1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Juliette [100K]
3 years ago
8

Last summer the price of gasoline changed frequently. one station owner noticed that the number of gallons he sold each day seem

ed to vary inversely with the price per gallon. if he sold 2700 gallons when the price was ​$3.80​, how many gallons could he expect to sell if the price fell to ​$3.50?
Business
1 answer:
mafiozo [28]3 years ago
7 0
I'd say 2,487 because if you take 2,700 gallons ÷ $3.80= 710.5263157895 and then take 710.5263157895 and multiple is by $3.50
You might be interested in
Using the information provided, analyze the affects of Lawry Lawn Service's transactions on the accounting equation.
Arlecino [84]

Answer:

Common Stock $3,400 (credit)

Mower $1,600 (debit)

Revenue Service $1,000 (credit)

Cash $2,600 (debit)

Gas Expense    $100 (debit)

Dividends $0

Explanation:

See below the posting i have done to the ledger accounts.

Mower T - Account

Debit :

Accounts Payable       $1,600

Credit :

Balance c/d                 $1,600

Revenue Service T - Account

Debit :

Balance c/d                 $1,000

Credit :

Account Receivable   $1,000

Cash T - Account

Debit :

Common Stock         $3,400

Credit :

Gas Expense                 $100

Dividends                     $700

Balance c/d                $2,600

Gas Expense T - Account

Debit :

Cash                                $100

Credit :

Balance c/d                    $100

Dividends - T Account

Debit :

Shareholders for dividends    $700

Credit :

Cash                                         $700

7 0
4 years ago
On january 2, fafnir co. purchased a franchise with a finite useful life of 10 years for $50,000. an additional franchise fee of
skelet666 [1.2K]

The amount should Fafnir report as intangible asset - franchise is -

Purchase value of Franchise = $ 50,000

Life of Franchise = 10 years

Salvage value = $ 0 ( not given)

Since, no other methods of amortization are specifically mentioned, straight line method will be used.

Book value of Franchise = Purchase price - Amortization expenses

Book value of Franchise = $ 50,000 - [ ( $ 50,000 - $ 0) / 10 Years ]

Straight-line depreciation = ( Purchase price - Salvage value) / Number of years

Book value of Franchise = $ 50,000 - $ 5,000 = $ 45,000

The amount should Fafnir report as intangible asset - franchise is = $ 45,000

7 0
4 years ago
Alfonso has noticed that increases in unemployment insurance claims are associated with recessions, and therefore be advocates l
7nadin3 [17]

Answer:

<em>c. The reasoning of both Alfons and Mary suffers from the omitted variable problem</em>

Explanation:

The issue of omitted variables occurs as a result of mis-specification of a linear regression model, which could be either because the impact of the omitted variable on both the dependent variable is unclear, or the evidence was not accessible.

This causes you to omit the variable from your regression, resulting in over-estimation (upward bias) or underestimation (downward) of the influence of one of the other predictor variables.

3 0
3 years ago
Innov Inc. manufactures electronics and home appliances for the environment-conscious buyer. It has recently launched an online
lesantik [10]

Answer:

d. Idea development

Explanation:

Based on the information provided within the question it seems that Innov Inc. is in the Idea development process of product development. This is the process of coming up with different designs for feasible products that may be profitable and worth while for the company. These ideas then go into the screening process where the best ideas are chosen to be produced.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

4 0
3 years ago
Which of the following occupations is NOT included in the skilled career pathway?
larisa [96]

Answer:

C. Freelance Writer

Explanation:

Just took the test :)

6 0
3 years ago
Other questions:
  • After the death of her husband, Gina Baker, 35, received a check for $350,000 from a life insurance company. Gina has two small
    8·2 answers
  • On December 31, 20X4, Pack Corp.'s Board of Directors canceled 50,000 shares of $2.50 par value common stock held in treasury at
    13·2 answers
  • Order these loans from highest monthly payment to lowest monthly payment. (Enter 1 as your answer to designate loan with highest
    11·1 answer
  • What branches or specializations concentrate their efforts and work on business, work and life satisfaction in psychology ?
    7·1 answer
  • The Sugar Sweet Company will choose from two companies to transport its sugar to market. The first company charges $3995 to rent
    12·1 answer
  • The government sets the price of subsidized corn too low. Which of the following statements describes the result?
    11·2 answers
  • Which of the following is typically NOT the way in which real property ownership can be transferred: a. Will. b. By sale. c. Inh
    6·1 answer
  • Mills Corporation's balance sheet included the following information: Accounts Receivable $ 560,000 Less: Allowance for Doubtful
    8·1 answer
  • Dollar General sells convenience items such as light bulbs, laundry detergent, and milk at a lower price than a customer pays at
    11·1 answer
  • 1. You are evaluating the purchase of HypeToys, Inc. common stock that just paid an annual dividend of $1.80. You expect the div
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!