The Table Below Shows the Prices in $ and Quantities

question 3

Multiple Choice

The table below shows the prices in $ and quantities (thousands) for five specialized electronic components for 2000 and 2016. If the Paasche price index for 2016 using 2000 as base year is 137.75,then P = ______.

• A) 4.75
• B) 4.88
• C) 5.23
• D) 5.67
• E) 5.72

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Definitions:

Capital Assets

Long-term assets acquired or owned by a company or individual, anticipated to be used for more than one year, and intended for the operation or investment purposes.

Government-Owned Landfill

A waste disposal facility owned and operated by a governmental entity for the management of trash and recyclables.

Accrued

Expenses or revenues that have been incurred but not yet recorded in the company's accounts during the accounting period.

Pro-Rated Basis

The allocation of amounts or costs in proportion to some factor, such as time or usage.