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gtnhenbr [62]
3 years ago
6

1. How does excessive money in the economy lead to inflation?

Business
1 answer:
mr_godi [17]3 years ago
4 0
<span>Inflation is a general increase in prices and fall in the purchasing value of money. If money becomes too common, the price of goods will increase, but the worth of the money will drastically decrease. This causes large conflict in communities. 

Hope I helped, have a great day! 
Please award branliest!<333</span>
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Spree Company sold $769,300 of goods during the year at a cost of goods sold of $548,600. Inventory was $31,283 at the beginning
Zarrin [17]

Answer:

16.42

Explanation:

Data provided in the question:

Cost of goods sold =  $548,600

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Ending inventory of the year = $35,538

Now,

the Inventory turnover ratio is calculated as;

⇒ ( Cost of goods sold ) ÷ ( Average inventory of the year )

Also,

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