Answer:
b. 116
Explanation:
The calculation of Consumer Price Index is shown below:-
CPI = ((Base year basket quantities × current year price) ÷ (Base year basket quantities × Base year prices)) × 100
= ((50 × $1.50) + (100 × $1.10)) ÷ ((50 × $1.20) + (100 × $1.00)) × 100
= (185 ÷ 160) × 100
= 115.6
0r 116
So, for computing the consumer price index for 2018 we simply applied the above formula.
Answer:
Net income will be $160000
So option (c) will be the correct answer
Explanation:
We have given debt common stock = $680000
Credit liabilities = 350000
Credit paid in capital = 190000
And excess of par 30,000 credit Assuming the only changes in retained earnings
So 680000 = 350000+190000+30000+ retained earning
So retained earning = $110000
Dividend paid = $50000
So net income = dividend paid + retained earning = $110000+$50000 = $160000
So option (c) will be the correct answer
Answer:
True
Explanation:
Like-kind property is real property held for investment or use in a trade or business exchanged for real property held for investment or use in a trade or business.
However, Taxpayers must defer gain or loss realized on the exchange of like-kind property.
Answer:
$86.87
Explanation:
Calculation for what would be the overall margin on the order
Price of cake $500.54
Less Costs:Size related ($183.06)
($1.13 per guest × 162 guests)
Less Complexity-related ($130.56)
($43.52 per tier × 3 tiers)
Less Order-related ($61.44)
($61.44 per order × 1 order)
Less Cost of purchased decorations for cake ($38.61)
Customer margin $86.87
Therefore would be the overall margin on the order is $86.87
The plans regarding the contributions made to the 401(k) plans are directed by the participant, who is also known as an employee of the organization.
<h3>Who is a 401(k) plan?</h3>
A 401(k) can be referred to as a feature of a profit-sharing plan that enables the employees to make a partial contribution of their wages to their individual accounts.
An employee is referred to as a participant for the purpose of this plan. It is further to be noted that this plan is as per the voluntary directions of the participant.
Hence, it holds true that majority of the 401(k) plans are participant directed.
Learn more about 401(k) plans here:
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