The people who live on Shangri-La Island consume only rice and fish. Last year, which was the reference base year, the price of rice was $ a pound, the price of fish was $ a pound, and the average urban household spent $ on rice and $ on fish. This year, the price of rice is $ a pound and the price of fish is $ a pound. What is the CPI in the current year?
Answers
The CPI in the current year is 226.9.
The consumer price index measures how the cost of a basket of goods in a given economy has changed over a given period of time. Changes in the cost of the basket of good occurs as a result of inflation.
CPI = (cost of basket of goods in current period / cost of basket of goods in base period) x 100
The basket of goods for the people of Shangri-La Island are fish and rice. The cost of a basket of good = average amount spent on fish + average amount spent on rice
Cost of basket of goods last year = $20 + 6 = $26
Cost of basket of goods this year = (price of fish this year x quantity of fish bought) + (price of rice this year x quantity of rice bought)
($7 x 2) + ($9 x 5) = $59
CPI in the current year = ($59 / $26) x 100 = 226.9
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Related Questions
There are four steps in solving one's personal financial challenges:
1. considering opportunity costs
2. assessing risks and returns
3. setting short- and long-term goals
4. assessing needs and wants
Which of these is the correct order of these steps?
2, 1, 3, 4
1, 2, 3, 4
4, 1, 2, 3
4, 2, 3,1
Answers
There are four steps in solving one’s personal financial challenges:
1. considering opportunity costs
2. assessing risks and returns
3. setting short- and long-term goals
4. Assessing needs and wants.
3 reasons for pricing a product
Answers
Answer:
The three reasons for pricing a product are:
Achieving market share.Investments.Supply.STATE THE MODULES THAT ARE INCLUDED WHEN LEARNING ECONOMICS.
Answers
Answer:
Economics is a social science concerned with the production, distribution, and consumption of goods and services. It studies how individuals, businesses, governments, and nations make choices about how to allocate resources. ... The building blocks of economics are the studies of labor and trade.
Siobhan's boss asked her to take over a project with several problems. What is the first step Siobhan should take in tackling the problems?
Answers
Answer:: evaluate the impact of the problemm & clssified them
Explanation:
plz mark brainly
the initial action Siobhan ought to take in resolving the issues Determine the impact of the issue and classify them.
What is meant by Problem solving?Being a common component of most activities, problem solving is the process of reaching a goal by overcoming barriers. From personal difficulties (such how to turn on an appliance) to complicated problems in the commercial and technical industries are all problems that require solutions.
The former is a simple problem solving (SPS) example that only addresses one issue, whereas the latter is a complicated problem solving (CPS) example that must solve many interconnected hurdles. Undefined problems, in which the existing state is problematic but it is unclear what kind of resolution to aim for, are divided from well-defined difficulties,
which have obvious obstacles and goals. Similar distinctions can be made between formal, fact-based challenges requiring psychometric intelligence and socio-emotional Problem solving that depend on people's or groups' fluctuating emotions.
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In 2021, Ava, an employee, who files single, has AGI of $51,900 and incurred the following miscellaneous itemized deductions this year: Union dues and work uniforms: $1,080 Home office expenses: $3,240 Unreimbursed employee expenses: $1,512 Gambling losses to the extent of gambling winnings: $1,400. What is Ava's total itemized deduction related to these items
Answers
Ava's total itemized deduction related to these items is $6,194.
Total Itemized Deduction:
Home office expenses: $3,240
Union dues and work uniforms $1,080
Unreimbursed employee expenses $1,512
Less: 2%of AGI ($51,900×2%) ($1,038)
$4,794
Gambling losses to the extent of gambling winnings $1,400
Total Itemized Deduction $6,194
($4,794+$1,400)
Inconclusion the total itemized deduction related to these items is $6,194.
