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iragen [17]
3 years ago
5

You are shopping for a new printer to take back to college with you. You decide on the PIXMA iP100 due to its superior photo pri

nt quality and are now looking for the best price. Different stores have different deals, plus the manufacturer was offering a $30 mail-in post-purchase rebate. You determined from the Canon website that the MSRP for the printer was $299 but one online store had it listed for $279. That price included free shipping, which you figured was at least a $20 savings. In addition, the seller included a USB cord necessary to connect the printer to your laptop, which was priced at $25 on Canon's website. While the online store paid for shipping, there was a $5 fee to insure the printer during shipping. The online store did take trade-ins of old printers, but you didn't have any used printers to trade anyway. Finally, the online store offered a special holiday coupon on this printer that was good for an additional $10 off the price of the printer.
21. What was your final price for the printer?
a)$244
b) $219
c) $209
22. Assuming that the store’s cost for the printer and the USB cord was 50% of its list price and that shipping was set at its cost, what were the seller’s costs for this transaction?
a)$164.50
b) $152
c)$172
23. How much profit did the online store make on the sale of this printer?
a)$102
b) $82
c) $92
24. If the online store charged $209 for the printer, what percentage discount would you have received from MSRP?
a)30%
b)25%
c)20%
25. For most products, a decrease in price will _______
a)value.
b)have no effect on
c)increase
d)decrease
Business
1 answer:
kompoz [17]3 years ago
5 0

Answer:

21. a)$244

22. b) $152

23. c) $92

24. a)30%

25 c)increase

Explanation:

21. Final price of the printer = listed price $279 - $30 mail-in post-purchase rebate + $5 fee to insure the printer during shipping - additional $10 off the price of the printer = $244

22. the seller’s costs for this transaction = 50% its price for the printer & USB = 50% * $279 + 50% * 25= $152

23. The profit on sale of this printer = final price – cost for this transaction = $244 - $152 = $92

24 Manufacturer suggested retail price is $2999; and if the online store charged $209 for the printer, the percentage of discount = (299-209)/299 = 30%

25. For most products, a decrease in price will increase value

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Sheridan Corp is looking to invest in a three-year bond that makes semi-annual coupon payments at a rate of 5.825 percent. If th
krek1111 [17]

Answer:

The annual YTM will be = 0.063496 or 6.3496% rounded off to 6.35%

Explanation:

The yield to maturity or YTM is the yield or return that an investor can earn on the bond if the bond is purchased today and is held till the bond matures. The formula to calculate the Yield to maturity of a bond is as follows,

YTM = [ ( C + (F - P / n))  /  (F + P / 2) ]

Where,

  • C is the semi annual coupon payment  in case of semi annual bond
  • F is the Face value of the bond
  • P is the current value of the bond
  • n is the number of semi annual periods to maturity  in case of the semi annual coupon bond

Assuming that the face value of the bond is $1000.

Coupon payment - semi annual= 1000 * 0.05825 * 6/12 = 29.125

Number of semi annual periods = 3 * 2 = 6

YTM - semi annual= [ (29.125 + (1000 - 985.63 / 6))  /  (1000 + 985.63 / 2)

YTM - semi annual= 0.031748 or 3.1748% rounded off to 3.17%

The annual YTM will be = 0.031748 * 2 = 0.063496 or 6.3496% rounded off to 6.35%

8 0
2 years ago
Which form of negligence is defined as performance of an unlawful or improper act?
pickupchik [31]

Which form of negligence is defined as performance of an unlawful or improper act?

The answer to this problem would be misfeasance or nonfeasance.

5 0
3 years ago
Assume that on September 30​, 2017​, Flyair​, an international airline based in​ Germany, purchased a Jumbo aircraft at a cost o
Murrr4er [49]

Answer: Highest income=The units of Production method of depreciation with $3,412,500

Lowest income=double declining depreciation method with $18,000,000

Explanation:

a) Using Straight line depreciation method

(Cost of value - Salvage value)/ Useful life =(45,000,000 -6,000,000)/5 =$7,800,000

b)Using  Units-of-production depreciation method

Depreciation Expense = (Cost – Salvage value) x (Number of units produced / Life in number of units)

=45,000,000 -6,000,000) x (350,000/4,000,000)= $3,412,500

b)Using Double-declining-balance  depreciation method

Depreciation Expense = Beginning book value x Rate of depreciation

Rate of depreciation = 100% / useful life x 2= 100/5 x2 = 40 %

Depreciation expense = 40 % x $45,000,000 =$18,000,000

or you use this method directly= 45,000,000/5 x 2= $18,000,000

Now the highest income will come from the depreciation with least expense and from our calculation,  the depreciation method with the least expense is from The units of Production method with $3,412,500

In the same vein, the lowest income will come from the most depreciation expense, therefore the most depreciation expense is from the double declining method with $18,000,000

6 0
3 years ago
A good with many close substitutes is likely to have relatively ___________(elastic,inelastic) demand, since consumers can easil
butalik [34]

Answer:

Elastic demand

A heart valve

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A good with many close substitutes will have a highly elastic demand. This is because an increase in the price of the good will causes the consumers to purchase one of its cheaper substitutes.  

If both a diamond necklace and a heart valve for heart attack victims are priced the same, the price elasticity for the heart valve will be lower. This is because the diamond necklace is a luxury good but the heart valve is necessary for the survival of the victim.

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Currently digby is paying a dividend of $19. 67 (per share). if this dividend were raised by $3. 64, given its current stock pri
Oliga [24]

Given its current stock price the dividend yield would be 42.39%.

Given,

Digby is paying a dividend of $19. 67 (per share)

Dividend were raised by $3. 64

Dividend yield = Dividend per share / Market price per share.

As there is no share price given, I shall assume that the share price is $100. The new share price will be:

= 100 * (1 + $3. 64)

= $464

The Dividend yield would then become:

= 19.67 / 464

= 42.39%

The dividend yield will be calculated on the basis of the dividend per share divided by the market price per share and this will be calculated on the basis of the percentage.

To learn more about dividend yield here:

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3 0
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