Answer:
$7million understated
Explanation:
Based on the information given the effect on 20x8 COST OF GOODS SOLD will be UNDERSTATED by $7 million reasons been that since the OPENING INVENTORY IS UNDERSTATED by $7 million which means that the COST OF GOODS SOLD will as well be UNDERSTATED by the same amount based on the fact that opening inventory adds to Cost of goods sold.
Based on a historical perspective the one argument made for the construction of the Panama Canal is that "<u>it would allow ships to move swiftly from the Atlantic and the pacific in the event of a war."</u>
<h3>The Construction of Panama Canal.</h3>
The construction of the Panama canal was done in 1914 and covers about 82 km of waterway in Panama that connects the Atlantic Ocean with the Pacific Ocean and splits up North and South America.
The Panama Canal construction was essential for the political economy of the United States it cuts across the Isthmus of Panama which serves as a conduit for maritime trade.
There are various reasons or arguments for the construction of the Panama canal.
<h3>The reasons for building the Panama canal are</h3>
- It would prevent warfare among competing countries
- It would lessen the distance, cost, and time it took for ships to carry cargo between the Atlantic and the Pacific Oceans
- It would eliminate the danger of earthquakes in Nicaragua.
Hence, in this case, it is concluded that the correct answer is "<u>it would allow ships to move swiftly from the Atlantic and the pacific in the event of a war."</u>
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Answer:
Joining a Meetup group in your area allows you to pitch your products.
Explanation:
Such meet up enable one to showcase products to be sold, hence; pitch ones products
This increases the chances of increase in sales as wider customers would be met, thus; maximizes ones profit
The kind of interest in the land did grandpa give to sue is Easement appurtenant.
<h3>
What is interest?</h3>
"Interest in land" refers ownership right of any individual in their property. A right over a piece of real estate is referred to as an interest in land.
A registered proprietor tenement and dominating tenement estates are connected together in an easement appurtenant.This right of property entitles the possessor to use adjacent land.
This real estate goes with the land when you sell it. The land parcel that benefits from the easement is known as the dominant tenement, whereas the land parcel that supplies the easement is known as the servient tenement.
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Answer:
$10,025
Explanation:
The change in raw material account balance at the start of a period and at the end of the period is as a result of 2 factor namely; use and purchases.
While use will result in a decrease in the account balance, purchases will cause an increase. This may be expressed mathematically as
Opening balance + purchases - use = closing balance
$500 + $10,250 - G = $725
where G represents the cost of the materials used during the period
G = $500 + $10,250 - $725
= $10,025