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
Gnoma [55]
3 years ago
15

Today only, a table is being sold for $217 . this is 62% of its regular price. what was the price yesterday?

Business
1 answer:
Troyanec [42]3 years ago
8 0
If yesterday's price was the regular price then the equation $217=62%x can be used to solve for x. so x = $217/0.62=$350. To check the answer, multiply $350 by 0.62 = $217. In other words, x is the unknown regular price so 0.62 times x = $217 and then cross multiplying means dividing $217 by 0.62, to get the answer.
You might be interested in
Magazines and journals are examples of periodical resources. True False
mylen [45]
The answer to your question is true.
8 0
3 years ago
Read 2 more answers
The additional dining space will occupy space next to Olaf’s that was recently rented to a tenant. By claiming the space for the
Illusion [34]

Answer:

$12,146

Explanation:

The computation of present value of this opportunity cost is shown below:-

Net After tax Operating Profit Per month = Rent space per month × Profit margin on the renting the space percentage

= $1,000 × 30%

= $300

Project is for 4 Years

Total months = 4 × 12

= 48 Months

Interest Rate Per month = 9% ÷ 12

= 0.75%

As per the question the Rent is Received at the start of the month

So Present Value of this opportunity cost = $300 (1 + PVAF (0.75%,47))

= $300 × ( 1 + 39.486)

= $12,145.85

= $12,146

3 0
3 years ago
Whats a good way to make more money from $9.00,
Ymorist [56]
Your answer: work more hours
7 0
3 years ago
Pablo Company has budgeted production for next year as follows:QuarterFirst Second Third FourthProduction in units 48,000 88,000
Margaret [11]

Answer:

271,500 pounds

Explanation:

Given:

Quarter                               FIRST      SECOND     THIRD     FOURTH

Production in unit                  48000     88000        98000      78000

Raw material per unit               3               3                 3                 3

=================================================================

Thus,

Need for material  = Production in unit × Raw material per unit

=================================================================

Quarter                                         FIRST      SECOND     THIRD     FOURTH

Need for material in production  144,000   264,000     294,000     234,000

Desired ending inventory = 25% of next quarter's production needs for material

==================================================================

ADD:

Desired ending inventory             66000       73500      58500  

==================================================================

Total need of material = Need for material in production + Desired ending inventory

==================================================================

Quarter                               FIRST      SECOND     THIRD      FOURTH

Total need of material =       210,000    337,500     352,500  

Beginning inventory             38000  66000       73500  

==================================================================

Total purchase = Total need of material - Beginning inventory

==================================================================

Quarter                               FIRST      SECOND     THIRD      FOURTH

Total purchase =                   172,000     271,500      279,000

Hence,

The answer is  271,500 pounds

5 0
3 years ago
​Currency markets operate under a system of _____ in which the prices of different currencies move up or down based on the deman
neonofarm [45]

Answer: Floating exchange rate                

             

Explanation: The floating exchange rate is a mechanism under which a country's exchange prices are set by the supply and demand-based foreign exchange market compared to other currencies. It compares with a fixed exchange rate, wherein the government decides the rate completely or mainly.

Floating currency regimes mean that lengthy-term currency price movements represent relative economic power and country-to-country rate of interest differences.

A currency that is too high or low may have a negative impact on the country's economy, impacting trade and debt-paying efficiency. The state or banking system would try to take action to bring their currencies towards a more desirable level.

4 0
3 years ago
Other questions:
  • A study of interior designers' opinions with respect to the most desirable primary color for executive offices showed that:
    7·1 answer
  • Straw men approaches to business ethics are used to demonstrate
    9·1 answer
  • Which of the following is a disadvantage of the first-mover strategy?
    13·1 answer
  • Per capita means:
    10·2 answers
  • Ruth and Stella were sisters. They owned a house as joint tenants with right of survivorship. Ruth sold her half interest to Roy
    15·1 answer
  • Complete each statement with the term that correctly defines.
    6·1 answer
  • Your company obtains a short term loan on September 1st, 2019 to cover costs to purchase inventory. The loan is for $50,000, the
    14·1 answer
  • Experts say that the choice between a typed thank-you letter or handwritten thank-you letter is unimportant, as long as you send
    7·1 answer
  • A firm produces truffles by using labor and capital. The price of labor is $10 per unit, and the price of capital is $20 per uni
    7·1 answer
  • In the efficiency wage model with the efficiency wage above the market-clearing wage, the level of employment depends on:
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!