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Marysya12 [62]
3 years ago
6

Complets the first row of the table with the quantity of burgers that can be bought with $700. Hint: In this problem, your calcu

lations result in 1.5 burgers, the answer should be 1 burger. assume it is not possible to buy a fraction of a burger, and always round down to the nearest whole burger. For example, if Year 2016 2017 Price of a Burger (Dollars) 4.00 Burgers Bought with $700 (Quantity) Suppose the government of Tralfamadore cannot raise sufficient tax revenue to pay its debts. In order to meet its debt obligations, the government prints money. As a result, the money supply rises by 20% by 2017. Assuming monetary neutrality holds, complete the second row of the table with the new price of a burger and the new quantity of burgers that can be bought with $700 in 2017. The impact of the government's decision to raise revenue by printing money on the value of money is known as the
Business
1 answer:
kompoz [17]3 years ago
6 0

Answer:

Year 2016            700/4 = 175 Burgers

Year 2017            700/4.8 = 145  Burgers

Explanation:

Year Price of a burger                       Burgers bought with $700

2016 4                                                          700/4 = 175

2017 4 + (20%*4) = 4 + 0.8 = 4.8                    700/4.8 = 145

(Price of burger rise by 20% in 2017 due to increase in the money supply.)

inflation tax.

(The impact is inflation tax as it reduced the value of money due to inflation.)

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3 years ago
Suppose that you just purchased 150 shares of XYZ stock for $60 per share. a. If the initial margin requirement is 71.00%, how m
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Answer:

$2,610

Explanation:

Calculation for how much money you must borrow.

Using this formula

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Let plug in the formula

Amount to be borrowed= 150 shares*$60 per shares *(1-0.71)

Amount to be borrowed=$9,000*(0.29)

Amount to be borrowed=$2,610

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Case D. Stewart Company reports the following inventory record for November:
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The cost of ending inventory and the cost of goods sold under each of the following methods: Under the LIFO method, Sales Less: Cost of Goods sold Gross Profit less: Selling, admin, depreciation Income before.

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The LIFO method is used within the COGS (value of products sold) calculation while the fees of manufacturing a product or obtaining inventory have been growing. this will be because of inflation.

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1 year ago
The best way to limit competition is to: Choose one: A. control a resource that is essential in the production process. B. lobby
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Answer:

A. control a resource that is essential in the production process.

Explanation:

When the crucial resource is required to make a product, then the restrictions on such resource would not allow, many people to enter in such business.

Also that the resources will be restricted in some or other manner, its price will increase accordingly the cost of producing such article would also increase.

As the cost of production will increase only producers with a high budget and resources in terms of finance will chose it.

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3 years ago
The App Store needs to raise $2.8 million for expansion. The firm wants to raise this money by selling 20-year, zero-coupon bond
DENIUS [597]

Answer:

10,064 bonds

Explanation:

Given:

Amount to be raised = $2,800,000

Par value (FV) = $1,000

Maturity (nper) = 20×2 = 40 periods

Yield (rate) = 6.49 ÷ 2 = 3.245% or 0.03245

Coupon payment is 0 as it's a zero coupon bond.

Assume it's compounded semi-annually.

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PV is negative as it's a cash outflow.

Number of bonds to be sold = Total amount to be raised ÷ Price of bond

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                                                = 10,064 bonds

Company should sell 10,064 bonds to raise $2.8 million

5 0
3 years ago
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