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Paraphin [41]
3 years ago
14

why. If the CPI rises at 5% per year, then every individual in the country needs exactly a 5% increase in their income for their

standard of living to remain constant.
Business
1 answer:
Ghella [55]3 years ago
5 0

The given statement " If the CPI rises at 5% per year, then every individual in the country needs exactly a 5% increase in their income for their standard of living to remain constant" is FALSE

Explanation:

The CPI is also considered an indicator of cost of living, but varies from a full calculation of cost-of-living in important ways. A living-cost index will calculate adjustments over time to the value spent by households in order to achieve a given degree of utility or living standard.

Changes in the customer buying habits are taken into account in the new BLS process. When there is no improvement in customer behaviour, the simplistic analysis given would suggest that the CPI measured is 10%. It is the same outcome as the approach Williams uses with set baskets.

If buyers adjust their buying habits and replace FM absolutely with TS, however, the CPI is 0 percent. When buyers minimize their FM buy-out by 50% and then buy TS, the CPI computed by the BLS would be 5%.

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In the following situation, imagine you are a waiter at a restaurant. See if you can put this list of tasks in
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Answer:

1. Answer a customer's question

2.Take someone's order

3.Bring out an order of food

4 Cleae a table

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5 0
2 years ago
Tune Store reports inventory using the lower of cost and net realizable value (NRV). Information related to its year-end invento
Genrish500 [490]

Answer:

inventory impairment/cost of good sold (p/l)   $500

Explanation:

IAS 2 requires that inventory be initially recognized at cost including cost of purchase and other necessary cost incurred in getting the inventory to the location where it becomes available for sale.

Subsequently, the item of inventory is carried at the lower of cost or net realizable value (NRV).

              Quantity    Unit Cost     Unit NRV      Lower of cost/NRV  Amount

Model A    100               $100              $ 120       $100                       $10,000

Model B      50                $50               $ 40        $40                         $2,000

Model C      20                $200             $210        $200                      $4,000

Adjustment required = 50 ($50 - $40)

=$500

This posted as

Debit inventory impairment/cost of good sold (p/l)   $500

Credit Inventory account                                              $500

5 0
3 years ago
International Imports (I2) pays an annual dividend rate of 10.40% on its preferred stock that currently returns 13.94% and has a
dangina [55]

Answer:

$74.61

Explanation:

The computation of the value of preferred stock is shown below:

Value of preferred stock = Annual dividend ÷ return of preferred stock per share

= 10.40% × 100  ÷ 13.94%

= $74.61

Simply we divide the annual dividend by the value of preferred stock per share so that the correct value of preferred stock can be computed

7 0
3 years ago
A client has held a long position in BCD Common for several years and has seen a sizeable increase in price since initially buyi
loris [4]

Answer:

C. This client would be best suited by buying puts on BCD

Explanation:

Buying puts on BCD is the best option strategy for protection of the profits

3 0
3 years ago
After creating a product prototype, a company tests it within the firm to see how it performs in different applications. The com
Darya [45]

Remainder option of the question:

A) commercializing the product

B) performing concept testing

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D) creating a marketing strategy for the product

E) performing business analysis

Answer:            

Option C Conducting beta testing with customers

Explanation:

The reason is that the company will have to test whether the prototype further requires any amendment by considering the reviews of the customers which are most valuable for the company. This helps in designing of the product prototype that best suits the company to help grow its business and profits.

5 0
3 years ago
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