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Concord sells softball equipment. On November 14, they shipped $ 3070 worth of softball uniforms to Palos Middle School, terms 2/10, n/30. On November 21, they received an order from Tinley High School for $ 1630 worth of custom printed bats to be produced in December. On November 30, Palos Middle School returned $ 320 of defective merchandise. Concord has received no payments from either school as of month end. What amount will be recognized as net accounts receivable on the balance sheet as of November 30
Answers
The amount to be recognized as net accounts receivable on the balance sheet as of November 30 is $2,750.
2/10, n/30 means that the buyer will eligible to take 2% Discount if he pays the invoice within 10 days and if buyer does not pay the amount within 10 days, then, the net amount is due within 30 days after sales invoice date.
Also, Lifetime receives orders from Tinley High School for $1,200 worth of custom. Therefore, nothing is sold and nothing is advance.
Therefore, Lifetime records will be recognized as Net accounts receivable on the balance sheet as of November:
= Sales - Sales Return
= $3,070 - $320
= $2,750
Therefore, the amount to be recognized as net accounts receivable on the balance sheet as of November 30 is $2,750.
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When a serious customer injury occurs due to product contamination, you need to make contact with your DL and QA within
Answers
Serious injuries due to product contamination need to be reported within a day or 24 hours to DL and QA
Product contamination occurs as a product is in contact with a chemical, bacteria, fungi, etc., or any other substance that is not part of the regular composition of the product.
Product contamination is a serious issue that can lead to disease, accidents, and even death. Due to this, if product contamination occurs and this causes an injury this needs to be reported as soon as possible, usually within 24 hours.
This is important because the company that produces the product can:
Provide a solution or compensation to victims.Find the cause of contamination.Prevent serious injuries in other users.Moreover, this should be reported to areas such as Quality Assurance (QA) that verify the quality of products.
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Sylvia is a budget analyst for the state of Kentucky. her job is to look over the state government's spending and suggest and suggest ways to save on government funds. What education might have been appropriate for Sylvia to qualify for this position
Answers
There is various education that might have been appropriate for Sylvia to qualify for this position. One of the education includes Bachelor's Degree in Public Administration.
Other education that might have been appropriate for Sylvia to qualify for this position includes the following:
Minimum of Bachelor's Degree in Business, Finance, Accounting, Economics, Actuarial Science, Statistics, Applied Mathematics, etc.
This is because the ability to prepare budget analysis would require Sylvia to possess numeracy and analytical skills at a degree level.
Regardless of the degree, he must hold, Sylvia is expected to have passed coursework in accounting, economics, statistics, etc.
Hence, in this case, it is concluded that Sylvia must have studied business and finance-related courses.
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Answer:
bachelor’s degree in accounting
Answers to the whole thing (edmentum)
1. reggie = therapist services
2. paul = c
3. benji = d
4. tara = c
5. abe = a
6. benji = a
7. carlos = b
8. two carpenters = c
9. sam = c
10. liz = b
11. sharron = a
12. latasha = a
13. hugh = b
14. kenneth = a
15. jaylene = b
16. sean = b
17. even though = true
18. tasha = b
theres more so try your best:))
Why is it important to know that it will take 4-6 business days to process your payment request?
Answers
The process of Automated Clearing House make it take up to 4 to 6 business days to process payment request.
The payment request is a process initiated by the someone who want to send money and it is majorly based on website platform such as P.aypal, P.ayoneer etc.
Usually, when a payment request is initiated, a process called Automated Clearing House (ACH) is used by those plaform to help transfer money to respective account of receivers.
However, the Automated Clearing House process can take up to 3, 4, or 5 business days before the account will be credited even after the sender account have been debited.
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Information related to Pagnucci Co. is presented below.
1. On April 5, purchased merchandise from Mockingbird Company for $20,000 terms 2/10, net/30, FOB shipping point.
2. On April 6 paid freight costs of $500 on merchandise purchased from Mockingbird.
3. On April 7, purchased equipment on account for $29,000.
4. On April 8, returned damaged merchandise to Mockingbird Company and was granted a $3,000 credit for returned merchandise.
