Examlex
Identify the risk and the return in each of the following examples:
A.Investing $500 in a CD at 4.5% interest.
B.Placing a $100 bet on an NBA game.
C.Investing $10,000 in Microsoft stock.
D.Borrowing $20,000 in student loans.
FIFO
"First In, First Out," an accounting method for valuing inventory where the first items placed in inventory are the first sold.
Current Costs
The costs that would have to be incurred to replace or reproduce an asset in the current period, under current market conditions.
Absorption Costing
An accounting method that includes all manufacturing costs - direct materials, direct labor, and both variable and fixed manufacturing overhead - in the cost of a product.
Net Income
The total earnings of a company after accounting for all expenses, taxes, and additional income streams, representing the company’s profit.
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