When inflation occurs each dollar of income will buy fewer goods and services than before.
<h3>
What is inflation?</h3>
- In the field of economics, inflation refers to an overall rise in the cost of goods and services throughout a nation.
- Each unit of currency may purchase fewer products and services as the general price level rises, hence inflation is associated with a decline in the purchasing power of money.
- Deflation, a continuous drop in the general level of prices for goods and services, is the reverse of inflation.
- The annualized percentage change in a general price index, or the inflation rate, is the most widely used indicator of inflation.
- The consumer price index (CPI) is frequently employed for this purpose because price increases are not uniform across the board.
- In the United States, wages are also calculated using the employment cost index.
Therefore, when inflation occurs each dollar of income will buy fewer goods and services than before.
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Answer:
Missing options of the stated question are:
- Best all-inclusive vacation
- All-inclusive family Paris vacation
- All-inclusive vacation
- All-inclusive Paris holiday
The correct answer is option D.
All-inclusive Paris holiday.
Explanation:
Search terms are the list of terms that a user use that bring results of advertisements. This tool is used by the search engine to trigger and match the keywords used by the user and that appears in the keywords of an advertisement. The search engine uses the search terms entered by the user and the keywords stated by an advertiser in his/her advertisement and brings forth the matching results based on the keywords.
<u>In the given case, Jennifer limits her audience for an 'all-inclusive vacation to Paris.' So, the correct search term that will match with her keywords in the advertisement will be 'all-inclusive Paris holiday.' This search term will match with the keywords of Jennifer's advertisement</u>.
Thus the correct answer is the last option.
Answer:
(a) 0.99
(b) 0.96
(c) Apple has better liquidity
Explanation:
(a) Apple's current ratio:
= Current assets ÷ Current liabilities
= $ 75.91 billion ÷ $ 76.31 billion
= 0.99
(b) Apple's quick ratio:
= (Current assets - Inventory) ÷ Current liabilities
= ($ 75.91 billion - $ 2.45 billion) ÷$ 76.31 billion
= 0.96
(c) In January 2016,
Quick ratio = 0.66
Current ratio = 0.90
In comparison to H-P assets quality Apple has much better quality. Current ratio and quick ratio of apple is better than H-P which shows that apple has better liquidity than H-P.
Answer:
Mixed economics place some limits for safety and society.
Some traits most mixed economies have in common:
-they generally protect private property
-they generally allow for demand and supply determine price
-the economy is usually driven by private self-interest and incentives.
Answer:
After cost of debt for a floatation cost of 2% is 6.62%
Explanation:
After tax cost of debt = Market interest × (1- tax rate)
We will get the cost of debt using the time value of money principle.
PV = -$1,000
Pmt = $1,000 × 9%
=$90
P/yr = 1
N = 20
FV =1,000
Tax rate = 25%
YTM
The market interest rate is 9% using financial calculator hence;
After-tax cost of debt = Market interest × (1-tax rate)
= 0.09 × (1 - 0.25)
= 0.0675 or 6.75%
If floatation cost is 2%, then
Net receipts after floatation cost = Cost × (1 - floatation rate)
= 0.0675 × (1- 0.02)
= 0.06615 or 6.62%
