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ArbitrLikvidat [17]
3 years ago
9

You ordered items on sale for $78.90. the regular price for the items was $100.50. if the shipping is the same for both orders a

nd the sales tax is 6 1/2%, how much did you save by buying on sale?
Business
1 answer:
VARVARA [1.3K]3 years ago
4 0

Answer:

$23.00

Explanation:

100.50 + 6.5% = $107.03

78.90 + 6.5% = $84.03

107.03 - 84.03 = $23.00 saved

Good luck !

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Suppose two successive levels of disposable personal income increases from $16 to $21 billion and the change in consumption spen
Montano1993 [528]

Answer: 0.4

Explanation: MPC, that is, marginal propensity to consume is used to quantify the consumption induced. As we know that, MPC is calculated as follows :-

MPC\:=\:\frac{Chane\:in\:consumer\:spending}{change\:in\:income}

MPC\:=\:\frac{2}{21-16}

MPC\:=\:\frac{2}{5}

                 = 0.4

5 0
3 years ago
Question 1
Svetach [21]

1. An example of bartering is Sarah trades her apple for Ava's bag of chips.

2. Gold has historically functioned as money because it is a medium of exchange.

3. In the hypothetical economy, rice is said to be a commodity money.

4. When Pudding cups serve as a unit of account, it means that the price of other lunch items is expressed in quantities of pudding cups.

5. The difference between the U.S. dollar, and a U.S. gold certificate is a  U.S. dollar does not have value in addition to its value as money.

Trade by barter is when people exchange goods with goods. Money is not used in a trade by barter. Trade by barter was used before the invention of money. For example, a trade by barter occurs when Sarah trades her apple for Ava's bag of chips.

Commodity money is money for which its value comes from the commodity from which it is made.

Fiat money is currency whose value is not backed up by any asset. Representative money is money whose value is backed up an asset.

Money can be described as something that is accepted as a means of payments for products.

 <em><u>Functions of money </u></em>

1. Medium of exchange: money serves as a medium of exchange when it is accepted as payment for goods and services. For example, 2 ounces of gold is accepted as means of payment for a dress.  

2. Unit of account: money can be used to determine the value goods and services, For example, 2 cups of puddings is equivalent to plate of fruits.  

3. Store of value: money can retain its value over the long term, this it can be used as a store of value.

To learn more about money, please check: brainly.com/question/14816216?referrer=searchResults

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3 years ago
Abc company was originally divided into separate units based on function. last year, abc company expanded into several new geogr
7nadin3 [17]
Abc migrated to a Corporation type of company to reduce cost.
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3 years ago
Read 2 more answers
At December 31, 2020, Ivanhoe Corporation had a deferred tax liability of $26,800. At December 31, 2021, the deferred tax liabil
Tju [1.3M]

Answer:

$65,300

Explanation:

Ivanhoe's income tax expense = deferred tax liability 2021 - deferred tax liability 2020 + current tax expense 2020 = $42,800 - $26,800 + $49,300 = $65,300

A deferred  tax liability occurs when a corporation's income statement shows a certain amount following US GAAP, but the tax rules used by the IRS determine a different amount.

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_____ is a strategy used when giving constructive feedback.
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The Sandwhich technique is a strategy used when giving constructive feedback. 
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