The leased line is a type of WAN (Wide Area Network) connection is not shared with other users and has continuously available communications channels. Leased line is a dedicated private circuit or data line that interconnects two or more sites. It is provided in exchange for a monthly fee or rent. It is <span>a kind of private telecommunication line with fixed bandwidth (rate).</span>
Answer:
Luney Corporation is authorized to sell 100000 shares
luney has issued = 70000 shares
luney has shares outstanding 63000
Explanation:
given data
maximum shares of common stock = 100,000
sold shares = 70,000
reacquired = 7,000
solution
we know here 100000 shares are mention in charter of the company
so Luney Corporation is authorized to sell 100000 shares
and luney has issued = 70000 shares
so here
we know that
luney has shares outstanding = 70000 - 7000
luney has shares outstanding 63000
Answer:
CPI for the current year = 200
Explanation:
Given;
Contents in market basket
20X, 30Y, and 50Z
The current-year prices for goods
X = $2
Y = $6
Z = $10
The base-year prices are
X = $1
Y = $3
Z = $5
Now,
Total cost of market basket in the current year
= ∑ (Quantity × Price)
= 20 × $2 + 30 × $6 + 50 × $10
= $40 + $180 + $500
= $720
Total cost of market basket in the base year
= ∑ (Quantity × Price)
= 20 × $1 + 30 × $3 + 50 × $5
= $20 + $90 + $250
= $360
also,
CPI for the current year = ![\frac{\textup{Cost of market basket at current year prices}}{\textup{Cost of market basket at base year prices}}\times100](https://tex.z-dn.net/?f=%5Cfrac%7B%5Ctextup%7BCost%20of%20market%20basket%20at%20current%20year%20prices%7D%7D%7B%5Ctextup%7BCost%20of%20market%20basket%20at%20base%20year%20prices%7D%7D%5Ctimes100)
or
CPI for the current year = ![\frac{\$720}{\$360}\times100](https://tex.z-dn.net/?f=%5Cfrac%7B%5C%24720%7D%7B%5C%24360%7D%5Ctimes100)
or
CPI for the current year = 200