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irina [24]
2 years ago
9

a carpet company paid $2496 for an imported rug. Their operating expenses are 35% of cost. if they sell the rug at a clearance p

rice of $3663.60, find the amount of profit or loss
Business
1 answer:
yuradex [85]2 years ago
3 0
I’m not sure but a calculator will help you. Actually you should look up websites that does your homework for u. It’s the best cheat sheet!
You might be interested in
An ordinary annuity selling at $4,947.11 today promises to make equal payments at the end of each year for the next eight years
Kryger [21]

Answer:

$812.49

Explanation:

Given that

Sale value of ordinary annuity = $4,947.11

Time period = 8 years

Interest rate = 6.50%

So by considering the above information, the annual annuity payment is

$4,947.11 = Annual annuity payment × Present value annuity factor at 6.5% for 8 years

$4,947.11 = Annual annuity payment × 6.0888

So, the annual annuity payment is $812.49

7 0
2 years ago
A bond with a face value of $1,000 has 10 years until maturity, carries a coupon rate of 8.6%, and sells for $1,140. Interest is
nordsb [41]

Answer:

Price of bond=948.8583731

Explanation:

<em>The value of the bond is the present value(PV) of the future cash receipts expected from the bond. The value is equal to present values of interest payment plus the redemption value (RV). </em>

Value of Bond = PV of interest + PV of RV

Semi-annual interest = 8.6% × 1,000 × 1/2 =43

Semi-annual yield = 9.4%/2=4.7 %

<em>PV of interest payment</em>

PV = A  (1- (1+r)^(-n))/r

A- 43, r-0.047, n- 20

= 43× (1-(1.047)^(-10)/0.047)

= 549.7724893

<em>PV of redemption Value</em>

PV = F × (1+r)^(-n)

F-1000, r-0.047, n- 20

PV = 1,000 ×   1.047^(-20)

PV = 399.0858837

Price of Bond

549.772 + 399.085

=948.8583731

4 0
2 years ago
Terrance and Barbara created a limited partnership, but they failed to comply with the requirements of the limited partnership.
rjkz [21]

Answer:

The partners will have unlimited liability.

Explanation:

Limited partnership is a form of partnership in which two or more people share ownership of a business. The existence of two types of partners is an essential requirement for a limited partnership. These two partners include:

1) General partner.

2) Limited partner.

-General partners are the partners that are fully involved in the daily management of the business. They are solely in charge of decision making process in the company, general partners are also liable for the debts incurred in the business.

-Limited partners are not involved in the daily management of the company, they only participate by investing money into the business and as such they are prohibited from making any type of decision in the organization.

3 0
2 years ago
Dynamo Electronics, a major maker of electronics products in the United Kingdom, is concerned about the continually falling pric
Nataly_w [17]

Answer:

3

Explanation:

Beacauese yea

8 0
2 years ago
As a new manager, Candace has had to learn a lot, and sometimes her job is more stressful than she expected. As a manager, she n
ExtremeBDS [4]

Answer: disturbance handler; decisional; more through others.

Explanation:

As a new manager, Candace has had to learn a lot, and sometimes her job is more stressful than she expected. As a manager, she needs to fulfill many roles. Candace schedules employees for shifts at the front desk, in the dog play areas, and in the bathing and grooming rooms.

This is part of the disturbance handler role of management, which falls under the decisional component. To adapt to being a manager, Candace has had to get things done by working more through others.

4 0
2 years ago
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