Use the table below to calculate the CPI in 2007.Assume the base year is 2007 and the cost of the market basket in the base year is $275.50. 
The CPI in 2007 is
Definitions:
Sales
The total amount received from selling goods or services over a given period.
Residual Income
The income that exceeds the minimum required return on an investment or business segment.
Residual Income
The amount of income that exceeds the minimum rate of return expected on a project or investment.
Required Rate Of Return
The minimum annual percentage return an investor expects to achieve by investing in a particular asset or project.
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