1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
finlep [7]
3 years ago
6

Joan rec ved a discount of $4.80 on a book that originally cost $60. What was the percent of discount she received?

Business
1 answer:
SIZIF [17.4K]3 years ago
3 0

Answer:

discount percentage = 8%

Explanation:

given data

discount on book = $4.80

originally cost = $60

to find out

what percent of discount she received

solution

we get here Discount percentage that is express as

discount percentage =  (Discount ÷ Original Price) × 100    ..................1

put here value we will get

discount percentage = \frac{4.80}{60} × 100

discount percentage = 8%

You might be interested in
South Sea Baubles has the following (incomplete) balance sheet and income statement. BALANCE SHEET AT END OF YEAR (Figures in $
drek231 [11]

Answer:

South Sea Baubles

1. Shareholders' equity in 2015 and 2016 =   $300  and  $260 respectively.

2. Net working capital in 2015 and 2016 = $25 and $110 respectively.

3. Taxes paid in 2016 = $84.

4. Cash provided by operations during 2016 = $666.

5. South Sea's gross investment in fixed assets = $100 ($105 - $95).

Explanation:

a) Data and Calculations:

BALANCE SHEET AT END OF YEAR (Figures in $ millions)

Assets                                                     2015         2016

Current assets                                       $ 105       $ 215

Net fixed assets                                       950       1,050

Total assets                                         $1,055    $1,265

Current liabilities                                    $ 80       $ 105

Long-term debt                                       675         900

Total liabilities                                       $755     $1,005

Shareholders' equity                           $300        $260

Liabilities and Shareholders' Equity $1,055      $1,265

INCOME STATEMENT, 2016 (Figures in $ millions)

Revenue               $ 2,025

Cost of goods sold   1,105

Gross profit             $ 920

Depreciation              425

EBIT                          $495

Interest expense       255

Profit before taxes  $240

Income taxes (35%)    84

Net Income            $ 156

Cash provided by operations:

Net income =      $156

Depreciation        425

Working capital:

Current assets      110

Current liabilities (25)

Net cash           $666

8 0
3 years ago
Describe at least three investments you want to make with your income. Explain whether each one is an equity investment or a deb
Eddi Din [679]

I would like to buy a car with the income I would make, it would be a equity investment. I chose this item because it would help me get to work and places on my owns. I would also like to buy or rent a house with my income, this would also be a equity investment, it would give me a place to live to a long-period of time. I would like to invest in a strong company would wants to help the good in the world, this is a debt investment, it would give a strong face to the world.

6 0
3 years ago
An incomplete life insurance application submitted to an insurer will result in which of these actions
Viefleur [7K]
No insurance coverage.
3 0
3 years ago
What's the idea behind bitcoin and its exchange rates ? ​
Brums [2.3K]

Answer:

Explanation:

https://www.bitcoinsxchanger.com/zcash-to-webmoney.php  

Zcash to webmoney exchange digital coin for free is one of the best part of this site. Exchange your zcash and get big profit. We have millions of people that are exchanging their crypto coins with world's largest exchange market. Visit for more.

5 0
3 years ago
On January 1, 2016, Ott Company sold goods to Fox Company. Fox signed a noninterest-bearing note requiring payment of $60,000 an
inessss [21]

Answer:

D. 321,600.

Explanation:

Present value is the current value of a future amount that is to be received or paid out.

Given:

Present value, P = $60000

Present value of ordinary annuity for the remaining 6 years = 4.36

The Present value, PV of the note is equal to the first payment + the Present value of ordinary annuity (all at 10%) of the remaining six payments

Sales revenue = $60000 + (60,000 × 4.36)

= $60000 + $261,600

= $321,600

Thus, sales revenue of $321,600.

3 0
3 years ago
Other questions:
  • Question 5 of 10 Multiple Choice: Please select the best answer and click "submit." Holton is the manager at a small restaurant.
    11·1 answer
  • Production costs activity use the table below with page 4 of the fasttrack to complete the activity. first shift capacity first
    10·1 answer
  • It's important to note that sometimes private solutions to externalities do not work. For example, this occurs when an excessive
    5·1 answer
  • If u cause a car accident which type of insurance will require you to pay the least out of pocket?
    8·1 answer
  • when the number of jobs is insufficient for the number of workers ex: Charles recently lost his job as a waiter at a local resta
    11·1 answer
  • produces class rings. Its​ best-selling model has a direct materials standard of grams of a special alloy per ring. This special
    8·1 answer
  • Red Empire Inc., a large multinational company owned by two partners, is active in the petroleum, capital market, chemicals, ste
    12·1 answer
  • Last year Kareem had $20,000to invest. He invested some of it in an account that paid 8% simple interest per year, and he invest
    9·1 answer
  • Francois deposits $350.00 in a savings account. The account pays an annual interest rate of 4.3%. He makes no other deposits or
    8·1 answer
  • Luebke Incorporated has provided the following data for the month of November. The balance in the Finished Goods inventory accou
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!