Answer:
Minolta: 5 at $ 163 = $ 815
Canon: 7 at $ 133 = $ 931
Vivitar 11 at $ 112 = $ 1,232
Kodak 10 at $ 121 = $ <u> 1,210 </u>
Total Inventory: $ 4,188
Explanation:
We must value the inventory at the lower value between the historic cost and the market value of the assets. This is done to follow the conservatism principles of accounting.
Minolta: 5 at $ 163 = $ 815
Canon: 7 at $ 133 = $ 931
Vivitar 11 at $ 112 = $ 1,232
Kodak 10 at $ 121 = $ <u> 1,210 </u>
Total Inventory: $ 4,188
Answer:
real GDP per capita
Explanation:
Real GDP per capital relates to the calculation of a nation's gross productive capacity, regardless of the quantity of inhabitants and accounting for inflation. This will be used to evaluate living conditions between nations but over time.
This is used by the economists majorly, all over the world, to calculate the economic growth as this is the variable which closely depicts the true picture of the economy and whether or how much the growth is enjoyed by the individuals in the economy.
Answer:
child care
Explanation:
FSA is a special account you put money into that you use to pay for certain out-of-pocket health care costs
Any business that is in the tech business, where massive amounts of money go for development and for producton are companies that are very likely to need startup capital from some sort of investor; in this case it can be a venture capitalist but it can also be any other type of investor.
Answer:
1. Price ceiling, Binding
2. Price ceiling, Binding
3. Price floor, binding
Explanation:
Price ceiling is a government or group control limit on how high a product, commodity or service can be charged.
Price floor is a government or group limit on how low a product, commodity or service can be charged.
Binding simply means you are legally bound to something while non-binding means you are not legally bound to it.