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lana66690 [7]
3 years ago
11

The original price of a television is $500 you have a coupon for 25% off excluding tax what is the cost of the tv

Business
1 answer:
ch4aika [34]3 years ago
6 0
Original price = $500

Assume that the tax rate is 8%
Cost of the TV plus tax = 500*1.08 = $540
Worth of the 25% coupon = 0.25*540 = $135
Reduced price = 540 - 135 = $405

The cost of the TV with a coupon for 25% off excluding tax is $405.

Answer: $405

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7 0
3 years ago
Under what circumstance would agency conflict be most likely to increase? When owners are very close to the business. When owner
IRINA_888 [86]

Answer:

When owners are separated from the business

Explanation:

Agency conflict arises when ownership is separated from management and management have to take decision to maximize wealth of owner instead of themselves.

Hence when owners are separated from the business is the correct answer.

7 0
3 years ago
Emmett, an agent for Fridley, signs an agreement with Grover on Fridley's behalf but neglects to tell Fridley that the agreement
Mariulka [41]

Answer:

Option A. Liable, because notice to Emmett is notice to Fridley.

Explanation:

The reason is that the principle is liable for the outcome of the Emmett actions in the principle's behalf. So it is clear that Fridley is liable. The agent have to work in the best interest of its principal which means that the failure to notify the additional tax liability to Fridley was part of agent's fiduciary duty. This means that the principle can sue its agent for the consequences of not placing the sufficient care to its principle.

The Fridley is also responsible because Emmett is acting as Fridley which means the notice to Emmett is actually notice to Fridley.

6 0
3 years ago
Read 2 more answers
Ursula wants to buy a $19,000 used car. She has savings of $2,000 plus an $800 trade-in. She wants her monthly payments to be ab
kow [346]

Answer:

Explanation:

Ursula needs $19,000 or in other words FV (Future value)

She has savings of $2000 and trade in of $800 or in other words she has $2800. She needs to borrow $16200 (19000-2800)

Also, she wants monthly payment to be $282. To find which answer fits best, let's check each of them.

A) APR =78% or mothly rate of 78/12 = 6.5%; 48 months

Using financial calculator:

Rate = 6.5%

n = 48

PV = $16200

Find PMT? PMT = 11068

This is not the right answer

B) APR = 78%, monthly rate=6.5%

n = 60

PV = $16200

Find PMT? PMT = 1077.6

This is not the right answer

C) APR = 7.8%; monthly 0.65%

n =72

PV = $16200

Find PMT? PMT = 282.4

This is the correct option

Answer is - C

6 0
3 years ago
Read 2 more answers
Hal and Gavin are siblings who own a mattress recycling company. Demand has been increasing for their services and the brothers
Yakvenalex [24]

I think it's A. They decide to open a mattress drop off site, downtown, because the marginal, cost of the new location is less than the other projects.

4 0
3 years ago
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