Answer:
a. 116.9 and the inflation rate was 16.9%
Explanation:
<u>Definition</u>
Consumer Price Index (CPI) is a statistical measure that is constructed using a weighted average market basket of consumer goods and services produced by a household.
CPI = (Cost of market basket ₓ / Cost of market basket ₓ₁) * 100
where x = present year(2014) and x1 = base year(2012)
CPI = (90/77) * 100
CPI = 116.88
CPI = 116.9 (to 1 decimal place)
Inflation =<u>Current year basket cost - Base year basket cost</u> * 100
Base year basket cost
Inflation = <u>90-77</u> * 100
77
Inflation = 16.88
Inflation = 16.9% ( to 1 decimal place)
Answer:
$162,500
Explanation:
Depletion is used to expense the cost of extracting natural resources.
Depletion expense = (unit extracted in 2017 / total units that could be extracted) x (Cost- salvage value)
(1,500,000 / 12,000,000) x ( $1,500,000 - $200,000) = 0.125 × 1,300,000 = $162,500
I hope my answer helps you
Answer:
1. $54,000
2. $50,000
3. $50,000
Explanation:
1. The computation of transaction price if the expected value is used is shown below:
= Flat fee + (Cost savings × given percentage)
= $50,000 + ($20,000 × 20%)
= $50,000 + $4,000
= $54,000
2. The computation of transaction price if the estimate of variable consideration is used. So, only a flat fee should be considered and the cost saving is ignored. Hence, the amount is $50,000
3. The computation of transaction price if the estimate of variable consideration is used. So, only a flat fee should be considered and the cost saving is ignored. Hence, the amount is $50,000 as there is very uncertainty due to lack of experience
Answer: (D) Poor leader-member relations
Explanation:
In the poor leader member relationship, the member of the group are poor and the leaders focus are mainly shift away from the task in type specific group. It raises the poor conflicts and behavior in the relations of the group members.
The contingency model is one of the important business contingency theory which focus on the leadership effectiveness in the specific organization. This theory is mainly developed by the Fred fiedler.
Therefore, Option (D) is correct.
Saturn and Jupiter both have large quantities of liquid
hydrogen and liquid metallic hydrogen while Neptune and Uranus just have the
gaseous form of hydrogen because they are too little to compress hydrogen to
its metallic state. Also, the two latter planets have icy cores.
