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
Andreyy89
3 years ago
7

Assume that in 2015, the first edition of a comic book was sold at auction for $1,920,000. the comic book was originally sold in

1942 for $.09.for this to have been true, what was the annual increase in the value of the comic book?
Business
1 answer:
alina1380 [7]3 years ago
4 0
Let
x------------------- > cost comic book sold in 1942--------------> <span>$1,920,000
</span>y------------------- > cost comic book sold in 2015--------------> $0.09
t------------------ > time---------------> (2015-1942)= 73 years
z-----------------> average increase per year

we know that
<span>z={[(x-y)/y]/t}*100
</span>then

z={[(1920000-0.09)/0.09]/73}*100=29,223,743 %

the answer is 29,223,743 %



You might be interested in
Lydia Hagberg went to her bank, California Federal Bank, FSB, to cash a check made out to her by Smith Barney (SB), an investmen
user100 [1]

Answer:

Yes the absolute privilege for communications made in judicial or other official proceedings apply to statements made when a citizen contracts the police to report suspected criminal activity

Explanation:

Absolute priviledge for communication is the provision that covers a person from legal action on grounds of defamation for statements made. Under certain circumstances a person can make defamatory statements and be immune from legal action.

In this scenario Lydia Harberg went to California Federal Bank to cash a check that was suspected to be fake.

Nolene Showalter contacted SB to confirm. Based on the information provided at that time, the check was confirmed to be fake. The implication was that a fraud was being perpetrated.

So his action of calling the police is justified. SB only verified they gave out wrong information the first time

8 0
3 years ago
Rgnijdlxkdoefjinvkmw,lpeijfmodkwmeifvw
BartSMP [9]
It's hehhdfsjgsisgdsjsb,gvsjsvgsgejdnxgndjdgdusjehgsnskhsgzjosbdjd there's the answer XD
7 0
3 years ago
Erin works at a financial institution. She has offered a housing loan to a customer. While carrying out the transaction, which l
Neko [114]

Answer:

D. ensure that she credits the loan amount accurately to the customer’s account

Explanation:

Erin needs to address this legal responsibility, and "arranging an informal meeting with the customer" is not a legal responsibility. Similarly, C is not a legal responsibility, and in fact, it is a crime. And E is not a legal responsibility. These details are not being given at the time of sanctioning the loan. However, D is certainly a legal responsibility as Erin needs to ensure that she credits the loan amount accurately to the customer's account.

6 0
3 years ago
Assume US GAAP to answer this question.In 2017, $2 million in wages were earned and no cash wages were paid.In 2018, $8 million
solniwko [45]

Answer:

The right answer is A. Liabilities increased by $1.0 million in 2018

Explanation:

During 2017 and 2018, we have the following information:

+ In 2017, there is $2 million wages earned but not yet paid, so, Wages payable at the end of 2017 should be amounted to $2 million.

+ In 2018, there is another $8 million wages earned. At the same period, there is $7 million wages paid which is distributed as followed: $2 million to clear all Wages payable in 2017 and the other $5 million to clear $5 million out of $8 million wages payable in 2018. So, the only wages liability outstanding at the end of 2018 is the amount of $3 million earned in 2018 but not yet paid ($8 million - $5 million).

=> Liabilities in 2018 increases $1.0 million in comparison with the year 2017 ( $3 million - $2 million).

3 0
4 years ago
Cael tells his co-worker and friend, Kevin, that he has been interviewing at a rival advertising firm and thinks that he has sec
salantis [7]

The type of conflict that Kevin is facing based on the scenario that has being painted here is what is called the Conflict of loyalty. Option B.

<h3>What does it mean to be in conflict?</h3>

A mental conflict brought on by conflicting or incompatible wants, urges, wishes, or demands from the outside or the inside.

Conflict-affected individuals may come out as tense and uneasy. For instance, they could shun social situations and question everything they do all the time. Words and comments - How workers communicate verbally might show whether conflict is present. People tend to use far more emotional language when they are agitated.

When a person has a duty of loyalty to many entities and those entities' interests disagree, there is a conflict of loyalty.

When a board member may be swayed by factors other than what is best for the organization, there is a possible conflict of loyalties. Loyalty conflicts could be severe enough to qualify as interest conflicts.

Read more on conflict here:brainly.com/question/846617

#SPJ1

4 0
1 year ago
Other questions:
  • Journalize the following transactions using the allowance method of accounting for uncollectible receivables.April 1 Sold mercha
    10·1 answer
  • Select the sentence that would best appear in the end of a narrative.
    6·2 answers
  • Werkley Inc. is a product manufacturing company. It relies on its suppliers for raw materials, on the labor market for its perso
    15·1 answer
  • A contribution income statement for the Nantucket Inn is shown below. (Ignore income taxes.) Revenue $ 2,000,000 Less: Variable
    10·1 answer
  • A company must perform a maintenance project consisting of seven activities. The activities, their predecessors, and their respe
    9·2 answers
  • What were the two main opposing views of Adam Smith and Karl Marx?
    12·1 answer
  • Refer to the supply and demand data for a certain elective surgical procedure. Without health insurance, the equilibrium price a
    12·1 answer
  • 19. 14 oz of gold equals how much in dollars.
    11·1 answer
  • Slippery Slopes promised to arrange for a licensed California contractor to "work with" Water Slides Designs on the construction
    12·1 answer
  • a bank lender is concerned about the creditworthiness of one of its major borrowers. the bank is considering using a swap to red
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!