What is the relationship between interest rates and aggregate spending?

Alex has saved $30 per week to buy a new Blu-Ray player. He compares two different models: a Panaview that is priced at $130 and

podryga [215]

Answer and Explanation:

The classification is as follows:

Alex could easily measured that Panaview have the less price - Unit of account as the money represent the measurement of unit of price

Alex saved $30 per week - Store of value as Alex is saving for use the money in near future

Alex pays $140 - Medium of exchange. In this alex would pay the money to purchase the Blu-ray

7 0

2 years ago

The reason that a person buys health or life insurance is to

Over [174]

D to limit the amount of financial loss if there is an illness or injury

6 0

3 years ago

Please help or going to jump off a really high bridge

Sedbober [7]

Answer:

join pa dlet to get the answers

Explanation:

7 0

3 years ago

In February of each year, the Carlton Hotel holds a very popular wine tasting event. Tickets must be ordered and paid for in adv

vodka [1.7K]

The realisation principle indicates that the revenue from these ticket sales should be recognised in the period in which the Wine tasting is held.

Explanation:

It complies with Revenue Recognition Accounting Policy 9. It will be a burden for the organization, until the moment services are provided for which the money is taken.

Revenue recognition is a GAAP which defines the specific conditions under which revenue can be recognized. Revenue recognition is a generally accepted concept of accounting. In fact, when the crucial event happened, profits are remembered and the value of the profit for the company is tangible.

For Example, when a product is sold, the profit accounting is relatively straightforward, and the customer pays the products. Nevertheless, the fact that a company takes a long amount of time to manufacture a commodity will confuse accounting. Consequently, there are a number of situations in which the concept of acknowledgment of profit may be excepted.

8 0

2 years ago

Mauro Products distributes a single product, a woven basket whose selling price is $13 per unit and whose variable expense is $1

Ira Lisetskai [31]

Answer:

Break-even point in unit sales = 2,300 units

Break-even point in dollar sales = $29,908.97 (Approx)

New break-even point in unit sales = 2,600 units

New break-even point in dollar sales = $33,810.14 (Approx)

Explanation:

Given:

Selling price = $13 per unit

Variable expense = $11 per unit

Fixed expense = $4,600

Computation:

Break-even point in unit sales = Fixed expense / [Selling price - Variable expense]

Break-even point in unit sales = 4,600 [13-11]

Break-even point in unit sales = 2,300 units

Contribution margin = [(13-11)] / 13 = 15.38%

Break-even point in dollar sales = Fixed expense / Contribution margin

Break-even point in dollar sales = $4,600 / 15.38%

Break-even point in dollar sales = $29,908.97 (Approx)

New break-even point in unit sales = [4,600+600][13-11]

New break-even point in unit sales = 2,600 units

New break-even point in dollar sales = Fixed expense / Contribution margin

New break-even point in dollar sales = $5,200 / 15.38%

New break-even point in dollar sales = $33,810.14 (Approx)

4 0

3 years ago