Examine the supply and demand schedules for cell phones. How much would

or each of the following items, indicate to which major group of the CPI the item belongs: a. Tuition payments to your universit

sergiy2304 [10]

Answer:

a. education; b. housing; c. transportation; d. food and beverages; e. recreation; f. medical care

Explanation:

CPI or consumer price index represents the costs of basket of goods and services across the country on monthly basis and includes the following categories:

housing
apparel
transportation
education and communication
other goods and services
recreation
medical care
food and beverages

a. Education

b. housing

c. transportation

d. food and beverages

e. recreation

f. medical care

5 0

2 years ago

Spears Co. had net sales of $53,404 million. Its average total assets for the period were $16,302 million. Spears' total asset t

liraira [26]

Given:
net sales = 53,404,000,000
Average total assets = 16,302,000,000

Total asset turnover is calculated by divided net sales by the average total assets.

Total asset turnover = net sales / average total assets
T.A.O = 53,404,000,000 / 16,302,000,000
T.A.O = 3.2759 OR 3.3

The total asset turnover indicates the company's ability to efficiently deploy its asset in generating revenue.

7 0

3 years ago

Turrubiates Corporation makes a product that uses a material with the following standards: Standard quantity 7.5 liters per unit

Julli [10]

Answer:

Direct material quantity variance= $1,400 unfavorable

Explanation:

Giving the following information:

Standard quantity 7.5 liters per unit Standard price $ 2.00 per liter

Actual production was 3,400 units.

The company used 26,200 liters of direct material.

<u>To calculate the direct material quantity variance, we need to use the following formula:</u>

Direct material quantity variance= (standard quantity - actual quantity)*standard price

Direct material quantity variance= (7.5*3,400 - 26,200)*2

Direct material quantity variance= (25,500 - 26,200)*2

Direct material quantity variance= $1,400 unfavorable

5 0

2 years ago

How is a line of credit similar to a credit card?

Inessa05 [86]

The right answer for the question that is being asked and shown above is that: "a. Interest is charged only on the amount you actually borrow." a line of credit similar to a credit card is that <span>a. Interest is charged only on the amount you actually borrow.</span>

8 0

2 years ago

Read 2 more answers

A company has elected to pursue the initiatives listed in part a. For each initiative, describe which Balanced Scorecard perspec

Xelga [282]

Precent of repeat customers

6 0

3 years ago