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zvonat [6]
3 years ago
9

The rule of 70 is a measure of how long it will take for prices to __________ at a given inflation rate.

Business
1 answer:
swat323 years ago
8 0

Answer:

A. double

Explanation:

Rule 70 is used to calculate the numbers of years it takes for an investment  or variable to double in value given a certain growth rate. In this case, the variable is prices and the growth rate is  inflation  rate. It is calculated by dividing number 70 by inflation rate.

For example;

Assume inflation rate is 6%, the prices will double in ; 70/6 = 11.7 years

And if inflation is 2%, the prices will double in 70/2 = 35 years

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Roofing Issues. Sally agrees to roof a house for Bob. After doing his research, Bob chooses Sally based on her great reputation
expeople1 [14]

Answer:

C. Spencer will win because regardless of whether Glen was acting within the scope of his employment, Sally is liable for his negligence

Explanation:

Spencer will win the lawsuit and Sally is liable for negligence.

This is because, Sally was the person originally hired to do the roofing job.

She hired other workers to help her with the job, so she's liable to their actions and inactions.

Sally is operating under a working agreement (contract) and has already charged a fee of $10,000 so any punitive damages would be her responsibility.

Spencer was moving around and Glen threw some roofing shingles without any word of warning to people that might be in harm's way. So for Glenn's actions, Sally is liable for his negligence.

5 0
3 years ago
Trade will take place: A. if the maximum that a consumer is willing and able to pay is less than the minimum price the producer
Lubov Fominskaja [6]

Answer: (B.) <u><em>If the maximum that a consumer is willing and able to pay is greater than the minimum price the producer is willing and able to accept for a good.</em></u>

Explanation:

A producer will only sell goods and services if the consumer is willing to pay as much as the asking price. i.e. The price that the producer is asking. For this to happen the consumer's willingness to pay must be greater than the minimum price.

Therefore , the trade will take place if <u><em>the maximum that a consumer is willing and able to pay is greater than the minimum price the producer is willing and able to accept for a good.</em></u>

8 0
2 years ago
Cara writes an e-check on Monday to pay a bill in the simulation. What is the earliest it will be applied to the vendor account?
Andrei [34K]

Based on the length of time an e-check generally takes, the earliest it might be applied to a vendor's account is on <u>Thursday</u>.

<h3>What day will the payment be applied to the vendor's account?</h3>

When an e-check is written, it has to be verified by the bank first. This process takes about 24 to 48 hours.

After verification, the bank can then send the funds to the vendor's account. This part of the transaction can take between 3 to 5 business days from the day the check was issued.

Considering the earliest time is 3 business days, an e-check written on Monday will reach a vendor's account three days later on a Thursday.

Find out more on online payments at brainly.com/question/1109723.

4 0
2 years ago
Lizzie Corporation has provided the following information about one of its laptop computers: Date Transaction Number of Units Co
hoa [83]

Answer:

the ending inventory using the FIFO cost flow assumption is $282,900

Explanation:

The computation of the ending inventory using the FIFO cost flow assumption is shown below;

But before that first we have to determine the ending inventory units i.e.

= 280 + 380 + 480 + 290 - 1,200

= 230 units

So, the ending inventory is

= 230 units × $1,230

= $282,900

Hence, the ending inventory using the FIFO cost flow assumption is $282,900

8 0
3 years ago
Ryan, the owner of Home Value supermarket chain, wants to terminate a contract with a supplier. During the tenure of the contrac
Basile [38]

Answer:

Ryan takes the supplier representatives out for lunch and thanks them for being such great friends.

Explanation:

Ryan taking the supplier representatives out for lunch and thanking them for being such great friends is a less-than straightforward way of saying no and ending the working relationship.

From the supplier's perspective, Ryan taking the time to take them out on a lunch would suggest he's trying to show gratitude, so as to foster their existing business relationships.

On the other hand, coming to realize that it was his way of saying no and ending the working relationship between them would make the supplier representatives disappointed and making Ryan look less-than straightforward.

5 0
3 years ago
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