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bekas [8.4K]
3 years ago
10

Which of the following is a good example of inflation? O A. You work three jobs in order to pay your bills. It cost you $85 to g

as up your car this month. But last month it on you $50 O B.
Business
1 answer:
BlackZzzverrR [31]3 years ago
7 0

It cost you $85 to gas up your car this month. But last month it cost you $50. This is inflation

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Karen and Mike currently insure their cars with separate companies, paying $400 and $600 a year. If they insured both cars with
Papessa [141]

Answer:

$1,720

Explanation:

Total annual premium for both Karen and Mike = $400 + $600 = $1,000

If they insured both cars with the same company, they would save 15% on the annual premiums -> the annual saving = 15% * $1,000 = $150

We use formula FV to calculate the future value of annual payment:

= FV(rate, number of payment, - payment) = FV(3%,10,-150) = $1,720

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3 years ago
The following book and fair values were available for Westmont Company as of March 1.
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Answer:

DR Inventory                                        $609,000  

     Land                                                 $1,086,750  

     Buildings                                         $2,138,250  

     Customer Relationships                $842,250  

     Goodwill                                           $965,750  

CR Accounts Payable                                           $102,000  

       Common Stock                                                       $56,400

       Additional Paid-In Capital                                     $1,353,600

        Cash                                                                       $4,130,000

Working

Common Stock = 28,200 shares * $2 = $56,400

Additional Paid in Cap = 28,200 shares * ( 50 - 2) = $1,353,600

DR Additional Paid-In Capital                            $32,400

CR Cash                                                                                $32,400

DR Professional Services Expense                   $49,800

CR Cash                                                                                $49,800

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3 years ago
The scientific method begins with
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C, The identification of a problem for investigation

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Complete the following sentence as it
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What skills does being an accessory designer require that being a sales representative does not?
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The accessory designer is required to actually design accessories with their knowledge of fadhion, while the sales representative only needs the ability to sell the accessory.
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