Jack retired five years ago and now lives on a fixed-income annuity and a small savings account that pays him 1% interest on the balance. The current inflation rate is 1.7%. * 10 points A. Hurt B. Helped C. Unaffected

Answers

Answer 1

Answer:

Hurt

Explanation:

Inflation is a persistent rise in general price level.

Nominal interest = inflation rate + real interest rate

If inflation is 1.7% and he is paid 1% interest. The inflation level is higher than interest paid. So, Jake is hurt because he is not compensated for the inflation level


Related Questions

a 5-year term bond was issued by a company on january 1, 2017 at a discount. the carrying amount of the bond at december 31, 2018 will be:

Answers

Answer:

the options are missing, so I looked for them:

The same as the carrying amount at January 1, 2017.Higher than the carrying amount at December 31, 2017.The same as the carrying amount at December 31, 2017Lower than the carrying amount at December 31, 2017.

The correct option is 2. Higher than the carrying amount at December 31, 2017.

Explanation:

When a company issues a bond at a discount the journal entry should be:

Dr Cash

    Cr Bonds payable

    Cr Discount on bonds payable

As time goes on, the discount on bonds payable is amortized increasing total interest expense, but also increasing the bonds carrying value.

Suppose we are analyzing the market for coffee. For each of the events given below, state he demand curve and/or the supply curve would shift, provide reasons for the whether t shift, and indicate the effect on the equilibrium price and equilibrium quantity. (12 marks)
a. The price of tea, a substitute for coffee, falls.
b. The price of coffee beans decreases
c. A better method of harvesting coffee beans is introduced.
d. Consumer income falls because of a recession, and coffee is considered a normal g
e. Farmers expect the price of coffee beans to increase next month.
f. Currently, the price of coffee is $2.50 per cup above equilibrium.

Answers

Answer:

a. The price of tea, a substitute for coffee, falls.

demand curve will shift to the left, decreasing the equilibrium quantity and decreasing equilibrium price of coffee.

b. The price of coffee beans decreases

the supply curve will shift to the right, increasing total quantity supplied and decreasing equilibrium price.

c. A better method of harvesting coffee beans is introduced.

the supply curve will shift to the right, increasing total quantity supplied and decreasing equilibrium price.

d. Consumer income falls because of a recession, and coffee is considered a normal g

demand curve will shift to the left, decreasing the equilibrium quantity and decreasing equilibrium price of coffee.

e. Farmers expect the price of coffee beans to increase next month.

supply curve will shift to the left, since coffee bean farmers will not sell their products until the price rises. This will cause a shortage in the supply of coffee beans and a shortage int he supply of coffee, resulting in a higher equilibrium price.

f. Currently, the price of coffee is $2.50 per cup above equilibrium.

the demand curve will shift to the left, decreasing quantity demanded and decreasing equilibrium price

A decrease in the money supply will shift the aggregate __________ curve to the __________.
a. supply: left.
b. supply: right.
c. demand, left.
d. demand: right.

Answers

Answer: c. demand, left.

Explanation:

When money supply decreases in the economy there will be less cash available for people to spend on consumption as well as investment which are both components of the Aggregate demand curve.

The curve will therefore shift to the left to reflect that Aggregate demand has decreased as a result of the decrease in money supply.

Quinn and Courtney manage a factory in the toy air- plane industry, which is perfectly competitive in both the product market and the factor market. They have compiled the following per-day data on worke productivity umber of workers 0 4 arginal product 6 4 2
The price of toy airplanes is $100, the wage per worker is $200, and the rent per machine is $400. Assume the firm always produces the profit- maximizing quantity of airplanes using the cost- minimizing combination of inputs. If the marginal product of capital is 4, how many workers do Quinn and Courtney hire?

