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2 years ago

If the consumer price index increases from 200 to 240 in a one-year period, then the inflation rate is

Business

1 answer:

irakobra [83]2 years ago

4 0

The change in the Consumer Price Index shows that the inflation rate for that one-year period is 20%.

<h3>What is the inflation rate?</h3>

This can be found by the formula:
= (New CPI - Old CPI) / Old CPI x 100%

Solving gives:

= (240 - 200) / 200 x 100%

= 40 / 200 x 100%

= 20%

In conclusion, inflation is 20%.

Find out more on the consumer price index at brainly.com/question/1889164.

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Assess how the leadership team you designate will affect organizational performance in the short-term and the long-term.

My name is Ann [436]

Explanation:

A company's leadership team is an essential part of the company's strategic development and decision-making process.

Therefore, the leadership team will directly influence organizational performance in the short and long term, in the sense that this team will be responsible for the strategic planning that will contemplate the long term in the organization and help it to reach its goals and objectives.

The decision-making process, on the other hand, will impact the company in the short term and will be essential for the decisions made to be beneficial for the improvement of organizational processes and the achievement of competitive and financial advantages.

8 0

3 years ago

True or False : When using list pricing , list the priciest items first

andrey2020 [161]

Answer:

true

Explanation:

items first before listing the price

3 0

3 years ago

Acme Incorporated's federal income tax increased by $100,000 this year. As a result, Acme reduced the annual dividend paid on it

Sidana [21]

Acme Shareholders, Acme clients, and Acme employees are bearing this corporate tax boom.

Acme Inc tried to catch up on this increase by decreasing dividends paid to shareholders by way of $50,000, increasing the sale fees impacting clients by $30,000, and putting off a corporate Thanksgiving party to save $20,000 impacting Acme's employees.

A corporate tax is a tax on the profits of an employer. The taxes are paid on a company's taxable earnings, which incorporate sales minus the cost of products sold (COGS), preferred and administrative (G&A) costs, selling and advertising, research and improvement, depreciation, and different working fees.

Toyota, an eastern business enterprise, makes income within the USA. Toyota has to pay corporate tax to the USA authorities on its US earnings. domestic groups that are chargeable for foreign corporate taxes generally get hold of an overseas tax credit score for such taxes.

Learn more about corporate tax here: brainly.com/question/25783927

#SPJ4

7 0

2 years ago

Ming Chen began a professional practice on June 1 and plans to prepare financial statements at the end of each month. During Jun

Leya [2.2K]

Answer:

The accounting equation holds as follows:

Asset = Liabilities + Equity = $80,000

Explanation:

Note: See the attached excel file for the analysis of the Effect of June Transactions on the Accounting Equation

From the last balances in the attached excel file, we have:

Assets = Cash + Receivable + Equipment = $41,000 + $8,000 + $31,000 = $80,000

Liabilities = Payable = $0

Equity = M. Chen, Capital - M. Chen, Withdrawals + Revenue - Expenses = $75,000 - $1,000 + $10,500 - $4,500 = $80,000

Liabilities + Equity = $0 + $80,000 = $80,000

Therefore, the accounting equation holds as follows:

Asset = Liabilities + Equity = $80,000

Download xlsx

4 0

3 years ago

Your insurance agent is trying to sell you an annuity that costs $70,000 today. By buying this annuity, your agent promises that

Tatiana [17]

Answer:

APR = 0.356%

Explanation:

PV = Present Value of the annuity = $70,000

PMT = Annuity payment at the end of each period = $380 per month

N = Number of periods = 25 years x 12 months = 300 Months

FV = Future Value of the annuity = 0

I = APR or the interest rate = ?? We have to calculate this.

We shall use a financial calculator to compute the value of I.

https://www.calculator.net/finance-calculator.html?ctype=returnrate&ctargetamountv=0&cyearsv=300&cstartingprinciplev=-70000&cinterestratev=6&ccontributeamountv=380&ciadditionat1=end&printit=0&x=93&y=13

APR = 0.356%

5 0

3 years ago