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Answer:
my baby daddy.
Explanation:
I forgot to take the pill :(
Economics in the micro-level is scarcity economics, means that every decision that is made by an individual is created based on the availability of the scarce product.
<h2>Further Explanation:</h2>
The economic is a human activity that has a purpose in improving the social standard of living based on the choice of scarcity.
Take an example of the goods for production.
In the fundamental theory of economy, which accommodated in Adam Smith in the latest 18th century.
Human has to choose among
- Lands / Capital
- Labor
- Entrepreneurship
The development of economy nowadays made a lot of health care facility to be more achievable. Take a look at public healthcare; in the past, there is no concept of insurance or general health standard. There is no standard of safety in working place. There is no transparent constitution background for someone to be safe.
Also, take a look at how easy a person in getting food. There is no more activity, like hunting for a person to get food.
<h2>Learn more</h2>
<h2>Details of the question</h2>
Grade: University level
Subject: Economy
Chapter: Microeconomy
The inventory cost flow assumption does inventory on the balance sheet best approximate its current cost is first-in, first-out.
Both the raw materials used in production and the finished commodities that are offered for sale are included in the definition of inventory. One of a company's most valuable assets is its inventory because it is one of the main sources of revenue generation and, consequently, a source of profits for the company's shareholders. There are three different categories of inventory: finished commodities, work-in-progress, and raw materials. On the balance sheet of a company, it is listed as a current asset.
Both the products that are on hand for sale and the raw materials required to make those products are considered inventory.
On the balance sheet of an organization, it is categorized as a current asset.
The three different categories of inventory are raw materials, finished commodities, and work-in-progress.
The first-in, first-out method, the last-in, first-out method, and the weighted average method are the three methods used to value inventory.
Learn more about inventory here:
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Answer:
consolidated income statemnt interest expense: 14,500
net long-term debt consolidaded: 232,500
Explanation:
Jay thinks the long-term debt carries a discount.
Which makes the fair value 20,000 less, thus increasing hte interest expense.
amortization on discount: 20,000 / 8 = 2,500
interest expense in the consolidated statement:
12,000 + 2,500 = 14,500
adjusted balance ofthe discount: 20,00 - 2,500 = 17,500
long term debt: 250,000
discount on debt<u> 17,500 </u>
net 232,500