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3 years ago

Inflation can decrease _____, which reduces the amount of goods and services a person can afford

2 answers:

7 0

Inflation is the situation in which the same amount of money is worth less- meaning that it will have less purchasing power (so one can buy less for 100 dollars now than 10 years ago) - the correct answer is "purchasing power". Lower purchasing power reduces the number of goods that people can afford.

vivado [14]3 years ago

5 0

Answer:

Purchase power

Explanation:

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After conducting a market research study, Magnificent Manufacturing decided to produce a new interior door to complement its ext

marta [7]

Answer:

Target sales revenue = $7,830,000

Explanation:

given data

target price = $270

annual target sales volume = 29,000

target operating income = 40%

to find out

Target sales revenue

solution

we will get here Target sales revenue that is express as

Target sales revenue = target price × annual target sales volume .................1

put here value we get

Target sales revenue = $270 × 29000

Target sales revenue = $7,830,000

6 0

3 years ago

homeworklib Assume the following for White Top Inc. for the current fiscal year. White Top applies overhead on the basis of unit

Naya [18.7K]

Answer:

50,500 Units

Explanation:

The computation of the number of units produced is shown below:

Overhead rate is

= $200,000 ÷ 50,000 units

= $4 per unit

The Actual overhead is $222,000

So,

Under applied overhead is $20,000

Now

Applied overhead is

= $222,000 - $20,000

= $202,000

And, finally

Actual unit produced is

= $202000 ÷ 4

= 50,500 Units

6 0

3 years ago

Elinore is asked to invest $ 4 comma 900 in a friend's business with the promise that the friend will repay $ 5 comma 390 in on

Mandarinka [93]

Answer:

0.09 or 9%

Explanation:

This question has some irregularities. The correct question should be :

Elinore is asked to invest $4,900 in a friend's business with the promise that the friend will repay $5,390 in one year's time. Elinore finds her best alternative to this investment, with similar risk, is one that will pay her $ 5,341 in one year's time. U.S. securities of similar term offer a rate of return of 7%. What is the opportunity cost of capital in this case?

Solution

Given from the question

Investment (I) = $4,900

Return on investment (ROI) in one year = $5,341

Rate or opportunity cost of capital r is given by

ROI = I × (1 + r)

input the given data

$5,341 = $4,900 (1 + r)

$5,341 = $4,900 + $4,900r

$5,341 - $4,900 = $4,900r

r = ($5,341 - $4,900) / $4,900

r = 0.09

Or 9% in percentage

6 0

3 years ago

During its first year of operations, Maria Rose invested $25,000 in Roseland Inc. in exchange for its common stock. The company

Mazyrski [523]

Answer:

$80,000

Explanation:

During the first year of oeration Maria Rose invested $25,000 in Roseland incorporation

The company earned $68,000 in revenue

They incurred expenses of $32,000

A cash dividend of $5,000 was paid out to Maria

The company owed $24,00£ to its creditors

Assets = liabilities - equity

The first step is to calculate the equity

Equity= common stock - dividend + revenue-expenses incurred

= $25,000-$5,000+$68,000-$32,000

= $20,000+$36,000

= $56,000

Therefore the company's assets can be calculated as follows

= $24,000 + $56,000

= $80,000

Hence the total company's assets is $80,000

8 0

3 years ago

If total revenue goes up when the price falls, demand is said to: be price unit-elastic. have positive price elasticity. be pric

Sholpan [36]

The answer to this item is letter <em>C. PRICE ELASTIC. </em>

The price elastic demand as stated in this given corresponds to the increase or rise in the total revenue when the price is brought down or decreased. This is indicated by the PED (price elasticity of demand).

The total revenue is calculated by multiplying the total items, good, or services sold by the unit price. For the demand which is price elastic, the decrease in the price will cause a higher raise in the number of customer vying for the products and services.

7 0

4 years ago