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Bess [88]
3 years ago
8

What do inflation rates measure?

Business
1 answer:
My name is Ann [436]3 years ago
6 0

Answer:

C. The speed with which general prices are rising

Explanation:

Inflation measures the rate at which the general prices of goods and services are increasing in an economy. During inflation, the purchasing power of a country's currency is eroded.  Inflation means a selected basket of goods will cost more this period than it did in the previous season.

The consumer price index or CPI is the most acceptable index used in determining the rate of inflation. Inflation may result from high economic growth where firms and individuals have increased incomes resulting in too much money in circulation.  A moderate level of inflation is required to promote spending and sustain favorable economic growth.

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Peter Company acquired 75 percent of Sally Company on January 1, 2019 for $712,500. During 2019, Sally purchased inventory for $
dezoksy [38]

Answer:

Journal entry to eliminate Sale to Peter Company

Debit : Sales Revenue (Sally Company ) $50,000

Credit : Cost of Sales (Peter Company) $50,000

Explanation:

Peter Company and Sally Company are in a group and Peter Company is the Parent whilst Sally Company is the subsidiary.

For 2019 Eliminate an Intragroup Transactions that occur between Peter Company and Sally Company.

8 0
3 years ago
Repost because it got lost in a sea of questions)
saveliy_v [14]

Answer:

YESSSSSS

Explanation:

3 0
3 years ago
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Scenario: You have advised the owner of Bond's Gym that the best thing to do would be to raise the price of a monthly membership
Lyrx [107]

Current members will pay more per month.

The quantity demanded for memberships will decrease.

The owner will make more money.

7 0
3 years ago
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Jones Corporation reported current assets of $191,800, current liabilities of $137,000, and total liabilities of $275,714 on its
VMariaS [17]

Based on the information given the current ratio is:1.4.

<h3>Current ratio</h3>

Using this formula

Current ratio=Current assets/Current liabilites

Where:

Current assets=$191,800

Current liabilities=$137,000

Let plug in the formula

Current ratio=$191,800/$137,000

Current ratio = 1.4

Inconclusion the current ratio is:1.4.

Learn more about current ratio here:brainly.com/question/2686492

4 0
2 years ago
When riley comes to the united states to take a job, he is surprised that his co workers conduct business lunches with their cli
xxTIMURxx [149]
Riley like comes from a high-text culture. High-context cultures rely heavily on implicit and heavy context when conducting business. Implicit communication are comments that are hinted to someone or about something but do not directly imply what they are meaning. There is no fun and play in business and business is taken seriously when in an office setting only. 
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