Since each share was purchased when it was still quoted at 20 1/4, then when the stock value increases, it gains (25 1/4 - 20 1/4) = $5.00 for each stock.
Since you're to sell 30 shares of your stock, that means you'll be making a profit of (30 x 5 ) = $150.00.
Thus, the answer is C<span>.</span>
Complete Question.
Leicestershire Renovations has a history of problems with customers who do not pay their bills on time.
Leicestershire Renovations wants to improve its cash situation, reduce bad debts, and reduce credit-collection
costs. Which of the following forms of pricing would most likely help the firm achieve its goal?
a. zone pricing
b. quantity discounts
c. cash discounts
d. by product pricing
e. product bundling
Answer:
c. Cash discounts.
Step-by-step explanation:
Cash discount is a reduction in the amount of an invoice allowed by some sellers of goods or service providers so as to encourage service takers or coients to pay within a specified period of time.
For the client or customer, it is known as the purchase discount while it is a sales discount for the service providers.
Cash discount will help Leicestershire Renovations improve its cash situation, reduce bad debts and reduce credit-collection
Answer:
0.025
Step-by-step explanation:
-This is a conditional probability problem.
-Let L denote lens defect and C charging defect.
#We first calculate the probability of a camera having a lens defect;
#Calculate the probability of a camera having a charging defect:
The the probability that a camera has a lens defect given that it has a charging defect is calculated as:
Hence, the probability that a camera has a lens defect given that it has a charging defect is 0.025
Answer:
Step-by-step explanation
let's use g for golf and b for batting cages
So let's start with Sylvester
he plays 5 rounds of mini golf so 5g
and he takes 4 turns in the batting cages so 4b
and he pays 60 dollars for this
SO his equation is 5g+4b=60
Now onto Lin
3g for 3 rounds of golf
6b for 6 turns in the batting cages
He pays 45 dollars
SO his equation is 3g+6b=45
Both equations:
5g+4b=60
3g+6b=45
Now you need to cancel out one variable so you can multiply the first equation by 3 and the second one by -5
15g+12b=120
-15g-30b=-225
Now the g will cancel out when you add both equations
-18b=-105
b=105/18 which is about 5.83 dollars
Now plug in 105/18 into any of the original equations and solve for g
Lois is correct. This is because multiplication is repeated addition. It means that when your addends are just the same number but added several times, the sum is just equivalent to the product of that number times the number of times it was added. For example, 4+4+4 = 4×3 = 12.
