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3 years ago

A census helps the CPI in what way?

Business

1 answer:

Lapatulllka [165]3 years ago

6 0

Answer:

c. It shows the purchasing history of citizens by year.

Explanation:

CPI stands for Consumer Price Index. A census in CPI will provide the data about the changes in average price of customers goods and services that's bought by the households in a country.

A government can know the purchasing history of average citizens by examining the changes in these prices. (If the price increases, it usually indicates that more customers purchases that particular product.)

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assume that your parents wanted to have saved for college by your 18th birthday and they started saving on your first birthday.

wariber [46]

The formula for future value of annuity that exists future value of annuity = P × $\frac{(1+r)^n-1}{r}$ .

Save each year to reach their goal exists $2152.48

Save each year to reach their new goal exists $2869.97

<h3>What is meant by future value of annuity?</h3>

The worth of a series of recurrent payments at a specific future date, assuming a specific rate of return, or discount rate, is the future value of an annuity. The future value of the annuity increases with the discount rate.

Given: amount saved = 120,000

Rate of Interest earned = 12.0 %

time = 18th birthday

Where, annual savings = P

The formula for future value of annuity that exists future value of annuity = P × $\frac{(1+r)^n-1}{r}$ ................(1)

where r exists rate and n exists a time period

put her value

$ 120,000 = P × $$\frac{(1+0.12)^{18}-1}{0.12}$

= $ 2152.48

Save each year to reach their goal exists $ 2152.48 and for $ 160,000 on 18 th Birthday

we consider here annual savings = P

From (1),

Future value of annuity = P × $\frac{(1+r)^n-1}{r}$

$ 160,000 = P × $\frac{(1+0.12)^{18}-1}{0.12}$

P = $2869.97

Therefore, Save each year to reach their goal exists $2152.48

save each year to reach their new goal is $2869.97

To learn more about future value of annuity refer to:

brainly.com/question/27011316

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7 0

1 year ago

On July 15, 2021, Cottonwood Industries sold a patent and equipment to Roquemore Corporation for $750,000 and $325,000, respecti

cupoosta [38]

Answer:

Journal entry to record the Sale of Patent

Debit : Cash $750,000

Credit : Patent at Book Value $120,000

Credit : Profit and Loss $630,000

Journal entry to record the Sale of Equipment

Debit : Cash $325,000

Debit : Profit and loss $75,000

Debit : Accumulated depreciation $150,000

Credit : Equipment at Cost $550,000

Explanation:

During a sale transaction the entity recognizes 1. The Cash Proceeds resulting from the sale, 2. The Profit or loss resulting from the sale, 3.The entity derecognizes the Cost or Book Value of the Asset as well as the Accumulated depreciation.

A profit of $630,000 has been earned as a result of the sale of the Patent, whereas a loss of $75,000 has been incurred as a result of sale of Equipment.

8 0

3 years ago

Hawkins Inc. had pre-tax accounting income of $1,800,000 and a tax rate of 35% in 2017, its first year of operations. During 201

Butoxors [25]

Answer:

Hawkins Inc.

For 2017, the amount of income taxes payable for Hawkins Inc. is:

= $572,600.

Explanation:

a) Data and Calculations:

2017 tax rate = 35%

Pre-tax accounting income = $1,800,000

2018 Rent from Barrett Co. 64,000

Less:

Exempt Municipal bond income (80,000)

Tax Depreciation (in excess of

book depreciation) (40,000)

2018 Installment sales revenue (108,000)

Adjusted taxable income $1,636,000

Income tax (35%) 572,600 (35% of $1,636,000)

Tax expense (provision) 630,000 (35% of $1,800,000)

b) The difference between the income tax payable of $572,600 and the provision for income tax expense for the year of $630,000 is due to temporary differences and exempt Municipal bond income. The temporary differences are caused by the different timings of the recognition of revenue and expenses under the tax jurisdiction and the GAAP accounting.

5 0

2 years ago

Sanjay is the manager at a restaurant and offers to promote Linda, a waitress at the same restaurant, in return for sexual favor

Tresset [83]

Answer:quid pro quo harassment

Explanation:It is sexual and involves exchanges in a workplace.

3 0

3 years ago

A company has three divisions and three conference rooms for meetings. To keep track of the use of their facilities, for each me

AleksandrR [38]

Answer:

c) the lenght of time for the meeting

Explanation:

A quantitative variable is a variable that can be stated as numbers. According to this, the answer is that the variable that is quantitative is the lenght of time for the meeting.

The other options: the division holding the meeting and conference room for the meeting are variables that are not numerical and are known as qualitative variables.

4 0

3 years ago

Read 2 more answers