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Vlad [161]
3 years ago
7

Which of the following people is likely to benefit from inflation? A. A person with low income B. A person who has a large savin

gs account C. A person who owes $200,000 on a loan D. A retired person on a fixed income
Business
1 answer:
Lesechka [4]3 years ago
4 0

Answer:

B. A person who has a large savings account.  

It can have a benefit if the interest rate is higher than inflation

C. A person who owes $200,000 on a loan

inflation lets debtors pay lenders back with money that is worth less than it was when they originally borrowed it.

Explanation: A.

A. A person with low income . dont have benefits from inflation

B. A person who has a large savings account.  

It can have a benefit if the interest rate is higher than inflation

C. A person who owes $200,000 on a loan

inflation lets debtors pay lenders back with money that is worth less than it was when they originally borrowed it.

D. A retired person on a fixed income dont have benefits from inflation

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Answer:

B. $9

Explanation:

Assets value = $500 million

Liability value = $50 million

Use following formula to calculate NAV

Net Assets value = Assets value - Liability value

Net Assets value = $500 million - 50 million

Net Assets value = $450 million

Net Assets value = $450 million / 50 million

Net Assets value = $9 per share

So, the correct option is B. $9.

6 0
4 years ago
Carter Co. sells two products, Arks and Bins. Last year Carter sold 14,000 units of Arks and 56,000 units of Bins. Related data
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Answer:

Carter Co.'s break-even point in units was 40000 units.

Explanation:

Total units sold = 14000 + 56000

                          = 70000

Weight of ark = 14000/70000

                      = 0.20  

weight of bins = 1 -0.20

                        = 0.80

weighted average contribution = (40 *0.20 ) + (20 *0.80 )  

                                                    = 8+ 16  

                                                    = $ 24 per unit

Break Even Point (Units) = Fixed cost /weighted average contribution

                   = 960,000 / 24  

                   = 40000 units

Therefore, Carter Co.'s break-even point in units was 40000 units.

3 0
3 years ago
A type of partnership called a ___________ acts much like a corporation and is traded on stock exchanges, but it is taxed like a
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The answer is:  <u>  master limited partnership ; or, "MLP" </u><u /> .
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4 years ago
Which of the following best describes a cartel? A.when businesses agree to limit supplies of a product C.complete control of a p
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C. Complete control of a product or service
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4 years ago
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Carl is a self-employed real estate agent. For the current year, his self-employment net earnings (revenues minus expenses) are
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Answer:

$12,240

Explanation:

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Social security Tax = $9,920

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Total tax = $9,920 + $2,320

Total tax = $12,240

3 0
3 years ago
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