Answers

This question is incomplete, the complete question is;

Quinn and Courtney manage a factory in the toy air- plane industry, which is perfectly competitive in both the product market and the factor market. They have compiled the following per-day data on worker productivity

Number of workers           0      1     2     3     4     5     6

Marginal product               --     6     5     4      3     2     1

The price of toy airplanes is $100, the wage per worker is $200, and the rent per machine is $400.

Assume the firm always produces the profit- maximizing quantity of airplanes using the cost- minimizing combination of inputs. If the marginal product of capital is 4, how many workers do Quinn and Courtney hire?

Answer: Quinn and Courtney should hire Five ( 5 ) Workers

Explanation:

Given data;

Number of workers           0      1     2     3     4     5     6

Marginal product               --     6     5     4      3     2     1

price of toy P = $100

Wage of worker W = $200

Rent per machine r = $400

Now we know that a profit maximizing organization hire workers till the region or point where their marginal revenue product of labor equals the wages they pay.

so MRPL = Wage

Marginal product labor MPL × price = wage

we substitute

MPL × $100 = $200

MPL = $200 / $100

MPL = 2

So Marginal product labor is 2

Now if we check the table provided in the question;

we will find that a marginal product of 2 corresponds to 5 number of workers.

Therefore Quinn and Courtney should hire Five ( 5 ) Workers

The number of workers do Quinn and Courtney hire is 5.

The calculation is as follows:

MRPL = Wage

Marginal product labor MPL × price = wage

So,  

MPL × $100 = $200

MPL = $200 ÷ $100

MPL = 2

So Marginal product labor is 2

 Here we determine that a marginal product of 2 corresponds to 5 number of workers.

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Why do you think L.L. Bean empowered its employees to make independent decisions that ultimately have financial consequences?

Answers

Answer:

(Note please, the background of L.L. Bean was not stated. I am answering on a general note.)

L.L. Bean empowered its employees to make independent decisions that ultimately have financial consequences so as to save time needed to consult superior authorities for directions.

Explanation:

In the course of business, some customers might have needs and inquiries that have to be responded to on the spot so that they do not lose their patience and move to other competitors.

When an organization empowers its employees to make independent decisions that might affect the company financially, it is in a bid to serve the customers better by saving their time. This also instills trust and confidence in the company because the employees are knowledgeable of their services.

A medical facility does MRIs. Occasionally, the test yield inconclusive results and have to be repeated. Using the following sample data and n = 100, determine the UCL (to three decimals) for a two-sigma control chart.
Sample 1 2 3 4 5 6 7 8 9 10
Number of Retests 4 11 6 10 4 6 1 6 9 11
a) 0.118.
b) 0.068.
c) 0.144.
d) 0.129.

Answers

Answer:

a) 0.118.

Explanation:

The computation of the UCL is shown below:

Given that

N = 100

Sample    Sample size      Number of retests       fraction defective

1                      100                     4                                0.04

2                     100                      11                               0.11

3                     100                      6                               0.06

4                     100                      10                              0.1

5                     100                     4                                0.04

6                     100                      6                              0.04

7                     100                      1                                0.01

8                     100                      6                               0.06

9                     100                      9                              0.09

10                   100                      11                               0.11

Total              1,000                   68

Now p is

= 68 ÷ 1000

= 0.068

Now the standard deviation is

= √p(1 - p) ÷ √n

= √0.068 × (1 - 0.068) ÷ √100

= 0.025

Now the UCL is

= p + z × standard deviation

= 0.068 + 2 × 0.025

= 0.118

I need help please .

Answers

Answer:

Yes I think it does.  News channels can be saying different opinions.

No I do not.  People would like to hear the whole story.

Explanation:

Ragland Corp. purchases supplies on account for $1,000 and appropriately records the transaction in an asset account. A count of inventory at year-end indicates that $300 of supplies are remaining. The adjusting journal entry required at year-end includes (Select all that apply.)

Answers

Answer:

adjusting journal entry :

Debit : Supplies Expenses $700

Credit : Supplies Account $700

Explanation:

The adjustment that is required is the one that shows how the supplies have been utilized during the reporting period.

