Eleven years ago, a guitar cost $1,800. Today, that same guitar costs $3,650. What has been the inflation rate on this instrument

Answers

Answer 1

The inflation rate on this instrument has been 102.78%.

How is the inflation rate calculated?

To calculate the inflation rate, subtract the starting price ($1,800) from the later price ($3,650), and divide $1,850 by the starting date ($1,800), which is then multiplied by 100.

Data and Calculations:

Cost of guitar eleven years ago = $1,800

Current cost of guitar = $3,650

Inflation in dollar terms = $1,850 ($3,650 - $1,800)

Inflation rate on guitar = 102.78% ($1,850/$1,800 x 100)

Thus, the inflation rate on this instrument has been 102.78%.

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Related Questions

Bristo Corporation has sales of 1,900 units at $50 per unit. Variable expenses are 20% of the selling price. If total fixed expenses are $66,000, the degree of operating leverage is:

Answers

Answer: 7.6

Explanation:

Degree of operating leverage (DOL) = contribution margin / operating income

- contribution margin = sales - variable cost = [(1900 x $50) - (1900 x $50 x 20%)] = $95,000 - $19,000 = $76,000

- operating income = contribution margin - fixed expenses = $76,000 - $66,000 = $10,000

DOL = $76,000 / $10,000 = 7.6


Uncle Ulysses can obtain an additional 10 hours of painting capacity free of charge by training his
interns to paint. If he did this, how would his profits be affected?
A) Profit would increase by $6.92.
B) Profits would increase by $1.58.
C) Profits would decrease by $20.
D) Cannot tell from the information provided

Answers

Answer:

C

Explanation:

So basically you do that then multiple that 2x

Uncle Ulysses can obtain an additional 10 hours of painting capacity free of charge by training his interns to paint.  His profits  cannot tell from the information provided. thus option (D) is correct.

What is a Painting?

A painting is the expression of ideas and emotions of the artist. An artist uses his creative aesthetic qualities in a two-dimensional visual language in the form of painting.

The artist use various  elements like shapes, lines, colors, tones, and textures in various ways to produce sensations of volume, space, movement, and light on a flat surface.

A painting can be created on any surface from small stone to big building. Every character in a painting depicts some emotions and gives life to it. From paleolithic age to the modern era, the paintings are an important part of art.

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Can Tatar come off your teeth?

Answers

Answer:

the dentist can remove it, or you can try flossing it out depending if it's between your teeth or on the surface i guess you can try using an electric toothbrush too

Answer:

Once tartar has formed, only a dental professional will be able to remove it from your teeth. So, visit your dentist every 6 months to remove any plaque and tartar that might have formed and to prevent further problems.

Jacinta is a supervisor at a customer service call center. She set a ________ objective for her subordinates to decrease their average call times by 12%.

Answers

She set a performance objective for her subordinates to decrease their average call times by 12%.

What is performance objective?

Performance objectives is an objectives or goals set for employees so as to enables them achieve the company  set objective or to achieve the company or organization goals.

Most supervisor tend to make use of performance objective for their subordinate for the success of the company by decreasing anything that may affect their subordinates productivity toward the company growths.

Inconclusion she set a performance objective for her subordinates to decrease their average call times by 12%.

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Economies of scale exists when

Answers

Answer:

Economies of scale exits when more units of a goods or services are produced on a larger scale with (no average) fewer inputs costs.

External economies of scale can also be realized whereby an entire industry benefits from a development such as improved infrastructure.

Brutus Buckeye Co announces the existence of substantial new oil reserves. The exploitation of these reserves is expected to increase the company's free cash flow by $100 million per year for eight years. If investors had not been expecting this news, what is the most likely effect on the company's stock price upon the announcement, given that the company has 80 million shares outstanding, no debt, and an equity cost of capital of 11%

Answers

The most likely effect on the company's stock price upon the announcement is $6.43.

Likely effect on the company's stock price

First step is to find the present value of 100 million for 8 years at 11% using PV table.

PV of  100 million for 8 years at 11%:

PV= $514.6123 million per share

Second step is to calculate the Effect on stock price

Effect on stock price= $514.6123 million / 80 million

Effect on stock price = $6.43

Inconclusion the most likely effect on the company's stock price upon the announcement is $6.43.

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Tracie will receive payments of $550 a month for ten years. What are these payments worth today at a discount rate of 6 percent, compounded monthly

Answers

The worth of these payments to Tracie today at a discount rate of 6% compounded monthly is $49,540.40.

What is the present value?

