The ________________ effect holds that as the price level increases, the buying power of wealth that people have stored up in bank accounts and cash will diminish, eaten away to some extent by inflation.
Answer:
The Wealth effect...........
The [tex]\sf\purple{wealth}[/tex] effect holds that as the price level increases, the buying power of wealth that people have stored up in bank accounts and cash will diminish, eaten away to some extent by inflation.
[tex]\circ \: \: { \underline{ \boxed{ \sf{ \color{green}{Happy\:learning.}}}}}∘[/tex]
Credit offered in the form of ____________ is most common in department and clothing stores and other high-volume outlets, where customers are likely to make several purchases each month.
Answer:
retail charge cards
Explanation:
A credit card can be defined as a small rectangular-shaped plastic card issued by a financial institution to its customers, which typically allows them to purchase goods and services on credit based on the agreement that the amount would be paid later with an agreed upon interest rate.
Hence, the use of credit cards by consumers broadens a small company's customer base.
This ultimately implies that, small businesses or companies who avail their customers the opportunity to pay using a credit card will increase the number of customers that would patronize them because they are typically buying the goods and services on credit.
Generally, there are three (3) main types of credit card and these includes;
I. Debit card.
II. Prepaid card.
III. Retail charge cards.
A retail charge card can be defined as a type of credit card commonly issued by retailers to their customers in order to avail the customers an ability to charge their goods and services to a specific amount that has been established prior to a purchase.
Hence, it is most common in merchant department, car rental firms, oil companies, clothing stores and other high-volume outlets, where customers are likely to make several purchases each month.
Someone who is extremely dissatisfied with the direction of their current employer and has their own great ideas, an independent streak, and a great work ethic might decide to _______.
Group of answer choices.
a. Tough it out and try to adjust to their workplace
b. Quit their jobs and start their own business
c. sabotage their bosses in order to get new leadership d. Climb the corporate ladder in order to implement their ideas
Answer:
b. Quit their jobs and start their own business
Explanation:
An employee can be defined as an individual who is employed by an employer of labor to perform specific tasks, duties or functions in an organization.
Basically, an employee is saddled with the responsibility of providing specific services to the organization or company where he is currently employed while being paid a certain amount of money hourly, daily, weekly, or monthly depending on the contractual agreement between the two parties (employer and employee).
Hence, while an employer may be the owner of a business firm or company, an employee is a subordinate employed to provide unwavering services to the employer while also, being professional and diligent at all times.
Generally, an employee who is extremely dissatisfied with the direction of their current employer and has his or her own great ideas, aspirations, an independent streak (willingness to work for oneself rather than serve others), and a great work ethic might decide to quit their jobs and start their own business such as an entrepreneur.
An entrepreneur refers to an individual who sees a need or discovers a problem in a society and innovatively proffers a solution using brilliant ideas or entrepreneurial thinking.
The following are four characteristics of an entrepreneur;
1. Innovative: it can be defined as a quality possessed by an individual or group of people such as an entrepreneur and typically involves the process of improving on an existing product or ideas.
2. Passionate: believing in a course and one's ability to achieve much more at a business.
3. Risk-Taker: he or she is confident enough to venture into risky businesses with the hope of an expected success.
4. Self-Confident: he or she is bold and believes in his or her abilities to excel.
Antique Company has notes receivable that have a fair value of $920,000 and a carrying amount of $710,000. Antique decides on December 31, 2020, to use the fair value option for these recently-acquired receivables. The adjusting entry to record this change will include a:
Answer:
credit to Unrealized Holding Gain or Loss―Income for $210,000.
Explanation:
Given that
The fair value is $920,000
The carrying amount is $710,000
So this represent the account has increased by $210,000
So for recording the adjusting entry we credited the non-realized holding gain or loss for an income of $210,000
And, this income come from
= $920,000 - $710,000
= $210,000
Assume that Sallisaw Sideboards, Inc. had a retained earnings balance of $10,000 on April 1, and that the company had the following transactions during April. Issued common stock for cash, $5,000. Provided services to customers on account, $2,000. Provided services to customers in exchange for cash, $900. Purchased equipment and paid cash, $4,300. Paid April rent, $800. Paid employees' salaries for April, $700. What was Sallisaw's retained earnings balance at the end of April
Answer:
$11,400
Explanation:
Calculation to determine What was Sallisaw's retained earnings balance at the end of April
First step is to calculate the Net income for the month of April
April Net income=$2,000+$900-$800-$700
April Net income=$1,400
Now let calculate the Retained earnings at the end of April
April Retained earnings=$10,000+$1,400=$11,400
April Retained earnings= $11,400
Therefore What was Sallisaw's retained earnings balance at the end of April is $11,400
A dealer persuades a customer to buy a new car by reducing the price to well below that of his competitors. Once the customer has agreed to buy the car, the terms of the sale are shifted by lowering the value of the trade-in and requiring the purchase of expensive extra equipment. Now the car costs well above the current market rate. This is an example of the __________ procedure. Group of answer choices foot-in-the-door lowball bait-and-switch primacy
Answer:
low ball
Explanation:
From the question, we are informed about A dealer who persuades a customer to buy a new car by reducing the price to well below that of his competitors. Once the customer has agreed to buy the car, the terms of the sale are shifted by lowering the value of the trade-in and requiring the purchase of expensive extra equipment. Now the car costs well above the current market rate. In this case, This is an example of the low ball procedure. The low-balling procedure can be regarded as lpersuasion tactic whereby the seller offer will give an initial offer of goods/ service at a lower price than the expected price, so that the buyer can commit, after the commitment from buyer, the price will be suddenly increased. This technique is famous among salesmen as well as advertisers.
