Answer:
Explanation:Explanation is
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bit.
Answer:
The answer is Balance sheet accounts are overstated and income statement accounts are understated.
Explanation:
Answer:
Appropriate patent amortization expense = $10 million
Explanation:
As per the data given in the question,
Annual amortization expense = Cost ÷ Time
= $36 ÷ 9
= $4 million
Year 2018 Amortization Expense 4 Years = $4 million × 4
= $16 million
Unamortized cost = $36 million - $16 million
= $20 million
Year 2018 Amortization expense 4 years = $20 million ÷ 2
= $10 million
Answer:
1. The government could not finance it's deficit budget.
2. The Dollar was stable and Through dollar adoption, interest rate would be lowered and investments would increase.
Explanation:
The colon was changed to dollars because El Salvador wanted a boost in it's economy through the US Dollar.
Printing money to finance deficit would no longer be done by the government and inflation would be brought under control. Because of the adoption El Salvador has no control over it's monetary policy.
the government would still be able to run deficits by printing money
with dollars, shocks caused by demand in the economy will be offset more effectively by using monetary policy.
By printing U.S. dollars, the government would still be able to finance deficits.
Answer:
The Net Operating income will be the same for both methods.
Explanation:
Net Operating income under absorption costing and variable costing methods usually differ because of existence of inventory.
Fixed overheads are deferred in Inventory when using absorption costing. Meaning that a higher income is obtained under absorption costing than variable costing when there is inventory and a lower income under absorption costing than variable costing.
When units produced are units sold, there is no inventory. Therefore, the Net Operating income will be the same for both methods.
