I would say the duration of unemployment rises. A recession means that for example in the mining industry the prices of metals falls so the result is that often companies cut back on production and lay workers and staff off, or sometimes shut whole mines down completely. So the employers have a harder time to pay their workers because they may not be making a profit anymore. In mining and mineral exploration these recessions or depressions are cyclical in the capitalist system and usually last at least 4-5 years often with no work for mining people.
Answer:
The ending inventory value using LIFO retail method is $710,000
Explanation:
Beginning inventory $590,000
Purchases $1,370,000
Net Markups ($64,000)
Net Markdowns ($34,000)
Goods Available For Sale $1,990,000
Cost to retail percentage = 70.91%
Net sales $1,280,000
Ending Inventory = $710,000
Answer:
Working for the buyer.
Explanation:
When a real estate agent is contracted, he becomes a representative of the seller, and seeks to give the seller best options that will maximise sales.
For example if the real estate agent has multiple offers from his friends and other people he does not know he is obligated to present all offers made to the seller. He is not to favour some buyers over others.
Therefore the real estate agent as a representative of the seller is not working for the buyer.
It is estimated that it could take up to 1 hour <span>for your liver to get rid of the alcohol in one standard drink.
Mostly, the alcohol is dumped out through your sweat, urine, or respiratory process. This amount of time to get rid of a substance is considered really dangerous because it put a lot of stress to your liver.</span>
Answer: b. Matching
Explanation: The matching principle as an accounting practice states that all expenses must be matched in the same accounting period as the revenues they helped to earn. It recognizes revenues and related expenses of firms in the same accounting period. The matching principle helps in the avoidance of misstated earnings for a period.
Therefore the warranty expense note exemplifies Apple's use of the matching principle.