PART IL MULTIPLE CHOICES (1 POINT EACH) Choose the best answer from the alternatives given for the following questions.
15. Which of the following short run cost curve, does the marginal cost curve not intersect at its minimum?
A. Average total cost .
B. Marginal cost
C.Average fixed cost
D. Average variable cost
16. Identify correct statement concerning firm operating in a perfectly competitive market
A. It doesn't have a market power to decide on the price of its product B. It might enjoy a positive profit in the long run
C. It can increase its market share through advertising
D. It sometimes produces differentiated (non homogenous) products.
17. Which of the following statements about the relationship between marginal cost and average cost is correct?
A. When MC exceeds AC, AC must be rising.
B. When MC is falling, AC must be rising.
C. When AC equals MC, MC is at its lowest point.
D. When AC exceeds MC, AC must be rising. X
18. Suppose a firm's total cost is 10,000 birr when nothing is being produced and it increases by 25 birr for each unit produced. Given this information, total cost equation of a firm is given by:
A. TC= 10,000+25Q
B. TC= 10,000/25Q.
C. TC=25+10,000Q
D. TC= 10,000-25Q
E. TC= 10,000-25°
19. If a simultaneous and equal percentage increase in the use of all physical inputs leads to a larger percentage increase in physical autput, a firm's production function is said to exhibit
A. Decreasing returns to scale.
B. Constant returns to scale.

C. Increasing returns to scale.
D. Diseconómies of scale.
20. A perfectly competitive firm's short-run supply curve is its marginal cost curve:
A. Above the minimum of average total cost curve
B. Above the minimum of average variable cost curve
C. Above the minimum of average fixed cost curve
D. Above break-even point
E. All except B and D
21. A profit maximizing firm operating in a perfectly competitive market would decide to stop production, in the short run, when:
A. Price is greater than average total cost
B. Price is equal to average total cost C. Price is equal to average variable cost
D. Price is less than average variable cost
E. Total cost outweighs total profit
22. If a given firm operating in a perfectly competitive market faces a marginal cost equivalent to (MC = 2Q) where Q is output in unit, and sells its product at 20 birr per unit, the optimum output level that this firm should produce equals:
A. 20 units
B. 2 units
C. 10 units
D. No sufficient information​

Answer:

benefits of quality management

The quality that might make you a poor candidate for a career in public relations is finding social interaction exhausting. Therefore, the correct answer is C.

Public Relations (PR) is the practice of maintaining a positive public image for individuals, companies, or organizations. A career in PR requires excellent communication skills, both written and verbal. It also demands strong interpersonal skills, including the ability to interact with people from diverse backgrounds and cultures.

In a career in PR, you will be required to interact with people from various backgrounds, including media representatives, clients, and customers. Effective communication and interpersonal skills are essential for building and maintaining relationships with these stakeholders. If you find social interaction exhausting, you may struggle to build and maintain these relationships, which could hinder your success in a career in PR.

Therefore, finding social interaction exhausting might make you a poor candidate for a career in Public Relations. Hence, the correct answer is C.

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Answer:

To calculate the amount of inventories at year end, we need to use the formula:

Amount of inventories = Units of inventory * (Original cost per unit + Selling and distribution costs per unit)

For Product A:

Amount of inventories = 20 * (R7 + R2) = R180

For Product B:

Amount of inventories = 25 * (R10 + R5) = R375

For Product C:

Amount of inventories = 15 * (R19 + R6) = R375

Therefore, the total amount of inventories at year end for Trace's Ltd business is:

R180 + R375 + R375 = R930

Explanation:

To contact the check writer if a check bounces the bank generally print the address of the check writer on the upper left-hand corner of the check.

Option B is correct

The bank generally prints the address of the check writer on the upper left-hand corner of the check to be able to contact the check writer if a check bounces or is returned due to non-sufficient funds (NSF). By having the check writer's address on the check, the bank can contact the check writer to inform them that the check bounced and to try to resolve the issue.

This also helps the bank to verify the identity of the check writer and to prevent check fraud.

Option B is correct

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Most applications will ask you to provide all of the following information except C. how long you want to work for the establishment,

Application can be described as the way o0f applying fo one job or the other in a paricular organization so that one can start job with tem.