Which of the following is an example of an ultimate consumer:
a. A teenager buying her/his first car
b. A farmer buying seed for crops that will be sold at market
C. A manager buying office supplies
d. A restaurant owner buying a new oven for the restaurant's kitchen
The example of an ultimate consumer is that when the person purchases his or her first car.
The following information related to the ultimate consumer is as follows:
It is the person or the group where the product is actually used or consumed. It is not similar to the purchaser. In this, the selling activity does not take place.Therefore, all other options are incorrect.
Hence, we can conclude that the example of an ultimate consumer is that when the person purchases his or her first car.
Learn more about the consumer here: brainly.com/question/15869639
Marissa owns a Chichi's Chicken Restaurant franchise and is able to compete in her local market because the franchisor shares the cost of her advertising. This is an example of _____ advertising.
Answer:
Cooperative.
Explanation:
Franchise is a license consisting of a contractual arrangement between a parent company (franchiser or franchisor) and another (franchisee), that allows individuals or an organization access to its knowledge, processes, trademarks in order to provide a service.
One of the main advantages of a franchise is that, franchisers such as Chichi's Chicken Restaurant do not require additional capital and development expenses to have their businesses being situated in a foreign market or country, as they only required to issue licenses to franchisors who are interested in being part of their business by paying a fee.
Advertisement refers to the promotional multimedia messages designed and developed to make the products or services of a company known to its customers and potential customers.
In this scenario, Marissa owns a Chichi's Chicken Restaurant franchise and is able to compete in her local market due to the fact that the franchisor shares the cost of her advertising. This is an example of cooperative advertising.
A cooperative advertising can be defined as a cost-effective advertising partnership in which the cost of a locally placed advert is shared between two or more parties such as manufacturer, wholesaler, retailer, franchisor, franchisee, etc.
Answer:
Cooperative
Explanation:
This is an example of Cooperative advertising.
A cooperative is an association of persons (organization) that is owned and controlled by the people to meet their common economic, social, and/or cultural needs and aspirations through a jointly-owned and democratically controlled business (enterprise).
Bankruptcy is the legal process of reducing or eliminating an amount owed.
O True
O False
The inflation tax is: cost of living adjustments, or COLAs. cost of living adjustments, or COLAs. the decreases in the real value of money held by the public caused by inflation. the decreases in the real value of money held by the public caused by inflation. the result of the indexing wages to inflation. the result of the indexing wages to inflation. the increase in income taxes caused by inflation. the increase in income taxes caused by inflation. the increase in the real value of money held by the public caused by inflation.
Answer:
the decreases in the real value of money held by the public caused by inflation
Explanation:
The inflation tax refers to the penalty on the cash when the inflation rise is increased. In the case when the inflation increase so the cash would become less valuable
So as per the given situation when there is a reduction in the real value of the money so it would be held by the public that can result by the inflation
Therefore the same is considered
Brant promised to repair Carolyn's car on Thursday. After picking up the necessary part at a junkyard, he discovered he could not do the job after all and that the junkyard would not buy back the part. Carolyn does not know about these developments. However, she thinks Brant will be finished with her car sometime today. What should Brant do
A possible warning signal that you may be headed for financial problems with credit is that you
a.
pay only the minimum required.
c.
you only buy sale items.
b.
only buy what you can afford.
d.
all of the above.
Answer:
I can't provide a definite answer (apologies), but I can definitely say that the answer is narrowed down to where it's either A or D.
Explanation:
Answer:
A- pay only the minimum required.
Explanation:
Using the rule of 72, how long would it take for your $1,000 investment to double at 5%?
