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skelet666 [1.2K]
2 years ago
13

A company had sales of $500,000 in 1996 and sales of $720,000 in 1998. Use the midpoint formula to find the company's sales in 1

997
Business
1 answer:
rjkz [21]2 years ago
3 0

Answer:

$610,000

Explanation:

According to the midpoint value, we have to find out the mid value of two amount.

As in the question, the sales for 1996 and the sales for 1998 are given and we have to find out the sales for 1997

So, by using the mid point formula approach, the sales for 1997 is

= (1996 sales + 1998 sales) ÷ (Number of years)

= ($500,000 + $720,000) ÷ (2 years)

= ($1,220,000) ÷ (2 years)

= $610,000

Therefore, the estimated sales value of the company for year 1997 is $610,000

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In a population of 100 individuals, we have 25 people that are homozygous AA, 50 people that are heterozygous Aa, and 25 people
ch4aika [34]

Answer:

50 A alleles

Explanation:

Since the question only wants information regarding the homozygous AA group, the information pertaining the other two groups may be disregarded.

Each individual with the AA genotype has two A alleles. Therefore, if there are 25 individuals that are homozygous AA, the number of A alleles in this group is:

n = 25*2=50\ A\ alleles

There are 50 A alleles in in the homozygous AA group.

6 0
2 years ago
The net income reported on the income statement for the current year was $240,000. Depreciation was $52,000. Accounts receivable
Tpy6a [65]

Answer:

$325,500

Explanation:

The preparation of the Cash Flows from Operating Activities—Indirect Method is shown below:

Cash flow from Operating activities - Indirect method

Net income $240,000

Adjustment made:

Add : Depreciation expense $52,000

Add: Decrease in accounts receivable $5,000

Add: Decrease in inventory $15,000

Add: Increase in accounts payable $14,000

Less: Increase in prepaid expenses -$500

Total of Adjustments $85,500

Net Cash flow from Operating activities               $325,500

This is the answer and the same is not provided in the given options

4 0
3 years ago
Communist countries usually have economies. A command economy that still allows private property and ownership is called. A comm
aalyn [17]

Answer:

1. command

2. socialism

3. communism

Explanation:

1. Communist countries usually have command economies.

2. A command economy that still allows private property and ownership is called a socialism.

3. A command economy in which the government controls everything is called communism.

8 0
3 years ago
Compute the 2019 Federal income tax liability and the marginal and effective tax rates in each of the following independent case
SVEN [57.7K]

Answer:

  • Tax liability = $24,222.50
  • Marginal rate = 24%
  • Average rate = 19.35%

Explanation:

Question requires that we find the Tax liability, Marginal rate and Average rate.

Tax liability:

Chandler is in the $84,200 to $160,725 bracket.

= 14,382.50 + 24% * (125,200 - 84,200)

= 14,382.50 + 9,840

= $‭24,222.5‬0

Marginal rate = 24%

Chandler's bracket is the 24% bracket.

Average rate:

= Tax/ Taxable income

= 24,222.50 / 125,200

= 19.35%

5 0
2 years ago
According to lan Redpath and Robert Lickwar, which of the following is correct regarding calculation of the business interest li
finlep [7]

Answer:

B, For a partnership, it is calculated at the entity level.

Explanation:

For a partnership, it is calculated at the entity level. This is to ensure that double income computation is avoided.

3 0
3 years ago
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