Your uncle comes to you with an investment idea. he tells you that the nominal gdp of paradisia quadrupled over the past year and suggests that you invest there. unemployment is at 20 percent and inflation over the last year was 500 percent. this opportunity seems like a: a.) good investment given the expansion of money, the increase in real gdp, and the low unemployment rate. b.) good investment given the neutrality of money, the increase in real gdp, and the low unemployment rate. c.) poor investment given the neutrality of money, the decline in real gdp, and the high unemployment rate. d.) poor investment given the neutrality of money, the increase in real gdp, and the high unemployment rate

Jordan, inc. sells fireworks. the company’s marketing director developed the following cost of goods sold budget for april, may, june, and july. april may june july budgeted cost of goods sold $62,000 $72,000 $82,000 $88,000 jordan had a beginning inventory balance of $3,000 on april 1 and a beginning balance in accounts payable of $14,600. the company desires to maintain an ending inventory balance equal to 15 percent of the next period’s cost of goods sold. jordan makes all purchases on account. the company pays 65 percent of accounts payable in the month of purchase and the remaining 35 percent in the month following purchase. required prepare an inventory purchases budget for april, may, and june. determine the amount of ending inventory jordan will report on the end-of-quarter pro forma balance sheet. prepare a schedule of cash payments for inventory for april, may, and june. determine the balance in accounts payable jordan will report on the end-of-quarter pro forma balance sheet.