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2 years ago

How would inflation in china affect the competitiveness of its goods in global markets?

1 answer:

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Inflation also influences the ratio of Chinese household debt to gross domestic product (GDP), which jumped to 61.6 per cent last year from 17.9 percent in 2008, a situation made worse by the pandemic.

Business competitiveness:If one country has a much higher rate of inflation than others for a considerable period of time, this will make its exports less price competitive in world markets.

Inflation is a financial risk that investors take on when they invest internationally. While efforts can be made to increase liquidity during times of crisis, inflation can strongly influence bond prices and equities to a lesser degree.

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Bobby consumes only ice cream and cookies and he is spending all of his income. Currently, he is spending his income in such a w

yarga [219]

Answer: (D) buy more ice cream and fewer cookies

Explanation: When a consumer spends all of his income and consumes a bundle of goods such that the marginal utility per dollar from all goods is equal, then the consumer's total utility is maximized. Buying more of ice-cream gives the only combination that gives him the same marginal utility per dollar Bobby spends on cookies as on ice cream.

Marginal utility estimates the added satisfaction a consumer gets from consuming additional units of goods or services. It is used to determine how much of a product consumers are willing to purchase.

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4 years ago

Mar. 29 Received a $30,000, 60-day, 5% note dated March 29 from Karie Platt on account.

dolphi86 [110]

Answer:

Explanation:

Date Description Post. Ref. Debit Credit Assets Liabilities Equity

1 Mar.29 Notes receivable 30000 30000

2 Accounts receivable-Karie Platt 30000 -30000

3 Apr.30 Notes receivable 24000 24000

4 Accounts receivable-Jon Kelly 24000 -24000

5 May.28 Accounts receivable-Karie Platt 30250 30250

6 Notes receivable 30000 -30000

7 Income Summary ($30000 x 5% x 60/360) 250 250

8 Jun.29 Accounts receivable-Jon Kelly 24320 24320

9 Notes receivable 24000 -24000

10 Income Summary ($24000 x 8% x 60/360) 320 320

11 Aug.26 Cash 30855 30855

12 Accounts receivable-Karie Platt 30250 -30250

13 Income Summary ($30250 x 8% x 90/360) 605 605

14 Oct.22 Allowance for Doubtful Accounts 24320 24320

15 Accounts receivable-Jon Kelly 24320 -24320

163745 163745 1175 0 1175

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4 years ago

An aging of a company's accounts receivable indicates that the estimate of uncollectible receivables totals $7,900. If Allowance

ad-work [718]

Answer:

option d) debit to Bad Debt Expense for $7,200

Explanation:

Data provided :

Total estimated uncollectible receivables of the company = $ 7,900

credit balance for the allowance for doubtful accounts = $ 700

Therefore,

the net bad debt expenses of the company = $ 7,900 - $ 700 = $ 7,200

Hence,

the correct answer is option d) debit to Bad Debt Expense for $7,200

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4 years ago

The Cassil National Bank charges its customers $0.50 per transaction for using the ATM machine, if their deposit balance is belo

Anton [14]

Answer:

The correct answer is letter "C": a conditional pricing schedule.

Explanation:

A conditional pricing schedule is a pricing strategy in which what is charged to the customer depends on variable factors such as the size of the purchase or the type of products acquired. In banking, financial institutions tend to use this strategy usually according to the balance account holders have. The higher the balance the higher interest rates they pay to customers or the smaller fees they charge to promote clients have more money in the bank so the financial institutions can use those funds to invest.

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3 years ago

Suppose the risk-free return is 6.6 % and the market portfolio has an expected return of 8.5 % and a standard deviation of 16 %

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johnson & johnson corporation stock has a beta of 0.30. what is its expected return

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3 years ago