Answer:
14 years
Explanation:
Given the following data;
ARR = 5%
Principal = $1000
From the rule of 72;
Rule of 72 can be defined as a metric used to determine the time it will take to double an investment based on its growth rate. Also, it can be used to determine the economic growth by measuring the Gross Domestic Products (GDP).
Mathematically, it is given by the formula;
[tex] Number \; of \; years \; to \; double = \frac {72}{ARR} [/tex]
Where;
ARR is the annual rate of return in percent.
Substituting the values into the formula, we have;
[tex] Number \; of \; years \; to \; double = \frac {72}{5} [/tex]
[tex] Number \; of \; years \; to \; double = 14.4 [/tex]
Therefore, the number of years to double = 14.4 ≈ 14 years
Under MSRB rules, yield to worst means that: A all municipal bonds quoted on a yield basis must be priced to the near-term in whole call date B municipal par bonds quoted on a yield basis must be priced to the near-term in whole call date C municipal discount bonds quoted on a yield basis must be priced to the near-term in whole call date D municipal premium bonds quoted on a yield basis must be priced to the near-term
Answer: D. Municipal premium bonds quoted on a yield basis must be priced to the near-term in whole call date
Explanation:
Yield to worst refers to the lowest possible yield which can be gotten on a bond which operates fully within the terms of the contract and doesn't default.
Under MSRB rules, yield to worst means the Municipal premium bonds quoted on a yield basis must be priced to the near-term in whole call date.
Therefore, the correct option is D.
Bill is a retired military officer suffering from complications caused by Agent Orange exposure during his military service. He incurs $54, 510 in medical expenses during hospitalization at the local Veterans Administration Hospital. The private health insurance he now owns will likely pay:
Answer: nothing
Explanation:
Military officers are usually entitled to group life insurance which is covered by a comprehensive healthcare plan.
In this case, since Bill is a retired military officer that's suffering from complications that was caused by Agent Orange exposure during his military service, then the private insurance he owns will pay nothing because the complications were gotten during his military work me should be taken care of by the government.
Assume that one year ago, you bought 260 shares of a mutual fund for $19 per share and that you received an income dividend of $0.14 cents per share and a capital gain distribution of $0.24 cents per share during the past 12 months. Also assume the market value of the fund is now $15 a share. Calculate the total return for this investment if you were to sell it now.
Answer:
The ROI is 1040.38 with Distributions and Dividends included if you sell it now.
Explanation:
[tex]260*19=$4940, cost is $4940\\0.14+0.24=0.38 \ in\ distributions/dividends\\260*15=3900, sale\ price \ is 3900\\(4940-3900)+0.38=1040.38[/tex]
Hope this helped!
Edit: This answer doesn't account for any fees, since you didn't list any fees. The only mutual funds that I know of without fees are index funds run by big financial institutions.
List the inventions of charles Barbbage.
Answer:
The invention of Charles Babbage are
Analytical Engineand
2. Difference Engine
hope it is helpful to you ☺️☺️
Help me with the question
Answer:
See below
Explanation:
Oliveras Company had net credit sales during the year of $800,000 and cost of goods sold of $500,000. The balance in accounts receivable at the beginning of the year was $100,000, and the end of the year it was $150,000. What were the accounts receivable turnover and the average collection period in days? a. 6.4 and 57 days. b. 4.0 and 91.3 days. c. 5.3 and 68.9 days. d. 8.0 and 45.6 days.
Answer:
a. 6.4 and 57 days
Explanation:
The computation of the accounts receivable turnover and the average collection period in days is shown below;
The account receivable turnover is
= $800,000 ÷ ($100,000 + $150,000) ÷ 2
= 6.4 times
And, the average collection period is
= 365 days ÷ 6.4 times
= 57 days
Therefore the a option is correct
Norbury Corporation's net income last year was $25,000. The company did not sell or retire any property, plant, and equipment last year. Changes in selected balance sheet accounts for the year appear below: Increases (Decreases) Asset and Contra-Asset Accounts: Accounts receivable $ 13,500 Inventory $ (3,600) Prepaid expenses $ 9,000 Accumulated depreciation $ 24,000 Liability Accounts: Accounts payable $ 13,000 Accrued liabilities $ (8,100) Income taxes payable $ 2,700 Based solely on this information, the net cash provided by (used in) operating activities under the indirect method on the statement of cash flows would be:
Answer:
$37,700
Explanation:
Cashflow from Operating Activities
Net Income $25,000
Adjustments to non - cash flow items :
Add back Depreciation charge $24,000
Adjustments to changes in working capital items :
Increase in Accounts receivable ($13,500)
Decrease in Inventory $3,600
Increase in Prepaid expenses ($9,000)
Increase in Accounts payable $13,000
Decrease in Accrued liabilities ($8,100)
Increase in Income taxes payable $2,700
Net cash provided by operating activities $37,700
thus,
the net cash provided by operating activities under the indirect method on the statement of cash flows would be: $37,700
what is watermill?write it advantages
A watermill or water mill is a mill that uses hydropower. It is a structure that uses a water wheel or water turbine to drive a mechanical process such as milling, rolling, or hammering.
