1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
GaryK [48]
1 year ago
5

price index was 128 in year 1, and the inflation rate was 24 percent between year 1 and year 2. the price index in year 2 was a.

158.7. b. 152.0. c. 103.2. d. 104.0.
Business
1 answer:
Gennadij [26K]1 year ago
5 0

The price index in year 2 is 158.7 (option a).

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

Price index is used to measure how price change over a period of time. Price index is used to measure inflation. An example of a price index is the consumer price index. The consumer price index measures changes in the price of a basket of goods.

Price index in year 2 = ( 1 + inflation rate) x price index in year 1

(1.24) x 128 = 158.7

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

#SPJ1

You might be interested in
The Werner Corporation uses the weighted-average method in its process costing system. The company recorded 24,400 equivalent un
olga_2 [115]

Answer:

21,000 units

Explanation:

The computation of the number of units started during November in the department is shown below:-

Number of units started during November in the department = units completed and transferred out + units in the ending work in process inventory - units in the Beginning work in process inventory

= 22,000 + 4,000 - 5,000

= 21,000 units

Therefore we have applied the above formula.

4 0
4 years ago
The story of Clarence Saunders is both inspirational and a cautionary tale. What did he do
777dan777 [17]

Answer

Clarence Saunders invented self-service shopping, when he opened a grocery store in Memphis, Tennessee on 6 September 1916, under the whimsical name Piggly Wiggly.

Explanation:

3 0
2 years ago
Give description of a recent (2019-2021)example of how this problem has displayed in Southafrica
Gemiola [76]
South africa’s is a cool place,
7 0
2 years ago
Gwen deposits $5,000 with Home Bank on July 1, 2018. Home Bank promises to repay Gwen the $5,000 plus 1 percent annual interest
Allisa [31]

Answer:

certificate of deposit

Explanation:

A certificate of deposit (CD) is a financial instrument sold by banks

The bank gives this CD to Gwen. She cannot withdraw the cash until July 1, 2023

The certificate of deposit are risk-free investment. The difference with savings account is that a certificate of deposit has a fixed term and fixed interest rate and it is create with the idea of holding the title until maturity. Not doing so, may inccur in penalties so a portion of the interest will be negate.

As this is a financial instrument, the bank issued a title to the investor to recognize his investment.

7 0
4 years ago
Read 2 more answers
You've joined a startup company. before building out your content strategy, you'll need to develop your company's primary buyer
-Dominant- [34]
Buyer persona is a fictional, generalized representation of the ideal customers of your business.
It is very important to have deep understanding of it buyers persona. This is a driving factor to create driving content and to develop the product.
The buyer persona depends at first of your business type (what will you produce and to whom).

7 0
3 years ago
Other questions:
  • Lagle Corporation has provided the following information:
    9·1 answer
  • Government forms created by the Federal Reserve must be approved by the Office of the Comptroller of the Currency
    14·2 answers
  • Congratulations, you are a millionaire. No, the Delaware Lottery office did not call. However, an officer from Bank of America h
    14·1 answer
  • 1. Sid bought a new $1,500,000 seven-year class asset on August 2, 2020. On December 2, 2020, he purchased $900,000 of used five
    13·1 answer
  • Which statement about wants and needs is TRUE?
    15·1 answer
  • Which of the following types of insurance do businesses frequently offer as part
    14·2 answers
  • Bryan's department at Farrell Manufacturing is responsible for planning, implementing, and controlling the flow and storage of p
    11·1 answer
  • Betz Company's sales budget shows the following projections for next year: Sales in units First Quarter. 60,000 Second Quarter.
    12·1 answer
  • From an entrepreneurial perspective, ______ is a description of the future you envision for your business.
    12·1 answer
  • You gave some clothes for. dry cleaning. Your suit was spoiled you went to the dry cleaner and made the compliant .
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!