Answer: Longer-term project
Explanation:
At the beginning of a project, it may not be possible to estimate the costs for all activities with some levels of confidence regarding their accuracy if the project isn't a short-term project, because it's not really possible to accurately fortell the costs of unforseeable outcomes and factors that may affect the project in one way or the other in the long run.
The average 6 year old weighs about 44 pounds
Answer: See explanation
Explanation:
The correct cost of goods sold for 2021 will be:
= Beginning inventory + Cost of goods bought - Correct ending inventory
= 34500 + 177000 - 32550
= 178950
The correct cost of goods sold for 2022 will be:
= Beginning inventory + Cost of goods bought - Correct ending inventory
= 32550 + 155000 - 40850
= 146700
Note:
Correct ending inventory for 2021 will be: = Ending inventory - Overstated value
= 36000 - 3450
= 32550
Correct ending inventory for 2021 will be: = Ending inventory + Understated value
= 34500 + 6350
= 40850
Answer:
Explanations:
the only asset not in the Intangible asset is the Prepaid Insurance which is a current asset.
Answer:
1) If they both consume the same amount of goods (rice and beans), and their price increased by 100%, then the inflation rate is 100%.
- old price of beans = $1, new price $2, inflation rate 100%
- old price of rice = $4, new price $8, inflation rate 100%
The inflation rate measures the change in the general price level of an economy during a certain period of time, in this case during a year from 2016 to 2017.
2) Indicate whether Gilberto and Juanita were better off, worse off, or unaffected by the changes in prices.
Since Gilberto produces beans and Juanita produces rice, and the price of both of their products increase equally (100%), then the inflation rate will not affect them. Their consumption levels also remain the same, no one decided to consume more of one product and less of the other.
