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1 year ago

Question is in the image below! please help!

Business

1 answer:

iogann1982 [59]1 year ago

6 0

Based on the discount offered by Next furniture, the discounted price of a sofa would be $669.33

<h3>What is the discounted price of the sofa?</h3>

This can be found as:

= Original price x (1 - discount rate)

Solving gives:

= 999 x (1 - 33%)

= 999 x 0.67

= $669.33

Find out more on discount rates at brainly.com/question/1385340.

#SPJ1

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On the basis of the following data taken from the Adjusted Trial Balance columns of the work sheet for the year ended March 31 f

max2010maxim [7]

Answer:

Banes Domino's Company

Closing Entries

Date Acct.No Account Debit Credit

9 Income Summary 329,000.00

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13 Depreciation Expense 25,000.00

14 Supplies Expense 9,500.00

15 Miscellaneous Expense 2,000.00

Expenses are closed to Income Summary Account.

10 Fees Earned 510,000.00

9 Income Summary 510,000.00

Revenue Accounts are closed to Income Summary Account.

9 Income Summary 181,000.00

Jack Banes, Capital 181,000.00

To close Income Summary Account

Jack Banes, Capital 47,000.00

Jack Banes, Drawing 47,000.00

To Close withdrawals account.

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3 years ago

What was ireland's greatest export during the 1840s?

Viefleur [7K]

People was the greatest export

8 0

2 years ago

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What is one of the most common mistakes salespeople make?

Damm [24]

Answer: Correct answer is D. Overselling

Explanation:

It’ll be annoying. People just want to hear about the product and what it does.

4 0

3 years ago

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New shale gas deposits are found in North Dakota :

lisabon 2012 [21]

Answer and Explanation:

When the deposits with respect to new shale gas found in north dakota so there would be the both shifts i.e. long run aggregate supply and the short run aggregate supply

And on the other hand when the hot weather would lead to less crop in the midwest so there should be the shift in the short run aggregate supply

Therefore the same would be considered and relevant too

3 0

2 years ago

The current stock price of Alcoa is $25, and the stock does not pay dividends. The instantaneous risk-free rate of return is 4%.

hichkok12 [17]

Answer:

≈66 shares

Explanation:

Given data:

Current price ( S ) = $25

strike price ( K ) = $30

risk free rate ( r ) = 4% = 0.04

Standard deviation ( std ) = 30% = 0.3

In( s/k ) = In ( 25/30 ) = -0.1827

t = 30 / 365

To determine the number of shares of stock per 100 put options to hedge the risk we will apply the relation below

Number of shares to hedge risk = | N(d1) - 1 | * 100 ----- ( 1 )

where :

$d1 = \frac{In(\frac{s}{k}) + ( r +\frac{std^2}{2})*t }{std\sqrt{2} }$

N(d1 ) = cumulative distribution function = 0.3394

back to equation 1 = 0.6606 * 100 = 66 shares

attached below is the remaining part of the solution

7 0

2 years ago