To calculate the Consumer Price Index between two years in Excel, take a sum of all the amounts spent on the basket of products over those two years. Then use the following formula to find the CPI ...
If your business makes investments in equipment and employee benefit contributions, you may need to track the average annual rate of return over a span of time for financial reporting obligations.
Understanding the predetermined overhead rate for your business is essential to pricing your product competitively and keeping your business operations in the black. Once you understand how much you ...