suppose the economy is in an equilibrium in which real gdp is less than potential gdp. to increase real gdp, the government can use a fiscal stimulus of
Answers
To increase real GDP, the government can use a fiscal stimulus of increased government spending or tax cuts or both.
Suppose the economy is in an equilibrium in which real GDP is less than potential GDP.
To boost real GDP, governments can use fiscal stimulus in the form of increased government spending and/or tax cuts.
The purpose of the stimulus is to increase aggregate demand so that it meets or exceeds potential output.
The goal of using a fiscal stimulus is to put more money into the economy, which encourages consumer spending, investment, and job growth. Government spending could be on anything from infrastructure to social programs, and tax cuts could be given to individuals or businesses.
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Related Questions
Kubin Company’s relevant range of production is 12,000 to 16,000 units. When it produces and sells 14,000 units, its average costs per unit are as follows:
Direct materials $ 7.30
Direct labor $ 4.30
Variable manufacturing overhead $ 1.80
Fixed manufacturing overhead $ 5.30
Fixed selling expense $ 3.80
Fixed administrative expense $ 2.80
Sales commissions $ 1.30
Variable administrative expense $ 0.80
Required:
1. If 12,000 units are produced and sold, what is the variable cost per unit produced and sold?
2. If 16,000 units are produced and sold, what is the variable cost per unit produced and sold?
3. If 12,000 units are produced and sold, what is the total amount of variable cost related to the units produced and sold?
4. If 16,000 units are produced and sold, what is the total amount of variable cost related to the units produced and sold?
5. If 12,000 units are produced, what is the average fixed m
Answers
Answer:
1. If 12,000 units are produced and sold, what is the variable cost per unit produced and sold?
variable cost per unit = $7.30 + $4.30 + $1.80 + $1.30 + $0.80 = $15.502. If 16,000 units are produced and sold, what is the variable cost per unit produced and sold?
variable cost per unit = $7.30 + $4.30 + $1.80 + $1.30 + $0.80 = $15.503. If 12,000 units are produced and sold, what is the total amount of variable cost related to the units produced and sold?
$15.50 x 12,000 = $186,0004. If 16,000 units are produced and sold, what is the total amount of variable cost related to the units produced and sold?
$15.50 x 16,000 = $248,0005. If 12,000 units are produced, what is the average fixed m
average fixed manufacturing cost = ($5.30 x 14,000) / 12,000 = $6.1833 average fixed selling expense = ($3.80 x 14,000) / 12,000 = $4.4333average fixed administrative expense = ($2.80 x 14,000) / 12,000 = $3.2667total fixed expenses per unit = $13.8833What type of competition does a pizza parlor vs. an ice cream shop represent?
Answers
Answer:
Explanation:
Its an indirect competition because we know that a pizza parlor and ice cream shop belong to the same sector i.e. Food but in case of products sold we can observe that pizza is not the same product as an ice cream because one is considered as a fast food while other is mainly eaten as a dessert. If the pizza shop sold ice cream along with pizzas tooo then we might have come across a direct competition to some point.
But in this case the sector is same but the products sold are different therefore this competition can be considered as an indirect competition between the two parties.
Therefore we can conclude from the above statements that we can classify this competition as an indirect competition.
Which domain suffix is most frequently used by businesses?
A. .com
B. .edu
C. .gov
D. .org
Answers
Answer:
.com
Explanation:
.edu means education
.gov means government website
.org websites are mostly personal or local
.com means commercial
The domain .com is most frequently used by businesses.
What is a business?
Business refers to an enterprising entity or organization that carries out professional activities. They can be commercial, industrial or others. The purpose of a business is to organize some sort of economic production(of goods and services).
The business strategy plays an important role in survival and growth of a business. Business strategy refers to the set of plans, actions and strategies that helps the organization attaining the goals and objectives. The two types of business strategies are the business unit strategy and corporate strategy.
Businesses can be for-profit entities or non-profit entities. Business types range from limited liability companies to sole proprietorships, corpirations and partnerships.
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During the conduct of an audit, auditors may ldentify mlsstatements as a result of the completion of their substantive procedures. An Important actlvity performed in the completion stages of the audit
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During the completion stages of an audit, the auditors conduct a review of the financial statements that have been prepared by the organization's management team. An important activity performed during this stage is to ensure that all identified misstatements are addressed and corrected accordingly.
