All of the following statements are true, except:a. A firm can make money from inflation by paying bills and wages as late as possible so that it can pay in inflated dollars, while collecting revenues as soon as possible. b. If a firm is currently holding a lot of assets in cash, it would benefit from inflation c. An economy with high inflation rewards businesses that have found clever ways of profiting from inflation. d. In the short term, low or moderate levels of inflation may not pose an overwhelming difficulty for business planning.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “All of the following statements are true, except:a. A firm can make money from inflation by paying bills and wages as late as possible so ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Jim enjoys playing basketball. he figures that he makes about 50% of the field goals he attempts during a game. in this situation, we'll say success occurs when jim makes an attempted field goal. what is the value of p?
Answers (1)
When you choose an alternative, the value of the alternative that you did not choose is known as?
Answers (1)
A small agrichemical laboratory with a very small marketing budget develops a seed that produces grass that grows two-inches high and no higher. Which promotional element should it use to communicate its discovery? A. publicity B. sales promotion C.
Answers (1)
Do canadian quarters work in american vending machines
Answers (1)
Your nominal wage increases from $12 per hour to $13 per hour. At the same time, the price level increases from 140 to 147. As a result, A. The number of dollars you receive increases and the purchasing power of the dollars you receive increases. B.
Answers (1)
New Questions in Business
Which situation is the most likely result of a price ceiling being set below the equilibrium price? a. decreased demand b. a surplus in the market c. a shortage in the market d. a higher equilibrium price?
Answers (1)
The amount of interest (i) karl will earn on the amount of principal (p) he has in his bank account is found by using the formula i = prt, with r representing the rate of interest and t the time the money will be in the account.
Answers (1)
You bring your lunch to your part-time job instead of spending $8 on lunch. You put the $8 in your savings account. This is an example of opportunity cost. True. False
Answers (1)
The Kellys are planning for a retirement home. They estimate they will need $200,000 4 years from now to purchase this home. Assuming an interest rate of 10%, what amount must be deposited at the end of each of the 4 years to fund the home price?
Answers (1)
Gipple Corporation makes a product that uses a material with the quantity standard of 7.8 grams per unit of output and the price standard of $6.50 per gram. In January the company produced 3,900 units using 25,370 grams of the direct material.
Answers (1)