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Bogdan [553]
3 years ago
8

The term inflation is used to describe a situation in which

Business
1 answer:
photoshop1234 [79]3 years ago
6 0

Answer:

The correct answer is option b.

Explanation:

Inflation refers to the continuous and sustained growth in the general price level. As the price level rises, it reduces the purchasing power or value of cash balances held by the consumers to reduce. This causes real income to decline.  

A certain level of inflation is desirable in an economy to promote growth but a high rate of inflation is harmful. Inflation can be of several types such as  

  • Demand-pull inflation
  • Cost-push inflation

There are several measures used to calculate inflation, for instance, the consumer price index. To correct inflationary pressures, a government uses contractionary fiscal and monetary policy.

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You are working on the toll plaza construction phase of the Grand Harbor Tunnel project. You notice that the concrete being pour
Radda [10]

Answer:

Discuss the concerns you have with the supervisor in charge.

Explanation:

It is wrong under the ethics code to ignore a clear sign that an intervention is required be it in business decision making or in this case, construction. It is your obligation to report any abnormality noticed to the supervisor in charge.

4 0
3 years ago
Using the Goal Seek function in Microsoft Excel, prepare an Excel spreadsheet to answer the following questions: Warner Clothing
Masja [62]

Answer:

3,500 units

6,000 units

Explanation:

Given:

Sales Price = $15 per unit

Variable cost = $3 per unit

Fixed cost = $42,000 per month

A. Break even point

Break even point(in units) =  Total fixed cost / (Sales Price - Variable cost)

                             =  $42,000 / ($15 - $3)

                             = $42,000/ $12

                             = 3,500 units

B. Number of sales unit

Sales unit for desired profit = (Total fixed cost + Desired profit)/ (Sales Price - Variable cost)

                                             = ($42,000 + $30,000) / ($15 -$3)

                                             = $72,000 / $12

                                             = 6,000 units

3 0
3 years ago
A lot of designer clothing companies will send free clothes to celebrities with hopes that the celebrities will wear their cloth
Kazeer [188]

Answer:

Celebrity endorsement.

Explanation:

The complete question is...

A lot of designer clothing companies will send free clothes to celebrities with hopes that the celebrities will wear their clothing in public and attract more customers to the brand. what mode of end? What mode of endorsement are these clothing companies trying to achieve?

Celebrity endorsement uses a celebrity's fame or social status to promote a product, brand or service. It is mostly associated with the fashion and beauty brands, and the goal is that the positive image of the celebrity be reflected onto the product or the brand. Celebrity endorsement has been used by some brands to promote their businesses into a multi-billion dollar company, and is also very lucrative for the celebrity, whose contract deals can run into hundreds of millions of dollars.

8 0
3 years ago
Currently the price of Titanic stock is $20 a share. You have $40,000 of your own funds to invest. Using the initial margin of 5
PtichkaEL [24]

Answer:

The percentage profit if you purchase the stock and it rises to $30 a share

= $166.67

Explanation:

Titanic stock is $20 a share. You have $40,000 of your own funds to invest.

∴ $4,000.00/$20 = 200.00 shares were bought with $4,000.00

With margin of 50 percent and maintenance margin of 30 percent,

50% + 20% = 80%

∴  New Cost of Stock ($30.00) ÷ $4,000.00)

= $133.33 X 0.80

= $166.67

6 0
3 years ago
A​ company's bank statement balance is $ 3,400 and shows a service charge of $ 12​, interest earned of $ 7​, and an NSF check fo
BigorU [14]

Answer:

a. $3,725

b. $3,945

Explanation:

a. The computation of the adjusted cash balance is shown below:

= Bank statement balance + Deposits in transit - outstanding checks

= $3,400 + $1,000 -  $675

= $3,725

b. The computation of the book balance of cash before the reconciliation is shown below:

= Adjusted cash balance +  service charge + NSF checks - interest earned -  recording error

= $3,725 + $12 + $240 - $7 - $25

= $3,945

7 0
3 years ago
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