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3 years ago

The purchasing power of people with _____ decreases a lot when inflation occurs.

2 answers:

8 0

With fixed incomes, because they will find that the money that they have, when inflation occurs, won't be as worth as much before. The people with rising incomes will rise along with the inflation rates, so they will not feel the effect.

Allisa [31]3 years ago

6 0

The purchasing power of people with fixed incomes decreases a lot when inflation occurs

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Using MACRS rates for a three-, five-, seven-, and ten-year property, what is the percentage for the depreciable rate?

Alexxandr [17]

Hi there
The answer is a
See the attachment for more details

5 0

3 years ago

Use the Internet to research different outside financing sources available to entrepreneurs. You will need to have at least thre

Scrat [10]

Answer:

Three sources of financing to a business includes;

1) Angels (National Angel Capital Organization, NACO)

Wealthy and experienced retired industry leaders, that invest in startups, require transparency, and take charge of the supervision of the business management practices

2) Business Accelerator or Incubators (MaRS; MaRS Discovery District)

An incubator provide enabling environment and resources for startups to develop ideas before going into production

3) Bank Loans (Business Development Bank of Canada, BDC)

Bank provide loans to startup with a good idea and an accompanying excellent business plan, and personal guarantee

Explanation:

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3 years ago

Typically, the average tax rate for a person is ________ his or her marginal tax rate, because the marginal tax rate applies to

creativ13 [48]

Answer:

1. below;

2. the last dollars taxed but not to all income

Explanation:

Given that the average tax rate for individuals is the percentage of income that individuals pay in taxes. While the marginal tax rate applies to a certain part of taxable income, which is usually the last dollar of the income

Hence, Typically, the average tax rate for a person is BELOW his or her marginal tax rate, because the marginal tax rate applies to THE LAST DOLLARS TAXED BUT NOT TO ALL INCOME.

7 0

3 years ago

Using the following information, what is the amount of gross profit?

SIZIF [17.4K]

Answer:

Gross profit= $54,700

Explanation:

Giving the following information:

Purchases $37,000

Merchandise inventory, September 1 6,100

Merchandise inventory, September 30 6,800

Sales 91,000

First, we need to calculate the cost of goods sold:

COGS= beginning finished inventory + cost of goods purchased - ending finished inventory

COGS= 6,100 + 37,000 - 6,800

COGS= $36,300

Now, the gross profit:

Gross profit= sales - COGS

Gross profit= 91,000 - 36,300

Gross profit= $54,700

3 0

3 years ago

Given the following data for Harder Company, compute cost of goods manufactured: Direct materials used $120,000 Beginning work i

il63 [147K]

Answer:

c. $480,000

Explanation:

Cost of goods manufactured $

Direct materials used 120,000

Direct labor 200,000

Manufacturing overhead 150,000

Beginning work in process 20,000

Ending work in process 10,000

Cost of goods manufactured 480,000

So, Correct option is c. $480,000

4 0

3 years ago