Answer:
$13,130.4
Explanation:
Mean is a measure of average. It is used to calculate the average of a given set of data.
Mean = Sum of Terms/Number of Terms
Monthly Mean Rental Cost = Total rental cost / Number of rents
= ($6,350 + $5,745 + $11,870 + $15,255, + $26,432)/5
= $65652/5
=$13,130.4
Answer: C. $150,000 credit
Explanation:
In the financial statements for year 2, it should be noted that the year 1 retained earnings balance, should be adjusted by $150,000 credit.
The corrections of errors should be treated as the period adjustments before. In this case, the $150,000 overstatement for the cost of goods that was sold in the previous year, will then be credited to the beginning balance of the retained earnings.
Therefore, the correct option is C.
Answer:
See every requirement in details bellow
Explanation:
Answer:
Norway
Explanation:
UK and Norway are producing two goods: Oil and shoes
UK's opportunity cost of producing 1 unit of oil = 2 pairs of shoes
Norway's opportunity cost of producing 1 unit of oil = 1/2 pair of shoes
Therefore,
Once trade is allowed among the trading nations, then a nation is exporting a commodity in which it has a comparative advantage and importing a commodity in which it has a comparative disadvantage.
Norway has a comparative advantage in producing oil because it has a lower opportunity of producing oil as compared to UK.
Hence,
Norway should produce oil.
Answer:
The answer is option (D) Assess property, plant & equipment values based on current comparable prices.
Explanation:
From the given question, Evaluating the likelihood and level of expected warranty claims or Estimating the collectibility of accounts receivable balances is is not a good example for analytics and financial statements.
Therefore, the best example from the given options is assess property, plant, and equipment values based on current comparable prices for analytics and financial statements.