The present value is the discounted value of future cash flows.  It can be calculated using an online finance calculator as below:

Data and Calculations:

Periodic receipts = $550 per month

Period of receipts = 10 years

Interest interest = 6% compounded monthly

N (# of periods) = 120 (10 years x 12 months)

I/Y (Interest per year) = 6%

PMT (Periodic Payment) = $550

FV (Future Value) = $0

P/Y (# of periods per year) = 12

C/Y (# of times interest compound per year) = 12

Results:

PV = $49,540.40

Sum of all periodic payments = $66,000.00 ($550 x 120)

Total Interest = $16,459.60

Thus, the worth of these payments to Tracie today at a discount rate of 6% compounded monthly is $49,540.40.

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One example of a(n) __________ effect of foreign direct investment is when jobs are created because of increased local spending by employees of an MNE.

Answers

An example of direct effect of foreign direct investment is when jobs are created because of increased local spending by employees of an MNE.

What is foreign direct investment ?

A foreign direct investment  can be regarded as  purchase of an interest in a company and this is done outside border of a country.

It is a business decision to get substantial stake as regards  a foreign business .

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How to,
Evaluate yourself in the learning, time and effort you have put into this course. What grade you think deserve?

Answers

Answer:

i think that i would have to give myself maybe a B+ or C+

Explanation:

Explain 2 main ways to increase added value.

Answers

Answer:

7 Ways To Add Massive Value To Your Business

The Faster The Better. The first way to increase value is simply to increase the speed you deliver the kind of value people are willing to pay for. ...

Offer Better Quality. ...

Add Value. ...

Increases Convenience. ...

Improve Customer Service. ...

Changing Lifestyles. ...

Offer Planned Discounts.

Explanation:

hope it will help you have a great day bye and Mark brainlist if the answer is correct

[tex]kai6417[/tex]

#carry on learning

Terry's Trees has reached its break-even point and has a contribution margin ratio of 70%. For each $1 increase in sales ______.

Answers

Answer:

- total contribution margin will increase by $0.70

- net operating income will increase by $0.70

Explanation:

If a shortage exists in the hamburger market, then the current price must belower than the equilibrium price. For the market to reach equilibrium, you would expect

Answers

For the market to reach equilibrium, you would expect prices to rise.

What is a shortage?

A shortage exists when quantity demanded exceeds quantity supplied. This is because price is below equilibrium price. Equilibrium price is the price at which quantity demanded is equal to quantity supplied.

For a shortage to be resolved, prices would rise until equilibrium price is reached.

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There are different kinds of market. For the market to reach equilibrium, you would expect buyers to offer higher prices.

What happens if there is a shortage of a good at the certain price?

When there is a kind of surplus existing in the market, price tends to fall so as to entice additional quantity to be demanded and lower the quantity supplied until the surplus is removed.

When  shortage exists, price tends to rise so as to entice additional supply and lower quantity demanded until the shortage is removed.

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Gfbhrfjugbcfvjgfbnkgfbjjff if fvhhhgfvvb

Answers

Answer:

I agree, I see the strength in your work

Business ethics requires all except the following: Group of answer choices weighing the benefits of a decision compared to its harm consideration of duties owed to other human beings the characteristics possessed by a virtuous person contemplation of Christian principles of faith the care we have for the well-being of those affected by business decisions

Answers

Business ethics requires all the following options except the contemplation of Christian principles of faith.

What is Business Ethics?

The principles for morally acceptable and unethical corporate conduct are referred to as business ethics.

Business ethics are established by corporations to encourage employee ethics and acquire confidence from important stakeholders such as shareholders and consumers.

From the given information, the ethics of business that is not acceptable is:

The contemplation of Christian principles of faith.

This is because it challenges an individual personal faith and doesn't have any relation to business.

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Question 2 of 20
Which of the following is a problem for the production of public goods?
A. An increasing demand curve.
B. The possibility of free riders.
C. Inefficient production.
D. Rivalry among consumers.

Answers

Answer:

B. Possibility of free riders

Explanation:

Took the unit test :)

What should you do when the job you interviewed for is not what you wanted?
a.
Accept the position
b.
Reject the position
c.
Ignore all offers
d.
None of the above


Please select the best answer from the choices provided

A
B
C
D

Answers

Answer:

> The answer to your query would be the second option.

Explanation:

> We can go through the process if elimination to find the best answer choice possible.


> The first one; “Accept the position” is not the correct choice, as you don’t want the job. Therefore, you should try your best to keep yourself away from it. Accepting the job and working for them is not what you want, so this is not the correct answer.


> The second one; “Reject the positions” is correct, as you would want to politely say no to the job offer, and continue with something else. A way of rejecting the offer would be to write an email or letter stating that you are no longer interested in the job position, and kindly say no to it. Once again, this is the correct answer.


