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dalvyx [7]
3 years ago
14

An online buying club offers a membership for $115, for which you will receive a discount of 10 percent on all brand-name items

you purchase. How much would you have to buy to cover the cost of the membership
Business
1 answer:
Vikki [24]3 years ago
6 0

Answer:

$1,150 worth of items

Explanation:

Given that,

Club offers membership = $115

Discount of all brand name purchase = 10%

Therefore, to cover the cost of membership,

You would have to purchase = 115 ÷ 0.10

= 1,150.

So, you have to buy items worth $1,150 to cover the cost of the membership.

Note that,

Discounts are a reduction in the original cost of a commodity, usually done in order to attract customers.

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Which one of the following is a primary market transaction? Group of answer choices Sale of currently outstanding stock by a dea
trapecia [35]

Answer:

sale of a new share of stock to an individual investor

Explanation:

Securities are created in the primary market. With an IPO which stands for initial public offering, new stocks are sold to the public by companies on a first time basis.

The sale of a new share of stock in the question is an example of a primary market transaction.

6 0
3 years ago
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What are the pricing methods
maria [59]
The four types of pricing methods.

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Jim drops his car off at ABC Garage to have his exhaust system repaired and takes the train to work. When he returns, he finds t
TEA [102]

Answer: Direct Excess Coverage

Explanation:

The coverage type under ABC's garagekeepers policy that would split the cost of the loss with Jim's own insurer without placing blame on ABC Garage is the direct excess coverage.

This coverage is identical to the direct primary coverage and it basically protects the vehicle of a client without taking into consideration the person that is responsible. The direct excess coverage will be paid in excess of the primary policy.

6 0
2 years ago
Best Deals, Inc. has 10 units in ending merchandise inventory on December 31. The units were purchased in November for $160 each
MrMuchimi

Answer:

$1,600

Explanation:

Best deals incorporation has a total of 10 units in the ending merchandise inventory on December 31

The units were bought in the month of November at a price of $160 for each unit

The replacement cost of the item is $162

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Hence the amount reported as the merchandise inventory on the balance sheet is $1,600

4 0
3 years ago
A bank loaned out 19,000 part of it at 6% interest per year and the rest at 14% per year. if the interest recieved in one year t
Ksju [112]
Let x be the part of 19,000 that was loaned out at 6% such that the remaining 19,000 - x was loaned out at 14%. The interest is calculated by the equation,

    I = P x i x n

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The value of x from the equation above is 8250.

Hence, 8,250 was loaned out at 6%. 
6 0
3 years ago
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