Answer:
The consumer price index is a systematic calculation used to estimate price increases in a basket of goods and services that are indicative of consumption expenditure in the economy.
Explanation:
The Consumer Price Index refers to a metric used to determine the weighted average price of a set of consumer goods and services, such as food, transportation, and healthcare. CPI is accountable for monitoring the change in retail prices of fundamental and everyday goods and services purchased by households across the world. Changes in the CPI are required to measure increases in the price of living. The CPI is one of the most commonly used indicators for the detection of inflation or deflation cycles.
Answer:
Applet's flexible budget variance for total costs is $5,140 unfavorable variance since actual is higher than budgeted cost
Explanation:
Flexible budget variance for total costs=actual total costs-budgeted total costs of 72 connectors
actual total costs of 72 connectors=$19,000
budgeted total costs of 72 connectors=budgeted fixed cost+budgeted total variable cost of 72 connectors
total budgeted variable cost=72*$130=$ 9,360.00
budgeted fixed cost is $4,500
Budgeted total costs of 72 connectors=$9,360.00+$4,500.00=$ 13,860.00
Flexible budget variance =$ 13,860.00-$19,000.00=$5140 unfavorable variance
Answer:
Sell at a somewhat higher price since customers will still purchase even at a higher price ( D )
Explanation:
The type of goods and services that changes in prices doesn't r affect the quantity/demand bought by the consumers are usually staple goods which are a necessity and not a want but a serious need. A company if after much research discovers that the demand for a particular product is unwavering( fixed ) they can increase the prices in order to maximize profits form the little amount of goods been produced/sold in the open market. while in other hand if the demand for a particular product is not stable any change in price can significantly affect the demand for the good or service leading to a loss for the company.
Answer:
Cash obtained From Bank $588,100
Explanation:
Lets Solve it By Cash Flow Method To find out Amount of Debt Acquired During the Year.
Cash Inflows
Sales 2393000
Out Flow
Cost of Goods Sold (1432000) Assuming total purchases were made during the year
Depreciation - Non-Cash Item
Admin Expense (435700) Cash Expense
Selling Expense (490700) Cash Expense
Interest Expense (215700)
Net Inflow/(Outflow) (181700) Net outflow
Dividend Paid (407000)
Total Cash obtain form the bank (588100) i.e 181700+407000
To make the payments.
Assuming that there were no cash at start of the year.
Answer:
The correct option is its aim is to review internal processes independently of the external industry environment
Explanation:
The first option is wrong because it only made mention of the internal strengths and weaknesses,there is no mention of external opportunities and threats
The second option is obviously wrong as SWOT has no direct link with classifying assets as tangible or intangible.
It is not conducted by regulatory agencies as it is not a regulatory requirement
Lastly ,internal processes refer to strengths and weakness while opportunities and threats emanate from the external industry environment