5. On April 15 paid the amount due to Mockingbird Company in full.
(a) Prepare the journal entries to record these transactions on the books of Pagnucci Co. under a perpetual inventory system.
(b) On April 20, Pagnucci sold 60% of the goods purchased from Mockingbird. What amount would they record as cost of goods sold?
(c) How would the April 6 entry be different if the $500 was paid to ship goods to a customer (rather than for shipping costs for goods purchased)?
(d) Assume that Pagnucci Co. paid the balance due to Mockingbird Company on May 4 instead of April 15. Prepare the journal entry to record this payment.
Answers
a) Journal Entries on the books of Pagnacci Co. are as follows:
April 5 Debit Inventory $20,000
Credit Accounts Payable (Mockingbird Company) $20,000
To record the purchase of goods on account, terms 2/10, net/30, FOB shipping point.
April 6 Debit Freight-in $500
Credit Cash $500
To record the payment of freight
April 7 Debit Equipment $29,000
Credit Accounts Payable $29,000
To record the purchase of equipment on account.
April 8 Debit Accounts Payable (Mockingbird Company) $3,000
Credit Inventory $3,000
To record the return of goods for credit.
April 15 Debit Accounts Payable (Mockingbird Company) $17,000
Credit Cash $16,660
Credit Cash Discount $340
To record the payment on account in full, including discounts.
b) The cost of goods sold is $10,500 ($17,500 x 60%).
c) The difference is that the $500 will not be included in the cost of of the inventory purchase. Instead, it will be treated as a selling expense (freight-out).
d) The Journal Entry to record the payment on May 4 instead of April 15 is as follows:
May 4 Debit Accounts Payable (Mockingbird Company) $17,000
Credit Cash $17,000
To record the payment on account in full.
Data Analysis:
April 5 Inventory $20,000 Accounts Payable (Mockingbird Company) $20,000 terms 2/10, net/30, FOB shipping point.
April 6 Freight-in $500 Cash $500
April 7 Equipment $29,000 Accounts Payable $29,000
April 8 Accounts Payable (Mockingbird Company) $3,000 Inventory $3,000
April 15 Accounts Payable (Mockingbird Company) $17,000 Cash $16,660 Cash Discount $340
Cost of goods available for sale:
Inventory purchase = $20,000
Freight-in 500
Inventory return = (3,000)
Cost of goods available $17,500
Cost of goods sold (60%) $10,500
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Nick and Matt are the partners in a local health food store. They
needed $73,000 to start the business. They invested in the ratio 3:7
a. How much money did each invest?
b. What percent of the business was owned by Matt? Round to the
nearest tenth of a percent
Answers
a. The amount that each invested is: Nick $21,900; Matt $51,100.
b. Percent of the business owned by Matt is 70%.
a. Amount invested by each
First step is to calculate the total parts
Total parts=3x + 7x
Total parts=10x
Second step is to calculate the cost per part(x)
Cost per part(x)=73,000/10
Cost per part(x)=7,300
Third step is to calculate the money invested by Nick and Matt
Money invested by Nick=3x
Money invested by Nick=3×7,300
Money invested by Nick=$21,900
Money invested by Matt=7x
Money invested by Matt=7×7,300
Money invested by Matt=$51,100
b. Percent owned by Matt
Using this formula
Percent owned by Matt =Part owned by matt/Total part
Let plug in the formula
Percent owned by Matt =7x/(3x+7x)
Percent owned by Matt=7x/10x
Percent owned by Matt=0.7×100
Percent owned by Matt =70%
Inconclusion the amount that each invested is Nick $21,900; Matt $51,100 and the percent of the business owned by Matt is 70%.
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Em relação as Fontes de Financiamento, analise as seguintes afirmações:
I - As disponibilidades de recursos são peça-chave na análise de liquidez, ou de solvência de negócios de grande porte.