Explanation:
Water mill is a mill which runs through hydro or water .
it's advantage
it can be used as agricultural produce cutting up material such pulp timber etc
stay safe healthy and happy..Dave is a close-up magician who is famous for his card tricks. He creates and sells DVDs of his magic tricks. Lately he has been having some trouble getting the DVDs produced in a timely manner. Of the five primary activities in the value chain, this problem is most likely to occur in ________.
Answer:
inbound logistics.
Explanation:
Supply chain management can be defined as the effective and efficient management of the flow of goods and services as well as all of the production processes involved in the transformation of raw materials into finished products that meet the insatiable want and need of the consumers. Generally, the supply chain management involves all the activities associated with planning, execution and supply of finished goods and services to the consumers.
The fundamental principle of supply chain management is the complete collaboration between multiple firms. These multiple firms include a company that is saddled with the responsibility of manufacturing producer), a wholesaler, and a retailer who typically sells the products to the customers or consumers.
Basically, these three (3) firms or individuals are required to collaborate with each other so as to meet the needs of the customers in a timely manner or fashion and at a fair price too.
In this scenario, Dave creates and sells DVDs of his magic tricks.
Lately, Dave has been having some trouble getting his DVDs produced in a timely manner. Thus, of the five (5) primary activities in the value chain, this problem of not producing goods (DVDs) as at when needed by the viewers (end users) is most likely to occur in inbound logistics.
An inbound logistics can be defined as a supply process which relates with receiving, storing or warehousing of raw materials and the distribution of inventory internally.
One reason annual overhead application rates are used is Select one: a. to minimize the overhead cost assigned to products. b. to maximize the overhead cost assigned to products. c. because of seasonal variability of overhead costs. d. to help budget overhead costs.
Answer:
Answer is C
Explanation:
c. because of seasonal variability of overhead costs.
can someone help me i have no how to do this is tyyyy!!
Answer:
im bad at math sry
Explanation:
i have an f in math lolll
what do you pore first the cereal or the milk? True or false.
Two profit-maximizing firms - Firm A and Firm B, have identical marginal cost curves and face identical demand. However, Firm A has a higher fixed cost than Firm B. What will be true about the output produced by the two firms?
Answer:
An apple, potato, and onion all taste the same if you eat them with your nose plugged
Explanation:
Learning Task 7: Find the function and create a formula that will calculate the total number of fruits in the workbook below. Write the formula on cell B7.
Answer:
=SUM(B2:B6)
Explanation:
Given
See attachment for workbook
Required
The function that calculates the total number of fruits
The number of fruit for each fruit is represented by cell B2 through B6.
So, we need to create a function that adds up the values in B2 to B6. To do this, we make use of the SUM function.
So, enter the following formula in cell B7
=SUM(B2:B6)
The above formula will add B2 to B6
Identify the business environment associated with each of the following factors.
a. Employees
b. Tools and equipment
c. Inflation
d. Political factors
e. Technology applied
f. Cultural factors
g. Invested funds
h. Entrepreneur
i. Management
j. Geographical factors
k. Business structure
l. Economic recessions
Answer:
There are five elements of the Business Environment. They are:
Economical EnvironmentSocial EnvironmentPolitical Environment Legal Environment Technological EnvironmentEach of the 12 factors listed in the question must belong to one category of environment. They are classified as follows:
Explanation:
Economic Environment
InflationEconomic RecessionsInvestment FundsSocial Environment
EmployeesCultural FactorsPolitical Environment
ManagementPolitical FactorsBusiness StructureEntrepreneurGeographical factorsLegal Environment
EmployeesBusiness StructureTechnological Factors
Tools and EquipmentTechnology appliedCheers
He said," I don't like you" change in indirect speech
Answer:
whether'.
Explanation:
Economic growth takes place when a country produces a steady number of automobiles. has a high unemployment rate. measures its gross domestic product (GDP). produces more goods and services.
Answer:
D. Produces more goods and services
Economic growth takes place when a country produces more goods and services.
What is economic growth?Economic growth refers to a rise in the total amount of goods and services produced in a country. It is how much a country is producing, including the quality of the production of both goods and services.
Once a country begin to produce more goods and sells the goods produced, then the country will be making profit thereby leading to economy growth.
Hence, economic growth takes place when a country produces more goods and services.
Learn more about economic growth there : https://brainly.com/question/1690575