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just olya [345]
2 years ago
9

Jim holds a commercial lease. Last year his rent went up 4% based on a 4% increase in the wholesale price index. What type of le

ase does Jim have?
A) Revolving lease.
B) Wholesale lease.
C) Index lease.
D) Leading Indicator lease.
Business
1 answer:
Brilliant_brown [7]2 years ago
8 0
C. Index Lease
(This question will understand)
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The inventory data for an item for November are:
Katen [24]

Answer:

USING LIFO METHOD

Nov 1 Opening inventory 20 [email protected]$19 =   380

Nov 4 Sales                       10 [email protected]$19   = (190)    

Nov 10 Purchases              30 [email protected]$20 = 600  

Nov 17 Sales                       20 [email protected]$20 = (400)

Nov 30 Purchases              10 [email protected]$21  = <u>210</u>

Cost of merchandise sold                            <u> 600  </u>

The correct answer is B  

Explanation:

In LIFO method of inventory valuation, most recent stocks are issued first. For instance, sales of 10 units in November 4 will be issued from the November 1 opening inventory and valued at the price of opening inventory.November 17 sales will be issued from November 10 purchases and valued at the price of November 10 purchases.

8 0
3 years ago
You have 40 years left until retirement and want to retire with $5 million. Your salary is paid annually, and you will receive $
Marat540 [252]

Answer:

16.67%

Explanation:

Calculation to determine what percentage of your salary must you save each year

First step is to calculate the Annual savings

Annual savings=$5 million*[(10%-3%)/(1+0.1)^40-(1+0.03)^40]

Annual savings=$5 million*0.07/(1.1^40-1.03^40)

Annual savings=$8333.88

Now let determine the percentage of the salary you must save each year

Proportion of savings=$8333.88/$50,000

Proportion of savings=0.1667*100

Proportion of savings=16.67%

Therefore the percentage of your salary that you must save each year is 16.67%

5 0
3 years ago
The ___ style of advertising shows ordinary people clearly using a product in a normal setting
Paha777 [63]
The answer is: SLICE OF LIFE
8 0
3 years ago
On January 1, 2021, Wooten Technology Associates sold computer equipment to the Denison Company. Delivery was made on January 1,
lubasha [3.4K]

Answer:

$1,157 rounded to the nearest whole dollar

Explanation:

4 0
2 years ago
When a 1 percent decrease in price produces more than a 1 percent increase in quantity sold, the product or service is
Sedaia [141]

When a 1 percent decrease in price produces more than a 1 percent increase in quantity sold, the product or service is an Elastic Demand.

<h3>What is an Elastic Demand?</h3>
  • Elastic demand is measured by its percent of change in demand divided by its percent of change in price, provided all other factors remain the same.
  • If the change in price and change in demand is proportionate, the item is neither elastic nor inelastic.
  • An item has elastic demand if its demand changes more than its price changes.
  • For example, if two stores sell identical products of the same amount for different prices, incase of a perfectly elastic demand nobody would buy from the seller with higher priced product.

Learn more about Elastic Demand here:

brainly.com/question/14897348

#SPJ4

7 0
2 years ago
Read 2 more answers
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