1)
price relative | divide each cell value with base period and multiply by 100: |
Jan | march | |
A | 78.6 | 71.4 |
B | 75.4 | 73.1 |
C | 82.5 | 73.8 |
D | 32.5 | 23.8 |
Ijan | = | 74.7 |
IMar | = | 70.0 |
2)
Price relative =2009 price/2000 Price |
Price relative | |
Halibut | 116.8 |
Lobster | 85.4 |
Tuna | 105.3 |
I2009 =((Σptqo/(Σpoqo))*100= | 97.2 |
seafood prices have decreased by 2.8 % over the 9 year period.......
Boran Stockbrokers, Inc., selects four stocks for the purpose of developing its own index of stock...
Boran Stockbrokers, Inc., selects four stocks for the purpose of developing its own index of stock market behavior. Prices per share for a year 1 base period, January year 3, and March year 3 follow. Base-year quantities are set on the basis of historical volumes for the four stocks. Stock Industry Year 1 Quantity Price per Share ($) Year 1 Base January Year 3 March Year 3 A Oil 100 33.50 20.75 22.50 B Computer 150 65.00 49.00 45.50 C...
Boran Stockbrokers, Inc., selects four stocks for the purpose of developing its own index of stock market behavior. Prices per share for a year 1 base period, January year 3, and March year 3 follow. Base-year quantities are set on the basis of historical volumes for the four stocks. Price per Share ($) Year 1 Stock Industry Quantity Year 1 January March Base Year 3 Year 3 A Oil 100 33.50 20.75 22.50 B Computer 150 65.00 49.00 49.50 с...
Suppose seafood price and quantity data for the years 2000 and 2009 follow. Use 2000 as the base period. Seafood 2000 Qty. (lb) 2000 Price ($/lb) 2009 Price ($/lb) Halibut 75,290 2.01 2.23 Lobster 83,180 3.52 3.09 Tuna 50,779 1.87 1.97 (a) Compute the index number (price relative) for each type of seafood. (Round your answers to one decimal place.) Seafood Price Relative Halibut Lobster Tuna (b) Compute a weighted aggregate price index for the seafood catch. (Round your answer...
Suppose seafood price and quantity data for the years 2000 and 2009 follow. Use 2000 as the base period Seafood2000 75,290 83,280 50,779 2000 2009 Qty. (Ib) Price ($/lb) Price ($/Ib) 2.23 3.09 1.97 Halibut Lobster Tuna 2.01 3.72 1.87 (a) Compute a price relative for each type of seafood. (Round your answers to one decimal place.) Seafood Price Relative Halibut 110 Lobster83 Tuna 105.3 (b) Compute a weighted aggregate price index for the seafood catch. (Round your answer to...
A certain manufacturing company has the following data on quantities shipped and unit costs for each of its four products. Mean Shipping Cost per Unit ($) Products Base-Period Quantities (Year 1) Year 1 Year 5 A 1,500 10.50 15.90 B 5,000 16.25 31.00 с 7,000 12.20 18.40 D 2,500 20.00 35.50 Use the price data to compute a Paasche index for the shipping cost if year 5 quantities are 3,500, 3,000, 7,500, and 3,000 for products A, B, C, and...
The following table shows the prices and quantities consumed by a family of four for selected food commodities for 2000 and 2016. Use year 2000 as the base period 2000 2016 Commodity Price Quantity Price Quantity Ground beef (lb) $1.39 80 Milk (gallon) 1.69 100 2.75 120 Cookies (dozen) 1.29 95 Steak (pound) 4.99 50 $2.09 110 2.59 100 9.49 40 a) determine the simple index for steak for 2016 b) compute the simple average of the price relatives, use...
You are given the following information regarding prices for a sample of stocks. PRICE Stock Number of T T + Shares 1 3,700,000 $66 $84 10,000,000 28 42 29,000,000 19 30 a. Construct a price-weighted index for these three stocks, and compute the percentage change in the index for the period from T to T + 1. Do not round intermediate calculations. Round your answer to two decimal places. % b. Construct a value-weighted index for these three stocks, and...
You are given the following information regarding prices for a sample of stocks. PRICE Stock Number of Shares T T + 1 A 1,000,000 $68 $88 B 10,000,000 30 42 C 25,000,000 25 37 Construct a price-weighted index for these three stocks, and compute the percentage change in the index for the period from T to T + 1. Do not round intermediate calculations. Round your answer to two decimal places. % Construct a value-weighted index for these three stocks,...
The following three defense stocks are to be combined into a stock index in January 2016 (perhaps a portfolio manager believes these stocks are an appropriate benchmark for his or her performance): Suppose that Douglas McDonnell shareholders approve a 3-for-1 stock split on January 1, 2017. Price Shares (millions) 1/1/16 1/1/17 1/1/18 Douglas McDonnell 545 $ 80 $ 83 $ 98 Dynamics General 460 70 63 77 International Rockwell 190 99 88 91 a. What is the new divisor for...
The following table reports prices and usage quantities for two items in 2009 and 2011. (Round your answers to the nearest integer.) Quantity Unit Price ($) Item 2009 2011 20092011 A 1,500 1,600 8.507.25 4 2 650.00 1,500.00 (a) Compute price relatives for each item in 2011 using 2009 as the base period Item Price Relative (b) Compute an unweighted aggregate price index for the two items in 2011 using 2009 as the base period 2011 (c) Compute a weighted...