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andre [41]
2 years ago
5

The NASDAQ stock market bubble peaked at 5,445 in 2000. Two and a half years later it had fallen to 1,285. What was the percenta

ge decline?
Business
1 answer:
guapka [62]2 years ago
4 0

Answer:

76.40%

Explanation:

Calculation for What was the percentage decline

Using this formula

Percentage decline=+Fallen stock market bubble-Peaked stock market bubble)÷Peaked stock market bubble

Let plug in the formula

Percentage decline=(1,285 - 5,445) ÷5,445

Percentage decline=-4,160÷5,445

Percentage decline=-0.7640*100

Percentage decline=-76.40%

Therefore the percentage decline will be -76.40%

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Jared's boss encourages employees to participate in the decision-making process but does not give them complete freedom to do as
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On May 10, 2020, Crane Co. enters into a contract to deliver a product to Greig Inc. on June 15, 2020. Greig agrees to pay the f
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1. Accounts receivable a/c Dr $1,840

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(Being the sales is recorded)

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                  To Inventory a/c Cr $1,170

(Being the cost of goods sold is recorded)

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"Consider the following data: Cost of goods sold $70 Direct labor $20 Direct materials used $15 Cost of goods manufactured $80 W
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Answer:

Schedule of cost of goods manufactured & Sold

Particulars                                   Amount

Direct materials used              $15

Direct labor                                 $20

Factory overhead Applied         <u>$30</u>

(150% of DL Cost)

Total manufacturing costs          $65

Add: Beginning WIP                    <u>$25</u>

Total cost of work in process     $90

Less: Ending WIP                         <u>$10</u>

Cost of goods manufactured    <u>$80</u>

Particulars                                                  Amount

Cost of goods manufactured                       $80

Add: Beginning finished goods inventory   <u>$5</u>

Cost of goods available for sale                 $85

Less: Ending finished goods inventory        <u>$15</u>

Cost of goods sold                                        <u>$70</u>

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