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
Hatshy [7]
3 years ago
6

Mentally estimate the total cost of items that have the following prices: $1.85, $.98, $3.49, $9.78, and $6.18. Round off your a

nswers to the nearest half-dollar. A. $22.59 B. $22.30 C. $22.50 D. $23.00
Business
1 answer:
Nonamiya [84]3 years ago
8 0

Answer: Option (c) is correct.

Explanation:

Given that,

Round off the values of items to the nearest half dollar are as follows:

Item 1 = $2.00

Item 2 = $1.00

Item 3 = $3.50

Item 4 = $10.00

Item 5 = $6.00

Estimated total cost of items = Item 1 + Item 2 + Item 3 + Item 4 + Item 5

= $2.00 + $1.00 + $3.50 + $10.00 + $6.00

= $22.50

Hence, nearest value is $22.50.

Therefore, option (c) is correct.

You might be interested in
Bonds are a popular source of financing because a.financial analysts tend to downgrade a company that has raised large amounts o
just olya [345]

Answer:D. Bond interest expenses is deductible for tax purposes while dividend paid on stocks are not.

Explanation:

This stand as an advantage for bonds where tax is only deductible after meeting the total interest expenses.

6 0
3 years ago
What are the basic sources of underwriter information?
BigorU [14]

The basic source of underwriting information is your completed application for term insurance

5 0
3 years ago
Read 2 more answers
Assume that the short-run cost and demand data given in the tables below confront a monopolistic competitor selling a given prod
sesenic [268]

Answer:

<u>$35</u>

<u>Explanation</u>:

Note the formula:

Total revenue (TR)= Price (P) x Q and Marginal revenue (MR) = Change in TR / Change in Q

<u>Total Revenue for 2 units of output sold</u>

= 2 x $50 = $100

<u>Total Revenue for 3 units of output sold</u>

= 3 x $45 = $135

<u>The Marginal Revenue=</u>

Change in TR (135-100) / Change in quantity (3-2)

= $35/1

= <u>$35</u>

Therefore, the Marginal Revenue If the firm sells 3 units of output, will be $35.

7 0
3 years ago
Calculate the weighted average cost of capital for the following firm: it has $275,000 in debt, $650,000 in common stock and $11
Ilia_Sergeevich [38]

Answer:

WACC = 8.56%

Explanation:

First, we need to find out what is the equivalent percentage of every source of cash, I mean, if the sum of all sources is 1,040,000 (275,000+650,000+115,000) each source participation will be as follows.

Debt = 275000/1040000=26.44%

Common Stocks= 650000/1040000=62.50%

Preferred Stocks= 115000/1040000= 11.06%

Now, let's remember that common stocks and preferred stocks are not tax-deductible, on the other hand, the debt it is, so, the afer-tax cost of each source is:

Debt = 5.75% x (1-0.25) = 4.31%

Common Stocks = 9.75%

Preferred Stocks = 12%

Finally, our weighted average cost of capital is:

WACC = 4.31% x (26.44%) + 9.75% x (62.50%) + 12% x (11.06%) = 8.56%

Best of luck

5 0
3 years ago
What grades do you need to get into Leeds Trinity University?
zvonat [6]
It really depends on schools you go into. A 3.0
GPA is recommended if school is an above average school in the nation. In addition to that, just try your best and apply.
3 0
3 years ago
Other questions:
  • A repetitive manufacturing firm is planning on level material use. The following information has been collected. Currently, the
    6·1 answer
  • An enterprise resource planning (ERP) system is: a. a collection of integrated software for every functional area within an orga
    11·2 answers
  • Jennie receives $12,000 (of which $2,000 is earnings) from a Qualified Tuition Program. She uses the funds to pay for new furnit
    7·1 answer
  • Bryant Investments is putting out a new product. The product will pay out $32,000 in the first year, and after that the payouts
    8·1 answer
  • Which of the following is true of good salespeople?
    7·2 answers
  • Sharon and Amy are roommates. They spend most of their time studying (of course), but they leave some time for their favorite ac
    6·1 answer
  • Absolute Manipulation​ Manufacturing's (AMM) standards anticipate that there will be 4 pounds of raw material used for every uni
    14·1 answer
  • In order to better compare/contrast costs of living in the various environments GNP/GDP may be adjusted to:
    6·1 answer
  • In what way do businesses commercialize cinco de mayo?.
    15·1 answer
  • scenarios should be realistic detailed and based in the workplace you must also explain the importance of each behavior and its
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!