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victus00 [196]
3 years ago
13

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

Business
1 answer:
Vinvika [58]3 years ago
4 0
<span>By midpoint formula, the percentage change in the price of a tie = {( $55 - $45) / [($45 + $55)/2]} * 100 = (10/50) * 100 = 20 percent</span>
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If Roten Rooters, Inc., has an equity multiplier of 1.52, total asset turnover of 1.20, and a profit margin of 6.2 percent, what
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