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slamgirl [31]
3 years ago
6

Suppose that a certain fortunate person has a net worth of $76.0 billion ($7.60×10107.60×1010). If his stock has a good year and

gains $3.20 billion (3.20×1093.20×109) in value, what is his new net worth?
Business
1 answer:
iogann1982 [59]3 years ago
4 0

Answer:

new net worth = 79.2 billion

Explanation:

given data

net worth = $76.0 billion

gains = $3.20 billion

to get here

new net worth

solution

we get here new net worth that is express as

new net worth = net worth + gains     .............................1

put here value and we will get here

new net worth = $76.0 billion + $3.20 billion

new net worth = 79.2 billion

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hen a monopolist is able to sell its product at different prices, it is engaging in a. distribution pricing. b. quality-adjusted
sertanlavr [38]

Answer:

Price discrimination

Explanation:

Price discrimination is charging customers differently for the same product.

Price discrimination is a type of selling strategy where customers are charged for same goods and services. The seller charges based on what they think that the user is likely to pay.

6 0
3 years ago
When the director/manager allows employees to guide themselves toward the goal, then a(n) _______ leadership style is being used
kondaur [170]

Answer:

Free Rein Style

Explanation:

leadership can be described as research area that encomposses the ability of an organisation or an individual to lead a team, individuals or entire organisations.

Free rein style is the most suitable.

7 0
3 years ago
A tariff:_________.
Sergio [31]

Answer:

<h2>C. Makes domestic consumer worse off. </h2>

Explanation:

A tariff is levied on the exports and imports between two countries. It is meant to regulate the foreign trade and encourage the domestic industries and safeguard them from the competition of foreign goods. Tariffs are source of income for states. Tariffs and import export quotas are most used instruments of protectionism. Tariffs are fixed or variable.

It can put the domestic consumer in an advantageous position as due to tariffs they would not be able to get less costly products.

8 0
3 years ago
lucy invests $800 in an account that earns 6.12% annual interest compounded continuously. juan invests $1600 in an account that
Len [333]

Answer:

Both their investments will reach a similar value in 32 years, 9 months and 8 days. Both accounts will have exactly $5,606.

Explanation:

Original investment:              $800 at 6.12%                    $1,600 at 3.9%          

future value 10 years                     $1,449                                $2,346

future value 20 years                   $2,624                                $3,439

future value 30 years                   $4,753                                $5,042

future value 31 years                    $5,044                                $5,238

future value 32 years                   $5,353                                $5,442

future value 33 years                   $5,681                                 $5,655

It will take over 32 years for both investments to match their amounts.

to determine the approximate month we start with the future value in 32 years:

                                                         $5,353                          $5,442

future value in 6 months                 $5,517                           $5,548

future value in 9 months                $5,599                           $5,601

future value in 9 months                                                                          

and 5 days                                      $5,603                           $5,604

future value in 9 months                                                                          

and 8 days                                      <u>$5,606</u>                           <u>$5,606</u>

7 0
3 years ago
On December 31, the company estimates future sales refunds to be $900. As of that date, the company has an unadjusted debit bala
dimulka [17.4K]

Answer:

Date      Account titles and Explanation       Debit    Credit

Dec 31   Sales return and allowance               $600

                     Sales refund payable                                $600

                     ($900 - $300)

              (To record the expected refund of sales)

4 0
3 years ago
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