Answer:
guy who is this and what is the cow ate grass and died in the middle of the night
The inflation rate formula is ( CPI2 - CPI1 )
-------------------- x100
CPI1
CPI2 = Price of the latter date
CPI1 = Price of the earlier date
So the latter price is $32.7 and the earlier is $32 (I'm assuming you mean the inflation from January to February)
Then plug in the numbers ( 32.7 - 32 )
---------------- x100
32
32.7 - 32 = .7/32 = .021875 x 100 = 2.1875
Which means the answer would be if you round 2.2%
Answer:
$60,000
Explanation:
The amount of overheads which shall be allocated to the three projects shall be determined using the following mentioned formula:
Overhead amount=overhead rate* direct labor costs
In the given question
overhead rate=60%
direct labor costs=$100,000
Overhead amount=60%*100,000
=$60,000
Answer:
A.
Compensating balances are used by banks as a substitute for charging service fees
Explanation:
Compensating balance is the amount of money that a customer who uses the bank's services, has to keep in an account. The purpose of this money will be to offset the cost incurred by the bank in the course of making its services available to the customer.
