<span> the rate of inflation for that year is 10%
To calculate the rate of inflation for that year, we need to use this formula:
Rate of inflation = (CPI2 - CP1) / CPI1
Rate of inflation = (275 - 250) / 250
Rate of inflation = 25 / 250
Rate of inflation = 1 / 10
Rate of inflation = 10 %</span>
Answer:
d. The risk of lack of follow-through after selection
Explanation:
As rigorous as the process of selection might be, there is a greater risk of a lack of follow-through after selection.
When working in a team, the following are expected: genuine commitment, flexibility, being reliable, prompt communication, fast adaptability, and lastly among others, being positive.
Closing entries are necessary for temporary accounts only.
A closing entry involves shifting data from temporary accounts on the income statement to permanent accounts on the balance sheet. This closing entry is a journal entry which is made at the end of the accounting period.
The temporary accounts include expenses, revenue, dividends, and so these accounts are to be closed at the end of the accounting year. Thus, the purpose of closing entry is to reset the temporary account balances to zero on the general ledger.
Hence, temporary accounts are used to record accounting activity during a specific period of time.
To learn more about closing entries here:
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So let's set up an equation:
x-.4x=3000
, where x is the original price of the stock (which is what you want to find)
we subtract .4x since the .4x is denoting that 40% of the original price was taken away from the original value (x) which then equals 3000
So,
.6x=3000
x=3000/.6
x=5000
Answer: Employed.
Explanation:
Daryl is employed, because he has a job, where he works 15 hours a week. The job although it is not a full-time job still is a form of employment, where Daryl works and is paid.