The consumer price index last year must have been 158.58.
<h3>What was the consumer price index last year?</h3>
The consumer price index is used to measure inflation. It does this by measuring the changes in the price of a basket of good.
CPI = (cost of basket of goods in current period / cost of basket of goods in base period) x 100
CPI last year = (100 - 3.1) x 163.65 = 158.58
To learn more about, consumer price index, please check: brainly.com/question/26382640
The correct answer is D. Henry shows his great respect for Elisa by choosing not to enter her most sacred space -- her garden,
Explanation:
An objective tone only describes facts or reality without showing the personal views of the speaker. Due to this, to keep an objective tone phrases such as "I believe", "I think" or "I feel" should be avoided. According to this, the excerpt that maintains the most objective tone is " Henry shows his great respect for Elisa by choosing not to enter her most sacred space -- her garden," because, in this, the student avoided any expression that showed his/her personal perspective and only described the relationships of the characters.
The answer to your question is true.
Answer:
First let us define the nature of each of the following as per Balance sheet of a company:
Payroll payable- Liability
FICA taxes withheld- Liability
Federal taxes- Liability
410(k)- Liability
Explanation:
Effect of Transaction on assets and liabilities:
- Payroll expense Debit will have no impact
- Payroll payable, Federal taxes, FICA and 401(k) will increase the current liability.
- And when they are subsequently paid, cash will be credited hence decreasing the current assets and all these current liabilities shall be debited, hence decreasing the current liability portion.
Answer:
Parson would recognize an interest revenue of $1375
Explanation:
The quoted interest rate on bond is the annual rate of interest. The bond is for 3 months which means that the interest revenue will be recorded for the 3 months period from June to August and the bond will mature on 31 August.
The interest revenue to be be recorded on this note is,
Interest Revenue = 55000 * 0.1 * 3/12 = $1375
The entry to record the receipt of interest and face value will be,
Cash 56375
Interest revenue 1375
Bonds Receivable 55000
