Inflation is 110
<u>Explanation:</u>
The consumer price index is the ratio of the basket prices of the current year to the basket price of the base year multipliers by 100, this helps us to determine inflation
now, cpi in second year =
= 110
Answer:
To find Earning per share, we can find this by the following formula:
Increase in Earnings Per Share = Net profit of new products / Number of shares
and
Net Profit of new products = 5% * $4,898,300 = $244,915
Increase in Earnings Per Share = ($244,915) / 1,456,800 = 16.81%
Country B because of the recent boom in inflation.
Answer: Amortization Expense; Patents
Explanation:
The entry to record the amortization of a patent would include a debit to the amortization expense and a credit to the patents.
The journal entry will be:
Debit Amortization expenses XX
Credit Patents XX
Therefore, the correct option is A.
The effect that the newly installed air conditioning system would have on the property's effective age would be: it decreases it.
<h3>What is a Property's Effective Age?</h3>
The effective age of a property can be described as the reflection of the true life of the property that is left remaining, based on the life expectancy that is typical of equipment or buildings that are similar to it and their usage.
So, when a property owner installs a new air conditioning system on a property, the air conditioning system, can cause wear and tear to the property which reduces how long the property can serve its purpose.
Therefore, we can conclude that the effect that the newly installed air conditioning system would have on the property's effective age would be: it decreases it.
Learn more about a Property's Effective Age on:
brainly.com/question/16490794
#SPJ4