The auditors may identify misstatements as a result of the completion of their substantive procedures during the conduct of an audit. The substantive procedures involve testing the account balances, transactions, and disclosures of the organization to ensure that they are accurately stated and recorded. If the auditors identify misstatements in the financial statements, they are required to communicate the misstatements to the organization's management team and recommend that they be corrected. The auditors may also suggest additional procedures to be performed to determine whether any other misstatements exist that were not identified during the substantive procedures. Once all the misstatements have been identified, the auditors will perform additional procedures to ensure that they have been corrected accordingly. This may involve retesting the account balances, transactions, or disclosures that were found to have misstatements, or requesting additional documentation from the organization's management team to support the corrections. Finally, the auditors will issue an audit report that outlines their findings and conclusions regarding the financial statements of the organization. The audit report will include any qualifications or disclaimers that the auditors feel are necessary to provide a fair and accurate assessment of the organization's financial statements. In summary, the completion stages of an audit involve a detailed review of the financial statements to ensure that they are accurate, complete, and free from material misstatements. Any misstatements that are identified are communicated to the organization's management team and corrected accordingly.
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Lisi Crichton operates a variety store. Her brother does custom welding and made some racks to hold videos. Lisi gave her brother $5,000 cash and did not get a bill. A similar rack was on display at a department store for $1,000. You are told to book an expense on the company financial statement for $5000. What will you book the amount for?
Answers
Answer:
$1,000
Explanation:
Fixed assets must be recorded at historic cost or purchase value. Their valuation is not affected by changes in market values, e.g. land might appreciate over time, but its historic cost will be used for accounting purposes.
In this case, Lisi doesn't have a bill to show the price of the rack, and since she paid in cash, she has no way of proving what she actually paid for it. In this case, in order to record the purchase of the rack you must use the fair market value of similar racks.
Imagine if someone could just say that they purchased things at X price but didn't get a bill, soon people would be recording buying pencils at $500 each because they are gorgeous and perfectly crafted.
a loss that is judged to be probable and for which the amount is reasonably estimable should be
Answers
Answer:recorded
Explanation:
The loss that its amount is reasonably estimable and judged to be probable should be recorded.
In accounting, the outcome of the preparation of the Income statement is to determine the profit or loss generated by the company in an accounting year.
Because an account is prepared annually, then, an loss that is more probable and can be estimated is expected to be recorded.
Therefore, the loss that its amount is reasonably estimable and judged to be probable should be recorded.
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Karen makes custom jewelry. In order to sell her jewelry, Karen rents a small kiosk at the local mall for $50 per month. She must buy blank medallions, stones, and chains to make her custom necklaces. These supplies cost approximately $30. Karen sells her necklaces for $55 each. How many necklaces must she sell to cover her costs?
Answers
Answer:
She will break even each month / cover her costs by selling 2 necklaces
Explanation:
If it's $50 a month, that is Karen's total monthly costIt costs $30 to make each necklaceShe sells the necklace for $55 eachTotal profit for each necklace therefore = sales price - cost, or $55 - $30, which is $25 profit per necklaceTo cover rent, which is $50, you take rent / profit per necklace or $50 / $25 profit per necklace, which is 2 necklacesTopline is a department store chain and does business in many countries. The store managers had complained that they would like to offer different goods to meet local tastes but the centralized purchasing group did not allow them to make such decisions. The president decided to give the local store managers a significant amount of authority to source much of the goods they need. This decision improves the sales and profit margins at those stores. The company has changeda. From centralization of authority to decentralization.b. From decentralization of authority to centralization.c. All of the above.d. None of the above.
Answers
Answer: From centralization of authority to decentralization.
Explanation:
Centralization is when decisions are taken by the bosses or those at the top tier in the workplace. Decentralization is when lower level staffs are involved in making decisions in a company.
Since Topline moved away from the centralization to the president giving authorities to the local store managers, this represents centralization of authority to decentralization.
Which are costs of a college education? Check all that apply.
•tuition
•federal grants
•books and fees
•room and board
•student loan interest
•academic scholarships
Answers
-tuition (you need to pay for your education)
-books and fees (materials you need and other miscellaneous fees)
-room and board (you obviously need a place to stay while in college)
-student loan interest (if you opt to get a loan instead of paying for your tuition on the spot)
The cost for college education are tuition, books and fees, room and board, student loan interest.
What is a cost?A cost is the value of money that has been expended to create something or provide a service and is therefore no longer available for use in production, research, retail, and accounting. In the case of a purchase cost, the money spent on the acquisition is considered the cost. In this instance, money is the resource used to obtain the item.
