You can think of this problem in basic maths.
You have 4 pairs of socks sold at 4.19$ and you want to buy only three.
So in order to know the price of 3 pairs, you should first calculate the price of one pair of socks.
use cross multiplication to get the price of one pair as follows:
price of one pair = 4.19 / 4 = 1.0475$
Therefore,
price of 3 pairs = 1.0475 x 3 = 3.1325$
Answer:
The gain of $8,000 is recognized and the bonds have a basis of $35,000
Explanation:
Please see attachment
Answer: 10%
Explanation:
Amount deposited = 5000
Amount which can be Lent out = 2500
The reserve requirement may be explained as a certain percentage of a commercial bank's deposit that must be held in reserve, this is usually a directive placed on the commercial banks by the central bank of the nation.
The reserve requirement is calculated by finding the proportion of the difference between the amount deposited and the maximum amount that can be Lent out to the total deposited amount.
Mathematically,
Reserve requirement =[ (deposit amount - amount that can be Lent out) / deposit amount] × 100
Reserve requirement : ([(5000- 4500) / 5000] × 100)%
= (500 / 5000) × 100
= 0.1 × 100 = 10%
The primary benefit of assembly lines is that they allow workers and machines to specialize at performing specific tasks, which can increase productivity. Large-scale assembly lines can allow for mass production of goods that would not be possible if products were made from start to finish by a single worker.
Answer:
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Explanation:
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