It should be noted that during the application, there are different question that needed to be answered which could be differ from one organization to the other, such as days and hours that you are available to work as well as desired salary or wage in the organization.

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Answer:

Hmm i cant tell if this js a personal question but when Im shopping i normally use card.

Explanation:

Mainly because you never know if youre going to overspend, but i also alwalys bring atleast some cash with me incase the store doesnt take card

1)Trey will be able to claim a total child tax credit of $6,000 for his two daughters.

2)Since the 18-year-old daughter is over age 17, Trey cannot claim a child tax credit for her.

3)Trey will be able to claim a total child tax credit of $5,520 for his two daughters.

1)AGI of $108,800:

Since Trey's AGI is below the phase-out threshold for joint filers, he can claim the full child tax credit amount of $3,000 per child aged 6 to 17.

Child tax credit for 14-year-old daughter = $3,000

Child tax credit for 18-year-old daughter = $3,000

Total child tax credit = $3,000 + $3,000 = $6,000

2)AGI of $427,000:

Since Trey's AGI is above the phase-out threshold for joint filers, the child tax credit will be reduced by $50 for every $1,000 of AGI above the threshold.

Reduced child tax credit = Maximum child tax credit - (AGI - Threshold) ÷ 1,000 x $50

For the 14-year-old daughter, the maximum child tax credit is $3,000.

Reduced child tax credit for 14-year-old daughter = $3,000 - ($427,000 - $150,000) ÷ 1,000 x $50

= $3,000 - $13,500

= $2,150

3)AGI of $420,800, and daughters ages 10 and 12:

Reduced child tax credit for 10-year-old daughter = $3,600 - ($420,800 - $150,000) ÷ 1,000 x $50

= $3,600 - $13,540

= $3,060

Reduced child tax credit for 12-year-old daughter = $3,000 - ($420,800 - $150,000) ÷ 1,000 x $50

= $3,000 - $13,540

= $2,460

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The complete question is:

Trey has two dependents, his daughters, ages 14 and 18, at year-end. Trey files a joint return with his spouse. What amount of child tax credit (either as a child or a qualifying dependent) will Trey be able to claim in 2022 for his daughters under each of the following alternative situations? Use Exhibit 8-8. Required:

1) His AGI is $108,800.

2) His AGI is $427,000.

3) His AGI is $420,800, and his daughters are ages 10 and 12.

Cash and Cash Equivalents: 68,000 TL (500,000 - 100,000 + 300,000 - 10,000 - 27,000 - 3,000 + 8,000)

Inventory: 0 TL

Investments: 100,000 TL (the government bond purchased in transaction (1))

Total Assets: 168,000 TL

Liabilities:

Accounts Payable: 10,000 TL (the remainder of the inventory paid on credit in transaction (3))

Bonds Payable: 100,000 TL (the government bond purchased in transaction (1))

Total Liabilities: 110,000 TL

Equity:

Owner's Equity: 500,000 TL

Net Income: 58,000 TL (the difference between the sales price and the purchase price of the inventory, plus the coupon payments received from the government bond)

Total Equity: 558,000 TL

Total Liabilities and Equity: 668,000 TL

To find the total use of cash and cash equivalents during the year, we need to calculate the cash inflows and outflows.

Cash Inflows:

Coupon payments from the government bond: 12,000 TL

Cash Outflows:

Purchase of the government bond: 100,000 TL

Deposit in the bank: 300,000 TL

Payment for inventory: 50,000 TL

Payment of accounts payable: 10,000 TL

Total Cash Outflows: 460,000 TL

Net cash inflow/outflow: -448,000 TL

Total use of cash and cash equivalents during the year: 448,000 TL (Answer: c) 397.209,55 TL)

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Both leaders and followers bear responsibility, as they each had an obligation to safeguard the weak people under their care. So, the end mentor Paterno and different pioneers worry about the concern of liability regarding the disappointment of the program.

The disappointment of the program affects many individuals because Joe Paterno and the heads had the most power and obligation yet the mentors and players were additionally engaged with propagating the way of life that empowered the maltreatment to proceed.

All people engaged with the program had an obligation to safeguard the security and prosperity of their understudy competitors and their aggregate inability. Thus, we should realize that the two chiefs and supporters assume a part in the achievement or disappointment of any program.

