Annual inflationary loss of buying power is a valid criticism of the use of money as a store of value in modern economies.
Explanation:
As a result of a highly inflationary reduction in the buying ability of an economy, significant negative economic impacts emerge, particularly rising costs of consumer goods and services, with high-interest rates impacting global markets and lower ratings.
The buying power is the buyer's dollar value of credit to purchase additional stocks and bonds on the retirement account against the already marginal securities. Capacity can also be recognised as the purchasing power of the dollar.
Purchased common stocks: 1.025 x 20 shares x $15.20 = $311.60
Sold common stocks: (1 - 0.025) x 20 shares x $10.12 = $197.34
To get the gain or loss of the stock transaction:
$197.34 - $311.60 = ($114.26)
Negative result signifies loss.
The answer is there is a loss of $114.26
Answer: Default risk differences.
Explanation:
The Default risk is the inherent risk a lender faces that a borrower will not pay them back the debt they want to borrow. The lender will therefore charger a high return to cater for this risk. The higher the risk, the higher the return charged.
T-bonds have no default risk because they are guaranteed by the US Government which is why it's rate is the lowest. For the other bonds, there is something called a Credit rating. Bonds are usually rated on how risky it will be to lend to the company borrowing with AAA being of the lowest risk. Therefore as one goes up from AAA, the bonds will have higher default risks.
Answer:
$26,456 million.
Explanation:
The formula to calculate the gross profit is:
Gross profit=Sales-cost of goods sold
Using this formula we can calculate the cost of goods sold as we have the information about the gross profit and the sales:
Cost of goods sold=Sales-Gross profit
Cost of goods sold=$36,241-$9,785
Cost of goods sold=$26,456
According to this, TechMart's cost of goods sold was $26,456 million.
Answer:
A. 3200 ; 900
Explanation:
First, the multiple Choices for the question
A. 3200 ; 900
B. 2900 ; 1200
C. 1200 ; 2900
D. 1700 ; 1200
E. 4100 ; 0
SOLUTION
This is a job order costing question and Job order costing represents a cost accounting method where for each job, the cost is accumulated such that the cost for the job, work order and the project are separately accumulated.
1) The question is to determine the Cost of Goods sold for May
The formula = Cost of Job 134 + Cost of Job 135
= The cost of Job 134 = $1,700
The cost of Job 135 = Balance Ma y 1 + May Production Costs = $1,200 + $300
= $1500
= $1,700 + $1,500 = $3,200 - Cost of Goods sold for May
2) The WIP Inventory cost on 31st May
This is simply asking for the cost of Job 136, this is because Jobs 134 and 135 were completed during the month and Shipped to the Customer that same month
Hence the Work in Progress Inventory Cost on 31st May = $900
