Answer:
The correct answer is economy of the nation.
Explanation:
Inflation has a consequence in companies, but we can say that it can cause an initial increase in benefits since wages and other costs are modified based on price variations, that is, they are altered once prices They have varied.
This results in increases in dividend payments, interest and capital investment. In addition, many people can increase their spending with the feeling that buying later can be more expensive. But this is the first initial action in some cases.
In this way, inflation at the national level can lead to an improvement in the trade balance if the same amount of goods can be sold but at higher prices. Even in spite of this, it is a value that distorts normal economic activity, since on the other hand it reduces the purchasing power of people and can lead to a reduction in consumption since you can not buy more.
Answer:
Total direct labor hours= 77,250
Direct labor cost= $911,550
Explanation:
Giving the following information:
Production= 51,500 units
Standard hours= 1.5 per unit
Standard rate= $11.8 per hour
<u>First, we need to calculate the direct labor hours required:</u>
Total direct labor hours= 1.5*51,500= 77,250
<u>Now, the direct labor cost:</u>
Direct labor cost= 77,250*11.8
Direct labor cost= $911,550
Answer:
$600
Explanation:
If instead of itemizing, Mary had elected the standard deduction last year, then she wouldn't have to include any state income tax refund on her current gross income. But since she itemized her deductions and actually deducted these $600 from her gross income last year, she must include them in he current gross income.
I would say d as investment banks are generally concerned with lending money to start up or fund business ventures. Commercial banks lend to almost anyone that can repay.
