3 years ago

Suppose the price of a tie rises from $45 to $55. using the midpoint method, what is the percentage change in price?

1 answer:

4 0

By midpoint formula, the percentage change in the price of a tie = {( $55 - $45) / [($45 + $55)/2]} * 100 = (10/50) * 100 = 20 percent

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Omega Corp. has entered into a transaction with Lively Inc. Omega Corp will give its equipment to Lively Inc. in exchange for Li

Nadusha1986 [10]

Answer:

Explanation:

Equipment-from Lively $260,000

Accumulated Depreciation Dr.$80,000

Equipment-old Cr. $250,000

Cash Cr.$30,000

Gain on Exchange Cr.$60,000

Equipment-from Lively (212,000-35,000) Dr.$177,000

Accumulated Depreciation Dr.$80,000

Loss on exchange (balancing figure) Dr.$23,000

Equipment old Cr.$250,000

Cash Cr.$30,000

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3 years ago

Which two skills or abilities are important for a school counselor

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Answer:

wisdom, and good speech

Explanation:

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2 years ago

Hank purchased a new grill for $349 on his credit card. He had a previous balance of $225.91. A finance charge of $8.62 was asse

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3 years ago

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In which of the following market structures would X-inefficiency be most likely to exist?Perfect competition.Monopoly.Oligopoly.

Mademuasel [1]

Answer:

Monopoly

Explanation:

Monopoly is a market structure where only one firm controls the market share and earn abnormal profits. In a monopoly market, a producer or a supplier earn abnormal profits, which is why they don't try to control the cost of production because they can sell the good at any price. This situation where the cost of production increases, it creates X-inefficiency.

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3 years ago

You have decided to buy a used car. The dealer has offered you two options: (FV of $1, PV of $1, FVA of $1, and PVA of $1) (Use

Jobisdone [24]

Answer:

$17,167

Explanation:

The first step is to calculate amount of cash that would be charged

For 30 months, pay $520 per month for 30 months and an additional $10,000 at the end of 30 months.

Present value is = 2,221

Then

The present value of the payment options is =

($520 * PVA (24% 12,30) + $10,000 PV ( 24% 12,30))

$520 * 22.396 + $10,000 * 0.5521

$11646 + $ 5521

$17,167

Therefore the amount of cash the car dealer would charge is $17,167

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2 years ago