1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
zhuklara [117]
3 years ago
15

Cochrane Associate's net sales last year were $525 million. If sales grow at 7.5% per year, how large (in millions) will they be

8 years later?a. $845.03b. $889.51c. $936.33d. $983.14e. $1,032.30
Business
1 answer:
Serhud [2]3 years ago
3 0

Answer:

The correct answer is C.

Explanation:

Giving the following information:

Cochrane Associate's net sales last year were $525 million. If sales grow at 7.5% per year, how large (in millions) will they be 8 years later?

We need to use the following formula:

FV= PV*(1+i)^n

FV= 525*(1+0.075)^8

FV= $936.33

You might be interested in
The relationship between pepe's pizzeria and its customers functions at which level of the relationship marketing continuum?
maks197457 [2]

The relationship between Pepe’s pizzeria and its consumer functions at the level of the relationship marketing continuum in the social interaction. This level focuses more on the relationship and interaction of the people or the society of which the pepe’s pizzeria and the consumers are in the level of social interaction as they establish a relationship between the two parties.

8 0
3 years ago
Read 2 more answers
In the integrated process, the steps related to the production process are suspended when there are insufficient quantities of t
Delicious77 [7]

This is a false statement

8 0
3 years ago
Suppose the Alaskan king crab harvest is unregulated and any person with a crab boat and some diesel fuel can go offshore, lower
rosijanka [135]

Answer: A. Alaska auctions a limited number of licenses to harvest king crab.

Explanation:

The options include:

A. Alaska auctions a limited number of licenses to harvest king crab.

B. The U.S. and Canadian governments remove trade barriers, which allows for more trade of products like king crab.

C. Alaska removes taxes on diesel fuel, which lowers the price of diesel.

D. Alaska subsidizes the purchase of crab boats.

The socially optimal level of output will be achieved when there's allocative efficiency. It is the level whereby market failure is curtailed.

The policy choice that might produce the socially optimal king crab harvest is for Alaska to auction a limited number of licenses to harvest king crab.

This will help in the reduction at which the resource is overused as there'll be regulation and reduction in the number of person that can harvest king crab.

4 0
2 years ago
The space between a cover letter closing and the author’s typewritten name is called the _____.
slava [35]

The space between a cover letter closing and the author's typewritten name is called the signature line. This would be the space where you would either physically sign your name with a pen above the type written name once you have printed the letter out or if you are sending it electronically where you would insert a copy of your signature. You must always have a signature on cover letters.

3 0
3 years ago
Samantha, who is single and has MAGI of $36,000, recently was employed by an accounting firm. During the year, she spends $1,650
jek_recluse [69]

Answer:

a) $0

b) $4,000

Explanation:

a)

No deduction will be allowed to samantha for the amount spent on CPA exam review course.

So, Samantha can deduct $0.

b)

Under section 222 of IRS Code, maximum amount of deduction allowed to tax payer (whose adjusted gross income is less than $65,000) on account of tuition fees and other education expenses is $4,000.

So, Samantha can deduct $4,000.

Hope this helps!

7 0
3 years ago
Other questions:
  • Which component of communication is most accurately represented if andy is trying to decide how to explain a change in plans to
    10·1 answer
  • Leroy works 40 hours per week as a tire-store manager. If he made $25,480 last year, how much was he paid per hour?
    9·2 answers
  • Fazel Company makes and sells paper products. In the coming year, Fazel expects total sales of $19,730,000. There is a 3% commis
    13·1 answer
  • What is a common workflow error that can cause duplicate expenses in QuickBooks Online?
    14·1 answer
  • ________ is an adjustment that is an example of a deferral. A : Cash paid or received before expenses are recognized B : Cash re
    13·1 answer
  • I learned that before application of shampoo it is important to​
    10·1 answer
  • You have some news to share with your manager. You’ve decided to take a new job, and you’re giving your two weeks’ notice. It’s
    12·1 answer
  • Please help ASAP<br><br>Is an interior design company a industry business or service businesses?​
    12·1 answer
  • Sally received $78,300 of compensation from her employer and she received $540 of interest from a corporate bond. What is the am
    9·1 answer
  • A $15 cash payment is made to Starbucks to purchase coffee for a business client, a $64 cash payment is made for supplies purcha
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!