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GuDViN [60]
3 years ago
8

In 1981 the average tuition for one year at a certain state school was $1,800. Thirty years later, in 2011, the average cost was

$13,700.
What was the growth rate in tuition over the 30-year period?
Business
2 answers:
kolezko [41]3 years ago
5 0

Answer:

5%

Explanation:

Ronch [10]3 years ago
4 0

Answer:

growth rate in tuition over the 30-year period = 661.11 %

Explanation:

Growth rates is define as the proportional change of a specific variable over a specific period of time, with reference to an earlier period. It is used to measure the cooperativeness of a system or a economy.

Growth rates =( final value- initial value)/ initial value * 100

Growth rates = ($13,700 - $1,800)/$1,800 *100

=661.11 %

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Financial statement data at December 31 for Ecco Company are as follows: Cost of goods sold $552,500 Inventories: Beginning of y
Marrrta [24]

Answer:

The answer is D.

Explanation:

Number of days' sales in inventory is the average number of days that a company will take to sell of its inventory within the year. It tells us the number of days funds are tied up in inventory.

The formula is (average inventory/cost of sales) x 365days.

Average inventory =

($200,000 + $140,000) ÷ 2

$170,000

Therefore, Number of days' sales in inventory is

($170,000/$552,500) x 365days

=112.3 days

7 0
3 years ago
Which of the following is a characteristic of a current liability?
QveST [7]

Hey Friend.

A is the answer.

Current liability represent debts that will be repaid within a year. e. g. Accounts payable (creditor), bank overdraft, expenses owing, prepaid revenue.

4 0
3 years ago
Purchasing a product or service from an outside contractor that had been previously provided internally is called A. outsourcing
natka813 [3]

Answer: A outsourcing

Explanation:

Outsourcing is the business practice of employing an outsider to a company to execute a project such as provision of goods and services which is initially being produced by the same company.

4 0
3 years ago
Read 2 more answers
Where do good ideas come from.
g100num [7]

Past experiences current experiences. ur brain

7 0
3 years ago
Read 2 more answers
Dinham Kennel uses tenant-days as its measure of activity; an animal housed in the kennel for one day is counted as one tenant-d
kakasveta [241]

Answer:

$541 Unfavorable

Explanation:

Flexible budget for food and supplies = Fixed expenses + (Actual activity * Variable cost per tenant day)

Flexible budget for food and supplies = $1,600 + (3,740 * $14.10)

Flexible budget for food and supplies = $1,600 + $52,734

Flexible budget for food and supplies = $54,334

Spending variance = Actual results - Flexible budget

Spending variance = $54,875 - $54,334

Spending variance = $541 Unfavorable

4 0
3 years ago
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