Answer:
CPI in 2020 =142.7
CPI in 2019 = 100
Inflation rate = 42.7%
Explanation:
Inflation is the increase in the general price level. Inflation erodes the value of money.
Consumer Price Index(CPI ): This is the weighted average price of a basket of goods and services consumed by a typical consumer. It is used to measure the rate of inflation.
The increase in the CPI is taken to be the rate of inflation. For example, the CPI rose to 1.09 from 1.00, this implies an inflation rate of 9% within the time period in focus.
The CPI =
The price of a basket of goods in a current year ÷ Divided by the price of a basket of goods in a base year
The consumer price
Value of basket of goods in 2019 = (1000× $2) + (100× $50) + ( 500× $0.10)= 7050
Value of basket of goods in 2020= (1000× $2.50) + (100× $75) + ( 500× $$0.12)=10,060
CPI in 2020 = 10,060/7050× 100 =142.7
CPI in 2019 = 100
CPI in 2020 =142.7
CPI in 2019 = 100
The inflation rate =(142.7/100-1 ) × 100 = 42.7%
Note , we assume the CPI for 2019 is 100, since we were not provided with data to compute the price of a basket of good in 2018
CPI in 2020 =142.7
CPI in 2019 = 100
Inflation rate = 42.7%
Answer:
The correct option is (c)
Explanation:
A leader who displays directing leader style gives particular instructions to the subordinates and clearly defines roles and tasks assigned to them. He supervises the tasks performed by the subordinates.
The leader makes all decisions and communicate the same to the subordinates so it is a one-way communication as he does not seek feedback from the them.
Here, Barney displays directing leader style as he is more task oriented and not relationship oriented. He has clearly stated the tasks and deadlines to the subordinates.
Answer:
business leadership
is the capacity of a company's management to set and achieve challenging goals, take fast and decisive action when needed, outperform the competition, and inspire others to perform at the highest level they can.
Explanation:
Answer:
a. Particulars Amount
Value of property purchased in State B A $90,000
Tax rate in State V B <u> </u><u>5% </u>
Pre-Credit use tax C (A*B) $4,500
Credit Sales tax paid to State B D <u>($5,400)</u>
Use tax owed to State V E (C+D) <u>$0 </u>
b. Particulars Amount
Value of property purchased in State D A $200,000
Tax rate in State V B <u> </u><u>5% </u>
Pre-credit use tax C (A*B) $10,000
Credit Sales tax paid to State D D <u>($7,000) </u>
Use tax owed to State V E (C+D) <u>$3,000 </u>
Answer:
$2,397
Explanation:
Straight line method charges a fixed amount of depreciation
Depreciation Charge = (Cost - Residual Value) ÷ Estimated useful life
therefore,
<u>Annual depreciation charge</u>
2019
Depreciation Charge = $1,428
2020
Depreciation Charge = $1,428
2021
Depreciation Charge = ($8,160 - $1,428 - $1,428 - $510) ÷ 2
= $2,397
therefore,
Depreciation expense, 2021 is $2,397