II - Cabe ao gestor financeiro, a responsabilidade de sempre procurar manter a empresa sólida financeiramente e líquida o suficiente face aos enormes desafios que as economias modernas exigem.
III - Muitas vezes, a liquidez exigirá da Alta Administração que a empresa lance mão de fontes de financiamento de forma a financiar a sua atividade por meio de capital próprio.
É correto o que se afirma em:
a.
II, apenas.
b.
II e III, apenas.
c.
III, apenas.
d.
I e II, apenas.
e.
I, apenas.
Answers
Answer:
A resposta é b) II E III APENAS
Explanation:
in hypothesis testing, a type 2 error occurs whaen
Answers
A type I error (false-positive) occurs if an investigator rejects a null hypothesis that is actually true in the population; a type II error (false-negative) occurs if the investigator fails to reject a null hypothesis that is actually false in the population.
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A group of investors was polled each week for the last five weeks about whether they were bullish or bearish concerning the market. Construct the market sentiment index for each week based on these polls. (Do not round intermediate calculations. Round your answers to 4 decimal places.) Week Bulls Bears 1 58 63 2 53 68 3 47 74 4 50 71 5 43 78
Answers
The market sentiment index [MSI] for each week will be 0.5207, 0.5620, 0.6116, 0.5868, and 0.6446
Week 1
Bulls (a) = 58
Bears (b) = 63
c = a + b = 121
MSI = b/c = 0.5207
Week 2
Bulls (a) = 53
Bears (b) = 68
c = a + b = 121
MSI = b/c = 0.5620
Week 3
Bulls (a) = 47
Bears (b) = 74
c = a + b = 121
MSI = b/c = 74/121 = 0.6116
Week 4
Bulls (a) = 50
Bulls (b) = 71
c = a + b = 121
MSI = b/c = 71/121 = 0.5868
Week 5
Bulls (a) = 43
Bears (b) = 78
c = a + b = 121
MSI = b/c = 78/121 = 0.6446
The market segment index measures the ratio that is between the average volume of the declining stocks and that of the advancing stocks.
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case study on sustaining customers
Answers
Answer:
http://fernfortuniversity.com/hbr/case-solutions/14933-sustaining-customer-centricity-at-.php
Explanation:
theres one there :/
You have been seconded to North (Pty) Ltd to assist with the preparation of the group financial statements. Their accountant has recently resigned and they are under pressure to have these finalised for the annual audit. North (Pty) Ltd acquired a 100% interest in South (Pty) Ltd on 1 January 2017 for R125 000. On 1 January 2017, the retained earnings of South (Pty) Ltd was R15 000.
The following Trial Balances, for the year-ended 31 December 2020, were prepared by the accountant prior to his departure.
All the plant of South (Pty) Ltd was purchased during the 2017 financial year.
The carrying amount of goodwill is considered to be equal to its recoverable amount.
Bank
Trial Balance at 31 December 2020
Retained earnings (year-end)
Share capital
(71,000) (45,000)
(200,000) (75,000)
Investment in South (Pty) Ltd
125,000 -
Property, plant and equipment
105,000 85,000
Inventory
38,000 25,000
Accounts receivable
27,000 20,000
25,000 15,000
Accounts payable
Sales
(39,000) (20,000)
(64,000) (55,000)
Dividend Income
(5,000) -
Cost of Sales
34,000 35,000
Operating Expenses
12,000 8,000
Taxation
3,000 2,000
Dividends
10,000 5,000
North (Pty) Ltd South (Pty) Ltd
00
Note: Comparatives are not required.
2
QUESTION 1 – REQUIRED
1.1
1.2
1.3
Prepare the consolidated Statement of Comprehensive Income for the year-ended 31 December 2020.
Presentation
Prepare the Statement of Changes in Equity for the year-ended 31 December 2020.
Presentation
Prepare the assets section only of the consolidated statement of financial position of North (Pty) Ltd and it subsidiary for the year- ended 31 December 2020.
