The table below contains the price indexes for the macroeconomy for several years. 2010 - Base Year 2011 2012 2013 2014 Price Index |100 |105 130 |145 140 Calculate the inflation that took place in 2012
Q: 4. A couple wants to purchase a home in Texas. An average home in Texas in 2020 costs $213,036. The ...
A: House Mortgage Loan: The expression "mortgage" implies a credit loan used to purchase or keep a home...
Q: A contract calls for semiannual payments of P40,000 for the the next 10 years and an additional paym...
A: Present value is the current value of the future cash flows at given specified rate. It means what w...
Q: Wella Company reported a prepaid benefit cost of P 1,500,000 on January 1, 2016. The entity provided...
A: Defined benefit pension plan: A kind of pension plan where a certain amount of pension is reimbursed...
Q: Prepare a complete statement of cash flow using the indirect method for the current ye
A:
Q: Find the present worth of this cost.
A: An endowment fund is the fund set aside and invested, the earnings of which will be utilized for the...
Q: It pertains to a risk management technique when acquiring a life insurance. * risk avoidance risk r...
A: One of the risk management technique is Risk Transfer where one party transfer the risk to another. ...
Q: 10. Determine the rate of depreciation, the total depreciation up to the end of the 8th year and the...
A: Depreciation Expense - Depreciation Expense is the expense incurred because of usage, wear and tear,...
Q: Puffin Corporation makes a property distribution to its sole shareholder, Bonnie. The property distr...
A: A dividend is a payment made by a corporation to its stockholders. When a company makes a profit or ...
Q: Introduction and client background You are an audit senior in Riskam and Co and you are commencing...
A: Audit risk refers to the risk of misstatement identified during planning and willassist the auditor ...
Q: You are an audit senior in Riskam and Co and you are commencing the planning of the audit of CariBev...
A: Answer:- Audit risk definition:- Audit risks are those risks where, auditor sometimes not able to d...
Q: 1,200 units, 40% completed $47,800 From Department A, 26,000 units 845,000 Direct labor 312,000 Fact...
A: The cost of production report (CPR) is a document in use in process costing systems to summarise inf...
Q: Tammy is single and owns and operates ABC, LLC. Her LLC (a sole proprietorship) has QBI of $850,000 ...
A: According to the rule, the QBI is limited to below options whichever is lower: (A) 20% of QBI OR (B)...
Q: Assuming that sales and expenses will remain unchanged, an increase in the level of assets causes th...
A: Return on Investment = Net profit/ Investment in Assets
Q: Ayayai Company’s net income for 2020 is $52,900. The only potentially dilutive securities outstandin...
A: GIVEN Ayayai Company’s net income for 2020 is $52,900. The only potentially dilutive securities ...
Q: Prior to May 1, Fortune Company has never had any treasury stock transactions. A company repurchased...
A: Introduction:- Additional paid in capital means different between issue price and purchase price. Pu...
Q: A company produces a certain commodity. The labor and material cost for each item produced is P65. O...
A: Contribution margin per unit = P170 - P65 - P28 = P77
Q: L2-4 Awe Company pays CU500,000,000 for a 30% interest in Groy Company on July 1, 19x2 when the book...
A: Investor Company: The company who takes control in another company by acquiring proportionate share ...
Q: A SMSF acquired an investment property in the year 2000 and sold it for a total $300,000. What amoun...
A: SMSF termed as Self managed super funds which is a way for saving for the retirement purpose. And th...
Q: Ningning Company makes a white liquid substance that is used to cover errors made on printed documen...
A: Solution... Standard quantity = Actual output * standard quantity per unit = 900,000 units * ...
Q: rmer Company reports the following amounts on its statement of cash flow: Net cash provided by opera...
A: Ending Cash balance = Cash Flow from operating Activities + Cash Flow from Investing activities + Ca...
Q: A VAT-taxpayer made the following sales during the year: Domestic Sales P100,000 Export Sales ...
A: From manufacture through the point of sale, value-added tax (VAT) is collected on a product at every...
Q: Calculate weighted avg common stock outstanding and basic eps for year ended December 31, 2016.
A: Basic Earnings per share is calculated by dividing the profit available for common shareholders afte...
Q: Greek Manufacturing Company produces and sells a line of product that are sold usually all year roun...
A: Solution Total fixed Cost is a cost which remain fixed in total .It is the sum of consistent, Non va...
Q: Jones Company has the following balances for the current month: $24,000 Direct materials used Direct...
A: Conversion Costs = Direct labor + overhead costs Where, Overhead costs = indirect labor + productio...
Q: Pina Colada Industries Ltd. had one patent recorded on its books as at January 1, 2020. This patent ...
