Answer:
5,589,000
Step-by-step explanation:
5.589 x 1,000,000=
5,589,000
Answer:
Paasche's Index= 168.63= 169
Step-by-step explanation:
<em><u>Products</u></em>
<em><u>Base-Period Current Period</u></em>
Quantities Mean Shipping Quantities Mean Shipping
(Year 1) Cost per Unit ($) (Year 5) Cost per Unit ($)
A 1,500 10.50 4000 15.90
B 5,000 16.25 3000 33.00
C 6,500 12.20 8000 18.40
D 2,500 20.00 3000 35.50
Paasche's Index= ∑ pn.qn/∑po.qn* 100
Where pn is the price of the current year and qn is the quantity of the current year and po. is the price of the base year and qo. is the quantity of the base year.
Paasche's Index is the percentage ratio of the aggregate of given period prices weighted by the quantities sold or consumed in the given period to the aggregate of the base period prices weighted by the given period quantities.
Multiplying the current year prices with the current year quantities and the base year price with the current year quantities we get.
Product pn.qn po.qn
A 15.90* 4000 10.50* 4000
= 63600 =42000
B 33.00*3000 16.25 * 3000
= 99000 = 48750
C 18.40* 8000 12.20 *8000
=147200 =97600
D 35.50* 3000 20.00*3000
<u> =</u><u>106500 60,000 </u><u> </u>
<u>∑ 416300 248350 </u>
<u />
Paasche's Index= ∑ pn.qn/∑po.qn= <u> </u>416300/ 248350 *100 = 1.676=1.68= 168.63= 169
<u />
Answer:
- The store sold 733 gallons of ice cream last month.
- The store sold 748 pounds of broccoli last month.
Step-by-step explanation:
Given
Solving (a): Gallons of Ice Cream
<em>Let Gallons sold last month be G1; Gallons sold this month be G2;</em>
The relationship between both is:
Substitute 623 for G2
Divide through by 0.85
Solving (b): Pounds of Broccoli
<em>Let Pounds sold last month be P1; Pounds sold this month be P2;</em>
The relationship between both is:
Substitute 912 for P2
Divide through by 1.22
Just divide 2pie on both sides so your equation would be C/2pie=r
Answer: A commercial bank.
if i could get brainliest that would be great
Step-by-step explanation:
Commercial banks are financial institutions whose functions, among many, are: offering banking services to individuals, groups and companies, to make profit. One of the roles performed by these types of financial institutions is to credit loans to individuals, small businesses, and other groups, and as such, they are the first line to which a small business, such as the one controlled by Glenn and Maggie, would go to, to request a loan to be able to open up their other branches. This bank would give them the loan and allow them to make profit, without having any ties to the banking institution, just as long as they return the investment given to them.
