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3 years ago

CPI is calculated by dividing the using by the using and multiplying by 100.

Business

1 answer:

Anika [276]3 years ago

7 0

Explanation:

The CPI stands for Consumer Price index . It refers to the change in the price level with respect to the goods and services available in the market.

The CPI is calculated below

= Given the cost of market goods and services using the price of given year by the Given cost of market goods and services using the price of a base year and then it would be multiplied by 100

While the GDP Deflator deals with the price of all goods and services that are produced in domestic.

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In a commercial bank's t-account, reserves and outstanding loans are recorded as?

Vsevolod [243]

In a commercial bank's t-account, reserves and outstanding loans are recorded as assets.

In economic accounting, "reserve" usually has a credit balance and may talk over with part of shareholders' fairness, a liability for envisioned claims, or contra-asset for uncollectible debts. A reserve can seem in any part of shareholders' fairness besides for contributed or simple proportion capital.

Reserves are a part of income or gain that has been allotted for a selected reason. Reserves are usually installed to shop for fixed property, pay bonuses, pay an anticipated prison settlement, pay for upkeep & protection and pay off debt.

Reserves – additionally called retained income – are portions of a commercial enterprise's profits that have been set aside to strengthen the enterprise's economic function.

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2 years ago

A 25-year-old engineer is opening an individual retirement account (IRA) at a bank. Her goal is to accumulate $1 million in the

dimaraw [331]

Answer:

The minimum deposit will be of 3,081 and after 40 year it will get 1,000,000 dollars

Explanation:

We have to solve for the C of an annuity growing

$\frac{1-(1+g)^{n}\times (1+r)^{-n} }{r - g}$

g 0.05

r 0.06

C 3,081

n 40

$C \frac{1-(1+0.05)^{40}\times (1+0.06)^{40} }{0.06-0.05} = 1,000,000$

$C \times 324.57 = 1,000,000$

$C = 1,000,000/ 324.57 = 3,081$

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3 years ago

Which government agency is in charge of regulating the sale of stocks and bonds? A. The Securities and Exchange Commission B. Th

viva [34]

Answer:

Explanation: The Securities and Exchange Commission

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4 years ago

Juniper Company uses a perpetual inventory system and the gross method of accounting for purchases. The company purchases $9,750

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Answer:

The journal entries for the whole transaction are:

August 7, 202x, merchandise purchased on account, terms 1/10, n/30

Dr Merchandise inventory 9,750

Cr Accounts payable 9,750

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Dr Accounts payable 1,500

Cr Merchandise inventory 1,500

August 16, 202x, invoice is paid within discount period

Dr Accounts payable 8,250

Cr Cash 8,167.50

Cr Purchase discounts 82.50

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4 years ago

Wingate Company, a wholesale distributor of electronic equipment, has been experiencing losses for some time, as shown by its mo

mestny [16]

I'm not sure to be honest

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3 years ago

CPI is calculated by dividing the ____ using ____by the ____using ____ and multiplying by 100.

CPI is calculated by dividing the using by the using and multiplying by 100.