Answer: 6%
Explanation:
Inflation increases prices in an economy and therefore makes a currency weaker because the currency will only be able to buy less than what it was able to.
Inflation therefore affects returns which is why the real returns are the more relevant measure.
The real interest rate accounts for inflation by using the formula:
= Nominal rate - Inflation rate
= 24% - 18%
= 6%
Cashiers at a department store are authorized to make price adjustments for customers of up to $25 without getting approval from their supervisors. This would suggest that the department store is a decentralized organization. In a company with decentralized organization the <span>decisions are not made centrally by the head of the company (in our case manager of the store and supervisors) , but decisions are made by mid-level or lower-level managers (cashiers in our case).</span>
Answer:
$16,500
Explanation:
Note: Work In Process simply mean the cost of Job which is not complete.
Work In Process = Direct Materials + Direct Labor + Overhead Cost
Work In Process = $3,000 + $4,500 + ($4,500*200%)
Work In Process = $3,000 + $4,500 + $9,000
Work In Process = $16,500
So, the balance in the Work in Process account at the end of September relative to Job A3B is $16,500.
Answer with Explanation:
The analysis includes the assessment of Non profit organization's efficiency both in fundraising and spending, economy of operations and the effectiveness of the operations. This can be explained with an example. For example if the non profit organization has an objective to increase the book reading habit because it believes that the people who read more are not violent personalities and in this way they can reduce the crime rate. So it has established number of libraries in different communities. Now we will look at at what cost it has acquired these libraries (Economy), how much people have visited these libraries (Efficiency) and whether the crime rate in the community has sufficiently fallen or not (Effectiveness). So this helps in understanding whether the objective was met or not.
However when we analyze the financial statement of profit making organizations then we use many profit and efficiency ratios to assess the performance of the organization. These ratios can also be helpful if the NGO is in business as well. But most of the NGOs rely on grants and these grants are subjective to their previous performance.
The NGOs are also required to publish reports according to the grant provider's enforced accounting principles, rules and guidelines. Just take the example of US-AID program that requires the Non profit organization to publish financial reports in specific format and enforces different Generally Acceptable Principles to be used in preparing these financial reports. So yes it is much more different in analyzing the financial statements of Non profit organization and profit making organization.
D: because it can't be C, B, A or because they have their own definition
