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3 years ago

Which of the following is not a disadvantage to inflation targeting?

Business

1 answer:

Irina18 [472]3 years ago

5 0

Answer:

D is the correct option

Explanation:

Enhancement of transparency and reduction of price variability are the two advantages of the inflation targeting. Inflation targeting allows the central bank to maintain low inflation. Low inflation promotes long term growth. Enhanced financial growth and reduction in relative price availability are other benefits of inflation targeting. With inflation-targeting central banks can set long term inflation objectives. Increasing accountability and transparency in monetary policy are other benefits. It also helps to predict inflation maintain price stability

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Savannah Factory applies manufacturing overhead based on direct labor cost. Information concerning manufacturing overhead and la

vfiekz [6]

Answer:

$179,950

Explanation:

For determining the overhead applied first we have to find the predetermined overhead rate based on the estimated cost which is shown below:

Predetermined overhead rate is

= Estimated overhead cost ÷ estimated direct labor cost

= $174,000 ÷ $87,000

= $2

Now the applied overhead is

= Predetermined overhead rate × actual direct labor cost

= $2 × $89,975

= $179,950

We simply applied the above formula so that the overhead applied could come

6 0

3 years ago

The increased ability to communicate and travel around the world has led to a phenomenon known as _________, where companies exp

Anarel [89]

A) globalization

Hope this helped!

3 0

3 years ago

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Newman Finley wishes to become a millionaire. His money market fund has a balance of $296,375 and has a guaranteed interest rate

Rus_ich [418]

Answer:

Investment period = 24 years

Explanation:

The total amount that an investment made today would become if invested at a particular rate for certain number of years is known as the future value.

The $1,200,000 is the desired future value, the $296, 375 is the present value and the 6% is the interest rate.

FV = PV × (1+r)^n

1,200,000 = 296,375 × (1.06)^(n)

(1.06)^(n) = 1200000/96,375

(1.06)^(n) =4.048924504

find the log of both sides

n log 1.06= log 4.048924504

n= log 4.048924504/log 1.06

n = 24

It will take 24 years

3 0

3 years ago

The following totals for the month of June were taken from the payroll records of Seminole Company: Salaries, $100,000 FICA taxe

tekilochka [14]

Answer:

Given that,

Salaries = $100,000

FICA taxes withheld = $7,650

Income taxes withheld = $18,000

Federal unemployment taxes = $450

State unemployment taxes = $2,100

Therefore,

Payroll Tax Expense:

= FICA taxes withheld + Federal unemployment taxes + State unemployment taxes

= $7,650 + $450 + $2,100

= $10,200

The journal entry is as follows:

Payroll Tax Expense A/c Dr. $10,200

To FICA taxes withheld $7,650

To Federal unemployment taxes $450

To State unemployment taxes $2,100

(To record accrual of employer’s payroll taxes)

6 0

3 years ago

A food handler's duties regarding food safety include all of the following practices EXCEPT: Prevention of food contamination Pe

katen-ka-za [31]

The answer to your question is,

Periodically test food for illness causing microorganisms.

-Mabel <3

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3 years ago

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