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3 years ago

The price of a television was reduced from $250 to $200. by what percentage was the price of the television reduced?

1 answer:

3 0

First subtract to find the reduction. That's $250 - $200 = $50.

<span>Then determine what percentage of $250 is $50. </span>

<span>That is 20%. (250 x 0.2 = 50)</span>

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Caleb purchased his first home for $420,000. He made a 10% down payment and financed the remaining purchase price. The terms of

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Answer:

In 269th Payment the principal component is greater than half of the payment

Explanation:

Amortization schedule is attached please find it.

The loan payment includes the interest and principal portion. After deducting the interest on the due balance the residual amount is paid towards the principal.

Loan is paid per month, the amount of each payment can be calculated as follow:

Loan Payment per month = r ( PV ) / 1 - ( 1 + r )^-n

r = rate per period = 9% per year = 0.75% per month

n = number months = 30 years x 12 months per year = 360 Months

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P = 0.75% ( $420,000 x 90% ) / 1 - ( 1 + 0.75% )^-360

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3 years ago

What is JROTC?

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A military officer training program

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3 years ago

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Imagine that to preserve the traditional way of life in small fishing villages, a government decides to impose a price floor tha

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Answer:

As a result of the price floor, price would increase. As a result, quantity demanded will decrease and the quantity supplied would increase.

Supply would exceed demand and as a result there would be an excess supply of fish.

As an alternative to the price floor, the government can subsidise the cost of fishing. This would reduce the cost of producing fish

Explanation:

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3 years ago

Argue why a product launch that exceeded expectations may actually be a negative result.

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About 30 to 45% of new products fail to deliver any meaningful financial return. This typically happens due to a number of reasons, from poor product / market fit, failure to understand customer needs (or fixing a non-existing problem), to a lack of internal capabilities.

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3 years ago

At December 31, 2020, Oriole Company has outstanding noncancelable purchase commitments for 37,600 gallons, at $3.24 per gallon,

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Answer:

Unrealized holding Gain or Loss - Income (Dr.) $20,304

Estimated Liability on purchase commitments (Cr.) $20,304

Explanation:

Oriole Company has agreed to purchase Gallons of raw material for a defined price of $3.24 per gallon. The price is reduced on December 31, 2020. The Difference between the prices of gallons is recorded as unrealized gain on debit and liability is credited.

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Unrealized holding Gain or Loss - Income (Dr.) $20,304

Estimated Liability on purchase commitments (Cr.) $20,304

The raw material is purchased at the price of $2.70 per gallon and the 36,000 gallons are purchased. The journal entry to record this transaction is,

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Estimated liability on purchase commitments (Dr.) $20,304

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3 years ago