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Rzqust [24]
3 years ago
13

Ten years ago, a smoothle at Kay's Smoothies cost $1.25. Today it costs $2.00. In order to attribute this price increase of smoo

thies at Kay's to
Inflation, what else would need to be true?
Select the best answer from the choices provided.
OA. The price of other products at the store would need to have decreased.
OB. The profit margin on smoothies sold would need to have increased.
OC. The price of other smoothies would need to have increased.
OD. The price of other products would need to have increased.
Business
1 answer:
Papessa [141]3 years ago
7 0

Answer:

OD. The price of other products would need to have increased.

Explanation:

Inflation is defined as the decline of the purchasing power of a particular currency over a period of time. Which means that if a product cost $1 last two years and now costs $2 now, and its effect is also felt among other commodities, then inflation is confirmed as it is not limited to a particular product.

Therefore, if ten years ago, a smoothie at Kay's Smoothies cost $1.25 and today it costs $2.00, in order to attribute this price increase of smoothies at Kay's to inflation, the price of other products would need to have increased.

You might be interested in
Complementary and substitute goods
Brilliant_brown [7]
Substitute good will be mitten and gloves, artificial sweeteners and sugar, and orange juice and grapefruit juice. The rest would be complementary goods.
6 0
2 years ago
One year ago, you purchased a stock at a price of $32 a share. Today, you sold the stock and realized a total return of 14.62 pe
aliya0001 [1]

Answer:

3.75%

Explanation:

Purchase price of the stock = $32

Total return on the stock:

= Purchase price of the stock × Total return

= 32 × 14.62%

= $4.6784

Dividend gain on the stock:

= Purchase price of the stock + Total return on the stock - capital gain - Purchase price

= $32 + $4.6784  - $3.48  - $32

= $1.1984

Dividend yield:

= Dividend gain on the stock ÷ Purchase price of the stock

= $1.1984 ÷ 32

= 3.75%

7 0
2 years ago
​Peeler's Smoothie Company has provided the following​ information: Sales price per unit $ 6.50 Variable cost per unit $ 2.00 Fi
ra1l [238]

Answer:

Contribution margin ratio = 69.23%

Explanation:

We know,

Contribution margin ratio = (Contribution Margin per unit ÷ Sales per unit) × 100

Again, we know, Contribution margin per unit = Sales per unit - Variable cost per unit

Given,

Sales price per unit = $6.50

Variable cost per unit = $2.00

Therefore, Contribution margin per unit = $6.50 - $2.00 = $4.50

Putting the values into the above formula, we can get,

Contribution margin ratio = ($4.50 ÷ $6.50) × 100 = 69.23% (Rounded to two decimal places)

3 0
2 years ago
Rank the following types of businesses in order of risk to you, with the highest being number 1: partnership, limited partnershi
kompoz [17]

Answer:

  1. Sole Proprietorship
  2. Partnership
  3. Limited Partnership
  4. Limited Liability Company      

Explanation:

Sole Proprietorship is the type of business in which the liability is not limited. Due to this issue, the owner is solely responsible to pay off the debts of company from his personal owned assets if the business goes bankrupt.

Partnership is just like sole proprietorship but here the partners are the only responsible persons to payoff the debt of the company because the liability is limitless. The burden of the company debts is equally shared among the partners.

Limited Partnership is less risky because the liability is limited and only the amount invested in the business is subjected to the payment of borrowings from the lenders. The limited partner is responsible for his actions which means if his misdeed resulted in fine then it would be paid from his share first and then the other partners are equally liable to for compensation if their is still any amount left.

In the case of Limited liability company, the liability is limited and the burden of the payment of the liability falls on the company. So the investor is not subjected to pay the debts of the company because the limited liability company is a separate entity and is solely liable to pay for its debts.

8 0
3 years ago
Help pleaseee!
Alika [10]

Answer:

B-reserved requirements

Explanation:

5 0
3 years ago
Read 2 more answers
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