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2 years ago

Mark would like to apply for a loan. He should

Business

2 answers:

NeX [460]2 years ago

8 0

Yes he should apply for one

Lapatulllka [165]2 years ago

7 0

Answer:

of course, he should.

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Henri earned a salary of $50,000 in 2001 and $70,000 in 2006. The consumer price index was 177 in 2001 and 265.5 in 2006. Henri'

gladu [14]

Answer:

Henri's 2006 salary in 2001 dollars =$46,666.66

Explanation:

A rise in the price index implies inflation

Inflation is the increase in the general price level. Inflation erodes the value of money.

This price index is the weighted average price of a basket of goods and services consumed by a typical consumer. It is used to measure the rate of inflation.

So we can determine the salary in the base year value as follows:

2006 Salary in the base year terms=

CPI base year/CPI in the current year × salary in the current year

CPI base year- 177, CPI in the current yea- 256.5,

Salary in the current year - 70,000

Henri 2006 Salary in 2001 Dollar

=177/265.5 ×70,000/265.5 = 46,666.66

Henri's 2006 salary in 2001 dollars =$46,666.66

8 0

3 years ago

If an increase in the supply of a product in the market results in a decrease in price, but no change in the quantity traded, th

Digiron [165]

If an increase in the supply of a product in the market results in a decrease in price, but no change in the quantity traded, then the quantity of products will be growing and growing in the stock. this will again lead to a decrease in price and consumes more time to sale their stock. This will create a heavy loss to the investor. It may be overcome by innovative thoughts such as stopping the production of current product and launching a new product with available materials. So that it will balance the production and sale.

6 0

3 years ago

Last year Lawn Corporation reported sales of $115,000 on its income statement. During the year, accounts receivable decreased by

julia-pushkina [17]

Answer:

$125,000

Explanation:

Particulars Amount

Sales revenue $115,000

Add: Accounts receivable decrease $10,000

Cash Receipt from customers $125,000

The sales revenue adjusted to a cash basis for the year is $125,000.

4 0

2 years ago

Net operating income equals: Multiple choice question. dollar sales – dollar sales to break even. unit sales × unit contribution

GalinKa [24]

Net operating income equals (unit sales - unit sales to break even) × unit contribution margin.

What is net operating income?

Real estate professionals utilize the metric known as Net Operating Income, or NOI, to swiftly determine the profitability of a certain venture. After deducting required operational costs, NOI calculates the revenue and profitability of investment real estate property.

Is net operating income the same as profit?

After all, costs have been deducted, operating profit displays a company's earnings, excluding the cost of debt, taxes, and some one-time expenses. Contrarily, net income is the profit that is still left over after all expenses made during the time have been deducted from sales revenue.

Learn more about net operating income: brainly.com/question/14103167

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1 year ago

In calculating the bank discount when discounting an interest bearing note, which one of the following is not used in calculatio

Anna71 [15]

In calculating the bank discount when discounting an interest bearing note, the one that is not used in calculation is: D. Discount period

Here is the equation that used in interest bearing note:
The Principle proceeds + bank discount = Maturity Value

Discount period only determines the amount of time vendor willing to pay for a product in cash.

4 0

2 years ago

Read 2 more answers