BUSINESS COLLEGE

If wages grew 4.80 percent, but inflation was 3.60 percent, what was the approximate real increase in wages? (Enter your answer as a percent rounded to 2 decimal places.)

Answers

Answer 1
Answer:

Answer:

1.2%

Explanation:

The increase in wages must be bench-marked with the rate of inflation because  the increase in wages does not determine your purchasing power, If the rate of inflation exceeds the percentage increase wages, your purchasing power is is declining all things being equal..

The real increase in wages = Percentage increase in wages - Inflation rate

                                              = 4.80 percent - 3.60 percent

                                              =  4.80% - 3.60%

                                               =  1.2%

Therefore the approximate real increase in wages is 1.2%

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Answers

Answer:

Operating Activity

Explanation:

The Indirect method, reconciles the Operating Profit to the Operating Cash Flow by adjusting the following items (1) Non Cash flow items previously added or deducted from Operating Profit and (2) Changes in Working Capital items.

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Answers

Answer:

The correct option is D

Explanation:

Variable cost is the corporate cost or an expense which varies in proportion  or relation to the production output. Increase or decrease in the variable cost grounded on the production volume of the company or firm, which in short means that increase or rise in variable cost and the production increases and fall in variable cost, production decreases.

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(B) manages transportation and warehousing functions.
(C) consumes about one-half of every dollar spent on products in the United States.
(D) links producers to other marketing intermediaries.
(E) directs the flow of products from producers to customers.

Answers

Answer:

Option E                                

Explanation:

In simple words, A marketing channel refers to the individuals, organizations, and practices that are required to complete the sale of commodities from the point of manufacturing to the points of consumption.

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Answers

Answer:

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Explanation:

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Answers

Answer:

f. None of the choices will be reported as ordinary business income (loss) on Schedule K-1.

Explanation:

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Answers

Answer:

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