Answer:
$16,875
Explanation:
The amount received per year is $15,000 and the CPI increased from 144 to 162
Inflation rate = (New CPI - Old CPI)/Old CPI * 100
Inflation rate = 162-144/144 * 100
Inflation rate = 0.125
Inflation rate = 12.5%
Amount received = $15,000 * 12.5% = $1,875
==> $15,000 + $1,875 = $16,875
So, Grandmother will receive $16,875
A. Vending Machine is a nonstore retailer
Generally accepted government auditing standards define and describe three broad types of audits that may be performed: financial audits, attestation engagements and performance audits.
<h3>What is Government?</h3>
A government is refer as administrative body which helps in the proper functioning of the country by maintaining peace and order by implementing laws and legislation describe in the constitution.
Generally accepted government auditing standards are refers as measures or guidelines provided by the government to calculate the or check the accountability and performance.
Learn more about Government, here:
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Answer:
$48,000
Explanation:
The total cost of the units produced in the month is the sum of the direct and indirect cost. The indirect cost is also known as the overheads.
The direct cost is the sum of the direct labor and direct material cost.
Total direct cost = 600( $30 + $40)
= $42000
Indirect cost = 600/6400 * $64,000
= $6000
The total cost of the units made in January was
= $42000 + $6000
= $48,000
Answer: c. 3%
Explanation:
The Insurance company guaranteed that the minimum rate that they will pay their policyholders as 3%. Just because the investments are now drawing only 2.5% due to the economic downtown does not absolve them of this agreement.
They must therefore still pay their policy holders the minimum return guaranteed which is 3%.