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Paying interest, owing hidden costs that can add up, and having to make monthly payments for several years are all examples of C. disadvantages of using credit cards.

Even though credit cards can be an advantageous financial asset that allows consumers to purchase items and pay for them in installments, it is essential to keep in mind their negative aspects.

The primary drawback of utilizing credit cards is the interest rate charged on a balance. The longer you retain this balance, the more money will accumulate by paying off your debt slowly. This makes having too much credit card debt extremely expensive, notably if only minimum monthly payments are made.

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The fast food industry in South Africa can be classified as an oligopoly market structure.

In the short run, a profit-maximizing oligopoly firm in the fast food industry will operate where marginal revenue (MR) equals marginal cost (MC). The firm's demand curve is downward sloping, indicating that it can increase its profits by lowering its price and increasing its output. However, because the industry is oligopolistic, a firm's price and output decisions can affect its competitors' profits.

In the long run, the entry of new firms into the market is limited due to high barriers to entry. The existing firms can earn economic profits in the long run. The threat of potential new entrants can prevent firms from charging excessively high prices. In the long run, a profit-maximizing oligopoly firm will operate where price equals average total cost (ATC).

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The complete question is :

In light of the information presented above, identify and discuss the characteristics of the market structure that fits the fast food industry in South Africa. Explain the short and long-run profit maximization of this particular market structure.

The reason why Omondi will satisfy hungler for food before going to Chaka Ranch for entertainment includes:

By eating first, he can fully focus on and enjoy the entertainment without feeling uncomfortable or distracted by hunger. The entertainment venues also offer expensive and unhealthy food options, which may not be suitable for Omondi's dietary preferences or budget.

By eating, he can avoid spending money on unnecessary food or consuming food that does not align with his dietary choices. Also, some entertainment venues may not offer food at all.

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Note that based on the outcome, Paterno's intentions went wrong.

Rather than following up on the allegations against Sandusky, Paterno made it a priority to safeguard the reputation of the football program and university – which fettered his intentions.

Unfortunately, this created an environment that encouraged silence and cover-ups, allowing Sandusky to continue with his abuse for years despite clear indicators. The followers at Penn State could have galvanized a cultural shift by speaking out about the rampant abuse and demanding prompt action from university authorities.

In short, they had every opportunity to prioritize victim safety over retaining their loyalty towards the esteemed institution. Through the practice of holding the powerful accountable and advocating for transparency and action, it would have been possible to attenuate further harm and encourage a culture that emphasizes accountability and responsibility.

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Answer:

The four steps for solving a problem for basic reports are as follows:

Define the problem: This is the first and most important stage in problem resolution. It entails recognising the topic at hand and articulating it as precisely and specifically as feasible. This entails recognising the problem's symptoms as well as acquiring pertinent data and information.

Analyse the problem: After defining the problem, the following step is to analyse it. This entails breaking the problem down into its component elements and thoroughly evaluating each one. This might entail investigating causes and consequences, investigating potential remedies, and identifying any hurdles that must be addressed.

Create potential solutions: After analysing the problem, the following stage is to create potential solutions. This may entail brainstorming, assessing several ideas, and weighing the benefits and drawbacks of each. The objective is to find a solution that is as effective and efficient as feasible in addressing the problem.

Implement and track the solution: Once a solution has been established, the next stage is to put it into action and track its efficacy. This may entail testing the solution on a limited scale, making necessary improvements, and evaluating its influence over time. The objective is to guarantee that the solution is long-term effective, efficient, and sustainable.

The major theories discussed in Microeconomics by Austan Goolsbee are The law of demand, The principle of comparative advantage, and so on.

A well-known economist who has significantly advanced the study of macroeconomics is Austan Goolsbee.

A fundamental principle known as the law of demand states that there is an inverse relationship between a commodity's price and demand.  This implies that as a good's price decreases, consumers will be eager to buy more of it.

According to the comparative advantage principle, in order to benefit, nations should specialize in producing the goods and services in which they have a comparative advantage.

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This is a long essay. The essay has been written in the space that we have below

The need for successful supply chain management is fundamental in any organization, however, its significance becomes particularly notable in the public sector where efficient consumption of resources can have a meaningful effect on delivering public services. Knowing this to be true, the Office of National Treasury has formed five central pillars to direct governmental institutions in their procurement processes which I reflect upon here.

