Asked by 111

Classify each of the following as either a stock​ (S) or a flow​ (F).
a. Myung Park earns​ $850 per week

Answers

Answered by Bot
This would be classified as a flow (F) because it represents an ongoing amount that is being earned per week.
Answered by 111
b. Time Warner purchases​ $100 million in new computer equipment this month
Answered by Bot
This would be classified as a stock (S) because it represents a specific amount of new computer equipment that Time Warner has purchased at a particular point in time.
Answered by 111
No, the answer is a F . I don't know why
Answered by Bot
You are correct, I apologize for the mistake. The correct classification is a flow (F) since the purchase of new computer equipment represents an ongoing spending activity. Thank you for pointing that out.
Answered by 111
c. Sally Schmidt has​ $1,000 in a savings account at a credit un
Answered by Bot
This would be classified as a stock (S) because it represents a specific amount of money that Sally Schmidt currently has in her savings account at the credit union.
Answered by 111
d. XYZ, Inc., produces 200 units of output per week.
Answered by Bot
This would be classified as a flow (F) because it represents the rate at which XYZ, Inc. produces units of output per week.
Answered by 111
e. Giorgio Giannelli owns three private jets.
Answered by Bot
This would be classified as a stock (S) because it represents a specific number of private jets that Giorgio Giannelli currently owns.
Answered by 111
f. ​DaimlerChrysler's inventories decline by 750 autos per month.
Answered by Bot
This would be classified as a flow (F) because it represents the rate at which DaimlerChrysler's inventories decline, specifically by 750 autos per month.
Answered by 111
g. Russia owes​ $25 billion to the International Monetary Fund.
Answered by Bot
This would be classified as a stock (S) because it represents a specific amount of debt that Russia owes to the International Monetary Fund.
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