Your friend is in the category of people considered to have HIGH INCOME.
Friend's salary is more than $1 million and he lives off a credit card. He has high income but net worth can't be determined.
Answer:
Calculating volumes by water displacement is always more accurate than using mathematical formulas when the objects have irregular shapes or it is difficult to measure them exactly. The only thing that you must keep in mind is measuring the water displacements properly. One ml of water equals 1 cm³, so if the water level increased by 5 ml, then the object's volume is 5 cm³.
Answer:
$4,213
Explanation:
Product Group Units Cost/Unit Market/Unit Total Value
A 1 600 $1.00 $0.80 $480
B 1 250 $1.50 $1.55 $375
C 2 150 $5.00 $5.25 $750
D 2 100 $6.50 $6.40 $640
E 3 80 $25.00 $24.60 $1,968
total $4,213
when you are using the lower of cost or net realizable value to determine the value of your inventory, you should calculate the inventory's value using the lowest cost between purchase cost and market value.
Explanation:
Social marketing is an approach used to develop activities aimed at changing or maintaining people’s behaviour for the benefit of individuals and society as a whole.
Answer:
The correct answer is option C and D.
Explanation:
There are two approaches to calculate GDP.
- Income approach
- Expenditures approach
The income approach calculates GDP by looking at the factor incomes earned by the factors of production.
The expenditure approach looks at consumption expenditure, investment expenditure, government expenditure, and net exports to calculate GDP.
