<span>up and coming company that knows its audience, appealing to a more connected customer base. Windwings has managed to stay relevant in this social media age, adapting to a younger audience.</span>
Answer:
1. Deflation
-10%
2. In year 1 - 8 baskets
In year 2 - 8.9 baskets
3. The value of money increases
Explanation:
Deflation is a fall in general price levels. The price fell from $10 to $9. It indicates deflation has occured.
Inflation is a rise in price level.
Annual rate = (current year price - previous year price ) / previous year price
(9 - 10) / 10 = -0.1 = -10%
The annual change is negative because price level fell.
$80 would buy $80/$10 = 8 baskets of goods in year 1
$80 Will buy $80/$9 = 8.9 baskets of goods in year 2.
A fall in price levels increases the value of money because less money can buy the same basket of goods. Therefore, the purchasing power of money increases.
Answer:
B) $1,600
Explanation:
The ending cash surrender = total premiums paid - total amount charged to insurance expense = ($2,000 x 4 years) - ($2,000 + $1,800 + $1,500 + $1,100) = $8,000 - $6,400 = $1,600
In this case, a larger portion of the premiums paid are allocated to investments related to the life insurance.
At the end of the month, Trighton will record <u>$600</u> in warranty expenses.
Expenses is a term used in economics that can be described as the amount that is incurred in making a commodity or a product. These are the basic inputs that the firm has to acquire to maintain a particular product or products.
Trighton anticipates a return of 2% and will have a warranty cost of $100 per trailer. As Victor sold 300 trailers for a total of $255,000, the total cost that would be incurred will be with respect to the anticipated return of 2% on the warranty cost and the number of the visitors or the seller have sold to the customer. Therefore the amount Trighton will record in warranty expenses is calculated as follows;
= 300 x.02 x $100
= $600
Although a part of your question is missing, you might be referring to this question:
Trighton's Trailer Co. sells all kinds of trailers and provides a one-year warranty on all new trailer sales. Based on history, Trighton anticipates that 2% of trailers will be returned and will have a warranty cost of $100 per trailer. During the month, Victor sold 300 trailers for a total of $255,000. At the end of the month, Trighton will record $____________ in warranty expense.
To learn more about warranty expense; click here:
brainly.com/question/14179463
#SPJ4
Answer:
the break even point is 300 cards sold
Explanation:
The computation of the break even point in units is shown below:
= Fixed cost incurred ÷ contribution margin per unit
= $300 ÷ ($2 - $1)
= $300 ÷ ($1)
= 300 cards sold
As we know that the contribution margin per unit is
= Selling price per unit - variable cost per unit
And, the same is to be followed
Hence, the break even point is 300 cards sold