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snow_tiger [21]
1 year ago
9

The relationship between increasing prices and decreasing money value is called

Business
2 answers:
Lana71 [14]1 year ago
6 0

Answer:

Inflation occurs when prices rise across the economy, decreasing the purchasing power of your money.

Explanation:

Can I please get on the brainlist

aleksley [76]1 year ago
4 0
Inflation because that’s when the worth of money comes down since there are so many and the prices start to go up
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The financial statements of Weston Office Supply include the following​ items:20172016Cash​ $43,500​ $50,000Shortminus−term Inve
aivan3 [116]

Answer:

The current ratio is 1.18 times

Explanation:

Current Ratio: The current ratio is that ratio which shows a relationship between the current assets and the current liabilities

The computation of the current ratio is shown below

Current ratio = Total Current assets ÷ total current liabilities

where,

Total current assets = Cash + short-term investments + net accounts receivable + merchandise inventory

=  $43,500 + $27,000 + $102,000 + $125,000

= $297,500

And, the total current liabilities is $251,000

Now put these values to the above formula  

So, the ratio would equal to

= $297,500 ÷ $251,000

= 1.18 times

The long term note payable is not a current liabilities,hence it is not considered in the computation part.

6 0
3 years ago
A company orders office supplies in June. Those supplies are received and used in July. The supplies are paid for in August. In
Leviafan [203]

Answer:

Expense must be recognized in July

Explanation:

The reason is that the expense must be recognized in the month in which the supplies are used because the accrual concept says that the expenses must be realized when they are incurred. Incurred means that the consideration received has been used. For example if I pay the telecommunication network in June to give 4G internet and the services are delivered in the month July then the expenses will be realized in the month in which the services were used and that is July for internet facilities. So in this case the supplies are used in the month of July which is in-accordance with the accrual concept.

8 0
2 years ago
What was seen as a sign of the most power and influence among European nations? industrialism imperialism nationalism militarism
dexar [7]

The thing which was seen as a <em>sign </em>of the most power and influence among European nations was imperialism as this was seen as an important factor because the<em> European nations </em>wanted to extend their influence to other places.

As a result of this, we can see that imperialism as a term is the use of military force or other means to gain control over a group of people on their land and rule over them.

This was seen as a sign of great power among the European nations as this was a good advantage as they were able to exploit the resources of the lands which they had conquered.

Read more about imperialism here:

brainly.com/question/3999787

6 0
2 years ago
Some large hardware stores such as home depot boast of carrying as many as 20,000 different products in each store. this volume
Luda [366]

True, because producer decisions are motivated by the attempt to earn profits.18. Consider the following statement: “Competition is the disciplinarian of the market economy.”This statement istrue, because when producers face competition they are driven to provide goods and services at the lowest possible cost.19. Some large hardware stores such as Home Depot boast of carrying as many as 20,000 different products in each store. This volume of goods is the result ofthe choice of consumers regarding what to purchase to satisfy their wants and the choice of producers regarding what to produce to maximize profits.

5 0
2 years ago
A $150,000 loan is to be amortized over 7 years, with annual end-of-year payments. Which of these statements is CORRECT? a. The
Schach [20]

Answer:

The proportion of each payment that represents interest versus repayment of principal would be higher if the interest rate were higher

Explanation:

Amount of interest component in a loan instalment will be higher as compared with principal amount in the initial period of repayment . As period lapses , interest amount reduces progressively and principal amount increases . When the tenure of loan is increased , proportion  of interest increases in an instalment .

3 0
2 years ago
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