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3 years ago

Unexpectedly high inflation tends to hurt ________ most

1 answer:

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Unexpectedly high inflation tends to hurt lenders the most. When lenders lend money, it is valuable , but the amount of money that must be returned to him/her is fixed. Over time, the value of the money keeps depreciating and finally when the borrower does return the money, the value decreases to a very small amount, which is not worth much. For example, let's say a borrower borrows money from a lender to buy a car. With time, the value of money depreciated so much that when the borrower finally returns the money, the same amount of money is not even worth buying a box a matches!

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To raise operating funds, Signal Aviation sold an airplane on January 1, 2018, to a finance company for $770,000. Signal immedia

liraira [26]

Answer:

Value of the lease = Annual lease payments * PVAD (11%, 13)

Value of the lease = $102,771 * 7.492236

Value of the lease = $770,000

Date Account Titles and Explanation Debit$ Credit$

Jan. 1 Leased Asset - Airplane 770000

Lease Liability 770000

Jan. 1 Lease Liability 102771

Cash 102771

Dec. 31 Interest Expense 73395

($770,000 - $102,771) x 11%

Interest Payable 73395

Dec 31. Depreciation Expenses 40,000

(600,000/15 years)

Accumulated Depreciation 40,000

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3 years ago

In the United States, ownership of intellectual property rights is established by "prior use versus registration" which implies

timurjin [86]

Answer:

D. prove the ownership of a trademark in a court of law

Explanation:

The intellectual property laws in the united states is under the Federal laws and are directly followed by the constitution for the copywriter and the patents and only the federal govt has the power to make laws and the ability to regulate commerce.

3 0

3 years ago

Advertising for Abercrombie and Fitch uses overt sexuality to sell clothes. Ads for Abercrombie, the pre-teen sizes, are only mo

madam [21]

Answer:

The correct answer is C. firm to the environment.

Explanation:

Currently, when a company begins its usual operations and the one that it will play day by day throughout its existence, it cannot leave aside knowing the role of its company, the environment in which it develops its function as a company or its operation with the environment , and it is essential that the company meets the social responsibility to which it is obliged.

It should always be taken into consideration that the life of the human being is greatly influenced and affected by the environment that surrounds it, so that the proper development and even its survival, depends entirely on the relationship between the company and The environment around us. And as with a coin, which has two sides, exactly the same thing happens between business and environment relationships, since on the one hand our environment provides us with the energy and resources we need to take advantage of them in Our business operations.

While on the other hand, man is also exposed to the possible aggressions that occur in the environment, as in the case of floods, pests, diseases, inclement weather or deprivation of resources, between others. The problem with this is that in our current society, the more it produces the more resources are needed, and the more it consumes the more waste and garbage is generated.

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3 years ago

Kevin purchases 1,000 shares of Bluebird Corporation stock on October 3, 2020, for $115,000. On December 12, 2020, Kevin purchas

salantis [7]

Answer:a)$195,500 b) $10,735 c)$6,900

Explanation

a)adjusted basis of Kevin’s Bluebird stock on December 31, 2020?

1,000 shares was bought for $115,000

Therefore it was bought at $115 per share

Also

750 shares was bought at $80,500 and therefore bought at 107.33 per share

So in total of 1750 shares, He spent $195,500 ($115,000+ $80,500)

b.On December 12, 2020,he bought shares at 107.33 per share

500 shares would be 500 x $107.33=$53, 665

Therefore, Kevin’s recognized gain or loss from the’ sale of Bluebird stock on March 1, 2021 would be

$64,400- $53, 665 = $10,735

c.Assuming he cannot identify the shares sold, then we can say they are sold on a FIFO ( first in first out) basis. So we would consider the shares bought on October 3, 2020

so we have that

500 x $115=$57,500

$64,400 - $57,500 = $6,900

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3 years ago

Tuity Fruity Beverage Company's operating activities for the year are listed below. Purchases $140 comma 700 Operating expense

blsea [12.9K]

Answer:

The cost of goods sold for the year is $134,300

Explanation:

The cost of goods sold for the year = Beginning inventory + Merchandise Purchased - Ending inventory

Tuity Fruity Beverage Company's purchases $140 comma 700 and has beginning inventory 12 comma 600, ending inventory 19 comma 000.

Therefore:

The cost of goods sold for the year = $12,600 + $140,700 - $19,000 = $134,300

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3 years ago