Answer:
$4,300
Explanation:
Calculation for what amount should Nelson report for total ending inventory on its Dec. 31 balance sheet
Total ending inventory=( 200*3.50)+(400*1.50)+ (1,000*3.00)
Total ending inventory=$700+$600+$3,000
Total ending inventory=$4,300
Therefore the amount that Nelson should report for total ending inventory on its Dec. 31 balance sheet will be $4,300
The answer is D
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Answer:
Europe: 50% Japan 50%
Europe: 40% Japan 60%
Europe: 60% Japan 40%
None of these values is consistent with this increase
Explanation:
Answer:
Though its not explicity mentioned in the question, I am assuming you want to know the correct option. The correct option in this case is option 2.
Explanation:
As stated in the question, the difference in classifying goals as either long term, short term or intermediate depends on the time frame involved.
Short term goals can be achieved in a few months generally and are set to define goals with the time horizon of a maximum of 1 year.
A long term goal, as the term suggests, is one that takes a significant amount of time. Generally, long term goals are set using a time frame of 10 years.
Given that long term goals cover a longer time period while a short term goal covers a span of 1 year, individuals many times set intermediate goals to keep them motivated. Intermediate goals therefore generally cover a time frame of 2 to 5 years.
Therefore, in the context of the question, these three types of goals can take from 1 to 10 years to accomplish
<span>The fact that people are willing to save money for future purposes describes the function of money as a store of value.
Money is generally accepted as a form of payment for any transaction. This makes it possible for people to measure value of services or a goods easily by expressing their value in form of money make it possible for us to account for anything (good and services) in our books of record. This characteristic of money gives it value and ability to be saved or stored as a liquid asset for meeting any emergencies, debts or future buying opportunities for good and services among other needs. Hence, Money can therefore act as a medium for storage of value.</span>
