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Dimas [21]
3 years ago
6

Last year you purchased a new car for $18,500. Today you sold the car for $14,750. If the car's value is measured by what someon

e is willing to pay for it, what was the percentage change in the value of the a car
Business
1 answer:
vodka [1.7K]3 years ago
5 0

Answer:

-20.27%

Explanation:

Value = ($14,750 / $18,500) - 1 = -20.27%

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Blue Spruce Company had $152,600 of net income in 2016 when the selling price per unit was $153, the variable costs per unit wer
Sonbull [250]

Answer:

12098

13127

Explanation:

Net income = revenue -  total cost

revenue = price x unit sold

total cost = variable cost + fixed cost

variable cost = variable cost per unit x unit sold

unit sold is unknown, so it would be represented with a

$152,600 = $153a - ($93a + $573,300)

$152,600 = $153a - $93a - $573,300

Collect like terms and solve for a

a = 12,098

b. Net income in 2017 = $61,700 + $152,600 = 214,300

214,300 = $153a - $93a - $573,300

Collect like terms and solve for a

a = 13127

6 0
3 years ago
If the Federal Reserve announces that its target for the federal funds rate is rising from 4 percent to 4.25 percent, how do you
olganol [36]

Answer:

B) As long as the Fed's announcement is credible, workers and firms will reduce their consumption and investment spending, which will reduce aggregate demand and reduce inflation.

Explanation:

If the FED announces that it will increase the federal funds rate, it will increase the interest that banks charge other banks for lending them money in order to  comply with the reserve ratio. This increase would make banks hand out less loans and be more careful in order to reduce their need for overnight funds.

If banks reduce their loans, their capacity for creating money will also be reduced, lowering the consumption level and investment spending of both workers (households) and private firms.

6 0
3 years ago
The "invisible hand" refers to a. the government. b. the free market. c. central planners. d. large businesses.
Gnom [1K]

Answer:

Free market

Explanation :

In a free market economy, the law of organic market, as opposed to a focal government, manages generation and work.  

the free market is a monetary framework dependent on organic market with next to zero government control.  

In view of its political and lawful principles, a nation's free market economy may extend between extremely huge or altogether bootleg market.

3 0
3 years ago
A company sold equipment that originally cost $100,000 for $60,000 cash. The accumulated depreciation on the equipment was $40,0
Maurinko [17]

Answer:

$0 Gain or Loss

Explanation:

Given that,

Original cost of the equipment = $100,000

Accumulated depreciation on the equipment = $40,000

Book value of the equipment:

= Original cost of the equipment - Accumulated depreciation on the equipment

= $100,000 - $40,000

= $60,000

Gain/Loss = Sale value - Book value of the equipment

                 = $60,000 - $60,000

                 = $0

Therefore, the company should recognize a $0 Gain or Loss.

7 0
3 years ago
Q 1. how does csr (corporate social responsibility impact the role of hr manager ?
tatuchka [14]
By being friendly and decent
6 0
3 years ago
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