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3 years ago

Immmm boooredddd talkkk anyoneeee

Business

2 answers:

Bumek [7]3 years ago

7 0

Answer:

can you tell me how to get bumps in my lower eye

Vlad1618 [11]3 years ago

6 0

Answer:

me ...hi

Explanation:

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Assume the market basket contains 20X, 30Y, and 50Z. The current-year prices for goods X, Y, and Z are $2, $6, and $10, respecti

Aneli [31]

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 = $\frac{\textup{Cost of market basket at current year prices}}{\textup{Cost of market basket at base year prices}}\times100$

CPI for the current year = $\frac{\$720}{\$360}\times100$

CPI for the current year = 200

8 0

4 years ago

Chuck offers $240,000 for a house. The seller turns down the offer but says she will sell the house for $260,000. However, Chuck

qaws [65]

Answer:

Chuck must be less than $260,000

Explanation:

The economic decision rule is: Do it if that marginal benefit exceeds the marginal cost and Since Chuck was unwilling to purchase the house at $260,000, we can deduce that the marginal benefit of purchasing the house must be less than $260,000 due to the fact that the seller turns down the offer but says she will sell the house for $260,000.

6 0

3 years ago

What are closing costs?

I am Lyosha [343]

Answer:

fees paid at the end of a real estate transaction.

4 0

4 years ago

Mention any five essential elements required for insurance contract

tatyana61 [14]

Answer:

These elements are definable risk, a fortuitous event, an insurable interest, risk shifting and risk distribution. in addition, there is a very important legal difference between a reserve and an insurance company.

4 0

3 years ago

Capri Company began the current period with a $20,000 credit balance in the K. Capri, Capital account. At the end of the period,

Triss [41]

Answer:

1. $26,400

2. $34,400

Explanation:

The closing entry for the following accounts are shown below:

1. Service fees earned A/c Dr $70,000

Interest revenue A/c Dr $7,000

To Income Summary $ 77,000

(Being revenue account closed)

2. Income summary A/c Dr $50,600

To Depreciation Expense $8,000

To Salaries Expense $38,000

To Utilities Expense $4,600

(Being expenses accounts are closed)

3. Income summary A/c Dr $26,400 ($77,000 - $50,600)

To K. Capri, Capital A/c $26,400

(Being the difference is credited to the capital account)

4. K.Capri capital $12,000

K.Capri withdrawals $12,000

(Being K.Capri withdrawals account is recorded)

Now the balance in the income summary is shown above i.e $26,400

And, the balance of the K. Capri, Capital account would be

= Credit balance + net income - withdrawals

= $20,000 + $26,400 - $12,000

= $34,400

5 0

3 years ago