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3 years ago

Cost-push inflation can be described as a rightward shift of the aggregate supply curve.

1 answer:

3 0

Cost push inflation is caused due increase in cost of factor of production which leads to decrease in aggregate supply.
thus aggregate supply tend to shift leftward.
thus it is false

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A person puts $100.00 into a savings account with 2.4% annual interest rate (computed continuously). The value of such an invest

andre [41]

Answer:

It will take up to 3 years for the total interest to exceed $5.00

Explanation:

The future value of an investment whose interest is compounded continuously can be expressed as;

A=P e^(rt)

where;

A=future value of the investment

P=initial value of investment

r=annual interest rate

t=number of years

In our case;

A=Initial value+interest=(100+5)=$105

P=$100

r=2.4%=2.4/100=0.024

t=unknown

replacing;

105=100 e^(0.024 t)

e^(0.024 t)=105/100

e^(0.024 t)=1.05

ln {e^(0.024t)}=ln 1.05

0.024 t ln e=ln 1.05

but ln e=1

0.024 t=ln 1.05

t=ln 1.05/0.024

t=2.03 years rounded up=3 year

It will take up to 3 years for the total interest to exceed $5.00

4 0

4 years ago

A(n) _____ is a convention that includes a long listing of arms, ships, or participants in an important event. argument epic sim

OLEGan [10]

The answer that would best complete the given statement above would be the third option: EPIC CATALOGUE. An epic catalogue is a convention that includes a long listing of arms, ships, or participants in an important event. Hope this answers your question. Have a great day ahead!

6 0

3 years ago

Suppose a dairy distributor, experiencing approximately constant demand for each sku, ships an average of 200 pallets per day. I

horsena [70]

Answer:

It will take Average of 5 days waiting time in the warehouse.

Explanation:

Inventory per day = 200 pallets

Total occupies pallets = 1,000 pallets

Use following formula to calculate average waiting time in the warehouse

Average wait time spent in warehouse = 1,000 / 200 pallets per day

Average wait time spent in warehouse = 5 days

It will take Average of 5 days waiting time in the warehouse.

3 0

4 years ago

How is the balance sheet used to record amortization and why might it be useful as coupon payments are made?

MrMuchimi

Answer:

An intangible asset's annual amortization expense reduces its value on the balance sheet, which reduces the amount of total assets in the assets section of the balance sheet. This occurs until the end of the intangible asset's useful life.

Explanation:

4 0

3 years ago

On December 31, 2020, Berclair Inc. had 460 million shares of common stock and 3 million shares of 9%, $100 par value cumulative

earnstyle [38]

Answer:

Basic earnings per share = $1.46

Diluted earnings per share = $1.40

Explanation:

Basic earnings per share = Earnings Attributable to Holders of Common Stock / Weighted Average Number of Common Stockholders

Earnings Attributable to Holders of Common Stock Calculation :

Net income for the year ended December 31 $700,000,000

Less Preference dividend ( 3,000,000 × 9%×$100×5%) ($1,350,000)

Earnings Attributable to Holders of Common Stock $698,650,000

Weighted Average Number of Common Stockholders Calculation :

Common Shares 1 January 2021 460 million

Purchased On March 1, 2021, (10/12×24,000,000) 20 million

Weighted Average Number of Common Stockholders 480 million

Basic earnings per share = $698,650,000/ 480,000,000

= $1.46

Diluted earnings per share = Adjusted Earnings Attributable to Holders of Common Stock /Adjusted Weighted Average Number of Common Stockholders

Adjusted Earnings Attributable to Holders of Common Stock Calculation :

Net income for the year ended December 31 $700,000,000

Less Preference dividend ( 3,000,000 × 9%×$100×5%) ($1,350,000)

Earnings Attributable to Holders of Common Stock $698,650,000

Adjusted Weighted Average Number of Common Stockholders Calculation

Common Shares 1 January 2021 460 million

Purchased On March 1, 2021, (10/12×24,000,000) 20 million

Weighted Average Number of Common Stockholders 480 million

Diluted earnings per share = $698,650,000/ 500,000,000

= $1.40

8 0

3 years ago