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vova2212 [387]
2 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]2 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

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5 0
3 years ago
Bonita Industries began the year by issuing $75500 of common stock for cash. The company recorded revenues of $772000, expenses
Alex

Answer:

net income = $106,000

Explanation:

net income = total revenues - total expenses = $772,000 - $666,000 = $106,000

Any additional capital raised will increase the company's cash flows (financing activity) and any dividends distributed will decrease them (another financing activity), but they do not affect the company's net income.

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2 years ago
Joey cuts lawns during the summer. Let q equal the number of acres mowed per day, and let L equal the number of hours worked per
Anna71 [15]

Answer:

The answer is B.

Explanation:

Marginal Productivity can be described as when every variable in the equation is held constant, it is the amount of productivity gained for every extra hour of labor that is put in.

And according to the information about Joey and his productivity cutting the lawns, we are provided the equation q = 0.2*L which means that for every extra hour Joey works cutting the lawns, Joey's marginal productivity is going to decrease by 0.2 or 20% so the answer is B.

I hope this answer helps.

7 0
3 years ago
Read 2 more answers
Suppose this monopolist can price discriminate across its customers and sets 2 prices in the market. Let P M represent the stand
Orlov [11]

Answer:

hello your question is incomplete attached below is the missing part

answer: Pd = 1658 , Qd = 42

Explanation:

The monopolist will choose a discount price of ( Pd ) = 1658 and sell 42 units of the good in the discount market

since the standard price is at $1800 and the Qm ( standard monopoly quantity) is at 200 for the Monopoly to be profitable the amount of good to be sold to customers with reservation prices greater than or equal to standard price should be greater than the good offered at discount price and also the discount price after using a coupon should be lower than the standard price (Pm)

5 0
2 years ago
A stock had returns of 17.88 percent, −5.16 percent, and 20.39 percent for the past three years. What is the variance of the ret
Arturiano [62]

Answer:

Variance of the return = 0.01983

Explanation:

S^{2}= Σ(X-X)^{2}/ N - 1

Mean return = 17.88% + -5.16% + 20.39% = 11.0367%  

Variance = [(17.88% - 11.0367%)2 + (-5.16% - 11.0367%)2 + (20.39% - 11.0367%)2] /(3 - 1)

Variance = [0.004683 + 0.026233 + 0.008748]/2

Variance = 0.01983

6 0
3 years ago
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