During the year, a company had $100,000 in revenues, $40,000 in expenses, and paid $3,000 in dividends. the net of these items caused total stockholders' equity to ______.
Answers
The net of these items caused total stockholders' equity to increase by 57,000
100,000-40,000-3000= 57000
Revenues - expenses - dividends paid = stockholders equity
100,000-40,000-3000= 57000
The amount of assets still accessible to shareholders after all obligations have been satisfied is known as shareholders' equity, sometimes known as shareholders' or owners' equity. It can be computed as the sum of a company's share capital and retained earnings less treasury shares or alternatively as the firm's total assets less total liabilities. Common stock, paid-in capital, retained earnings, and treasury stock are all examples of stockholders' equity.
Conceptually, stockholders' equity can be used to evaluate the funds kept within a company. If this number is negative, it can be a sign that the company is about to file for bankruptcy, especially if there is also a sizable debt obligation.
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Related Questions
Expliquen la siguiente frase:
El mero crecimiento económico no es suficiente para terminar con la pobreza y preservar el medio ambiente
Answers
Answer:
Efectivamente, el mero crecimiento económico no es suficiente para terminar con la pobreza y preservar el medio ambiente, sino que dicho crecimiento debe ir acompañado de un desarrollo estructural que contemple el acceso igualitario a los distintos servicios por parte de la sociedad, así como también el establecimiento de controles sanitarios y medioambientales que preserven el bienestar de los individuos en el marco del desarrollo de las actividades económicas.
Which of the following would help a hiring manager determine whether a
recruiting resource is effective?
A. Comparing the diversity of internal versus external candidates
B. Comparing retention and turnover results from different recruiting
sources
C. Comparing salaries at multiple corporations
D. Creating job listings on multiple social media sites
Answers
PLEASE HELP ASAP!!
Eduardo needs a credit card to a buy a computer that will probably take him a year to
pay off completely. Which of these cards should he apply for?
А
a credit card with no introductory fee, no annual fee and a 45% APR
B
a credit card with a $100 introductory fee, a $25 annual fee and a 10% APR
с
a credit card with no introductory fee, a $25 annual fee and a 10% APR
D
a credit card that gives you $10 for signing up but charges a $30 annual fee and
has a 15% APR
Answers
Multiple choice.
1) what is it called when someone buys and sells stocks constantly, checking by the minute instead of longer term?
A- blue-chip trading
B- night trading
C- conservative trading
D- day trading
2) what does owning stock in a company actually mean?
A- a share of ownership in the company
B- lending money to the company
C- both a and b
D- none of the above
3) what category of investments is considered to be the highest risk?
A- financial security
B- growth
C- speculation
D- safety and income
4) what does “liquidity” mean as far as a persons money in an account?
A- how much it is worth
B- how long you’ve had it in the account
C- how easily and quickly it can be withdrawn
D- none of the above
6) what is a possible negative thing about having a large amount of money in a regular savings account
A- the interest earned may be less than the inflation rate
B- it takes a while to take money out
C- the interest earned may be more than the inflation rate
D- none of the above
7) what is the total amount of money that you earn called?
A- net pay
B- take home pay
C- gross pay
D- none of the above
8) which of the following is NOT a service of checking accounts?
A- stop payment orders
B- debit cards
C- online checking
D- money market interest
9) what could possibly get you in trouble with a checking account?
A- not reconciling your balance periodically
B- ordering too many check blanks
C- overdraft protection
D- none of the above
10) what does the fdic insure?
A- bonds
B- stock market holdings
C- savings account
D- none of the above
Please help me
Answers
Answer:
1 d
2 c
3 a
4 b
5 c
6 a
7 b
8 d
9 a
10 a
Connie thinks that her salary and tax rate for next year will be lower than for this year. What step should she take to minimize her taxes in the current year? Select one: a. Accelerate receipt of income. b. Delay deductions. c. Practice tax evasion. d. Accelerate deductions. e. None of these will allow her to minimize her taxes.
Answers
Answer:
d. Accelerate deductions
Explanation:
Tax acceleration is a way that a taxpayer is able to hasten tax deduction.
Taxi is paid in the year that it was incurred instead of in the subsequent year.
This way tax expense that will be paid from the current year is reduced and tax income will increase.
