3 years ago

Oil refinery and sugar mill are classified under which industries?

Business

1 answer:

kvasek [131]3 years ago

3 0

Answer:

Secondary industries

Explanation:

They are secodary indstries because their raw materials.

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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

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1850 is the price of the car 7 years ago

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2 years ago

Equipment with a book value of $84,000 and an original cost of $167,000 was sold at a loss of $34,000. Paid $109,000 cash for a

adoni [48]

Answer:

$443,400

Explanation:

The computation of cash flows from investing activities is shown below:-

For computing the cash flows from investing activities we need to find out first the Sale of equipment

= $84,000 - $34,000

= $50,000

Net cash paid by investing activities = Sale of equipment - Purchase of new truck + Sale of land + Sale of Long-term investments

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2 years ago

According to U.S. GAAP, asset retirement obligations are ________.

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Answer:

D) long-term legal requirements to restore property

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2 years ago

Why can wholesalers afford to offer trade discounts?

wariber [46]

Answer:

Wholesalers buy products from manufacturers at a lower price than other businesses because they receive discounts for volume buying.

Explanation:

I have no explanation really to say. Thats just the answer.

5 0

3 years ago

enrique borrowed $3600 to put a down payment on a motorcycle. the loan had a simple interest rate of 8% for 2 years. use the fo

Rudik [331]

Answer:

The amount of interest is $576.

Step by step explanation :

Given : Enrique borrowed $3600 to put a down payment on a motorcycle. The loan had a simple interest rate of 8% for 2 years.

To find : The amount of interest he will pay on the loan.

Solution : Using the formula,

$I=P\times R\times T$

Where, I= Interest , P=principal , R= rate, T=time in years

We have given that :

P=$3600

R=8%=0.08

T=2 years

Substitute value in the formula to find interest,

$I=P\times R\times T$

$I=3600\times 0.08\times 2$

$I=576$

Therefore, The amount of interest is $576.

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2 years ago