Suppose that over the past year, the nominal interest rate was 5 percent, the CPI was 150.3 at the end of the year, and the CPI was 144.2 at the beginning of the year. It follows that a. the dollar value of savings increased at 5 percent, and the purchasing power of savings increased at 9.2 percent. b. the dollar value of savings increased at 0.8 percent, and the purchasing power of savings increased at 5 percent. c. the dollar value of savings increased at 9.2 percent, and the purchasing power of savings increased at 5 percent. d. the dollar value of savings increased at 5 percent, and the purchasing power of savings increased at 0.8 percent.

One pound of material is required for each finished unit. the inventory of materials at the end of each month should equal 20% of the following month's production needs. purchases of raw materials for february would be budgeted to be:

Sailcloth & more currently produces boat sails and is considering expanding its operations to include awnings for homes and travel trailers. the company owns land beside its current manufacturing facility that could be used for the expansion. the company bought this land 5 years ago at a cost of $319,000. at the time of purchase, the company paid $24,000 to level out the land so it would be suitable for future use. today, the land is valued at $295,000. the company has some unused equipment that it currently owns valued at $38,000. this equipment could be used for producing awnings if $12,000 is spent for equipment modifications. other equipment costing $490,000 will also be required. what is the amount of the initial cash flow for this expansion project?

Which of the following statements is true about an atm card?