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3 years ago

In 1979 and 1980

Business

1 answer:

Leokris [45]3 years ago

6 0

Answer:

D) the U.S. inflation rate as measured by the CPI was higher than that measured by the GDP deflator, and the difference was explained by rapidly rising oil prices

Explanation:

During the 1970s there was a very strong correlation between oil prices and the CPI. Oil is essential to our economy, since it is used in so many different ways, e.g. fuel, plastics, heating, etc. The oil prices increased from $15.85 per barrel on April 5, 1979 to $39.50 per barrel on March 3, 1980. That is a huge increase (149%) for only one year.

The CPI more than doubled during the 1970s, increasing from 41.20 in 1972 to 86.30 in 1980 (109% increase). It had previously taken 24 years for the CPI to double before that decade. That is a huge increase in inflation even if you compare it to more modern day inflation. The CPI for 2018 was 251, so in the last 38 years it increased by 190% and inflation has been an issue several times in the last decades.

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Which of the following statement(s) is(are) true regarding the variance of a portfolio of two risky securities? I) The higher th

andre [41]

Answer:

The degree to which the portfolio variance is reduced depends on the degree of correlation between securities is the correct answer.

Explanation:

3 0

3 years ago

Osborn Manufacturing uses a predetermined overhead rate of $19.70 per direct labor-hour. This predetermined rate was based on a

Snowcat [4.5K]

Answer:

Underapplied overhead= $3,900 underapplied

Explanation:

Giving the following information:

Osborn Manufacturing uses a predetermined overhead rate of $19.70 per direct labor-hour. The company incurred $260,000 of manufacturing overhead and 13,000 direct labor-hours during the period.

<u>The under or overapplied overhead is the difference between the allocated overhead and the real overhead for the period.</u>

First, we need to calculate the allocated overhead:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= 19.7*13,000= $256,100

Now, using the following formula, we calculate the over/under applied overhead:

Under/over applied overhead= real overhead - allocated overhead

Under/over applied overhead= 260,000 - 256,100= $3,900 underapplied

8 0

3 years ago

Naples, Inc. recorded operating data for its shoe division for the year. Sales $750,000 Contribution margin 135,000 Total fixed

Sergeu [11.5K]

Answer:

25%

Explanation:

New contribution margin = Old contribution margin + Increase

= 135,000 + 30,000

= 165,000

Net Income = Contribution margin - Total fixed expense

= $165,000 - $90,000

= $75,000

ROI = Net income ÷ Average operating assets

= 75,000 ÷ 300,000

= 25%

4 0

4 years ago

"karla is taking two classes for a total of six credit hours. therefore she should be spending a minimum of ________ hours for r

nasty-shy [4]

This is the concept of algebra, we are required to calculate the total time that Karla should spend in in reviewing, homework assignments and preparation for the next class.
Total number of classes=2
Number of credit hours=6 hours
Time taken for each class=6/2=3 hours
Number of hours for reviewing, homework and assignments should be equal to the amount of time spent in each of the classes. This will give us:
[number of hours]*[activities]
=3*3
=9 hours

5 0

3 years ago

When would a court consider the adequacy of consideration? Select one: A. To verify that a sale of assets was not done to avoid

solong [7]

Answer:

E. To verify that property was sold at its fair market value

Explanation:

Adequacy of consideration is an aspect of law that says a lawful agreement is made when the buyer of a good or service gives a fair price for offerings made by the seller.

The fair price may however come in different forms - property, a promise to perform an action, an act, or money.

For example if a person offers to sell a car at $3,000 and the buyer accepts this price, the agreement is said to have adequate consideration.

If a court determines that a contract does not meet fair market price of goods and services sold, it can nullify the contract

4 0

3 years ago