The cost of a college education involves:
tuition - The fees we need to pay for our education.books and fees - The materials we need and other miscellaneous fees.room and board - We obviously need a place to stay while in college.student loan interest - If we opt to get a loan instead of paying for our tuition on the spot.Therefore, all the cost required for a college education is mentioned above.
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Is competition good for business?
Is it good for consumers?
Answers
Answer:
yes and yes
Explanation:
write a sentence of interpretation for this point. producers are willing to supply 3.790 correct: your answer is correct. million units at a market price of $ 3 correct: your answer is correct. per unit. below $ 3 correct: your answer is correct. per unit, producers will shutdown. (b) locate the point of market equilibrium. (round your answers to three decimal places.)
Answers
The point of market equilibrium for this situation is when the market price equals \($3\) per unit and the quantity supplied and quantity demanded are equal, which is \(3.790\) million units.
In economics, equilibrium refers to a state in which the demand for a particular good or service is equal to the supply of that good or service in the market. This state is also known as market equilibrium or price equilibrium.
Market equilibrium occurs at the point where the quantity demanded of a good or service is exactly equal to the quantity supplied by producers. At this point, there is no shortage or surplus of the good, and the price is stable. The equilibrium price is the price at which the quantity demanded and the quantity supplied are equal.
Market equilibrium is influenced by several factors, including changes in consumer preferences, technology, production costs, government policies, and the overall state of the economy. In a competitive market, prices will adjust to bring the market toward equilibrium.
The interpretation of the given statement is that at a market price of \($3\) per unit, producers are willing to supply \(3.790\) million units. If the market price were to fall below \($3\) per unit, producers would not be willing to continue production and would shut down. The point of market equilibrium for this situation is when the market price equals \($3\) per unit and the quantity supplied and quantity demanded are equal, which is \(3.790\) million units.
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When the mortgage rates get high, the housing market will collapse, as fewer people will take loans for buying houses because of higher interest rates, and this will result in a
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the gaap hierarchy lists which source of authoritative accounting guidance as highest in priority?
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The GAAP hierarchy lists the following source of authoritative accounting guidance as the highest in priority: FASB Accounting Standards Codification (ASC).
Financial Accounting Standards Board (FASB) is the source of authoritative accounting guidance for private entities in the United States. The GAAP hierarchy lists the following sources of authoritative accounting guidance in order of priority:
FASB Accounting Standards Codification (ASC), FASB Statements of Financial Accounting Standards (SFAS), FASB Interpretations (FIN), AICPA Statements of Position (SOP), AICPA Accounting Research Bulletins (ARB), and AICPA Practice Bulletins (PB). The hierarchy was established by the Financial Accounting Standards Board (FASB) to ensure that financial statements prepared under GAAP are useful and consistent.
The highest level of GAAP is the FASB Accounting Standards Codification (ASC), which is the single source of authoritative nongovernmental U.S. GAAP. The ASC replaced the myriad of accounting standards that had been issued over the years by various accounting standards-setting bodies and provided a single source of guidance that is more comprehensible. The ASC includes all of the accounting standards issued by the FASB and its predecessors, as well as guidance from SEC staff accounting bulletins and other authoritative sources.
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a two-year bond with par value $1,000 making annual coupon payments of $100 is priced at $1,000. what is the yield to maturity of the bond?
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A two-year note with a face value of $1,000 and an annual coupon payment of $100 is worth $1,000. The yield to maturity is the coupon rate and 10% is the yield to maturity of the bond.
In finance, the yield of a security is a measure of the prior rate of return of the holder of the security. This is one component of investment return, another component is the change in the market price of the security.
Yield has several different meanings. One is "produce or provide (something like a plant or crop)" or "produce (something) as a result of time, effort, or labor." Here are some examples of this usage. This soil gives a good harvest. The trees have brought a bountiful harvest this year.
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FILL IN THE BLANK. community development districts are often _____ with mixed uses.
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Community development districts are often integrated with mixed uses. Community development districts (CDDs) are typically designed and planned to incorporate mixed uses.
This means that within a CDD, there is a deliberate blending and integration of various land uses such as residential, commercial, recreational, and institutional. The goal is to create vibrant and sustainable communities that offer a range of amenities and services within close proximity to residents. Mixed-use development promotes walkability, convenience, and a sense of community by allowing residents to live, work, shop, and access recreational facilities within the same area.
This approach can enhance the livability and overall quality of life within the community development district. Therefore, community development districts are often integrated with mixed uses.
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Community development districts are often associated with mixed-use developments.
