Answer:
The consumer price index for 2015 on Planet Econ is 1.25
Explanation:
The formula for computing the consumer price index is given below:
= (Total cost in the current year) ÷ (total cost in the base year)
where,
Total cost in the current year equals to
= (Base year book quantity × current year book price) + (base year hamburgers quantity × current year hamburgers price)
= 10 books × $30 + 25 hamburgers × $3
= $300 + $75
= $375
we use the base year quantity for computing the total cost for the current year.
And, the Total cost in the base year equals to
= (Base year book quantity × base year book price) + (base year hamburgers quantity × base year hamburgers price)
= 10 books × $25 + 25 hamburgers × $2
= $250 + $50
= $300
Now put these values to the above formula
So, the answer would be
= $375 ÷ $300
= 1.25
Hence, The consumer price index for 2015 on Planet Econ is 1.25
Is the total value income earned in a year exactly
The four areas in which standards of ethical conduct exist for management accountants in the united states are.
(1) Competence, (2) Confidentiality, (3) Integrity, and (4) Credibility. These standards are set by the Institute of Management Accountants (IMA).
<h3>
What is Institute of Management Accountants?</h3>
- The National Association of Cost Accountants, which eventually became Institute of Management Accountants, was established in Buffalo, New York in 1919. Its main office is in Montvale, New Jersey, in the United States, and it also has regional offices there as well as in Europe, the Middle East, and India.
- It established the management accounting practices committee in 1969 with the mandate of advancing management accounting as a primary field of study consistent with Institute of Management Accountants viewpoints.
- Twelve people from different accounting bodies, including the FASB and other well-known regulatory bodies, made up the group.
- The Institute of Management Accountants representatives were commended for their knowledge of accounting. Later, the committee combined with the Foundation for Applied Research to establish the MAC/FAR committee.
To learn more about Institute of Management Accountants with the given link
brainly.com/question/8339611
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Answer:
False
Explanation:
Generally, a lease limits the number of miles allowable to drive in a year, which is between 12,000 and 15,000 miles. Exceeding the lease limit will result in large charges that may be up to several thousands of dollars
Therefore, it is important to be cautious on the amount of driving done when a car is leased and if needed, more miles can be pre-purchased before the lease agreement is signed
Answer:
In this article, we'll give you eighteen tips for coming up with a great business name.
Use acronyms.
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