It is the year 2060, and you are talking (or perhaps telepathically communicating) with your grandchildren. "grandparental unit" they say, "is it true that when you were in college, a gallon of gasoline cost $2.00? " "grandchildren" you reply, "you know it is true, because by this point you have already directly downloaded the complete history of gasoline prices for the past 100 years into your cyberbrain. still, you should not be fooled by this price, because it is nominal, not real." "say what? gasoline today costs $15 per gallon. that is clearly very expensive compared to gasoline when you were in college. your cyberbrain is clearly an old, inferior model." you angrily reply "turn your sassback unit down by 20%, grandchildren. your parental units would not be happy to hear you talk to me that way. besides, you must keep in mind that the consumer price index was 240 when i was in college. now it is 2400. this means that if i were to convert the 2016 price of $2.00 into year 2060 dollars, it would " what will you tell your grandchildren? you have the following facts: cpi in 2016 was 240. cpi in 2060 is 2400. the price of gasoline in 2016 is $2.00 per gallon. the price of gasoline in 2060 is $15 per gallon. how many dollars would you need in 2060 to buy what $2.00 would buy in 2016? enter your answer as a number, rounded to two decimal places. don't enter a dollar sign.

Exercise 18-15 sheffield appliance center is an experienced home appliance dealer. sheffield appliance center also offers a number of services for the home appliances that it sells. assume that sheffield appliance center sells ovens on a standalone basis. sheffield appliance center also sells installation services and maintenance services for ovens. however, sheffield appliance center does not offer installation or maintenance services to customers who buy ovens from other vendors. pricing for ovens is as follows. oven only $790 oven with installation service 850 oven with maintenance services 970 oven with installation and maintenance services 990 in each instance in which maintenance services are provided, the maintenance service is separately priced within the arrangement at $180. additionally, the incremental amount charged by sheffield appliance center for installation approximates the amount charged by independent third parties. ovens are sold subject to a general right of return. if a customer purchases an oven with installation and/or maintenance services, in the event sheffield appliance center does not complete the service satisfactorily, the customer is only entitled to a refund of the portion of the fee that exceeds $790. assume that a customer purchases an oven with both installation and maintenance services for $990. (b) indicate the amount of revenue that should be allocated to the oven, the installation, and to the maintenance contract.

Fortress international, a large conglomerate, procures a few component parts from external suppliers and also manufactures some of the key raw materials in its own subsidiaries. aside from this, the company does not solely depend on outside distributors to reach its customers. in fact, it has its own retail stores to distribute its products. in this scenario, which of the following alternatives to vertical integration is fortress international applying? a. concentric integration b. taper integration c. horizontal integration d. conglomerate integration

Data for hermann corporation are shown below: per unit percent of sales selling price $ 125 100 % variable expenses 80 64 contribution margin $ 45 36 % fixed expenses are $85,000 per month and the company is selling 2,700 units per month. required: 1-a. how much will net operating income increase (decrease) per month if the monthly advertising budget increases by $9,000 and monthly sales increase by $20,000? 1-b. should the advertising budget be increased?