Answer:
The incorrect statement is letter "B": If a firm is currently holding a lot of assets in cash, it would benefit from inflation.
Explanation:
Inflation is the economic phenomenon that takes place in the market as a result of a rise in the overall prices. One of the direct causes of inflation is a surplus in demand since it provokes firms to increase the price of the goods or services they offer in an attempt to decrease demand levels but, in given scenarios, the demand continues increasing.
Among the effects of inflation, <em>we can identify the decrease of individuals' and organizations' buying power. The value of money decreases making it inconvenient to have cash handy for both individuals and companies.</em>
Answer:
What was the only amendment to the 1845 Constitution of Texas?
Explanation:
A) the adoption of the long ballot in which Texans would be able to independently elect a large number of executive and judicial officers
Answer:
d. 829
Explanation:
The computation of the ending inventory using the LIFO method is shown below:
Since there are 300 units in hand which reflects the ending inventory units so
= 150 units ×$2.60 + 150 units $2.925
= $390 + $438.75
= $828.75
i.e d. 829
So 150 units is taken from June and the remaining units i.e 150 units are taken from June 10
Answer:
The Pacific have to charge the customer to achieve that operating income is $17892.
Explanation:
The target Price Pacific should charge to $17892 as it covers the target operating income as well as it covers the total cost of project. The total cost of project is at the level of $16265 x (100 + 10) / 100 = $17892. The difference of $1627 indicates the operating profit of company. Therefore, Pacific should charge 10% the cost of Job for Client 76.