The table below gives the prices for three products (A, B, and C) for the four quarters

Question:

The table below gives the prices for three products (A, B, and C) for the four quarters of last year. Quarter A B C 1 3.25 1.75 8.00 2 3.50 1.25 9.35 3 3.90 1.20 9.70 4 4.25 1.00 10.50

a. Compute a simple index for the Quarter 4 price of product A, using Quarter 1 as the base period.

b. Compute a simple index for the Quarter 2 price of product B, using Quarter 1 as the base period.

c. Compute a simple composite index for the Quarter 4 price of all three products, using Quarter 1 as the base period.

d. Compute a simple composite index for the Quarter 4 price of all three products, using Quarter 2 as the base period.

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Ali Khawaja

my expertise are as follows: financial accounting : - journal entries - financial statements including balance sheet, profit & loss account, cash flow statement & statement of changes in equity -consolidated statement of financial position. -ratio analysis -depreciation methods -accounting concepts -understanding and application of all international financial reporting standards (ifrs) -international accounting standards (ias) -etc business analysis : -business strategy -strategic choices -business processes -e-business -e-marketing -project management -finance -hrm financial management : -project appraisal -capital budgeting -net present value (npv) -internal rate of return (irr) -net present value(npv) -payback period -strategic position -strategic choices -information technology -project management -finance -human resource management auditing: -internal audit -external audit -substantive procedures -analytic procedures -designing and assessment of internal controls -developing the flow charts & data flow diagrams -audit reports -engagement letter -materiality economics: -micro -macro -game theory -econometric -mathematical application in economics -empirical macroeconomics -international trade -international political economy -monetary theory and policy -public economics ,business law, and all regarding commerce

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