The price of Acme Company's stock will likely RISE.
There is a limited number of stocks available and because the demand for the stock is high and rising, the company needs to increase its price. The increase is price will make it more valuable to potential buyers and it will serve as deterrent to those who can't afford to buy the stock at its high price.
In short: supply is low, demand is high, resulting to an increase in price.
Answer:
Benjamin put together a ad hoc committee
Explanation:
Answer:
Producer price index
Explanation:
Producer price index is used as an economic indicators which indicates the fluctuations in the price level in an economy. It is the leading indicator for the consumer price index.
Producer price index refers to the price index which measures the change in the average price received by the producers for their output over a specified period of time.
The producer price index doesn't takes into account the effect of indirect taxes but wholesale price index takes the effect of indirect taxes.
It is calculated as follows:
PPI = (Current prices received by sellers ÷ Base year prices) × 100
Answer:
The dollar variance is -$100.
The percent variance is -20%.
Since the actual income is less than the budgeted income, the variance is unfavorable (U).
We calculate Dollar Variance as : 
Next, we calculate percent variance as :
Plugging the values in we get,
Percent Variance = -20%
