Q 6.24: Ray’s Recliners began May with 100 units of the ultimate recliner with a unit cost of $175 in inventory. Relevant information is listed as follows: If Ray’s Recliners uses the LIFO inventory cost flow assumption, what is its gross profit for the month?

Gdp has grown in a country at 3% per year for the last 20 years. the labor force has grown at 2% per year and the quantity of physical capital has grown at 4% per year. a 1% increase in average physical capital per worker (other things equal) raises productivity by 0.3%. average education has not changed. how much has growing physical capital per worker contributed to productivity growth in this country? choose the correct answer from the following choices, and then select the submit answer button. answer choices 0.3% 0.6% 3.0% 6.0%