Business Finance

The consumer price index (CPI) was approximately 239.5 in beginning of 2017 when Chuck Taylor All Star shoes were $55. The CPI at the beginning of 1950 was approximately 24. Based on this information, find the price of the Chuck Taylor All Star shoe in 1950.

• $5.51

• $10

• $7.38

• $3.87

According to Statista.com COPY AND PASTE THIS LINK ( https://www.statista.com/statistics/243098/average-consumer-price-index-for-apparel-expenditure-in-the-us/ ), which one of the following: Footwear, Infant and toddler apparel, Men and boys’ apparel, Women and girls’ apparel, had the 2nd highest CPI in 2018?

• Infant and toddler apparel

• Men and boys' apparel

• Women and girls' apparel

• Footwear

Out of the Dow Jones, the S&P 500 and the NASDAQ: Which one is generally considered the best representation of the U.S. Stock Market?

• Dow Jones

• S&P 500

• NASDAQ

Out of the Dow Jones, the S&P 500 and the NASDAQ: Which one is associated with technology and fast growth companies?

• Dow Jones

• S&P 500

• NASDAQ

You think $10,000 is a lot of money for a high school student to buy a car with, and you understand that, due to inflation, that same model of car would have cost less than $10,000 in the past. Use the calculator on this website, which you will have to COPY and PASTE https://www.usinflationcalculator.com/ and on the calculator you will need to enter 2020 in the first box “If in” , then 2003 in the box labeled “then in” to determine how much the same car, had it been available, would have cost 17 years ago. It would have cost approximately how much?

• $7,069

• $11,492

• $14,145

• $6,097

Let's say a relative put a $1000 into a savings account that earned 5% interest (interest compounded 1 time annually). Every year they added an additional $250 and told you that you can have everything in the account when you turn 21. Using this calculator, COPY and PASTE this website http://www.moneychimp.com/calculator/compound_interest_calculator.htm How much money would you have in the account when it became yours?

• $12,162.27

• $7,100.29

• $2,785.96

• $58,505.21

What is the business term:

An organization—usually a group of people or a company—authorized by the state to act as a single entity and recognized as such in law for certain purposes.

• Corporation

• Bonds

• Venture capitalist

• Partnership

What is the business term:

This refers to the amount an employee takes home, not the amount it costs to employ them.

• Net pay

• Gross pay

• Payroll

• Credit

What is the business term:

The total amount of money an employee receives before taxes and deductions.

• Gross pay

• Net pay

• Payroll

• Credit

What is the business term:

All of the shares into which ownership of the corporation is divided.

• Stock

• Bonds

• Capital

• Corporate