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MariettaO [177]
4 years ago
12

To determine the consumer price index (CPI), _____. Select one: a. the values of the current market basket at current prices and

the base-year market basket at base-year prices need to be known b. the values of the base-year market basket at current and base-year prices need to be known c. the values of the current market basket at current and base-year prices need to be known.
Business
1 answer:
RoseWind [281]4 years ago
7 0

Answer:

The answer is: C) the values of the current market basket at current and base-year prices need to be known.

Explanation:

The consumer price index (CPI) is calculated by dividing the current price of a basket of goods by the price of the same basket of goods in the base year. Then you multiply the ratio by 100. The CPI measures the average change of prices over time for a basket of goods.  

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The Big Black Bird Company (BBBC) has a large order for special plastic-lined military uniforms to be used in an urgent military
kap26 [50]

Answer:

A. Multifactor productivity

Original Value of output 2500 un. x $200/un. = $500,000 Value of input 2500 un x $120/un. = $300,000 Multi-factor productivity $500,000/$300,000 = 1.67 Overtime Value of output 4000 un. x $200/un. = $800,000 Value of input 4000 un. x $144/un. = $576,000 Multi-factor productivity $800,000/$576,000 = 1.39 Multi-factor productivity (1.67 – 1.39) / 1.67 = 16.8% decrease

B. LABOR PRODUCTIVITY

Original Value of output 2500 un. x $200/un. = $500,000 Input = (100 people x 40 hr/person) = 4000 hours Labor productivity $500,000/4000 hr = $125/hr Overtime Value of output 4000 un. x $200/un. = $800,000 Input = (100 people x 72 hr/person) = 7200 hours Labor productivity $800,000/7200 hr = $111/hr Labor productivity ($125/hr – $111/hr) / $125/hr = 11.1% decrease

C.GROSS PROFITS

Original $500,000 - $300,000 = $200,000 Overtime $800,000 - $576,000 = $224,000

$24,000 increase

5 0
3 years ago
An asset which costs $97,600 and has accumulated depreciation of $82,000 is sold for $18,000. what amount of gain or loss will b
frutty [35]
Book value
Cost of an asset-accumulated dep
97,600−82,000=15,600

So
18,000−15,600=2,400
a gain of $2,400.

Hope it helps
8 0
3 years ago
Consider the following questions: Which customers are most likely to renew their subscription to our service at the regular pric
inn [45]

Answer:

The correct answer is predictive analysis.

Explanation:

Predictive analysis uses historical data to predict future events. Normally, historical data is used to create a mathematical model that captures important trends. This predictive model is then used with the current data to predict what will happen next, or to suggest actions to take in order to obtain optimal results.

Predictive analysis has received a lot of attention in recent years due to advances in the technology that supports it, especially in the areas of big data and machine learning.

7 0
3 years ago
Help me 1 to 5 please! Thank you
emmasim [6.3K]

Answer:

ur image is not loading ...... I'm sorry for not able to ans

4 0
3 years ago
A company issues 5,000 shares of $15 par common stock. As a result, the earnings per share of the company _____.
goldfiish [28.3K]

Answer:

c. decrease

Explanation:

Options <em>"a. increases, b. remains unchanged, c. decreases, d. equals to $15"</em>

<em />

Earnings per share = Net income available for common shareholders / Number of shares outstanding.

So with increase in number of shares outstanding, the earnings per share would decrease as net income would be spread over higher number of shares.  So in this case, if company issues further 5,000 shares, the number of shares outstanding would increase and thus the earnings per share would decrease.

6 0
3 years ago
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