Answer:
Government policymakers decided to reduce the rate of inflation from 3% to 1.6%. As a result, the unemployment rate increased from 4.8% to 6.2%. The sacrifice ratio is:______
d. none of the above
Explanation:
a) Data and Calculations:
Old inflation rate = 3%
New inflation rate = 1.6%
Old unemployment rate = 4.8%
New unemployment rate = 6.2%
Ratio of old inflation rate to old unemployment rate = 3 : 4.8 = 0.625
Ratio of new inflation rate to new unemployment rate = 1.6% : 6.2% = 0.258
Sacrifice ratio = Difference between the two ratios = 0.367 (0.625 - 0.258)
b) The sacrifice ratio is the difference between the old ratio and the new ratio of inflation rate to unemployment rate.
By being friendly and decent
Answer:
The correct answer is All of the options are true.
Explanation:
Proforma financial statements are projected statements. Generally, the data is forecast one year in advance, for example, in a transformation company the proforma status obtained based on the master budget is very complete, all projections are seen starting with the sales forecast and from this They make the other projections.
The Proforma Financial Statements are states that contain, in whole or in part, one or more assumptions or hypotheses in order to show what the financial situation or the results of the operations would be if they occurred.
Answer:
5,409 books
Explanation:
to calculate break even point in units we can use the following formula:
break even point in units = total fixed costs / contribution margin per unit
- total fixed costs = $53,000
- contribution margin per unit = sales price - variable costs = $12 - $2.20 = $9.80
break even point in units = $53,000 / $9,80 = 5,408.16 ≈ 5,409 books
in $, that would equal = 5,409 books x $12 per book = $64,908