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
daser333 [38]
2 years ago
9

What is used to calculate the cost of living index

Business
1 answer:
Elanso [62]2 years ago
7 0

Explanation:

A cost-of-living index is a theoretical price index that measures relative cost of living over time or regions. It is an index that measures differences in the price of goods and services, and allows for substitutions with other items as prices vary.

You might be interested in
Sean, Pete, Tom, and Mark formed a partnership to start a water damage restoration business. Each partner has a 25% interest, an
-BARSIC- [3]

Answer:

Pete

Explanation:

In a partnership ( limited ) as seen in the question, The general partner has an unlimited liability to debt owed by the partnership to its creditors hence he will bear the highest proportion of the basis in partnership interest. which is $95,000

A general partner runs the partnership business by providing <em>services</em> that will keep the partnership going  ( i.e. runs the business on behalf of other limited partners )

6 0
3 years ago
uppose McKnight ​Corp.'s breakeven point is revenues of $ 1 comma 100 comma 000. Fixed costs are $ 660 comma 000. Requirements 1
ioda

Answer:

1. Compute the contribution margin percentage.

  • 40%

2. Compute the selling price if variable costs are ​$16 per unit.

  • $26.67

3. Suppose 65 comma 000 units are sold. Compute the margin of safety in units and dollars.

  • margin of safety in $ = $633,550
  • margin of safety in % = 36.55%

4. What does this tell you about the risk of McKnight making a​ loss? What are the most likely reasons for this risk to​ increase?

  • Since the contribution margin is relatively high, this means that the production costs are relatively low (compared to selling price). The associated risks may come from high leverage, e.g. machinery purchased on credit that results in high interest expense. For the most part, having a high contribution margin is generally very good, just ask Apple.

Explanation:

break even point is $ = $1,100,000 (= break even point units x selling price)

fixed costs = $660,000

contribution margin % = (total sales - total variable costs) / total sales

total variable costs = $1,100,000 - $660,000 = $440,000

contribution margin % =  ($1,100,000 - $660,000) / $1,100,000 = 40%

variable costs = $16 per unit

0.4 = (x - $16) / x

0.4x = x - $16

$16 = 0.6x

x = $26.67

65,000 x $26.67 = $1,733,550

margin of safety in $ = $1,733,550 - $1,100,000 = $633,550

margin of safety in % = $633,550 / $1,733,550 = 36.55%

4 0
3 years ago
What type of a goal is graduating from college in four years? (I forgot the attachment from last question)
Novosadov [1.4K]

Answer:

Long-term

Explanation:

8 0
3 years ago
Read 2 more answers
If you get equity funding for your business, what will you have to do?
cestrela7 [59]

Answer:

A pay back the investors with interest I believe

5 0
2 years ago
According to the diversification-for-stability argument, why should some nations impose protective tariffs and import quotas
Artyom0805 [142]

Their economies are highly specialized and depend on international trade for their income.

<h3>What is  income?</h3>

Income is the consumption and saving opportunity gained by an entity over a given time period, which is usually expressed in monetary terms. Income is difficult to define conceptually, and definitions vary across fields.

Income is defined as the amount of money received by a person, group, or company over a specific time period. A salary of $70,000 per year is an example of income.

Income is money received by an individual or business in exchange for labor, the production of a good or service, or the investment of capital. Individuals typically earn money through wages or salaries, whereas businesses make money by selling goods or services for more than their cost of production.

To know more about  income follow the link:

brainly.com/question/25895372

#SPJ4

5 0
1 year ago
Other questions:
  • Cory Bash has been a private company for all of its business life. The owners long to expand their vision around the world, but
    5·1 answer
  • Jerry lives in New Mexico and makes $52,000 a year. If the median annual income in New Mexico is $53,731 and the median annual i
    8·2 answers
  • If 25 consecutive tosses of a fair coin have all been heads, some individuals tend to think that the next one "must be heads." T
    14·1 answer
  • The degree of agreement among several measurements of the same quantity is called ________________. It reflects the reproducibil
    6·1 answer
  • At the Sol Wave House hotel, located on the beautiful island of Majorca, Spain, a Twitter concierge stays in constant contact wi
    13·1 answer
  • Which of the following was the result on appeal in the Case Opener involving the alleged breach of an oral contract based on the
    11·1 answer
  • Assume that the inflation rate becomes much lower in the United Kingdom relative to the United States. This will place ____ pres
    14·1 answer
  • Why are credit card companies more willing to offer a young person a secure
    12·1 answer
  • What career cluster do you get to design build and destroy thing
    8·2 answers
  • which type of grant is often used by the national government to indirectly promote business development?
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!