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Ghella [55]
2 years ago
13

Shen manages a grocery store in a country experiencing a high rate of inflation. He is paid in cash. On payday, he immediately g

oes out and buys up as many goods as he can for the next two weeks in order to prevent the money in his wallet from losing value. This is an example of the _______ of inflation.
Business
1 answer:
Lapatulllka [165]2 years ago
7 0

Answer:

The correct answer is "Shoe-leather effect"

Explanation:

shoe leather cost: In order to reduce the inflation, the people try to hold less cash on hand to reduce the tax inflation. The shoe leather cost refers to the value, in time and energy, of efforts intended to neutralize the effects of inflation.

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Revocation of an offer is valid once it is __________________.
Amiraneli [1.4K]

Revocation of an offer is valid once it is <u>B. received</u> by the offeror (the person making the offer), meaning that it has been communicated to the other party by the offeree.

<h3>What is the revocation of an offer?</h3>

The revocation of an offer is the nullification or canceling of an offer by the offeree.  It becomes effective when the offeree communicates to the offeror before acceptance.

Once the revocation has been communicated, the offer is no longer considered valid and cannot legally be accepted. The implication is that revocation goes into effect immediately it has been communicated to the relevant party.

Thus, revocation of an offer is valid once it is <u>B. received</u> by the offeror.

Learn more about offer revocations at brainly.com/question/26532053

5 0
1 year ago
Read 2 more answers
Ignoring taxes what is the effect on earnings in the year after the shares are granted to executives
ipn [44]

Answer: C. $40 million.

Explanation:

By granting them 15 million shares subject to forfeiture if employment is terminated within three years, the company is compensating them.

The total amount that they will be compensated with has to be apportioned over the 3 years as an expense that will reduce earnings per year.

Total compensation = No. of shares * fair value of shares

= 15,000,000 * 8

= $120,000,000

Apportioned over 3 years;

= 120,000,000/3

= $40,000,000

4 0
2 years ago
Jai Li just lost her job, and she has not yet started looking for a new one. The Bureau of Labor Statistics counts Jai Li as Gro
zysi [14]

Answer:

neither in the labor force nor unemployed

Explanation:

Since in the question it is mentioned that the  Jai Li  lost her job and neither she has not yet started looking for a new job

So according to the Bureau of Labor Statistics she counted as a neither in the labor force nor unemployed because labor force includes the combination of employed people + unemployed people

She does not qualify any of the above criteria

Hence, the last option is correct

4 0
2 years ago
One way to improve your health, improve your self-confidence, and help yourself become more satisfied with life is to:
anzhelika [568]

Answer:

B: Become more charitable

Explanation:

Helping others has been proven scientifically to produce better results in humans in all dimensions of their lives.

8 0
2 years ago
On October 15, 2019, Jon purchased and placed in service a used car. The purchase price was $38,000. This was the only business
koban [17]

Cost recovery deduction = $1520

Solution:

Given data

purchase price = $38,000

used the car  business  = 80%

used the car  personal = 20%

solution

cost recovery limit are,

cost recovery limit = asset value × statutory % × mid quarter convention  

We recognize the 5-year MACRS convention of car and the depreciation rate of MACRS is 20 percent in the first year.

so we use MACRS statutory % method

cost recovery limit = $38000 × 5%

cost recovery limit = $1900

we know maximum limit is $3160

so cost of recovery is $1900

so,

cost recovery deduction is

cost recovery deduction = cost recovery limit - personal use

cost recovery deduction = $1900 - ( $1900 × 20% )

cost recovery deduction = $1520

8 0
3 years ago
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