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Aleksandr [31]
3 years ago
8

Review Questions

Business
1 answer:
Sveta_85 [38]3 years ago
8 0

Answer: Natural resources are resources that exist without any actions of humankind. This includes all valued characteristics such as commercial and  scientific interest and cultural value.  A renewable resource is a natural resource which will replenish to replace the portion depleted by usage and consumption.                                                                                              the 2 animals careers in science are College/University Professor and a Dentist.                                                                                                          Dentists remove tooth decay, fill cavities, and repair fractured teeth. Energy Efficiency Experts can help solve your home performance problems.                                                                                                                   We improve the comfort of your home by reducing your energy.

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Lucci Inc. is a retailing firm specializing in high-end merchandise. Each of Lucci's stores uses the retail inventory method by
ludmilkaskok [199]

Answer:

1 Line item description                Cost                Retail

2 Beginning inventory                 40000            360000

3 Purchases                                  1000000        10000000

4 Transportation in                       50000

5 Purchase returns                      -20000          -196000    

6 Net purchases(3+4+5)             1030000        9804000

7 Net additional markups                                    800000    

8 Cost to retail ratio                     1070000       10964000

  component(2+6+7)

9 Net markdowns                                                -500000    

10 Sales                                                                  -9800000    

11 Ending inventory,retail(8+9+10)                       664000

Setup calculation:

Cost to retail ratio = Cost to retail ratio component at cost/Cost to retail ratio component at retail

= 1070000/10964000

= 0.097592

= 9.76%

Ending inventory,cost = Ending inventory,retail*Cost to retail ratio

= 664000*9.76%

= $64806

Cost of goods sold = Sales*Cost to retail ratio

= 9800000*9.76%

= $956480

7 0
3 years ago
Present values Suppose going to college costs 20,000 a year. The average earnings of a highschool graduate are 20,000 a year. By
o-na [289]

Answer:

Annual benefit from college education (Increase in earnings) = $50,000 - $20,000 = $30,000

<em>Assuming 4 years of college study period</em>

<u>The net present value of a college education if the interest rate is 10% is as follows</u><u>:</u>

Net present value = PV of benefits - PV of costs

Net present value = Annual benefit*P/A(10%,4) - Annual costs of attending college*P/A(10%,4)

Net present value = 30,000 * P/A(10%,4) - 20,000 * P/A(10%,4)

Net present value = (30,000 - 20,000) * P/A(10%,4)

Net present value = 10,000 * P/A(10%,4)

Net present value = 10,000 * 3.1699

Net present value = $31,699

<u>How does this change if the interest rate is 15%?</u>

Net present value  = 30,000 * P/A(15%,4) - 20,000 * P/A(15%,4)

Net present value = (30,000 - 20,000) * P/A(15%,4)

Net present value = 10,000 * 2.855

Net present value = $28,550

4 0
4 years ago
Propound on why a library is said to be the memory of the human race?
Sonja [21]
Let's look at the phrase "<span>the memory of the human race?".

Memories are usually belonging to one specific human, and stored in their brain. The human race doesn't literally have a memory, so this must be  a metaphor.

This metaphor might mean what the human race, as a total, can remember and have access to.

So just like we remember what happened last Tuesday, the human race can find the information in a library about what happened in 1912- in this way, a library and a memory are similar, so a library is truly a memory of the human race.
</span>
3 0
3 years ago
Read 2 more answers
A what is when a group of companies illegally work together and essentially create a monopoly in order to increase prices and th
ser-zykov [4K]

A cartel is when a group of companies illegally work together and essentially create a monopoly in order to increase prices and their profits.

8 0
3 years ago
20 POINTS FOR THE ANSWER
Furkat [3]

Digital printing is best used for items that require high amounts of detail and smaller quantity orders. Unlike conventional printing, there are no pre-press stages between the digital document files and the final product; there is also no need for messy formatting equipment like film plates or photo chemicals.

<h3>What is the evolution of printing?</h3>

The printing is credited as the earliest form and was first developed in China around 200AD. As the name suggests, it involves carving a design into a block of wood. Once the wood is carved, the raised part is then inked and paper is placed on top.

It's been 20 years since Israeli Benny Landa revolutionized the printing industry with the advent of digital printing, and industry watchers say the inventor may have repeated the feat with a new product unveiled.

Learn more about digital printing here,

brainly.com/question/12472029

#SPJ1

6 0
2 years ago
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