<span>As the three ounces of cinnamon cost=
$2.40,
so one ounce would cost 80 cents
now
. multiply 80 scents by 16 that is total number
so 80*16
so u will get that cinnamon costs $12.80.
hope it helps</span>
Home goods has things like that or world market
Answer:
- 10%
- (will increase in the short run) but in the long run it will return to the potential output level.
Explanation:
If the money supply is increased by 10%, the inflation rate will also increase by 10%.
In the short run the economy will be able to produce an output which is higher than the potential GDP, but once the inflation rate catches up, both the unemployment rate will increase and the real GDP will return to its potential output level.
Answer:
Debit: Shrinkage expense $300
Credit: Inventory $300
Explanation:
When your business experiences shrinkage, you must adjust your accounting books. Record inventory losses by increasing your Shrinkage Expense account and decreasing your Inventory account.
Debit your Shrinkage Expense account and credit your Inventory account.
To adjust for shrinkage, create a journal entry that looks like this:
Debit Shrinkage expense account by $300
Credit Inventory account $300
Yes and no, if you are of United States yes, if not No