A: As per IAS 38, Intangible Asset Only cost incurred in respect of development phase are to be capital...
Q: If accounts receivable is projected to be $800,000 at the beginning of the next operating year and $...
A: The balance of sales made by an entity which is not received in cash or any or its equivalents is sh...
Q: shes to calculate a project's present worth with estimated costs of Php 1.69M now and Php 350,000 pe...
A: The answer has been mentioned below.
Q: Whispering Steel Company, as lessee, signed a lease agreement for equipment for 5 years, beginning D...
A: Liabilities: In monetary bookkeeping, a liability is characterized as the future penance of financia...
Q: On January 1, 2020, Blossom Limited had shares outstanding as follows: 5% cumulative preferred shar...
A: Earnings per share represent the value of earnings available for each share outstanding over the per...
Q: Tanek Corp.’s sales slumped badly in 2017. For the first time in its history, it operated at a loss....
A: Contribution margin is the profit earned before considering the fixed cost which is to be borne by t...
Q: Gansac Publishing Company signed a contract with an author to publish her book. The signing took pla...
A:
Q: Journalize the adjusting entries to be made at the end of the year. 1. Eight Drops Company is a cons...
A: Adjusting entries are the ones that are recorded at the year-end to adjust the omitted, not recorded...
Q: Your company is considering a new project that will require $10,000 of new equipment at the start of...
A: Annual Depreciation=Cost of Asset-Salvage ValueDepreciable Life
Q: Haribo has manufactured gummy bears, since 1920 Those bears are currently made in 16 plants around t...
A: At the end of the month, approximately what percentage complete will those gummy bears be with respe...
Q: ABC Company (ABC), a manufacturer of hybrid engine vehicles, had pretax financial income of P30 bill...
A: Solution Taxable income refers to any individual's or business compensation that is used to determi...
Q: QS 6-5 Perpetual: Inventory costing with LIFO LO P1 A company reports the following beginning invent...
A: Lets understand the basics. In FIFO basis company assumes that, goods purchased first in the invento...
Q: Arlen with 70 shares and Marcy with 30 shares. Colter has E&P of $100,000 and capital stock and paid...
A: Long term gain means investment provide return over a longer period of time.
Q: D. Income Statement and E. Balance Sheet
A: Answered:
Q: The following data has been collected about Keller Company's stockholders' equity accounts: Common s...
A: Treasury Stock: Treasury stock, sometimes referred to as treasury shares or reacquired stock, is sto...
Q: Itzy Corporation provides the following information for the month of February based on the productio...
A: Gross Profit = Sales - Cost of goods sold Cost of goods sold includes direct material , direct labor...
Q: In 2021, Jasmine and Thomas, a married couple, had taxable would have reported taxable income of $14...
A: In this question, we have to compute the tax.
Q: Cost of long-term asset = $50,000 Accumulated Depreciation = $25,000 Sales price of L-T asset = $30,...
A:
Q: Statement 1: BIR rulings are the final interpretations of the Tax Code. Statement 2: Supreme Cou...
A: Statement 1: BIR rulings are the final interpretations of the Tax Code. - TRUE In some cases, the ru...
Q: Cash payments to suppliers of merchandise
A: Cost of goods sold: it is the cost of the goods that are sold by the company Cost of goods purchased...
Q: Given below are the transactions related to Hameed Enterprises for the month of March 2021. Date Tra...
A: The question is related to Journal entries, ledger and Trial Balance for the month of March, 2021. ...
Q: Ivanhoe Leasing Company agrees to lease equipment to Shamrock Corporation on January 1, 2020. The fo...
A: Given than : Lease term =7 yearsEconomic life =9 years Fair value =$ 657,000Guaranteed residual valu...
Q: Carson Manufacturing, Inc., sells a single product for $34 per unit. At an operating level of 8,000 ...
A: revenue earned from Special Order will be 2000 Units * $18 per unit= $36,000.
Q: You are considering opening a copy service in thestudent union. You estimate your fixed cost at $15,...
A: The break-even point is the point at which total cost & total income are equal, meaning that you...
Q: On September 30, 2021, Coronado Corporation received a three-year, 12%, $1,750,000 bank loan. The te...
A: GIVEN On September 30, 2021, CORONADO Corporation received a three-year, 12%, $1,750,000 bank loan...
Q: After several profitable years running her business, Ingrid decided to acquire the assets of a small...
