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Rina8888 [55]
3 years ago
11

Which of the following would most likely suffer the least from the costs of​ inflation?

Business
1 answer:
Arturiano [62]3 years ago
8 0

Answer:

B. Persons on fixed incomes.

Explanation:

Inflation is a general increase in prices and fall in the purchasing value of money, therefore, a person with a fixed income will not be affected.

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Name two advantages offered by a credit union.
marin [14]

Answer:

Credit unions offer some of the best rates on credit products such as car loans, mortgages and credit cards. They provide fee-free checking accounts and savings accounts, too, without requiring a substantial minimum balance. That can be a huge relief when your funds dip into the single digits.

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This year henry realized a gain on the sale of an antique car that he inherited from his uncle. the buyer has promised to pay he
Kruka [31]
The answer to this question is <span>Wherewithal to pay
In the wherewithal to pay concept,  the</span><span> Income will be recognized in the period in which the company has the means to </span>pay<span> the tax on the income. Often times, company make their report to show a loss on purpose in order to postpone the tax payments</span>
4 0
3 years ago
you have been hired to conduct a job analysis at a local fast food chain. after completing your analysis, you conclude that the
Katen [24]

As a job analyst, after completing the job analysis, it can be understood that it was a skills-based analysis.

In a skill-based job analysis, the person's skills are measured and put to the test. For example, here, it can be seen that the job requires the employees to have good knowledge of the menu, interpersonal skills, and customer service skills. Conducting an analysis based on these factors will result in an employee who is well-skilled in these fields. As a job analyst, the major area of focus is the skills the employee has for the job.

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3 0
1 year ago
How do entrepreneurs contribute to the nation socially
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They will put themselves on social media for a way to get out there
5 0
3 years ago
The following inventory valuation errors have been discovered for Knox Corporation:
Whitepunk [10]

Answer:

Income +/- inventory adjustment

2015:   138,000 - 23,000 = 115,000

2016:  254,000 + 61,000 = 315,000

2017:   168,000 + 17,000 = 185,000

Explanation:

<u>Inventory Identity:</u>

Beginning + Purchases = Ending + COGS

As the mistake is on the right side it compensates by the other component which is COGS

<u><em>When the inventory is overstated</em></u> this means COGS is understated.

We didn't record the cost of good sold thefore our gross profit is higher making the net income higher.

<u><em>When the inventory is understated</em></u> this means COGS is overstated.

We record more cost of goods sold thefore our gross profit is lower making the net income fewer as well.

7 0
3 years ago
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