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kogti [31]
2 years ago
6

Swifty Corporation reported net sales of $690000, $730000, and $828000 in the years 2016, 2017, and 2018, respectively. If 2016

is the base year, what percentage do 2018 sales represent of the base
Business
1 answer:
Flura [38]2 years ago
3 0

Answer:

120%

Explanation:

Given net sales;

Year 1996 = $690000

Year 1997 = $730000

Year 1998 = $828000

With 1996 as the base year, it means the percentage of any year can be computed by dividing the net sales for that year with the net sales for 1996 and expressing the results as a percentage.

1998 sales as a percentage of  the base represents

= $828000/$690000

= 1.2

Expressed as a percentage, this is 120%.

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ICU Window, Inc., is trying to determine its cost of debt. The firm has a debt issue outstanding with seven years to maturity th
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Answer:

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2 years ago
Mark expects the value of currency X to appreciate in the near future. Hence, he delays the collection of payments from foreign
katrin2010 [14]

Answer:

Lag startegy

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3 years ago
Roger is currently in the hospital, having been diagnosed with terminal cancer. Roger would like Kim, a close friend, to make an
Kisachek [45]

Answer:

The correct answer is letter "E": a durable power of attorney.

Explanation:

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A durable power of attorney, instead, is used when the individual delegating power to another party has knowledge of being impaired soon and possibly is not going to recover. Thus, the durable power of attorney will be valid since the individual cannot handle business until the moment of his or her decease. During that time, the selected party is right to make health and finance decisions on behalf of the individual.

5 0
3 years ago
You bought a stock three years ago and paid $45 per share. You collected a $2 dividend per share each year you held the stock an
kakasveta [241]

Answer:

5.84%    

Explanation:

We use the RATE function that is shown in the excel. Kindly find the attachment below:

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5 0
3 years ago
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