Answer:
This is an example of expertise
Explanation:
Expertise can be seen with the wide range of knowlege. Expertise can be seen in how the knowlege is applied as well.
Answer:
Winners
- 3rd National, a bank that loaned many people money for home purchases.
Losers
- Karen, a retired school teacher that relies upon her fixed pension to pay for her expenses.
- Herb, who keeps his savings in an old coffee can.
- Joy, who has borrowed $40,000 to pay her college education.
- The US federal government which had almost $15 trillion in debt in 2011.
Explanation:
When unexpected inflation occurs, the usual plan to by Monetary Institutions of a country is raising the interest rates.
By doing that, they want to stop it or slowly decelerate it.
So that it becomes more expensive to take a loan, the idea is to reduce consumption.
In Economics, it's a bad scenario after all. Few winners. Many losers.
So, let's examine them
Winners
- 3rd National, a bank that loaned many people money for home purchases.
At first, The 3rd National is going to be winning since the value of the debt will rise, depending on the type of contract and an increase in the interest rate will demand corrections on the monthly payments. But on the other hand, the number of default clients and overdue installments will raise for sure.
Losers
- Karen, a retired school teacher that relies upon her fixed pension to pay for her expenses.
Inflation reduces the real buying value of her checks. And her pension can't grow otherwise this will feed the inflation too.
- Herb, who keeps his savings in an old coffee can.
Since his money is not invested then He's not having any earning that might give him some compensation. So his money is even more devalued.
- Joy, who has borrowed $40,000 to pay her college education.
Depending on the contract Joy might be sleepless. Either her monthly payments will become more expensive or She may experience difficulties because of the weekly growing prices.
- The US federal government had almost $15 trillion in debt in 2011.
Certainly, the president and his secretary will have to address the fact that due to inflation and the chosen medicine make the nation's debt up to the sky. They must renegotiate the payment deadlines.
Answer:
Cost Flow Methods
Gross profit and ending inventory on April 30 using:
Gross Profit Ending Inventory
(a) first-in, first-out (FIFO) $75 $546
(b)
last-in, first-out (LIFO) $71 $542
(c) weighted average cost method $73 $544
Explanation:
a) Data and Calculations:
Item Beta Cost
April 2 Purchase $270
April 15 Purchase 272
April 20 Purchase 274
Total $816
Average cost per unit = $272 ($816/ 3 units)
Assume that one unit is sold on April 27 for $345
Gross profit and ending inventory on April 30 using:
Gross Profit Ending Inventory
(a) first-in, first-out (FIFO) $75 ($345 - $270) $546 ($816 - $270)
(b)
last-in, first-out (LIFO) $71 ($345 - $274) $542 ($816 - $274)
(c) weighted average cost method $73 ($345 - $272) $544 ($816 - $272)
Ending inventory = Cost of goods available for sale Minus Cost of goods sold
Gross profit = Sales Minus Cost of goods sold
It is a bad idea because a minimum auto liability insurance policy is meant for compensation against liability and not for saving purpose.
<h3>What is the
liability insurance?</h3>
It is a legal requirement to have an active minimum liability insurance coverage to cover a liability especially injury and damage to third party property
In conclusion, the idea of saving money with the insurance policy is bad because it is meant for compensation against liability and not for saving purpose.
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A company's triple bottom line represents aspects profit planet, people privacy and production.
<h3>What is production?</h3>
Several material and immaterial inputs are integrated during the production process to produce something that is intended for consumption. It involves creating an output, a good or service that has value and improves the utility of individuals.
Production, in a manufacturing process, is the process of changing raw materials or inputs into finished objects or products. In other words, it describes the process of building something from nothing. A good example of production is the creation of furniture. One instance of production is gathering corn for human consumption. An example of production is the amount of grain produced.
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