What are the statements to the question?
The correct answer is option c)
Rules protecting private property are some of the most important rules in a free market system, because people need to own resources or assets in order to make free choices.
Answer:
What was the net cash flow from operating activity? $959
Explanation:
Net Income 911
Addition to cash
Depreciation 47
958
Operation activities
Account Payable 15 Increase
Account receivables -28 Increase
Inventory 14 Decrease
Cash flow from
operating activities 959
Answer:
b. 116
Explanation:
The calculation of Consumer Price Index is shown below:-
CPI = ((Base year basket quantities × current year price) ÷ (Base year basket quantities × Base year prices)) × 100
= ((50 × $1.50) + (100 × $1.10)) ÷ ((50 × $1.20) + (100 × $1.00)) × 100
= (185 ÷ 160) × 100
= 115.6
0r 116
So, for computing the consumer price index for 2018 we simply applied the above formula.
