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omeli [17]
3 years ago
9

Bull City Industries is considering issuing a $100,000, 7% note to a creditor on account.

Business
1 answer:
nignag [31]3 years ago
8 0

Explanation:

......... ............n

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If the money supply is growing at a rate of 1010 percent per​ year, real GDP​ (real output) is growing at a rate of 11 percent p
Nat2105 [25]

Answer:

The correct answer is 999%

Explanation:

We will use the Quantity Theory of Money to solve this simple question.

The Quantity Theory of Money equation is equal to:

ΔM X V = ΔP X ΔY

Where:

  • ΔM = Change in Money supply
  • V = Velocity, which does not change, because it is assumed to be constant
  • ΔP = Change in prices, or inflation
  • ΔY = Change in output or GDP

According to this theory, inflation is equal to:

ΔP = ΔM + V - ΔY

Replacing...

ΔP = 1010% + 0 - 11%

ΔP = 999%

So the price change, or inflation rate is 999%.

8 0
3 years ago
The acquisition cost of a plant asset does not include multiple choice incidental costs, such as title fees, sales commissions,
Naddika [18.5K]

Answer:

The answer is ' repair costs resulting from damage to the plant asset while it was being unpacked'

Explanation:

The acquisition cost of a plant asset does not include repair costs resulting from damage to the plant asset while it was being unpacked. Why? - Because this doesn't lead to the improvement of the asset.

Acquisition costs comprise the commission paid, legal fees, cost of improving the assets and all necessary cost paid to get the assets running.

7 0
3 years ago
Complete the missing word in the sentence below to progress!
iren2701 [21]

for a business to be viable,it must make a good or proper sales

7 0
3 years ago
Read 2 more answers
Bob is willing to pay $65 for a new pair of shoes. bill is willing to pay $50 for the same shoes. the shoes have a price of $45.
iVinArrow [24]
The surplus to be determined in this problem is equal to the difference between the money willing to be paid and the value of the purchase. hence for Bob, surplus value is equal to 65- 45 or $20 while that of Bill is equal to 50-45 or $5. The total surplus for both boys is equal to $20 + $5 or $25.
3 0
3 years ago
"Based on historical figures, how much would you LOSE by putting your money in a savings account compared to investing in the st
Mama L [17]

Answer:

4.5% annual interest.

Explanation:

Assuming that we are talking about a specific Savings Account then we can say that the average APY on a savings account such as HSBC savings is 2.5% per year. On the other hand, the stock market has an average APY of 7% annually. Therefore, in order to find how much you would lose by putting your money in a savings account, we would need to subtract the savings account APY from the stock market APY.

7% - 2.5% = 4.5%

We can see that what you would lose in opportunity cost is 4.5% annual interest.

6 0
3 years ago
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