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3 years ago

When is it appropriate to use an absolute reference?

Business

1 answer:

Kipish [7]3 years ago

5 0

Answer:

Explanation:

i just had this question on a paper test and i got it right i hope this helps

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After graduating from dental school two years ago, Dr. Lauren Farish purchased the dental practice of a long-time dentist who wa

sukhopar [10]

Answer:

Total cost formula= 3,510 + 4.911*x

x= Number of instruments

Explanation:

<u>To calculate the variable and fixed costs, we will use the high-low method:</u>

Variable cost per unit= (Highest activity cost - Lowest activity cost)/ (Highest activity units - Lowest activity units)

Variable cost per unit= (10,012 - 6,574) / (1,324 - 624)

Variable cost per unit= $4.911

Fixed costs= Highest activity cost - (Variable cost per unit * HAU)

Fixed costs= 10,012 - (4.911*1,324)

Fixed costs= $3,510

Fixed costs= LAC - (Variable cost per unit* LAU)

Fixed costs= 6,574 - (4.911*624)

Fixed costs= $3,510

Total cost formula= 3,510 + 4.911*x

x= Number of instruments

For 1,192 instruments:

Total cos= 3,510 + 4.911*1,192

Total cost= $9,363.9

4 0

3 years ago

The GDP per capita of a country is lower than that of france. if the GDP per capita of the country is adjusted for PPP, the coun

o-na [289]

Answer:

D. The cost of living in the country is lower than that of France

Explanation:

PPP or Purchasing Power Parity is a measure of the cost of living in different countries. When GDP Per Capita is computed accounting for PPP, significant differences can show up between this measure and Nominal GDP Per Capita, this is because of differences in the cost of living among countries.

If the GDP Per Capita Nominal of a country is lower than that of France, it means that measured by US Dollars, the other country produces less output per person than France. However, if the GDP Per Capita PPP of the same country is higher than that of France, it means that even if output is less, people in the other country can buy more things with less income than people in France. (Remember than when calculating GDP, output is the same as income).

4 0

4 years ago

An alien drops onto the planet, and the only books he reads are horatio alger, jr., novels. the alien concludes that:

Alex

The alien concludes that <span>the rags-to-riches narrative of social mobility is true and realistic.
As it turn out many considerations need to be made from the rags to riches narrative. For example, it is true that as individuals we need to work hard to achieve success in our career, but we can't deny the fact that born in wealthy family will give children a clear competitive advantage in education or ways to raise capitals for the business, which make it harder for poor people to actually become wealthy.</span>

7 0

3 years ago

On April 3rd, Terry purchased and placed in service a building. The building cost $2 million. An appraisal determined that 25% o

Naily [24]

Answer:

$38,640

Explanation:

25% land - $2,000,000*0.25 = $500,000

75% building - $2,000,000*0.75 = $1,500,000

$160,000 buildings and $32,000 business = residential property

=$1,500,000*0.02576

= $38,640

5 0

3 years ago

Grand Canal Incorporated issued 10-year bonds six years ago with an annual coupon rate of 9.625% APR. The bonds have a face valu

aleksklad [387]

Answer:

$1,125.98

Explanation:

market price of the bonds = present value of face value + present value of coupons

PV of face value = $1,000 / (1 + 0.0599)⁴ = $792.39

PV of coupons = coupon x {1 - [1/(1 + r)ⁿ]} / r = 96.25 x {1 - [1/(1 + 0.0599)⁴]} / 0.0599 = 96.25 x 3.34659 = $333.59

market value = $792.39 + $333.59 = $1,125.98

6 0

3 years ago