14 Calculate the index number by using suitable formula for 1985 on the basis of 1980 from the following information: Year Product X Product Y Product Z Price Quantity Price Quantity Price Quantity 1980 4 54 10 2 1985 10 40 4
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- Use the following price information for selected foods for 2000 and 2013 given in the following table in the image. a. Compute a simple price index for each of the four items. Use 2000 as the base period. b. Compute a simple aggregate price index. Use 2000 as the base period. c.Compute Laspeyres’ price index for 2013 using 2000 as the base period.Calculate approximately to 3 decimal places the composite price index for all three stock between 2008and 2011.Betts Electronics purchases three replacement parts for robotic machines used in its manufacturing process. Information on the price of the replacement parts and the quantity purchased is given here. Compute Laspeyres' price index for 2018 using 2010 as the base period. (Round your answer to 2 decimal places.)
- need asapFinal answers should be either in lowest-term Fraction or up to 4 decimal places only. For even smaller numbers, round off to the nearest non-zero digit.A Company purchased equipment for RO 50,000 with an estimated useful life of 20 years. At the end of the 10th year, company determined that the equipment would last only 5 more years. Does this revision affect depreciation calculated previously? Yes or no, justify your answer.Read measurements a-h on the enlarged 32nds and 64th graduated fractional rule shown in Figure 38-3.