Answer:
B) Inflation is everywhere and always a monetary phenomenon.
Explanation:
Henry Thornton developed this theory in 1802. According to the Quantity Theory, In an economy, there is a direct relationship between the quantity of money in the economy and the prices of goods and services. The price levels are directly related to the amount of money in circulation, which is the cause of inflation. Hence the consumer has to pay more for the same amount of commodity.
Answer: c. 78,000 equivalent units.
Explanation:
Equivalent units for conversion is calculated as:
= Units completed and transferred out + Equivalent ending work in process
Units completed and transferred out:
= Units started into production - Ending units
= 90,000 - 20,000
= 70,000 units
Equivalent ending work in process = 40% * 20,000 work in process units
= 8,000 units
Equivalent units for conversion = 70,000 + 8,000
= 78,000 units
Answer:
Option D
Calls for more funding for science education in America the growth of the antiwar movement
Explanation:
Due to the cold war, the need for superiority in science and technology was created, and the U.S and Russia were the two countries running the arms race to gain superiority. When Russia launched the first rocket into space, The US responded by channeling funds into research and development. This was done in order to launch their own satellite into space as well. This was achieved a few years later with the launching of the Explorer 1
Answer:
I could not find the exact details related to this question so here is a similar question to guide you.
Goodwill = Acquisition Price - Net book value (Investee)
= 75,000 - ( Assets - Liabilities)
= 75,000 - ( 90,000 - 40,000)
= $25,000
Identifiable noncurrent assets is overstated by $10,000 however. This will have to be adjusted for tax and then removed from Goodwill to find the Net goodwill that should be reported in the investor's consolidated balance sheet prepared immediately after this business combination.
= 10,000 ( 1 - 40%)
= $6,000
Net Goodwill = 25,000 - 6,000
<h2>
= $19,000</h2>
