If its true or false its true
Answer:
so correct option is C. 6.5
Explanation:
given data
natural rate of unemployment = 4%
economy producing = 95%
solution
we know here as Okun's law for the every 1 percentage increase in unemployment rate
GDP of country = 2% lower than potential GDP
but here is country GDP = 5% lower than potential GDP
so there is increase in the unemployment rate = 5% ÷ 2 = 2.5%
and unemployment rate is given = 4%
so effective unemployment rate will be
effective unemployment rate = 4% + 2.5%
effective unemployment rate = 6.5%
so correct option is C. 6.5
Answer:
The revenue for the month of December would be $25,500.
Explanation:
As per the revenue recognition principle, the revenue is recorded as and when the services are rendered or goods are delivered to the customer.
Cash collected for services provided in November: This won't be recorded as revenue in December as the services were rendered in the month of November. Therefore, it belongs to the month of November and not December.
Provided services on account $24,500 (collected $14,000 only): This would be considered as the revenue earned in the month of December.
Received $2,000 on December 1 and services provided evenly in December and January: The services will be provided evenly in both the months. So, the amount will be recorded as service revenue evenly in both the months. Thus, $1,000 would be recorded as revenue for December and remaining $1,00 as revenue for January.
Therefore, the revenue for December would be = $24,500 + $1,000 = $25,500.
The product development process encompasses all steps needed to take a product from concept to market availability. This includes identifying a market need, researching the competitive landscape, conceptualizing a solution, developing a product roadmap, building a minimum viable product, etc.
