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VLD [36.1K]
3 years ago
6

The city wants to pave the road in front of Sam Smith's house. Sam has 110 front feet. The cost to pave is $35 a linear foot and

the city will pay 25% of the paving. What is Sam's cost?
Business
1 answer:
Anna71 [15]3 years ago
4 0

Answer:

$1,443.75

Explanation:

The total cost for paving Sam's portion of the road = $35 per linear foot x 110 front feet =  $3,850

If the city is going to pay 25% of the total cost, then it will pay $962.50, that would leave a total of $2,887.50 to be paid between Sam and his front neighbor. So Sam's share = $2,887.50 / 2 = $1,443.75

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Step2247 [10]

Answer:

The interest rate is "21.999%".

Explanation:

The given values are:

Amount lent,

= 10,000

Amount repaid,

= 27,027

Years (n),

= 5

As we know,

⇒  Amount \ repaid = Amount \ lent\times (1+r)^n

On substituting the given values, we get

⇒                27,027=10,000\times (1+r)^5

⇒                  \frac{27,027}{10,000}=(1+r)^5

⇒                 2.7027=(1+r)^5

⇒                 1+r = (2.7027)^{(1/5)}

⇒                 1+r=1.21999

On subtracting "1" from both sides, we get

⇒          1+r-1=1.21999-1  

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⇒                      r=21.999 \ percent

5 0
3 years ago
*E21.23 (LO 5) (Sale-Leaseback) Assume that on January 1, 2020, Elmer's Restaurants sells a computer system to Liquidity Finance
Dennis_Churaev [7]

<u>Solution and Explanation:</u>

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January 1, 2017  Cash/Liquidity Finance Co.  680000    

 Computer system                                             600000  

 Profit on sale of computer system              80000  

To record the sale of computer systems          

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To record the first lease rental of the lease                  Journal entries in the books of lesser(Liquidity Finance Co.)    

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Date  General Journal                                          Debit  Credit  

January 1, 2017  Computer system           680000    

 Cash/Elmer's Restaurants                            680000  

To record the purchase of computer systems        

January 1, 2017  Cash                               115970    

 Lease Rental Income                                             115970  

To record the first receipt towards lease rental of the lease      

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To record the depreication expense for the year    

 

5 0
3 years ago
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Ada Inc. stopped its production of oral care goods after determining apparel production to be its new primary objective, which is a direct result of the <u>c. </u><u>strategic planning process</u> at Ada Inc.

<h3>What is the role of strategic planning?</h3>

Strategic planning provides long-term direction to an organization's decision-makers.

Strategy planning helps the organization's leaders define their vision for the future and to marry their organization's goals and objectives with available and future resources.

The elements captured in strategy planning include the organization's vision, mission, SWOT analysis, core values, goals, objectives, and action plans.

Strategy planning remains a mere planning process until the formulated strategies go through these stages: formulation, implementation, successful outcomes, and evaluation.

Thus, at Ada Inc., there is an ongoing strategic planning process.

Learn more about the strategic planning process at brainly.com/question/17924318

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<h3>Question Completion with Answer Options:</h3>

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Answer:

Explanation:

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In the context of changing existing attitudes, when giving attitude-improving feedback to an employee, one should?
NeX [460]

when giving attitude-improving feedback to an employee, one should should deal with descriptions rather than judgements. This allows the person to have a detailed account of his/her attitude.

Judgements will raise critics and bias which will not help improve the attitudes of employees but rather cause stress and also affect their self esteem thereby affecting the work performance and decline in delivery.

On the other hand being descriptive is more optimistic and the employees can easily acknowledge their attitudes and take in account.

brainly.com/question/28504315

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4 0
1 year ago
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