Answer:
b. 116
Explanation:
The calculation of Consumer Price Index is shown below:-
CPI = ((Base year basket quantities × current year price) ÷ (Base year basket quantities × Base year prices)) × 100
= ((50 × $1.50) + (100 × $1.10)) ÷ ((50 × $1.20) + (100 × $1.00)) × 100
= (185 ÷ 160) × 100
= 115.6
0r 116
So, for computing the consumer price index for 2018 we simply applied the above formula.
Answer:
The correct answer is letter "C": independent variable.
Explanation:
Independent variables are propositions in a study which effects help to analyze certain behavior of a dependent variable. The dependent variable does not change but the independent variables do. There may be more than one independent variable for only one dependent variable.
In the case, <em>the dependent variable is the change in sales at GO designs while the independent variable is the price increase.</em>
Answer:
The net income for 2020 was $90,000
Explanation:
Shmenson Company
Income Statement for the year ended 2020
Sales $470,000
Less Cost of Sales
Beginning Inventories $70,000
Add Net purchases $180,000
Add Freight In $15,000
Less Ending Inventories ($60,000) ($205,000)
Gross Profit $265,000
Less Expenses
Operating expenses ($175,000)
Net Income $90,000
Conclusion
Thus, the net income for 2020 was $90,000.
Transfer cash from savings to checking because monthly expenses should always be made with cash.
The most critical principle for using credit cards is to continually pay your invoice on time and complete it.
Following this easy rule assist you to keep away from interest charges, past due prices, and bad credit score scores.
By means of paying your invoice completely, you will avoid interest and construct towards an excessive credit score score.
In step with our recent survey, 3 out of four consumers within the usa choose credit cards based totally on the attraction of interest fees, non-public records and fraud safety and rewards offers.
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Answer:
The expected return on Bo's complete portfolio will be "10.32%".
Explanation:
The given question is incomplete. Please find attachment of the complete question.
According to the question, the given values are:
Port's expected return,
T-bill's expected return,
Port's weight,
T-bill's weight,
Now,
The Bo's complete portfolio's expected return will be:
⇒ 
On substituting the given values, we get
⇒ 
⇒ 
Note: percent = %
