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3 years ago

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During a certain six-year period, the consumer price index (CPI) increased by 50%. But during the next six-year period, it incre

ased by only 30%. Which of these conditions must have existed during the second six-year period?

2 answers:

Westkost [7]3 years ago

7 0

The answer is Inflation

SVEN [57.7K]3 years ago

7 0

Answer:

Apex = Inflation

Explanation:

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Imagine you take a shopping trip to a flea market, and you are looking for an old record player. You know the typical antique re

Sergeu [11.5K]

The best explanation of how the principle of demand and supply has affected the price of the record player is:

Because there are several vending booths in the same area selling the same item, there would be a reduction in price to attract more customers.

<h3>What is Demand?</h3>

This refers to the quantity of goods which are requested by consumers at a particular time period which has an effect in the price of the good.

With this in mind, the principle of demand and supply was in effect as in the flea market, there was a reduction in price of an old record player because there was a lot of the goods in a location.

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2 years ago

Which subjects does the Aspire test assess?

Nikolay [14]

Answer:

five subject areas: English, mathematics, reading, science, and writing

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3 years ago

BE18.8 (LO 2) Presented below are three revenue recognition situations. a. Groupo sells goods to MTN for $1,000,000, payment due

dem82 [27]

Answer:

a. Groupo sells goods to MTN for $1,000,000, payment due at delivery.

transaction price = $1,000,000
revenue recognized once the goods are delivered

No journal entry is required until goods are delivered and accepted.

b. Groupo sells goods on account to Grifols for $800,000, payment due in 30 days.

transaction price = $800,000
revenue recognized immediately since goods were already delivered

The journal entry:

Dr Accounts receivable 800,000

Cr Sales revenue 800,000

c. Groupo sells goods to Magnus for $500,000, payment due in two installments, the first installment payable in 18 months and the second payment due 6 months later. The present value of the future payments is $464,000.

transaction price = $480,000
revenue recognized immediately since goods were already delivered

The journal entry:

Dr Notes receivable 500,000

Cr Sales revenue 480,000

Cr Discount on notes receivable 20,000

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3 years ago

A $63,000 machine with a 7-year class life was purchased 2 years ago. The machine will now be sold for $50,000 and replaced with

Free_Kalibri [48]

The incremental annual cash flow associated with the project is $12400

<h3>What is incremental annual?</h3>

Sales resulting from a higher volume of sales are known as incremental revenue. Establishing a baseline revenue level and comparing changes from that point onwards is required to calculate incremental revenue.

<h3>According to the given information :</h3>

Depreciation=[($63,000/7 years)-($75,000/5 years)

Depreciation=$9000-$15000

Depreciation=$6000

Now let calculate the Incremental annual cash flow

Incremental annual cash flow

={($16000-$6000) - [($16000-$6000)*34%]+$6000}

= {(10000)- [10000*34%]+6000}

= {(10000) - 3600+6000}

= {16000-3600}

= $12400

Incremental annual cash flow=$12400

Therefore the incremental annual cash flow associated with the project is $12400

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2 years ago

A registered investment adviser often recommends real estate limited partnership investments to her wealthy clients. The RIA's p

Levart [38]

Answer:

B.Her actions are inconsistent with the advice being given to her clients and this must be disclosed

Explanation:

A registered investment adviser often recommends real estate limited partnership investments to her wealthy clients. The RIA's personal financial statement and income are consistent with those of her wealthy clients, yet she never buys limited partnership units for her personal account. Which statement is TRUE

A real estate limited partnership (RELP) is a group of investors who pool their financial resources to invest in property purchasing, development, or leasing. Under its limited partnership status, This form of partnership has a general partner who bears full liability and limited partners who are predispose only up to the amount they contribute

The registered investment adviser does not practice what she teaches. She might just be in the profession for the money. She might also understand the risk associated with the real estate limited partnership investments and hence would want to be risk averse herself. she should let her clients know the nitty gritty of the partnership and put a disclaimer across to them

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3 years ago