All categories

3 years ago

Whom does inflation hurt the most?

Business

1 answer:

mart [117]3 years ago

7 0

Answer:

consumers

Explanation:

Inflation is the losing buying power of money through time. If a consumer is paying 5∈ for a milk carton in 2019 with an inflation of 3% for 2020 the same milk carton will cost 5∈ and 15 cents. At the end inflation of prices is always paid by consumers

You might be interested in

Sales-Value-at-Split-off Method Alomar Company manufactures four products from a joint production process: barlon, selene, plice

julia-pushkina [17]

Answer:

Alomar Company

Allocation of Joint Costs:

Barlon = $10,270

Selene = $25,431

Plicene = $31,789

Corsol = $59,910

Total = $127,400

Explanation:

a) Data and Calculations:

Joint costs:

Direct materials $67,900

Direct labor 34,000

Overhead 25,500

Total joint costs $127,400

Joint Products Barlon Selene Plicene Corsol Total

Batch output units 1,400 2,600 2,500 3,500 10,000

Selling price per unit $15 $20 $26 $35

Sales value $21,000 $52,000 $65,000 $122,500 $260,500

Allocation of Joint Costs:

Barlon = $10,270 ($21,000/$260,500* $127,400)

Selene = $25,431 ($52,000/$260,500* $127,400)

Plicene = $31,789 ($65,000/$260,500* $127,400)

Corsol = $59,910 ($122,500/$260,500* $127,400)

8 0

3 years ago

Silver Enterprises has acquired All Gold Mining in a merger transaction. The following balance sheets represent the premerger bo

Keith_Richards [23]

Answer:

See below

Explanation:

Silver Enterprises

Post Manager Balance sheet

Current assets

$11,480

Other assets

$3,120

Goodwill

$6,790

Net fixed assets

$21,890

Current liabilities

$6,940

Longterm debt

$17,130

Equity

$18,650

Current assets = $9,200 + $2,280 = $11,480

Other assets = $2,300 + $820 = $3,120

Current liabilities = $4,960 + $1,980 = $6,940

Net fixed assets = $16,500 + $5,390 = $21,890

Long term debt = $4,390 + $12,740 = $17,130

Equity = $18,650

8 0

3 years ago

A security with normally distributed returns has an annual expected return of 18% and standard deviation of 23%. The probability

timurjin [86]

Answer:

$95.45%

Explanation:

The computation of the probability of getting a return between -28% and 64% in any one year is shown below:-

Particulars Percentage

Total probability 100%

Less:

Probability that return will be lower

than -28% 2.28%

1- (NORMDIST (-28%,18%,23%,TRUE)

Probability that return will be More

than 64% 2.28%

(NORMDIST (64%,18%,23%,TRUE)

Probability of getting a return between

-28% and 64% $95.45%

6 0

4 years ago

Exercise 14-37 Special Order (LO 14-4, 14-5) [The following information applies to the questions displayed below.] Intercontinen

FromTheMoon [43]

Answer:

the relevant cost will also include the differential cost for taking the order as it is related to the order being taken or not.

Explanation:

The product is regularly used therefore, it will be sold in the future.

addtional inventory cost:

6,600 x (9.80 - 9.40) = 2,640

Cost of good sold

1,300 x 9.20 = 11,960

<u><em>Total cost for the order 14,600</em></u>

5 0

4 years ago

candace contributes $3,000 a year to her 401(k) plan. Her employer matches it with a 3,000 annual matching contribution. how muc

a_sh-v [17]

Answer:

Explanation:

73937>6877%=86387$

7 0

3 years ago