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goldfiish [28.3K]
3 years ago
14

Find the sales tax and total cost of an espresso machine that costs $77.95. The tax rate is 8%. Round your answer to the nearest

cent.
Business
1 answer:
guapka [62]3 years ago
7 0

Answer:

About 84.2

Explanation:

8% of 78.00 = 6.24

78.00 + 6.24 = 84.24 (Around 84.2

apologies if wrong

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Paul wants to choose one of the two investment opportunities over three possible scenarios. Investment 1 will yield a return of
Viefleur [7K]

Answer:

1. $2,400

2. Investment 2

Explanation:

For computing the expected return for the investment 2, we have to apply the formula which is shown below:

=  Probability for Scenario 1 × return in Scenario 1 + Probability for Scenario 2 × return in Scenario 2 + Probability for Scenario 3 × return in Scenario 3

= 0.2 × $6,000 + 0.3 × $4,000 + 0.5 × 0

= $1,200 + $1,200

= $2,400

From the calculations we use the investment 2 as Paul is uncertain about the return for investment 1

5 0
3 years ago
Sanchez Company engaged in the following transactions during Year 1: Started the business by issuing $11,700 of common stock for
romanna [79]

Answer:69

Explanation:

69 69 69 69 69 on ga ng blo od

3 0
3 years ago
Which of the following is NOT true? (Present values are calculated from the end of the life of the option to the beginning.) A.
galina1969 [7]

Answer:

A.An American put option is always worth less than the present value of the strike price

Explanation:

Put option refers to a stock market instrument which gives the holder an option to sell an asset at an agreed price on or before a particular date.

Each contract covers around 100 shares for stock options.

An American call option provides the holder with the right to purchase an asset, while a put option provides the holder an option to sell it.

A European option can be implemented only at the expiration date of the option and an American option can be implemented  at any time before the expiration date.

An American put option is always worth less than the present value of the strike price.

So, option A. is correct

6 0
3 years ago
Roger parked his car at a garage that has a large sign at the entrance saying, "This garage is not liable for items stolen from
denpristay [2]

Answer: True

Explanation:

An exculpatory clause is a form of contract provision which relieves one party of liability when damages are caused while executing the contract. The party which ssues the exculpatory clause is the one that is seeking to be relieved of any potential liability incurred.

There has already been a notice that "the garage is not responsible for any item stolen from the car". Roger parking his car at the garage is at his own risk as the garage owners won't be responsible.

6 0
3 years ago
On January 1, Coronado Corporation had 960000 shares of $10 par value common stock outstanding. On March 31, the company declare
andreyandreev [35.5K]

Answer:

d. All of these answer choices are correct.

Explanation:

Based on the information given as a result of this event their Paid-in Capital in Excess of Par account will increased with amount of $2,000,000 while their total stockholders‘ equity will be unaffected and lastly the Stock Dividends account will increased

by the amount of $6,000,000 which is calculated as :

Stock Dividends account=2,000,000 *.20*(25%*20+$10)

Stock Dividends account=2,000,000 *.20*$15

Stock Dividends account=$6,000,000

4 0
3 years ago
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