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nignag [31]
4 years ago
14

"Suppose that in some country the price of silver increased from $30 per ounce to $31 per ounce during a time when the overall p

rice level increased by 5 percent. During this period, the real price of silver"
a. increased.b. decreased.c. stayed the same.d. might have increased, decreased or stayed the same
Business
1 answer:
harina [27]4 years ago
8 0

Answer: Option (B) is correct.

Explanation:

Given that,

Price of silver increased from $30 per ounce to $31 per ounce.

At that time, overall price level increased by 5%

Therefore,

Change in price of silver = $31 - $30

                                         = $1 per ounce

Percentage change in price of silver = \frac{31 - 30}{30} \times 100

                                                             = 3.33%

Overall price level increases by 5% but the price of silver increases by 3.33%, which is less than 5%.

Hence, real price of silver decreases.

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Please explain to me CPJ and CRJ immediately I really need in depth explanation​
alukav5142 [94]

Answer:

CRJ means cash receipt journal. ... In higher classes, this journal is not made, it is included in the debit side of cash book. Meaning of CPJ. CPJ means cash payment journal.

8 0
4 years ago
Helen taylor works 10 hours a day for 4 days a week, while her colleagues work 8 hours a day for 5 days a week. helen is utilizi
Kipish [7]
<span>Helen taylor works 10 hours a day for 4 days a week, while her colleagues work 8 hours a day for 5 days a week. helen is utilizing a flexible work schedule option known as the compressed workweek.Generally compressed work week means a work course of action where a standard week's worth of work is lessened to less than five days, and employees make up the full number of hours per-week by working longer hours.In some situations Elective work course of action where a standard week's worth of work is lessened to less than five days, and representatives make up the full number of hours per-week by working longer hours.In some situations for meeting deadlines compressed workweek may occur every other week.</span>
8 0
3 years ago
The statement of cash flows presents:
Elena-2011 [213]

Answer:

Option C is correct.

Explanation:

The statement of cash flow presents us the information about the cash, where the cash was invested including how much cash we have earned by investing in projects, how much cash the operations has created and how much cash has been created from the financing activities. This statement tells us about the origin of the cash and where the company is spending it.

4 0
4 years ago
Before year-end adjusting entries, Dunn Company's account balances at December 31, 2014, for accounts receivable and the related
nlexa [21]

Answer: $1,075,000

 

Explanation: When a current or fixed asset is held in inventory, the worth at which it is recorded in accounting is called its net realizable value. In the given case, the net realizable value could be computed using following formula  :-

Net realizable value = Balance of receivable on Dec 31 - expected                                                                                                                                                                                 uncollectibles          

Putting the values into equation we get :-

Net realizable value = $1,200,000 - $125,000

                                   = $1,075,000

                       

5 0
3 years ago
When journalizing a transaction, a short explanation is written?
Softa [21]
Here is the answer. When journalizing a transaction, and a short explanation is written, this is called a MEMORANDUM. This is <span>a form on which a brief message is written describing a transaction. Hope this answers your question. Have a great day!</span>
5 0
3 years ago
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