Assume a country has an official inflation rate of 110% per month. What was the annual inflation rate? (Do not round intermediate calculations. Input your answer as a percent rounded to 2 decimal places.)
Annual inflation rate % per year.

Who collects federal taxes? a. irs b. ins c. treasury d. federal reserve

Partnerships are the most common type of business firms in the world. t/f

Diversified semiconductors sells perishable electronic components. some must be shipped and stored in reusable protective containers. customers pay a deposit for each container received. the deposit is equal to the container’s cost. they receive a refund when the container is returned. during 2018, deposits collected on containers shipped were $856,000. deposits are forfeited if containers are not returned within 18 months. containers held by customers at january 1, 2018, represented deposits of $587,000. in 2018, $811,000 was refunded and deposits forfeited were $41,000. required: 1. prepare the appropriate journal entries for the deposits received and returned during 2018. 2. determine the liability for refundable deposits to be reported on the december 31, 2018, balance sheet.