Presentation
Sub- total
9 1
7 1
6
1
Marks Total
Answers
Answer:
41 9 1 7 1 6 _ 1 58+02-88=898
a negative in the pigmalion effect theory
Answers
Explanation:
Negative implications of the Pygmalion Effect: Unjustified expectations end up becoming real. ... Secondary teachers have lower expectations to colored students and students from poor and disadvantaged backgrounds.
Time Left:2:23:25
Nakya Norman: Attempt 1
Question 3 (2 points)
Payton recently purchased 100 shares of stock in Game Guys, Ine: Paytda is
an) ________ of this company.
A)
owner
e
OB) creditor
OC) manager
D)
partner
Answers
Answer: Of course the owner
_________ Refers procedures that connect to the work activities of the different work divisions or units of the firm in order to achieve its overall goal
Answers
Answer:
Organizing
Explanation:
Organizing involves coordinating and allocating a firm's resources so that the firm can carry out its plans and achieve its goals. This organizing, or structuring, process is accomplished by: Determining work activities and dividing up tasks (division of labor) Grouping jobs and employees (departmentalization
Kay is working with Charity to help Charity identify the type of career she wants and what steps to take to realize her goals. Kay and Charity are: A. in the development phase of career planning. B. working through an organizational assessment. C. conducting a self assessment of Charity. D. in the direction phase of career planning.
Answers
Answer:
I would say the answer is C. conducting a self assessment of Charity.
Explanation:
They're trying to determine what career Charity wants and the goals she might have in order to achieve it. So before they can make any real decisions, they need to assess Charity's character, and what she wants first.
Hope this makes sense. Also please let me know if I'm somehow wrong :)
a) Using the information in the table above, calculate the value of GDP for Sandy Island in 2019 (Show your calculation).
b)Calculate the value of net exports (Show your calculation).
Answers
a) Sandy Island's 2019 GDP is $1,200 billion.
b) The value of the net exports is -$200 billion ($300 - $500 billion).
Data and Calculations:
Personal Consumption Expenditure = $900 billions
Government Expenditure = $300 billion
Net Indirect Taxes = $350 billion
Investment Expenditure = $200 billion
Exports of goods and services = $300 billion
Imports of goods and services = $500 billion
Depreciation = $100 billion
In Economics, Sandy Island's 2019 GDP is defined by the following formula: GDP = C + I + G + NX
Where GDP = Gross Domestic Product
C = Personal Consumption Expenditures
I = Investment (business expenditures and home purchases by households)
G = Government Expenditure or Spending
NX = Exports - Imports
Thus, Sandy Island's 2019 GDP = $1,200 ($900 + $200 + $300 + $300 - $500) billion.
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One of the fine examples of frugal innovation is the the world’s cheapest car Tata Nano, for which Tata has most likely done __________ segmentation.
Answers
Answer:
What is market segmentation
Explanation:
One of the fine examples of frugal innovation is the the world’s cheapest car Tata Nano, for which Tata has most likely done market segmentation.
At its core, market segmentation is the practice of dividing your target market into approachable groups. Market segmentation creates subsets of a market based on demographics, needs, priorities, common interests, and other psychographic or behavioral criteria used to better understand the target audience.
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To remodel a restaurant, Two Brothers Pizza signs a 250-day note with proceeds of $63,159.72 and a maturity value of $68,000. Find the APR.
Answers
The annual percentage rate is 11.19%.
Annual percentage rate is the yearly interest generated on the loan granted to borrowers or paid to investors.
.
The formulae for APR is (Maturity Value / Net Proceed - 1) * (365 / Period of Note).,Given data
Net Proceed = $63,159.72
Maturity Value = $68,000
Period of Note = 250 days
APR = ($68,000 / $63,159.72 - 1) * (365 / 250)
APR = 0.076636 * 1.46
APR = 0.1119
APR = 11.19%
Therefore, the annual percentage rate is 11.19%.