Community development districts (CDDs) are special-purpose governmental units created to provide essential infrastructure and services to a specific community or development. These districts are often associated with mixed-use developments, which combine residential, commercial, and recreational uses in a single area.
Mixed-use developments aim to create vibrant and sustainable communities by integrating different land uses and promoting walkability. They typically include a mix of housing options, such as apartments, townhouses, and single-family homes, along with retail spaces, offices, parks, and other amenities.
The presence of mixed uses within community development districts enhances the livability and convenience of the area, as residents have easy access to a variety of services and activities within close proximity.
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Read the sentence.
Because of the presence of many _[blank]_, California is a leader in entrepreneurship and innovation.
Which best completes the sentence?
A)court battles
B)wealthy investors
C)hardships
D)frontier people
Answers
D) frontier people
Answer:
the correct answer is wealthy investors
Explanation:
I got a 100% on the test and answer D was icorrect the first time I took it.
If the High Rate Method makes the most mathematical sense, why would anyone use the Snowball Method instead?
It saves more money in interest
It increases the number of debts you have to repay
It increases the number of monthly payments you need to make
Paying off any debt in full feels good and motivates you to keep going
Answers
Paying off any debt in full feels good and motivates you to keep making the most mathematical sense, would be used by the Snowball Method instead. Thus, option D is correct.
What is mathematical?
Mathematical subjects encompass things and their changes, forms and the locations in which they exist housed formulae and supporting structures, and numerals.
The Snowball Method would just be employed in its place since repaying off any debt completely feels wonderful and encourages you to continue. When a debt becomes paid in full, you transfer the funds you were using to make that payment to the subsequent, lowest loan. In a perfect world, this procedure would go on until all obligations were settled.
Therefore, option A is the correct option.
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what happens to the equilibrium price and quantity when demand decreases and at the same time supply increases, and the demand shift is relatively smaller than the supply shift?
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The equilibrium price falls, and the equilibrium quantity rises when demand decreases and at the same time supply increases, and the demand shift is relatively smaller than the supply shift.
What is equilibrium price?An equilibrium price is the result of balancing demand and supply. Prices have a tendency to return to this equilibrium unless some aspects of demand or supply change. When either demand or supply, or both, shifts or moves, the equilibrium price changes.
When the supply of goods equals the demand, the market is said to have reached equilibrium. The process by which equilibrium prices are reached is a competitive process.
Therefore, when demand decreases and at the same time supply increases, the equilibrium price falls, and the equilibrium quantity rises.
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An active primary market for the creation of new securities and the presence of plenty of buyers and sellers are all most indicative of _____.
an efficient monetary policy
a national economy
a competitive marketplace
sound financial management
Answers
An active primary market for the creation of new securities and the presence of plenty of buyers and sellers are all most indicative of a competitive marketplace. Thus, option C is correct.
What is the market?Markets are places where individuals, businesses, and industries transact, whether it be for the purpose of purchasing, producing, or providing services. they use it n order earning profits.
As there are various suppliers in the market, there is a face lot of people have various options from which the person could buy.
Customer competition is fueled by a competitive market. This implies that consumers struggle among others to purchase a commodity, particularly when inventory is low. Therefore, option C is the correct option.
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can someone please help me i will mark the first person that gives me the help i am looking for the brainlyest
Answers
Answer:
you should have made the screen shot small so that they cant see your name
Explanation:
also these are links so i dont know how to help with this
dude please charge ur phone
the original cost of the asset less the accumulated depreciation is the
Answers
Answer:
Book value
Explanation:
The Net Cost is the derived after the accumulated depreciation is deducted from original cost of the asset.
The Net cost is what is been derived after taking into account depreciation on the assets.
In other word, the Net cost refers to the gross cost of an object which is reduced by any expenses incurred from owning the object.
The Net cost will be derived after the gross cost of an office equipment minus the its salvage value.
Therefore, the Net Cost is the derived after the accumulated depreciation is deducted from original cost of the asset.
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Communication barriers are the different factors that disrupt messages. There are a variety of different strategies that can be used to overcome barriers in communication. You will list the five communication barriers and identify a strategy to overcome each of them. Rubric
Answers
Answer:
Explanation below
Explanation:
Language Barriers - both language and linguistic abilities can serve as barriers to communications between people. When people communicate using the same language, terminologies used in the message can form as barrier in the communication. It is best to use the language that can be rightly understood by the receiver.
