1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
egoroff_w [7]
3 years ago
8

The price of an automobile is now $8325 which is 450% of its price seven years ago. What was the price of the car seven years ag

o?
Business
1 answer:
Vsevolod [243]3 years ago
3 0
1850 is the price of the car 7 years ago
You might be interested in
6. The source document should be written in the
bogdanovich [222]
9 Letter C 8 c 7 d 6 a 8 b
3 0
3 years ago
Read 2 more answers
Homer wants to borrow money from the springfield bank to buy a trampoline. The bank requires collateral for loan what is collate
Minchanka [31]

Answer:

Collateral is a downpayment for the loan

Explanation:

Collateral is basically saying I'll give you what I have right now for this and when I get on my feet ill be able to pay you back then

5 0
3 years ago
Camp Elim obtains a $125,000, 6%, five-year installment note for a new camp bus on January 1, 2021. The note requires monthly in
kirza4 [7]

Answer:

Option (B) is correct.

Explanation:

The Journal entry is as follows:

Interest expense A/c Dr. $625

Note payable A/c       Dr. $1791.60

To cash                                            $$2,416.60

(To record the first month’s payment on January 31, 2021)

Working notes:

Monthly interest expense:

= (Note payable × Interest rate per annum) ÷ 12 months

= ($125,000 × 6%) ÷ 12 months

= $625

Note payable = $2,416.60 - $625

                       = $1,791.60

5 0
3 years ago
Students will write a thorough explanation of the impact of price ceilings would have on the field of medicine in the United Sta
melisa1 [442]

Answer: Price ceilings are beneficial to society, and are often necessary, in that they make sure that essential goods are financially accessible to the average person, at least in the short run. By lowering costs, price ceilings also have the beneficial effect of helping to stimulate demand, which can contribute to the health of an economy.

However, there can also be downsides to price ceilings. While they stimulate demand, price ceilings can also cause shortages. Where the ceiling is set, there is more demand than at the equilibrium price. This means that the amount of the good or service supplied is less than the quantity demanded.

For example: in agriculture, medicine, and education, many governments set maximum prices to make the needed goods or services more affordable. Producers may respond to such an economic situation by rationing supplies, decreasing production levels or lowering the quality of production, making the consumer pay extra for otherwise free elements of the good (features, options, etc.), and more.

Request: Can I please get brainliest

8 0
2 years ago
When Julie describes calculating the average number of cookies sold in​ February, she is describing an example of obtaining​ ___
IRINA_888 [86]
Information and Data
3 0
4 years ago
Other questions:
  • When comparing two distributions, it would be best to use relative frequency histograms rather then frequency histograms when?
    11·1 answer
  • In supplier selection, the main idea is to find the highest-quality materials available.
    10·1 answer
  • How does a country's business cycle generally affect the international trade balance?
    8·1 answer
  • The accounting book or computer program where each day's transactions are first recorded is called a:
    15·1 answer
  • Which activity is done in Step 2 of comparison shopping?
    14·1 answer
  • Definition of home trade​
    15·1 answer
  • Your firm spends $ 5 comma 200 every month on printing and mailing​ costs, sending statements to customers. If the interest rate
    11·1 answer
  • Select the correct answer.
    11·1 answer
  • Windsor Company leased equipment from Costner Company, beginning on December 31, 2019. The lease term is 5 years and requires eq
    5·1 answer
  • In which part of an interview would the interviewer ask questions that help accomplish the goal of the interview
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!