Answer: not, I wouldn't reccomend to borrow from a bank at 18% annual
Explanation: You will pay more, as montlhy interest would be 1.5% and for the 60 days you will pay 3% interest for the loan (18/12*2).
Example:
Price $ 100
with 2% of discount by paying within 10 days would be $98
And if you ask for a loan of $98 (that is the amount you need to pay with the discount) in 60 days you must pay to the bank $100.94 (98*1.03)
Answer:
$22
Explanation:
JL Groomers will maximize its accounting profit while taking to 0 its economic profits when the marginal revenue = marginal costs.
Economic profits are not the same as accounting profits, since they include the opportunity costs of investing the money somewhere else. That is why in the long run firms are not able to make economic profits since as long as they exist, new competitors will enter the market. But on the short run, firms are able to make economic profit, but by doing so, they will not be maximizing their accounting profit.
Economic profit = accounting profit - opportunity costs
Opportunity costs are the extra costs associated or benefits lost from choosing one activity or investment over another one.
The economy is in equilibrium, and the natural and real or actual rates of unemployment will be equal.
In order for an economy to operate at its long-run potential output level, it must be equilibrium, and the economy is balanced in its production. Unemployment is one measure of an economy's equilibrium with the natural and actual rates as two benchmarks rates that must be calibrated towards equilibrium.
Answer:
<em>Deflation</em>
Explanation:
<em>Deflation is the overall decrease in products and services prices when the rate of inflation drops below 0%</em>. it naturally occurs when an economy's money supply is fixed.
The buying power of currency and salaries in moments of deflation is greater than they would have been.
This is different but comparable to <em>price deflation, which is a general price level reduction.</em>
Answer:
Be tailored to the specific needs of an individual decision maker.
Explanation:
A managerial account report is more likely to be tailored to the specific needs of an individual decision maker. This is usually In comparison with a financial statement prepared in conformity with generally accepted accounting principles,
The managerial account lays its focus on specific needs which the decision maker needs.
It doesn't do any of theses;
Focus upon the operating results of the most recently completed accounting period neither does it View the entire organization as the reporting entity.
