Answer:
<u>Company's total inventory</u> 30,850
Camaras: 10,960
Camcorders: 8,850
DVDs: 11,040
Explanation:
<u>Camaras: </u>
cost: 10,960
net realizable value: 12,060
<u>Camcorders: </u>
cost: 8,850
net realizable value: 9,170
<u>DVDs: </u>
cost: 12,100
net realizable value: 11,040
<u>Company's total inventory</u>
10,960 + 8,850 + 11,040 = 30,850
We must pick between the historic cost or the net realizable value the lower. The reasoning behind this is the conservatism accounting principle to keep the assets valued at minimum.
Answer:
The correct answer is letter "C": They were excited about the video conference system.
Explanation:
In order to make sentences more professional and direct, they must be objective. It implies any point of view, perspective, comment, or any subjective piece of information should be deleted so the statement is unbiased. By doing this, we avoid exaggerations or misunderstandings from the author.
In the sentence:
- <em>They were </em><u><em>totally</em></u><em> excited to be getting a new system.
</em>
We should delete "totally" which is an individual perception of the author. Then:
- <em>They were excited about the video conference system.</em>
<em />
Will be a more objective sentence.
Answer:
B) government spending and taxes that automatically increase or decrease along with the business cycle.
Explanation:
The two most common automatic stabilizers are: income taxes and unemployment benefits.
When the economy is strong, people make more money, and income tax revenue automatically increases.
On the contrary, when the economy is weak, or in recession, people earn less, and more of them are unemployed. Unemployment benefits therefore increase accordingly.