People and procedures for assessing information needs, developing the needed information, and helping decision makers use the information. Hope it is helpful. Peace✌️
Higher than 4.0 if it's weighted
Answer:No, ACE cannot repossess the sailboat purchased by Wally.
Explanation:
Marina Inc. is a firm that sell and services sailboat in it's ordinary course of business, in the same vein ACE financing it's inventory is in line with normal course of business.
ACE cannot repossessed the sailboat from Waliy because selling sailboat it's Marina ordinary course of business.
ACE also knew before signing the inventory financing contract that Waliy will sell the inventory to third parties.
Answer:
The correct answer is option b.
Explanation:
Inflation refers to the continuous and sustained growth in the general price level. As the price level rises, it reduces the purchasing power or value of cash balances held by the consumers to reduce. This causes real income to decline.
A certain level of inflation is desirable in an economy to promote growth but a high rate of inflation is harmful. Inflation can be of several types such as
- Demand-pull inflation
- Cost-push inflation
There are several measures used to calculate inflation, for instance, the consumer price index. To correct inflationary pressures, a government uses contractionary fiscal and monetary policy.
Answer:
liabilities decrease and owner's equity decrease
