Manuel is retired and receives a fixed payment from his pension each there is inflation when the buying power of his pension will fall
This is further explained below.
<h3>What is
inflation?</h3>
Generally, Inflation refers to the rate at which prices continue to grow during a certain period of time, and the term may also refer to inflation itself. In most cases, inflation is assessed on a broad scale, such as the overall increase in prices or the growth in the cost of living in a particular nation.
To put inflation in its most basic form, it may be thought of as the general upward trend in the prices of goods and services over time. What this implies is that a dollar spent now won't purchase as much in the future. In other words, it will lower your ability to purchase things in the future.
In conclusion, Manuel is now retired and receives a certain amount from his pension on an annual basis. In the event that there is inflation, Manuel will be able to buy a lesser total amount with his pension money.
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Answer:
2014 Product yield will be 18,560
Explanation:
Calculation of Product Yield from 2010 to 2014
Since it begins with 83% good-quality parkas in 2010 and the percentage of good parkas was produced by 2�ch year which means we would add 2% to each of the year starting from 2011 to 2014
2010:
20,000(.83)= 16,600
20,000-16,600=3,400
3,400(.20)=680
680+16,600= 17,280
2011:
20,000(.85)= 17,000
20,000-17,000=3,000
3,000(.20)=600
600+17,000= 17,600
2012:
20,000(.87)
= 17,400
20,000-17,400
=2,600
2,600(.20)= 520
520+17,400= 17,920
2013:
20,000(.89)= 17,800
20,000-17,800=2,200
2,200(.20)=440
440+17,800= 18,240
2014:
20,000(.91)
= 18,200
20,000-18,200
=1,800
1,800(.20)
=360
360+18,200
2014 Product yield= 18,560
Answer:
When a report is based on data from a large number of sessions you may see the following notice at the top of the report This report is based on sessions.You can adjust the sampling.
Explanation:
hope this helps
Expenses included in the home office deduction, such as painting or repairs to the actual area of the home used for business, are referred to as deductible expenses
<h3>
What are home office costs?</h3>
- Home office expenses are those incurred as a result of running a business or performing employment-related tasks within one's home dwelling.
- Within certain limits, expenses incurred in the operation of a home-based business are deducted on your federal taxes.
- With the Tax Cuts and Jobs Act of 2017, the regulations for deductions changed, so make sure you receive information on deductions published in 2018 or later.
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Answer:
Dr Potter's 8% Bonds 100000
Cr Cash 100000
Dr Cash 4000
Cr Interest from Bonds 4000
Explanation:
Preparation of the journal entry to Complete the necessary December 31 entry to record
July, 1
Dr Potter's 8% Bonds 100000
Cr Cash 100000
(Being 8% Bonds purchased)
December, 31
Dr Cash 4000
Cr Interest from Bonds 4000
(100,000*8%*1/2)
(Being Interest received on 8% Bonds)
