Answer:
both blanks can be filled by <u>5%</u>
Explanation:
The quantity theory of money states that there is a proportional relationship between the money supply and the general level of prices. An increase in the money supply will increase the general level of prices in the same proportion (called inflation).
The Fisher equation measures the relationship between nominal and real interest rates. Real interest rate = nominal interest rate - inflation rate.
So if inflation increases, the nominal inflation rate will increase to keep the real interest rate the same.
Answer:
$236,250
Explanation:
The computation of external financing is shown below:-
For computing the external financing first we need to find out the retained earning which is shown below:-
Net income = Sales × Profit margin
= $2,500,000 × 15%
= $375,000
Increase in retained earning = Net income - Dividends
= $375,000 - ($375,000 × 35%)
= $375,000 - $131,250
= $243,750
External financing = Increase in assets - Increase in retained earning
= $480,000 - $243,750
= $236,250
Answer: build traffic.
Explanation:
The pricing model employed by such gas stations is built in a way to drive traffic. traffic is important and has an impact in many ways 1. low traffic can bog your business down at some level.
2. When you increase your traffic along with the quality of the visitors, the better you will be able to increase your sales.
traffic in this context refers to customers the more you are able to pull customers over the more sales you make.
Answer:
$22,780
Explanation:
The computation of the total amount of indirect manufacturing cost incurred is shown below:
= Variable manufacturing overhead + fixed manufacturing overhead
where,
Variable manufacturing overhead = Number of units produced × variable manufacturing overhead per unit
= 4,600 units × $1.30
= $5,980
Fixed manufacturing overhead = Number of units produced and sold × fixed manufacturing overhead per unit
= 5,600 units × $3
= $16,800
So, the total indirect manufacturing cost is
= $5,980 + $16,800
= $22,780
