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Talja [164]
2 years ago
8

Imagine that you calculate the inflation rate of some economy using the CPI. You get that inflation in 2008 was 22.4%, in 2009 w

as 12.5% and in 2010 was 3.9%. For your method you used 2010 as the base year, but your friend (who is a mathematical genius) tells you that your calculations would be more accurate if you used as base year 2008. What will be true about these new calculations?
Business
1 answer:
Free_Kalibri [48]2 years ago
3 0

Answer:

The calculation will be more accurate, because the base year is the oldest.

CPI is calculated as

(P_n / P_base - 1)*100

as:

P_n prices at time n

The mathematical reason why it is better to take the oldest year is that % growth works better

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For the past year, Momsen, Ltd., had sales of $46,967, interest expense of $4,088, cost of goods sold of $17,184, selling and ad
Tatiana [17]

Answer:

The Net Income is $4416.1

Explanation:

The net income is calculated as follows,

Sales                            $46967

Less:Cost of sales       <u> (17184)</u>

Gross Profit                   29783

<u>Less:Expenses</u>

Selling & Admin exp     (12051)

Depreciation exp           (6850)

Interest exp                  <u> (4088)  </u>

Net income before ta     6794

tax expense                 <u>(2377.9)</u>

Net Income                   <u>4416.1</u>

4 0
2 years ago
According to the midpoint method, the price elasticity of demand for tomatoes between point x and point y is approximately , whi
Mashutka [201]
According to the midpoint method, the price elasticity of demand for tomatoes between point X and point Y is approximately (1.8 or 0.56 or 0.09 or 0.05) , which suggests that the demand for tomatoes is (elastic or 
4 0
2 years ago
identify three challenges BRICKS CONSTRUCTION may encounter when trying to implement their corporate social investment plan in t
galina1969 [7]
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3 0
1 year ago
Beth saves $2,500 a year from age 25 until age 34 (inclusive) and invests the money in an account earning ten percent annually.
agasfer [191]

Answer:

False

Bill will have less than Beth

Explanation:

let us compare the amounts accumulated by the two individuals at age 65 to see which is more.

Money accumulated by Bill at age 65:

Since bill saves $2500 a year for 30 years,  amount saved at the end of 30 years = 2500 X 30 = $75000.

Money accumulated by Beth at age 65:

Beth saves $2,500 a year from age 25 until age 34: Amount saved = 2500 X 9 = $22500

Invests the money in an account earning ten percent annually for 31 years.

Assuming it was at a simple interest rate,

The interest at the end of the 31st year will be:

Interest = \frac{P\times R\times Time}{100}= \frac{22500\times 10\times 31}{100}= 69,750

Therefore total amount at age 65 = $22, 500 + 69750 = $92,250.

∴ This shows that Bill will have less money than Beth. Primarily due to the fact that he started investing at a lot later time than Beth.

7 0
1 year ago
Read 2 more answers
Daniel Kipper is a produce farmer in northern California. His major customers are grocery stores in the Midwest. Daniel's produc
Scrat [10]

Answer:

The correct answer is A. Trucks.

Explanation:

To think about transport is to think of trucks. Ground transportation is omnipresent in our lives and roads and trucks are its backbone. But ground transportation has many different forms, which translates into very different types of vehicles. Depending on the type of merchandise to be transported, the dimensions or structure of the vehicle, we must choose the one that best suits our needs.

In land transport, the shape and equipment of trucks make them more appropriate for some types of shipments or materials.

Canvas truck (or tauliner) : This type of trailer is the most common and its semi-trailer is covered by the sides and above with tarps, which can be removed. This allows you to be very comfortable for loading and unloading and can be adapted to a large number of materials, as well as being suitable for transporting products that are difficult to load.

Open platform : In this case the platform where the load goes is open (although it may be partially covered by the sides depending on the merchandise and the possibility that it moves). Although it also offers many options, it is usually used for heavy goods, construction, etc.

Refrigerators : As the name implies, refrigerators are the trucks in charge of transporting the merchandise to be transported refrigerated by land. Depending on whether they have cold generation systems or only insulation with the outside they can be refrigerators, refrigerated or isothermal. Food is the most common customer of this type of vehicles.

Although they are less frequent, there are also calorific trucks to keep the temperature above a certain number of degrees.

Tank : Very common ADR merchandise, tanks are used to transport liquid, gaseous and chemical products, which have particular safety requirements.

Closed : closed trucks, as opposed to tarpaulins, have a rigid structure in the cargo compartment. This means that they can only be loaded from the rear, while the canvas ones can also be loaded from the sides. They are vehicles commonly used for urban delivery and parcel delivery, although there are also closed box trailers.

Car holder : These trucks are specifically designed for land car transport. There are two models of car carriers: the open, which is the most common, and the closed. The latter does not allow vehicles to be seen from outside and is sometimes used to transport the most expensive cars.

Cage Truck : Cage trucks are used to transport live animals. To do this, they have part of the sides or roof open so that air reaches the animals and there is sufficient ventilation.

Containers : The containers are watertight cargo structures, which allows them to protect the merchandise from the weather. They are used for multimodal transport and to facilitate loading and unloading of container ships.

The infinity of materials to transport makes the variety of trucks continue and is very long: hopper (often used for earthmoving), stakes (log transport, among others), concrete mixer, armored (money movements), vehicles special for heavy machinery and a long etcetera.

5 0
2 years ago
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