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Oksi-84 [34.3K]
3 years ago
6

A wool​ suit, discounted by 60 % for a clearance​ sale, has a price tag of $ 620. What was the​ suit's original​ price?

Business
1 answer:
never [62]3 years ago
6 0

Answer:

$1,550

Explanation:

Given that

Price tag = $620

Discount percentage = 60%

By taking the information,

The computation of the suit original price equal to

= Price tag ÷ (1 - discount percentage)

= $620 ÷ (1 - 0.60)

= $620 ÷ 0.40

= $1,550

Therefore, the suit original price is $1,550 after considering the discount percentage and the price tag.

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Rory Company has a machine with a book value of $75,000 and a remaining five-year useful life. A new machine is available at a c
Alborosie

Answer: $7,500

Explanation:

In calculating the Incremental income we will add the amount of variable Manufacturing costs Rory Company will save as well as the income they will get from selling the old machine and then subtract the cost price of the new machine.

Starting off we will calculate the amount of savings they will make by using the new machine,

= $12,000 x 5 years

= $60,000

Calculating the Incremental income therefore we have,

= 60,000 + 60,000(from selling old machine) - 112,500 (cost of new machine)

= $7,500

The incremental income of buying the new machine is $7,500.

If you need any clarification do comment.

5 0
3 years ago
A company is considering building a new factory, which department is most likely going to be in charge of evaluating options to
mamaluj [8]

Answer:

Explanation:

Sunk, or past, costs are monies already spent or money that is already contracted to be spent. A decision on whether or not a new endeavor is started will have no effect on this cash flow, so sunk costs cannot be relevant.

For example, money that has been spent on market research for a new product or planning a new factory is already spent and isn’t coming back to the company, irrespective of whether the product is approved for manufacture or the factory is built.

Committed costs are costs that would be incurred in the future but they cannot be avoided because the company has already committed to them through another decision which has been made.

5 0
3 years ago
the accompanying diagram depict's alex's demand for shoes. a. if shoes cost $50 a pair, how many pairs of shoes will alex buy?
luda_lava [24]

If shoes cost $50 a pair, the number of shoes she would buy is 5.

<h3>How many shoes will she buy?</h3>

The image shown is a demand curve. A demand curve shows the relationship between price and quantity demanded. Price is on the y-axis and quantity demanded is on the x-axis.

In order to determine the quantity demanded, trace $50 to the curve and trace it down to the x axis.

Please find attached the diagram used in answering this question. To learn more about the demand curve, please check: brainly.com/question/25140811

#SPJ11

6 0
2 years ago
Which best describes a way people can use personal loans? to buy a house to buy a car to pay for college to pay for groceries
Svet_ta [14]

Personal loans are unsecured loans offered by financial institutions based on factors such as employment history, repayment capacity, income level, profession, and credit history.

<h3>How do personal loans work?</h3>

When you are approved for a personal loan, the funds are often sent directly into your checking account. When you acquire a loan to refinance current debt, you can occasionally ask your lender to pay your invoices directly.

Prepare to begin payback within 30 days, regardless of how you receive your payments. If you have a variable-rate loan, your interest rate will fluctuate, which may cause the amount you owe to alter from month to month.

When you pay off your personal loan, the credit line is closed.

Thus, Option D is correct which describes personal loans.

For more information about Personal loans refer to the link:

brainly.com/question/19106746

8 0
2 years ago
Read 2 more answers
At September 1, 2018, Swifty Co. reported stockholders’ equity of $156000. During the month, Swifty generated revenues of $37400
kenny6666 [7]

Answer:

$171,360

Explanation:

Given that,

At September 1, 2018, Swifty Co. reported stockholders’ equity = $156,000

Revenues = $37,400

Expenses = $20,000

Purchased equipment = $4,920

Paid dividends = $2,040

Net income:

= Revenues - Expenses

= $37,400 - $20,000

= $17,400

Stockholders’ equity at September 30, 2018:

= Beginning balance + Net income - Dividend paid

= $156,000 + $17,400 - $2,040

= $171,360

Therefore, the amount of stockholders’ equity at September 30, 2018 is $171,360.

4 0
3 years ago
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