The statement mentioned above regarding manufacturing in the United States is true.
<h3>What is manufacturing?</h3>
Manufacturing refers to the changing or conversion of the raw material into finished products and deliver it to the customers directly or indirectly. The manufacture of the products in order to maximize their profits and satisfy the needs of the customers.
More young individuals entering the industrial industry could have a significant impact on the manufacturing growth in the United States. Young people use their creativity and knowledge to increase the production.
The number of people has increased in manufacturing sectors. Therefore, it can be concluded that the statement mentioned above is true.
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Answer:
B) the less an additional unit of capital adds to production
Explanation:
The diminishing return state that if everything else is held constant, each additional unit will increase production by a fewer amount than previous one. That's because the same amount of resource can only use efficiently a certain amount of capital then there is a loss in this good use and therefore, the output do not increase at the same rate as we add up capital.
A person can do a good use of several type of tool for building a house but I can only use one or two at the time
Adding more tools can increase productivity but in the end there is only one person working.
Answer:
The correct answer is letter "C": When both the fair value of a reporting unit and its associated implied goodwill fall below their respective carrying values.
Explanation:
Impairment Loss is the decrease in an asset's net carrying value that exceeds the future undisclosed cash flow it should generate. The net carrying value is an asset's acquisition cost minus depreciation. Impairment occurs when a company sells or abandons an asset that is no longer beneficial.
Thus, <em>a goodwill impairment loss is recognized when the goodwill's net carrying value is below its fair value and the expected cash flow it was to generate.</em>
Answer:
Fixed
Explanation:
The government keeps the exchange rate FIXED the the same rate.
Answer:
Supplies Expense 12500
Explanation:
<em>Bravo Unlimited</em>
<em>Adjustment Entry</em>
Date Particulars Debit Credit
February 29 Supplies Expense 12500
Supplies Account 12500
( Opening bal+ purchases- Ending bal= Expense= 2000+ 12000- 1500= 12500
At the month end Supplies were used for $ 12500 and supplies on hand are $ 1500.
On 2nd Feb the supplies account totalled $ 14000 but $5000 supplies had been expensed so the total amount of supplies used up is calculated by (Opening bal+ purchases- Ending bal= Expense) the formula given above.
