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sasho [114]
3 years ago
11

The cpi for "all items" was 233.707 in january 2015, and 236.916 in january 2015. over this period, the rate of inflation as mea

sured by the rate of change of the cpi was
Business
1 answer:
Kazeer [188]3 years ago
6 0
Assuming the second CPI should be January 2016, not Jan 2015:
To calculate the rate of inflation (rate of change in CPI)
( CPI(2016) - CPI(2015) ) ÷ CPI(2015) x 100%
(236.916 - 233.707) ÷ 236.916 x100% = 1.35%

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Gordon would like to win back his customer by giving him tickets to a major league baseball game, but he knows his company frown
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Answer: ethical

Explanation:

Gordon would like to win back his customer by giving him tickets to a major league baseball game, but he knows his company frowns on this type of activity. Gordon is facing ethical dilemma.

Ethical dilemmas, is a dilemma that has to do with morals and principles which involves an option that isn't ethically acceptable. In this scenario, Gordon's company doesn't support activities like giving free tickets to customers and at the same time, he wants to win back his customer. He is faced with ethical dilemma as he's aware that giving out the ticket won't be supported by his company even though to him,it feels like the right thing to do to win back his customer.

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3 years ago
In a research experiment, Priya hears the following list of words:
Juli2301 [7.4K]

Answer:

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3 years ago
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The _____ of the United States is the Federal Reserve.
SpyIntel [72]
The answer would be A. central bank
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Is a worker's human capital and his or her resulting productivity the ONLY determinants of that person's wage or salary?
stich3 [128]
The correct answer is

<span>No, like all resources, supply and demand also affect how much a worker is paid.


For example, a worker doing the same computer job might be paid more in New York than in other places: this has to do with the fact that the demand and supply (in form of workers ready to work in NY for a certain wage) are different in those two places</span>
3 0
3 years ago
Terry company had january 1 inventory of $100,000 when it adopted dollar-value lifo. during the year, purchases were $600,000 an
inna [77]

Answer:

Terry's Closing Inventory is $131,360.

Terry's Gross profit is $431,360.

We follow these steps to arrive at the answers:

<u>1. Calculate the base value of closing inventory (CI):</u>

CI_{base value} = \frac{CI*Index at base year}{current price index}

CI_{base value} = \frac{143360*100}{112} =  128,000

<u>2. Calculate additions to inventory at base price</u>

Additions to inventory = CI_{base value} - Beginning inventory

Additions to inventory = 128000 - 100000 = 28,000

<u>3. Calculate the value of additions to inventory at current prices</u>

Additions to inventory_{current Value} = Additions to inventory_{base Value} * \frac{current price index}{base price index}

Additions to inventory_{current Value} = 28,000 * \frac{112}{100} = 31,360

<u>4. Calculate the value of Closing inventory</u>

Closing inventory = Beginning Inventory + Additions to inventory_{current Value}

Closing inventory = 100,000 + 31,360 =  131,360

<u>5. Compute Cost of Goods Sold (COGS):</u>

COGS = Opening Inventory + Purchases - Closing Inventory

COGS = (100000 + 600000 - 131360) = 568640

<u>6. Compute Gross profit</u>

Gross profit = Sales - COGS

Gross profit = 1000000 - 568640 = 431360

5 0
3 years ago
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