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Oksi-84 [34.3K]
2 years ago
13

According to the Census Bureau, in October 2016, the average house price in the United States was $28,358. 5 years earlier, the

average price was $20,908. What was the annual increase in the price of the average house sold
Business
1 answer:
NARA [144]2 years ago
6 0
28,358 - 20908 = 7450
7450 divided by 5 = 1490
The annual increase was 1490 per year
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Answer:

The right answer is option (D).

Explanation:

According to the scenario, the most appropriate answer is option (D) because systematic study can be defined as the study of social relationships and behavior and making a decision on the basis of data collected.

While the other options are not that appropriate because of the following reasons:

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3 years ago
Calamata Corporation processes a single material into three separate products A, B, and C. During September, the joint costs of
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Answer:

20%

Explanation:

Gross profit is the net of sales and cost of sales. Gross Profit percentage is the ratio of gross profit to sales expressed as percentage.

Product Units Produced Final Sales Value per Unit Separate Costs

   A             10,000                    $25                                  $125,000

   B             15,000                    $30                                  $250,000

   C            <u> 12,500 </u>                  <u> $24 </u>                                <u> $125,000</u>

Total           37,500                                                            $500,000

Sales Value

A (10,000 x $25)      $250,000

B (15,000 x $30)      $450,000

C (12,500 x $24)      <u>$300,000</u>

Total Sales Value                       $1,000,000

Less

Joint Cost                                  ($300,000)

Separable cost                         <u>($500,000)</u>

Gross Profit                               $200,000

Gross Profit Percentage = ( $200,000 / $1,000,000 ) x 100 = 20%

8 0
3 years ago
When an employer takes the time to explain a mistake you have made and provides suggestions for avoiding that same mistake in th
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To help you not make that mistake again by giving you the help you need
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The indirect financial and nonfinancial payments employees receive for continuing their employment with a company are called ___
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Benefits is the correct answer
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Answer:

Results are below.

Explanation:

<u>The depreciable cost is the result of deducting from the purchase price the salvage value:</u>

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Depreciable cost= 56,000 - 8,000

Depreciable cost= $48,000

<u>The depreciable rate is the depreciation that the asset suffers in one year express as a percentage:</u>

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Depreciation rate= 1/5 = 0.2 or 20% per year

<u>Finally, the units of production depreciation for the first year:</u>

Annual depreciation= [(original cost - salvage value)/useful life of production in copies]*number of copies

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Annual depreciation= 0.048*240,000

Annual depreciation= $11,520

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3 years ago
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