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3 years ago

Describe the growth and development of the rail industry and what impact it had

1 answer:

3 0

By providing a means for reliable transportation, the railroads made the regular shipping of manufacturing supplies and manufactured goods in mass quantities possible.<span> As a result, the railroads laid the groundwork for the Industrial Revolution through providing a foundational need in the development of industry.</span>

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A store manager predicts that 80 hats will be sold if each hat costs $15. The manager predicts that 3 less hats will be sold for

Ierofanga [76]

Answer:

$25

Explanation:

Data provided in the question:

Initial cost of each hat = $15

Initial number of hats sold = 80

3 less hats will be sold for every $1 increase in price

Thus,

For at least 50 hats to be sold, the store manager can increase the price such that maximum 30 less hats are sold

Therefore,

maximum increase in price = Maximum number of less hats ÷ Number of hats sold less for $1 increase

= 30 ÷ 3

= $10

The prices that the manager can predict that at least 50 hats will be sold will be

= $15 + $10

= $25

8 0

3 years ago

It's the end of the accounting period and no electric bill has been received (but expense has been incurred. ; you should record

Sati [7]

You should make note of the fact that no bill was received but you did make the payment.

8 0

3 years ago

Read 2 more answers

you are purchasing a used car and will make 5 annual payments of $3,500 starting one year from today. if your funds could be inv

Jet001 [13]

The present value of the car is $13,614 for funds invested at 9% and annual payments of $3,500 starting one year from today.

Using the Excel Present Value formula, which reads as follows, one can calculate the car's present value:

The formula is PV (rate, n per, PMT, fv, type)

where as,

After that rate is 9%

In that case, n per is equal to 5 years.

The PMT now requires $3,500 in annual payments.

FV then stands for Future Value, which is not provided.

But Type is 0

Then we are putting the values of annual payments above:

Now put the value is = PV(9%,5,-3500,0)

After that = $13,613.78 or $13,614

Consequently, the car's present value is $13,614 in total.

learn more about Present Value here

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4 0

1 year ago

drag the tiles to the correct boxes to complete the pairs. compare the sources of consumer credit travel and entertainment credi

lesya [120]

Travel and Entertainment Credit - Consumers use cards with no interest and non-revolving balance.
Revolving Check Credit - Consumers use prearranged loan using special checks.
Closed-End Credit - Consumers pay off dept and credit is automatically renewed.
Revolving Credit - Consumers take out a loan with a repayment date and have a specific purpose.

<h3>What is meant by Consumer Credit?</h3>

Consumer credit refers to debt incurred by an individual to pay for products and services. An example of consumer credit is a credit card.

Consumer credit might refer to any sort of personal loan, although it is more frequently used to denote unsecured debt that is incurred to pay for regular products and services. Consumer debt can, however, also refer to secured loans like mortgages and auto loans.

Installment credit is given for a predetermined time period and is utilized for a specified purpose.

Open-ended revolving credit is a type of loan that can be applied to any kind of transaction.

To learn more about consumer credit from given link

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4 0

1 year ago

When marketing managers looks for a relationship between past sales and one or more independent variables, such as population, p

Volgvan

When marketing managers looks for a relationship between past sales and one or more independent variables, such as population, per capita income, or gross domestic product, they are engaging in regression analysis.

<u>Explanation:</u>

An effective mathematical formalism which enables one to analyze the interaction among two or more interest factors is understood as a regression analysis. While there are several forms of regression analysis, they all analyze the effect of one or more independent variables on a dependent variable at their source.

The linear association among two variables is defined using correlation. Regression is then used to match the best line and predict one variable based on another variable. Regression, then, represents the effect on the dependent variable of the unit shift in the independent variable.

5 0

3 years ago