Martha visits a departmental store and learns that a box of exotic candles would cost her ten percent more than what she had paid for it six months ago. In this scenario, Martha has to pay more as a result of__________
Fill in the blanks with correct word.
ANSWER: inflation
Inflation is a measure of the decrease in the value of money, generally expressed as the percentage reduction in value since the previous year, which is the rate of inflation.
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Which of the following does not represent the impact of the use of stock options when comparing operating cash flows?
A. Stock based compensation impacts income taxes and that impact is reflected in the statement of cash flows. B. Stock based compensation is not presented in the statement of cash flows. C. Stock based compensation is a simultaneous operating and financing transaction and must appear in both sections of the statement of cash flows. D. Firms not using stock options will generally have lower compensation expense and higher net income.
What are some viable options for refusing social networking recommendation requests?
What will be an ideal response?
A manufacturing company that has only one product has established the following standards for its variable manufacturing overhead. The company bases its variable manufacturing overhead standards on direct labor-hours. Standard hours per unit of output 7.2DLHsStandard variable overhead rate$14.20per DLH?The following data pertain to operations for the last month: Actual direct labor-hours 5,100DLHsActual total variable manufacturing overhead cost$72,165 Actual output 600units?What is the variable overhead rate variance for the month?
A. $10,821 F B. $255 F C. $255 U D. $10,821 U
Which of the following statements regarding amortization is true?
a. Amortization of the premium causes the premium on bonds payable account to increase. b. Amortization of the premium causes the amount of interest expense to increase. c. Cash interest payments on bonds equals interest expense on the income statement when there is amortization of bond premium. d. Amortization of premium continues over the life of the bond until the balance in the account is reduced to zero.