Suppose in 2010, the producer price index increases by 1.5 percent. As a result, the economists are most likely to predict that the consumer price index will increase in the future.
The producer price index is used in order to measure inflation from the perspective of costs to industry. Thus, the producer price index measures the cost of a group of goods and services which are purchased by firms.
Whereas the consumer price index refers to an average of the prices received by producers of goods and services at all the stages of the production process. Thus, when the producer price index increases by 1.5 percent, this is the indication that consumer price index will increase in the future.
Hence, higher producer prices means that consumers will pay more when they buy.
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The plan you present during the advise phase of your inbound sales strategy closes the gap between where the prospect is now and where they want to be.
Explanation:
Inbound sales is a strategy that gives priority to individual customers ' desires, concerns, priorities and ambitions. Rather, retailers seek to reach customers where they are and direct them through the decision-making process rather than concentrate on closing their transactions as soon as possible.
In that phase you need to paint an image that the current plan of your perspective will not get you where you want to go, and that the plan you are about to present will close the gap between where you want to go and where you are now. In your presentation, what you are doing is to explain how to close this gap.
Answer:
$1,600
Explanation:
Best deals incorporation has a total of 10 units in the ending merchandise inventory on December 31
The units were bought in the month of November at a price of $160 for each unit
The replacement cost of the item is $162
Inventory is always recorded when the cost is low
Therefore, the amount that is to be reported as the merchandise inventory can be calculated as follows
=10 units × $160
= $1,600
Hence the amount reported as the merchandise inventory on the balance sheet is $1,600
Answer:
Nolan Company
Bank Reconciliation
June 30
$
Balance per cash book 22,064
Less: Bank Service charges ( 24)
Add: Error in recording payment ( $ 59- $ 50) 9
Add: Interest earned <u> 27</u>
Adjusted balance per cash book <u> 22,076</u>
Balance per bank statement 22,531
Less: Outstanding checks ( 2,655)
Add; Deposits in Transit <u> 2,200</u>
Adjusted balance per bank statement <u>22,076</u>
Explanation:
The bank service charges and the interest earned appear on the bank statement and has to be adjusted in the cash book balance. The errors found in recording the payment at $ 59 instead of $ 50 results in an overpayment and the correction needs to be added to the cash book balance
the outstanding checks has not yet been cleared by the bank so there is a reduction on the bank statement balance. The deposits in transit has not been received by the bank so needs to be adjusted as an addition on the bank statement balance.
<h2>Leaders using the "authoritarian leadership" are only minimally involved in decision making and encourage group members to make their own decisions.</h2>
Explanation:
- Authoritarian leadership is also called Autocratic leadership.
- They take little inputs from the group and has overall control and decision making power.
- They do not accept advice from others
- They do not trust others and try to rule everyone.
- Most of the team members are not allowed to participate in any of the event and not even the immediate subordinate. Team members work like a robot.
- It often outcomes only adverse effects.
