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frutty [35]
4 years ago
8

You earned​ $30,000 in​ 2009, and your salary rose to​ $80,000 in 2018. If the CPI rose from 82 to 202 between 2009 and​ 2018, w

hich of the following is​ true? A. The purchasing power of your salary fell between 2009 and 2018. B. The purchasing power of your salary increased between 2009 and 2018. C. There was deflation between 2009 and 2018. D. The purchasing power of your salary remained constant between 2009 and 2018.
Business
1 answer:
DiKsa [7]4 years ago
4 0

<u>Answer:</u> Option B The purchasing power of your salary increased between 2009 and 2018.

<u>Explanation:</u>

CPI is the acronym for Consumer Price Index. CPI measures the average change in price of the consumer products and services. This can also be called as inflation. The price level that prevails in the economy can be measured and also the purchasing power of the individuals can also be determined.

As in this case the CPI has increased denoting the inflation in the economy. The purchasing power has also increased due to the rise in the salary from 2009 to 2018.

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At December​ 31, 2018​, Wave Corporation has cash of $ 50 ​million, accounts receivable of $ 19 ​million, and​ long-term assets
Sergeeva-Olga [200]

Answer:

                                            Wave ​Corporation

                          Balance sheet as on December 31 2018

                                                                       $, Million     $, Million

<u>Assets</u>

Non Current Assets

Long-term assets                                                                       43

Current Assets

Cash                                                                     50

Accounts Receivable                                         <u> 19  </u>    

Total Current Assets                                                                 <u>  69 </u>

Total Assets                                                                              <u>  </u><u>112 </u>

<u>Equity and Liabilities</u>

Equity:

Common stock                                                    24

Retained Earnings                                             <u>  35  </u>

Total Equity                                                                                 59

Liabilities:

Non current Liabilities

Long Term Loan note payable                          30

Current Liabilities

Accounts Payable                                               23

Total Liabilities                                                                          <u>  53</u>

Total Equity and Liabilities                                                     <u>  112</u>

4 0
3 years ago
Read 2 more answers
The purpose of a data warehouse is to ________. Select one: a. allow managers to run queries and reports themselves without havi
frosja888 [35]

Answer: (C) Put key business information into the hands of more decision makers    

Explanation:

  The data warehouse is one of the type of data analysis system which is specifically used for analyzing purpose by collecting data from the different types of sources in an organization and then making a proper report for making various types of business related decisions.

  • The data warehouse is refers as the main core component or the element of the business intelligence
  • The main purpose of the data warehouse is to making a important business information in the form of key to the decisions makers so that they can make various types of effective decisions.    

 Therefore, Option (C) is correct answer.

7 0
3 years ago
Your friend is a business owner in a planned economy. In a few sentences, explain how central authority impacts his business.
loris [4]

Answer with Explanation:

A "Centrally Planned Economy" refers to an economy where the government's authority affects the economic decisions of the business owners. This means that the business owners and the consumers do not have a say when it comes to their decisions regarding the supply and demand of the items.

This also means that the business owner cannot decide on what product he will be producing, including its process of production and distribution.

Additional Explanation:

Although the command economy signals a <em>lack of freedom for business owners,</em> it has some advantages as well. It results to <u>low unemployment level.</u> The government has the ability to set the number of workers that the business owners will hire in order to address the unemployment rate. Products and services that will be produced are all directed for <em>the good of the people</em>. It is not "profit-driven."

7 0
4 years ago
Opponents of tax reforms intended to raise saving argue that such reforms a. favor those with high income, and that saving may n
Dafna11 [192]

Answer:

Option B                                

Explanation:

In simple words, under such tax reforms the government is intending to raise indirect taxes which will lead to higher prices of certain goods and is also declining taxes on savings. Both of these steps will work as an incentive for individuals to save more.

However a big majority of community is stating that this will only lead to more burden on the weaker section due to higher prices of commodities and will eventually result in lower standard of living for certain individuals.          

5 0
3 years ago
Secret Prizes Inc. is planning to sell 200 buckets and produce 190 buckets during March. Each bucket requires 500 grams of plast
aivan3 [116]

Answer:

Budgeted direct labour hours

= 0.5 hour x 200 buckets

= 100 hours

Budgeted amount of direct labour

= 100 hours x $15

=  $1,500

Explanation:

There is need to calculate direct labour hour, which is 0.5 hour multiplied by number of buckets budgeted. then, we will determine the budgeted amount of direct labour, which is budgeted direct labour hours multiplied by hourly rate.

7 0
3 years ago
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