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3 years ago

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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Claire wants to take out a small personal loan to renovate her kitchen. She borrows $3,000. Her loan has an annual compound inte

Elan Coil [88]

Answer: $12,136.67

Explanation:

8 0

3 years ago

Read 2 more answers

Garrett has just purchased a beer distributorship. He wants to increase the visibility of his firm in local markets, but he know

sattari [20]

Answer: (A) Identify issues that need to be addressed

Explanation:

According to the given question, on the basis of the Ethical decision framework the first thing that the Garrett should do is to identifying the main issue or problem and then it is need to be addressed so that we can effectively resolve the given problem timely.

For promoting the alcoholic beverages, Garrett firstly going thought all the Ethical principle and the practices so that it can help him to make the effective decisions for the purpose of promoting and increase the visibility of alcoholic beverages to the customers or users in the local market.

Therefore, Option (A) is correct answer.

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3 years ago

Which of the following transactions would NOT be acceptable to the IRS as a means of switching the taxable income to another tax

hodyreva [135]

Answer:

B) Transferring interest income from a taxpayer's investment to his young daughter

Explanation:

If you want to pay less taxes there are two basic ways that you can do it:

moving income (and deductions) to a more favorable tax jurisdiction, e.g. many multinational corporations did this by setting foreign headquarters that managed sales outside the US
moving income form a tax payer that falls under into a high tax bracket to another taxpayer that falls under a lower tax bracket, e.g. giving stock to your children as a gift

5 0

3 years ago

Sales revenue $350,000 Accounts receivable $280,000 Ending inventory $230,000 Cost of goods sold $180,000 Sales returns $50,000

sesenic [268]

Answer:

$100,000

Explanation:

The computation of gross profit is shown below:-

Gross profit = (Sales revenue - Sales return - Sales discount) - Cost of goods sold

= ($350,000 - $50,000 - $20,000) - $180,000

= $280,000 - $180,000

= $100,000

Therefore we simply applied the above formula for determining the gross profit

4 0

3 years ago

Jordan has the following assets and liabilities:-Two Cars $10,000-House $200,000-Mortgage $100,000-Cash $1,000-Car Loans $3,000-

Ilia_Sergeevich [38]

Answer:

The correct option is B. $109,000; $213,000; $104,000

Explanation:

For computing the wealth, first, we have to compute the assets and liabilities value

So, the assets = Cars + House + cash + checking account balance

= $10,000 + $200,000 + $1,000 + $2,000

= $213,000

So, the liabilities = Mortgage + car loans + credit card balance

= $100,000 + $3,000 + $1,000

= $104,000

we apply the accounting equation which equals to

Assets = Liabilities + shareholder equity

And, the wealth equal to

= Assets - Liabilities

= $213,000 - $104,000

= $109,000

Hence, Jordan's wealth is $109,000, the value of Jordan's assets is $213,000, and the value of Jordan's liability is $104,000.

Therefore, the correct option is B. $109,000; $213,000; $104,000

3 0

3 years ago