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3 years ago

Which of the following is a potential benefit of inflation?

2 answers:

6 0

The potential benefit of inflation would be : D. more business profit

During inflation, the average cost of the products that exist in the market would be increased.
Because of this, the average net income of the businesses that produced it will also be increased

hope this helps

andrey2020 [161]3 years ago

4 0

It is higher prices because inflation is the general increase of goods and services

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An advertisement that informs people what a company is, what it can do, and where it is located is referred to as a(n competitiv

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A competitive institutional advertising is a marketing strategy wherein a company describes itself and where is it located. It is an effective means of advertising because it creates a good image and has its unique philosophy that causes significant attraction to the consumers.

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3 years ago

Future Value of Annuity. Twins Jessica andJoshua, both 25, graduated from college andbegan working in the family restaurant busi

pav-90 [236]

Answer:

Jessica will have $611,816.70 at retirement.

Explanation:

a) Data and Calculations:

Jessica:

Annual contribution in IRA for 10 years = $2,000

Retirement age = 65 years

Interest rate per year = 10%

Annuity value for investing $2,000 annually is $35,062.33

FV (Future Value) $35,062.33

PV (Present Value) $13,518.05

N (Number of Periods) 10.000

I/Y (Interest Rate) 10.000%

PMT (Periodic Payment) $2,000.00

Starting Investment $0.00

Total Principal $20,000.00

Total Interest $15,062.33

Amount received after investing $35,062.33 for 30 years.

Using an online finance calculator:

FV (Future Value) $611,816.70

PV (Present Value) $35,062.33

N (Number of Periods) 30.000

I/Y (Interest Rate) 10.000%

PMT (Periodic Payment) $0.00

Starting Investment $35,062.33

Total Principal $35,062.33

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3 years ago

Wang Co. manufactures and sells a single product that sells for $640 per unit; variable costs are $352 per unit. Annual fixed co

yarga [219]

Answer:

The correct answer is 45%.

Explanation:

According to the scenario, the given data are as follows:

Selling price = $640

Variable cost = $352

Annual fixed cost = $985,500

Current sales volume = $4,390,000

So, we can calculate the contribution margin ratio by using following formula:

Contribution margin ratio = (Contribution margin per unit ÷ selling price per unit ) × 100

Where, Contribution Margin = Selling price - Variable cost

= $640 - $352 = $288

So, by putting the value in the formula, we get

Contribution margin ratio = ( $288 ÷ $640 ) × 100

= 0.45 × 100

= 45%

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3 years ago

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4 years ago

Eva, the owner of eva's second time around wedding dresses, currently has five dresses to be altered, shown in the order in whic

AlladinOne [14]

The correct answer is 2.2 hours.

I<span>f Eva uses the earliest due date priority rule, the order of the dresses will be as follows: W (1 hour processing time, 1 hour due); Y (2 hrs processing time, 3 hrs due); V (3 hrs processing time, 5 hrs due); Z (5 hrs processing time, 7 hrs due); X (4 hrs processing time, 9 hrs due).</span>

It's easier to do the next step using real numbers. For example, if it's 11am now and W is due in 1 hour, then W is due at noon. If Y is due in 3 hours, then Y is due at 2pm, etc. Then, you need to use the processing time to see how long it will take to make the dresses. For example, since W takes one hour to process, it will be done by noon, its due date.

This means that W and Y will be altered on time, V will be 1 hour late, Z will be 4 hours late, and X will be 6 hours late. To find the average tardiness, add these extra hours (1+4+6) = 11, and divide by the total number of dresses (even the ones that weren't late) 5: 11/5 = 2.2 hours.

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3 years ago