Answer:
$51. 15
Explanation:
The selling price is $58.82
The mark-up is 15% of the selling price.
The cost price is ???
The $58.82 is 115% of the cost price.
the cost price is 100%
cost price
= 58.82/115 x 100
= $0.5114 X 100
=$51. 15
Answer:
Library of Congress (LOC)
Explanation:
A library also known as a bookhouse can be defined as an institution having various collection of books and other informative materials that people can read to gain more knowledge, insight and motivation about a particular topic. An example of a library is the Library of Congress (LOC) located in Washington DC, United States of America.
Library of Congress (LOC) refers to the research library used by the Congress of the United States of America to provide or gain access to a diverse and rich source of knowledge (informations) about things, places, animals, plants, people, etc.
Basically, it comprises of millions of literary works such as manuscripts, books, photographs, maps, recordings, newspapers in its collection and as a result of this, it is known to be the largest library in the world.
The Library of Congress (LOC) offers users an "Ask a Librarian" feature to inquire about the library's collections. Therefore, users can easily make enquiries from a librarian on any thing they aren't clear about using the Library of Congress (LOC).
An equality and diversity policy is basically a written agreement for your organization on how you will avoid discrimination and provide a safe and inclusive environment for your members and service users.
<h3>What is meant by currency of a plan?</h3>
The currency in which the Policy is denominated, as described in the Policy Schedule, is referred to as the Policy Currency.
The assessment of the currency of diversity plan or policy therefore, is the process of ensuring that a diversity policy or plan is up to date.
Learn more about diversity plans:
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Answer:
$25.86.
Explanation:
To address this problem we first calculate the present value of all dividend received at time t = 20, then we discount that sum to time t = 0 (now).
The cashflow pattern of this preferred stock is similar to perpetuty.
Stock value at time t = 20 = Dividend/Required rate of return = 20/10.5% = 190.48
Stock value at time t = 0 = (Stock value at time t = 20)/(1 + Required rate of return)^20 = 190.48/(1 + 10.5%)^20 = 25.86.
Answer:
Explanation:
Rule 70 is used to estimate how long it tales a cashflow amount to double.
The formula is as follows ;
Number of years = 70 / growth rate
<u>At 1.4% growth rate;</u>
Number of years = 70 / 1.4 = 50
<u>At 3.2% growth rate;</u>
Number of years = 70 / 3.2 = 21.88
<u>At 4.9% growth rate;</u>
Number of years = 70 / 4.9 = 14.29
<u>At 6.4% growth rate;</u>
Number of years = 70 / 6.4 = 10.94
<u>At 7.5% growth rate;</u>
Number of years = 70 / 7.5 = 9.33
