Answer:
Explanation:
Macroeconomics by definition is the study of general factors like inflation, national productivity and interest rates that affect a certain economy as a whole. Expectations of studying macroeconomics therefore is to make people understand how factors like consumption, investments and savings and government spending affect the gross domestic product (GDP). The government, through the Fed, would also be expected to make concrete and optimal economic policies.
Answer: Prepaid cost more because it has more perks than contract, it offers more to the customer's either in data or calls
Explanation:
Prepaid phone services are services that which requires you to pay an upfront for the plans you'll be using in either calling,browsing or texting
While contract has you to choose from monthly plans
Prepaid cost more because it has more perks than contract, it offers more to the customer's either in data or calls
Answer:
Colorado Corp.
The retroactive adjustment to the accumulated depreciation account on January 1, Year 9, as a result of the change in depreciation method is:
= $0.
Explanation:
a) Data and Calculations:
Accumulated depreciation at December 31, Year 8 based on double declining balance method = $525,000
Accumulated depreciation at December 31, Year 8 based on straight-line method = $300,000
The required adjustment to the accumulated depreciation account = $0 ($525,000 - $525,000)
b) The accumulated depreciation account does not require a retrospective adjustment. It will remain at $525,000 while the company continues to apply the straight-line method going forward. The change is called a change in accounting estimate and not a change in accounting principle that requires retrospective application and adjustment to the previous years' accounts.
in a traditional economy resources are controlled by the people resources are used in their natural state
<h3>What is a traditional economy?</h3>
A traditional economy can be described as a kind of economic system whereby the traditions as well as the customs, and beliefs is been used in shaping the goods as well as the services of the economy produces, in the manner of their distribution.
In this case, it should be noted that Countries that use this type of economic system are often rural and farm-based, hence traditional economy resources are controlled by the people resources are used in their natural state
Learn more about traditional economy from
brainly.com/question/12487698
#SPJ1
Answer:
$123 Unfavorable
Explanation:
Budgeted cost = $2,420 + (33 * $9) = $2,717
Actual cost = $2,840
Variance = Budgeted cost - Actual cost = $2,717 - $2,840 = $123 Unfavorable
Therefore, the activity variance for materials and supplies in August would be closest to <u>$123 Unfavorable</u>.