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Rashid [163]
3 years ago
6

Noa was paid a 25 percent commission for selling a used car. Percents Total 100% If she was paid $1,631.24, what was the selling

price of the car?
Business
2 answers:
Rama09 [41]3 years ago
8 0
If Noa was paid 25% the equivalent of $1631.24, then what is the total selling price of the used car? Let us consider that 25% is the 4th part of 100% (1/4). So from the given amount of $1631.24,  which in this case was the 25% commission paid to her, let us multiply the amount to 4 that will give us; 

1631.24 x 4 = 6524.96

So, we may conclude that the total selling price of the car is $6524.96, or we can simply take the process of getting the percentage of one amount by reversing the process. Here is an example; if we are to get the 25% of the total amount of 6524.96 then it should be written this way:

6524.96 x 25 = 163,124 then click on the symbol % will give you 1631.24 as a result. However, in some cases that you cannot find the symbol % then we can compute it this way: 6524.96 x .25 = 1631.24. Yet in this case, the given is 25% then we'll just have to reverse the formula like this: 

1631.24 / .25 will give us the amount of the total selling price, $6524.96




Goryan [66]3 years ago
5 0
If $1,631.24 is 25% than the selling price of the car would be exactly $6,524.96
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Answer:

b.The IRR is equal to 25.85%

Explanation:

Firstly we are given that i consider investing $100000 which will in this problem be our Cinitial which is the initial investment for the project.

Then now given the risk of this project, my cost of capital is 20% so then we will compare this to the IRR and see if i can accept the project or not if the cost of capital is greater than the IRR than its not good to invest on the project but if the cost of capital is less than the IRR then the this will be a good investment as the cost of capital also checks the opportunity cost.

The future payment cash flows which is $500000 so we will use the following formula:

NPV = (cash flow)/(1+IRR)^n     - initial investment

so we find the present value of the cash flow of the investment and subract the initial investment which will give us a zero cause the present value of the cash flow is equal to the initial investment therefore( n is the period of cash flows):

0= $500000/(1+IRR)^7    - $100000 transpose the initial investment and solve for IRR.

$100000(1+IRR)^7= $500000 then divide both sides by $100000

(1+IRR)^7 =  5          then find the 7nth root of both sides to eliminate the exponent of 7

1+ IRR = \sqrt[7]{5}

1+IRR = 1.258498951 then subtract 1 both sides to solve for IRR

IRR = 0.258498... then multiply by 100 as IRR is a percentage

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3 years ago
The costs and revenues associated with two alternatives are listed below:
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Answer:

The correct option is A,alternative 2 because it has a higher profit

Explanation:

The profit analysis of both alternatives is done below:

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Projected revenue                   $100,000             $125,000

Costs:

unit level costs                         $20,000                $30,000

Batch-level costs                      $20,000                $25,000

Product-level costs                   $15,000                 $15,000

facility-level costs                     $10,000                  $10,000

total costs                                  $65,000                 $80,000

Profit(revenue-total costs)        $35,000                 $45,000

The correct answer is option A,as option 2 has a higher profit of $45,000 compared to alternative 1 of $35,000

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