)

Basic Earnings Per Share (EPS) is a calculation used to gauge a company's profitability on a per-share basis, dividing net earnings available to common shareholders by the average outstanding shares.

Net Income

The remaining income of a company after deducting expenses and taxes from the total income generated.

Weighted Average

A calculation that takes into account the varying degrees of importance of the numbers in a dataset, often used in accounting and inventory valuation.