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3 years ago

Alternative price indexes

Business

1 answer:

ANTONII [103]3 years ago

4 0

Answer and Explanation:

The consumer price index refers to an index in which the prescribed market cost of goods & services by the prices years from the base year prices of the prescribed market basket and then it is multiplied by 100.

But the Gross Domestic Inflator would be represented when the all types of prices of goods and services generated domestically

An increase in the price refelected the GDP deflator

And, the decrease in the price of treewood represents CPI

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ssume that interest rate parity exists. You expect that the one-year nominal interest rate in the U.S. is 7%, while the one-year

EleoNora [17]

Answer:

The answer is A. $5,784,000

Explanation:

[(1.08)/(1.11)] -1 = -3.6%

Thus one year forward rate is 0.60*[1 +(0.036)] = $5784

$5784 * 10 000 000= $5,784,000

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3 years ago

J Crane, Ltd. is a local coat retailer. The store’s accountant prepared the following income statement for the month ended Janua

kari74 [83]

Answer:

J Crane, Ltd

Contribution Margin Income Statement

For the Month ended January 31 YY

$ $

Sales revenue 750,000

Less Variable cost :

Cost of goods sold 300,000

Selling expenses 19,500

Admin Expense 37,500

357,000

Contribution Margin 393,000

Less Fixed cost :

Selling expense 4,060

Administrative expense 12,000

16,060

Net income 376,940

Working:

Number of Coat sold = 750,000/250 = 3000 coats

Variable costs:

Selling expenses = 6.5 x 3000 = 19500

Admin Expense = 750,000 x 5% = 37,500

Fixed cost:

Selling expenses = 23560 - 19500 = 4060

Admin Expense = 49,500 - 37,500 = 12,000

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3 years ago

Which of the following is an example of a problem with logistics?

Bess [88]

A: Two business partners have opposing visions for how a company should grow.

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4 years ago

Read 2 more answers

The following December 31, 2021, fiscal year-end account balance information is available for the Stone Corporation:Cash and cas

blsea [12.9K]

Answer:

Total current assets = $112500

Short term investments = $2300

Retained earnings = $15500

Explanation:

The total current assets can be determined using the current ratio provided for 2021. The current ratio is calculated by dividing the value of total current assets by the value of the total current liabilities.

1.5 = Total current assets / (51000 + 23000 + 1000)

1.5 = Total current assets / 75000

1.5 * 75000 = Total current assets

Total current assets = $112500

Short term investments are a part of the current assets. The value of short term investments is,

112500 = 6200 + 32000 + 72000 + Short term investments

112500 = 110200 + Short term investments

112500 - 110200 = Short term investments

Short term investments = $2300

The basic accounting equation states that the total assets is always equal to the value of total liabilities plus total equity.

Total assets = Total Liabilities + Total Equity

(112500 + 180000) = [(51000 + 23000 + 1000) + 42000] + (160000 + Retained earnings)

292500 = 117000 + 160000 + Retained earnings

Retained earnings = 292500 - 277000

Retained earnings = $15500

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