John stringfield has strived to act as a responsible member of the community. he has respected the law, protected public goods,
1 answer:
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Answer:
1. Form 10-Q ⇒ <u>Quarterly report filed by public companies with the SEC that contains additional unaudited financial information. </u>
2. Quarterly report. ⇒ <u>Brief unaudited report for quarter normally containing! summary income statement and balance sheet.</u>
3. Press release ⇒ <u>Written public news announcement that is normally distributed to major news services. </u>
4. Annual report ⇒ <u>Report containing the four basic financial statements to the year, related notes, and often statements by management and auditors.</u>
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5. Form 10-K ⇒ <u>Annual report filed by public companies with the SEC that contains additional detailed financial information.</u>
6. Form 8-K ⇒<u> Report of special events (e.g., auditor changes, mergers) filed by public companies with the SEC.</u>
Answer:
The correct answer is option a.
Explanation:
The CPI or consumer price index is a tool to measure inflation in the economy. It includes a basket of goods and services generally consumed by households. Changes in the price of these goods and services are calculated to measure the inflation rate.
In the year 1955, the CPI was 95.
In the current year, the CPI is 475.
This means that today $100 will be able to purchase
=
= $20
$100 in current year will be able to purchase the same amount of goods and services that $20 purchased in the year 1995.