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MariettaO [177]
3 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]3 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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Mathematically, fixed asset turnover ratio = Net sales / Average fixed assets.
The numerator is net sales while the denominator is average fixed asset. 
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In 2019, Alex has income from wages of $16,000, adjusted gross income of $18,000, and tax liability of $300 before the earned in
bija089 [108]

Answer:

Benefit is $3526

Explanation:

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3 years ago
Mize Company provided $45,500 of services on account, and collected $38,000 from customers during the year. The company also inc
damaskus [11]

Answer:

D. All of these answer choices are correct

Explanation:

Use Accounting Equation

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Expenses on Account                           -37,000  +37,000

Payment against payable    <u>-32,400</u>    <u>             </u>   <u>-32,400</u>

Net Impact                              <u>13,100</u>       <u>8500</u>        <u>4600</u>

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bonufazy [111]

Answer:

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Answer:

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Explanation:

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