answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Lina20
20 days ago
12

A price index that tends to be a leading indicator of future inflation rates is the

Business
1 answer:
Free_Kalibri [3.1K]20 days ago
6 0

Response:

The producer price index

Clarification:

The producer price index serves as an economic indicator that reflects changes in price levels within an economy. It acts as a precursor to the consumer price index.

This index denotes the price measurement that tracks variations in the average prices that producers obtain for their products during a designated timeframe.

The producer price index does not factor in the impact of indirect taxes, whereas the wholesale price index includes this influence.

The calculation is done using the following formula:

PPI = (Current prices received by sellers ÷ Base year prices) × 100

You might be interested in
Assume that you are the vice president of movie production for a major Hollywood studio. You need to compose a memo to your film
marusya05 [3091]
<span>Involving scientists and mathematicians in the project would provide significant advantages by enabling precise calculations regarding costs and environmental impact, along with optimizing our budget effectively. It's crucial to recognize the importance of these new consultants to our team.</span>
6 0
25 days ago
Read 2 more answers
Jamison Company has the following obligations at December 31: For each obligation, indicate whether it should be classified as a
marusya05 [3091]

Answer:

Explanation:

Current liabilities refer to obligations due within one year or less.

The classification is as follows:

a. A note payable for $100,000 due in 2 years. = Not classified as a current liability, as it is due in 2 years and classified as long-term liability.

b. A 10-year mortgage of $300,000 to be paid in ten annual payments of $30,000. = Only the first payment is a current liability; the rest are long-term liabilities.

c. An interest payment of $15,000 on the mortgage. = This is a current liability since it is due within one year.

d. Accounts payable of $60,000. = This is also a current liability because it is due within one year.

Current liabilities are recorded on the liability side of the balance sheet.

7 0
1 month ago
JED Corp., an e-commerce company, has created a network that supports its supply chain management system. The network provides t
soldi70 [3139]

The options for the question are missing.

A) extranet

B) corporate portal

C) intranet

D) executive information system

Answer:

Extranet.

Explanation:

An extranet is defined as a secure network tailored for information sharing. This type of network is set up by a business to provide specific data to customers and suppliers while restricting their access to sensitive company information.

It simplifies information exchange with potential clients and various stakeholders, enhancing customer support by delivering relevant details to address their inquiries.

5 0
28 days ago
In a economy, it is harder to find sponsors willing to pay for premium sponsorship opportunities
arsen [2965]
the answer that is correct is a) Fast. The reasoning behind this can be guessed quite easily. Primarily, individuals tend to be risk-averse when it comes to valuing their money, which means they generally avoid taking risks. Even though opportunities that promise higher profits, increased visibility, or greater monetary rewards seem enticing initially, they inherently come with unavoidable risks, and there is always a possibility that such opportunities may not yield the expected outcomes. That being said, raising funds rapidly becomes a challenging task.
6 0
18 days ago
INCOME STATEMENT Little Books Inc. recently reported $3 million of net income. Its EBIT was $6 million, and its tax rate was 40%
Katen [2907]

Answer:

The interest amounts to $1,000,000.

Explanation:

The standard format of an income statement includes:

Revenue/Sales (+)

Cost of Goods Sold (COGS) (-)

=Gross Profit

Marketing, Advertising, and Promotion Expenses (-)

General and Administrative (G&A) Expenses (-)

=EBITDA

Depreciation & Amortization Expense (-)

=Operating Income or EBIT

Interest (-)

Other Expenses (-)

=EBT (Pre-Tax Income)

Income Taxes (-)

=Net Income

For this case:

EBIT equals $6,000,000.

The interest is to be determined.

Tax is calculated as 0.40.

EBITDA stands at $3,000,000.

The interest formula is: interest = [EBITDA / (1 - tax)] - EBIT

Substituting values, interest = 3000000 / 0.60 - 6000000 = -$1,000,000.

With EBIT at 6 million, the interest is $1 million, and the tax amounts to 2 million (calculated as (EBIT - interest) * 0.40).

Thus, the net income is $3 million.

7 0
26 days ago
Other questions:
  • Stine Co. is a retail store operating in a state with a 6% retail sales tax. The retailer may keep 2% of the sales tax collected
    12·2 answers
  • . Suppose you own a bookstore. You believe that you can sell 40 copies per day of the latest John Grisham novel when the price i
    6·1 answer
  • Burger King is a cash-basis taxpayer but maintains its financial accounting records using full
    14·2 answers
  • Summarize your thoughts, in a minimum of 2 sentences, on why is it important for healthcare workers to be aware of various cultu
    5·2 answers
  • If an investor purchases $1,000 face amount of an 8% corporate bond at 93. The bond is scheduled to mature in 2028. What will ha
    11·1 answer
  • This month, a company receives $5,000 from a regular customer, of which $3,000 is for products delivered last month and $2,000 i
    14·1 answer
  • J. Gladwin has a capital balance of $106,000 and R. Selleck has a capital balance of $94,000 in their partnership as of Septembe
    6·1 answer
  • Kamin Company's mixing department had a beginning inventory of 4,000 units which had accumulated conversion costs of $55,000. Du
    7·1 answer
  • Mike and Karen were divorced. Their only marital property was a personal residence with a fair market value of $1.5 million and
    13·1 answer
  • Using the formula
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!