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3 years ago

The percentage of decrease in the average price of the economy’s goods and services is known as the __________.

Business

1 answer:

bonufazy [111]3 years ago

5 0

Deflation (where the average prices are positive, but falling) OR Disinflation where they are negative

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What is a tort? A. A breach of contract B. A legally-binding contract between two parties that includes consideration C. An agen

ElenaW [278]

I am positive it is D

Good luck!

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3 years ago

Merle Industries had been selling its product for $24 per unit, but recently lowered the selling price to $17 per unit. The comp

Lana71 [14]

Answer:

The company’s inventory be reported on the balance sheet as $3,150.

Explanation:

GAAP and IFRS requires that the inventory of the company should be recorded as Lower cost and Net realizable value of the inventory.

According to given data

Available Inventory = 210 units

Cost of Inventory = 210 units x $20 = $4,200

Net realizable value is the value of the inventory which can be recovered on the immediate sale. the current market value of the inventory is $15.

So,

Net realizable value is = 2,100 units x $15 = $3,150

As the Net realizable value is lower than the cost of the inventory, $3,150 should be reported as inventory on the balance sheet.

7 0

3 years ago

Why is it more difficult to get out of debt when only paying the minimum payment?

Artyom0805 [142]

When one keeps paying only the minimum amount, they will find getting out of debt harder because:

More interest will accrue on the balance left

When a person pays the minimum balance that they are supposed to pay on a loan, they will be leaving a larger portion of money to be paid back.

This amount will accumulate interest such that the debt will keep increasing because the interest needs to be paid back as well.

In order to get out of debt faster, it is recommended that you pay higher than the minimum because this would reduce the amount that interest is charged on which means that you would owe less interest.

In conclusion, paying the minimum balance leads to more interest accumulating which makes getting out of debt difficult.

Find out more at brainly.com/question/13711677.

7 0

2 years ago

After graduation, you face a choice. you can work for a multinational consulting firm and earn a starting salary (benefits inclu

Wittaler [7]

Answer: Accounting profit= $44,500

Economic Profit = $4,150

Explanation: Accounting profit are the profit earned by subtracting explicit cost from the total revenue earned.

$Accounting profit = Revenue - Explicit cost$

Economic profit are profits lefts out after subtracting implicit (opportunity) cost and explicit ( monetary) costs. It is given by

$Economic profit = Revenue - Explicit cost - Implicit Cost$

In this case, the explicit cost include rental cost, office supplies, office staff and telephone expenses.

While, implicit cost include the 7% interest foregone on the $5000 savings and the salary foregone ($40,000) by choosing to startup a business than take up the job.

3 0

3 years ago

Honda Motor Company is considering offering a $ 1 comma 800 rebate on its minivan, lowering the vehicle's price from $ 29 comm

zvonat [6]

Answer:

The cost of the rebate is that Honda will sell more vehicles and lose on each additional vehicle sold.

Explanation:

The cost-benefit analysis is a systematic approach that involves finding the marginal costs and marginal benefits associated with a particular decision, and then compare the benefits against the costs to determine whether the decision should be pursued.

To determine the costs and benefits in terms of incremental profits;

Benefit = Profit of $5,090 per vehicle × 13,500 (53200 - 39700) additional vehicles sold = $68,715,000

The cost of the rebate is that Honda will make less on the vehicles it would have sold:

Cost = Loss of $1,800 per vehicle × 39,700 vehicles that would have sold without rebate = $71,460,000.

There, Benefit - Cost = $ (68,715,000 - 71,460,000) = - $2,745,000 and offering the rebate does not look attractive.

The rebate being offered is not a good idea as the cost outweighs the benefit.

5 0

3 years ago