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Vadim26 [7]
3 years ago
5

Sales of battery-powered cars are increasing. People concerned with the environment are the primary buyers of battery-powered ca

rs. Surveys show that people buy battery-powered cars are very concerned about pollution and its long-term impact on the environment. Other research also shows that people with battery-powered cars, compared to others, are more likely to use energy-saving appliances at home.
Which of the following statements best expresses the main conclusion of the above argument?
1. People concerned with the environment are likely to use energy-saving appliances.
2. Primary buyers of battery-powered cars are those concerned with the environment.
3. More people are concerned about the environment today than in the past.
Business
1 answer:
SVETLANKA909090 [29]3 years ago
3 0

Answer:

There are two statements that can better express the main conclusion of the above argument:

1. People concerned with the environment are likely to use energy-saving appliances.

2. Primary buyers of battery-powered cars are those concerned with the environment.

Explanation:

It is correct to say that both statements express the main conclusion of the above argument.

In the first premise it is said that "People concerned about the environment are the main buyers of battery-powered cars."

In the second premise, it is said that: "people with battery-powered cars, compared to others, are more likely to use energy-saving appliances at home."

Therefore, it is possible to conclude that the main buyers of battery-powered cars are those who care about the environment and also those who save energy at home.

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Personal possession of currency is prohibited in U.S. prisons, although, in practice, prisoners still exchange goods and service
Semmy [17]

Answer:

The correct answer is: cigarettes; fiat.

Explanation:

Money performs a number of functions such as medium of exchange, store of value etc. Before the introduction of money, goods and services were used as a medium of exchange. This system was called barter system.

The difference between cigarettes and dollars is that cigarettes have an intrinsic value. Dollars do not have any intrinsic value, but it has high face value.

Fiat money is the physical money in notes and coins which are not backed by any other commodity. These are made legal tender by the government and have no intrinsic value of their own.

3 0
4 years ago
3) What is the present value of $1000, received at the end of 4 years of investment, with a discount rate of 4%?
MA_775_DIABLO [31]

Answer:

$854.81

Explanation:

The formula for calculating the present value is as below

PV = FV/( 1 + r)^n

Where Fv =1000

r = 4% or 0.04

n= 6

PV = $1000/ (1 + 4/100)^4

PV=$1000/(1 + 0.04)^4

PV=$1000/1.16985

PV =$854.81

.

8 0
3 years ago
Read 2 more answers
Rolfes Company purchased merchandise on account from a supplier for $7,500, terms 1/10, n/30. Rolfes Company returned $1,200 of
Blababa [14]

Answer:

$6,237

Explanation:

The computation of the cash required for the payment is shown below:

= Merchandise amount - return and allowances - discount

= $7,500 - $1,200 - $63

= $6,237

The discount = (Merchandise amount - return and allowances) × discount rate

= ($7,500 - $1,200) × 1%

= $63

Simply we consider the items i.e merchandise purchase amount, returned merchandise amount and the discount given amount

6 0
3 years ago
The following information is available to reconcile Branch Company's book balance of cash with its bank statement cash balance a
Sauron [17]

Answer:

a. No journal entry required.

Explanation:

a. No journal entry required.

b. No journal entry required.

c. DR - Rent Expense -  $20

  CR - Cash - $20

d. Cash (DR) 7,955

  DR - Collection expense - $45

  CR - Notes Receivable - $8,000

e. DR - Accounts Receivable-E. Shaw - $ 805

   CR - Cash - $805

f. DR - Misc Expenses - $25

  CR - Cash - $25  

g. No journal entry required.

i. No journal entry required.

5 0
3 years ago
Read 2 more answers
Dave's Duds reported cost of goods sold of $2,000,000 this year. The inventory account increased by $200,000 during the year to
Nookie1986 [14]

Answer:

a. $2,200,000

Explanation:

We solve considering the inventory identity:

$$Beginning Inventory + Purchase = Ending Inventory + COGS

$$ Purchase = (Ending Inventory - Beginning Inventory) + COGS

the difference during the year means the difference between ending and beginning inventory was of 200,000

So we plug that into the formula and solve

$$ Purchase = +200,000 + 2,000,000

Purchase 2,200,000

4 0
3 years ago
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