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
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

You might be interested in
Stocks for which any missed dividend payments must be paid in the future to the preferred shareholders before the common shareho
Murljashka [212]

Answer:

Preferred stocks

Explanation:

Preferred stocks are those that must be paid dividends first than common stock. The same thing happens in case of bankruptcy: preffered stock holders get paid first than common stock holders, although both are paid after bondholders.

The downside of preferred stocks is that they do not transfer control in the company. While common stock owners have the right to vote in company matters, preferred stock owners do not have that right.

5 0
3 years ago
If NASA were developing a new type of spacecraft and an individual requested the plans through the Freedom of information Act, o
viktelen [127]

Answer:

Documents and records exempted from public disclosure via a valid Executive Order that promotes national security or good foreign policy

Explanation:

7 0
3 years ago
On October 1, 2018, Northern Inc. purchased a patent for $204,000 cash. Although the patent gives legal protection for 20 years,
baherus [9]

Answer:

$183,600

Explanation:

Since the expected useful life of the patent is only 10 years, instead of 20 years, its cost should be amortized in 10 years. That means that for every year that passes, Northern has to amortize $20,400 (= $204,000 / 10). Only one year passed between September 30, 2019 and October 1, 2018, so the patent's account on the balance sheet is $183,600 (= $204,000 - $20,400).

6 0
3 years ago
Here's 100 pts up for grabs!!!!
Triss [41]

all we have to do is answer and we get that many points that's cool

8 0
3 years ago
Read 2 more answers
A contract that combines a good with a service is considered what kind of sale?
kykrilka [37]

A contract that combines a good with a service is considered Mixed Sale

<h3>What is Mixed Sale?</h3>

A foundational business model known as the "marketing mix" has historically focused on the four Ps of product, price, place, and promotion. The phrase "collection of marketing instruments that the firm utilizes to pursue its marketing objectives in the target market" refers to the marketing mix.

Early in the twenty-first century, marketing theory first appeared. The modern marketing mix was initially published in 1984 and has since evolved into the framework for all marketing management choices. An extended marketing mix is utilized in the services industry; it often consists of 7 Ps, which are made up of the basic 4 Ps plus process, people, and physical evidence. Occasionally, service marketers will use the term "8 Ps," which refers to these 7 Ps plus performance and includes "product, pricing, place, promotion, people, positioning, packaging."

To learn more about Mixed Sale from the given link:

brainly.com/question/25860138

#SPJ4

4 0
2 years ago
Other questions:
  • FARO Technologies, whose products include portable 3 D measurement equipment, recently had 17 million shares outstanding trading
    15·1 answer
  • The manager of Viking Sports finds that the price elasticity of baseball bats is −0.77. He wants to hold a sale to get rid of hi
    8·1 answer
  • Suppose the total number of minutes provided exceeds the total number of minutes estimated and that the total dollar cost of the
    11·1 answer
  • The Martinez Legal Firm (MLF) recently acquired a smaller competitor, Miller and Associates, which specializes in issues not pre
    7·1 answer
  • Tina and Bob formed the TB Partnership four years ago. Because they decided the company needed some expertise in multimedia pres
    7·1 answer
  • Explanation of own capital
    15·1 answer
  • Concentration ratios measure the Group of answer choices geographic location of the largest corporations in each industry. degre
    5·1 answer
  • Suppose that the U.S. government decides to charge beer producers a tax. Before the tax, 40 billion cases of beer were sold ever
    12·1 answer
  • Research ________ are specific, measurable goals the decision maker seeks to achieve in conducting the marketing research
    6·1 answer
  • Bank a has total deposits of $125 million and total reserves of $26 million. the required reserve ratio is 15 percent. the bank
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!