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3 years ago

In the United States, which assessment system measures inflation?

Business

1 answer:

tresset_1 [31]3 years ago

6 0

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.

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Alain Mire files a single tax return and has adjusted gross income of $314,000. His net investment income is $43,000. What is th

ratelena [41]

Answer:

$1,634

Explanation:

The computation of the additional tax to be paid is shown below:

Additional tax is

= Tax rate × net investment income

= 0.038 × $43,000

= $1,634

We simply multiplied the tax rate with the net investment income in order to determine the additional tax

4 0

3 years ago

Multiple-Product Break-even, Break-Even Sales Revenue Cherry Blossom Products Inc. produces and sells yoga-training products: ho

zmey [24]

Answer:

Answer 1.

DVD Equipment Set Yoga Mat

Sale in Units 13500 4500 9000

Sale Mix 3 1 2

Sales Mix Ratio = 3:1:2

Answer 2.

Let the Break Even Sales = X Units

Therefore, Linear equation of BEP:

3/6 X (8-4) + 1/6 X (25-15) + 2/6 X (16-9) = 119520 (Fixed Costs)

X = 19920 Units

BEP of

DVD = 19,920 Units X 3/6 = 9960 Units

Equipment Set = 19,920 Units X 1/6 = 3320 Units

Yoga Mat = 19920 Units X 2/6 = 6640 Units

Answer 3.

DVD Equipment Set Yoga Mat Total

Sale in Units 13,500 4,500 9,000 27,000

SP 8 25 16

Sales in $ 108,000 112,500 144,000 364,500

Less: Variable Costs 54,000 67,500 81,000 202,500

Contribution 54,000 45,000 63,000 162,000

Contribution Margin Ratio 50.00% 40.00% 43.75% 44.44%

Contribution Margin Ratio = Contribution / Sales

Overall Break Even Sales Revenue = $119520 (Fixed Costs) / 44.44% (Contribution Margin Ratio)

Overall Break Even Sales Revenue = $268,920

Answer 4.

Margin of Safety = Sales - BES

Margin of Safety = $364,500 - 268920 = $95,580

Explanation:

4 0

3 years ago

Which of the following was the first emission control device?

grigory [225]

Answer:

The answer is <u>A. The Muffler</u>

Explanation:

The first muffler for cars was designed in 1897.

The function of the car muffler is to slow down the speed of movement of the exhaust gases, which helps to smooth the movements of the engine, reduce the temperature of the gases and reduce the emissions of substances that are harmful to the environment.

6 0

3 years ago

"the fed funds rate is the" __________. interest rate the fed charges commercial banks on short-term loans interest rate that th

IgorC [24]

Amoreandrusamoreandrus

8 0

3 years ago

The movement of parts from one area of the factory to another is considered a value-added activity whereas the storage of raw ma

ivanzaharov [21]

Answer:

TRUE

Explanation:

Value can be defined as the thing for which an customer is willing to pay the price. It is the activity on any shop floor or business for delivering the product or service to the customer for which the customer is ready to pay the price for it.

If the customers does not wish to pay the price, then there is no value.

So inside a factory, in a shop floor, moving a part from one place to another for making a product that the customer is willing to pay is a value added activity. But excess movement or transportation of product does not any value to it, it is then considered as a waste.

Also storing of products is a non value activity as storing a product will not help the customer in any way and a customer will not pay for a product when it is stored and is of no use to the customer.

4 0

3 years ago