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Sloan [31]
3 years ago
11

Last year you paid $24 for a round of golf and $12 to rent a golf cart. This year it cost you $33 to golf and $15 to rent a cart

. Based on this simple basket of goods, calculate a price index for this year using last year as the base year. Round up to the nearest whole number.
Business
1 answer:
adelina 88 [10]3 years ago
8 0

Answer:

$133.33

Explanation:

In the above , the base price which is meant to the the last year price would be;

T = $24 + $12

T = $36

This year, the total cost, which is C

C = $33 + $15

C = $48

The consumer price index per the above question is calculated as;

Price index = (Current price / Base price period) × 100

Price index = (48 / 36) × 100

Price index = $133.33

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That’s a busy day lol. The person slept from 2-9am slept for 7hours. The 3:30-4 slept for 30minutes.
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A company purchases a remote site building for computer operations. The building will be suitable for operations after some expe
KIM [24]

Answer:

b) The cost of the building will include the cost of replacing the roof.

Explanation:

As for the information provided,

We know that the capital expenditure is capitalized and that the revenue expenditure is provided in income statement.

The capital expenditure is added in the cost of fixed assets and then depreciated as part of it.

The entire replacement of roof will be a huge part of consideration of building, and is capital in nature. Thus, it shall be part of cost of building.

Remaining all expenses are not capital in nature.

3 0
3 years ago
Logano Driving School’s 2017 balance sheet showed net fixed assets of $2.4 million, and the 2018 balance sheet showed net fixed
mamaluj [8]

Answer:

The answer is: $1,219,000

Explanation:

The formula used to calculate Logano Driving School's net capital spending for the year is:

net fixed assets 2018 - net fixed assets 2017 + depreciation expense 2018

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8 0
3 years ago
Kailey James Company is evaluating a capital expenditure proposal that requires an initial investment of $14,900, has predicted
marishachu [46]

Answer:

Year      Cashflow     [email protected]%      PV

                  $                                  $

0             (14,900)          1            (14,900)

1-12          4,000          5.6603    <u>22,640</u>

                                   NPV        <u> 7,740</u>

                                                                                                                                   

Explanation:

In this respect, we need to calculate the discount factor of annual cash  inflows for 12 years at 14 discount rate. For this purpose, present value annuity interest factor will be used since the cash inflows are constant. Then, we will multiply the annual cashflows  by the discount factor so as to obtain the present value of cash inflows. Then, we will deduct the initial outlay from the present value of cash inflows  in order to obtain the net present value of the proposal.  

4 0
3 years ago
True or false: most riders cannot tell the difference between low-risk behavior and high-risk behavior.
EleoNora [17]

The given statement that most riders cannot tell the difference between low-risk behavior and high-risk behavior is FALSE.

<h3>What is high-risk behavior.?</h3>

This refers to the type of behavior that a person engages in that could lead to severe consequences.

Hence, we can see that The given statement that most riders cannot tell the difference between low-risk behavior and high-risk behavior is FALSE and this is because they know when they put themselves in danger and when they are following protocols and guidelines about safety.

Read more about high-risk behavior here:

brainly.com/question/3711204

#SPJ1

4 0
2 years ago
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