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Gnesinka [82]
3 years ago
14

Ash company reported sales of $410,000 for year 1, $460,000 for year 2, and $510,000 for year 3. using year 1 as the base year,

what were the percentage increases for year 2 and year 3 compared to the base year
Business
1 answer:
IgorLugansk [536]3 years ago
6 0
Percentage change can be determined by dividing the change by the quantity of the base year. The base year here is year 1, so we use the value of <span>$410,000 as base price.

Year 2:
Percentage change = (</span>$460,000-$410,000)/<span>$410,000*100 = 12.2%

Year 3:
Percentage change = </span>(<span>$510,000</span>-$410,000)/$410,000*100 = 24.4%

The percentage change increased doubly.
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3 years ago
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Answer:Ricardo works part time at a local computer store. One day, his manager approaches him about moving from cashier to floor supervisor. Ricardo is excited because the promotion comes with a raise; however, the extra work hours would take away from time with his friends. In the end, he decides to take the promotion. Ricardo's opportunity cost is choosing the promotion over time with his friends.

<u>Explanation:</u>

When there are many options in front of us.Out of these options when we select one we have to forgo the other options. While we forgo other options we have to bear the loss. So the opportunity cost is the cost of the next best option that we have given up.

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8 0
3 years ago
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inysia [295]

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Given the following parameters:

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The employer pays for social security and medicare taxes – $91.80

The employer pays for the Federal Unemployment Tax Act (FUTA) – $9.60

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3 years ago
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