<span>The game could not have risen to its high level of popularity if teenagers were not capable of </span><span>formal operational thought.
The formal operational stage starts at roughly age 12 and keeps going into adulthood and during this time, individuals build up the capacity to consider unique ideas.</span>
Answer:
Accounts Receivable $8,820
To Sales Revenue $8,820
Explanation:
The journal entry to record the sales revenue is shown below:
Accounts receivable A/c Dr $8,820
To Sales revenue A/c $8,820
(Being merchandise sold on credit basis)
For recording this we debited the account receivable as it increased the assets and credited the sales revenue as it also increased the revenue
The computation of sales revenue is shown below:
= Sales revenue - discount
= $9,000 - $9,000 × 2%
= $9,000 - $180
= $8,820
This is the answer but the same is not provided in the given options
Answer:
The CPI and inflation rate in 2010 is 173.33 and 73.33% respectively.
Explanation:
The computation of the CPI and the inflation rate for the year 2010 is shown below:
For CPI
= (Current year price) ÷ (Base year price)
where,
Current year price is
= 30 bottles × $4 + 6 yard × $6
= $120 + $36
= $156
The 30 bottles is come from
= $60 ÷ $5
= 30
And, the 6 yard is come from
= $30 ÷ $5
= 6
Now the base year price is
= $60 + $30
= $90
So, the CPI is
= ($156) ÷ ($90) × 100
= 173.33
And, the inflation rate is
= (173.33 - 100) ÷ (100) × 100
= 73.33%
Answer:
$47,800
Explanation:
net cash outflow for the new machine = Cost of new machine - salvage value of old machine + tax ( salvage value of old machine - book value of old machine)
$70,000 - $18,000 + 0.3($18,000 - $32,000)
$70,000 - $18,000 + (0.3 × $-14,000) = $47,800
I hope my answer helps you
Two further indicators of the general level of prices are the GDP deflator and the consumer price index.
<h3>What do you mean by price level?</h3>
The price level is determined by averaging the current prices for all the goods and services produced in an economy. Price level refers to the cost or price of a good, service, or security in the market.
Price level indicators track changes over time and indicate the overall level of pricing for goods and services in an economy.
- The Consumer Price Index (CPI),
- The GDP deflator, and
- Producer Price Index
is the three main price level indicators that economists and policymakers frequently cite (PPI).
Therefore, the aforementioned are some of the usual indicators of price level changes.
Learn more about price level change:
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