Psychological Barriers – The psychological mind of the person receiving the message could serve as a barrier to communication. When people experience certain stress and personal issues, it could preoccupy their minds and that may make them not to be receptive to messages as expected. Stress management could help alleviate the challenges around this psychological barrier issues.
Physiological Barriers simply have to do with the receiver’s physical state. If the person is not hearing well maybe due to background noise, then the entire messages may not be grasped by the receiver. It is best to ensure there are no background noises.
Physical Barriers include the geographical distances between both the sender and the receiver of the message. Modern technologies have been used to reduce the impact of physical barriers.
Attitudinal Barriers are the behaviors or perceptions that hinder people from communicating effectively. Such barriers can come up as a result of personality conflicts between the people or resistance to change. It would be ideal if both parties that are communicating try to overcome their attitudinal barriers before they can communicate. Better enlightenment can be used here effectively to correct issues.
Pls help this is timed
Answers
Answer:
It's the first one Co-signer or gardien to make sure someone will repay
Answer:
The first one: Co-signer or Guaranteer to ensure someone else will repay.
Explanation:
This person is usually a parent of guardian but it's not required that they are. The bank just wants to make sure they'll get their money.
us-mobile manufactures and sells two products, tablet computers (75% of sales) and smartphones (25% of sales). fixed costs are $490,000, and the weighted-average contribution margin per unit is $70. how many units of each product are sold at the break-even point?
Answers
The number of units of tablet computers and smartphones that are sold at the break-even point are 5,250 units and 1,750 units respectively.
To calculate the number of units of each product sold at the break-even point, we will first find the total number of units needed to break even, and then distribute that number based on the sales percentages of tablet computers and smartphones.
In order to calculate the break-even point, follow these steps:1. Calculate the total number of units to break even:
Break-even point (in units) = Fixed costs / Weighted-average contribution margin per unit
Break-even point (in units) = $490,000 / $70 = 7,000 units
2. Determine the number of tablet computers and smartphones at the break-even point:
Tablet computers: 7,000 units * 75% = 5,250 units
Smartphones: 7,000 units * 25% = 1,750 units
At the break-even point, US-Mobile sells 5,250 units of tablet computers and 1,750 units of smartphones.
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At a certain amusement park, there is a bulk discount for tickets. If you buy up to 60 tickets in one order, the price for each ticket is $\$70$. However if you buy more than 60 tickets in a single order, the price of every ticket is reduced by $\$1$ for each additional ticket bought. If $t$ is the number of tickets bought in bulk at one time, what is the largest $t$ which will bring the amusement park a profit greater than $\$4200$?
Answers
The largest price which will bring the amusement park a profit greater than $4200 will be $65.
How to calculate the price?Let x be the number of additional tickets that can be sold.
It should be noted that the revenue is gotten by multiplying the number of tickets by the price.
Therefore, (60 + x)(70 - x) > 4225
The appropriate value that fits in will be 5.
Therefore, (60 + x)(70 - x) > 4225 will be:
= (60 + 5) × (70 - 5)
= 65 × 65
= 4225
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4. Identify three factors that can lead to conflict in a hospitality environment
Answers
Conflicts in hospitality environments can arise due to various factors, but some common factors include communication breakdowns, personality clashes, and workload imbalances.
Poor communication can lead to misunderstandings between staff members and with customers, which can result in conflicts. Personality clashes can arise when different personalities or work styles do not mesh well together, leading to friction and tension among employees. Workload imbalances can lead to feelings of resentment and unfairness, especially if some employees feel like they are doing more work than others without proper recognition or compensation.
Hospitality environments require effective communication, collaboration, and a positive work culture to prevent and address conflicts in a timely and respectful manner.
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curtis, without authorization and after many unsuccessful attempts to access the information, downloads a formula used by his employer to make an award-winning product. he plans to sell the formula to a competitor and make enough money to retire. instead, he may face:
Answers
criminal sanctions for deliberate trafficking in products or services bearing a counterfeit mark, appropriate attorneys' costs in rare circumstances.
What distinguishes a lawyer from an attorney?
All lawyers, counsels, and attorneys have received legal education and training. As previously stated, lawyers must pass the bar test in order to practice law in courts. Lawyers may or may not practice law and may or may not have passed the bar exam.
What four primary Lanham Act violations exist?
The Lanham Act defends intellectual property from deceptive advertising, unfair competition, trademark dilution, and trademark infringement. When one party uses a mark that is sufficiently similar to a well-known mark, dilution develops.
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Criminal penalties, as well as, in rare cases, appropriate attorneys' fees, may be imposed for the intentional trafficking of goods or services displaying a fake mark.
