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Effectus [21]
3 years ago
14

Define interest rates and explain how they have changed since March 2020. What impact have these changes had on businesses?

Business
1 answer:
Masja [62]3 years ago
5 0

Answer:

When interest rates change, there are real-world effects on the ways that consumers and businesses can access credit to make necessary purchases and plan their finances. It even affects some life insurance policies. This article explores how consumers will pay more for the capital required to make purchases and why businesses will face higher costs tied to expanding their operations and funding payrolls when the Fed changes the interest rate. However, the preceding entities are not the only ones that suffer due to higher costs, as this article explains.

Explanation:

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Bryan is debating how to allocate the IMC budget for his new ski equipment store. He knows having knowledgeable salespeople in h
Allushta [10]

Answer:

The answer is C. expensive

Explanation:

An integrated marketing communication (IMC) is an approach to brand communication where the different modes work together to create a seamless experience for the customer.

4 0
4 years ago
Period costs for a manufacturing company would flow directly to:
Serhud [2]

Answer: The income statement as an expense.

Explanation:

Period costs are the costs that can't be capitalized on the balance sheet of a company. They are expensed during the time incurred and are shown on the income statement. They are also known as period expenses and are associated with passage of time.

Administrative activities are form of period costs because they are incurred on a daily basis. Examples of period costs include administrative and general expenses, like office supplies, rent, office depreciation, and utilities.

8 0
3 years ago
The government unit that wants to achieve "revenue enhancement" will find it considerably more favorable to enact an excise tax
boyakko [2]

Answer:

C. highly inelastic

Explanation:

An excise tax on a product will increase its price from the equilibrium point, to a higher point set by the government.

If the government was to enhance its revenue by this means, it should enact the excise tax on products that are highly inelastic.

This is because a highly inelastic product is one whose quantity demanded does not fall considerably even if the price rises a lot.

This means that even if the product is more expensive after the excise tax, consumer will continue to buy it, increasing government revenue in this way.

6 0
3 years ago
After the accounts are adjusted and closed at the end of the fiscal year, Accounts Receivable has a balance of $632,338 and Allo
rewona [7]

Answer:

The net realizable value of the accounts receivable amounts to $613,690

Explanation:

NRV stands for Net Realizable value, which is defined as the cash amount that the firm expects to receive.

The net realizable value of the accounts receivable is computed as:

Net realizable value of the accounts receivable = Balance of Accounts Receivable - Allowance for Doubtful Accounts

where

Balance of Accounts Receivable amounts to $632,338

Allowance for Doubtful Accounts amounts to $18,648

Putting the values above:

Net realizable value of the accounts receivable = $632,338 - $18,648

Net realizable value of the accounts receivable = $613,690

3 0
3 years ago
What is the difference between demand and quantity demand?.
sertanlavr [38]

Answer:

Uh, demand is wanting a thing and quantity demand is wanting more of that thing?

Explanation:

8 0
3 years ago
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