1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Andrew [12]
3 years ago
9

A payment is said to be ________________ if it is automatically adjusted for inflation. cross referenced indexed matched maintai

ned
Business
1 answer:
defon3 years ago
5 0
<span>The payment is said to be indexed. Indexing a payment means that the income payments are adjusted by a price index. This is to maintain the purchasing power of the public when inflation hits. This is a type of monetary correction.</span>
You might be interested in
During what meeting did the delegates request each state write a constitution?
Tasya [4]
The delegates requested that each state write  a constitution during the Second Continental Congress.
6 0
3 years ago
Lemony Company made sales of $ 32 comma 200 million during 2018. Cost of goods sold for the year totaled $ 12 comma 880 million.
Aleksandr [31]

Answer:

Gross profit is 60%

Inventory turnover is 4.6 times

Explanation:

The formula to compute the gross profit percentage is shown below:

= (Gross profit ÷ sales) × 100

where,

Gross profit = Sales - the cost of good sold

                   = $32,200 million ÷ $12,880 million

                   = $19,320 million

And, the sales is $32,200 million

Now put these values to the above formula  

So, the percentage would equal to

= ($19,320 million) ÷ ($32,200 million) × 100

= 60%

The formula to compute the inventory turnover is shown below:

= (Cost of goods sold) ÷ average inventory

where,

Average inventory = (Beginning inventory + ending inventory) ÷ 2

                               = ($1,200 million + $1,600 million ) ÷ 2

                               = $900 million

And, the cost of good sold is $12,880 million

Now put these values to the above formula  

So, the turnover would equal to

= $12,880 million ÷ $2,800 million

= 4.6 times

7 0
3 years ago
A financial intermediary is a corporation that takes funds from investors and then provides those funds to those who need capita
Alex17521 [72]

Answer:

True

Explanation:

A financial intermediary is a corporation that takes funds from investors and then provides those funds to those who need capital. A bank that takes in demand deposits and then uses that money to make long-term mortgage loans is one example of a financial intermediary.

7 0
2 years ago
On May 1, 2021, Meta Computer, Inc., enters into a contract to sell 5,500 units of Comfort Office Keyboard to one of its clients
madam [21]

Answer:

A. 2

B. May 1, 2021

Dr Cash $94,600

Cr Deferred revenue $89,870

Cr Deferred revenue-coupons $4,730

C. May 1, 2021

Dr Cash $94,600

Cr Deferred Revenue $94,600

Explanation:

A. Based on the information given the numbers of PERFORMANCE OBLIGATIONS that are in this contract is 2 which are:

KEYBOARD and CUSTOMER OPTION FOR FUTURE DISCOUNT

B. Preparation of the journal entry that Meta would record on May 1, 2021.

May 1, 2021

Dr Cash $94,600

Cr Deferred revenue $89,870

($94,600-$4,730)

Cr Deferred revenue-coupons $4,730

(5%*$94,600)

C. Preparation of the journal entry that Meta would record on May 1, 2021

May 1, 2021

Dr Cash $94,600

Cr Deferred Revenue $94,600

8 0
3 years ago
Select the correct answer.
Lady_Fox [76]

Answer:

A. True

Explanation:

In order to be on student council, you must already know how to lead. Student council isn't you learn to lead. It's meant to show others how to lead.

3 0
3 years ago
Read 2 more answers
Other questions:
  • Your friend Amanda suffers from a condition that reduces her blood's ability to carry oxygen. Which of the following is the name
    8·2 answers
  • The price of DVDs​ (D) is ​$20.00 and the price of CDs​ (C) is ​$20.00. Phillip has a budget of ​$100.00 to spend on the two goo
    15·1 answer
  • What type of relationship does a lawyer and client have
    6·2 answers
  • On april 1, the company retained an attorney for a flat monthly fee of $3,500. Payment for april legal services was made by the
    7·1 answer
  • What is the role of the Federal Deposit Insurance Corporation?
    8·1 answer
  • A company issues $15,000,000, 7.8%, 20-year bonds to yield 8% on January 1, 2012. Interest is paid on June 30 and December 31. T
    15·1 answer
  • A public works department in a metropolitan area is looking into buying a major equipment to enhance productivity. The initial c
    7·1 answer
  • Bonita earns $31,000 from her job, and she has $1,000 of interest income. She has itemized deductions of $35,000. There are no c
    11·1 answer
  • A computer manufacturer is producing a one-of-a-kind innovation called Innovel, a cloud computing software that helps navigate I
    7·1 answer
  • HELPPPPP
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!