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
Ludmilka [50]
3 years ago
5

Suppose that you were born in 1995. Also, suppose that your mother received a $100 baby shower gift at your birth. How much woul

d it cost to buy a similar amount of goods and services in 2015 given that the CPI was 152.4 in 1995 and 237.0 in 2015?
Business
1 answer:
valkas [14]3 years ago
4 0

Answer:

$155.5

Explanation:

The Consumer price index indicates how prices change through time of a determined basket of goods and services. Inflation is calculated by the percentage change of this index in two periods of time. In this case, we must calculate the percentage change:

1995: 152.4

2015: 237.0

(237-152.4/152.4)*100= 0.555*100=55.5%

The inflation rate for this period is 55.5%. To buy a similar amount of goods and services in 2015 we have to pay an 55.5% extra, which means we have to pay $155.5

You might be interested in
What role does the Federal Reserve play? Check all that apply. Regulate the banking industry Loan money to banks Give individual
andriy [413]
The Federal Reserve or also known as the Fed, serves as the bank of the United States, and therefore, it is responsible for any financial transaction that occurs within the economy of the United States. So, in the given statements above, I can say that the roles that Fed plays are the following: regulate the banking industry, and transfers any profits to the Treasury. 
8 0
3 years ago
Read 2 more answers
If quantity of tea is measured on the horizontal axis and quantity of coffee is measured on the vertical axis, an increase in th
tatyana61 [14]

Answer:

A. pivot rightward (pivot out) along the horizontal axis

Explanation:

Tea and coffee represent substitute goods. If price of a good increases, this causes an increase in quantity demanded of it's substitute.

In the given case, quantity demanded of tea is measured on horizontal axis while quantity demanded of coffee is measured on vertical axis. The budget constraint for tea and coffee shows different combinations of quantity of tea and coffee demanded within a fixed expenditure.

When price of coffee increases, within the same budget constraint, the quantity demanded of tea shall rise.

This would lead to the budget constraint to pivot rightward (pivot out) along the horizontal axis.

4 0
3 years ago
What is the Total expected equity financing for Amazon’s purchase of Walmart, at the assumed 50-50% equity and debt financing de
Serggg [28]

Answer:

The correct solution is "$241,356".

Explanation:

The given values are:

Share price,

P0 = 140.50

Acquisition premium,

p = 20%

Diluted shares outstanding,

N = 2,863 MM

Now,

For Amazon, the purchase price every share will be:

⇒ P=P0\times (1 + p)

On putting the values, we get

⇒     =140.50\times (1 + 20 \ percent)

⇒     =168.60

The purchase consideration will be:

= P\times N

= 168.60\times 2,863

= 482,702 \ MM

So that,

The total equity financing expected will be:

= Purchase \ consideration\times Percentage \ of \ equity \ financing

= 482,702\times  50 \ percent

= 241,351 \ MM ($)

Thus the above is the correct answer.

7 0
3 years ago
What type of advertising schedule is best suited for products and services that are consumed regularly at relatively steady rate
Elza [17]

Answer:

a constant advertizing system! people need to be remminded of your product in order to keep buying at a relatively steady rate!

4 0
2 years ago
On October 1, Hawking Corp. had 40,000 shares of $2 par value common stock outstanding before it declared a 2-for-1 stock split.
Naily [24]

Answer:

1. After the split, how many shares of common stock are outstanding and what is their par value per share?

40,000 stocks outstanding x 2 = 80,000 stocks outstanding after the stock split

par value of each stock = $2 / 2 = $1

Aren't both questions the same?

2. After the split, the number of shares outstanding is <u>80,000</u> and the par value per share is <u>$1</u>.

Explanation:

When a stock split happens, the total number of outstanding stock is just multiplied by the stock split factor, in this case it was 2, but other times it might be 4 or 7 (like Apple stock). You just multiply total outstanding stock by the split number. On the other hand, par value is calculated by dividing the current par value by the split number.

5 0
3 years ago
Other questions:
  • Swazzi has released a new line of sweater vests, but they are selling poorly. Store managers say they need same-day information
    11·1 answer
  • Are Gopros made in the USA or China
    11·2 answers
  • Hyper Color Company manufactures widgets. The following data is related to sales and production of the widgets for last year. Se
    13·1 answer
  • As a foreign subsidiary matures:
    10·1 answer
  • SuperAmazona has ending inventory of $200,000, and cost of goods sold for the year just ended was $1,410,000. On average, how lo
    13·1 answer
  • For a binomial experiment with r successes out of n trials, what value do we use as a point estimate for the probability of succ
    8·1 answer
  • Brittany Callihan sold stock (basis of $184,000) to her son, Ridge, for $160,000, the fair market value. a. What are the tax con
    13·1 answer
  • OSHA standards for electrical equipment and systems cover what elements of an electrical installation?
    6·1 answer
  • In the circular flow of income and spending, financial institutions …
    9·1 answer
  • A project activity has an earliest completion time of 5, an activity time of 3, and a latest completion time of 6. What is the s
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!