It is true that the general increase in prices over time we pay for goods and services is known as inflation.
<h3>What is inflation?</h3>
Inflation is the term used to describe an increase in the price of goods and services that households buy. It is determined by how quickly these prices fluctuate. Prices frequently rise with time, but they can also fall (a situation called deflation).
The main categories of inflation are as follows:
Demand-pull inflation: It explains how rising prices for products and services can result from increased demand. People will typically pay more for something if there is a shortage of it.
Cost-push inflation: When demand-pull inflation is active, it frequently starts up. Businesses must raise their pricing as a result of rising raw material costs, regardless of market demand.
Built-in inflation: Employees may start requesting pay increases from their employers as demand-pull inflation and cost-push inflation take place. Employers risk experiencing a labor scarcity if they don't keep their pay competitive.
Built-in inflation occurs when a company increases employee wages or salaries while also trying to maintain profit margins by boosting prices.
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Answer:
How long will it take them to cover the cost of refinancing = 29months
Explanation:
Number of months = $1,690 / $58
Number of months = 29 months
In a condition wherein a machine costing $148,000 and accumulates depreciation of $103,000 is sold for $59,000 cash, then the amount that should be reported as a source of cash under the cash flows from investing activities will be $59,000. Therefore, the option C holds true.
Cash flows from investing activities include the amount(s) spent by an organization over investing in different classes of assets with a view to pursue monetary returns. They include the amounts that are received or sent as cash at the time of purchase or sales of an asset of an organization.
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Complete question
g a machine with a cost of $148,000 and accumulated depreciation of $103,000 is sold for $59,000 cash. the amount that should be reported as a source of cash under cash flows from investing activities is:
a. Zero.
b. This is a financing activity.
c. $59,000.
d. $14,000.
e. This is an operating activity.
f. $45,000.
Answer: $47.50
Explanation:
The Price per share under Plan I can be calculated by the formula;
Price per share = Value of debt / (Number of shares under all-equity plan - Number of shares under Plan)
= 109,250 / ( 15,000 - 12,700)
= 109,250 / 2,300
= $47.50
Answer:
0.5
They are substitute goods.
Explanation:
Cross price elasticity of demand measures the responsiveness of quantity demanded of good A to changes in price of good B.
Percentage change in quantity demanded of burgers = (360 - 300) / 300 = 0.2 = 20%
Percentage change in price of hot dog = (2.10 - 1.50) / 1.5 = 0.4 = 40%
Cross price elasticity of demand = percentage change in quantity demanded/ percentage change in price
20 / 40 = 0.5
Elasticity of demand is less than 1, so demand is inelastic.
Also, the cross price elasticitiy is positive, so the goods are substitutes goods.
I hope my answer helps you
