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3 years ago

The tax rate of $.0984 in decimal can be expressed as how many mills? A. 9,840 B. 98.4 C. 90.84 D. 9.84

1 answer:

6 0

One mill is one thousandth of a currency unit, or 0.001$.

So 0.984 in mills means we have to divide 0.0984 by 0.001 (which means moving the period to the right here): so it would be 98.4 mills (answer B)

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Regarding the effects of coaching on standardized test scores, which of the following statements is most representative of curre

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The correct answer is choice a, coaching can lead to 100-point gains if the quality of coaching is high.

Current research has been published by the College Board indicating that students using a high quality coaching program can increase their standardized test scores by over 100 points.

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3 years ago

Delilah purchased a wheelchair with an installment loan that has an APR of 18 percent. The wheelchair sells for $2,007. The stor

alukav5142 [94]

Answer:

$748.48

Explanation:

Cost of wheelchair = $2,007

Down payment = Cost of wheelchair*20% = $2,007*20% = $401.40

Amount of finance = Cost of wheelchair - Down payment = $2,007 - $401.40 = $1,605.60

Interest rate = 18% * 1/12 = 1.5%per month

Term = 54 month

Monthly payment = Amount of finance*I/[1-(1+I)^-n]

Monthly payment = $1,605.60*1.5%/[1-(1+1.5%)^-54]

Monthly payment = $1,605.60*1.5%/[1 - 0.447541]

Monthly payment = $1,605.60*0.015/0.55246

Monthly payment = $43.59411

Total amount paying for loan over a period = Monthly payment * Term = $43.59411 * 54 = $2354.08

Amount of finance charge = Total amount paying for loan - Amount of loan

Amount of finance charge = $2354.08 - $1,605.60

Amount of finance charge = $748.48

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3 years ago

Zeto Bank requires its customers to provide their customer identification number, their respective passwords, and a one-time pas

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Answer:

the correct answer is "Mobile Banking".

Explanation:

Mobile banking is doing banking and related financial activities such as money deposits, withdrawals, bill payments, issuing standing orders, checking the balance amount and opening/closing accounts through the internet and the mobile devices.

Mobile banking is more popularized through the launch of new applications in the iOS and Android platforms.

Mobile banking has made it easier for the customers to do banking related activities and it has made it easier for the banks to process more transactions without increasing their number of employees.

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3 years ago

Singing Fish Fine Foods has a current annual cash dividend policy of $2.00. The price of the stock is set to yield a return of

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Answer:

Following is attached the solution or the question given.

I hope it will help you a lot!

Explanation:

Formulas for calculation are mentioned in D column. By simply putting '=' sign they will calculate the answer as given in column C.

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3 years ago

Landis Company is preparing its financial statements. Gross margin is normally 40% of sales. Information taken from the company'

tatiyna

Answer:

$5,000= ending inventory

Explanation:

Giving the following information:

Gross margin is normally 40% of sales.

Sales= $25,000

beginning inventory= $2,500

purchases= $17,500

First, we need to determine the cost of goods sold:

COGS= 25,000*0.6= 15,000

Now, using the following formula, we can calculate the ending inventory:

COGS= beginning inventory + cost of goods purchased - ending inventory

15,000= 2,500 + 17,500 - ending inventory

5,000= ending inventory

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3 years ago