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olchik [2.2K]
3 years ago
15

The registration fee for a used car is 0.8% of the sale price, which is $5,700.How much is the fee? *

Business
1 answer:
insens350 [35]3 years ago
7 0

Answer:

The registration fee for this used car is $45.60.

Explanation:

Since the sale price of the used car is $5,700, to calculate the registration fee, simply multiply the selling price by the registration rate of 0.8% (0.008):

F = 5,700 * 0.008

F= $45.60

The registration fee is $45.60.

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Detailed balance sheet is attached .

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The government increases taxes. What might be a reason for this change in fiscal policy?
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A; a deficit due to improving nationwide public transportation. Surplus in this case means that we have left over money.
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Suppose the required reserve ratio is 20 percent, and the Fed buys $1 million worth of bonds from the public. If the public depo
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Answer:

Increase directly by $1 million and an additional lending capacity of $4 million will be created for the banking system.

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The formula for increase in money supply is

Increase in money supply = (1 / Required reserve ratio) * Excess reserve.

Now, we have, required reserve ratio of 20%.

That means, out of $1 million deposit, required reserve = ($1,000,000 * 0.20) = $200,000.

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Total Reserve = $1,000,000 and required reserve = $200,000.

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That means,

If the public deposits this amount into transactions accounts, the money supply will:

Increase directly by $1 million and an additional lending capacity of $4 million will be created for the banking system.

7 0
3 years ago
The company would like to initiate an intensive advertising campaign in one of the two market segments during the next month. Th
Anarel [89]

Answer:

Advertising Campaigns form part of Indirect Costs in an Income Statement.

It could be described as Marketing Costs, Adverts Costs or Adverts and promotion Costs. They all represent the same thing.

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Explanation:

1. Implementation of Advert in the Medical Market

Increased Sales projections $49,000

Less Advert Costs -$5,600

Changes to company's Profit $43,400

2. Implementation of Advert in the Dental Market

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3. Going by the changes in Company Profit

The advertisement in the Medical Market yields a better profit. i would recommend advertising in the Medical Market

7 0
2 years ago
According to growth accounting studies, investing in research and education Group of answer choices is the best way to achieve g
kobusy [5.1K]

According to growth accounting studies, investing in research and education is the best way to achieve greater technological progress.

<h3 /><h3>What is growth accounting?</h3>

It corresponds to a metric to identify which are the factors that most impact economic growth, also finding the rate of technological progress of a business.

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