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4 years ago

What is the change due if $5.01 is tendered for a charge of $4.21?

Business

2 answers:

bezimeni [28]4 years ago

8 0

Answer:

Option B

Explanation:

Change due is a technical term used in the business which means the extra amount of payment made by a consumer for a product or service compared with their stipulated prices. The consumer should be given back the money that is equal to the change due.

Hence, the change due of $5.01 tendered for a charge of $4.21 is

$5.01 - $4.21 = $ 0.80

faltersainse [42]4 years ago

5 0

The answer is B. Just subtract.

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Slav-nsk [51]

Answer:

The factor market

Explanation:

The factor market refers to buying and selling of factors of production. Factors of production are land, labor, capital, entrepreneurship. Prices of factors of production are determined by interaction of supply and demand forces. By Dave offering his labor, he receives wages as a reward for the factor of production he provides i.e. labor.

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3 years ago

How can I become a millionair

Crank

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3 years ago

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Depreciation Methods A delivery truck costing $22,000 is expected to have a $2,000 salvage value at the end of its useful life o

Artist 52 [7]

Answer:

a. $5,000

b. $5,500

c. $6,000

Explanation:

The computation of the depreciation expense for the second year is shown below:

a) Straight-line method:

= (Original cost - residual value) ÷ (useful life)

= ($22,000 - $2,000) ÷ (4 years)

= ($20,000) ÷ (4 years)

= $5,000

In this method, the depreciation is same for all the remaining useful life

(b) Double-declining balance method:

First we have to find the depreciation rate which is shown below:

= One ÷ useful life

= 1 ÷ 4

= 25%

Now the rate is double So, 50%

In year 1, the original cost is $22,000, so the depreciation is $11,000 after applying the 50% depreciation rate

And, in year 2, the $11,000 × 50% = $5,500

(c) Units-of-production method:

= (Original cost - residual value) ÷ (estimated production)

= ($22,000 - $2,000) ÷ ($100,000 miles)

= ($20,000) ÷ ($100,000 miles)

= $0.2 per miles

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4 years ago

econ George and John, stranded on an island, use clamshells for money. Last year George caught 300 fish and 5 wild boars. John g

kupik [55]

Answer:

The GDP of the island is 1,350 clam shells.

Explanation:

George and John produce fish, boars, and bananas in their two-person economy. Fish sell for 1 clamshell each, boars sell for 10 clamshells each, and bananas go for 5 clamshells per bunch.

In this economy, the GDP will be the value of final goods and services produced. Intermediate goods will not be included.

Digging bait for fishing and the purchase of banana trees will not be included in the GDP.

The GDP of the island in terms of clamshells will be

= $(300\times 1) + (5\times10)+(200\times5)$

= 300 + 50 + 1,000

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3 years ago

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3 years ago

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