A: a. Calculations:
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
- Suppose that the US price index is 100.0 in 1985 and 216.4 in 2015 (30 years). What is the average annual rate of inflation from 1985 and 2015 in the US? 2.61% 116.4% 16.4% 1.64% None of the aboveInflation in log is 5.0430853%. If the last year’s price level was 610, what is this year’s price level?69. Consumer Price Index (a) The CPI was 163.0 for 1998 and 215.3 for 2008. Assuming that annual inflation remained constant for this time period, determine the average annual inflation rate. (b) Using the inflation rate from part (a), in what year will the CPI reach 300?
- Consider the following table for an eight-year period: Year T-bill return Inflation 123L 7.41% 8.59% 8.64 12.22 5.99 6.82 4 5.67 4.98 5.57 6.58 6 8.24 8.90 7 8 10.68 12.70 13.17 12.40 a. Calculate the average return for Treasury bills and the average annual inflation rate (consumer price index) for this period. Note: Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16. b. Calculate the standard deviation of Treasury bill returns and inflation over this time period. Note: Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16. c. Calculate the real return for each year. Note: A negative answer should be indicated by a minus sign. Leave no cells blank - be certain to enter "0" wherever required. Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16. d. What is the average real return for Treasury bills?…Consider the following table for an eight-year period: Year T-bill return Inflation 1 7.47 % 8.53 % 2 8.94 12.16 3 6.05 6.76 4 5.97 5.04 5 5.63 6.52 6 8.54 8.84 7 10.74 13.11 8 13.00 12.34 Calculate the average return for Treasury bills and the average annual inflation rate (consumer price index) for this period. (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.) Average return for Treasury bills % Average annual inflation rate % Calculate the standard deviation of Treasury bill returns and inflation over this time period. (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.) Standard deviation of Treasury bills % Standard deviation of inflation % Calculate the real return for each year. (A negative answer should be indicated by a minus sign. Leave no cells…Consider the following table for an eight-year period: Year 1 2345678 T-bill return Inflation 7.40% 8.60% 8.59 12.23 5.98 6.83 5.62 4.97 5.56 6.59 8.19 8.91 10.67 13.18 12.65 12.41 a. Calculate the average return for Treasury bills and the average annual inflation rate (consumer price index) for this period. (Do not round Intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.) b. Calculate the standard deviation of Treasury bill returns and inflation over this time period. (Do not round Intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.) c. Calculate the real return for each year. (A negative answer should be Indicated by a minus sign. Leave no cells blank - be certain to enter "O" wherever required. Do not round Intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.) d. What is the average real return for Treasury bills? (A negative…
- In Oman, the price index in 1985 is 88.1, and the price index in 2005 is 182.9.What is the average inflation rate for this period? Select one: a. 44.09 % b. 3.72 % c. 107.60 % d. -3.59 %Inflation is a general increase in prices and may be measured by the Consumer Price Index (CPI). Use Appendix A to answer the questions. a. In Year 1 the CPI was 100; 30 years later, it was 239. What was the annual rate of inflation? Round your answer to the nearest whole number. %es www Year 1 2 3 4 5 Returns X59200 15 % -22 10 10 Y 22% 30 -27 "* 10 21 Using the returns shown above, calculate the arithmetic average returns, the variances, and the standard deviations for X and Y. (Do not round intermediate calculations. Enter your average return and standard deviation answers as a percent rounded to 2 decimal places, e.g., 32.16. Enter your variance answers rounded to 5 decimal places, e.g., .16161.) Average returns Variances Standard deviations X 15 % % % Y % &
- 1, Consider the following table for an eight-year period: Year T-bill return Inflation 1 7.47% 8.53% 2 8.94 12.16 3 6.05 6.76 4 5.97 5.04 5 5.63 6.52 6 8.54 8.84 7 10.74 13.11 8 13.00 12.34 a, Calculate the average return for Treasury bills and the average annual inflation rate (consumer price index) for this period. b, Calculate the standard deviation of Treasury bill returns and inflation over this time period. c, Calculate the real return for each year. d, What is the average real return for Treasury bills?Assume that the base year is 2015. Good 2015 Price 2015 Quantity 2016 Price 2016 Quantity $2 250 $3 200 $3 300 $2 400 $4 400 $5 500 A B C 9. What was the inflation rate between the two years? O A) 1 percent O B) 2 percent O C) 3 percent O D) 4 percent O E) 8 percent 27The following table shows the nominal returns on Brazilian stocks and the rate of inflation. Year Nominal Return (%) Inflation (%) 7.5 2015 2016 0.5 -16.0 2017 -14.0 2018 -43.1 2019 67.9 2020 28.6 7.6 8.1 12.4 8.0 4.6 a. What was the standard deviation of the market returns? Note: Use decimals, not percents, in your calculations. Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places. b. Calculate the average real return. Note: A negative answer should be indicated by a minus sign. Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places. a. Standard deviation b. Average real return % %