Predictions usually refer to the collective behavior of large groups rather than individual because looking at the behaviors of a large group of individuals allows economist to discern General patterns of actions and therefore make more reliable generalization.
<span>Government Revenue: the Sources. The governments in the US collect about $4.2 trillion
in a year income and payroll taxes. Income tax is where governments
collect the most tax: in federal, state, and local income tax they will
collect about $2.6 trillion in 2018.</span>
Answer:
Product 2005WSC should be reported at $127
Explanation:
Using the lower-of-cost-or-market, Carla Vista Company reports its Inventory at the <em>lower of</em> cost and net realizable value at the end of its financial period.
Cost per unit of 2005WSC is $ 127 (given)
<u>Net realizable value </u><u>per unit of 2005WSC is :</u>
Selling Price ( $127 × 1.40) $177.80
Less Estimated Cost to Sell ($6.00)
Net realizable value $ 171.80
<u>Conclusion :</u>
Therefore, the lower is Cost at $127
Thus product 2005WSC is measured at $127
Its a German word meaning cream. (:
