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3 years ago

Inflation is a sustained rise in the general level of prices of goods and services.

Business

2 answers:

Mice21 [21]3 years ago

6 0

Answer:

"Inflation: a general increase in prices and fall in the purchasing value of money. "

there's the definition.

Ivanshal [37]3 years ago

5 0

Answer:

The correct answer is True.

Explanation:

Inflation is a way of measuring the rate of a certain product or service increases over a certain period of time, which can be a month, a year, etc.

In inflation,<u> the currency of a country is devalued</u>, that is, the currency loses value. You don't buy the same with 10 dollars today, what you bought with that money ten years ago, and this is caused by inflation.

When inflation occurs the currency of a country decreases its value and this is expressed through a percentage that impacts the cost that products and services will have.

For example, suppose that the rate of a product that today costs 5 dollars is 4% per year. Then said product next year will cost 4% more. This means that the product will cost 5.20 dollars.

Therefore, the correct answer is Inflation is a sustained rise in the general level of prices of goods and services.

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On monday, foster deposits in his account at guaranty bank a local check for $500. after 5:00 p.m. on friday, from these funds,

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You can withdraw $ 200 the very next business day and rest of the remaining $ 300 on the second business day from the date of deposition of the check. On friday foster can withdraw the whole of the amount no more than deposited on monday that is $500.

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2 years ago

If an investor thinks that a stock's expected return exceeds its required return, the investor should _____.

Tamiku [17]

Answer:

Buy the stock because it is underpriced and investor will make money in the near future.

Explanation:

Required rate of return is defined as the estimated return am investor wants to gain for taking on a certain amount of risk when investing in securities.

The higher the risk the higher the required rate of return.

If the expected rate of return exceeds the required rate of return then the investor will consider the share underpriced and experiencing supernormal growth.

For example if a stock has required rate of return as 10% and expected rate of return as 15%, it means that the stock will perform above its peer stock in the market and the price will rise in the future.

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3 years ago

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Soy Products (Upper KSP) buys soybeans and processes them into other soy products. Each ton of soybeans that Upper KSP purchas

galben [10]

Answer:

See attachment for 1 and 2

Explanation:

Number 2 (continuation)

ISP should process the soy meal into soy cookies because that increases profit by $263. However, ISP should sell the soy oil as is, without processing it into the form of Soyola, because profit will be $56 higher if they do. Since the total joint cost is the same under both allocation methods, it is not a relevant cost to the decision to sell at splitoff or process further.

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3 years ago

Izzy Ice Cream has the following price and cost information: Price per 2-scoop sundae $ 5.00 Variable cost per sundae: Ingredien

kompoz [17]

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

Price per 2-scoop sundae $ 5.00

Variable cost per sundae:

Ingredients 1.35

Direct labor 0.45

Overhead 0.20

Total variable cost= $2

Fixed cost per month $ 5,100

1. Determine Izzy’s break-even point in units and sales dollars.

Break-even point (units)= fixed costs/ contribution margin

Break-even point (units)= 5,100/ (5 - 2)= 1,700 units

Break-even point (dollars)= fixed costs/ contribution margin ratio

Break-even point (dollars)= 5,100/ (3/5)=$8,500

2. Determine how many sundaes must be sold to generate a profit of $10,200.

Break-even point (units)= (fixed costs + profit)/ contribution margin

Break-even point (units)= (5,100+ 10,200) / 3= 5,100 units

3. a. Sales price decreases by $0.50.

Break-even point (units)= 5,100/ (4.5 - 2)= 2,040 units

b. Fixed costs decrease by $300 per month.

Break-even point (units)= 4,800/3= 1,600 units

c. Variable costs increase by $0.50 per sundae.

Break-even point (units)= 5,100/ (5 - 2.5)=2,040 units

4. How many sundaes must Izzy sell to generate a profit of $24,000, if sales price increases by $0.50 and variable costs increase by $0.30

Break-even point (units)= (5,100 + 24,000) / (5.5 - 2.3)= 9,094 units

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3 years ago