Answer:
a. An additional layer of $12,760 is added to the 12/31/2021 balance.
Explanation:
The computation of the inventory balance is given below:
2021 Base year cost is
= $131,040 ÷ 1.05
= $124,800
Additional layer is
= $124,800 - $101,600
= $23,200
2022 Base year cost is
= $150,040 ÷ 1.10
= $136,400
Additional layer is
= ($136,400 - $124,800 ) × 1.10
= $11,600 1.10
= $12,760
Therefore the first option is correct
Answer:
C
Explanation:
Escrow service is a form of risk mitigation medium in the course of a transaction , where a third party receives and disburses money for the main transacting parties as can be seen in the scenario given .
Nothing is really wrong in the transaction as suspected by the Wrights but a difference in the rules guiding escrow in North and South Carolina.
Escrow instruction are due for signing in South Carolina by both parties immediately after they have all signed the purchase agreement , about 60 days ahead of the actual close of the escrow date , while in North Carolina , escrow are not signed until the day before the actual close of escrow.
Answer:
a tax bracket refers to a range of income subject to a certain income tax rate.
Explanation:
so basically it's just a range of income taxed at a given rate
Answer:
The correct answer is letter "A": free trade.
Explanation:
Free trade allows countries to share their goods and services without boundaries. The most important factor possible thanks to free trade is the access to knowledge and information that could boost economies with low innovation to gather ideas of what actions can be taken to improve their situations.
Answer:
Insatiation
Explanation:
Insatiation is an economic problem which arises as a result of human wants and cravings being limitless with a limited means of satisfying these wants
Economic problem of insatiation can be solved when there are also unlimited means of satisfying the limitless wants and desires of human
