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
vova2212 [387]
3 years ago
6

If Adam orders a book from Store X, how much will he owe to the nearest cent? The tax rate only applies to the cost of the book.

Comparison of Online Bookstores Store X Store Y Cost of book $17.00 $18.00 Tax rate 6% 8% Shipping 10% of cost of the book FREE
Business
1 answer:
Neporo4naja [7]3 years ago
5 0

Answer:

$19.72

Explanation:

The costs associated with ordering from store X are

  • cost of the books $17
  • tax rate 6%
  • Shipping cost 10%

The total cost that Adam will pay

<u>a). cost of the book $17.00</u>

<u>b). 6% tax</u>

=6/100 x $17

=0.06 x $17

=$1.02

<u>c). The shipping rate 10% </u>

=10/100 x $17

= 0.1 x $17

=1.7

Adam will pay =$17 +$ 1.02 +$ 1.7

=$19.72

You might be interested in
You bought four put options (each on 100 shares) on EZ stock with an exercise price of $35 per share and an option price of $1.3
Stella [2.4K]

Answer:

-$ 540

Explanation:

Put Option - provides right to sell share at exercise price on expiry.

As it is an Right not Obligation, Thus, buyer will exercise the right only if he is gaining at expiry and he will gain only if exercise price is higher than spot price at expiry

In this case Exercise Price ($ 35) is lower than the spot price ( $ 36.25) at expiry. Thus he will not execrise the option.

He will lose all what he spend in buying option that is $ 1.35 per share

Thus,

Net profit or loss on this investment = 4 Options * 100 Shares each * Loss of $ 1.35 per Share

Net profit or loss on this investment = 4 * 100 * (-1.35)

Net profit or loss on this investment = -$ 540

4 0
3 years ago
Suppose students like to eat pepperoni pizza, bean and rice burritos, and hamburgers (made from beef) from the food establishmen
Blababa [14]

Answer:

  • <u><em>c. The price of cheese increases</em></u>

Explanation:

Since the resources (money) are limited, the students have to choose among the three options they like to eat from the <em>food establishments on campus.</em>

  • <em>pepperoni pizza,</em>
  • <em>bean and rice burritos, and</em>
  • <em>hamburgers (made from beef) </em>

<em />

Reasonably, they will choose to eat the food that optimizes the use of their money, i.e. they search to optimize the utility they receive.

Since cheese is a fundamental ingredient of pizza, <em>if the price of cheese increases</em>, the price of pepperoni pizza shall increase.

Thus, students will swift from eating pepperoni pizza to eating more food from the other establishments on campus, including hamburguers (made from beef).

Therefore, <em>if the price of cheese increases, most likely the quantity of hamburgers sold will increase.</em>

8 0
3 years ago
At Onyx incorporated, direct materials are added at the beginning of the process and conversions costs are uniformly applied. Ot
PIT_PIT [208]

Answer:

A $660,030

Explanation:

Total cost of units completed and transferred out = Units Completed and Transferred x Cost per Equivalent Unit

Therefore,

Total cost of units completed and transferred out = 117,000

5 0
3 years ago
Reuse of large amounts of copyrighted film in a documentary would not constitute a copyright infringement.
KATRIN_1 [288]

Answer:

B. False

Explanation:

I majored in Business

3 0
3 years ago
ppreciation of the euro relative to the U.S. dollar will cause a U.S.-based MNC's reported earnings (from the consolidated incom
Tems11 [23]

Answer:

Decrease or fall, Purchasing

Explanation:

Appreciation is the term which is defined as the increase in the currency value relative to the another currency, which could be exchanged for a huge amount of foreign currency.

So, when there is appreciation in euro in relation to US dollar, it cause US grounded MNC reported earnings to decrease as the US dollar will not be exchanged because euro is appreciated.

And when the firm desire to reduce the exposure to the exchange rate movements, it might stabilize the reported earnings through purchasing the euros in the foreign exchange market.

6 0
3 years ago
Other questions:
  • Fit &amp; Slim (F&amp;S) is a health club that offers members various gym services.
    8·1 answer
  • List at least three questions you should ask yourself to make sure you are ready to rent.
    14·1 answer
  • At the end of the car lease, you pay a certain amount if you decide to buy the car.. . What is this amount called?
    14·2 answers
  • In 2000 Amelia was being paid $7,200 per week. The CPI was 0.418 in 2000. In 2020 Amelia found a job paying $35,000 per week. Th
    11·1 answer
  • You own a European put option with 1 month to expiration and with strike price 50, the stock is currently trading at 45, and the
    6·1 answer
  • Rumolt Motors has 24 million shares outstanding with a price of $ 13 per share. In​ addition, Rumolt has issued bonds with a tot
    6·1 answer
  • Which of the following can increase your credit card’s APR?
    8·2 answers
  • Health mart is a retail store selling home oxygen equipment. health mart also services home oxygen​ equipment, for which the com
    10·1 answer
  • Mayree is the owner of Spines Books, a small eclectic-style bookstore in a bustling college town. Mayree prides herself in selec
    9·1 answer
  • For a certain item, the cost-minimizing order quantity obtained with the basic EOQ model is 350 units, and the total annual inve
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!