Explanation:
On April 27, a blast of light from a dying star in a distant galaxy became the focus of astronomers around the world. The explosion, known as a gamma-ray burst and designated GRB 130427A, tops the charts as one of the brightest ever seen.
Answer:
They are reported on a balance sheet.
They refer to cash received in advance of performing a service or product. They are a liability.
They are also called deferred revenues.
Explanation:
Unearned revenue is a term in which the transactions that are related to the receiving of money could be considered for the service or product to be provided or delivered. It is as a prepayment
Also it is a liability account that should be recorded at the balance sheet. It is also known as deferred revenues
Answer:
$133.33
Explanation:
In the above , the base price which is meant to the the last year price would be;
T = $24 + $12
T = $36
This year, the total cost, which is C
C = $33 + $15
C = $48
The consumer price index per the above question is calculated as;
Price index = (Current price / Base price period) × 100
Price index = (48 / 36) × 100
Price index = $133.33
A depreciation of the U.S dollar rise the price of U.S. imports, and fall in the price of U.S exports.
In a floating exchange rate system, currency depreciation refers to the decline in value of a nation's currency in relation to one or more foreign reference currencies.
Currency depreciation can happen for a variety of causes, including weak economic fundamentals, interest rate differences, political unrest, investor risk aversion, etc.
The exchange rate affects whether there is a trade surplus or deficit; a depreciated domestic currency encourages exports and raises the cost of imports. A strong native currency, on the other hand, makes imports more affordable and hinders exports.
To learn more about depreciation of currency click here:
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Answer and Explanation:
The price of pork chops per pound in 2012 is $3.57 according to Statista. This is a remarkable increase from 20.9 cents or $0.209 per pound from 1913.
Today pork chops cost even more at an estimated price of $4.25 per pork chop pound. A whooping 2033% increase from 1913. This is a good example of how much inflation has affected prices of goods in the last 100 years.