When supplies are used we Debit : Supplies Expenses  and Credit : Supplies Account by the amount of the decrease (amount used). Thus, the adjusting journal entry required is :

Debit : Supplies Expenses $700

Credit : Supplies Account $700

You decide to save a uniform amount at the end of each month for 12 months so you will have $1000 at the end of 1 yr. The bank where you have a savings account pays 6% interest per annum compounded monthly. How much money do you need to deposit each month

Answers

Answer:

$81.13

Explanation:

first we must calculate the effective monthly interest rate:

1.06 = (1 + i)¹²

1.004868 = 1 + i

i = 0.4868%

the future value of this annuity is given, but we need the monthly contribution:

monthly contribution = future value / FV annuity factor

future value = $1,000

FV annuity factor, 0.4868%, 12 periods = 12.32656

monthly contribution = $1,000 / 12.32656 = $81.13

Which of the following elements determine an organization’s structure in “The National Bank”?
Select one:
a. the organization’s mission
b. all of the above
c. the organization’s strategy
d. the organization’s size

Answers

Answer:

b. all of the above

Explanation:

The correct answer is that all of the above determine an organization's structure.

The organization's mission determines its structure because it establishes the main goal of the organization, and everything in the organization is ultimately determined by that.

The organization's strategy also determines its structure because it establishes the departments, employees, and actions, similar to the way that the mission determines these things.

Finally, the organization's size is obviously related to its structure. A large organization will have a more complex structure than a smaller organization for example.

Determine which shipping alternative would be most economical to ship 125 boxes of parts when each box has a price of $200 and holding costs are 30 percent of price, given this shipping information: overnight, $300, two-day, $260, six-day, $180. (Round your intermediate calculations to 2 decimal places.)

Answers

Answer: Two-day option at $301.10

Explanation:

Total cost = Cost of Shipment + (H * shipment time)/365

H = Annual earning potential = 125 units * (200 * 30%)

= $7,500

Overnight shipping:

= 300 + 7,500 * 1/365

= $320.55

Two-day

= 260 + 7,500 * 2/365

= $301.10

Six-day

= 180 + 7,500 * 6/365

= $303.29

The Two-day option would be most economical.

Choose the best answer to fill in the blanks. When writing for business, it is important to be _______ and make sure that you always use ______ emphasis.

Answers

Answer:

positive and polite ; business

Explanation:

Business writing is very important in business. It may be defined as the type or kind of writing which is used in professional settings. It is written with the purpose of conveying relevant information to others in the business for clear and better understanding of the business proposals or important decisions.

A business writing written to a business partner or a client should always be polite and in a positive manner. It should be in effective manner and concise. It may include memos, client proposals, emails, etc.

The writing should be formal writing giving emphasis to business matters and to the point. It is a professional communication tool.  

The study of how goods and services are produced, consumed, exchanged, and distributed through a system of resources, markets, institutions, and agents is known as __________.

Answers

Answer: Economics

Explanation:

Economics is a very important part of our daily lives as without it we would not have an understanding of the way the economy runs which will lead to even more suffering than human society today.

Economics encompasses the study of the production of goods and services as well as how these goods and services are consumed and exchanged. It encompasses the resources, markets and institutions needed to keep these goods flowing.

Zellers, Inc. is considering two mutually exclusive projects, A and B. Project A costs $75,000 and is expected to generate $48,000 in year one and $45,000 in year two. Project B cost $80,000 and is evpected to generate $34,000 in year one, $37,000 in year two, $26,000 in year three, and $25,000 in year four. Zellers, Inc.'s required rate of return for these projects is 10%. The net present value for Project B is:

Answers

Answer:

$18,097.12

Explanation:

Year    Costs)/revenues     Discount factor     Present value

0           -$80,000.00                   1                    -$80,000.00

1              $34,000.00           0.909090909      $30,909.09

2             $37,000.00           0.826446281        $30,578.51

3             $26,000.00           0.751314801          $19,534.18

4             $25,000.00           0.683013455        $17,075.34

Total                                                                     $18,097.12

So, the net present value for Project B is $18,097.12

Note:

Net present value = Present value of cash outflows - Present value of cash in flows.

