Financial markets bring together people interested in purchasing or selling <br> what?

Inflation is undesirable because it: Multiple Choice always makes the nation poorer. redistributes income from those who can rai

Firlakuza [10]

Inflation is undesirable because it redistributes income from those who can raise prices to those who cannot.

<h3>What is inflation?</h3>

In the field of economics, inflation refers to an overall rise in the cost of goods and services throughout a nation.
Each unit of currency may purchase fewer products and services as the general price level rises, hence inflation is associated with a decline in the purchasing power of money.
A general increase in prices over time diminishes customers' purchasing power because a constant quantity of money will eventually allow for less consumption.
Whether inflation is running at 2% or 4%, consumers still lose purchasing power; the higher inflation rate only doubles that loss.
Those interest rates that are fixed for the duration of the loan, won't fluctuate in line with inflation.

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8 0

2 years ago

Maas LLP developed software that helps farmers to plow their fields in a manner that prevents erosion and maximizes the effectiv

Dafna1 [17]

Answer:

The correct option is D. $ 20,000

Explanation:

$ 20,000 is the revenue that will recognize in the first year of the contract Because the company Mass LLP will have no more continuing involvement with the Company Sunny Dale.

All the license transfers a right of use to Sunny Dale, and all license revenue $20,000 will be recognized upon transfer of control of the software to the customer

4 0

3 years ago

Hagos Corporation is working on its direct labor budget for the next two months. Each unit of output requires 0.84 direct labor-

Naya [18.7K]

Answer:

$31584

Explanation:

Solution

The first step is to compute the total direct labor hours required for production:

Now for the month of June,

The total direct cost of labor = The produced Unit * The Hours per unit

= 2100 * 84 hours per unit

It gives us

=1,764 Hours

For the month of July,

The total direct cost of labor = The produced Unit * The Hours per unit

= 1900 * 84 Hours per unit

= 1,596 Hours

Next is to calculate the direct labor cost.

For the month of June

Direct labor cost = Direct labor hours * The rate per direct labor hour.

= 1,764 Hours * $9.40 per hour

= $16581.6

For the month of July

Direct labor cost = Direct labor hours * The rate per direct labor hour.

= 1,596 Hours * $9.40 per hour

= $15002.4

Now,

We will compute pr find the combined direct labor cost for the two months

The combined direct labor * Direct labor cost (June) + Direct labor cost (July)

Which is now,

= $16581.6 + $15002.4 = $31584

Therefore the combined direct labor cost for the two months is $31584

7 0

4 years ago

Outside directors are defined as

Westkost [7]

Answer:

B) individuals on the board who are not employed by the board's corporation.

Explanation:

The outside director are those director who are not employee of the company they only receive their fee per meeting. These directors are also known non executive director. Their objective is to protect the interest of shareholders by supervising different fiction of business and ensure that shareholder's interest is safe.

8 0

3 years ago

Mary signed up and paid $600 for a 6 month ceramics course on June 1st with Choplet Ceramics. As of August 1st, Choplet’s accoun

inessss [21]

Answer:

$200 of revenue, $400 of deferred revenue

Explanation:

The journal entry to record the entry on August 1 is shown below:

Unearned revenue A/c Dr $200

To Revenue $200

(Being the two-month revenue is recorded)

The computation is shown below:

= Six-month revenue × number of months ÷ total number of months

= $600 × 2 months ÷ 6 months

= $200

The two months is calculated from June 1 to August 1

The remaining balance would be transferred to the deferred revenue account

= $600 - $200

= $400

4 0

3 years ago

Financial markets bring together people interested in purchasing or selling what?