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
ehidna [41]
3 years ago
5

Suppose Brian is in the market for a used textbook and the campus bookstore is having a sale. If the initial price of the used b

ook is $85 and the discounted price is $55 , what is the percentage change in the book price? Round your answer to two places after the decimal.
Business
1 answer:
pishuonlain [190]3 years ago
5 0

Answer:

35.29%

Explanation:

Data provided in the question:

Market price of the used book = $85

Discounted price = $55

Now,

The percentage change in the book price will be calculated as:

=\frac{\textup{Market price - Discounted price}}{\textup{Market price}}\times100

on substituting the respective values, we get

=\frac{85-55}{85}\times100

= 35.29%

Hence,

the percentage change in the book price is 35.29%

You might be interested in
On January 1, Novak Corp. issued $3600000, 14%, 5-year bonds with interest payable on December 31. The bonds sold for $3859546.
Juliette [100K]

Answer:

the debit entry to Interest Expense is $463,145.52

Explanation:

The computation of the debit entry to Interest Expense is given below:

= Bonds carrying value × Market rate of interest

= $3,859,546 × 12%

= $463,145.52

Hence, the debit entry to Interest Expense is $463,145.52

We simply applied the above formula and the same is to be considered

6 0
3 years ago
need this ASAP. question: Explain how a government is able to slow down or speed up the economy’s rate of growth.
Varvara68 [4.7K]
By adjusting spending and tax rates (known as fiscal policy) or managing the money supply and controlling the use of credit (known as monetary policy), it can slow down or speed up the economy's rate of growth and, in the process, affect the level of prices and employment.
7 0
3 years ago
Sheffield Company discovered the following errors made in January 2022.
Tasya [4]

Answer:

A)

1. Dr Cash 400

    Cr Equipment 400

Dre Wages expense 400

    Cr Cash 400

2. Dr Service revenue 550

    Cr Cash 550

Dr Cash 5,500

    Cr Service revenue 5,500

3. Dr Accounts payable 260

    Cr Equipment 260

Dr Equipment 620

    Cr Accounts payable 620

B)

1. Dr Wages expense 400

    Cr Equipment 400

2. Dr Cash 4,950

    Cr Service revenue 4,950

3. Dr Equipment 360

    Cr Accounts payable 360

4 0
3 years ago
How much will we end up buying?
makvit [3.9K]
I think its 500 cause yes
4 0
3 years ago
Which of the following is most likely to occur as you add randomly selected stocks to your portfolio, which currently consists o
jarptica [38.1K]

Answer: b. The diversifiable risk of your portfolio will likely decline, but the expected market risk should not change.

Explanation:

Diversifiable risk is a risk that a particular security has or which can be seen in a certain sector. Market risk occurs when there's possibility that a particular investor will make loss due to certain factors which affects the entire market.

In the above scenario, the most likely to occur will be that the diversifiable risk of the portfolio will likely decline, but the expected market risk should not change.

It should be noted that diversification won't eliminate market risk. When more stocks are added, this brings about decline in diversification risk but market risk won't change.

5 0
3 years ago
Other questions:
  • When venturing into a foreign country for business, which controllable risk will you most likely face?
    9·1 answer
  • Microsoft microsoft netscape $30 free netscape $30 $3 billion / $3 billion $-1 billion / $4 billion netscape free $4 netscape an
    12·1 answer
  • Name 5 banking task that can be done online
    6·2 answers
  • Rhett corporation manufactures and sells dress shirts. each shirt (unit) requires 3 yards of cloth. selected data from rhett's m
    8·1 answer
  • If real gdp per capita grows at a rate of 5 percent per year consistently over time, how many years will it take for it to doubl
    5·1 answer
  • Planet Earth Developers is a large nationwide construction company with home offices in Lansing, MI. The local media often remar
    12·1 answer
  • g You invest 56% of your money in Stock A and the rest in Stock B. The standard deviation of annual returns is 49% for Stock A a
    5·1 answer
  • Your Company makes and sells a single product. Each unit sells for $32 dollars and has a unit variable cost of $20. The company
    8·1 answer
  • why did the gradute students and professors score lower than chimpanzees in Rosling's global health pre test?​
    9·2 answers
  • The most important part about having an effective organizational culture is to:
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!