Answer:
Original Sale Price = $6000
Explanation:
Lets say that the original Sale price is 100%. When the first discount is offered, the car is discounted by 10% and offered for 90% of the original price.
The second discount is offered as 20% off from the discounted sale price. Thus the car is now offered at,
Price after Second Discount = 90% * (1 - 20%) = 72% of the original price
Now the final discount is offered as further 25% off from the Second Discounted price which is already 72% of the original price. Thus the price after final discount will be,
Price after final discount = 72% * (1 - 25%) = 54% of the original price
We know the price after final discount is 54% of the original price and we are provided the amount as 3240. Thus if 54% of original price is 3240, then the original price will be,
Original Sale Price = 3240 * 100%/54%
Original Sale Price = $6000
Answer: B) The option premium is greater or equal to its intrinsic value because of the time premium.
Explanation:
The option premium can be calculated by adding the time premium and the intrinsic value. The time premium is the part of the option premium that accounts for the time remaining till the premium matures while the intrinsic value is the difference between the value of underlying asset and the strike price.
As the time premium can be zero but never negative, the option premium can either be greater than its intrinsic value or equal to it. It cannot be lower than it because of the time premium.
Answer:
- The Demand is given by
- The supply curve is by
Consumers will face a price of 33.29 and the equilibrium quantity will be 43.42.
These results illustrate that as a consequence of the tax, the price faced by consumers will be higher, quantity sold be lower, and producers will receive less for their product sale.
Explanation:
- The Demand is given by
- The supply curve is by
In the absence of taxes 
and 
.
An ad-valorem tax 
generates now that
So the new equilibrium is
Replacing in the demand equation we get the equilibrium quantity
Answer:
Total Rental real estate and royalty income $4,000
Explanation:
The computation of the total rental real estate and the royalty income is as follows;
For rental income and royalty
Cost of single family home $100,000
Less: Valuation of the land -$10,000
Value allocated to property 90,000
Multiplied by Depreciation rate 1.667%
Depreciation Expense for 2019 $1,500
Rental Income 6,000
Less: Depreciation expense for 2019 -$1,500
Less: Real Estates taxes -$500
Total Rental real estate and royalty income $4,000
Answer:
Firefighters in the Emergency and Fire Management pathway, Correctional Officers in the Corrections pathway, and Detention Officers in the Law Enforcement pathway.
Explanation:
