Answer:
hot dogs and pretzels are inferior goods
Explanation:
From the question, We are informed about Miles who graduated from college and his his income increases by $ 35000 a year. Nothing else changes. Miles Miles decreases the quantity of hot dogs and pretzels that he buys and increases the quantity of gourmet ice cream that he he buys. For Miles, hot dogs and pretzels are inferior goods. In economics, inferior good can be regarded as goods that have a fall in demand whenever there is increase in consumer income, i.e increase in consumer income will bring decrease to such goods, which is opposite to normal goods.
Answer: Work in process
Explanation:
The work in process is basically refers to the work in the progress that helps in process the production of the products and the services.
The work in process is basically refers to the process inventory system that helps in managing the accounting period and also the cost is basically assigned for the inventory valuation.
According to the given question, the work in process is supported by the cost ledger that manages all the services with the client in the company. Therefore, Work in process is the correct answer.
Therefore, Work in process is the correct answer.
Countries adopting western eating habits, the spread of fast food restaurants to other countries is big.
Increasing income has added to urbanization which seems to lead to diets rich in animal produce, fat, salt and sugar.
Answer:
D. Net income of $150,000
Explanation:
$705,000 + X - $30,000 = $825,000
X = $150,000
It will be worth $105468.75.
If it depreciates 25% each year, that means 75% of the value remains.
The value of the third year is $140,625.
$140,625(.75) = $105,468.75.
You could also find 25% of $140,625 and subtract it.
$140,624(.25) = $35,156.25
$140625 - $35,156.25 = $105,468.75.
Either way the car would be worth $105,468.75 in year four!