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2 years ago

Help with these 3 economics questions plzzzz

Business

1 answer:

Firlakuza [10]2 years ago

5 0

Answer:

Explanation:

Various educators teach rules governing the length of paragraphs. They may say that a paragraph should be 100 to 200 words long, or be no more than five or six sentences. But a good paragraph should not be measured in characters, words, or sentences. The true measure of your paragraphs should be ideas.

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term fixed price contract to build an office tower for $10,000,000. In the first year of the contract Tullis incurs $3,000,000

almond37 [142]

Answer: $750,000

Explanation:

Given that,

Fixed price contract = $10,000,000

Cost incurred in the first year = $3,000,000

Remaining costs to complete = $5,000,000

Tullis billed = $4,000,000 in year 1

Collected by the end of the year = $3,500,000

Percentage of work completed = $\frac{Expenditures\ Incurred\ from\ Inception\ to\ Date}{Total\ Estimated\ Costs\ for\ the\ Contract}$

= $\frac{3}{8} \times 100percent$

= 37.5%

Revenue recognized = 37.5% of $10,000,000

= $3,750,000

Income recognized = Revenue recognized - Cost incurred in the first year

= $3,750,000 - $3,000,000

= $750,000

8 0

3 years ago

Read the following scenario: A contributing member of a project is out sick. Identify the possible risks to the project. Busines

Elodia [21]

It's the last one, "Timeline and resources"

3 0

3 years ago

Read 2 more answers

Ben bought a desk for $249.99. the sales tax rate was 6.25%. how much did ben pay for the desk? round your answer to the nearest

Lemur [1.5K]

Ben paid the value of the item + sales tax
Sales tax = 6.25% of worth of item.
Sales tax = (6.25/100) * 249.99 = $15.62.
Hence Ben paid $249.99 + $15.62 = $265.61
To the nearest cent he paid $265.60

3 0

3 years ago

Tommy bought 35 shares of stock at $45.75 per share. He received dividends of $82.45 during the year. At the end of the year, hi

gogolik [260]

Answer:

10.57%

Explanation:

Return on investment is a profitability measure of gains realized from an investment. It is a ratio that shows how a business uses its resources to generate profits. Return on investment compares the net income against the initial investment.

ROI = Net Income / Cost of Investment

For Tommy,

The initial investment is 35 x $45.75 =$1,601.25

The gains from the investments

Dividends of $82.45

Gains in share value = 35 x ($48. 75 -$45.43)

35 x 2.48 =$86.8

Net gains will be $82.45 + $86.8= $169.25

ROI = $169.25/$1601.25

ROI =0.10569 X 100

=10.57%

5 0

3 years ago

Use your knowledge about the advantages of international trade to complete each sentence. International tradeeconomic growth . I

Hoochie [10]

International trade has been significant for the globalization of free trade relations.

Explanation:

International trade has been responsible for the global economic growth in the 20th and 21st century .

International trade is responsible for the specialization of goods for one country which is at the most advantage for making that particular product while being able to import the others they may need

International trade makes it so that the types of goods and services available around the world can reach any other part of the world.

3 0

2 years ago

Read 2 more answers