The price of a Wendy's Bacon Cheeseburger is $.99, the same as it was five years ago. Had the price of this sandwich increased at the same 3% annual rate as U.S. consumer prices did over the last five years, what would its price be today?
A) $1.15
B) $1.02
C) $1.12
D) $1.22
E) $ .84
A
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Which pair of accounts has the same set of rules for debit and credit entries?
a. Service Revenue and Rent Expense b. Dividends and Retained Earnings c. Equipment and Salaries Expense d. Accounts Receivable and Accounts Payable
When a leader ignores a subordinate, or gives him the “silent treatment,” this could be considered ______.
a. ethical punishment b. “tough love” c. abusive behavior d. an act of commission
A ________ brings buyers and sellers together and facilitates transactions, typically charging a fee after a transaction is completed
A) cash-and-carry wholesaler B) broker C) retailer D) wholesaler E) commission merchant
The last step in a master budget is to prepare a
a. cost of goods manufactured budget. b. budgeted balance sheet. c. cash budget. d. sales budget.