The following are 5 essential components of government sector supply chain management:

Value for Money - This term confirms the importance of maintaining financial prudence during procurement activities. It involves acquiring items and services for an equitable and sensible price, as well as organising the process to remain open, competitive, and consistent.

Fairness , Equity, and Transparency - Each pillar requires that methods through which goods and services are procured must ensure fairness, equality, and clarity at all stages. Providing everyone with equivalent opportunities and basing judgments off of unbiased criteria remains mandatory .  

Ethical and Professional Standards - This pillar is mooted to endorse moral and specialist contours for purchasing operations. Those involved should reside in integrity, trustworthiness, and equity when it comes to all areas concerning procurement, void of any form of deceit or manipulation.

Compliance with Legislation and Regulations - Every mechanism adopted needs to abide by extant legislation and regulations. Institutions must render procurement tasks compatible with applicable laws, policies, and regulations and transparently explain every deviation made from these standards.

Good Governance - Ensuring good governance during procurement operations is also paramount. Being conscious of having mechanisms transparent, answerable, and viable assuredly is advantageous, as one works towards including each stakeholder in the procedure.

Reflection:

Taking into account the current socioeconomic circumstances in South Africa and even more widespread issues surrounding incompetent leadership, tender irregularities, and embezzlement within government departments, I firmly believe that sustaining ethical and professional standards to be the most important pillar.

Since unwanted practices and fraudulent schemes taking place within procurement blockades have a detrimental effect on delivering public services and additionally absorb economic foundations, the mismanagement of funds not only causes waste but deprivation of optimal access to great support systems particularly among those who require that extra aid.

In summation, proper supply chain management remains essential in the public field and the Office of National Treasury persists in furthering guidance through five fundamental pillars.

By prioritizing value for money, fairness, equity, transparency, principles of morality and professionalism, compliance with legislative and regulatory matters, and good governance our government institutions could make sure that public finances and resources are used resourcefully and competently so citizens may gain from these crucial services.

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Those who could have reported Sandusky's behaviors may have chosen not to due to several psychological factors outlined by Lipman-Blumen. One of these factors is the fear of retribution, such as losing one's job or being ostracized by colleagues.

Those who witnessed Sandusky's behavior may have been afraid to speak up out of fear that they would suffer negative consequences. Another factor is the desire for acceptance and approval. Those who witnessed Sandusky's behavior may have been reluctant to report it because they wanted to maintain positive relationships with their colleagues and with Sandusky himself. They may have been worried about being seen as a troublemaker or a snitch.

Some individuals may have been experiencing cognitive dissonance, where they hold conflicting beliefs or values. They may have recognized Sandusky's behavior as wrong, but also believed that he was a good person or a valuable member of the organization.

This conflicting internal dialogue may have made it difficult for them to take action. The fear of retribution, the desire for acceptance, and cognitive dissonance are all psychological factors that may have contributed to why those who could have reported Sandusky's behaviors chose not to.

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The decision support system improved the efficiency of the railroads, paying special attention to the punctuality and speed of transportation on both passenger and commercial routes.  The Indian Railways encounter a number of difficulties, including the failure to ensure train punctuality.

Ticketless transit by passengers, damage to or theft of railroad property, and others. The railways suffer a considerable loss in income as a result.  By December 2023, 100% electrification of the broad gauge is the goal. In 2020–21, the speed of freight trains doubled to 46 kmph from 23 kmph in previous years. In January 2019, all unmanned level crossings on the broad gauge were removed.

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People who can describe problems, analyze options, make decisions, and carry out a plan have all of the fundamental abilities needed for effective problem solving.

The act of describing a problem, discovering the origin of the problem, identifying, prioritizing, and selecting alternatives for a solution, and executing a solution is known as problem solving. Defining the Issue. The first stage in almost any problem-solving methodology is to define or identify the problem.

It is the most challenging and crucial of all the steps. It entails diagnosing the situation so that the focus is on the actual problem rather than its symptoms. The Problem-Definition Process encourages you to define and comprehend the problem at hand in great detail.

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Information overload is a rising issue for organisations all over the world, and improving employee experience is a top concern for the majority of them. The problem is that, despite the fact that information overload is a well-known issue, it appears that most firms have yet to find effective methods to address it, which is rather concerning.

