Look man I know this is not an answer for this and I shouldn’t be earning points but if you can believe In yourself you will get the answer. I believe in you man
If there demand is higher because the higher it is the more the consumers will pay.
Hope this helps!
Answer:
cash flow statement
Explanation:
because it determines the inflows and outflows of the business
Answer:
Land, Equipment, and Inventory will be restated on the closing date i.e. December 31, 2020. The rate of the currency exchange from local to foreign currency for equipment is on the day of purchase which is February 1, 2020.
Explanation:
1-Balance sheet items are restated on the closing date.
2-P & L items are restated on the transaction date.
As the items Land, Equipment and Inventory are all the balance sheet items, thus they will be stated on the closing date i.e. December 31, 2020.
Furthermore, the functional currency is foreign currency. Since the equipment is purchased in the domestic currency it has to be translated into the foreign currency at the rate as on the date of purchase i.e; February 1, 2020.
B. You make less than 100’000
