Table 13-11 -Refer to Table 13-11

question 117

Multiple Choice

Table 13-11
$\begin{array}{|l|r|r|r|r|r|}\hline &\text { Ouantity } & \text { Price } & \text { Expenditure } & \text { Price }& \text { Expenditure (on base year} \\\text { Product } & \text { (2013) } & (2013) & {(2013) } & \text { (2018) } & \text { quantities) (2018) } \\\hline \text { Hair cuts } & 6 & \$ 50 & \$ 300 & \$ 70 &\$ 420 \\\hline \text { Backpacks } & 4 & 25 & 100 & 30 &120 \\\hline \text { Tacos } & 100 & 1 & 100 & 5 & 500\\\hline \text { Total } & & & \$ 500 & &\mathbf{\$ 1 , 0 4 0}\\\hline\end{array}$
-Refer to Table 13-11.Suppose an economy has only three goods and the typical family purchases the amounts given in the table above.If 2013 is the base year,then what is the CPI for 2018?

• A) 40.08
• B) 100
• C) 180
• D) 208

Recognize the significance and reporting of noncash investing and financing activities.

Calculate specific cash flow amounts, such as cash received from the sale of equipment or dividends received.

Understand how the cash flow statement is affected by changes in inventory, accounts receivable, and accounts payable.

Interpret the cash flow on total assets ratio to evaluate company performance.

---

Definitions:

Childhood Memories

Recollections of past events and experiences from one's early years, often having a lasting impact on an individual's identity and psychological development.

Memory Trace

A term describing the physical or chemical changes that take place in the brain during the formation of a memory.

Anterograde Amnesia

An inability to form new memories following an event that caused the amnesia, even though recall of past events may be unaffected.

Retrieval Failure

The inability to recall information from the memory storage despite it being available and stored.