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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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LeMay Department Store uses the retail inventory method to estimate ending inventory for its monthly financial statements. The f
Rom4ik [11]

Answer:

See below

Explanation:

a. Estimated ending inventory and cost of goods sold for March

Costs Retail

Beginning inventory $44,000 $66,000

Add:

Net purchases $211,000 $404,000

Less:

Purchase return ($6,000) ($8,000)

Freight in $21,396 $0

Net markups $0 $6,200

Goods available for sale $270,396 $468,200

Less:

Net mark down $0 ($3,900)

Goods available for sale( after markup) $270,396 $464,300

b. Cost to retail percentage using average cost method

= [(Goods available for sale at cost(after markup / Goods available for sale at retail (after markup) ] × 100

= [($270,396 / $464,300)] × 100

= 58.24%

8 0
3 years ago
Every dollar flingers saves in purchasing has the same impact as what amount of increased​ sales?
Law Incorporation [45]

Answer:

The $20 amount of sales has increased

Explanation:

The amount of increased sales for the year 2014 is computed as:

Increased sales = Sales / Pre- tax earnings

where

Sales for the year amounts to $10,000,000

Pre- tax earnings for the year amounts to $500,000

Putting the values above:

Increased Sales = $10,000,000 / $500,000

= $20

Here we have to found, the increased sales, so only the sales amount and the earnings is considered while computing or evaluating the same.

NOTE: Here the question is missing as in the items are missing. So, I am providing the same. This is the question:

Flingers Company states the information in their annual report for the year 2014.

Earnings and Expense as:

Sales- $10,000,000

Cost of goods sold -$5,000,000

Pretax earnings -$500,000

Few Items of Balance Sheet

Merchandise inventory - $80,000

Total assets -$2,000,000

8 0
3 years ago
When we grow in relationship with ______________, we grow in relationship with God.
UkoKoshka [18]

Answer:

Explanation:

knowledge? Sorry if this dosent help! <3

3 0
3 years ago
Two major concepts in Operations Management are Efficiency and Effectiveness. Post a two paragraph discussion of each of these c
Ganezh [65]

Answer:

I hope you understand please give brainliest

Explanation:

Operations management involves planning, organizing, and supervising processes, and make necessary improvements for higher profitability. The adjustments in the everyday operations have to support the company's strategic goals, so they are preceded by deep analysis and measurement of the current processes

5 0
3 years ago
the marketing mix, often known as the four ps of marketing, represent areas that a firm can adjust to influence demand for its g
GrogVix [38]

if a firm want to adjust the cost of a service by 2% to stay competitive, such firm will be focusing on the <u>Price in marketing mix</u>.

<h3>What is a marketing mix?</h3>

In marketing, these mix refers to those elements of a business's marketing that are designed to meet the needs of its customers.

The four elements of marketing mix are often called 4 'Ps' and includes:

  • price
  • product
  • promotion
  • place.

In conclusion, the firm will be focusing on the Price in marketing mix if a firm want to adjust the cost of a service by 2% to stay competitive,

<u />

<u />

Read more about marketing mix

brainly.com/question/859394

#SPJ1

4 0
2 years ago
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