1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
amm1812
3 years ago
15

The Bureau of Labor Statistics reported the consumer price index as 229.6 in December 2012, and 246.5 in December 2017. By what

percentage did the index increase from the end of 2012 to the end of 2017 (rounded to one decimal place)
Business
1 answer:
slega [8]3 years ago
4 0

Answer:7.4%

Explanation: In December 2017, the CPI stood at 246.5 up from 229.6 in December 2012. This is a 7.4% increase [(246.5-229.6) /229.6] *100=7.4

You might be interested in
don draper has signed a contract that will pay him 80000 at the beginning of each year for the next 6 years plus an additional a
Nata [24]

Answer:

$449,830

Explanation:

A fix Payment for a specified period of time is called annuity. The discounting of these payment on a specified rate is known as present value of annuity.

Don draper will receive total 7 payments in 6 years time.

Formula for Present value of annuity is as follow

PV of annuity = P + P x [ ( 1- ( 1+ r )^-n ) / r ]

P = Payment = $80,000

r = rate of return = 8%

n = number of years = 6 years

PV of annuity = $80,000 + $80,000 x [ ( 1 - ( 1+ 8% )^-6 ) / 8% ]

PV of annuity = $80,000 + $369,830

PV of annuity = $449,830

4 0
4 years ago
Strait co. manufactures office furniture. during the most productive month of the year, 3,000 desks were manufactured at a total
jek_recluse [69]
Using High-Low method:x 1 = 1,125 ( low units ),  x 2 = 3,000 ( high units )y 1 = 38,000 ( low cost ), y 2 = 59,000 ( high cost ).Formula is: y = m x + b, where b represents Fixed costs.  m = ( y2 - y1 ) / ( x2 - x1 ) = ( 59,000 - 36,000 ) / ( 3,000 - 1,125 ) = 11.259,000 = 11.2 * 3,000 + bb = 59,000 - 33,600 = 25,400y = 11.5 x + 25,400Answer: Total fixed costs are $25,400.
 


7 0
4 years ago
Tucker Electronic System's current balance sheet shows total common equity of $3,125,000. The company has 125,000 shares of stoc
Airida [17]

Answer:

The answer is $27.50

Explanation:

Total Common Equity(stock) as per book is $3,125,000

Total outstanding shares of equity(stock) is 125,000

Therefore, Tucker Electronic System's book values per share is:

$3,125,000/125,000

$25.

And the market value per share is $52.50

Therefore, the difference between the market value per share and book values per share is:

$52.50 - $25

=$27.50

4 0
4 years ago
The product life-cycle curve that describes the sales pattern of a new product over time (growing slowly during its introduction
Lubov Fominskaja [6]

Answer:

curvilinear relationship

Explanation:

Based on the information provided within the question it can be said that this is an example of a curvilinear relationship. This term refers to a type of relationship between two variables in which, when one increases the other one does as well, up until a set point. Once the first variable hits that point it can continue to increase but the second variable will begin to decrease. In this scenario the market can continue to grow and will cause the new product to grow as well, but once the market becomes saturated with similar products, the sales of the product will start to decline even though the market is still growing.

3 0
3 years ago
Oilers, Inc. refines and markets its energy products in different nations around the world. In addition, Oilers' stockholders an
enot [183]
I think it’s D or C but I’m not sure
4 0
4 years ago
Other questions:
  • The first cash flow at the end of week 1 is $100, the second cashflow at the end of month 2 is $100, & the third cashflow at
    7·1 answer
  • The owner invested $15,200 cash in the company in exchange for its common stock. The company purchased supplies for $550 cash.
    15·1 answer
  • Lowery Co. uses the direct write-off method of accounting for uncollectible accounts receivable. Lowery has a customer whose acc
    11·1 answer
  • Elizabeth recently purchased 115 shares of a company for $10350 ($90 per share). The company has been doing well. This year, she
    10·1 answer
  • 1. Why can't an advertisement for a sports drink claim it will improve athletic performance? Give an example of a claim that it
    6·1 answer
  • Trendz Inc. is a leading brand of fashion clothing and accessories based in Houston. After gaining a strong foothold in the U.S.
    15·1 answer
  • BRAINLIEST AND 130 POINTS
    10·1 answer
  • Bonkowski Corporation makes one product and has provided the following information to help prepare the master budget for the nex
    14·1 answer
  • How flower seeds are conserved and stored?​
    5·1 answer
  • AANG companies are Monopoly?
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!