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Shtirlitz [24]
2 years ago
6

Two parcels of land priced at $2,100 per acre were purchased. One parcel was 5 acres in size, and the other was 1 square mile in

size. How much should these two parcels have cost together?
Business
1 answer:
Agata [3.3K]2 years ago
3 0

Answer:

Sold together, both parcels would have cost $ 1,354,500.

Explanation:

Given that two parcels of land priced at $ 2,100 per acre were purchased, one parcel was 5 acres in size, and the other was 1 square mile in size, to determine how much should these two parcels have cost together the following calculation must be performed:

1 square mile = 640 acres

2100 x 5 + 2100 x 640 = X

10,500 + 1,344,000 = X

1,354,500 = X

Therefore, sold together, both parcels would have cost $ 1,354,500.

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Bill Mitselfik has purchased a bond that was issued by Acme Chemical. This bond has a face value of ​$1 comma 000 and pays a div
Vlad [161]

Answer:

The correct answer is $1,114.64

Explanation:

According to the scenario, the given data are as follows:

Rate (Semiannual) = 6% ÷ 2 = 3%

Time period = 5 years

Time period (semi annual) (Nper) = 5 × 2 = 10

Face value (PV) = $1,000

payment (pmt) = $1,000 × 4%/2 = $20

We can calculate the FV by using financial calculator,

The attachment is attached below.

So, the Price = $1,114.64

8 0
2 years ago
The following information pertains to Lance Company.
nalin [4]

Answer and Explanation:

The preparation of the bank reconciliation statement is presented below:

Balance as per bank $8,732.00

Add: Deposit in transit $3,500.00  

Less: Outstanding checks  -$1,486.00

Adjusted bank balance  $10,746.00

Balance as per books $8,768.00

Add: EFT received from customer $2,023.00

10791.00

Less: Service charges -$45.00

Adjusted book balance  $10,746.00

5 0
2 years ago
Your answer is incorrect. Try again. Blossom Corp. had total variable costs of $219,600, total fixed costs of $126,750, and tota
koban [17]

Answer:

$325,000

Explanation:

Given that,

Total variable costs = $219,600

Total fixed costs = $126,750

Total revenues = $360,000

Required sales in dollars to break even:

= [Total fixed cost ÷ (Total revenues - Total variable costs)] × Total revenues

= [$126,750 ÷ ($360,000 - $219,600)] × $360,000

= ($126,750 ÷ $140,400) × $360,000

= 0.9028 × $360,000

= $325,000

8 0
2 years ago
what types of political, economic, and competitive challenges does MTV networks international face by operating worldwide?​
Marysya12 [62]

<u>Explanation:</u>

Remember, MTV is a cable TV company initially founded in the United States.

Political challenges:

There may be differences in administrative costs in each country of operations. For example, the manner and value of taxes paid in the USA may be different in another country like France.

Economic challenges:

The level of economic growth may affect the amount and number of people who spend on entertainment leading to a decline in revenue and an increased need for aggressive marketing campaigns.

Competitive challenges:

Each country may already have other cable TV companies that a percent of the market share and so this it becomes a challenge to compete with these domestic companies.

6 0
2 years ago
What is the main purpose of DTP software? to arrange elements on a page in a way that makes communication more effective to crea
ololo11 [35]
DTP or Desktop Publishing software is a software used to arrange element on a page in a way that makes communication more effective. In publishing houses, DTP are used to layout variety of printed materials such as magazines, books, pamphlets and menus
4 0
2 years ago
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