Answer:
The correct option is option D which is When 2006 is chosen as the base year, the inflation rate is 50 percent in 2007.
Explanation:
For the fixed basket, the price is 2006 is given as
Basket Price =$3*10+$5*6=$30+$30=$60
Now the price of basket in 2007 is given as
Basket Price=$5.40*10+$6*6=$54+$36=$90
Now as the inflation rate is given as
Price in 2007/Price in 2006=$90/$60=1.5
this indicates that the prices have become 1.5 times or have increase 50% Thus the inflation rate is 50%
The one being referred to as the ability of consistently
producing a given result is called reliability. It is because reliability is
being defined as a way of producing consistency and reproducibility in a given
result in which the quality is considered to be trustworthy.
<span>The importance of management is based upon the </span>economical and effective strategic planning & regulation of operations of an enterprise to fulfill the given purposes.
To learn more of the importance of management, see attached file.
Answer:
EPS 8.5
Questions:
Earning per share for the year
Explanation:
From the net income we subtract the preferred dividends and then, divide among the common stock
Income 454700
preferred dividend 29700 ( 3,300 shares x $9per share)
Oustanding common stock 50000
EPS 8.5
