With Nelly's grandparents being on a fixed income, inflation will cause their purchasing power to go down. Since inflation causes prices to raise, they will not be able to purchases things like before. The correct answer is C.
Zhang company suggested price of goods bought of $841,000, establishing inventory of $38,400 and ending inventory of $46,900. the common stock amount is $42560.
Average stock is the average amount or price of your stock over two or more accounting periods. It is the mean cost of inventory over a given quantity of time. That price may additionally or may additionally now not equal the median fee derived from the identical data.
<h3>What is the average inventory level?</h3>
The average inventory degree refers to the number of units, now not the monetary fee of these units. Determining average stock degree is simpler than identifying the average inventory cost. There's one less calculation: you do the identical thing, however assign no value to products. You're simply averaging their quantity.
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If Lisa makes $6,000 per month at her full time job and then working on her business in the evening, she should be making at least $6,000 frmo her business before quitting her full time job. If Lisa is use to making $6,000 and needs that to support herself and her bills, then she would want that same amount of money to be coming in from another source before she can quit her current job. If Lisa is making money from her business already and needs that in conjunction to the $6,000 she makes at her full time job than that money needs to be included in her income before she leaves her job.
If the decrease in unearned revenue is subtracted from net income, it will eliminate the effect of recording revenues that would have increased the Net income earlier. But since, the cash has already been received so there will be no effect on cash.
Answer: Professor Buckteil's proposal is an example of (Economic efficiency).
Professor Rammer's proposal is an example of (Economic equality)
Explanation:
Professor Bucktell's proposal is economic efficiency. This means when the available resources in the economy are shared using the efficient mean possible and the best possible operation that's available.
Professor Rammer's proposal is economic equality. This refers to when everyone is given a fair and equal chance. There's a level playing field for everyone. This can be seen when he said that the money of up to $10,000 scholarships should be given to the 25 applicants to the program with the most financial need, regardless of talent.
