In developed countries, at 40 years of age individuals typically become grandparents.
<h3>What are developed countries?</h3>
A sovereign state that is considered to have a developed economy, a high standard of living, and advanced technological infrastructure is referred to as a developed country.
A developed country, often known as an industrialized country, has a sophisticated economy that is typically gauged by average income per person and/or gross domestic product (GDP). Developed nations have diverse industrial and service sectors as well as cutting-edge technology infrastructure.
The term "developed countries" often refers to wealthy nations, excluding Middle Eastern nations and certain other minor nations. Limitations:
(i) It only addresses the economic element while ignoring issues like peace, health, the environment, lifespan, education, etc.
(ii) The method does not show us how the income is distributed.
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Answer:
Hello! Your answer would be, A) Cash equivalents earn slightly more interest than a savings account.
Hope I helped! Ask me anything if you have any questions! Brainiest plz. Hope you make an 100% and have a nice day! -Amelia♥
Answer: <u>$4,500</u>
Explanation:
Equipment was purchased for $76,000.
It has an estimated useful life of 8 years.
It will be sold for $4,000 after these 8 years so that is the salvage value.
With these figures depreciation per annum is calculated with the following formula;
= 
= $9,000
The Equipment was purchased on July 1, Year 1. In Year 1 therefore it will only be in use for half the year and this is what it should b depreciated in light of.
Semi-annual Depreciation = 9,000/2
= <u>$4,500</u>
Answer:
75,000 equivalent units
Explanation:
Calculation to determine What were the equivalent units of production for conversion costs for the month of March
First step is to calculate completed and transferred units
Completed and transferred units =5,000 + 70,000 − 25,000
Completed and transferred units = 50,000
Now let determine the equivalent units for direct materials cost
Using this formula
Equivalent units for direct materials cost =100% of the completed units + 100% of the ending inventory
Let plug in the formula
Equivalent units for direct materials cost= (50,000 × 100%) + (25,000 × 100%)
Equivalent units for direct materials cost=50,000+25,000
Equivalent units for direct materials cost=75,000
Therefore the equivalent units of production for conversion costs for the month of March is 75,000
Answer:
d. it causes profits to be understated when prices are rising and allows a company to dodge taxes.
Explanation:
The LIFO method should not be permitted to determine the net income as in this case the profits would be understated at the time when price is increased due to this it permits the company to dodge taxes as the inventory consumed in the production process also the high inventory value would be involved in the cost of sales that represent the high cost, this result in lower profits and taxes
Hence, the option d is correct
