Answer:
B
Explanation:
Especially hurt New England's port cities
The Embargo act of 1807 was Enacted by the US on all foreign national with the intention of harming the United kingdom and France. The effect of this was to force these two nations to cease impressments and respect the US neutrality.
The act posed hardship on U.S. farmers and on New England and New York port cities. It had little effect on Europe.
Answer: D) Subjective and inaccurate.
Explanation:
Estimation based on subjective analysis that is done on personal thoughts, opinion and view.It does not consider facts and figure to make approximation rather person's own perceptions are considered.Accuracy defines exactness and preciseness of any anything.
According to the question, estimation made by writer was not accurate because he missed the deadline in terms of time and did not include facts and information to make estimation rather it was made on personal thinking.
Other options are incorrect because estimation is not precise and objective. Thus, the correct option is option(D).
Answer:
$344,000
Explanation:
The applicable formula, in this case, is the accounting equation.
Assets= Liabilities + Equity.
Liabilities =$117,000
Equity =$227,000
Assets = $117,000 + $227,000
Assets = $344,000
