Analyzing Unearned Revenue Disclosures

Ellen and Fred work on the loading dock for Grange Storage. Ellen, who has a disability, requests a transfer, which would repres

Leya [2.2K]

Answer:

Fred's seniority is a good defense for Grange

Explanation:

Based on the situation at hand and the details provided within the question it can be said that in Ellen’s suit against Grange for discrimination, most likely Fred's seniority is a good defense for Grange. Since Fred has been working at Grange Storage for a long time then Fred also has a right to claim that opening for himself.

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8 0

3 years ago

High levels of customer participation in a service imply that:

Dima020 [189]

The answer is <span>d. customers can jeopardize the service outcome.
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The highest level of customer participation happens when there is a need for an active involvement on the part of the consumer which can be fruitful if followed. On the other hand, it can affect the whole program of the expected output when the consumer di not follow. Also, based on the given source this happens in counseling, training, and maintenance.

The given source differentiated the levels of consumer participation.

Source: http://www.bu.ac.th/knowledgecenter/epaper/jan_june2009/pdf/Somyot.pdf

3 0

4 years ago

Consider two countries, Home and Foreign. Suppose the foreign country experienced a relatively slow output growth (1%), whereas

Vinil7 [7]

Answer:

Explanation:

a) The quantity theory of money refers that money supply growth is equal to the increase in price plus output growth rate.

Thus, Inflation rate = Money Supply Growth - Output (GDP) Growth

Hence, Inflation in Home is computed as under:

= 12% - 6%

= 6%.

Inflation in Foreign is computed as under:

= 2% - 1%

= 1%.

Therefore, Inflation rate in Home and Foreign are 6% and 1% respectively.

b) The expected rate of depreciation refers to the decrease in the value of home currency relative to the foreign currency. It is computed by the difference of inflation rate between Home and Foreign currency.

Thus, Rate of depreciation = Inflation rate in Home - Inflation rate in Foreign.

Rate of depreciation:

= 6% - 1%

= 5%.

Therefore, the expected rate of depreciation in the Home currency relative to the Foreign currency is 5%.

c) New inflation rate in Home = New money supply growth - Output Growth

New inflation rate in Home country:

= 15% - 6%

= 9%.

Therefore, the new inflation rate in Home country is 9%.

(d) For keeping the exchange rate constant, the Central Bank of Home should lower its money growth rate. This can be computed exactly which money growth rate will keep the exchange rate fixed by using the fundamental equation for the simple monetary model as under:

(µH* - gH) = (µF - gF)

Putting the values given above and solving for µH*:

(µH* - 6%) = (2% - 1%)

µH* = 7%.

Therefore, if the Central Bank of Home country sets its money growth rate to 7%, then its exchange rate with Foreign Country will remain unchanged.

4 0

3 years ago

The biggest problem faced by less developed countries in financing development is

sashaice [31]

Failure to repay credits is the major problem faced by less developed countries in financing development. And in addition to that the present procedure came to a head when global leaders assembled in Addis Ababa, Ethiopia, on 13-16 July 2015 at what’s formally called the Third International Conference on Financing for Development. To see all of Citiscope’s recording on the Financing for Development process from an urban viewpoint.

7 0

3 years ago

Credit cards areA. the fastest growing component of the M1 money supply.B. near-monies that are part of the money supply, but no

melomori [17]

Answer:

C. not money, officially defined.

Explanation:

The M1 represent the currency and check deposits

The M2 is M1 + "near money." Which are: savings , and time deposits.

We must remember that money supply represent all monetary assets in the economy. The credit card are not monetary assets.

7 0

3 years ago