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ale4655 [162]
3 years ago
12

Suppose a basket of goods and services has been selected to calculate the CPI and Year 1 has been selected as the base year. In

Year 1, the basket's cost was $50; in Year 2, the basket's cost was $52; and in Year 3, the basket's cost was $55. The value of the CPI in Year 3 was
Business
1 answer:
kolbaska11 [484]3 years ago
7 0

Answer:

110

Explanation:

The consumer price index is an index that measures the inflation rate in a country. It tracks changes in prices for a basket of products and services in a country over time. CPI is calculated with a base year as the reference period.

The formula for calculating CPI with a base year is as below.

consumer price index=cost of the market basket in a given year   x100

                                     cost of a market basket at the base

In this case,

CPI  =  $ 55   x 100

            $ 50

CPI = 1. 1 x 100

CPI =110

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Is it ethical for large companies to market small brands as being local, natural, or eco-friendly when they are in fact owned by
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3 years ago
The U.S. Post Office charges 40 cents for the first ounce and 25 cents per ounce for each additional ounce. Use an inequality to
Leni [432]

Answer:

15 ounces.

Explanation:

The first ounce is worth 0.40, and the additional x ounces are worth 0.25 each. So, the inequality should be Y > A + B * X, where Y is equal to 4, A is the value of the first ounce (0.4), B is the value of the additional ounces (0.25) and x is the quantity of additional ounces.

  • 4 > 0.4 + x * 0.25
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  • 3.6/0.25 > x
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14 is the maximum of additional ounces that can be mailed, we have to add the first one, for a total of 15 whole ounces that can be mailed for no more than $4.

8 0
3 years ago
Further From Center has 12,100 shares of common stock outstanding at a price of $55 per share. It also has 310 shares of preferr
Molodets [167]

Answer:

Market value of common stocks = 12,100 x $55 = $665,500

Market value of preferred stock = 310 x $91       = $28,210

Market value of bonds                = 370 x $2,230 = $825,100

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= $28,210/$1,518,810

= 0.0186

The correct answer is A

Explanation:

In this question, we need to calculate the market value of the company, which is the aggregate of market value of equity, market value of preferred stocks and market value of bond. The capital structure weight of preferred stock is the ratio of market value of preferred stock to market value of the company.

3 0
3 years ago
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