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2 years ago

What is the inflation rate between 2013 and 2014 assuming 2011 is the base year 8 lbs of broccoli 5 lbs of peas?

1 answer:

7 0

Assuming 2011 is the base year, the inflation rate for 2013-2014 is 8 pounds of broccoli, 5 pounds of peas, 4 pounds of carrots, and nothing else.

High inflation is generally seen as harmful, but some economists believe low inflation will boost economic growth. The opposite of inflation is deflation, where prices tend to fall. The Federal Reserve is targeting 2% inflation based on the Consumer Price Index (CPI).

A general price increase over time reduces the purchasing power of consumers as they can reduce their consumption for a given amount. The consumer loses purchasing power regardless of whether inflation is his 2% or 4%. They just lose it twice as fast at a higher rate.

Annual inflation in May was 8.6%, the highest since 1981 as measured by the Consumer Price Index, according to the latest Bureau of Labor Statistics report.

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When retained earnings are not enough to meet their long-term funding needs, businesses may be able to raise funds by?

sergij07 [2.7K]

When retained earnings are not enough to meet their long-term funding needs, businesses may be able to raise funds by <u>selling common stock</u>. Long-term funding can be defined as any financial tool with maturity going beyond one year (such as bank loans, bonds, leasing and other forms of debt finance), and public and private equity instruments.

<h3>What is a retained earnings?</h3>

Retained earnings are the total of profit an establishment has left over after paying all its direct costs, indirect costs, income taxes and its dividends to shareholders.

Therefore, the correct answer is as given above

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8 0

2 years ago

Assume the company is considering a reduction in the selling price by $10 per unit and an increase in advertising budget by $5,0

koban [17]

Answer:

Explanation:

New selling price = $110 - $10

= $100

New sales level = 1,000 units x 150%

= 1,500 units

Net operating income = 1,500 units × Selling price of $100 per unit - 1,500 units × variable expense of $60 per unit - $30,000 + $5,000

= $25,000

Therefore, the net operating income after the changes is $25,000.

7 0

3 years ago

Jennifer sees herself as a loving, caring mother and wife. She also sees herself as an accomplished professional. Finally, she s

Whitepunk [10]

The totality of Jennifer's thoughts and feelings about herself can be defined as a self-concept, which is based on her belief about herself and the responses of other individuals.

<h3 /><h3>What is the relevance of self-concept?</h3>

It helps in the formation of personality and behaviors based on self-esteem and life experiences to form your belief about yourself, being a motivational factor for positive or negative behaviors.

Therefore, through identity, body image, self-esteem and their role in society, an individual is able to form their self-concept.

The correct answer is:

C. Self-concept

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3 0

2 years ago

Variable and absorption costing and breakeven points. Camino, a leading firm in the sports industry, produces basketballs for th

Vlad1618 [11]

Answer:

1 VARIABLE COSTING ABSORPTTION THROUGHPUT

sales 4800000 4800000 4800000

opening stock 0 0 0

produced 2940000 3320000 1260000

closing 140000 158095.24 60000

cost of sales 2800000 3161904.762 1200000

contribution 2000000 1638095.238 3600000

direct labour 1680000

fixed cost

admin 660000 660000 660000

manufacturing 380000 380000

net income 960000 978095.2381 880000

2. variable absorption throughput

breakeven $218,487 $160,976 121353.5589

3. units to be sold 145000 87640.44944 332000

Explanation:

UNIT COST 7 7.90 3

material 3 3 3

labor 4 4

fixed cost 0.90

produced units

opening 0 0 0

produced 420000 420000 420000

closing 20000 20000 20000

sold 400000 400000 400000

breakeven = fixed cost / contribution per unit

3. change in unit cost

variable absorption throughput

material 4 4 4

labour 4 4

fixed cost 0.9

unit cost 8 8.9 4

sales

opening stock

produced

closing

cost of sales

contribution 1160000 780000 1328000

direct labour 168000

fixed cost

admin 660000 660000 660000

manufacturing 380000 380000

net income 120000 120000 120000

to get the amounts for the closing stock, opening stock, produced and sold we multiply by unit cost

to get produced units we take sold stock plus closing stock less openning stock

to get the units that must be sold to make net income of 120 000

we do bottom up approach and can stop at contribution then divide it by contribution per unit.

3 0

4 years ago

Which person is living within their means?

Sloan [31]

Answer: D

Explanation: I just took the test

6 0

2 years ago