Jason Jewelers reported the following in its statement of cash flows: Net cash provided by operating activities $140,000 Net cas

h provided by investing activities 120,000 Net cash used by financing activities 150,000. What is the total net increase or decrease in cash?

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A professor records the majors of her 30 students as follows: Accounting Economics Undecided Finance Management Management Finan

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Answer: Nominal

Explanation:

The use of the Nominal measurement scale indicates that data is categorized into specific names or labels, which is the reason it is sometimes called Named data. For example, organizing dogs in a park by their breed such as Husky, American Bull, German Shepherd, etc.

This measurement scale does not involve numerical values and typically lacks any hierarchical arrangement.

In this case, the professor categorized her students based on their majors, with those majors serving as labels. Thus, she applied the Nominal measurement scale.

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80 points! Please help!! You have been invited to give a speech at a local restaurant. The person who is hosting the event has a

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I would consider how to captivate my audience and choose a topic that would engage everyone, ensuring they all take away something valuable.

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The following table shows a person's nominal and real wages for three years, as well as the price level (price index) for each y

marusya05 [3725]

Response:

Year Nominal wage Real wage Price level Inflation rate

1 $7 $5 140 None

2 $9 $6 150 7.14 %

3 $12 $7.5 160 6.67 %

Explanation:

Note: A visual representation of the table is also provided.

The price level for Year 1 is calculated as (Nominal wage in year 1/Real wage in year 1) multiplied by 100.

Thus, Price level in Year 1 = ($7.00 / $5.00) * 100

Resulting in Price level in Year 1 = 1.4 times 100

Which gives Price level in Year 1 = 140

To find Real wage in Year 2: (Nominal wage in year 2 / Price level in year 2) multiplied by 100.

Which gives Real wage in Year 2 = ($9.00 / 150.00) * 100

Thus, Real wage in Year 2 = $6

To calculate Nominal wage in Year 3: (Real wage in Year 3 * Price level in Year 3) divided by 100.

As a result, Nominal wage in Year 3 = $1,200 / 100

Leading to Nominal wage in Year 3 = $12

To determine Inflation rate in Year 2: (Price level in Year 2 - Price level in Year 1) divided by Price level in Year 1.

Therefore, Inflation rate in Year 2 = 10 / 140

Giving Inflation rate in Year 2 = 0.0714, or 7.14 %

For Inflation rate in Year 3: (Price level in Year 3 - Price level in Year 2) divided by Price level in Year 2.

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