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Ymorist [56]
2 years ago
14

I need help with number 6 please

Business
1 answer:
Salsk061 [2.6K]2 years ago
3 0

Subtract 1 on both sides. Once you subtract 1 you would get 2/5x=10. Then you would multiply by 5/2 on both sides so you get rid of the fraction. A fraction mulitplied by its reciprocal is always equal to 1 and 10 multiplied by 5/2 is 25. So x=25


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If we look at the equation for money demand from Irving Fisher, which of the following statements is true?
Juliette [100K]

Answer:

The correct answer is option D.

Explanation:

The money equation given by Irving fisher is popularly known as fisher's equation.

The equation is given as MV=PT

Here, M represents money supply, V is the velocity of money, P is the price level and T refers to the volume of transactions or output level.

The supply of money refers to the quantity of money in existence while the velocity of transactions shows the number of times, money changes hands.  Together they show the volume of money in circulation.

P is the average price level and T represents the expenditures on all transactions or, in other words, output level.  

Here, V and T are assumed to be constant. This means that the money supply directly affects the price level.  

There is no explicit mention of the interest rate in this equation.  

So, option D is the correct answer.

6 0
3 years ago
You are the CFO of a US firm whose wholly owned subsidiary in Mexico manufactures component parts for your U.S. assembly operati
PSYCHO15rus [73]

Answer:

Explanation:

When the Peso depreciates by 30%, the firm can save money on the costs of production as the inputs would be less costly but the market for the firm in Mexico would be affected negatively as the depreciation of the peso would mean that now, the consumer can buy more goods with the same amount of money which will increase the demand. The loans that the subsidiary has taken would also be affected as it has to pay more for the collateral.

If the company reduces the inventory and stock the foreign receivables before the depreciation occurs to minimize the loss. Before the depreciation happens, the firm can convert the pesos denomination to the dollar so that its value doesn't fall.

8 0
2 years ago
Which of the following is the most important consideration when planning your budget
timurjin [86]
Do you have any like answer choices ?
6 0
3 years ago
Read 2 more answers
ssume that Spacey Company uses a periodic inventory system and has these account balances: Purchases $404,000, Purchase Returns
tiny-mole [99]

Net purchases including Freight-in and cost of goods purchased were $3666,000.

calculation:-

Purchases $404,000

Purchase Returns and Allowances $13,000

Purchase Discounts of $9,000,

Freight-In $16,000.

Net purchases and cost of goods purchased = ( $404,000 - $13,000 -$9,000 -  $16,000.)

Freight-in is the cost incurred to ship finished goods to a distributor or retailer. Freight-in is considered a selling expense and is expensed when incurred.

Freight-out is the cost of delivering finished goods to a customer. The cost of freight charges paid to ship goods sold to customers is called freight-out, and it is paid by the seller, not by the purchaser.

The shipping cost is to be paid by the buyer of merchandise purchased when the terms are FOB shipping point. Freight-in is considered to be part of the cost of the merchandise and should be included in inventory if the merchandise has not been sold. It is a direct expense and is thus debited to the trading account.

Learn more about  Freight-In here:-brainly.com/question/24920251

#SPJ4

3 0
1 year ago
What is your assessment of the strength of competitive pressures stemming from the threat of entry of new competitors into the N
djyliett [7]

Incomplete question. Assumed you are referring to this article;

Six years after turning the leadership of Costco Wholesale over to the then- president, Craig Jelinek, Jim Sinegal, Costco’s co-founder and chief executive officer (CEO) from 1983 until year-end 2011, had ample reason to be pleased with the company’s ongoing revenue growth and competitive standing as one of the world’s biggest and best consumer goods merchandisers. Sinegal had been the driving force behind Costco’s 35-year evolution from a startup entrepreneurial venture into the largest retailer in the United States, the seventh-largest retailer in the world, and the undisputed leader of the discounted warehouse and wholesale club segment of the North America retailing industry. Since January 2012, when Craig Jelinek took reins as Costco Wholesale’s president and CEO, the company had prospered growing from annual revenue of $89 billion and 598 membership warehouse at year-end fiscal 2011 to annual revenues of $126.2 billion and 741 membership warehouse at year-end fiscal 2017. Costco’s growth continued in the first nine months of fiscal 2018. 9-month revenue was $95.0 billion, up 12.0 percent over 9 months of fiscal 2017, and the company had opened four additional warehouses. As of June 2018, Costco ranked as the second-largest retailer in both the United States and the world.

<u>Explanation:</u>

Note, the threat arising from new competitors into a particular market refers to the likelihood that this company or business would overtake existing ones in their market share.

However, <em>recall </em>that we are told that Costco has been in the business for up to 35 years, and has become "the undisputed leader of the discounted warehouse and wholesale club segment of the North America retailing industry," this fact alone makes us and the new competitors weary of how difficult to acquire part of the market. This thus puts Costco at a competitive advantage.

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2 years ago
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