Answer:
<em>Deflation</em>
Explanation:
<em>Deflation is the overall decrease in products and services prices when the rate of inflation drops below 0%</em>. it naturally occurs when an economy's money supply is fixed.
The buying power of currency and salaries in moments of deflation is greater than they would have been.
This is different but comparable to <em>price deflation, which is a general price level reduction.</em>
Answer:
Inventory turnover
Explanation:
From the question we are informed Mayree who is the owner of Spines Books, a small eclectic-style bookstore in a bustling college town. Mayree prides herself in selecting hard-to-find books and magazines that her clientele enjoy. Recently, Mayree is experiencing a cash flow shortage, and she is concerned that she may be purchasing too many copies of each title. Having recently completed a business class, I can suggest to Mayree that she calculate the Inventory turnover ratio for her store, and then compare it to other stores in her industry. Inventory turnover can be regarded as rate at which particular company make sales of it's stock of goods and make replacement of its stock of goods during a particular period.
The inventory turnover ratio can be regarded as formula which is cost of goods that is been sold divided by average inventory within the same period.
Mathematically,
inventory turnover=[Net sales/ Average inventory at particular selling price]
Answer:
Explanation:
Journal entry is a record of transaction in their respective accounts using the debit and credit system. Debit entry represents an increase and credit a decrease.
S / NO Particulars Debit Credit
1 Cash 200,000
Share stock 200,000
2 Inventory 483,000
Account payable 483,000
3. Account receivable 675,000
Sales 675,000
Cost of goods 405,000
Inventory 405,000
4 Cash 562,000
Account receivable 562,000
5 Account payable 431,000
Cash 431,000
6 Motor Vehicle 39,000
Cash 39,000
7 Rent 25200
Prepaid rent 2100
Cash 27300
8 Operating Expenses 20,000
Cash 18,000
Operating exp payable 2,000
9 Depreciation 2,000
Motor Vehicle 2,000
10 Dividends payable 8500
Cash 8500
Incomplete question. Here's the remaining question;
A. It is a two-party instrument.
B. It necessitates that the seller has to be both the drawer and the payee.
C. It is always payable on demand.
D. It requires that the drawer is holding the drawee's money.
Answer:
C
Explanation:
Note that, to be always paid on demand implies that any time a request is made (demanded) to the bank will be fulfilled.
Therefore, an individual has a sense of security using checks to receive payments.
Answer:
Office building
Explanation:
The formula to compute the return on investment is shown below:
Return on investment = Operating Income ÷ Average Operating Assets
It is a mix of operating income and the average operating assets through the return on investment could be computed
Since the return on investment is already given in the question
And, the higher return on investment is the best one for property use
So the office building has a higher return on investment i.e 13.5% which reflects the best for property usage.
