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atroni [7]
3 years ago
13

2. In 2016; the cost of a market basket of goods was $2,000. In 2018, the cost of the same market basket of goods was

Business
1 answer:
GREYUIT [131]3 years ago
7 0

Answer:

105

Explanation:

base year = 2016

cost of market basket of goods in base year = $2,000

CPI for base year = 100

year 2018

cost of market basket of goods in 2018 = $2,100

CPI for 2018 = (cost of basket of goods in 2018 / cost of basket of goods in base year) x 100 = ($2,100 / $2,000) x 100 = 105

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Jenny owns a book company. It costs $10.00 to produce a new book and the company wants a 30% profit, so he charges $13.00 for th
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B. Cost-plus pricing.

Explanation:

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2 years ago
The wages of a timekeeper in the factory would be classified as
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Answer:

a

Explanation:

because it correct answer and correct answer

4 0
3 years ago
Read 2 more answers
Frederick is a student at Central Fictional State University (CFSU), and he has a great idea for a new business invention. Frede
Delvig [45]

Answer: He should should File a suit.

Explanation:

He should should File a suit.

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We should not let evil doers prevail, suing Professors will teach them a lesson that stealing a person's idea is wrong and they should not do it again, if Frederick doesnot sue the professors would probably do it to another student. Frederick's law suit will not only help him but it will actually save a lot of students coming after him which is what Christianity is teach us to do good for other people.

6 0
2 years ago
Gomez Corp. uses the allowance method to account for uncollectibles. On January 31, it wrote off an $800 account of a customer,
saul85 [17]

Answer:

Explanation:

The journal entries are shown below:

On January 31

Allowance for doubtful accounts A/c Dr $800

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(Being the written off amount is recorded)

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(Being the reverse entry is made)

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