In the given scenario where Connie thinks that her salary and tax rate for next year will be lower than for this year, the best way to minimise her tax expense starting this year is by tax acceleration
Which of the following can help a firm extend its competitive advantage? better expectations of future resource valueintellectual property protectionpath dependence
Answers
"Better expectations of future resource value", "intellectual property protection", and "path dependence" can all help a firm extend its competitive advantage.
The Explanation to EachA firm that has a better understanding of the future value of its resources can invest in them more effectively and use them to create a sustainable competitive advantage. By identifying and investing in resources that are likely to become more valuable in the future, the firm can gain an edge over its competitors.Intellectual property such as patents, trademarks, and copyrights can give a firm exclusive rights to a product or service, thereby creating a competitive advantage. By protecting their intellectual property, firms can prevent competitors from imitating their products or services, which can help to maintain market share and profitability.
A firm that has a path-dependent advantage has built up unique capabilities over time that are difficult for competitors to replicate. This advantage can come from a variety of sources, such as unique organizational culture, specialized knowledge, or relationships with suppliers or customers. By leveraging their path-dependent advantage, firms can create barriers to entry and extend their competitive advantage.
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Which aspect is an essential feature of a joint venture between two companies that come together for global trade?
A.
shared production facilities
B.
shared marketing staff
C.
shared workspaces
D.
joint equity ownership
Answers
Answer:
D. joint equity ownership
Explanation:
The aspect that is an essential feature of a joint venture would be joint equity ownership. That is because in a joint venture all parties combine all of their resources and share in both the liability and profits of the company. Joint Equity Ownership is the main part of this as it explains how these companies joint their assets in order to make as much profit as possible from their business venture.
Choose a good you are familiar with, and analyze its economic utility, using the questions below. NOTE: Choose a good for this exercise, not a service. a. What type of good did you choose? (1 sentence. 1.0 points)
Answers
The correct answer to this open question is the following.
Unfortunately, you did not attach the "questions below." So we do not know what they are or what they say.
However, trying to help, we can comment on the following.
The good I am most familiar with is oil because my father works in the oil industry.
Oil has an enormous economic utility because it literally "moves the world." Oil is used in almost every industry. We use it on a daily basis. First of all, we use gasoline in our cars. We use gas in our homes. Hotels, corporations, public service buildings use gas or gasoline in different forms.
Oil companies are one the most powerful industries in the world. Companies such as British Petroleum, Exxon, Mobile, Shell, and many others, are dominant industries in most of the countries. Some economies are based on oil and its fluctuant price.
Although governments are trying to move on and use alternative forms of energy that protect the environment, oil is still the most important form of energy on planet Earth.
Suppose the economy is operating in long-run equilibrium at point E. In the long run, a monetary contraction will move the economy in the direction of point
a. A.
b. B.
c. C.
d. D.
e. E.
f. F.
g. G.
h. H.
i. I.
Answers
In the long run, a monetary contraction will move the economy in the direction of point A.
In the long run, the economy tends to adjust to its natural level of output and achieve price stability. Point E represents the long-run equilibrium where aggregate demand (AD) intersects with the long-run aggregate supply (LRAS) curve. Any changes to the economy's equilibrium in the long run will typically involve shifts in the LRAS curve.
A monetary contraction refers to a decrease in the money supply or a tightening of monetary policy by the central bank. This contractionary policy is aimed at reducing inflationary pressures. When a monetary policy contraction occurs, it leads to a decrease in aggregate demand. As a result, the economy moves to a lower level of output and price level. This movement in the direction of lower output and prices corresponds to point A on the aggregate demand curve (AD).
Therefore, the correct option is (a) A, as a monetary contraction in the long run would move the economy towards point A.
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Incumbent firms prefer to focus on incremental innovations which reinforce their established organizational structure and power distribution and avoid radical innovation that could disrupt their existing power distribution. This is known as
Answers
Organizational inertia is simply known to be the ability or strength of an organization to create internal changes in the midst of an important external changes. This is known as Organizational inertia
An organization inertia often increase or takes place step by step in the organization's actions. The organization therefore suddenly reacts based on past experiences and strongly resists against changing.It is the ability of a mature organization to still stand on its main trajectory. This inertia is made up of two elements. They are resource rigidity and routine rigidity
Incumbent firms favor incremental innovation over radical innovation because radical innovation often obstruct or disturb the existing power distribution that takes place in the firms.
