Answer:
Jennifer earned more than her mother
Explanation:
Consumer Price Index (CPI) measures changes in the weighted average prices of a basket of consumer goods and services. It is calculated by taking price changes for each item in the basket of goods and services and then calculating the average. CPI can be used to index the effect of inflation in the real value of wages, salaries, and pensions; to regulate prices; and to deflate monetary magnitudes.
Given:
- Jennifer earns $55000 at her first job today.
- Jennifer mom used to make $15,000 at her first job in 1975.
- Today CPI is 231
- CPI in 1975 was 82
($15000/82) × 231 = $42256
($55000/231) × 82 = $19524
Jennifer earned more than her mother
Answer:
The amount of depreciation expense for the year is $400
Explanation:
The amount of depreciation expense for the year using the Straight Line Method (SLM) as:
Depreciation expense = Asset cost - Salvage value / Number of years of useful life × Portion of year that will be expensed
where
Assets cost is $10,000
Salvage value is $2,000
Number of years of useful life is 5 years
Portion of year that will be expensed is 3 months / 12 (For 3 months from October to December)
Putting the values above:
Depreciation expense = $10,000 - $2,000 / 5 × 3/12
= $8,000 / 5 × 3/12
= $1,600 × 3/12
= $400
Therefore, the amount of depreciation expense for the year using the Straight Line Method (SLM) amounts to $400
Answer:
TRUE
Explanation:
Strategic planning is an essential tool for any company, regardless of its size or area of activity, through it the company identifies what its objectives and goals are for a period of time and develops action plans to achieve them. Through strategic planning, the company also seeks to identify its mission, vision, values, policies and procedures that will assist it in reaching its goals.
To be effective, it must be aligned with the organizational identity, be properly implemented and monitored.
Answer: A chain conspiracy
Explanation:
A chain conspiracy is one of the type of agreement between two and more than two person with some legal act and a chain conspiracy is one of the law based theory in which the different types of requirements and the procedures are followed based on the given situation.
According to the given question, a chain conspiracy is one of the business method in which the different types of participants are unaware about the other end-clients's information but handling the similar type of commodity in an organization such as:
- The manufacturing process
- The distribution process
- Sale department
- Customers help department
Therefore, Chain conspiracy is the correct answer.
Networking is the process where people is trying to help business and others with similar goals by trading information including contacts and referrals.
Business networking is one way of expanding business and trying to find more members to join their business.