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mylen [45]
3 years ago
13

Rick Palmer received a $2,500 raise this year. This increased his salary as an associate TV producer from $47,500 to $50,000. Wh

at percentage increase in nominal income did Rick receive?
a. 2.5 percent
b. 5.3 percent
c. 5.6 percent
d. 7.8 percen
Business
1 answer:
tigry1 [53]3 years ago
8 0

Answer:

Nominal increase in salary will be 5.3%

So option (b) will be correct answer

Explanation:

We have given initially the salary of Rick Palmer is $47500

And then it is increased to $50000

So nominal increase in salary = $50000 - $47500 = $2500

We have to find the percentage nominal increase in salary

So percentage nominal increase =\frac{nominal\ incriment }{initial\ salary}=\frac{2500}{47000}=0.0531 = 5.3 %

So option (B) will be correct answer

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Brand __________ is the set of assets and liabilities linked to a brand that add to or subtract from the value provided by the p
timama [110]

Answer:

Equity.

Explanation:

Brand equity is the added value that creates a positive impact about the brand name in the minds of a customer. The given definition of brand equity was proposed by Davis Aaker. We can understand brand equity as the image or reputation that any brand holds in the minds of a customer.

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4 years ago
John, lesa, and tabir form a limited liability company. john contributes 60 percent of the capital, and lesa and tabir each cont
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4 years ago
After a devastating hurricane, households try to secure loans to repair and rebuild. Other things equal, this would lead toan in
Elza [17]

Answer:

Other things equal, this would lead to:

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Explanation:

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5 0
3 years ago
The Ole Factory, Inc. sells scented beauty products and personal care items. It is currently offering a promotion in conjunction
sattari [20]

Answer:

The answer is "$500 gross revenue for the kit was $463 and for the service, it was $37".

Explanation:

The free access for one month is an online beauty expert who knows how to do his job because Ole Manufacturer markets the product differently as well as the other item included in the kit could be identified separately. It's a particular requirement. If two distinct performance standards were included in the sale, that total profit, as well as the market cost of the property, are assigned.

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4 years ago
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