you open a savings account with a 0.5% per year nominal interest rate. the economy experiences 2% per year inflation. what is your real interest rate and what happens to the purchasing power of your money in the account over the year?
Answers
The real interest rate on your savings account, considering a nominal interest rate of 0.5% and an inflation rate of 2%, would be -1.5%.
To calculate the real interest rate, we need to look at the inflation rate and the nominal interest rate:
Real interest rate = Nominal interest rate - Inflation rate
Real interest rate = 0.5% - 2% = -1.5%
A negative real interest rate means that the purchasing power of your money in the account would decrease over the year. In other words, the inflation rate of 2% exceeds the nominal interest rate of 0.5%, resulting in a decrease in the value of your money in terms of purchasing power.
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Related Questions
Explain how long-term profitability affects pricing.
Answers
Answer:
A price increase
Deals and promotions
Poor customer experiences
Innovation that delivers value
Explanation:
The ability to meet long-term obligations and generate future revenues is referred to as?
Answers
The ability to meet long-term obligations and generate future revenues is referred to as Solvency.
Solvency is the capability of a business enterprise to satisfy its lengthy-term money owed and different monetary responsibilities. Solvency is one measure of a corporation's monetary fitness since it demonstrates an enterprise's ability to manage operations into the foreseeable destiny. buyers can use ratios to analyze an agency's solvency.
long-term obligations and responsibilities are liabilities as a way to no longer be paid via expending to be had sources as of the end of the cutting-edge monetary 12 months. well-known lengthy-term obligations are not pronounced in the governmental price range, but are pronounced in the governmental sports column in the government-wide announcement of internet position
Non-working profits are part of an organization's income this is derived from activities now not associated with its core business operations. it may consist of objects consisting of dividend income, earnings, or losses from investments, as well as profits or losses incurred by using forex and asset write-downs.
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a taxpayer had agi of $60,000 in year 1. during the same year, the taxpayer incurred $10,000 in qualifying unreimbursed medical expenses, all which were charged to a credit card. the taxpayer paid off $7,000 of the credit card charges by december 31 of year 1. what amount may the taxpayer deduct as an itemized deduction for medical expenses?
Answers
The amount that the taxpayer may deduct as an itemized deduction for medical expenses in year 1 is $0, because they paid off more than their deductible amount.
To determine the deductible amount, the taxpayer must first calculate their medical expense deduction threshold. This threshold is based on the taxpayer's AGI and is equal to 7.5% of their AGI. In this case, 7.5% of $60,000 is $4,500.
Next, the taxpayer must subtract their threshold from their total qualifying medical expenses. In this case, the taxpayer had $10,000 in qualifying medical expenses, so they would subtract the $4,500 threshold from that amount, leaving them with $5,500.
However, the taxpayer only paid off $7,000 of the credit card charges by December 31 of year 1. This means that they can only deduct the amount of medical expenses that they actually paid during the tax year. So, in this case, the taxpayer can only deduct $5,500 - the amount they paid off by December 31 - which is
=> $5,500 - $7,000 = $0.
Since the taxpayer paid off more than their deductible amount, they cannot claim a medical expense deduction on their tax return for year 1.
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what is accounting??
Answers
Answer: Accounting is defined to be the measurement, processing, and communication of financial information to economic entities such as businesses and corporations. This means reporting and analyzing financial transactions of a business to oversight agencies, regulators, and the IRS.
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Accounting is the process of recording financial transactions pertaining to a business. ... The financial statements used in accounting are a concise summary of financial transactions over an accounting period, summarizing a company's operations, financial position, and cash flows.
mention any five methods of doing off season vegetables farming,
Answers
Answer:
the methods of doing off season vegetables farming are:-
Taking use of and utilising various agro-climatic conditionsImproved varieties are chosen.Adjustment of planting time.Making plastic tunnels, polythene houses, and permanent glass houses to provide controlled environmental conditions.Air max 270's or Jordan 1 Mid's?
Answers
Air max 270's
they make me taller than Jordan 1 Mid's, and since im a short dude, I lowkey need that extra inch.
in 10000 independent tosses of a coin, the coin landed on heads 5800 times. is it reasonable to assume that the coin is not fair? explain.
Answers
Based on the outcome of 5,800 heads out of 10,000 independent tosses, it is reasonable to suspect that the coin may not be fair.
When analyzing the fairness of a coin, one would expect an approximately equal number of heads and tails over a large number of independent tosses. In this case, out of 10,000 tosses, the coin landed on heads 5,800 times. To determine if the coin is fair, we can conduct a hypothesis test using statistical methods.
Using a significance level (commonly denoted as alpha), we can set a threshold for the likelihood of obtaining a result as extreme as 5,800 heads if the coin were fair. If the probability of such an extreme result is low (typically less than 5% or 1%), we would reject the assumption that the coin is fair.
