1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Nitella [24]
3 years ago
5

Suppose a basket of goods and services has been selected to calculate the cpi and 2004 has been selected as the base year. in 20

02, the basket's cost was $50; in 2004, the basket's cost was $52; and in 2006, the basket's cost was $54.60. the value of the cpi in 2006 was
Business
1 answer:
bearhunter [10]3 years ago
6 0

Answer:

104

Explanation:

CPI is the consumer price index.  It is a measure of changes in prices level in an economy. CPI is used to indicate the inflate rate in a country.

The formula for calculating the CPI is as follows.

CPI = current basket prices/ base year basket price  x 100

In this case.

CPI = 52/50 x 100

CPI =1.04 x 100

CPI = 104

You might be interested in
Sylvia Taylor talks about the company’s Total Rewards program, the goal of which is to compensate employees at a competitive lev
olya-2409 [2.1K]

Answer:

Position analysis questionnaire.

Explanation:

The position analysis questionnaire (PAQ) is a structured job analysis questionnaire that aids the user in conducting a quantified analysis of a given job. To complete a job analysis using the PAQ, the user reviews background information, observes the job, and conducts thorough interviews with job incumbents to determine job content then rates the extent to which each item on a standard list of PAQ job elements applies to that particular job. There are six types of rating scales used in the PAQ:

• Extent of Use;

• Importance to This Job;

• Amount of Time;

• Possibility of Occurrence;

• Applicability; and

• Item-Specific scales.

3 0
3 years ago
Read 2 more answers
Accounting Professionals Inc. experienced the following events in 2014, its first year of operation:1. Performed services for $2
Andrews [41]

Answer:

Explanation:

The accounting equation is presented below:

Particulars       Assets   =               Liabilities   =             Stockholders equity  

                        Cash     Supplies          Account payable              Retained earnings

1. Service

Performed       $20,000                                                                    $20,000

2. Supplies

Purchased                       $4,000             $4,000

3. Supplies

Used                              -$3,000                                                         -$3,000

Total               $20,000  $1,000              $4,000                               $17,000

6 0
3 years ago
Of these types of businesses, which one requires the most drive and motivation?
kondaur [170]
B, because it is a new business so it's going to have to work harder then any other business in order to gets it's name out there.
6 0
3 years ago
If demand for personal computers increases as a result of an increase in income, a. personal computers must be a normal good b.
dexar [7]

Answer: Personal computers must be a normal good.

Explanation:

Normal good is a type of commodity available in a market, in which the commodity's demand increases as income of the buyers increase. The normal goods posses a positive income elasticity of demand(where demand is directly proportional to income).

3 0
4 years ago
Windsor Company took a physical inventory on December 31 and determined that goods costing $191,500 were on hand. Not included i
WINSTONCH [101]

Answer:

$237,630

Explanation:

Windsor report as its December 31 inventory:

= Inventory in hand as per physical count + Goods purchased from P corporation under FOB shipping basis + Cost of goods sold to A company under FOB destination basis

= $191,500 + $24,510 + $21,620

= $237,630

Therefore, the amount to be reported by Windsor company is $237,630.

7 0
3 years ago
Other questions:
  • The largest share of american health care spending is paid by _______.
    11·2 answers
  • Kosher Pickle Company acquires all the outstanding stock of Midwest Produce for $12.5 million. The fair value of Midwest's asset
    14·1 answer
  • The _______ describes the personal requirements you expect from an employee and can include educational requirements and special
    5·2 answers
  • Which of the following statements is true of organizational behavior knowledge? 1 point A. It is relevant to everyone who works
    15·1 answer
  • Sarah, a fitness enthusiast, watches a tv advertisement for the latest type of fitness equipment. she is impressed by the produc
    11·1 answer
  • Which one of the following risks can be progressively eliminated by adding stocks to a portfolio?
    12·1 answer
  • Carl purchased an apartment complex for $2.6 million on March 17 of year 1. of the purchase price, $1,050,000 was attributable t
    8·1 answer
  • Assume that the following data describe the condition of the banking system: Total reserves $100 billion Transactions deposits $
    10·1 answer
  • just paid an annual dividend of $3.00 per share last year. Management just announced that future dividends will increase by 2 pe
    10·1 answer
  • If $300 is invested at a rate of 6% per year and is compounded quarterly, how much will the investment be worth in 12 years? use
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!