Discounting factor at 10% ==> Year 0 = 1/1+d)^0 = 1/(1+0.1)^0 = 1/(1.1)^0 = 1/1 = 1

highlight four ways in which business risk may be classified​

Answers

Answer:

Business risk usually occurs in one of four ways: strategic risk, compliance risk, operational risk, and reputational risk.

Explanation:

As a result of technological innovation, automated water pumps are being installed on the farms of Kenyan tomato farmers. As a result of the increased use of automated water pumps, the equilibrium price of tomatoes will:

Answers

Answer: Fall due to increase in supply

Explanation:

The automated water pumps will help in irrigation of tomatoes as a result of this, sooner or later the problem of irrigation will be solved and there will be more production of tomatoes.

If the demands remains unchanged in the market for the tomatoes then it will lead to lower equilibrium price and the quantity increases.

Due to the automated water pump there will be a rise in the quantity of the tomatoes so the price equilibrium will fall.

What is the capital gains tax?
A. Tax that is paid to people who are self-employed
B. Tax that is used to provide income for retired and disabled people and
C. Tax that applies to investments and other personal property
D. Tax that is used to provide medical benefits for people age 65 and older

Answers

C) I think the answer is C

Answer: C. Tax that applies to investments and other personal property

Explanation:

E 2022

A cup of Starbucks coffee is just as good as a cup of Dunkin Donuts coffee for me (assuming equal sized cups.) The price of coffee at Starbucks used to be $1.50 compared to $1 at Dunkin Donuts. The price of Starbucks coffee increased. My utility is unchanged after the price changed. True False

Answers

Answer:

TRUE

Explanation:

It is given that both Starbucks coffee as well as Dunkin Donuts coffee are both perfect for me. They taste same and the quality of the coffee in both are same. The price of Starbucks coffee is more than the coffee in Dunkin Donuts. As a customer I would prefer the lower cost item i.e. the Dunkin Donuts coffee.

After the pandemic, the price of the Starbucks coffee have increased. But my utility of purchasing coffee from Dunkin Donuts is not changed as the price of the Dunkin Donuts coffee is still the lowest between the two. So I will continue buying coffee from Dunkin Donuts like before. Thus my utility remains unchanged.

A student takes out a college loan of $7000 at an annual percentage rate of 5%, compounded monthly. a. If the student makes payments of $800 per month, how much, to the nearest dollar, does the student owe after 5 months

Answers

Answer:

$3,114

Explanation:

The question in other words requires us to find the future value (FV) of the loan after 5 years when monthly payments of $800 are being made every month.

So, using a Financial calculator this can be solved as follows :

PV = $7000

I = 5 %

P/Yr = 12

PMT = - $800

N = 5

FV = ?

Solving for FV by inputting the values as above in the calculator we get $3,114

Conclusion :

The student owes $3,114 after 5 months

QUESTION 3
Fatin is the owner of Radar PC & Printers. She purchased 10 printers and 20 toners at RM500
and RM150 each. The invoice as dated 14 December 2020. She was offered a series trade
discount of 12%, 8% and cash discount term 7/10, 5/20 and n/30. Fatin paid the invoice on 30
December 2020.
a) Find the amount paid on 30 Dec 2020
(3 marks)
b) Find the net price of a printer
(1.5 marks)
c) Find the net price of a toner
(1.5 marks)
d) Find the total selling price if the owner wanted a net profit of 25% based on selling price
and operating expenses are 15% based on cost.
(3 marks)
e) Find the selling price of a printer and a toner
(3 marks)
f) Fatin managed to sell 8 printers and 15 toners at price in (e). The remainder was sold at
a markdown of 15% Do Fatin making any profits?
(5 marks
END OF QUESTION​

