Answer:
$123,500
Explanation:
The computation of the amount reported in the financial statements is shown below
= Sales amount - the amount of sales received
= $247,000 - $247,000 × 50%
= $247,000 - $123,500
= $123,500
by deducting the amount of sale received from the sales amount we can get the amount i.e to be reported in the financial statements
I agree with the person above - if a particular country has almost a 3-percent prevalence for schizophrenia, it means that that country has a higher-than-average schizophrenia prevalence.
That's a large number of people suffering from schizophrenia - the number should be a lot lower within one country. Schizophrenia is a serious mental disorder when individuals cannot distinguish illusions from reality.
Answer:
Special revenue fund.
Explanation:
A special revenue fund is a government account created to collect money that is used for an specific purpose or project. The money collected by this type of account can only be used for the specific purpose for which it was established.
In this case, the revenue collected from the gasoline tax can only be used for highway construction and maintenance.
Answer:
This will lead to overestimation of CPI and inflation.
Explanation:
Suppose consumers buy two types of meat, beef, and pork. If the price of pork remains the same while the price of beef increases, the consumers will prefer the cheaper substitute. As a result, the demand for pork will increase and the demand for beef will decline.
If the Bureau of Labor Statistics does not include this substitution in the CPI calculation, it will cause the CPI to increase as the price of beef is increasing. But in reality, consumer spending has not increased as they are purchasing more of the cheaper substitute.
This will lead to the overestimation of both CPI as well as the inflation rate.
Scarcity is relevant to Charles and Ebony's budget because it helps them make a decision on how to spend their money on the urgent needs while ignoring the other important things which comes with a burden of future cost.
Tradeoff decisions would help Charles and Ebony to analyze the amount of money that they must set out every month for essentials, and discretionary money which is the money left over.
Opportunity cost
Opportunity cost looks at affordability given the prices of goods and the individual's income. Opportunity cost measures cost in terms of what must be given up in exchange.
Therefore the factors of scarcity, tradeoff and opportunity cost will affect Charles and Ebony's budget because they have to factor in the effects of these economic forces on the budget.
Learn more about Scarcity at brainly.com/question/3081250
#SPJ1
