What were the results of Brazil’s decision to put education second to its economy from the 1600s to 1990? i. Most Brazilians belong to a highly educated work force.
ii. Brazil’s GDP per capita is estimated to be around $23,000.
iii. Child labor is important to Brazil’s economy and to individual families.
iv. The average amount of years a child attended school in Brazil in the 1990s was 4.4.

The following legal claims exist for m. finger co. identify the accounting treatment for each claim as either (a) a liability that is recorded or (b) an item described in notes to its financial statements. 1. m. finger (defendant) estimates that a pending lawsuit could result in damages of $1,250,000; it is reasonably possible that the plaintiff will win the case. an item described in notes to its financial statements. a liability that is recorded. 2. m. finger faces a probable loss on a pending lawsuit; the amount is not reasonably estimable. a liability that is recorded. an item described in notes to its financial statements. 3. m. finger estimates damages in a case at $3,500,000 with a high probability of losing the case. an item described in notes to its financial statements. a liability that is recorded. the amount that m. finger co. should record in its accounting records related to these suits is: