mel's dress shop received an invoice dated july 17 for $1,200 with terms of 2/10, 1/15, n/60. on july 20, mel dress shop sent a
2 answers:
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Answer:
1.04 inch
Step-by-step explanation:
Given: Old house has a basement stairways with 7.25 inch vertical riser and 7 inch horizontal treads.
Remember; horizontal treads is known as run in steps.
Now, calculating the slope of the stairways.
Formula:
Rise= 7.25 inch
Run= 7 inch.
Subtituting the value in the formula
Slope= (∵ Round to two decimal)
∴ Slope of stairways is 1.04.
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Answer:
a) see the attached spreadsheet (table)
b) Calculate, for a 10-year horizon; Computate for a longer horizon.
c) Year 13; no
Step-by-step explanation:
a) The attached table shows net income projections for the two companies. Calculate's increases by 0.5 million each year; Computate's increases by 15% each year. The result is rounded to the nearest dollar.
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b) After year 4, Computate's net income is increasing by more than 0.5 million per year, so its growth is faster and getting faster yet. However, in the first 10 years, Calculate's net income remains higher than that of Computate. If we presume that some percentage of net income is returned to investors, then Calculate may provide a better return on investment.
The scenario given here is only interested in the first 10 years. However, beyond that time frame (see part C), we find that Computate's income growth far exceeds that of Calculate.
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c) Extending the table through year 13, we see that Computate's net income exceeds Calculate's in that year. It continues to remain higher as long as the model remains valid.
