Answer:
1-2%
Explanation:
In simple words, every nation in the world have some kind of central authority that works to control and keep the inflation as low as possible. However, too low inflation can also lead to recession which brings problems way worse than inflation.
Thus, keeping in mind about all the information we have studied, it is advisable to keep inflation at 1% or 2% band, so that economy can grow moderately along with no price pressure on consumers.
Answer: $259000
Explanation:
Based on the information provided in the question, the amount of cash provided by operating activities that should appear on a statement of cash flows would be:
Net income = $230,000
Add: Depreciation expense = $22,000
Add: Rent = $7000
Total = $259,000
Answer:
The correct answer is option (A) $519,799.59.
Explanation:
According to the scenario, the given data are as follows:
Payment 1st year = $218,000
Payment 2nd year = $224,000
Payment 3rd year = $238,000
Rate of interest = 14.5%
So, We can calculate the amount Southern Tours willing to pay by using following formula:
We add the payment for 3 years by simple interest as:
= + +
= + +
= $519,799.59
Hence, the amount Southern Tours willing to pay is $519,799.59.
................................
Answer:
21,000 units
Explanation:
Prepare a reconciliation of physical units
<u>Inputs :</u>
Beginning Work In Process Units 5,000
Units Started during the period (<em>Balancing figure</em>) 21,000
Total 26,000
<u>Outputs :</u>
Completed and transferred out units 22,000
Ending Work In Process Units 4,000
Total 26,000
Conclusion :
Thus, number units started during November in the department was: 21,000 units