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Arturiano [62]
3 years ago
7

Clarence lives in Maine, which has a sales tax of 5%. He just bought a digital camera whose full price was $725, but after sendi

ng in a rebate form, he later received a check in the mail for $125. What was the total amount that Clarence ended up paying after receiving the rebate?
Business
1 answer:
Doss [256]3 years ago
4 0

Answer:

=$600

Explanation:

Full price refers to the highest amount payable, or the total amount to be paid. Clarence must have paid the full paid which was $725.

A rebate is promotions discount given by the manufacturer. It is enjoyed by way of claiming after purchase.  By filling the rebate forms , Clarence was claiming the discount entitled to her. She got a check of $125.

Her final expenditure on the camera  was $725- $125= $600

=$600

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Answer:

YTM = 6.42%

Explanation:

current market value = $1,000 x 98% = $980

n = (15 - 2) x 2 = 26

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face value = $1,000

YTM = [coupon + [(face value - market value)/n]} / [(face value + market value)/2]

YTM = [31 + [(1,000 - 980)/26]} / [(1,000 + 980)/2]

YTM = (31 + 0.77) / 990 = 31.77 / 990 = 0.03209 x 2 (annual yield) = 0.641818 = 6.42%

5 0
2 years ago
________ often assist companies and their employees with ethical issues by formally addressing contributions to government offic
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Answer: Code of ethics

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It assists the organizations and its members to understand the difference between right and wrong, and helping them to make ethical decisions.

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4 0
3 years ago
The legal definition of "small business" varies by country and by industry. In the United States, the Small Business Administrat
tamaranim1 [39]

Answer:

Leasing as a capital financing is an alternative for small business for three important reasons: better technology, better capital management and tax incentives.

Explanation:

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2. Better capital management.

Buying machinery is a capital-intensive activity. Leasing let use the same machinery by less amounts of money and invest capital in other useful activities for the organization.

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Leasing is  tax deductible. Reducing the fiscal pressure over the small business.

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3 years ago
Suppose a country without any international trade opens its borders to international trade. after specialization how will its lo
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3 years ago
The next dividend payment by Hot Wings, Inc., will be $4.25 per share. The dividends are anticipated to maintain a 3 percent gro
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Answer:

10.20%

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