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
Fynjy0 [20]
3 years ago
14

in 2006, selected automobiles had an average cost of $16,000. The average cost of those same automobiles is now $28,000. What wa

s the rate of increase for these automobiles between the two time periods?
Business
1 answer:
Nonamiya [84]3 years ago
5 0
Thank you for posting your question here at brainly. I hope the answer will help you. Feel free to ask more questions.

The  rate of increase for these automobiles between the two time periods is <span>75 percent.

Below is the solution:

</span><span>($28,000 – $16,000) / $16,000 = .75 (75 percent)</span>
You might be interested in
What phrase could a licensee use in advertising that would not discriminate on the basis of familial status
Artist 52 [7]

Senior discount is the phrase that a licensee could use in advertising that would not discriminate.

A familial status discrimination is known to occurs when the landlord, manager  or property owner treats someone very differently.

The other options clearly discriminate the familial status.

Hence, the Senior discount is the phrase that a licensee could use in advertising that would not discriminate.

Therefore, the Option is correct.

Missing options <em>"Couples only Empty nesters No bicycles allowed Senior discount"</em>

<em />

Read more about Discount

<em>brainly.com/question/912869</em>

6 0
3 years ago
A church building fund has invested some money in two ways: part of the money at 3% interest and four times as much at 2.75%. Fi
irga5000 [103]

Answer:

amount invested at rate 3 % is $20000

and amount invested at rate 2.75 % is $80000

Explanation:

given data

interest = 3%

four times = 2.75%

total annual income from interest = $2800.

solution

we consider here part of money p1  = x

rate r1 = 3%

and

4 time money p2 = 4x

rate r2 = 2.75 %

so we apply interest formula that is

interest = Principal×Rate×Time

2800 = { x × 0.03 × 1 } + { 4x × 0.0275 × 1 }

solve it we get

x = 20,000

and

and 4x will be = 4 × 20,000 = 80,000

so here

amount invested at rate 3 % is $20000

and amount invested at rate 2.75 % is $80000

7 0
3 years ago
Calvin Coolidge Select one:_______. a) raised taxes and increased government regulation of business. b) raised taxes but decreas
SOVA2 [1]

Answer:

e) lowered taxes and decreased government regulation of business.

Explanation:

Calvin Coolidge who was a politician and lawyer, born on the 4th July, 1872 in Plymouth Notch, Plymouth, Vermont, United States. He was the 30th president of the United States of America from the 2nd of August, 1923 till the 4th of March, 1929.

Calvin Coolidge lowered taxes and decreased government regulation of business.

4 0
3 years ago
A firm has a debt-equity ratio of .62, a total asset turnover of 1.24, and a profit margin of 5.1 percent. The total equity is $
jekas [21]

The amount of net income is $50,158.93.

Given:

Debt ratio = 62%

Asset turnover = 1.24

Profit margin = 5.1%

Total equity = $489,600

Find the Total Debt:

Debt = debt ratio × total equity

Debt = 0.62 * 489,600

Debt = $303,552

Find the Total Assets:

Total assets = Total debt + Total equity

Total assets = $303,552 + $489,600

Total assets =  $793,152.

Find Total Turnover:

Turnover = Total assets * Total asset turnover ratio

= $793,152. * 1.24

= $983,508.48

Now find the amount of Net Income:

Net Income = Turnover * Profit margin

Net Income = $983,508.48 * 5.1%

= $50,158.93

The amount of net income is $50,158.93.

Learn more about Net Income on:

brainly.com/question/15530787

#SPJ4

8 0
2 years ago
2. If a plant asset costs $6,000.00, has accumulated depreciation of $5,000.00, and is sold for $1,200.00, the gain or loss on d
Sliva [168]

Answer:

(C) $200.00 gain

Explanation:

The gain or loss on sale of fixed asset is calculated as follows:

Gain\Loss = Sale Price - (Cost of asset - Accumulated Depreciation)

If the value is positive it is gain and if the value is negative it is loss.

Here, we are provided that cost of asset = $6,000

Accumulated Depreciation = $5,000

And selling Price = $1,200

Thus, Gain/Loss = $1,200 - ($6,000 - $5,000)

= $1,200 - $1,000 = $200

As the value is positive that is selling price is more than carrying value of the asset there is a gain of $200

Thus, the correct option is

(C) $200.00 gain

6 0
3 years ago
Other questions:
  • On November 10 of the current year, Cherokee Industries sold materials to a customer for $8,000 with credit terms 2/10, n/30. Ch
    8·2 answers
  • Which selections use effective you attitude? Check all that apply.
    15·1 answer
  • If the attention-getter of a sales message does not introduce a product, _____
    6·1 answer
  • The subscription rate of a new offering is generally _______ than the rights-on price and _______ than the ex-rights price.
    14·1 answer
  • You are negotiating to make a 7-year loan of $37,500 to Breck Inc. To repay you, Breck will pay $2,500 at the end of Year 1, $5,
    13·1 answer
  • Eastern Inc. purchases a machine for​ $15,000. This machine qualifies as a fiveminusyear recovery asset under MACRS with the fix
    15·1 answer
  • A manager of a fiberglass molding operation suspects that the number of process failures is related to the number of total units
    8·1 answer
  • Based on the current economic situation of our country, do you feel that your personal finances can be affected?
    6·1 answer
  • Based on the following data, determine the cost of merchandise sold for October. Merchandise Inventory, October 1 $ 98,560 Merch
    15·1 answer
  • Hello can someone help me with this because i'm confused about it
    5·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!