> The third one: “Ignore all offers” is not the correct answer, as this is rude and impolite. This may also backfire on you if they have connections with other companies you may be interested in working for.


> The fourth one: “None of the above”, is not the correct answer, as we found that the second answer is correct.

> We have successfully completed the process of elimination, and found that the second answer is the correct one. Once again, the correct answer is B) Reject the position


> I hope this successfully solved your problem, and answered any other queries you may have had on the subject. #LearningWithBrainly

Answer:

its b

Explanation:

yw

A friend proposes a gamble to you. You roll 2 fair, six-sided dice, and add up the results of each die to find your total number. If your roll totals a 5 or 7, your friend pays you $10. If you roll any other total, you pay your friend $4. What is your expected payoff from playing this game 100 times

Answers

The payoff if you gamble 100 times is 22 dollars.

What is the probability of getting a 5 or a 7?

When you roll two dices, there are 36 different probabilities. Based on this number let's find out the probability of getting a 5 or a 7.

5= 1+4 / 4+1 /2+3 /3+27= 1+6/6+1 /2+5/ 5+2/3+4/4+3

This means the probability is 10/36 or  0,277 or 27%.

How many times will you probably win?

If you play 100 times you will win 27 times, this means you will get $270. In the same way, you will lose 73 times and this means you will pay $292.

This means the payoff would be -22 dollars (292-270=22).

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Which of the following statements is false?
A. Accounting is the information system that measures business activities, processes that information into reports, and communicates the results to decision makers.
B. Owners of a corporation are personally liable for the debts of the corporation.
C. Financial statements report financial information about a business entity to decision makers.
D. The purpose of financial accounting is to provide information to people outside of the entity, such as investors and creditors.

Answers

Answer: B

Explanation:

As a general rule, owners, such as investors, in a public corporation are only liable for the money they have invested into the business. They can only lose what they have invested in the business. So, if the company goes bankrupt, the creditors cannot claim the owner’s personal assets.

Two products, product A and product B, have the same prices, costs and salvage values. The demands for both products are normally distributed with the same mean. However, the standard deviation of product A's demand is greater than the standard deviation of product B's demand. For which product, the value of a crystal ball (the perfect forecasting system) is higher?

Answers

Because the standard deviation of product A's demand is greater than the standard deviation of product B's demand, the value of product B is higher than product A.

What is a standard deviation?

The standard deviation is the measure of the amount of variation or dispersion of a set of values.  The standard deviation shows how spread out the values of a variable are, especially when compared with the values of another variable.

Thus, based on the greater standard deviation of product A's demand, the value of product B is higher than product A.

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Which of the following statements about purpose in communication is true?
O A. The purpose of a communication is always persuasive.
O B. Purpose statements are too specific and do not help one think strategically about the best content to use.
OC. Thinking about the desired outcome often helps communicators refine the purpose of their communication.
OD. Purpose and outcome are the same.
O E. Business messages that are purely informative do not need a purpose.

Answers

The true statement thinking about the desired outcome often helps communicators refine the purpose of their communication.

Purpose of communication

Communication is simply the act of transferring information from one place, person or group to another.

For every communication, there is presence of at least one sender and a recipient.

Communication is key to inform, express feelings, imagine, to influence, and to meet social expectations.

Based on the explanations, thinking about the desired outcome often helps communicators refine the purpose of their communication.

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Pace Co. borrowed $10,000 at a rate of 7.25%, simple interest, with interest paid at the end of each month. The bank uses a 360-day year. How much interest would Pace have to pay in a 30-day month?

Answers

Answer:

Explanation:

Amount of interest need to paid is 30 day month

= 10000×(1.075)×30/360 = 60.42

Simple interest formula is

Interest for year is = 10000×7.5% = 750

Per month is = 750×30/360 = 60.42

The amount of interest that Pace would have to pay on the loan in a 30-day month is $60.42.

What is the interest that Pace would pay?

Simple interest is when only the interest is applied to the principal amount that is borrowed and not on the interest already accrued.

Simple interest = principal x interest rate x 30/360

$10,000 x 0.0725 x 30/360 = $60.42

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Lake acquired a controlling interest in Boxwood several years ago. During the current fiscal period, the two companies individually reported the following income (exclusive of any investment income):




Lake $ 363,000
Boxwood 120,000


Lake paid a $60,000 cash dividend during the current year, and Boxwood distributed $5,000.



Boxwood sells inventory to Lake each period. Intra-entity gross profits of $22,400 were present in Lake's beginning inventory for the current year, and its ending inventory carried $41,500 in intra-entity gross profits.



