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Fed [463]
3 years ago
12

Carlos manages a grocery store in a country experiencing a high rate of inflation. he is paid in cash twice per month. on payday

, he immediately goes out and buys all the goods he will need over the next two weeks in order to prevent the money in his wallet from losing value. what he can't spend, he converts into a more stable foreign currency for a steep fee. this is an example of the of inflation.
Business
2 answers:
Lisa [10]3 years ago
7 0

Answer:

This is an example of the shoe leather cost

Explanation:

The shoe leather cost refers to the cost of the time and effort put to reduce the amount of cash to avoid losing the value of the money when there is a high inflation. In these circumstances, people try to buy things immediately or change the money to another currency as quick as possible because as time passes the currency loses its value and this is what Carlos is experiencing.

Luda [366]3 years ago
4 0

This is an example of the Shoe-leather effect of inflation

Explanation: Here Carols faces a lot of inconvenience in minimizing the cash holdings he has in the fear of it losing its value in the long term. So, he pays a steep fee to convert which we can call as shoe leather costs.

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Vanik Corporation currently has two divisions which had the following operating results for last year: Cork Division Rubber Divi
Crank

Answer:

$20,000

Explanation:

If the Rubber Division was dropped at the beginning of last year, the financial advantage (disadvantage) to the company for the year would have been: the segment's margin of $20,000

The president considering the elimination of this division is not advisable. As long as none of the allocated common corporate fixed costs could be avoided, If the Rubber Division was dropped at the beginning of last year, the financial disadvantage to the company for the year would have been it's contributed margin that went towards off-setting corporate fixed costs.

Furthermore, if this segment is closed, it would affect the Cork division because it would be reporting a lower net operating income of $90,000 as a result of bearing all the corporate costs alone.

 

3 0
3 years ago
The main reason people save during their working years is: a. a preference toward matching income with spending over time. b. a
FrozenT [24]

Answer: The correct answer is "d. a preference toward a smooth consumption path over time.".

Explanation: The main reason people save during their working years is a preference toward a smooth consumption path over time since they prefer to consume what is just and necessary so that in the future, even if they are affected by different circumstances, they can continue to maintain the same standard of living and / or consumption.

6 0
3 years ago
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What is a major difference between the world trade organization (wto) and the world bank?
Murrr4er [49]

The World Trade Organization (WTO) is the global international organization that deals with trade rules between different nations. The World Bank handles all financial assitance with developing countries around the world. Though they both help different nations, one handles the trade between nations and the other handles financial monetary assets.

8 0
3 years ago
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Key indicators of the growing importance of sustainability in managing an organization include .
anzhelika [568]

Key indicators of the growing importance of sustainability in managing an organization include:

  • Shareholder pressure on corporations
  • worldwide safety issues
  • climate change

The definition of employer refers to the act of placing matters right into a logical order or the act of taking a green and orderly approach to obligations, or a group of humans who've officially come collectively. When you ease up your desk and document all of your papers into logical spots, this is an instance of organization.

Three styles of groups describe the organizational systems which can be used by maximum organizations today: useful, departmental, and matrix. every of those forms has benefits and drawbacks that owners need to consider before finding out which one to enforce for his or her commercial enterprise.

You may grow your productiveness. By preserving prepared, you may keep time seeking out things and could have more time to paintings on critical tasks. As corporation can improve the glide of conversation between you and your crew, you can additionally make your group greater effective.

Learn more about organizations here brainly.com/question/1190099

#SPJ4

6 0
2 years ago
HELP
stepladder [879]

Answer:

What is the article tho? U can take a picture of the article and send it here so I can try and help you

5 0
3 years ago
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