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KengaRu [80]
2 years ago
9

Walden’s family is shopping for a reclining chair. The chair the family decided on has a retail price of $800 plus 5% sales tax

at four stores. Each store is offering a different promotion.
Store
Promotional Offer

A
$75 instant rebate

B
10% off sale

C
5% off sale plus store pays sales tax

D
a “no tax” sale—the store pays the tax


Which store has the best deal?


store A

store B

store C

store D
Business
2 answers:
IceJOKER [234]2 years ago
6 0

Just by looking at the answer you can take out D because C already offers no tax and 5% off, do C is better than D, so we only have to do t math for A, B, and CA is 800 plus tax, with $75 back800×1.05 (because it's 5% tax) -75 =$765B is 800×.90 (because 10% off means he's paying 90%)×.05=$756C is 800×.95 (because 5% off means he's paying 95%) =760A=765B=756C=760So B is the best deal

:)

NemiM [27]2 years ago
3 0

Answer:

b

Explanation:

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Exeter Company acquires 35% of the voting stock of Fenton Corporation for $7,000,000 on January 1, 2020. At the time, the book v
ArbitrLikvidat [17]

Answer:

a. $700,000.

Explanation:

20,000,000 x 35% = 7,000,000

purchase cost:          7,000,000

nor goodwill or excess of value should be recognized.

But, if the face value is 15,000,000 then:

15,000,000 x 35% =  5,250,000

we recognize a goodwill of 1,750,000

which will be amortized over 5 year thus:

1,750,000 / 5 = 350,000

For the income of Frenton it will recognize the proportion of the net income and subtract the amortization on the goodwill.

3,000,000 x 35% =   1,050,000

amortization        <u>       (350,000)  </u>

<em>income from Frenton  700,000</em>

<em />

8 0
2 years ago
Tammy can buy an asset this year for $1,000. She is expecting to sell it next year for $1,050. What is the asset’s anticipated p
prisoha [69]

Answer:

The asset’s anticipated percentage rate of return is 5%

Explanation:

Rate of return is the annual return that an investor earns on an Initial investment in an asset.

RatReturn on Asset = Expected selling price - Initial Purchase price

Return on Asset = $1,050 - $1,000

Return on Asset = $50

Rate of return = Return on Asset / Initial Purchase price = $50 / $1,000 = 0.05 = 5%

6 0
2 years ago
Atlas Manufacturing produces a unique valve, and has the capacity to produce 50,000 valves annually. Currently Atlas produces 40
LekaFEV [45]

Answer:

The Total manufacturing costs will increase while the unit manufacturing costs will decrease

Explanation:

The most likely behavior of the total manufacturing costs as well as the unit manufacturing costs is that the Total manufacturing costs will increase while the unit manufacturing costs will decrease because Atlas Manufacturing has the capacity to produce 50,000 valves annually which is per year in which it produces 40,000 valves and is about to increase the production to 45,000 valves the next coming year which will cause the manufacturing costs to increase and inturn cause the unit manufacturing costs to decrease.

6 0
2 years ago
At the beginning of 2009, Glass Manufacturing purchased a new machine for its assembly line at a cost of $600,000. The machine h
nikdorinn [45]

Answer:

A. $55,000.

Explanation:

The cost of the new machine in 2009 is $600,000

The residual value was $50,000

Useful life is ten years

Under the straight-line depreciation method, the depreciation amount in 2020  will be

The depreciable amount the machine cost - residual value

= $600,000 - $50,000

= $550,000

The depreciation rate will be 1/10 year x 100 = 10%

depreciation per year will be 10% x 555,000

=10/100 x 550,000

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Depreciation 2010, the second year will $55,000 since the depreciation amount is a constant figure under the straight-line method.

8 0
2 years ago
Using the world bank index how many us dollars would buy the same amount of rupees as 862800
Strike441 [17]

With the current exchange rate provided by the word bank, 1 US dollar would be the equivalent of 64.43 Indian Rupees or INR. By knowing this exchange rate, you can simply divide the given amount which is 862,800 Indian Rupees by 64.43 INR. After dividing the two amounts, you will probably have 13,391.28 as your answer. There are a lot of ways in the digital age to convert currencies right now. However, when you exchange your money in exchange centers,do not expect to have the same amount you just calculated since you will be paying for a few taxes and service fees.

5 0
2 years ago
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