Answers

Answer:

a) 6,730.40

b) 418

c) 131.10

Explanation:

price after trade discount:

printer = 500 x (1 - 12%) = 440

toner = 150 x (1 - 8%) = 138

since the invoice was paid during the discount period, the total amount paid on December 30 was [(440 x 10) + (20 x 138)] x (1 - 5%) = 6,730.40

net price per unit:

printer = 440 x 0.95 = 418

toner = 138 x 0.95 = 131.10

d) total cost including operating expenses = (6,730.40 x 1.15) = 7,739.96

selling price = 7,739.96 / 0.75 = 10,319.95 ≈ 10,320

e) (printer + toner) x 1.15 = (418 + 131.10) x 1.15 = 631.465

selling price of 1 printer and 1 toner = 631.465 / 0.75 = 841.95 ≈ 842

f) yes, a profit was made since the original selling price was calculated assuming a 25% net profit, and the discount was only 15%

How do my educational choices connect with my long-term goals and vision for life?

Answers

Answer: They allow you to connect every choice you make to something larger (which ... RescueTime Goals help you stay committed to your long-term vision, stay ... Why it's so important to have long term goals for your career and personal life ... Creativity; Knowledge; Learning; Leadership; Recognition; Stability.

Explanation: -pls mark me as brainliest and thank me

Assume that Chris and Heather get married in 2019 and file a joint return. What is their taxable income and income tax

Answers

Question Completion:

Chris and Heather are engaged and plan to get married. Chris is a full-time student and earns $8,500 from a part-time job. With this income, student loans, savings, and nontaxable scholarships, he is self-supporting. For the year, Heather is employed and reports $83,600 in wages.

Answer:

Chris and Heather

Taxable income and income tax (jointly):

Gross income               $92,100  

Standard deduction      24,000

Taxable income           $68,100  

Income tax                   $14,982

Explanation:

Chris' income = $8,500

Healther's wage= $83,600

Gross income =   $92,100

Standard deduction (jointly) = $24,000

Income tax rate = 22%

Income tax (jointly) = 22% of $68,100 = $14,982

Siskiyou Corp. has cash of $75,000; short-term notes payable of $100,000; accounts receivables of $275,000; accounts payable of $135,000: inventories of $350,000; and accrued expenses of $75,000. What is the firm's net working capital

Answers

Answer: $390000

Explanation:

First and foremost, we need to calculate the current assy from the given question which would be:

= $75000 + $275000 + $350000

= $700,000

Also, the current liabilities will be:

= $100000 + $135000 + $75000 = $210000

Therefore, the firm's net working capital willbe the difference between the assets and the liabilities calculated above. This will be:

= $700,000 - $210,000

= $390,000

Please help, please



QUESTION 2 of 10: You have enough inventory ($3,000,000) to last 30 days for the current orders being processed. However, a new order came in today, which has to be fulfilled in 15 days. This new order will deplete your inventory completely by that time. How much money in inventory must be ordered to last the month? O a) $1,000,000 Ob) $1,250,000 O c) $1,500,000 O d) $3,000,000​

Answers

Answer:

c) $1,500,000

Explanation:

Typically inventory for $3,000,000 will last for 30 days. The current order will be depleted by the 15th, which is half of 30 days. You require inventory to run for another 15 days. The inventory required will be half or $3,000,000

=$3,000,000 /2

=$1,500,000

2. What is the difference between international marketing and global marketing

Answers

Answer:

Global and international

plz follow and thanks me

Explanation:

Global marketing views the whole world as one, and creates products that will only require weeks to fit into any regional marketplace.