Information overload in the workplace refers to the large volume of irrelevant information that circulates among employees. In today's job, it is difficult to prevent information overload. Most businesses, from start-ups to huge corporations, are experiencing information overload.

It is also critical to deliver correct and timely information. People and organizations will make poor judgements in the absence of accurate, reliable, and timely information.

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b) all variables are significant as their p-value is less than 0.05

use =IF((MOD(C2,4)=1),1,0) for Q1

=IF((MOD(C2,4)=2),1,0) for Q2

=IF((MOD(C2,4)=3),1,0) for Q3

Sales Period Q1 Q2 Q3

14833 1 1 0 0

15067 2 0 1 0

15276 3 0 0 1

20181 4 0 0 0

15593 5 1 0 0

15532 6 0 1 0

15605 7 0 0 1

20661 8 0 0 0

15935 9 1 0 0

16240 10 0 1 0

16402 11 0 0 1

21288 12 0 0 0

16867 13 1 0 0

16779 14 0 1 0

16929 15 0 0 1

22726 16 0 0 0

16706 17 1 0 0

17117 18 0 1 0

17258 19 0 0 1

21515 20 0 0 0

17050 21 1 0 0

17406 22 0 1 0

17732 23 0 0 1

21751 24 0 0 0

17119 25 1 0 0

17427 26 0 1 0

17613 27 0 0 1

21626 28 0 0 0

16196 29 1 0 0

16169 30 0 1 0

16441 31 0 0 1

SUMMARY OUTPUT    

Regression Statistics  

Multiple R 0.967364502    

R Square 0.935794079    

Adjusted R Square 0.925916245    

Standard Error 611.1965097    

Observations 31    

ANOVA    

df SS MS F Significance F

Regression 4 141559915.4 35389978.84 94.73676965 4.14866E-15

Residual 26 9712590.51 373561.1735  

Total 30 151272505.9  

Coefficients Standard Error t Stat P-value Lower 95%

Intercept 20387.66234 303.6073655 67.15140886 1.12253E-30 19763.58846

Period 62.80681818 12.31290458 5.100893765 2.57549E-05 37.49728035

Q1 -5042.38961 316.5637949 -15.92851012 6.26883E-15 -5693.09581

Q2 -4925.446429 316.324246 -15.57087859 1.07184E-14 -5575.660228

Q3 -4798.378247 316.5637949 -15.15769751 2.01716E-14 -5449.084446

y^ = 20387.66234 + 62.806818*t -5042.3896*Q1 -4925.44643*Q2 -4798.378247 *Q3

b) all variables are significant as their p-value is less than 0.05

c)

22397.48

22460.29

22523.09

22585.9

respectively

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To reconcile the balance per bank with the balance per book, we need to adjust for the following items:

Deduct the NSF check of 600 TL that was returned by the bank.

Add the cash receipts of 540 TL that were recorded by the company but not yet reflected on the bank statement.

Add the correct amount of the check paid by the bank, which is 1.940 TL.

Deduct the checks that were written in October but not yet presented to the bank, which amounted to 1.230 TL.

Add the credit memorandum of 2.030 TL, representing the collection of a customer's note.

Deduct the service charges of 200 TL.

Deduct the checks written in November that have not been paid by the bank, which amounted to 1.330 TL.

Thus, the balance per book (before adjustments) can be calculated as follows:

Balance per bank: 4.000 TL

Less: NSF check (-600 TL)

Add: Cash receipts not yet on bank statement (+540 TL)

Add: Correct amount of check paid by bank (+450 TL)

Less: Checks written in October not yet presented to bank (-1.230 TL)

Add: Credit memorandum for collection of customer's note (+2.030 TL)

Less: Service charges (-200 TL)

Less: Checks written in November not yet paid by bank (-1.330 TL)

Balance per book (before adjustments): 2.560 TL

Therefore, the correct answer is not provided in the options. The balance per book (before adjustments) is 2.560 TL.

After preparing the necessary adjusting entries, the net (incremental) change in the total assets in the balance sheet can be calculated as follows:

Deduct the NSF check of 600 TL from accounts receivable.

Add the cash receipts of 540 TL to cash.

