You read that inflation for the foreseeable future expected to average 6% a year. you are trying to accumulate funds to start a business, and so you take your excess earnings and a) put them in a box in your closet instead of a savings account because the bank is only paying 2% which is half the inflation rate. b) put them in a box in your closet instead of a savings account because the bank is only paying 4% which is only 2/3 of the inflation rate. c) put them in a box in your closet instead of a savings account because the bank is only paying 6% which just equals the inflation rate. d) put the money in a savings account regardless of the interest, because any positive rate will reduce the negative impact of inflation on the accumulated savings.

Emil motycka is considered an entrepreneur because

Witch is an example of a non durable good?

Fanning books buys books and magazines directly from publishers and distributes them to grocery stores. the wholesaler expects to purchase the following inventory: april may june required purchases (on account) $ 111,000 $ 131,000 $ 143,000 fanning books accountant prepared the following schedule of cash payments for inventory purchases. fanning books suppliers require that 85 percent of purchases on account be paid in the month of purchase; the remaining 15 percent are paid in the month following the month of purchase. required complete the schedule of cash payments for inventory purchases by filling in the missing amounts. determine the amount of accounts payable the company will report on its pro forma balance sheet at the end of the second quarter.