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3. ______ are defined as goods or services that are required for health and safety.
Answers
Occupational Health and Safety are defined as goods or services that are required for health and safety. Information standards are guidelines governing the information that must be provided to consumers when they purchase specific goods.
What is the safety of goods?A safe product is one that delivers either no risk or a minimum tolerable level of risk, taking into account the product's typical or reasonably foreseeable use and the need to maintain a high level of consumer protection.
Occupational health and safety is a multidisciplinary discipline that deals with all elements of workplace health and safety, with a heavy emphasis on preventing workplace dangers.
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Give (2) examples how we deal with "Scarcity"
Answers
Answer:
Either increasing supply or lowering demand
Explanation:
increasing supply:
e.g. when less developed countries (LDCs) experience a famine or drought, other countries can supply food and/or water to them
lowering demand:
finding alternative solutions of the product (that have the same effect as the original product) or reducing the reasons for why there is a high demand
- e.g. crops not growing well due to weather/crop disease going around -> find a crop that is more resistant to the disease (reducing reasons for demand)
- e.g. rice field has an infestation -> not yielding enough rice to feed the population -> population feels hungry and other foods cannot help them feel full/sustain them -> find another crop to substitute, like yam or potatoes that are equally filling (alternative solutions)
but these two are pretty much the same so
also please note I don't take any courses on supply and demand other than geography so I might be completely wrong
collected a total of $40,000 from the organizers and, in turn, issued common stock. purchased a building for $65,000, equipment for $16,000, and three acres of land for $18,000; paid $13,000 in cash and signed a note for the balance, which is due to be paid in 15 years. one stockholder reported to the company that 500 shares of his abt stock had been sold and transferred to another stockholder for $5,000 cash. purchased supplies for $3,000 cash. sold one acre of land for $6,000 cash to another company.
Answers
a. Cash 40,000, Common Stock 40,000. b. Building 65,000, Notes Payable 52,000, Cash 13,00.c. Cash 5,000, Common Stock 5,000. d. Supplies 3,000, Cash 3,000.e. Cash 6,000, Land 6,000
The given information describes several accounting transactions for the company. Let's analyze each transaction:
The company collected $40,000 in cash from the organizers and issued common stock. This transaction increases the company's cash asset and equity through the issuance of common stock.
The company made several purchases. The building, equipment, and land are recorded as assets with corresponding increases in their respective accounts. Cash is reduced by $13,000, and a note payable is created for the balance due.
The stock transfer between two stockholders does not involve any accounting transaction. It is an internal transfer of ownership within the company.
The purchase of supplies for $3,000 is recorded as an increase in the supplies asset and a decrease in cash.
The sale of one acre of land for $6,000 results in an increase in cash and a decrease in land.
The company received cash from the organizers, issued common stock, made purchases of building, equipment, and land, experienced an internal stock transfer, purchased supplies, and sold a portion of land. These transactions impact the company's balance sheet by affecting various assets, liabilities, and equity accounts.
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How does industrial education affect industries?
Answers
Answer:
Industrial education will help student to know and understand industry demand. ... First, adaptability is a skill will help students to know and understand industry work and world, such as how to use technology, follow all industry SOP, all new chalanges industry, etc. Second, communication is an important skills to had.
when you click on your account and you go to the about column it will say warnings at the bottom I don't have any but why would you get one
Answers
Answer:
i don't have as well i don't know what are u talking about
Study the entries in Lupe's records and bank statement. What is the first action Lupe should take when she discovers a difference between her records and the bank's records?
Answers
Answer: A
She should check her own records to see if she made a mistake.
Explanation:
She should check her own records to see if she made a mistake is the first action Lupe should take when she discovers a difference between her records and the bank's records. Hence, option A is correct.
What is bank's records?Account statements, signature cards, account applications, wire transfers, and any other DOCUMENT attesting to deposits, withdrawals, balances, and/or other account activity are all considered to be bank records.
If you use Online Banking, you can log in, choose Statements & Documents from the Accounts menu, then pick Order a paper statement copy from the Request statements tab. After you submit your request, paper statements will be mailed to you within 7 to 10 business days.
Any person who employs a financial institution's services, Any person for whom the financial institution serves as a fiduciary; and Corporations or partnerships with five or fewer partners.
Thus, option A is correct.
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The options are attached in the picture-
T_
------ Y
Robotics and automation are increasingly used in
the travel and tourism industry to handle labour
intensive and mundane tasks.
Answers
Answer:
Yes.robotics and automation are increasingly used in the travel and tourism industry of handle labour intensive and mundane tasks
Mean is also known as which of the following?
