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4 years ago

Which strategy makes use of your prior knowledge to help you read and understand quickly?

Business

2 answers:

Shtirlitz [24]4 years ago

7 0

I think it's guessing from context? Hope I helped!

Dennis_Churaev [7]4 years ago

5 0

It's probably from the context

You might be interested in

What is the mortgage recording tax paid on a property that sold for $485,000, assuming there is a tax rate of $2.05/$100 of the

Pavel [41]

Answer:

$7,954

Explanation:

Calculation for the mortgage recording tax paid on a property

First step is to find the tax rate

Tax rate =2.05/100

Tax rate = 0.0205

Second step will be to multiply the percentage of the tax rate with the price of the property that was sold for the amount of $485,000,

0.0205 × $485,000

= $9,942.5

The third step will be to calculate the LTV which is fully known as loan to value which was given as 80 % in order for us to known mortgage recording tax paid on the property

Hence,

Mortgage recording tax paid on the property $9,942.5 × 0.8 =

Mortgage recording tax paid on the property $7,954

Therefore the Mortgage recording tax paid on the property that was sold for the amount of $485,000 will be $7,954

5 0

3 years ago

Mercury Company reports depreciation expense of $46,000 for Year 2. Also, equipment costing $159,000 was sold for its book value

nexus9112 [7]

Answer: a. $35,000.

Explanation:

Given Data:

Starting Balance = $530,000

Closing Balance = $452,000

Depreciation expenses = $46,000

computing of cash received we need to balance the depreciation.

Accumulated depreciation = Starting balance of accumulated depreciation + depreciation expense - Closing balance of accumulated depreciation

= $530,000 + $46,000 - $452,000

= $124,000

subtracting this amount from the sale value of the equipment.

= $159,000 - $124,000

= $35,000

Cash received from sale of equipment is $35,000

5 0

3 years ago

Read 2 more answers

The Federal Reserve mandates banks to deposit a certain percentage of their ______ as required reserves at their regional Federa

nikitadnepr [17]

Answer:

deposits

Explanation:

4 0

3 years ago

The manager of a computer software company wishes to study the number of hours senior executives by type of industry spend at th

miskamm [114]

Answer:

Since the calculated value of F= 5.733 falls in the critical region we reject the null hypothesis and conclude all three means are not equal.

Explanation:

The given data is

Banking Retail Insurance

12 8 10

10 8 8

10 6 6

12 8 8

10 10 10

The results of excel are:

Anova: Single Factor

SUMMARY

Groups Count Sum Average Variance

Column 1 5 54 10.8 1.2

Column 2 5 40 8 2

Column 3 5 42 8.4 2.8

1) Let the null and alternate hypotheses be

H0: u1=u2=u3 i.e all the three means are equal and

Ha: Not all three means are equal

2) The significance level is set at ∝ =0.05

3)The test statistic to use is

F= sb²/ sw²

which has F distribution with v1= k-1 →3-1=2 and v2= n-k →15-3=12 degrees of freedom

After calculations the following table is obtained.

ANOVA

Source SS df MS F P-value F crit

of Variation

B/w Groups 22.93 2 11.467 5.733 0.01788 3.885

Within Groups 24 12 2

Total 46.93 14

4) The critical region is F ≥ F(0.05, 2,12) = 3.885

5) Since the calculated value of F= 5.733 falls in the critical region we reject the null hypothesis and conclude all three means are not equal.

4 0

3 years ago

If you and a friend order 2 veggiburgers, one salad, one fries and 2 coffees, what is the total bill with 4% tax and 15% tip?

ycow [4]

Answer:

$14.71

Explanation:

Each veggiburger costs $3.25, the salad costs $2.50, the fries cost $1.50 and each coffee costs $0.90.

Your total bill without taxes or tips = $6.50 + $2.50 + $1.50 + $1.80 = $12.30

If we add the 4% our total increases to = $12.30 x 1.04 = $12.79

Generally I tip on the taxes, so the total bill including taxes and tip = $12.79 x 1.15 = $14.71

6 0

3 years ago