Answer:
C. consumer price index
Explanation:
Inflation is the general increase in prices in a country in a period. In the US, inflation is measured using the consumer price index, CPI. The CPI is a measure of the weighted average price of selected goods and services that represent the general consumption in the economy. The weighted average price at a particular time is compared to the weighted average price at the beginning of the period.
The weighted average price for the basket is compared to the previous period to determine the rate at which prices are increasing. A high rate of price increment signifies a high rate of inflation. The Government sets a target rate of inflation for the economy. It employs fiscal and monetary policies to keep inflation within acceptable levels.
Answer:
$620,000
Explanation:
to determine the net cash flow generated by the project, we can use the indirect method to determine cash flows:
net income = $790,000 x (1 - 30%) = $553,000
net income adjustments:
- depreciation expense $190,000
- increase in accounts payable $42,000
- increase in accounts receivable ($79,000)
- increase in inventory <u> ($86,000) </u>
Project's cash flow $620,000
Without the With the change
project project
Accounts receivable $5,000 $84,000 $79,000
Inventory $98,000 $184,000 $86,000
Accounts payable $75,000 $117,000 $42,000
Answer:
The issue is whether Joe is liable to pay for Bob to Avarice Bank or not.
Joe should prevail.
Explanation:
The original contract is between bank and Bob and in that contract Joe is not involved. Secondly payment on someone' behalf always has to be a written contract.
According to UCC, suretyships have to be written for them to be enforceable. This is mentioned in Statute of Frauds. It clearly states that any gurantee by thrid party for payment of debts has to be in writing.