Average
Most
Middle
Area
Answers
Answer:
its the average
Explanation:
you add up all the numbers than divide them to find the average
A company purchases merchandise for $20,000. The seller also offers credit terms of 2/10, n/30. Assuming no returns were made, and that payment was made within the discount period, what is the net cost of the merchandise
Answers
Answer: $19,600
Explanation:
$20,000×.02 (to reflect the 2% discount) = $4001
$20,0000 - $400 = $19,600
The net cost of the merchandise is $19600 if a company makes a payment was made within the discount period.
What is Discount Period?
The discount window is the time frame between the final day that the discount terms are still in effect and the day that the invoice is typically due.
Given,
Purchase Price = $20,000
Discount = 2%
Required to Calculate Net cost of Merchandise =?
Net Cost = Purchase Price - Discount amount
= $20,000 - 2%(20,000)
Net Cost of Merchandise =$19,400
Thus, the net cost of the merchandise is $19,400 if payment was made within the discount period.
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The walker corporation completed the following transactions for the month: (a) owners begin company by investing $60,000, (b) borrowed $12,000 from a bank, (c) purchased $9,000 of inventory, (d) sold all of the inventory to customers for $15,000, (e) paid $2,000 for advertising and (f) purchased $8,000 of equipment. based on these transactions, what is the total amount of assets the company has at the end of the month?
Answers
Based on the transaction analysis, the total amount of assets the company has at the end of the month is $76,000.
What is transaction analysis?A transaction analysis helps to achieve the following book-keeping steps:
Identifying the accounts involved in each transaction.Establishing the nature of the two or more accounts involved.Determining which account increases and the one that decreases.Applying the rules of debit and credit.Recording the transactions in journal entries.Transaction Analysis:a) Cash $60,000 Common Stock $60,000
b) Cash $12,000 Bank Payable $12,000
c) Inventory $9,000 Cash $9,000
d) Cash $15,000 Sales Revenue $15,000
d) Cost of Goods Sold $9,000 Inventory $9,000
e) Advertising Expense $2,000 Cash $2,000
f) Equipment $8,000 Cash $8,000
Tabular Analysis: Assets = Liabilities + Equity
Cash Inventory Equipment = Bank Payable + Common + Retained
Stock Earnings
a) $60,000 $60,000
b) 12,000 $12,000
c) -9,000 $9,000
d) 15,000 $15,000
d) -9,000 -9,000
e) -2,000 -2,000
f) -8,000 $8,000
Bal. $68,000 $0 $8,000 $12,000 $60,000 $4,000
Assets:Cash $68,000 ($60,000 + $12,000 - $9,000 + $15,000 - $2,000 - $8,000)
Inventory = $0 ($9,000 - $9,000)
Equipment = $8,000
Total assets = $76,000
Thus, performing transaction analysis and tabular analysis help to minimize accounting errors.
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The demand side of economic policy, refers to the actions undertaken by a nation's central bank to control money supply to maintain economic growth. This is an example of
Inflation
monetary policy
Debt management
Loans
Answers
Answer:
The perspective of economic policy that focuses its efforts to follow a national central bank when it wants to make sure money supply is regulated to achieve a continuous economical positive development is an example of:
monetary policy
Explanation:
The reasons behind this answer are that monetary policy is the concept used to represent the efforts of a certain monetary organization to make sure the interest rates are set in the best scenario to enable borrowers to pay their debts. Pointing to a scenario of economical and monetary stability that would support the country in times of economical distress.
Accounts used to accumulate information from one fiscal period to the next are answer choices
revenue accounts. permanent accounts.
temporary accounts.
expense accounts.
Answers
Data is saved in permanent accounts from one financial cycle to the next. Permanent accounts are also known as real accounts.
Permanent accounts: What are they?
Permanent accounts are those that keep track of accumulated balances over time. A receivable is a great illustration of a permanent account. On the balance sheet, permanent accounts are listed as asset, liability, and owner's equity accounts. Other types of permanent accounts include investments, inventories, accounts payable, assets, liabilities, and equity. the organization's balance sheet, which provides a picture of the assets and liabilities the company has at any given time.Goodwill is an intangible asset, while accounts receivable is a current asset. Assets are long-term accounts. Sales are a transient account since they are a revenue account that is closed every period.
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pleaseeeeeeee helpppp;((((
Answers
Explain the role of the Board of
Directors in a public company?
Provide FOUR points.
Answers
Answer:
A board of directors is essentially a panel of people who are elected to represent shareholders. ... The board is responsible for protecting shareholders' interests, establishing policies for management, oversight of the corporation.
Hope it helps a bit.
what is e-mail communication is most suited for?
a.assessing commitment to a project.
b.building consensus among disputing parties.
c.mediating a conflict between multiple parties.
d.communicating routine information.