What sets a lawyer apart from an attorney?All counsels, attorneys, and lawyers have completed legal education and training programmes. As was previously said, in order to practise law in courts, attorneys must pass the bar exam. It is possible for lawyers to practise law and to have passed the bar test.
What are the four most common Lanham Act infractions?
Infringement, trademark dilution, unfair competition, and deceptive advertising are all protected by the Lanham Act. Dilution occurs when one party uses a mark that is sufficiently similar to a well-known mark..
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Manufacturing cost data for Copa Company are presented below.
Case A Case B Case C
Direct materials used $(a) $68,400 $130,000
Direct labor 57,000 86,000 (g)
Manufacturing overhead 46,500 81,600 102,000
Total manufacturing costs 195,650 (d) 253,700
Work in process1/1/17 (b) 16,500 (h)
Total cost of work in process 221,500 (e) 337,000
Work in process 12/31/17 (c) 11,000 70,000
Cost of goods manufactured 185,275 (f) (i)
Instructions
Indicate the missing amount for each letter (a) through (i).
Answers
The total manufacturing cost is calculated by adding the direct materials used, direct labor, and manufacturing overhead, which equals $195,650.
The missing amounts for each letter (a) through (i) in the Copa Company manufacturing cost data are as follows:
a - $68,400b - 16,500c - 11,000d - 195,650e - 221,500f - 253,700g - 86,000h - 70,000i - 337,000To calculate the missing amounts for each letter, you can use the given information from the manufacturing cost data. For example, for letter a, the direct materials used is $68,400. For letter b, the work in process on 1/1/17 is 16,500. For letter c, the work in process on 12/31/17 is 11,000. For letter d, the total manufacturing cost is calculated by adding the direct materials used, direct labor, and manufacturing overhead, which equals $195,650.
Similarly, the missing amounts for letters e to i can be calculated in the same manner. For letter e, the total cost of work in process is calculated by adding the work in process on 1/1/17 and the total manufacturing costs, which equals 221,500. For letter f, the cost of goods manufactured is calculated by subtracting the work in process on 12/31/17 from the total cost of work in process, which equals 253,700. For letter g, the direct labor is given, which equals 86,000. For letter h, the work in process on 12/31/17 is given, which equals 70,000. Finally, for letter i, the cost of goods manufactured is given, which equals 337,000.
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Mexico was famous - or infamous - for many years in having two...
Mexico was famous - or infamous - for many years in having two things every six years (cada seis años in Spanish): a presidential election and a currency devaluation. This was the case in 1976, 1982, 1988, and in 1994. In its last devaluation on December 20, 1994, the value of the Mexican peso (Ps) was officially changed from Ps3.30/$ to Ps5.50/$. What was the percentage devaluation?
Assumptions Rate Values
Spot rate, December 20, 1994 (Ps/$) S1 3.30
Spot rate, December 21, 1994 (Ps/$) S2 5.50
Calculation percentage of devaluation:
Percentage change in the peso versus the dollar -40.00%
Percent change = ( S1 - S2 ) ÷ ( S2 )
The peso since that time, and we have now weathered two additional six-year dates (2000 and 2006), has been remarkable stable against all major currencies, including the dollar.
Answers
The rate of decline of the Mexican peso in a given scenario is approximately 66.67%.
To calculate the rate of devaluation of the Mexican peso in a given scenario, you can use the following formula.
Depreciation rate = ((start value – end value) / start value) * 100
In this case, the Mexican peso had an initial value of Ps/$3.30 and a final value of Ps/$5.50. Substituting these values into the formula gives:
Depreciation Rate = ((3.30 - 5.50) / 3.30) * 100
Calculation simplification:
Depreciation rate = (-2.20 / 3.30) * 100
Depreciation rate = -0.6667 * 100
Depreciation Rate = -66.67%
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The correct question is :
Mexico was famous - or infamous - for many years in having two things every six years a presidential election and a currency devaluation. This was the case in 1976, 1982, 1988, and in 1994. In its last devaluation on December 20, 1994, the value of the Mexican peso (Ps) was officially changed from Ps3.30/$ to Ps5.50/$. What was the percentage devaluation?
Which parts of your business are not profitable?
Answers
Answer:
7 Problems Preventing Your Business From Being Profitable
Low prices. Setting prices is one of the first and most important decisions you'll have to make for your business.Too much overhead.Too many ongoing costs.Unseen or hidden costs.Fierce competition.A lack of market awareness. Inconsistency.