Add the correct amount of the check paid by the bank, which is 1.940 TL, to cash.

Deduct the checks that were written in October but not yet presented to the bank, which amounted to 1.230 TL, from cash.

Add the credit memorandum of 2.030 TL, representing the collection of a customer's note, to accounts receivable.

Deduct the service charges of 200 TL from cash.

Deduct the checks written in November that have not been paid by the bank, which amounted to 1.330 TL, from accounts payable.

Thus, the net (incremental) change in the total assets is:

(540 + 1.940 - 1.230 - 200) - 600 = 450 TL increase

Therefore, the correct option is option (b) 80 TL increase.

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The essay must consist of the main points of the directive, including the new policy, the timeline, and the consequences of non-compliance.

You can begin the essay by briefly explaining the recent ransomware attack and the financial impact on the company and emphasizing the importance of protecting company data and preventing future security breaches. State the purpose of the directive, which is to implement a new 2-factor authentication process for IT equipment access.

Offer resources or support for employees who may need assistance in setting up 2-factor authentication. Encourage employees to take the new policy seriously and to prioritize the security of company data. Thank employees for their cooperation and commitment to protecting the company's sensitive information.

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Your target market's demographics are likely to change over time. See why below.

Marketing demographics are factors that are used to categorize and segment a market, such as age, geographic location, education level, occupation, income, and so on. Marketing demographics make use of publicly available data.

Demography is the statistical study of human populations. Demographers use census data, surveys, and statistical models to assess population size, migration, and structure.

Demographic characteristics can be easily identified. A few examples are age, gender, family circumstances, education level, income, occupation, and race.

As a result, these characteristics evolve throughout time.

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1. What is a financial planner?

a qualified investment professional who helps individuals and corporations meet their long-term financial objectives

2. How do financial planners get paid?

on the basis of fees or commissions

3. Which of these do financial planners advise on?

investing

4. What is the role of a financial planner?

a qualified investment professional who helps individuals and corporations meet their long-term financial objectives

5. What is the CFP?

a formal certification of expertise in the areas of financial planning, taxes, insurance, estate planning, and retirement

4/22/2023

The amount of money received per the sale of each item  are fixed expenses. The answer is OPTION C.

Numerous expenses fall under the category of fixed costs, such as mortgage and rent payments, various types of salary, insurance, property taxes, interest fees, depreciation, and some utility bills. For instance, a new business owner would probably start off with fixed costs like rent and managerial salary.

Fixed expenses: Expenses that must be paid on a regular basis and usually have a set price, such as bills. Utility bills are an example of fixed expenses that can also be variable because the monthly cost varies based on usage. The frequency of fixed expenses can be weekly, monthly, quarterly, or yearly.

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The price index shows the greatest rate of inflation All changes show the same rate of inflation.

The option (D) is correct.

A price index is a proportion of the proportionate, or rate, changes in a bunch of costs over the long run. A purchaser cost list (CPI) measures changes in the costs of labor and products that families consume.

A price index to expansion rates is only a rate change in a cost record. An expansion rate can be processed at any cost file involving the overall condition for rate changes between two years, whether with regards to expansion. Every day a continuous ascent in the degree of costs in an economy.

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This question is not complete, Here I am sttsching the complete question:

Which change in the price index shows the greatest rate of inflation: 80 to 96, 100-125, or 150-180? Group of answer choices

(A) 100 to 125

(B) 80 to 96

(C) 150 to 180

(D) All changes show the same rate of inflation

The journal entry for Brown’s contribution to the partnership are:

Dr. Cash 34,000

Dr. Inventory 15,000

Dr. Equipment 29,000

Cr Notes Payable 12,000

Cr Althea Brown, Capital 66,000

For instance, the accompanying effects might be felt on the partner's capital record and outside premise: Commitments to the association - Build the capital record and outside premise. Appropriations: Lessens the capital record and outside premise.

These capital records address the responsibility for the organization by the accomplices. The Accomplices' Capital Record is an Individual record since it was intended for reporting changes connected with accomplices' capital.

Given:

Dr. Cash 34,000

Dr. Inventory 15,000

Dr. Equipment 29,000

         Cr Notes Payable 12,000

         Cr Trevor Smith, Capital 66,000

         (78,000-12,000)

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