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12345 [234]
2 years ago
9

Which person would suffer the most from inflation?

Business
1 answer:
ddd [48]2 years ago
8 0
Gertrude I believe not 100 percent
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Sean and Yvette Durand live in Swarthmore, PA. Yvette's father, Bob, lives in Sweden. For each of the following transactions tha
Amanda [17]

Answer:

Any help

Explanation:

I need acndndndndndndmdndbdbzjdjdbdbddjwbbsbxbxbxbxbdhdbdb

8 0
3 years ago
an amount of 16000 is borrowed for 8 years at 3% interest, compounded annually. if the loan is paid in full at the end of that p
bezimeni [28]

He must pay back 20268.32 of amount after borrowing 16000 for 8 years at the interest rate of  3% for one year.

<h3>How to calculate loan amount ?</h3>
  • The term "Loan Amount" refers to the sum of money we currently owe you for this mortgage. The loan amount may also include other fees, interest , defaulted payments, interest on defaulted payments, principal, and interest on unpaid principal.
  • The amount of interest due each period expressed as a percentage of the amount lent, deposited, or borrowed is known as an interest rate. The total interest on a loaned or borrowed sum is determined by the principal amount.

Amount he borrowed = 16000

No. of years = 8 years

Rate of interest = 3%

Calculate full amount (A) :

Equation for A = P(1 + r/n)^(nt)

A =  16000(1 + .03)^8

A = 20268.32

He need to pay 20268.32 after 8 years.

To learn more about Loan amount refer :

brainly.com/question/26011426

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4 0
1 year ago
A trial balance:_____.
kakasveta [241]

Answer:

d. All of these answer choices are correct.

Explanation:

There are two sections namely debit sections and credit sections. The total of debit and credit sections is always be matched and equaled

The debit sections reports assets and expenses side

whereas, the credit sections reports revenue, stockholder equity, and the liability side.  

Moreover, the balances are used to prepare the financial statement i.e income statement, balance sheet, etc

The trail balance is prepared three times i.e non adjusted, adjusted and the post-closing trail balance

8 0
3 years ago
Imagine that to preserve the traditional way of life in small fishing villages, a government decides to impose a price floor tha
cestrela7 [59]

Answer:

As a result of the price floor, price would increase. As a result, quantity demanded will decrease and the quantity supplied would increase.

Supply would exceed demand and as a result there would be an excess supply of fish.  

As an alternative to the price floor, the government can subsidise the cost of fishing. This would reduce the cost of producing fish

Explanation:

A price floor is when the government or an agency of the government sets the minimum price of a product. A price floor is binding if it is set above equilibrium price.

6 0
3 years ago
The information below pertains to Basselier, Inc.:
wel

Answer and Explanation:

The journal entry to record the tax provision is given below:

Income tax expenses $48,840,000

Deferred tax assets ($10,900,000 ×0.40) $4,360,000

        To Deferred tax liability (($15,900,000 + $1,900,000)×0.40) $7,120,000

          To Income tax payable ($129,000,000 ×0.40) $51,600,000

(To record income tax expenses)  

Here the income tax expense and deferred tax asset should be debited as it increased the asset and expenses and credited the liability & tax payable as it increased the liability  

4 0
3 years ago
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