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2 years ago

Manuel is retired and receives a fixed payment from his pension each month. when there is inflation?

1 answer:

8 0

Manuel is retired and receives a fixed payment from his pension each there is inflation when the buying power of his pension will fall

This is further explained below.

<h3>What is inflation?</h3>

Generally, Inflation refers to the rate at which prices continue to grow during a certain period of time, and the term may also refer to inflation itself. In most cases, inflation is assessed on a broad scale, such as the overall increase in prices or the growth in the cost of living in a particular nation.

To put inflation in its most basic form, it may be thought of as the general upward trend in the prices of goods and services over time. What this implies is that a dollar spent now won't purchase as much in the future. In other words, it will lower your ability to purchase things in the future.

In conclusion, Manuel is now retired and receives a certain amount from his pension on an annual basis. In the event that there is inflation, Manuel will be able to buy a lesser total amount with his pension money.

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DrexlerDrexler had no stock transactions in 20182018, so the change in stockholders' equity for 20182018 was due to net income

erastovalidia [21]

Answer:

Drexler's net income for 2018 was $300,000.

Explanation:

Assuming the following asset and liability figures for Drexler (missing in the question):

On 31 December 2017:

Total assets $330,000

Total liabilities $25,000

On 31 December 2018:

Total assets $560,000

Total liabilities $35,000

Hence, during the year 2018:

Increase in total assets = $560,000 - $330,000 = $230,000

Increase in total liabilities = $35,000 - $25,000 = $10,000

According to the accounting equation:

Capital = Assets - Liabilities

Hence, Change in Capital = Change in Assets - Change in Liabilities

= $230,000 - $10,000

= $220,000

According to the statement of retained earnings:

Change in stockholders' equity (i.e. capital) = Net income - Dividends

$220,000 = Net income - $80,000

Net income = $220,000 + $80,000

Net income = $300,000

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3 years ago

The concept by which pay is distributed based on work produced rather than hours worked was called _______________.

Andrei [34K]

The concept by which pay is distributed based on work produced rather than hours worked was called piece work. Piece work, or output work as it is sometimes called, is the concept that workers are paid for work produced rather than the number of hours worked. Hope this answers the question. Have a nice day.

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3 years ago

Place and convenience are connected by a core linkage. While GoPro was able to get the product into locations where customers co

Serggg [28]

Question Completion with Options:

a. ignore convenience stores in its distribution network.

b. deliver fewer cameras than were needed during a holiday season.

c. miss the customer connection by emphasizing place over convenience.

d. exert too much power in the distribution network.

Answer:

GoPro

production problems forced it to

b. deliver fewer cameras than were needed during a holiday season.

Explanation:

Shortages are avoided by producers as much as possible in order not to cause disequilibrium in the market. Shortages are not the same as scarcity. They are temporary setbacks when the quantity demanded outstrips the quantity supplied at the equilibrium market price. The backlashes result in lost sales and revenue for suppliers. Shortages may clear ways for competitors to enter the market to meet the unsatisfied demand.

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3 years ago

Even as it begins to produce the Mirai for the U.S. market, Toyota continues to manufacture its traditionally fueled cars, truck

Shalnov [3]

Answer:

a. volatility

Explanation:

From the question, we are informed that "Even as it begins to produce the Mirai for the U.S. market, Toyota continues to manufacture its traditionally fueled cars, trucks, and SUVs. In case of Doing this it helps Toyota manage the volatility of industrial demand.

volatility of industrial demand do occur where there is uncertainty as far as demand is concerned in the consumer products , as a result of this most firms to catch up with compitition, growing their sales an lot more , so in this case Toyota still continues to manufacture its traditionally fueled cars, trucks, and SUVs even though there is Mirai for the U.S. market.

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3 years ago

Which of the following is not true regarding Depreciation? Group of answer choices Depreciation allocates the cost of a fixed as

Mariulka [41]

Answer: Depreciation expense reflects the decrease in market value each year.

Explanation:

Depreciation is the decrease in the value of an asset due to the passage of time. Overtime, the value of machineries reduce as a result of usage. Depreciation is therefore the reduction in the value of assets. Depreciation is also the method used tin reallocating the cost of a tangible assets over its useful life span. Firms depreciate assets for accounting and tax purposes. The reduction in the value of an asset has am effect on the balance sheet of an entity.

The answer to the question is the second option. Depreciation does not have anything to do with the market value. Other options are correct except for the second option which states that depreciation expense reflects the decrease in market value each year.

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3 years ago

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