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Based upon Booked Orders and Sales Predictions, we expect to need the following finished goods over the planning period: 140 Product A We currently have the following Finished Goods Products in Inventory: 80 Product A We have scheduled the following to be produced in the factory within the planning period: 30 Product A How many products should we include on future Planned Production Orders?
Answers
The amount of products that should be included on the future Planned Production Orders is 30 products.
Using this formula
Future Planned Production Orders (Product A)=Finished goods over the planning period- Finished Goods Products in Inventory-Expected production
Where:
Finished goods over the planning period=140 Product A
Finished Goods Products in Inventory=80 Product A
Production in the factory within the planning period=30 Product A
Let plug in then formula
Future Planned Production Orders (Product A)=140-80-30
Future Planned Production Orders (Product A)=30 products
Inconclusion the amount of products that should be included on the future Planned Production Orders is 30 products.
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Multiply 3.85% x $45,076 *
Answers
WHY 19/20? I think 19-20/(19+20)/2
Answers
Answer:
19-20÷(19+20)÷2=-1÷156
Explanation:
(19-20÷(19+20))÷2
(-1÷39)÷2
=-1÷156
time in line to buy groceries
Answers
WellWheats, Inc. produces breakfast cereal and sells each box, or unit, for $7. The company has forecast production for the next three months as follows: July 5,000 units, August 6,000 units, September 3,500 units. Monthly manufacturing overhead is budgeted to be $20,000 plus $5 per unit produced. What is budgeted manufacturing overhead for July
Answers
Based on the information the budgeted manufacturing overhead for July is $45,000.
WellWheats, Inc. Budgeted Manufacturing Overhead for the month of July
Monthly Manufacturing Overhead $20,000
Additional manufacturing costs $25,000
(5,000 units x $5 per unit produced)
Total Budgeted Manufacturing Overhead for July $45,000
($20,000+$45,000)
Inconclusion the budgeted manufacturing overhead for July is $45,000.
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Suppose you are the Hiring Director for a local computer software design firm. Your company has experienced significant growth over the last two quarters and as a result, your company will be hiring for 30 new positions in the next several months. The Vice President of Human Resources feels this is a perfect opportunity to incorporate unconscious bias training at your company as managers from several departments will be interviewing and hiring candidates for the new positions. Your company, unfortunately, suffers from a lack of diversity especially among the engineering, coding, and designing positions. She has asked you to conduct this training for the department managers in advance of any interviews being conducted.
As the hiring director, which of the following are effective in removing bias from the recruiting, interviewing, and hiring process?
A) Final hiring decisions can be made individually as long as the manager has followed a set of criteria in evaluating the candidate
B) Remind managers that their first or "gut" instinct is often the right choice
C) Final hiring decisions should be made by a hiring committee consisting of three or more department managers
D) Make department managers aware that unconscious bias exists
Answers
As a hiring director, it is effective to remove bias from the recruiting, interviewing, and hiring process by making department managers aware that an unconscious bias exists.
It is also effective to eliminate bias by having final decisions made by a hiring committee composed of three or more department managers.
Thus, the recruitment and selection process would be based on multiple views and not on the individual view of a single manager, which can reduce individual prejudices and thus increase diversity.
Awareness that bias exists is also the first step in identifying and solving the problem, providing specific training and guidance for more effective hiring.
A diverse work environment is essential for a company to be more innovative and creative, with professionals with different experiences and visions to enrich work processes and organizational culture.
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The swim lane approach to estimating the revenue generated by advertising in different media.. Group of answer choices ..is very effective for determining advertising ROI is very effictive when combined with the walk lane method. ..is prone to overestimating the contribution of specific media advertsing channels. ...is the future of the advertsing industry
Answers
Answer:
Explanation:is prone to overestimating the contribution of specific media advertsing channels. is very effictive when combined with the walk lane method.