Answer:
a. borrowers gain at the expense of lenders
Explanation:
Inflation refers to the sustained increase of the price of a commodity over a period of time.
It can be caused due to increase in production cost or increased demand of a good or service.
The losers during inflation are the creditors because the money loaned out had more value or purchasing power compared to what is repaid. This is due to the fact the borrower will still owe the lender the same amount .
Answer:
Final Value= $120
Explanation:
Giving the following information:
How much is $100 to be received in exactly one year worth to you today if the interest rate is 20%.
We need to calculate the future value of the principal and the compounded interest:
FV= PV*(1+i)^n
FV= 100*1.20^1= $120
<h3>California Inc Estimated ending inventory is $319,000
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Explanation:
Goods available for sale = Beginning inventory + Net purchases
- California Inc Beginning inventory $310,000
- California Inc Net purchases = $905,000
- California Inc Goods available for sale = $1,215,000
Gross profit = Net sales * profit %
- California Inc Net sales = $1,280,000
- California Inc gross profit = 30%
- California Inc gross profit = $384,000
Estimated cost of goods sold = Net sales - Gross profit
- California Inc Estimated cost of goods sold = $1,280,000 - $384,000
- California Inc Estimated cost of goods sold = $896,000
Estimated ending inventory = Goods available for sale - Cost of goods sold
- California Inc Estimated ending inventory = $1,215,000 - $896,000
- California Inc Estimated ending inventory = $319,000
California Inc Estimated ending inventory is $319,000
Answer:
A
Explanation:
selective perception is a form of bias when new information is interpreted in a way that conforms to existing values and beliefs.
Answer:
The correct answer is c. Controlling scope.
Explanation:
The scope of control is the number of employees that a manager supervises. Companies work to determine the optimal number that managers can monitor while being effective on the job. The more employees a manager supervises, the broader their scope of control. Both a wide and narrow control range have clear advantages.
Managers don't spend all their time supervising employees. Ideally, they should spend most of their work hours doing non-managerial activities. The number of people that each manager can effectively supervise and at the same time complete their work in a timely manner depends on many factors. These include the job types of their subordinates, the type of product produced, the management style of the company, the personalities, and the size of the organization.