Answers
The following situations are best handled via email communication : d. exchanging routine data. Updates, notifications, and other types of non-urgent information can be effectively shared with a large audience via email.
What exactly do you understand by email correspondence?This is due to the fact that technology makes it simple to document, distribute, and access crucial information without the need for face-to-face or real-time communication.
Email (or else electronic mail) is the term used to describe the transmission of computer-stored data across the internet from one person onto one or more recipients. Emails are a quick, easy, and cost-effective way to communicate for personal as well as professional uses.
Unlike messages, in-person meetings, even online virtual meetings, email frequently only allows for one-way communication, so it does not permit a simple instant exchange of ideas.
Email is essential for communication since it enables people to communicate information in the form of letters and may even replace conventional mail delivery systems.
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A government adopts a more progressive rate on income taxes. According to
the table, which citizen is more likely to have higher taxes as a result of this
fiscal policy?
Citizens
Citizen A: A wealthy business owner
Citizen B: A poor farmer
A. Both citizens
B. Citizen B
C. Citizen A
D. Neither citizen
Answers
Answer:
C. Citizen A
Explanation:
Answer: option C.
Explanation:
citizen A
about how long will it take for 100 qualified suspects to become 10 new clients?
Answers
There is no set timeline for how long it will take 100 qualified suspects to become 10 new clients as it depends on various factors. It ultimately depends on how well the sales team can convert these suspects into clients. Factors that can affect the timeline include the quality of leads, the sales team's skills, the sales process, and the product or service being offered.
If the leads are high-quality and pre-qualified, it may take less time to convert them into clients. However, if the sales team needs to spend more time nurturing and educating the leads, it may take longer. Additionally, if the sales process is inefficient or if the product or service being offered is not a good fit for the leads, it may take even longer or result in no conversions at all.
In general, a realistic timeline for converting 100 qualified suspects into 10 new clients may take anywhere from a few weeks to a few months. It ultimately depends on the specific circumstances.
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Grant started a business this year. He earned $200,000 in revenues and had $150,000 in expenses. His other alternative would have been to go back to his old job, where he earned $70,000. What are Grant's "true" profits from his business
Answers
Answer:
Profit from the business = $50000.
Explanation:
Total revenue from the business = $200000
The total cost that occurred in business = $150000
Now we have to calculate the true profit from the business. So, it can be calculated by subtracting the total cost from the total revenue.
Below is the formula to find the profit.
Profit = total revenue – total cost
Now insert the given values in the formula.
Profit from the business = $200000 - $150000
Profit from the business = $50000
The amount of Grant's "true" profits from his business is $50000. Profits are termed as the total revenues that the firm earns on selling the produced goods and services.
Given information are:
Total revenue from the business = $200000
The total cost that occurred in business = $150000
Computation of profit:
Profit = Total Revenue- Total Cost
Profit = $200000- $150000
Profit = $50000
Therefore, the amount of profit the company earned is $50000.
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3.1.5. Discuss the characteristics of a mixed Economy.
Answers
Answer:
A mixed economy has three of the following characteristics of a market economy. First, it protects private property. Second, it allows the free market and the laws of supply and demand to determine prices. Third, it is driven by the motivation of the self-interest of individuals
Explanation:
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If you can choose to produce
televisions and phones, and you
produce 100% televisions, how many
phones can you produce?
A. 0%
B. 25%
C. 50%
D. 100%
Answers
answer: A
because you are producing 100% tv so you will produce 0% phones.
Mintzberg proposed that an organization has five common elements that may have differing sizes and functions depending on purpose:
True or False
Answers
Mintzberg had proposed that an organization has five common elements that may have differing sizes and functions depending on purpose and these elements are:
1. The Simple Structure of an organization
2. The Adhocracy
3. The divisional organization
4. The machine organization
5. The Professional organization.
Who was Minzberg?Henry Minzberg is a Canadian academia and author of several business and management books.
He proposed the famous five elements that an organization should have and these five elements depended on several purpose and functions. So the answer is True.
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Sorting customers by their physical and social characteristics is called ______ segmentation.
Answers
Sorting customers by their physical and social characteristics is called demographic segmentation.
In economic and business, Demographic segmentation generally can be defined as a precise form of audience identification based on data points. The data point that usually used to precise form of audience are like age, gender, marital status, family size, income, education, race, occupation, nationality, and also religion. Each of variable or also criteria is called as a variable of demographic segmentation. Beside that, there are three main criteria of demographic segmentation, there are birth, migration, and aging.
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In value-chain analysis, value is measured by total revenue.a) Trueb) False
Answers
Answer:
True
Explanation:
In a value chain analysis value is often measured in terms of revenue. In short value-chain analysis describes all of the activities that a business employs to create a product or service.