1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
vladimir1956 [14]
3 years ago
15

If the CPI was 72.6 in 1979 and 144.5 in 1993, by what percentage did prices rise during the period 1979-1999?

Business
1 answer:
Kaylis [27]3 years ago
4 0

Answer:

99.035%

Explanation:

Data provided in the question:

CPI in 1979 = 72.6

CPI in 1993 = 144.5

Now,

The percentage by which prices rise during the period 1979-1999 will be calculated as :

= [ (CPI in 1993 - CPI in 1979 ) ÷ CPI in 1979 ] × 100%

or

= [ (144.5 - 72.6 ) ÷ 72.6 ] × 100%

or

= [ 71.9 ÷ 72.6 ] × 100%

or

= 99.035%

The percentage by which prices rise during the period 1979-1999 is 99.035%

You might be interested in
Interest earned on a savings account is _____.
kondor19780726 [428]

Correct
b. the percentage a financial institution pays you to borrow your money
7 0
2 years ago
Thyme, Inc. owns 16,000 of Sage Co.'s 20,000 outstanding common shares. The carrying value of Sage's equity is $500,000. Sage su
DedPeter [7]

Answer:

The total non controlling interest after the additional shares are issued is equal to $252,000.

Explanation:

Before the issue Sage co's had 20,000 shares with total equity value of $500,000. After the issue of 5000 shares worth $200,000, the total number of shares and equity would be -

Total number of shares = 25,000 ( 20,0000 + 5000 )

Total equity value          = $700,000

Now Thyme inc owns 16,000 number of shares , which means that minority holds 9000 number of shares . Now the price per share would be =

       TOTAL EQUITY / NUMBER OF SHARES

         $700,000 / 25,000

=        $28

NON CONTROLLING INTEREST = Minority shares x Price per shares

                                                      = 9000 x $28

                                                      = $252,000

8 0
3 years ago
David and Lilly Fernandez have determined their tax liability on their joint tax return to be $1,700. They have made prepayments
Snowcat [4.5K]

Answer:

-$1,800

Explanation:

Given that

Tax liability = $1,700

Prepayment made = $1,500

Child tax credit = $2,000

The computation of tax refund is given below:-

= Tax liability - (Prepayment made + Child tax credit)

= $1,700 - ($1,500 + $2,000)

= $1700 - $3500

= -$1,800

Therefore, from the above calculation simply we subtract tax liability from prepayment and child tax credit.

3 0
3 years ago
The cash flows from operating activities are reported by the direct method on the statement of cash flows. Determine the followi
Elanso [62]

Answer:

the Cash Received from Customers is $548,400

Explanation:

The computation of the cash amount received by the customers is as follows:

Cash Received from Customers is

= Sales + Decrease in Accounts Receivables

= $516,400 + $32,000

= $548,400

hence, the Cash Received from Customers is $548,400

We simply applied the above formula so that the correct value could come

And, the same is to be considered

7 0
3 years ago
Suppose that the quantity of DVD players sold increased from 200 to 400 when the price fell from $225 to $175. Over this price r
Nataly_w [17]

Answer:

Option D.

Explanation:

Given information:

Q_1=200, Q_2=400

P_1=225, P_2=175

Formula for price elasticity of demand is

E_d=\frac{Q_2-Q_1}{P_2-P_1}\times \frac{P_1+P_2}{Q_1+Q_2}

Substitute the given values in the above formula.

E_d=\frac{400-200}{175-225}\times \frac{225+175}{200+400}

E_d=\frac{200}{-50}\times \frac{400}{600}

E_d=-\frac{8}{3}

E_d\approx -2.67

Absolute value is

|E_d|= |-2.67|=2.67

The absolute value of the price elasticity of demand for DVD players is 2.67.

Therefore, the correct option is D.

6 0
3 years ago
Other questions:
  • 1. which of the following methods is useful for recovering stolen property?
    11·2 answers
  • The rental real estate exception favors: A. lower-income taxpayers (AGI less than $80,000). B. middle-income taxpayers (AGI grea
    11·1 answer
  • Air used for cleaning should be regulated to ____ psi unless equipped with OSHA-compliant diffuser nozzles.
    11·1 answer
  • On December​ 31, Year​ 10, Brown Company changed its inventory valuation method from the​ weighted-average method to FIFO for fi
    9·1 answer
  • Suppose that consumers would like to purchase 10 million dvds but only 5 million are available. in order for the market to coord
    8·1 answer
  • What are the most common types of credit available to individuals and businesses?
    13·1 answer
  • The unadjusted trial balance at year-end for a company that uses the percent of receivables method to determine its bad debts ex
    13·1 answer
  • A client is to be transferred from the coronary care unit to a progressive care unit. The client asks the nurse, "Are you sure I
    15·1 answer
  • True or False: Stock market crashes have relatively little effect on the overall economy?
    8·2 answers
  • which number is potentially the largest? a. the number of shares certified. b. the number of shares authorized. c. the number of
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!