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ale4655 [162]
3 years ago
9

Given a fixed nominal interest rate on a loan, unanticipated deflation:

Business
1 answer:
jolli1 [7]3 years ago
6 0

Deflation means that your money has more buying power, thus it decreases the burden of paying off your loan because (in theory) you would have more money available to pay your loan since other prices have gone down.

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Give an example of a public franchise and an example of a public enterprise. an example of a public franchise is
Masja [62]
<span>I took this before, it's a firm that is the​ sole, government-designated provider of electricity​, and an example of a public enterprise is the government directly providing sewage service.

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6 0
3 years ago
The following is a condensed version of the comparative balance sheets for Sweet Corporation for the last two years at December
notsponge [240]

Answer:

Cash flow from operating activities

Net income                                                      $352,000

<u><em>Adjustment to reconcile net income to </em></u>

<u><em>net Cash flow from operating activities</em></u>

Depreciation expense                                    $26,350

Loss on investment sold                                 $15,500

Decrease account receivable                         $7,750

Decrease current liabilities                            <u>-$26,350</u>

Net cash flow from operating activities                              $348,250

Cash flow from investing activities

Sale of investment                                           $12,100

Purchase of equipment                                 -<u>$89,900</u>

Net cash used investing activities                                       -<u>$77,800</u>

Cash flow from financing activities

Dividend paid                                                  -$66,000  

Net cash used financing activities                                       -<u>$66,000</u>

Net cash increase (decrease)                                              $204,450

Beginning Cash                                                                     <u>$120,900</u>

Ending Cash                                                                          <u>$325,350</u>

6 0
3 years ago
Rice Co. was incorporated on January 1, Year 6, with $500,000 from the issuance of stock and borrowed funds of $75,000. During t
Mkey [24]

Answer:

B) $617,000

Explanation:

Issuance capital of 500,000 shall remain constant. Out of the current year net earnings 25000 we are paying 2000 as dividend so, that adds to the owners equity = 23000.

Total liabilities = total assets = 500000 + 23000 + 94000 = 617000

8 0
3 years ago
Incomplete manufacturing costs, expenses, and selling data for two different cases are as follows.(a) Indicate the missing amoun
Sliva [168]

Answer:

Incomplete manufacturing costs:

                                                              Case 1               Case 2

Direct materials used                          $9,700              $3,900

Direct labor                                             5,100                 8,100

Manufacturing overhead                       8,400                 4,100

Total manufacturing costs                  23,200               16,100

Beginning work in process inventory    1,100                 9,100

Ending work in process inventory        7,200                 3,100

Sales revenue                                     25,000              31,500

Sales discounts                                     2,600                 1,500

Cost of goods manufactured               17,100               22,100

Beginning finished goods inventory   5,000                 3,400

Goods available for sale                     22,100              25,500

Cost of goods sold                             18,600              22,900      

Ending finished goods inventory        3,500                 2,600

Gross profit                                          3,800                  7,100

Operating expenses                           2,800                  2,000

Net income                                          1,000                   5,100

Explanation:

To work out the missing figures involves some manoeuvres of the figures, working up or down as the case may be.  For example, to calculate the cost of goods sold in Case 1, I deducted the ending inventory of finished goods from the Goods available for sale.  With this figure, it becomes possible to work out the Gross profit and the Net income.

3 0
3 years ago
Time, energy, and money are examples of:
KengaRu [80]

Answer:

Flexible resources

Explanation:

Flexible resources are defined as those that can be utilised under different categories of resource groups.

They are able to serve multiple functions.

For example money can be used for different activities like production of goods, training of staff, purchase of raw materials, and so on.

Time can be allocated to different endeavours.

Same applies to energy. It can be focused on pursuing various objectives

8 0
3 years ago
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