International marketing means that marketing decisions are made in the individual countries, with staff who is the most knowledgeable about the target markets.

hope it's help

Jane is preparing a CMA for a seller’s property. She chooses three comparables and makes the adjustments to take into account each one’s differences with the seller’s property. Comparable 1 has an adjusted value of $289,500. Comparable 2 has an adjusted value of $295,700. Comparable 3 has an adjusted value of $291,300. How will Jane arrive at an estimate of the value of her seller’s property?

Answers

Answer:

Jane will arrive at an estimate of the value of her seller’s property by calculating the average for the 3 comparable adjusted values that she has obtained.

This means that the value of the property should be around $292,167.

Explanation:

a) Data and Calculations:

Adjusted values of:

Comparable 1 = $289,500

Comparable 2     295,700

Comparable 3      291,300

Total values =   $876,500

Average value = $292,167 ($876,500)

b)A comparative market analysis (CMA) is a series of steps followed to estimate a property's value based on some recently sold and similar properties at same locations as the property being offered for sale or purchase.  It is used by the real estate agents and brokers to create their CMA reports, which help the real estate sellers to set the best listing prices for their properties.  It is also used by buyers to help them make competitive offers for homes on sale.

Which method of primary research in which marketers study consumers and be their behavior in naturally environment

Answers

Answer: Observation

Explanation:

In the observation method, potential customers are studied by their behavior in the natural environment. Examples include shopping, purchasing, complaint, Product return, listening to their demands, and so forth.

This data is recorded and later is used for the analysis of the customer pattern. A great example of this is the search engines in the web browsers which closely observes the user demands and presents them in minimal time.

Answer: ethnographic research

Explanation:

Which of the following is one of the three stages in preparing a cash budget?



A. Calculating financial Ratios

B. Estimating expenses

C. Calculating Depreciation Expenses

D. Finalizing the Balance Sheet

E. Preparing the Bank Reconcilation Report

Answers

Hello

I am not sure ..but still I think ..

Estimating expenses

Hope it helps. .

please mark me as brainliest

Estimating expenses is one of the three stages in preparing a cash budget. The correct option is B.

What is the cash budget method?

A cash budget is an organization's projection of its expected cash inflows and outflows over a given time frame, which may be weekly, monthly, quarterly, or annually. To assess whether it has enough cash on hand to maintain operations for the specified period, a corporation will utilize a cash budget.

The four components of the cash budget—cash revenues, cash disbursements, the net change in cash for the period, and new financing needed—represent a thorough plan of future cash flows. A cash budget assists in preventing a cash crunch during times when a business faces a large volume of expenses.

Thus, the ideal selection is option B.

Learn more about cash budget here:

https://brainly.com/question/15865418

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Explain the role that distribution plays in getting a product to customers.

Answers

Answer:

Please see below

Explanation:

Distribution means getting the goods produced from manufacturers to wholesalers, retailers and then final consumers. It enables consumers who are the last chain in the distribution processes, have access to the goods produced.

Distribution plays an important role in business operations by improving the relationship between manufacturers and consumers through continuous adjustments of the bottlenecks taken during the distribution processes.

Moreover, as a business grows, the importance of distribution cannot be over emphasised because customers trust that the goods purchased would be brought to them in a timely manner and without any other complaints by them.

In June, an investor purchased 300 shares of Oracle stock at $20 per share. In August, she purchased an additional 400 shares at $25 per share. In November, she purchased an additional 400 shares, but the stock declined to $23 per share. What is the weighted mean price per share?

Answers

Answer:

$22.91

Explanation:

Calculation for What is the weighted mean price per share

Weighted mean price per share=300 shares*$20 per share+400 shares*$25 per share+400 shares*$23 per share÷300 shares+400 shares+400 shares

Weighted mean price per share=$6,000+$10,000+$9,200/1,100

Weighted mean price per share=$25,200/1,100

Weighted mean price per share=$22.91

Therefore the weighted mean price per share will be $22.91

Other Questions
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