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4 years ago

A 10% increase in cigarette prices has been found to result in a _____ decrease of smokers.

Business

2 answers:

sweet-ann [11.9K]4 years ago

7 0

Answer: A 10% increase in cigarette prices has been found to result in a 4% decrease of smokers.

hope this helps (:

Reil [10]4 years ago

4 0

The correct answer is B - a 10% increase in cigarette prices has been found to result in a 4% decrease in smokers. This is just the figure for the overall nation though, for young people the figure is higher, and for children higher still.

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Slim made a single deposit of $5,000 in an account that pays 7.2% in 2015. What equal-sized annual withdrawals can Slim make fro

evablogger [386]

Answer:

annual withdrawals is $1,393.87

Explanation:

given data

Amount Deposited = $5,000

Annual Interest Rate = 7.2%

First withdrawal = 2020

last withdrawal = 2025

solution

we consider equal sized annual withdrawals = x

so we can say that Amount Deposited amount will be as

$5,000 = $\frac{x}{(1+0.72)^5} + \frac{x}{(1+0.72)^6} + \frac{x}{(1+0.72)^7} + \frac{x}{(1+0.72)^8} + \frac{x}{(1+0.72)^9} + \frac{x}{(1+0.72)^{10}}$ ..........1

we take common here $\frac{x}{(1+0.72)^{4}}$

$5,000 = $\frac{x}{(1+0.72)^{4}} \times ( \frac{1}{(1+0.72)^1} + \frac{1}{(1+0.72)^2} + \frac{1}{(1+0.72)^3} + \frac{1}{(1+0.72)^4} + \frac{1}{(1+0.72)^5} + \frac{1}{(1+0.72)^{6}} )$

solve it we get

x = $1,393.87

so that annual withdrawals is $1,393.87

7 0

3 years ago

Accounting Equation Shannon Cook is the stockholder and operator of Personality Shine LLC, a motivational consulting business. A

Neporo4naja [7]

Answer:

a. Stockholders' equity as of December 31, 2017: $635,000

b. Stockholders' equity as of December 31, 2018: $524,000

Explanation:

Please find the below for detailed explanation and calculations:

We have the Accounting Equation as: Total Asset = Total Liabilities + Total Equity <=> Total Equity = Total Asset - Total Liabilities

Applying the Accounting Equation to find the Stockholder's Equity at the two point of time require, we have the calculation as below:

* December 31, 2017:

Total Asset = $836,000; Total Liabilities = $201,000

=> Total Stockholder's Equity = $836,000 - $201,000 =$635,000

*December 2018:

Total Asset = $836,000 - $159,000 = $677,000; Total Liabilities = $201,000 - $48,000 = $153,000

=> Total Stockholder's equity = $677,000 - $153,000 = $524,000

3 0

3 years ago

Adrienne has several receipts from recent transactions that she entered in her records. The receipts include an ATM receipt for

madreJ [45]

I think it's "Adrienne did not enter her ATM withdrawal correctly"

8 0

4 years ago

Read 2 more answers

If a payment is directly deducted from your account, which type of card are you using?

larisa [96]

Debit Card im pretty sure

5 0

3 years ago

Read 2 more answers

It is estimated that 100,000 fans will attend a football game. Forty-two percent of them will not be able to park at the stadium

egoroff_w [7]

The answer is: 30 Trips

Total fans = 100,000

The amount of fans that need satelite parking

= 100,000 x 42%

= 42,000 fans

There are 20 buses and each of them can carry 70 fans in one trip. So the maximum number of fans that all of them can carry in one trip:

= 70 x 20

= 1400 fans

Total trips that each bus need to take all fans to stadium

= 42,000 / 1400

= 30 trips

4 0

4 years ago