All categories

3 years ago

The definition of a business is:

Business

1 answer:

kykrilka [37]3 years ago

4 0

Answer:

a person's regular occupation, profession, or trade.

Explanation:

You might be interested in

8. Hebner Housing Corporation has forecast the following numbers for this upcoming year: Sales $1,000,000 Cost of Goods Sold 600

lions [1.4K]

Answer:

Sales = 12,50,000

Explanation:

Detailed steps are given below

8 0

3 years ago

Which is most true of an annual rate of 4% compounded quarterly? A) It is equivalent to 4.4% paid annually. B) It is equivalent

Artemon [7]

Answer:

D) It is equivalent to 4.06% paid annually

Explanation:

Since it is not talking about annuity and simple compound interest, therefore assuming investment value = $100 then interest will be as follows:

Interest for each quarter = $\frac{4}{100} \times \frac{3}{12}$ = 1%

But this 1% will be paid on the compounded value

Interest at end of Quarter 1 = $100 X 1% = $1

Compounded value at end of Quarter 1 = $100 + $1 = $101

Interest at end of Quarter 2 = $101 X 1% = $1.01

Compounded value at end of Quarter 2 = $101 + $1.01 = $102.01

Interest at end of Quarter 3 = $102.01 X 1% = $1.0201

Compounded value at end of Quarter 3 = $102.01 + $1.0201 = $103.0301

Interest at end of Quarter 4 = $103.0301 X 1% = $1.030301

Compounded value at end of Quarter 4 = $103.0301 + $1.030301 = $104.060401

Now net return annually = $4.060401/$100 = 4.06%

Final Answer

D) It is equivalent to 4.06% paid annually

6 0

3 years ago

You rented space for a kiosk at the mall last year for the holiday season for $750. This year they increased it to $825. What is

bekas [8.4K]

Answer:

10%

Explanation:

Cost of kiosk last year = $750

Cost of kiosk this year = $825

Percentage increase = $825-$750 / $750 * 100

Percentage increase = $75 / $750 * 100

Percentage increase = 10%

So the percentage increase in the cost of rent is 10%.

6 0

3 years ago

A Lorenz curve showing perfect equality in the distribution of income:

valentinak56 [21]

Answer:

Option (C) is correct.

Explanation:

Lorenz curve is a graphical representation of percentage of total national income on the y-axis and percentage of total population. This curve shows us the degree of inequality of income distribution. It is one of the crucial measure of poverty.

In a inequality income distribution graph, there is a straight diagonal line at 45 degree angle and the Lorenz curve. The larger the difference between these two curves, the larger will be the inequality in the income distribution.

5 0

3 years ago

The Acmeville Metropolitan Bus Service currently charges $ 0.67 for an all-day ticket, and has an average of 472 riders a day. T

Otrada [13]

Answer:

The price elasticity of demand is -3.7

Explanation:

Price Elasticity of demand measure the responsiveness of demand against the change in price of the product.

Simple percentage method calculate the price elasticity by taking ratio of percentage change in Demand to percentage change in price of the product.

Percentage change in Demand = ( Revised demand - Initial demand ) / Initial demand

Percentage change in Demand = ( 182 riders - 472 riders ) / 472 riders = -0.6144 = -61.44%

Percentage change in Price = ( Revised Price - Initial Price ) / Initial Price

Percentage change in Price = ( $0.78 - $0.67 ) / $0.67 = 0.1642 = 16.42%

Price Elasticity = Percentage change in Demand / Percentage change in price

Price Elasticity = -61.44% / 16.42% = -3.74 = -3.7

6 0

3 years ago