Answer:
The laspeyres method of weighted aggregate price index is used of LIFO inventory valuation, therefore laspeyres index number is 106.08
Step-by-step explanation:
First of all we would have to perform the following table:
Product Ending Inventory(Q0) Begining(P0) Ending(P1) P0×Q0 P1×Q0
A 500 0.15 0.21 75 105
B 50 1.60 1.80 80 90
C 100 4.50 4.20 450 420
D 40 12.00 13.40 480 536
Total 1085 1151
Therefore, using laspeyres index number, we calculate the following:
laspeyres index number=(∑P1×Q0/∑P0×Q0)×100
laspeyres index number=(1151/1085)×100
laspeyres index number=106.08
Answer:
No, I'm not old enough to work at taco bell yet
Step-by-step explanation:
Answer:
Yes, B
Step-by-step explanation:
Yes the data is linear because there is a constant rate of change.
For x or the input the rate of change is plus 2
For y or the output the rate of change is plus 4
y/x is your slope so 4/2=2
and the only equation with a slope of 2 is B
The easiest way to think about this is to give all of the numbers common denominators:
1 can be written as 6/6
0 can be written as 0/6
Now we can see that 5/6 is only 1/6 away from 1, while it is 5/6 away from 0.
So, 5/6 is closer to 1!
