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kykrilka [37]
3 years ago
11

Inthe 1920's, the value of the German mark fell dramatically. in June 1922, a U.S. dollar could buy 320 marks; by December of th

at same year, it could buy 8,000 marks.
What is the economic term for a very high rate of inflation such as the one experienced by Germany in the 1920's?

A. Inflation
B. Disinflation
C. Hyperinflation
D. Deflation
Business
1 answer:
muminat3 years ago
5 0

Answer:

The answer is C: Hyperinflation

Explanation:

Hyperinflation is high and accelerating form of inflation. It results in quick decline of the local currency`s real value. It also leads to increased prices of all goods and consumables

From the data,

In June 1922, 1 german Mark was equal to 0.003125 USD (1/320)

Whereas in December, 1922, the same german Mark was equal to 0.000125 USD. (1/8000)

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Assume that the fair values of the investee's net assets approximated the recorded book values of the investee's net assets, exc
Andrew [12]

Answer:

I could not find the exact details related to this question so here is a similar question to guide you.

Goodwill = Acquisition Price - Net book value (Investee)

= 75,000 - ( Assets - Liabilities)

= 75,000 - ( 90,000 - 40,000)

= $25,000

Identifiable noncurrent assets is overstated by $10,000 however. This will have to be adjusted for tax and then removed from Goodwill to find the Net goodwill that should be reported in the investor's consolidated balance sheet prepared immediately after this business combination.

= 10,000 ( 1 - 40%)

= $6,000

Net Goodwill = 25,000 - 6,000

<h2>= $19,000</h2>

8 0
3 years ago
What was the initial problem in this case?
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Explanation:

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8 0
3 years ago
When incorporating, a business a. may incorporate in any state it chooses. b. must incorporate in the state in which it does the
finlep [7]

Answer:

B. may incorporate in any state it chooses.

Explanation:

3 0
3 years ago
Which is more important integrity or trustworthiness
jarptica [38.1K]
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4 0
2 years ago
Suppose you are 45 and have a $50,000 face amount, 15-year, limited-payment, participating policy (dividends will be used to bui
taurus [48]

Answer:

The Net cost of insurance $13,129.

Explanation:

Annual premium (15 years) $15,000 ($1,000 × 15 years)

Time value of money

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+$10,129 ($25,129 - 15,000)

Total cost of policy $25,129 ($15,000 + 10,129)

Cash value (end of 15 years) -$12,000

Net cost of insurance $13,129 ($25,129 - 12,000)

At a 7 percent annual yield, your account would have accumulated to $25,129 in 15 years. You have paid $13,129 for 15 years of insurance protection.

8 0
2 years ago
Read 2 more answers
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