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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
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Which factors play a role in purchasing insurance? Check all that apply. the consumer’s age and current lifestyle the price of t
Hitman42 [59]

Answer: a,b,c, and e

Explanation:

4 0
3 years ago
The $1,000 par value bonds of uptown tours have a coupon rate of 6.5 and a current price quote of 101.23. what is the current yi
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4 0
3 years ago
Volvo is a well-known quality manufacturer of cars, trucks, and suvs. volvo dealers also provide financing to their customers. t
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8 0
3 years ago
Which of the following would most likely suffer the least from the costs of​ inflation?
Arturiano [62]

Answer:

B. Persons on fixed incomes.

Explanation:

Inflation is a general increase in prices and fall in the purchasing value of money, therefore, a person with a fixed income will not be affected.

8 0
3 years ago
Galen Company income under variable costing is $1,050,000. Fixed production costs in ending inventory are $300,000 and $250,000
lana [24]

Answer:

Income under absorption costing = $1,100,000

Explanation:

Marginal and absorption costing are two different methods to deal with fixed production overheads and and decide whether or not they are included in valuation of inventory.

<u>Valuation of inventory</u>

Opening and closing inventory are valued at variable cost under variable costing.  Whereas in absorption costing, opening and closing inventory are valued at full production cost (including fixed production overheads).

<u>Reconciling profits reported under two different methods</u>

When inventory levels increase or decrease during a period then profits will differ under absorption and marginal costing because of fixed production cost.

Net Income under absorption costing = Income under variable costing + fixed production cost in ending inventory – fixed production cost in beginning inventory

= $1,050,000 + $300,000 - $250,000

= $1,100,000

7 0
3 years ago
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