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3 years ago

Sort each description into the category where it fits best. Inflation and Deflation

Business

2 answers:

melomori [17]3 years ago

6 0

I hope this helps!

Inflation:

Reduces purchasing power

Reduces the value of money

Causes steadily rising prices

Deflation:

Causes steadily falling prices

Usually occurs as demand falls

Increases the value of money

Pie3 years ago

4 0

First three together in the first I think

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During the current year, Ecru Corporation is liquidated and distributes its only asset, land, to Kena, the sole shareholder. On

statuscvo [17]

Answer:

c. Kena recognizes a gain of $30,000

Explanation:

cash 650,000 debit

land 250,000 credit

gain at disposal 350,000 credit

liabilities 500,000 debit

cash 500,000 credit

Then, the company will close all account and leave kena account with a capital of 150,000 to mathc the remaining 150,000 cash

as her basis is 120,000 there will be a gain for 30,000

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2 years ago

The ten-step cycle that results in the timely payment for patients' medical services is the

liq [111]

The ten step cycle that results in the timely payment for patients' medical services is the MEDICAL DOCUMENTATION BILLING CYCLE.
Medical billing is a payment method that is used in USA health system. The medical billing process is an interaction between the healthcare providers and the insurance companies who are responsible for payments of medical services rendered to their clients.

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2 years ago

Beth needs a new roof. She finds Clancy, a roofing contractor, through an ad he posted in the local newspaper. Clancy paid $60 t

BARSIC [14]

Answer:

The transaction costs associated with this exchange are $155

Explanation:

The computation of the transaction cost which is associated with this exchange is shown below:

= Ad charges in the newspaper + law firm write up charges

= $60 + $95

= $155

It includes various cost like - transportation cost, legal fees, communication charges, etc.

The installation of Beth's new roof is not considered in the computation part because it is not an exchange transaction cost. So, this cost is ignored.

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3 years ago

The NYSE is an example of a(n) _______________ exchange while NASDAQ is an example of a(an) __________________ market. Organized

Lilit [14]

Considering the functions and operations of the organizations, The NYSE is an example of a(n) Organized exchange while NASDAQ is an example of a(an) Over the Counter market.

NYSE is an acronym for the New York Stock Exchange. It is generally considered the most significant capital market in the world, with over $30 trillion. Its stock market is deemed to be stable. It is also known as a designated market.

On the other hand, NASDAQ is an acronym for National Association of Securities Dealers Automated Quotations. However, its stock market is considered to be volatile. It is also a dealer market

Hence, in this case, it is concluded that the correct answer is option A. "Organized; over-the-counter."

Learn more here: brainly.com/question/21993468

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2 years ago

The money and merchandise you owe to creditors are your ________.

Ber [7]

The answer is...
Liabilities

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2 years ago

Sort each description into the category where it fits best￼. Inflation and Deflation

Sort each description into the category where it fits best. Inflation and Deflation