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
Answer:
A. Increase liabilities (Accounts payable) by $337.8 million
Explanation:
The journal entry will be: Inventory (Credit - Increased) 337,860,000 and Accounts payable (Debit - Increased) 337,860,000.
The company must recognize the increase in the Inventory and the medium of payment (Accounts payable).
B is false because this operationn can also be a decrease in cash, but the amount in the operation is too high for this payment medium.
C is false because, the inventory is not sold, and COSG will be increased when the goods are sold.
D is also false because the inventory is increasing, not decreasing.
The request ought to be Derived Demand. This is a term utilized as a part of the financial investigation that portrays the request put on one great or administration because of changes in the cost for some other related great or administration. It is an interest for some physical or immaterial thing where a market exists for both related products and ventures being referred to. The determined request can significantly affect the inferred great's market cost.
Answer:
B) $9,500, 000
Explanation:
The tax basis for Ted's estate is $9,500,000, ans since it falls under the current federal estate tax exemption($11,400,000), his wife and children do not have to pay any estate taxes. If Ted's family sells the assets before the six month alternate valuation is effective, then their tax basis will be the same as Ted's estate ($9,500,000).
Answer:
There is a 0.2419% for a foreman to earn either $1,100 or $900
Explanation:
We calculate the probability of a normal distribution of 0;1
(X-mean)/deviation = Z
(1,100 - 1,000)/100 = 100/100 = 1
900 - 1,00/100 = -100/100 = -1
Given the zame Z value, we have the same probability of a foreman to earn 1,100 or 900
As we are asked for the foreman salary, wewill calcualte the Z for non cumulative, just the probability of a foreman to earn 1,100 or 900 dollars.
We look into the normal distribution table for the value of z = -1 or 1
0.002419707 = 0.2419%
