The change in the Consumer Price Index shows that the inflation rate for that one-year period is 20%.
<h3>What is the inflation rate?</h3>
This can be found by the formula:
= (New CPI - Old CPI) / Old CPI x 100%
Solving gives:
= (240 - 200) / 200 x 100%
= 40 / 200 x 100%
= 20%
In conclusion, inflation is 20%.
Find out more on the consumer price index at brainly.com/question/1889164.
Answer:
0.3852
Explanation:
The herfindahl-hirschman index (hhi) is found by adding the sum of squared concentration ratios
HHI = (0.49^2) + (0.35^2) + (0.15^2) + (0.01^2)
0.2401 + 0.1225 + 0.0225 + 0.0001 = 0.3852
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Answer:
Locations and businesses
Explanation: just took the test
Answer:
Management is obligated to monitor new external developments, evaluate the company's progress, and make corrective adjustments in order to make decisions as to whether to alter or continue the strategic vision of the organization, strategy, objectives or execution methods.
Explanation:
Answer: <em>Amount of budgeted income tax expense = $10,668</em>
Explanation:
Given:
Sales = $118,800
COGS = $48,500
Depreciation expense = $1,500
Interest expense = $250
Other expenses = $41,880
We'll compute the amount of budgeted income tax expense using the following formula:
Amount of budgeted income tax expense = 40% of (Sales - COGS - Depreciation expense - Interest expense - Other expenses)
= $118,800 - $48,500 - $1,500 - $250 - $41,880
= 40% x $26,670
= $10,668