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kozerog [31]
3 years ago
6

Suppose the typical household spends $3,500 on goods and services during the month of January, and $4,300 on the same goods and

services in February. Using January as the base period, what is the consumer price index for February?
Business
1 answer:
Elodia [21]3 years ago
5 0

Answer:

The consumer price index for February is 122.85

Explanation:

Consumer price index: It shows a change in  prices for different years in different products and service.

In this question, we use the formula of Consumer price index which is shown below

= Good and services spend on February month ÷ Good and services spends on January month × 100

= $4,300 ÷ $3,500 × 100

= 1.2285  × 100

=122.85

In the question, it is given that take the January month as the base year so we do the same.

Hence, the consumer price index for February is 122.85

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"Analyze why the principled negotiation would be the most suitable strategy in international trade negotiation? Take examples to
erica [24]

The reason principled negotiation would be the most suitable strategy in international trade negotiation is because it helps a party to leverage his/her principles of the opponent to win the negotiation.

The principled type of negotiation is recognized as an interest-based class of  negotiation.

  • A principled negotiation is known as a winner-take-all style of negotiation that is focused on a specific goal of winning.

  • In a principled type of negotiation, there are no space for consideration of other party’s needs and requirements.

  • However, a principled negotiations is limited because it can fail to settle dispute or conflict even if a parties has the highest intentions and negotiating skills.

In conclusion, the reason principled negotiation would be the most suitable strategy in international trade negotiation is because it helps a party to leverage his/her principles of the opponent to win the negotiation.

Read more about principled negotiation

<em>brainly.com/question/6106694</em>

6 0
2 years ago
The longdashrun supply curve in a perfectly competitive market states that​ _____. A. the longdashrun quantity remains the same
Leokris [45]

Answer: Option C

           

Explanation: Perfect competition refers to a market structure under which there are large number of buyers and sellers each operating at a small level.

In such a market structure the supply curve is a horizontal line that depicts that whatever the quantity is the price will remain the same, that is,  at the equilibrium level.

This happens due to the fact that there are large of number of participants present and no individual have the power to affect the price.

Thus, the correct option is C.

5 0
3 years ago
Theory X managers implement a more rigid environment. a. increase diversity. b. strive to cut costs and increase efficiency. c.
pychu [463]

Answer:

b. strive to cut costs and increase efficiency.

Explanation:

Theory X managers is pessimistic. They believe people are lazy and unproductive. They will look to implement politics to increase the productivity,.

3 0
3 years ago
During the year, Belyk Paving Co. had sales of $2,275,000. Cost of goods sold, administrative and selling expenses, and deprecia
ycow [4]

Answer:

a. -$210,000

b. $455,000

Explanation:

a. Company's net income

Sales. 2,275,000

Less:

Cost of goods sold

1,285,000

Administrative and selling expenses

535,000

Depreciation expense

420,000

EBIT

35,000

Less interest

245,000

Taxable income

-$210,000

Taxes 21%

Nil

Net income

-$210,000

b. The operating cash flow for the year

OCF = EBIT + depreciation - taxes

OCF = 35,000 + 420,000 - 0

OCF = $455,000

c. Net income was negative due to the deductibility of interest expense and depreciation.

The actual operating cash flow was positive due to the fact that depreciation is a non cash expense, and also interest is a financing and not an operating expense.

5 0
3 years ago
West Company borrowed $10,000 on September 1, Year 1 from the Valley Bank. West agreed to pay interest annually at the rate of 6
Setler [38]

Answer:

The correct answer is $200

Explanation:

The interest expense appearing on the company's income statement in year 1 is for  a period of four months(September to December) year 1.

The interest expense using an annual rate of 6% is computed thus:

interest expense=$10,000*6%*4/12=$200

The correct option is $200 which is not one of the options provided,hence the options need.

In another version of the question,option D was $200 which shows is missing here,

All in all, the correct answer is $200 interest for a period of four months from September to December

8 0
3 years ago
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