Answer:
Accounting can be tough. ... The course load is quite intense, with classes in mathematics, finance, business, and accounting. While some concepts can be challenging, by studying the material and taking the time to make sure you fully understand accounting principles, you can be successful.
<h3>Please mark as brainliest</h3>
Answer:
The answers are:
- The CPI for 2009 is 100 (since it is the base year)
- The CPI for 2010 is 129.17
- The inflation rate for 2010 is 29.17%
Explanation:
<u>CPI basket for 2009</u>
- 6 razors x $20 per razor = $120
- 4 bottles of cologne x $30 per bottle = $120
The total value of the CPI basket for 2009 is $240
<u>CPI basket for 2010</u>
- 6 razors x $25 per razor = $150
- 4 bottles of cologne x $40 per bottle = $160
The total value of the CPI basket for 2010 is $310
- The CPI for 2009 is 100, since it is the base year
- The CPI for 2010 = (CPI basket 2010 / CPI basket 2009) x 100 = ($310 / $240) x 100 = 129.17
- The inflation rate for 2010 = [(CPI basket 2010 / CPI basket 2009) - 1] x 100 = (1.2917 - 1) x 100% = 29.17%
Answer:
$9.18
Explanation:
Return on Investment is the actual profit / gain received on investment. In case of Investment in the stock the dividend and price appreciation is included in the return.
We will calculate the return on the investment in accounts.
Return = Dividend Received + ( Market Price of Stock - Initial price )
Return = Dividend Received + ( Market Price at the end of the year - Price at the beginning of the year )
Return = $0.85 + ( $76.45 - $68.12 )
Return = $0.85 + $8.33
Return = $9.18