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The most important difference of the two or between
businesses in the profit and nonprofit organizations is that in terms of nonprofit
organizations, the organization owners does not make money, while the profit
organizations—it makes money for the organizations’ owners.
Answer:
$87,200
Explanation:
The computation of the total amount of merchandise purchase is shown below:
As we know that
Cost of goods sold = Beginning merchandise inventory + purchase of merchandise - ending merchandise inventory
$69,400 = $11,600 + purchase of merchandise - $29,400
$69,400 = -$17,800 + purchase of merchandise
So, purchase value of merchandise is
= $69,400 + $17,800
= $87,200
The systematic response coefficient from inflation, would result in a change in any security return of <u>3.2 βI</u>.
<u>Explanation</u>:
<em><u>Given</u></em>:
Expected rate of inflation = 3%
Actual rate of inflation = 6.2%
The change in security return can be calculated by obtaining the differences between actual and expected levels of inflation.
Change in security return= Actual rate of inflation- Expected rate of inflation
= 6.2%-3%
= 3.2%
<u>Change in security return= 3.2 βI
</u>
<u></u>