Answer:
E. Mission statement.
Explanation:
A mission statement expresses the purpose of the organization. Whether the organization is for-profit or nonprofit, the mission statement identifies the goods or services the organization provides and will provide. Sometimes it also gives the reasons for providing them (to make a profit or to achieve humanitarian goals, for example).
Answer:
Statement of Owners' Equity
For the Year Ended May 31, 20Y6
Common stock account balance June 1, 20Y5 $60,000
Retained earnings account balance June 1, 20Y5 $300,000
Common stock issued during the year $40,000
Net income <u> $135,000</u>
Subtotal $535,000
Dividends distributed <u> ($10,000)</u>
Total stockholders' equity $525,000
- Common stock balance May 31, 20Y6 $100,000
- Retained earnings balance May 31, 20Y6 $425,000
Explanation:
net profit = $900,000 - $300,000 - $15,000 - $450,000 = $135,000
Answer:hahah
Explanation:u are so unsmart hahah lol
Benefits of small amounts of inflation include more expansionary monetary policy, the placebo effect, and the facilitation of relative price changes.
<h3>What is meant by inflation?</h3>
Inflation is the term used to describe the rate of price rise for goods and services.
It is sometimes used to categorize inflation according to cost-push, demand-pull, and built-in factors.
The two most popular inflation measures are the Consumer Price Index and the Wholesale Price Index.
Inflation can be viewed favorably or badly depending on the perspective and rate of change.
Inflation may be advantageous for those who own tangible assets since it will raise the value of their holdings, such as real estate or goods that are kept in storage.
Inflation's primary causes include:
- Consumer-driven inflation
- Price-driven inflation
- more money available
- Devaluation
- increasing pay
- Regulations and policies
Benefits of Inflation: In order to meet increasing demand, production must increase. Additionally, debtors benefit from inflation because they can return their loans with funds that are less valuable than the funds they borrowed. This promotes borrowing and lending, which boosts expenditure on all levels once more.
To know more about inflation refer to: brainly.com/question/15692461
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Answer:
less than one
Explanation:
In the case when the demand of the product is inelastic that means the value of the price elastic of demand would be less than one
Therefore as per the given situation the last option is correct
And, the rest of the options are incorrect
So the same is relevant
