Answer:
business
Explanation:
Business is a term that generally describes a firm, company, or individual's combined activities, or system that deal with the creation of commodities or services for the purpose of meeting the targeted consumers' demands.
In order to meet the targeted consumers' demands, businesses transform lower-value inputs into high-value outputs.
Hence, in this case, the correct answer is BUSINESS
The federal reserve bank may decide to INCREASE THE INTEREST RATE. Interest rate refers to the amount that is charged for making use of a particular loan. Increasing the interest rate is one of the monetary policy which the federal reserve bank use to control the money supply in an economy.
Answer:
The Answer is 39.769 miles
Based on the information given the real rate of interest is:2%.
<h3>Real rate of interest</h3>
Using this formula
Real rate of interest=Nominal interest rate-Inflation rate-
Where:
Inflation rate=5%
Nominal interest rate=7%
Let plug in the formula
Real rate of interest=7%-5%
Real rate of interest=2%
Inconclusion the real rate of interest is:2%.
Learn more about real rate of interest here:brainly.com/question/25877453
Answer:
The answer is: Income statement
Explanation:
As she wants to get information on sales and costs, the Income statement is the statement that she should looking for. With the Balance sheet statement, it only shows information on the financial position reporting the firm's assets, liabilities and owner's equity at a specific point in time rather than the sales and costs firgures during the reporting period.
Furthermore, she should opt for Income statement rather than the common-size income statement because the common-size income statement hardly illustrates any trend during the recent years/ reporting periods, instead, it is only shown each revenue and cost items as percentage of total sales in a specific period.
In the income statement, there should be enough information for the new CFO to find trends on revenues and costs (if any) because the revenue and cost items is detailed enough and at least it should be given the comparision between sales & costs of the reporting period versus the firgures of the previous reporting period.
