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MA_775_DIABLO [31]
2 years ago
15

In october 2011, the average house price in the united states was $242,300. in october 2004, the average price was $289,600. req

uired: what was the annual change in the average selling price?
Business
1 answer:
kondor19780726 [428]2 years ago
7 0
Average house price:October 2004 : $289,600.October 2011: $242,300 ( 7 years later ).$289,600 - $242,300 = $47,300$47,300 : 7 = $6,757.14Answer: The annual change in average price - it it decreasing for $6,757.14 every year.

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Jose now has $500. How much would he have after 6 years if he leaves it invested at 5.5% with annual compounding?a. $591.09b. $6
lys-0071 [83]

Answer:

D. 689. 42

Explanation:

The equation to calculate the total including the initial principal plus interest is A=P(1+r/n)^{nt}, where the following is true:

A= Total (principal plus interest)

P= Principal ($500)

R= Rate (5.5% in decimals = 0.055)

n= Compound (Annually -- 1 year)

t= Time in years (6 years)

A=500(1+(0.055/1))^{1X6}

A=500(1+0.055)^{6}

A=500(1.055)^{6}

A=500(1.37884)

A=689.42

6 0
2 years ago
The Southern Division manager of Texcaliber Inc. is growing concerned that the division will not be able to meet its current per
Vesnalui [34]

Answer:

Aston has given the information required to meet division profit objective. Increasing the profit objective is common goal of every manager. Here manager wanted to meet profit objective by minimising fixed cost which is not wrong motive. Whether the excess production can be sold in the market. If there is a chance to sell, more production can be made.

Absorption costing means that all of manufacturing costs are absorbed by units produced. It calculates every cost on no. of units produced but it does not mean to increase production only in order to match income objective or to reach this goal instead of fact that inventory remains at end, and sale of that increased production does not take place and income objective met because of the lower cost per unit.

3 0
2 years ago
Warren Cassell, owner of Just Books, a very small book store, makes special orders for customers at no extra charge, provides fr
Anna007 [38]

Answer:

Cassell is relying on Guerrilla Marketing strategy in this case.

Explanation:

Guerrilla Marketing:

It is a such type of marketing strategy in which we use non-traditional ways to accomplish our marketing goals. This unconventional way of marketing is directed towards developing an emotional between a business/organization and its customer.

Example:

The common example of guerrilla marketing is as follow:

A company named "XYZ" sells soft drink and they start a campaign in a public space in which they offer free drinks to the public. The people taste their soft drink for free and tell others about it.  

In our case, Warren Cassell use this strategy of marketing by offering them free gift-wrapping, free autographed copies of books etc so that the customer develop a very strong emotional bond with the book store. As a result, they will tell other people about her generosity and will help her to expand her business.    

5 0
2 years ago
Read 2 more answers
A property was purchased two years ago for $300,000; the investor just sold the property for $379,000. What was the percentage o
ikadub [295]

Answer:

percentage of profit is 26.3%

Explanation:

given data

purchase property cost = $300,000

time = 2 year ago

sold  property = $379,000

solution

we get here percentage of profit in relation to the cost

first we get here percentage value increase  that is

percentage value increase = \frac{379000}{300000}

percentage value increase = 1.263

percentage value increase = 126.3%

so here 1 in 1.263 represent you the original cost

so profit % = 1 - 1.263

profit % = 26.3%

3 0
2 years ago
Ruben is the chief executive officer of a multinational corporation. He manages 15 teams, and the leaders of each team report to
lys-0071 [83]

Answer:

D) bureaucratic control

Explanation:

It seems that in this scenario, Ruben is using bureaucratic control. This term refers to the use of various different rules, policies, authority, documentation, reward systems, and even other formal methods in order to convince and control employee behavior and performance. Which is what Ruben does with his teams of employees by rewarding them if they perform well and taking away their earned leaves if they perform badly.

5 0
2 years ago
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