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
Lina20 [59]
3 years ago
9

Suppose that a house is worth $350,000 today. If house prices are expected to decline by 15% for each of the next two years. How

much will the house be worth at the end of 2 years?
Business
1 answer:
zhenek [66]3 years ago
5 0

Answer: $‭252,875‬

Explanation:

This concerns a value in future (2 years) so the future value formula can be used;

= 350,000 * ( 1 - 15%) ²

= $‭252,875‬

House will be worth $‭252,875‬ at the end of 2 years if it declines in value at 15% per year.

You might be interested in
A foodhandler has finished trimming raw chicken on a cutting board and needs it to prep vegetables. what must be done to the cut
Alik [6]
It must sanitized. However it is a better practice to use a different cutting board.
6 0
3 years ago
Some sellers put specific limitations in the warranty to limit the effectiveness of a warranty. Such a denial or repudiation in
Anit [1.1K]

Answer:

Disclaimer

Explanation:

Express warranties could be simply be described as the agreement which binds a seller and buyer during the purchase of a certain product. Express warranties usually gives buyers the opportunity to return the product to the seller if damaged within a specified period of tine. Express warranty usually has no borders. Tbe use of disclaimer is used by sellers in other to introduce clauses into an express warranty whereby certain terms and conditions are given before the warranty can be deemed as valid. These limitations inteoduced and are capable of voiding the express warranty is called a disclaimer.

3 0
3 years ago
You purchased five August 13 futures contracts on soybeans at a price quote of 1056′6. Each contract is for 5,000 bushels with t
stira [4]

Answer:

B) $1,187.50

Explanation:

The computation of the total profit or loss on this investment is given below:

Expiration price = 1061'4  = 1061 + 4 ÷ 8 = 1061.50

Quoted price = 1056'6 = 1056 + 6 ÷ 8 = 1056.75

Now the profit is

= (1061.50 - 1056.75) × 5000 × 5

= $1,187.50

Hence, the profit on this investment is $1,187.50

3 0
3 years ago
When conducting a swot analysis, budgets, ratios, and sales reports can be used to identify:?
Amanda [17]
The answer to this question is <span>Company strengths and weaknesses.
In this context, company strength refers to all the factors that make the company stand out among other competitors in the market (such as good products, fame, good researchers, etc)
The weakness, on the other hand, refers to something that needed to be taken care of if the company want to win the competition in the market. (such as huge debt ratio, scandals, etc)

</span>
5 0
3 years ago
Cabell Products is a division of a major corporation. Last year the division had total sales of $25,320,000, net operating incom
Pie

Answer:

ROI = Net operating income        x 100

         Average operating assets

ROI = $1,924,320   x 100

         $6,000,000

ROI = 32.1%

The correct answer is C

Explanation:

ROI is the ratio of net operating income to average operating assets multiplied by 100.

7 0
3 years ago
Other questions:
  • On January 5, Merkel Inc. purchases office equipment for its new branch office from Norbert Company. Merkel requests that the eq
    6·1 answer
  • What type of risk is eliminated through diversification?
    11·2 answers
  • State and explain the law of diminishing marginal return
    9·1 answer
  • When school districts are funded by local taxes only, the likelihood of disparities in funding goes up.
    12·1 answer
  • Which of the following is NOT one the responsibilities of the the Federal Reserve
    11·2 answers
  • Zappos' product selection includes performance athletic shoes, outdoor coats, contemporary shirts, couture accessories, and more
    8·1 answer
  • When consumers need to purchase a refrigerator, they usually evaluate different models across a set of features or characteristi
    11·1 answer
  • Why would an analyst include among other things, airplane parts, legal services and software, in an analysis of international ec
    6·1 answer
  • Manuel operates equipment that moves natural gas through pipelines. Manuel is a Gas Compressor. Pipefitter. Power Dispatcher. Su
    12·2 answers
  • In general, economists define a recession as ______ or more consecutive three-month periods of decline in a country's gdp.
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!