Borrowers gains from inflation.
Inflation is the rate of growth in costs over a given time frame. Inflation is normally a huge measure, including the general increase in expenses or the boom in the cost of dwelling in a country.
Inflation is the charge of growth in costs over a given time frame. Inflation is typically a huge degree, together with the overall increase in prices or the boom in the cost of living in a country.
At the same time as high inflation is typically considered harmful, some economists trust that a small amount of inflation can help power economic growth. the opposite of inflation is deflation, a state of affairs where costs tend to say no. The Federal Reserve's goal is a 2% inflation fee, based totally on the consumer price Index (CPI).
Learn more about inflation here brainly.com/question/8149429
#SPJ4
Tactical managers are often known as the middle manager.
Manager in the middle. Middle-level managers are superior to front-line managers and team leaders. They are responsible for transforming the basic goals and plans set by strategic managers into more particular objectives and activities. They are also known as tactical managers.
Furthermore, the middle manager serves as a communication conduit inside the business, relaying significant leadership decisions and the organization's principal goals to lower-level personnel. This adds to greater worker collaboration and makes a firm more cohesive.
Therefore, the answer is middle manager.
To know more about middle manager click here:
brainly.com/question/20597839
#SPJ4
Answer:
b. 4.02
Explanation:
Time interest earned is actually tells us how many times it's interest is the company earning so that formula for times interest earned is
Earnings before income and tax/Interest expense.
So we have to add interest expense and tax expense back to net income.
130,000+50,000+21,000=201,000
201,000/50,000=4.02
Answer:
$27,500
Explanation:
Discount points are also called mortgage points and are fees paid as prepaid interest rate on a mortgage property.
One discount point is equivalent to 1% of the loan amount.
In the given scenario a down payment of 10% was made.
Also they are pay one discount point to close.
So total down payment to be made is 10% + 1% = 11%
Amount is cash for closing = 0.11 * 250,000 = $27,500
Answer:
The correct word for the blank spaces are: asset; revenue.
Explanation:
By delivering goods expecting payment at a later date, Norbert Inc. is increasing its <em>accounts receivable</em>. This type of profit takes place when goods or services are provided in credit and the payment is set in the future. In the example, according to the Generally Accepted Accounting Principles (GAAP), the <em>accounts receivable must be debited to an asset account and credited to a revenue account</em>.