View each of the following questions as an independent situation. The effective tax rate for both companies is 21 percent.



If Lake owns a 60 percent interest in Boxwood, what total income tax expense must be reported on a consolidated income statement for this period? (Round the intermediate calculations and final answers to the nearest dollar amount.)

If Lake owns a 60 percent interest in Boxwood, what total amount of income taxes must be paid by these two companies for the current year? (Round the intermediate calculations and final answers to the nearest dollar amount.)

If Lake owns a 90 percent interest in Boxwood and a consolidated tax return is filed, what amount of income tax expense would be reported on a consolidated income statement for the year?

Answers

a) With Lake's 60% controlling interest in Boxwood, the total income tax expense reported on a consolidated income statement for this period is $99,023 ($471,540 x 21%).

b)  With Lake's 60% controlling interest in Boxwood, the total amount of income taxes payable for the current year is $101,400 ($363,000 + $120,000) x 21%.

c)  With Lake's 90% controlling interest in Boxwood, the amount of income tax expense to be reported on the consolidated income statement for the year is $97,820 ($465,810 x 21%).

What is controlling interest?

Controlling interest exists when a company or an individual owns more than 50% of the shareholdings of another company.  This gives the investor shareholder a majority voting share to influence decisions of the subsidiary company.

Data and Calculations:

                                    Lake        Boxwood

Income reported    $363,000    $120,000

Dividend paid             60,000          5,000

Dividend income          3,000 ($5,000 x 60%)

Increase in intra-entity gross profits = $19,100 ($41,500 - $22,400).

Excludable intra-entity gross profits = $11,460 ($19,100 x 60%).

Consolidated Income = $471,540 ($363,000 + $120,000 - $11,460)

Excludable intra-entity gross profits = $17,190 ($19,100 x 90%).

Consolidated Income = $465,810 ($363,000 + $120,000 - $17,190)

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Those in China with more than one child are expected to pay for education and health care for their second children. What does this policy
imply?

A.
That education and health care are free for the first child.

B.
There are not enough places for all children in Chinese schools.

C.
That very few people in China can afford education and health care.

D.
The Chinese government is not interested in the health or education of children.

Answers

Answer:

A.

That education and health care are free for the first child.

Which of the following is NOT part of value-chain analysis? (a) product research (b) quality management (c) supply chain management (d) project management (e) human resources

Answers

Answer:

c? , supply chain management

When she visited Italy, Catherine noticed that restaurants were slower to deliver food and expected customers to stay longer than she was used to in the U.S. This is an example of a:

Answers

Given that the restauranys were slower to deliver food than what she was used tpo in the United States, this is an example of folkway.

What is folkway?

Folk way can be reagrded to mean the traditional way or maethod of doing things in a certain group of people.

This is the answer due to the fac tthat the people are different from the Americans, their own methods differ from others.

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Providers can use software to convert claims to an electronic:

a. flat file format

b. data interchange

c. remittance advice

d. funds transfer

Answers

Answer:

Flat file format

Explanation:

This is a format used to store reportsProviders store their claims as a document.That document is flat file .

Option A is correct

Providers can use software to convert claims to an electronic flat file format. Thus the correct option is  A.

What is software?

A computer's operating system and various activities are carried out by a program, which is a compilation of instructions, data, or applications called software.

This software are mainly of three types which include system software, like compiler and interpreter, application software like Microsoft word, and utility software like Antivirus program.

A flat file that includes just one datasheet. Table by table, the user can set data attributes like columns and data types, and those elements are stored separately from applications.

Complaints can be converted to a digital flat file format using software by providers. The Providers can store their claims in a flat file using this format, which is used to record reports.

Therefore, option A flat file format is appropriate.

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If the risk-free rate is 3.80 percent and the risk premium is 2.8 percent, what is the required return

Answers

Answer: 6.6%

Explanation:

The expected rate of return is simply the risk free rate + the risk premium. So, 3.8% + 2.8% = 6.6%.

- The risk free rate is the return an investor would receive without any risk.
- The risk premium is the return an investor would receive over and above the risk free rate.

- Conceptually, if we rearrange this formula, if an investor require a rate of return of 6.6%, then the risk premium is simply the excess rate over the risk free rate. So, 6.6% - 3.8% = 2.8%. Here we can check that our work is correct.

