What time does stock market open and close?

New shoes are on SALE. You find a pair you like for $85 dollars. But you only have $45 with you. So, you pay $40 and charge the

stepladder [879]

Answer:

$46.8

Explanation:

The shoe is worth $85. You pay a deposit of $40. The balance is $45.

So $45 is charged at 8% interest for six months.

Simple interest I= p x r x t

In this case, p is $45,

r is 8%

t= 6 months or 0.5 years

I = $45 x 8/100 x 0.5

I= $45 x 0.08 x 0.5

I=$1.8

The total amount owed will be $45 + $1.8

=$46.8

8 0

3 years ago

Read 2 more answers

The length of time that elapses between the day a firm purchases an inventory item and the day that item sells is called the ___

Lana71 [14]

Answer:

inventory period

Explanation:

According to my research on different financial terminology, I can say that based on the information provided within the question this time lapse is called the inventory period. Like mentioned in the question this is the number of days inventory is held, calculated by subtracting the sale date from the day of purchase.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

4 0

3 years ago

After the civil war, what became the major form of business organization because of its ability to raise money through the sale

Illusion [34]

After the civil war, CORPORATION became the major form of business organization because of its ability to raise money through the sale of shares of stock. A corporation is a type of business that is owned by stockholders who share its profits but are not personally responsible for its debts.

7 0

3 years ago

A price floor is set at $1.00, what is the state of the market and amount of

AleksAgata [21]

Answer:

Explanation:

lol no

4 0

3 years ago

Melody and Todd are married and have employee wages of $250,000 each in 2019. They have no other income. How much additional 0.9

sasho [114]

Answer:

$1,350

Explanation:

The computation of the amount pay or received as a refund at the time of filing the income tax return for the year 2019 is shown below:

As we know that

The Medicare tax rate is 1.45% till $200,000

And, if it is above $200,000 than 2.35% is charged (1.45% + 0.9%)

Now

For individually calculated,

Melody = ($200,000 × 1.45%) + ($50,000 × 2.35%) = $4,075

Todd = ($200,000 × 1.45%) + ($50,000 × 2.35%) = $4,075

So, the total is

= $4,075 + $4,075

= $8,150

Now if they filling their joint return so

Total salary is $500,000 ($250,000 × 2)

Medicare upto $250,000 = $3,625 ($250,000 × 1.45%)

for remaining $250,000 = $5,875 ($250,000 × 2.35%)

So, the Total is

= $3,625 + $5,875

= $9,500

Now the refund is

= Joint return - individually return for each one

= $9,500 - $8,150

= $1,350

4 0

3 years ago