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padilas [110]
3 years ago
7

Assume that the nominal interest rate is 11 percent, the inflation rate is 8 percent, and government debt at the beginning of th

e year equals $4 trillion. By how much is the government budget deficit overstated as a result of inflation?
A) $0.12trillion
B) $0.32trillion
C) $0.44trillion
D) $0.80trillion
Business
1 answer:
andreyandreev [35.5K]3 years ago
4 0
The answer is C. You’re welcome
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Answer:

Entry for december 1, 2021:

Purchase Inventory=$853,000

Liability on purchase commitment=$902,900-$853,000

Liability On purchase commitment=$49000

Cash=$902,900

Explanation:

Entry for december 1, 2021:

Purchase Inventory=$853,000

Liability on purchase commitment=$902,900-$853,000

Liability On purchase commitment=$49000

Cash=$902,900

3 0
3 years ago
PM Industries has two service departments (Administration and Maintenance) and two operating departments. Departmental costs bef
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Answer:

The answer is " 873,529.412"

Explanation:

Following are the equation which the administration would be responsible for the costs of the maintenance departments:

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6 0
2 years ago
Farrah, a regional manager for an hvac equipment retailer, received an e-mail from the ceo outlining the new goal of decreasing
Semmy [17]

It is true that the goal received by regional manager Farrah, to reduce the company's costs in the next three years corresponds to an example of a strategic objective.

<h3 /><h3>Strategic planning</h3>

It corresponds to a document where the course of actions that will cover the medium and long term organizational are detailed so that the stipulated objectives and goals are achieved.

Therefore, the strategic objectives of a company will be contained in the strategic planning, and can be understood as the definition of the results that it intends to achieve in a period of time, to increase the vision and the organizational results.

Find out more information about strategic objective here:

brainly.com/question/24462624

7 0
2 years ago
HELP PLZZZ NEED THIS FAST
Helen [10]
My head hurts reading this...
6 0
3 years ago
Read 2 more answers
Sam, alfredo, and juan want to start a small u.S. Business. Juan will fund the venture but wants to limit his liability to his i
Ugo [173]

Answer: These individuals must enter into a <u>limited partnership.</u>

When a partnership has at least one General Partner and one Limited Partner, the partnership is called a limited partnership.

The general partners bear all the risk of the partnership and are jointly and severally liable for the debts of the partnership.

The limited partner contributes funds, but in not involved in the management of the partnership.

As a result he is not personally liable for the debts of the partnership.

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