*Will award brainliest if correct answer is given!*

Confidentiality is the:
a. the safekeeping of patient information by controlling access to hard copy and computerized records
b. restriction of access to patient information to those with proper authorization
c. private information shared between a patient and health care provider
d. the right of individuals to keep their information from being disclosed to others

Answers

Answer: Its A Iam sure i got an 100% I promise just check ok tell me to watch

Explanation:

Lucie Corporation's purchasing manager obtained a special price on an aluminum alloy from a new supplier, resulting in a direct-material price variance of $9,500F. The alloy produced more waste than normal, as evidenced by a direct-material quantity variance of $2,000U, and was also difficult to use. This slowed worker efficiency, generating a $2,500U labor efficiency variance. To help remedy the situation, the production manager used senior line employees, which gave rise to a $900U labor rate variance. If overall product quality did not suffer, what variance amount is best used in judging the appropriateness of the purchasing manager's decision to acquire substandard material?

Answers

Answer:

he alloy produced more waste than normal, as evidenced by a direct-material quantity variance of $2,000U, and was also difficult to use. This slowed worker ...

1 answer

·

Top answer:

Favorable Direct-material price variance 9500 F Les...

Explanation:

The accounts receivable aging report:

a. includes a chronological summary of all transactions posted to individual patient ledgers/accounts on a specific day

b. contains a computer-generated list of procedures, services, and supplies with charges for each

c. contains the same information as a paper-based remittance advice

d. shows the status (by date) of outstanding claims from each payer, as well as payments due from patients

Answers

Answer:

A. includes a chronological summary of all transactions posted to individual patient ledgers/accounts on a specific day

The accounts receivable aging report: d. shows the status (by date) of outstanding claims from each payer, as well as payments due from patients.

What is accounts receivable aging report?

Accounts receivable aging report is a report that help to record customers or clients balances that are yet to be paid as well as the date which shows how long the invoice balances has remain outstanding.

The accounts receivable aging report important as it help to summarize and categorize a company or an organization account receivable that are due from customers at a particular period of time.

Inconclusion the accounts receivable aging report: d. shows the status (by date) of outstanding claims from each payer, as well as payments due from patients.

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True or False?Ordering too little food is generally a good idea because it ensures that nothing goes to waste what is the common name for hypertension please help me find the lateral surface area of this Which two statements about the Han dynasty help explain why it was the golden age of China?A. It lasted for more than 400 years and didnt face any natural disasters.B. All areas of life, including literature, technology, economy, science, and philosophy, grew and thrived.C. The creation of the Silk Road opened up China to other civilizations and strengthened its economy.D. China started to develop a strong central government with a belief in the Mandate of Heaven.E. Taoism and Confucianism both existed in harmony. 29-{-36-(-27-31)+40} Name the two major projects president Eisenhower pushed for? The financial system moves the economy's scarce resources from a.the rich to the poor. b.government to households. c.business firms to financial institutions. d.savers to borrowers. i need answer please Why do you think the U.S. never put German-Americans or Italian-Americans into internment camps?Why were Japanese-Americans treated differently? Explain. According to the Brown vs.BOE ruling, the doctrine of"separate but equal" is whichof the following?A. the new lawB. no longer legalC. upheld as legal What is one of the most important job duties for a research administrator as a fiduciary agent of their organization The table represents some points on the graph of an exponential functioXf(x)2363544815121.56182.25Which function represents this relationship?F f(x) = 16NwG f(x) == 16NmH f(x) = 36f(x) = 36WIN Coach reynolds bought 23 bottles of sports drink. Each bottle contains 25 ounces of sports drink. If he wants to have 700 ounces of sports drink for the football `game on friday night, how many more bottles of sports drinks should Coach reynolds buy. 4th grade. 1.4 Suggest FOUR ways in which participation in physical activities can healthy relationships. What is an adaptation? Pick one. a structural, behavioral, or physiological trait that enhances an organism's ability to survive and/or reproducethe process during which light energy from the Sun is used to convert carbon dioxide and water into oxygen and foodthe process through which organisms with advantageous structures or behaviors are naturally selected over organisms that do not possess these traitsa physical or behavioral characteristic that has stood the test of time and is still present after generations of other evolutionary changes The basal lamina arises from which type of tissue?. A candy bar is created with 28 cubic centimeters of chocolate. If the length is 8 cm and the width is 6 cm, what is the height of the candy bar? Round to the nearest hundredth. A company starts to track the number of phone calls received each month. During the first month the company received 4,264 phone calls. During the second month the company received 25% more phone calls than in the first month. During the third month the company received 6,396. What was the percent increase in the number of phone calls from the second month to the third month. Pleaseeee answer fastt __________ states that scores on IQ tests have steadily risen since 1920. A. Heritability B. Stereotype vulnerability C. Flynn effect D. Environmental theory. Which of the following sentences best describes the character of Lucia Greenberg?