The correct response is that investments that are thought to be unpredictable are more dangerous.
Every investment entails some level of risk. If market circumstances deteriorate, stocks, bonds, mutual funds, and exchange-traded funds might lose value. Inflation risk exists even with conservative, insured investments like certificates of deposit (CDs) issued by banks or credit unions. Over time, they might not make enough money to keep up with the rising cost of living.
However, one investment is much riskier and more deadly than other investments right from the start. An investment not on that table and is made without knowing any uncertainties is more comparatively on the verge of getting lost.
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People who patronized liquor sellers are called guests. Before those people can be served, the bar man has to decide whether to sell drinks to them or not. Some factors that make one unqualified to buy drinks include: under-age, intoxication, pregnancy, etc. So, the bar man has to assess the guest and decide whether to sell to him or not. Thus, when you are assessing a guest, you are: considering the age of that person, you are determining whether the customer is already drunk, you are checking if the customer is pregnant, if female, etc. When you are assessing a guest, you are getting information about the behavior of the guest.
The alien concludes that <span>the rags-to-riches narrative of social mobility is true and realistic.
As it turn out many considerations need to be made from the rags to riches narrative. For example, it is true that as individuals we need to work hard to achieve success in our career, but we can't deny the fact that born in wealthy family will give children a clear competitive advantage in education or ways to raise capitals for the business, which make it harder for poor people to actually become wealthy.</span>
Answer:
Hodge Company
Calculation of Estimated Loss on Inventory in the
Flood Using Gross Margin (Profit) Method
November 21, 2016
Inventory at November 1, 2016 $96,000
Purchases from November 1, 2016 <u>$131,000</u>
to date of flood
Cost of goods available for sale $227,000
<u>Estimated cost of goods sold:</u>
Net sales from November 1, 2016 $250,000
to date of flood
Less: Estimated gross margin <u>$75,000</u> <u>$175,000</u>
(250,000 * 30%)
Estimated cost of inventory at date of flood $52,000
Less: Salvage goods <u>$9,200</u>
Estimated loss on inventory in the flood <u>$42,800</u>
Prime cost=direct material+direct labor
Direct material 150000
Direct labor 200000
So
Prime cost=150000+200000
Prime cost=350000
Hope it helps!
