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2 years ago

The amount of goods and services each dollar buys at a given point in time is called:

1 answer:

4 0

The amount of goods and services each dollar buys at a given point in time is called: Purchasing power.
The term defines the number and quality or value of goods and services that can be purchased with one unit of money.
Purchasing power loss happen when prices increase, while purchasing power gain happens when prices decrease.

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Once Starbucks had established its presence in thousands of cities internationally, the company sought to increase the number of

scZoUnD [109]

Answer:

product-development

Explanation:

Producto development is carried out in the field of business, engineering and design, it is the complete process of creating and bringing a new product to the market. There are two parallel aspects that are involved in this process: one implies product engineering; The other, market analysis. Marketing managers consider the development of a new product as the first step in managing the product life cycle.

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2 years ago

During its first year of operations, Gehrig Company had credit sales of $3,000,000, of which $400,000 remained uncollected at ye

LenKa [72]

Answer:

Bad Debts (Dr.) $18,000

Allowance for Doubtful Accounts (Cr.) $18,000

Explanation:

When the management expects that it will not be able to collect a certain amount of receivable, it records Bad Debts in the Profit or Loss and a Credit entry to it is charged to contra-asset account known as "Allowance for Doubtful Accounts". It should be kept in mind that, at this stage it is only the expectation of management that the receivable from customers will not be collected. When the management is certain about the default of customer, it write-offs the Receivables. This is done by debiting Allowance for Doubtful Account and crediting Accounts Receivables. Write-off has no impact on the Net Realizable Value (Accounts Receivables - Allowance for Doubtful Account).

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8 0

2 years ago

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One year ago Lerner and Luckmann Co. issued 15-year, noncallable, 7.5% annual coupon bonds at their par value of $1,000. Today,

denis-greek [22]

Answer:

e) $1,191.79

Explanation:

In order to find the price of a bond we need to know the future value of the bond, the interest rate on the bonds, the coupon payments and the time to maturity. In this case the future value of the bond is 1,000, the interest rate is 5.5%, the time to maturity is 14 years and the coupon payments are 7.5% which are (0.075*1,000)=75. Now we input all these values in a financial calculator and compute the present value/price.

FV= 1,000

I=5.5

N=14

PMT= 75

Compute PV=1,191

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2 years ago

Based on the following information for Montana Investments, Inc., compute the rate of return on total assets. (Round the perce

11Alexandr11 [23.1K]

Answer:

Return on Total asset is 16.18%.

Explanation:

Total Assets, December 31, 2019 $195,000

Total Assets, December 31, 2018 $151,000 For Year Ended December 31, 2019

Interest Expense $7,000

Net Income $28,000

Return on Total Asset = Net Income / Average total Assets

Return on Total Asset = $28,000 / $173,000

Return on Total Asset = 0.1618 = 16.18%

Average total Assets = ( Beginning Assets balance + Ending total Assets balance ) / 2

Average total Assets = ( 151,000 + 195,000 ) / 2 = $173,000

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2 years ago

A franchise can be among the more expensive business to start because

nataly862011 [7]

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2 years ago

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