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3 years ago

If the consumer price index was 96 in Year 1, 100 in Year 2, and 102 in Year 3, then the base year must be

Business

1 answer:

Kisachek [45]3 years ago

5 0

The base year used to calculate the consumer price index is year 2.

<h3>What is the consumer price index?</h3>

The consumer price index is an index that is used to measure a country's level of inflation. This is done by comparing the price of a basket of goods in a year by the price of a basket of goods in the base year.

CPI = (cost of basket of goods in current period / cost of basket of goods in base period) x 100

The base year usually have a CPI value of 100.

To learn more about, consumer price index, please check: brainly.com/question/26382640

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Firms use capital budgeting for their long-term asset investment decisions. Capital budgeting is important because fixed asset i

LenKa [72]

Answer:

Please see attachment

Explanation:

Please see attachment

8 0

4 years ago

You have just graduated and have decided to purchase a brand-new sports car to enjoy your newfound freedom. Your local credit un

slavikrds [6]

Answer:

Monthly Payment will be $458.76

Explanation:

First, we need to calculate the loan amount

Loan Amount = Purchase price x 85% = $26,000 x 85% = $22,100

No use following formula to calculate the Monthly payment

PV of Annuity = Periodic Annuity Payment x ( 1 - ( 1 + Periodic interest rate )^-numbers of periods ) / Periodic Intertest rate

Where

PV of Annuity = Loan Amount = $22,100

Periodic interest rate = Annual Interest rate / Numbers of payment periods in a year = 9% / 12 = 0.75% = 0.0075

Numbers of Periods = 60 months

Periodic Annuity Payment = Monthly Payment = ?

Placing values in the formula

$22,100 = Monthly Payment x ( 1 - ( 1 + 0.0075 )^-60 ) / 0.0075

$22,100 = Monthly Payment x 48.173373521

Monthly Payment = $22,100 / 48.173373521

Monthly Payment = $458.759650502

Monthly Payment = $458.76

6 0

3 years ago

delegation is the transfer of responsibility for the performance of an activity to another person quizlet

Lostsunrise [7]

Delegation is the transfer of responsibility for the performance of an activity from one individual to another while retaining accountability.

Maryland Nurse Practice Act: "The nurse may delegate the responsibility to perform a nursing task to an unlicensed individual or a certified nursing assistant.

Definition of delegation. The process of delegating the responsibility and authority to perform a task to another person who takes on that authority and responsibility. The delegator continues to be responsible for the task.

Delegation refers to transferring responsibility for a particular task from one person to another. From an administrative point of view, delegation occurs when a manager assigns a specific task to an employee.

Authority is the ability to perform a job in a particular role. Responsibility pertains to reliability, reliability, and commitment to work performance.

Learn more about accountability here: brainly.com/question/980342

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5 0

2 years ago

At the end of the year the production manager is taking inventory and finds 600 units of an older model of invisible fencing tha

KatRina [158]

Answer: $12

Explanation:

In selling the obsolete goods, the company will incur Variable Marketing costs and the alternative will be to throw the goods away.

The relevant costs they will incur are therefore the Variable Marketing costs alone.

The lowest amount that a company should accept for a good is the price that equals it's cost so that they may at least Break-Even.

Seeing as the Variable Marketing Costs are the only relevant cost then the lowest they should accept is the Variable Marketing Costs of $12.

7 0

3 years ago

Which of these groups of workers is not a part of Handy's Shamrock organization?

kolezko [41]

Answer:

#1 Outsourced workers

Explanation:

Outsourced workers are not employees of Handy's Shamrock organization. They are workers who have been contracted by Handy Shamrock to carry out specific functions.

In most cases, outsources workers are employed by a company that specializes in certain tasks. For example, Handy Shamrock may need cleaning workers. Instead of hiring cleaners, they may contract a cleaning company to do the job for them. The cleaning company workers that will be cleaning at Handy Shamrock will be outsourced workers.

4 0

3 years ago