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shepuryov [24]
2 years ago
9

Suppose the consumer price index in 2010 was 100 and its corresponding basket of goods was $23,000. if that same basket of goods

cost $19,000 in 2006, what was the value of the cpi in that year?
Business
1 answer:
Musya8 [376]2 years ago
3 0

The value of the CPI in 2006 is 82.61.

<h3>What is the value of the CPI?</h3>

The consumer price index measures the changes in price of a basket of good. It is used to measure inflation. Inflation is when there is a persistent rise in the general price levels.

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

2010 is the base year because its CPI is 100.

(19,000 / 23,000) x 100 = 82.61

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

#SPJ1

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which one company is the best one you wish to invest for next 3 decades, based on its management, product or business model, fin
kykrilka [37]

The company that is the best one that i wish to invest for next 3 decades, based on its management, product or business model, financial condition(with low debt), consistent past and potential earning is Tesla.

<h3>What is Tesla's management structure?</h3>

In terms of management Tesla is seen to be one that uses a functional organizational structure that has a lot of hierarchical structure.

Tesla is one that uses  functional centers that is said to be covered in all scope of all their business activities, such as finance, sales, marketing, technology, and it is one that is well structure.

In terms of profit and revenue, Tesla was said to have generated in the first Quarter of 2022 a revenues of about $17.76 billion, and also that of $2.26 in earnings per share and this is one I believe I can invest in.

Learn more about Tesla from

brainly.com/question/18296538

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5 0
2 years ago
3 Points
Maslowich

Answer:

C. An auction market

Explanation:

Option A is wrong because merchant wholesalers purchase any products directly from the manufacturers and sell those to the retailers, or consumers. In that case, buyers and sellers do not need to come together to complete a transaction.

Option B is incorrect as the warehouse club is recognized as a retail store where customers can purchase bulk products to reduce the expenses. In that case, only sell is the motive.

Option D is wrong because drop shippers cannot hold the inventory to their stocks. Therefore, customers and manufacturers will not come together.

<u><em>Option C</em></u> is correct because, in an auction market, the buyer and the seller have to come at the same time to complete a transaction. In that market, the buyer will directly negotiate with the seller to purchase a product or something else.

5 0
3 years ago
Read 2 more answers
refer to the accompanying national income data (in billions of dollars). the gross domestic product for this economy is
jeka94

Answer: $623 billion

Explanation:

Gross Domestic Product refers to the final value of the goods and services produced within a country in a certain period which is usually a year.

It can be calculated by several approaches with one of them being the Expenditure approach.

The formula is:

= Consumption + Investment + Government spending + Net exports

= 400 + 88 + 128 + 7

= $623 billion

4 0
3 years ago
omparative Income Statement For the Years Ended December 31, 20Y6 and 20Y5 1 20Y6 20Y5 Amount Increase (Decrease) Percentage Inc
ElenaW [278]

Answer:

The question is incomplete. Here is the complete question:

 

Liquidity and Solvency Measures Computations

Current ratio $3,093,000 ÷ $840,000

Working capital $3,093,000 – $840,000

Accounts receivable turnover $8,280,000 ÷ [($714,000 + $740,000) ÷ 2]

Ratio of fixed assets to long-term liabilities $2,690,000 ÷ $1,690,000

Inventory turnover $4,100,000 ÷ [($1,072,000 + $1,100,000) ÷ 2]

Number of days' sales in receivables [($714,000 + $740,000) ÷ 2] ÷ ($8,280,000 ÷ 365)

Number of days' sales in inventory [($1,072,000 + $1,100,000) ÷ 2] ÷ ($4,100,000 ÷ 365)

Times interest earned ($989,400 + $127,000) ÷ $127,000

Ratio of liabilities to stockholders' equity $2,530,000 ÷ $4,077,000

Quick ratio $1,866,000 ÷ $840,000

Profitability Measures Computations

Asset turnover $8,280,000 ÷ [($5,783,000 + $5,593,000) ÷ 2]

Return on total assets ($801,420 + $127,000) ÷ [($6,607,000 + $6,417,000) ÷ 2]

Return on stockholders’ equity $801,420 ÷ [($4,077,000 + $3,873,150) ÷ 2]

Return on common stockholders’ equity ($801,420 – $65,000) ÷ [($3,589,500 + $3,445,920) ÷ 2]

Earnings per share on common stock ($801,420 – $65,000) ÷ 250,000 shares

Price-earnings ratio $35 ÷ $3.05

Dividends per share $175,000 ÷ 250,000 shares

Dividend yield $0.70 ÷ $35

Two of the computations use shares.

Use the following comparative income statement form to enter amounts you identify from the computations on the Liquidity and Solvency Measures panel and on the Profitability Measures panel. Compute any missing amounts and complete the horizontal analysis columns. Enter percentages as decimal amounts, rounded to one decimal place. When rounding, look only at the figure to the right of one decimal place. If < 5, round down and if ≥ 5, round up. For example, for 32.048% enter 32.0%. For 32.058% enter 32.1%.

Comparative Income Statement    

For the Years Ended December 31, 20Y6 and 20Y5

 

1   20Y6 20Y5 Amount Increase (Decrease) Percentage Increase (Decrease)

2 Sales   $7,287,000.00    

3 Cost of goods sold   3,444,000.00    

4 Gross profit   $3,843,000.00    

5 Selling expenses   $1,457,600.00    

6 Administrative expenses 1,242,000.00 1,106,000.00    

7 Total operating expenses   $2,563,600.00    

8 Income from operations   $1,279,400.00    

9 Interest expense   120,600.00    

10 Income before income tax   $1,158,800.00    

11 Income tax expense   181,980.00    

12 Net income   $976,820.00    

Explanation:

Items Computations value

1. Sales: Sales are taken from number of days' sales in receivables or accounts  

receivable turnover ratio, with assuming that all sales are credit sales 8,280,000.00

2. Cost of goods sold:  Cost of goods sold is taken from number of days' sales in inventory or Inventory turnover 4,100,000.00

3. Gross profit:  Gross profit = Sales - Cost of goods sold 4,180,000.00

4. Selling expenses:  Selling expenses = Total operating expenses - Cost of goods sold - Administrative expenses 1,821,600.00

5. Administrative expenses:  available 1,242,000.00

6. Total operating expenses: Total operating expenses = Sales - Income from operations 7163600

7. Income from operations: Income from operations (or is also known EBIT) = Income before income tax + Interest expense 1,116,400.00

8. Interest expense: Interest expense is taken from Times interest earned and Return on total assets 127,000.00

9. Income before income tax: Income before income tax is taken from Times interest earned and Interest expense being specified already 989,400.00

10. Income tax expense: Income tax expense = Income before income tax - Net income 187,980.00

11. Net income: Net income is taken from Return on total assets and Return on common stockholders’ equity 801,420.00

Download docx
4 0
3 years ago
Cheyanne, the regional manager of a global sales organization, gives freedom to the sales representatives on the amount spent on
tamaranim1 [39]

Answer:

(B). Ethical standards

Explanation:

Ethical standards within an organization are standards set by the organization that employees are expected to abide by.

<em>They include values such as integrity, respect, trust, honesty, loyalty.</em>

Abiding by these ethical standards bring about employee and customer satisfaction.

<u>By giving freedom to sales representatives on the amount spent on gifts for Asian and European customers, Cheyanne is managing for Ethical standards.</u>

5 0
3 years ago
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