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sergejj [24]
3 years ago
9

(a) Explain the quantity theory and(b) how does the theory explains the cause of inflation​

Business
1 answer:
n200080 [17]3 years ago
5 0
The quantity theory is a framework to understand price changes in relation to the supply of money in an economy.

It assumes an increase in money supply creates inflation and vice versa.
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What three colors are used to create the color white on a tv or computer screen?
vivado [14]
Red yellow and blue because when they are all moved at a high speed they combine to make white
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3 years ago
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Given the following data, calculate the total product cost per unit under variable costing. Direct labor $ 3.50 per unit Direct
labwork [276]

Answer:

$7.05

Explanation:

Given that

Direct labor = $3.50 per unit

Direct material = $1.25 per unit

Variable overhead = $41,400

Total fixed overhead = $150,000

Produced units = 18,000

The computation of total product cost per unit under variable costing is shown below:-

Total Variable overhead = Variable overhead ÷ Produced units

= $41,400 ÷ $18,000

= $2.3

Total product cost per unit = Direct labor + Direct material + Total variable overhead

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= $7.05

3 0
3 years ago
What reason does Macbeth give for killing King Duncan's guards?
Ber [7]

Answer:

Macbeth claimed that he had found the guards covered in the blood of King Duncan.

Explanation:

He further used this to explain how the sight drove him to a point of extreme grief and being so distraught he was overcome with the need to avenge the murder of his King. Using this false story, Macbeth was successful in diverting any suspicion from him without the need of potential suspects -meaning there would be no one to argue or prove their innocence if whoever was blamed for it was no longer living.

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5 0
3 years ago
The following information was available for the year ended December 31, 2016: Net sales $ 857,750 Cost of goods sold 609,550 Ave
mario62 [17]

Answer:Inventory turnover = 3.50 Times

Number of days sales in inventory= 94.5 Days

Accounts Receivable Turnover = 21.5 Times

Number of days sales in accounts receivable =12.5 days

Explanation:

a) Inventory turnover  = Cost of goods sold / Average inventory

$609,550 / $174,000 = 3.50 Times

b)Number of days sales in inventory = inventory at year end / Cost of goods sold x 365

$157,800 / $609,550  x 365 = 94.49≈94.5 Days

.

c)Accounts Receivable Turnover  = Net sales / Average accounts Receivable  for the year

$857,750/$39,900 = 21.49≈ 21.5 Times

d)Number of days sales in accounts receivable = end of year Accounts Receivable / Net credit sales x 365

$29,400 / $857,750  x  365 = 12.51 ≈ 12.5 days

8 0
3 years ago
Wendy is a college student in her sophomore year. she is single with no kids, has vegetation paid for by scholarship. what type
AlekseyPX

Answer:

none of the above

Explanation:

6 0
3 years ago
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