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
OverLord2011 [107]
4 years ago
6

In 1895, the first u.s. open golf championship was held. the winner's prize money was $150. in 2010, the winner's check was $1,3

50,000. what was the percentage increase per year in the winner's check over this period? (
Business
1 answer:
Westkost [7]4 years ago
8 0

We will examine the annual growth rate of the following question.

Formula for calculating the annual growth rate is Growth Percentage Over One year =[ (F÷S) ¹/y - 1] ₓ 100

where F= final value

           S= start value

           y= Number of years.

(1,350000÷150)        y= 2010-1895=115

∴ [(1,350,000÷150) ¹/₁₁₅ - 1] × 100

  = (9000¹/₁₁₅ - 1) ₓ 100

  = (1.082393 - 1) ₓ 100

  = 8.24%

Over the course of 115 years the winners prize money grew from $150.00 to $1,350,000.00, its annual growth rate = 8.24%

Please Note, raising a value a to the ¹/<em>b</em> exponent is equivalent to taking the <em>b</em>th root of a. You will likely need a calculator with an " \sqrt[n]{x}<em>"  </em>button, or a good online calculator.

Couldn't find the basic symbols, had to improvise.


You might be interested in
Floating rate bonds are most likely to be popular with investors when it is anticipated that:_________.
fiasKO [112]

Answer:

i think d is the correct answer

6 0
3 years ago
Summer Dean was walking through the mall and found a gym bag lying on the ground. The decision Dean must make as to whether to k
suter [353]

Answer:

Ethics

Explanation:

Ethics also called moral philosophy involves how an individual systemises, defends and recommends the concept of right or wrong.

Summer is facing an ethical decision of either returning the bag or keeping it for herself. Her decision will be based on her definition of right or wrong.

If her moral philosophy is one that does not see theft as something that is wrong, she will decide to keep the bag. If on the other hand she sees keeping the bag that is not her own as wrong she will decide to return it.

6 0
3 years ago
Windsor, the owner of Windsor's Sandwiches contacts a new supplier Gary. He tells Gary that he will pay him $375 if Gary deliver
adelina 88 [10]

Answer:

Bilateral Contract

Explanation:

A bilateral contract is an agreement between two parties in which each side agrees to fulfill his or her side of the bargain.

The bilateral contract is the most common kind of binding agreement. Each party is both an obligor (a person who is bound to another) to its own promise, and an obligee (a person to whom another is obligated or bound) on the other party's promise. A contract is signed so that the agreement is clear and legally enforceable.

In this case Windsor promises to pay $375 and Gary promises to deliver 20 pounds of cheese.

4 0
3 years ago
Job A3B was ordered by a customer on September 25. During the month of September, Jaycee Corporation requisitioned $3,500 of dir
Norma-Jean [14]

Answer:

18,500 WIP balance at September 30th

Explanation:

Job A3B

3,500 direct materials

5,000 direct labor

10,000 Overhead (200% of labor = 5000 x 200%)

18,500 WIP balance at September 30th

The cost added during October will be part of October calculation, on September we should work with September values.

4 0
3 years ago
________ at IKEA include cost-consciousness, constant desire for renewal, and accepting and delegating responsibility.
Anna007 [38]

Ikea has core business values such as consciousness, constant desire for renewal, and accepting and delegating responsibility.

<h3>What are the core values in a company?</h3>

The fundamental values of a company are the purposes that guide the attitudes of all members of the company. Additionally, these values are related to the common objectives, mission and vision of a company.

In the case of Ikea, it is a company that emerged in Sweden that has led the market for the sale of furniture and other household items that has stood out for its business values.

Among the most outstanding values of Ikea are:

  • Togetherness
  • Caring for people and planet
  • Cost-consciousness
  • Simplicity
  • Renew and improve
  • Different with a meaning
  • Give and take responsibility
  • Lead by example

Note: This question is incomplete because the options are missing. Here are the options:

A. Core values.

B. Missions.

C. Strategies.

D. Competencies.

E. Competitive Advantages.

Learn more about Ikea in: brainly.com/question/13991097

7 0
3 years ago
Other questions:
  • ________ includes general management, finance, accounting, legal, and government affairs.
    5·1 answer
  • Identify the correct sentence.
    9·1 answer
  • If textbooks and study guides are complements, then an increase in the price of textbooks will result in
    14·1 answer
  • The dean of the Western College of Business must plan the school’s course offerings for the fall semester. Student demands make
    13·1 answer
  • You were provided with an article in the Chapter 6 materials that told the story about Rita Crundwell, the former Comptroller of
    14·1 answer
  • Firm Yahoo has attracted the attention of Firm Verizon because of its poor operating performance. Firm Verizon believes that the
    11·1 answer
  • Epsilon Co. can produce a unit of product for the following costs: Direct material $ 7.80 Direct labor 23.80 Overhead 39.00 Tota
    9·1 answer
  • Sarah purchased 75 sweaters from a wholesaler for $16 each. She wants the markup percentage to be 18 percent. How much will Sara
    11·1 answer
  • harley purchased a set of pens. including the 3% sales tax, harley payed $12.40. how much was the set of pens before tax?
    9·1 answer
  • Question #10
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!