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2 years ago

You lost $65,000 out of your original $105,000 investment. What percentage of your initial investment was lost?

Business

1 answer:

cestrela7 [59]2 years ago

6 0

Answer:

The answer is 62% (B)

Explanation:

The easiest way to answer this is by simply doing $65,000 divided by $105,000. You'll get 61.9 but if you round it, you get 62% and that's how you get the answer.

Also, I just got this question and I got it correct.

Hope this helps!!

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Sales at a fast-food restaurant average $6,000 per day. The restaurant decided to introduce an advertising campaign to increase

zimovet [89]

Answer: a. 2.8

Explanation:

Given : Population mean : $\mu=\$6,000\text{ per day}$

Sample size : n= 49> 30 , the sample is a large sample we use z-test.

Sample mean = $\overline{x}=\$6,400\text{ per day}$

Standard deviation : $\sigma= \$1,000$

The test statistic for population mean is given by :-

$z=\dfrac{\overline{x}-\mu}{\dfrac{\sigma}{\sqrt{n}}}\\\\\Rightarrow\ z=\dfrac{6400-6000}{\dfrac{1000}{\sqrt{49}}}=2.8$

Hence, the value of the test statistic is 2.8

8 0

2 years ago

A company sold $12,000 worth of bicycles with an extended warranty. the company's experience is that warranty expense averages 2

ladessa [460]

Given the following parameters:

The company sold $12,000 worth of bicycles, with an extended warranty.

Average warranty expense is estimated to be 2% of sales.

The current period's entry to record the warranty expense is:

Warranty Expense $240
Estimated Warranty Liability $240
Rationale - 12,000 x 0.02 = 240

5 0

2 years ago

Wildhorse Construction Company had a contract starting April 2021, to construct a $24900000 building that is expected to be comp

jek_recluse [69]

Answer:

The construction in process amount reported at December 2021 is $13,695,000

Explanation:

In this question, we are asked to state the amount the company will report construction in the process of.

Firstly, we calculate the profit = Total contract price - Expected costs of contract = $24,900,000-$22,900,000 = $2,000,000

The profit in percentage of cost is; 2,000,000/22,900,000 = 8.73%

The costs incurred in 2021 is $12,595,000

The proportionate profit = 12,595,000 * 8.73 = $1,100,000

The construction in process at December 2021 = Cost incurred + Proportionate profit = 12,595,000 + 1,100,000 = $13,695,000

3 0

2 years ago

Big data analytics programs (which analyze massive data sets to make decisions) use gigantic computing power to quantify trends

Sidana [21]

Answer:

The correct answer is: No, it may not decrease the humanity of production in organizations.

Explanation:

To begin with, the term known as <em>''humanity of production'' </em>refers to that human element that gives to the company its capability of leadership and other human abilities. Moreover, when it comes to the big data analytics those programs would not decrease the humanity of production because in order to create all those programs and in order to read all the information that those programs give and to use it and implement there will be a need of using human capital to complete the whole objective. So therefore that human will be as need as machines.

8 0

2 years ago

John, Lesa, and Tabir form a limited liability company. John contributes 60 percent of the capital, and Lesa and Tabir each cont

irinina [24]

Answer:

state statutes

Explanation:

Usually, if the LLC's operating agreement didn't specify how the profit would be distributed, state statutes determine that the profits must be divided equally among members.

LLC are separate entities form their owners, they are authorized and created by the state's statutes, and they become legal entities in the state where they have their offices and operate.

4 0

1 year ago