A price markup is an increase in the price the dealer sells that he ensures in order to gain guaranteed profit. If the markup is 20%, this means that he added 20% of what he paid for the car, and used this price for sale. Therefore, we let x be the price the dealer paid for the car.
$5999 = x + 0.2x = 1.2x
x = $4999
Thus, the dealer paid $4999 originally for the car.
Answer:
Consider the following explanation
Explanation:
Under Effective interest method, Interest calculated at the effective interest rate (i.e., the yield of the bond) is charged as an expense annually, and the payment made basis the Coupon rate.
In the given case, interest to be paid semi annually i.e, on June 30 and on December 31, will be $62,500 (i.e., 2,500,000 * 5% * 6/12).
On the basis of above, the interest expense to be charged in the 2017 can be calculated as follows: take a look to the attached archive.
As calculated above, the amount to be charged as interest expense for the year 2017 is (80,220 + 80,840 i.e.,) $ 161,060.
Answer:
a) Navigate to the + New button then find the Transfer link
Explanation:
In the case when the client wants to transfer $500 from the checking to the saving account so that the liabilities of the tax could be covered. Now the process would be started via navigating it to the new button and then find the transfer link
Therefore the correct option is a
Hence, the rest of the options are incorrect
D. Resourcefulness; if you can pick more than one than also chose A. Confidence.
Answer:
b. rise, so demand in the market for foreign-currency exchange shifts right.
Explanation:
- An increase in the interest rates leads to a rise in the capital outflow as savings and investment lead to more net capital outflow.
- This is the movement of the assets on the company and is considered to be bad for the economy and leads to undesirable changes in the supply of the foreign currency as a shift in the demands of the consumers. This may result in political and economic instability.
