Answer:
Stocks can have negative growth rates.
Explanation:
The growth rate of stocks can be negative zero and positive. Hence, it is not necessary that the growth rate should be constant. Hence, the correct option in the following statement is "<u>Stocks can have negative growth rates"</u>
Answer:
$59.5
Explanation:
Data provided;
The price of the X-Box = $400.00
layaway fee = 5%
Down payment = 15%
Now,
The total cost of the X-Box = $400.00 + 5% of $400.00
or
= $400.00 + 0.05 × $400.00
= $400 + $20
= $420
The amount of down payment = 15% of $420
= 0.15 × $420
= $63
The amount left after down payment = $420 - $63
= $357
Therefore,
The weekly payment = 
= 
= $59.5
Answer:
Taking Care Of Business And Monitoring Everyone
Explanation:
Set savings and debt payoff goals
Answer:
$2,380,500 and $357,500
Explanation:
The movement in the balance of inventory at the start and end of a period is as a result of sales and purchases. While sales reduces the balance in inventory, purchases increases the balance. This may be expressed mathematically as
Opening balance + purchases - cost of goods sold = closing balance
As such, when inventory is overstated at the start of the year, the ending inventory would also be overstated by the same amount, the cost of goods sold would be overstated and net income understated.
Correct amount of asset
= $2406000 - $25500
= $2,380,500
net income for the year
= $332000 + $25500
= $357,500
