Answer:
To determine the current equivalent cost of a construction built in 1980 whose cost was $ 2.7 million, we must establish the relationship between the price index for that year, comparing it with that of the current year.
Taking into account that the average cost index for 1980 was 1941, and that said value is currently 3620, we can note that there was a significant increase in costs. Since 3620/1941 = 1.86, to determine the current cost of construction we must multiply its cost by 1.86.
So, since 2.7 x 1.86 = 5.022, we can establish that the equivalent cost at current prices of said building would have been $ 5,022,000.
Answer:
Settlement Date
Explanation:
The broker is expected to be notified on the date which the cash or assets has been transferred has been completed. The settlement date simply refers to the date that the trade or sales of shares of stock settles, and thus when using specific identification rather than FIFO, the broker dealer must be notified no later than the settlement date for cost basis reporting.
Answer:
Uhhh what type of statement is this, is this a question???????
Violent behavior is what I could think that would be called
Answer:
4284 persons
Explanation:
The new population of the town will be computed as:
Increase in population = Current population × Increase in population %
where
Current population is 4200 persons
Increase in population % is 2%
Putting the values above:
= 4200 persons × 2%
= 84 persons
So, the new population would be:
New population = Current population + Increase in population
= 4200 + 84 persons
= 4284 persons
Therefore, next year, there would be 4284 persons