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The critical elements of internal control systems for cash disbursements include each of the following except: Multiple Choice The same person that prepares the check should also record it in the proper journal. All of these answer choices are critical elements of internal control systems for cash disbursements. All disbursements, other than very small disbursements, should be made by check. Only authorized personnel should sign checks. All expenditures should be authorized before a check is prepared.
Answers
Answer:
The critical elements of internal control systems for cash disbursements include each of the following except:
The same person that prepares the check should also record it in the proper journal.
All of these answer choices are critical elements of internal control systems for cash disbursements.
Explanation:
When the person, who signs the check, records it in the journal, there is a violation of the control principle of segregation of duties, which is a principal element of internal control systems. Therefore, all the answer choices are not critical elements of the internal control systems for cash disbursement.
Which occurrence is an emerging trend in International agricultural marketing? A the percentage of agricultural trade is decreasing В. the percentage of agricultural trade is increasing C.agricultural markets around the world are shrinking D. developing nations have moved from net importers to net exporters E. developed nations have stopped trading in agriculture
Answers
Answer:
answer is b
Explanation:
Answer:
the answer is b
Explanation:
i got it right on edmentum
a lost check with a blank endorsement on it can be cashed by
Answers
Answer:
A Blank Endorsement is - an endorsement consisting only of the endorser's signature. * If the blank endorsed check is lost or stolen, the check can be cashed by anyone who has it, so only use it when it is ready to be directly cashed or deposited into the bank. SPECIAL ENDORSEMENT.
Explanation:
Marginal revenue product is the: a. change in total output resulting from a unit change in the quantity of a variable input. b. price of the output multiplied by the total units of output produced. c. change in total cost resulting from a unit change in the quantity of a variable input. d. ratio of total revenue to the quantity of a variable input employed. e. change in total revenue resulting from a unit change in the quantity of a variable input.
Answers
Answer:
An apple, potato, and onion all taste the same if you eat them with your nose plugged
Explanation:
Which of the following countries did not trade with the Phoenicians?
O Babylonia
Japan
O Egypt
Greece
Answers
Japan
What benefits might citizens of a Centrally Planned economy derive from a move toward a marked based system?
Answers
Citizens in a Centrally Planned Economy benefit from a shift toward a marked-based system. Higher economic growth, Increased access to products and services, More freedom and choice.
1. Higher economic growth: Transitioning to a market-based economy promotes competitiveness and efficiency, which can lead to increased economic growth.
2. Increased access to products and services: As the economy shifts toward a market-based system, residents will have more access to a broader range of goods and services, including imported commodities.
3. More freedom and choice: In a market-based economy, individuals have greater flexibility to pick whatever products and services they wish to buy, as well as more freedom to engage in a variety of economic activities.
4. Improved entrepreneurial incentives: A market-based economy may give incentives for entrepreneurs to innovate and produce new goods and services, resulting in increased economic growth and development.
5. More effective resource allocation: A market-based system supports efficient resource allocation since prices represent the real worth of commodities and services in the economy. This has the potential to boost economic efficiency.
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a customer writes an mmm january 70 put at 6. the maximum potential gain on this position is_____.
Answers
When a customer writes an MMM January 70 put at 6, the maximum potential gain on this position is Option A. $600.
It means the customer is selling an options contract on 100 shares of 3M Company (MMM) stock, with a strike price of $70 per share, and an expiration date of January. The customer will receive a premium (the price of the options contract) of $6 per share, or $600 total ($6 x 100 shares).
The maximum potential gain on a short put position is the premium received from the sale of the options contract. In this case, the customer receives a premium of $6 per share or $600 total. This is the most the customer can make on the trade. The maximum potential loss on a short put position is unlimited. If the stock price falls below the strike price, the customer may be required to purchase 100 shares of MMM stock at $70 per share, regardless of how low the price has fallen.
This means the customer could lose much more than the $600 premium received from the sale of the options contract. The break-even price for a short put position is the strike price minus the premium received. In this case, the break-even price is $70 - $6 = $64 per share. If the stock price falls below $64 per share, the customer will start losing money on the trade. Therefore, the correct option is A.
The question was incomplete, Find the full content below:
a customer writes an mmm January 70 put at 6. The maximum potential gain on this position is
A) 600
B) 300
C) 100
D) 760
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if an investor owns treasury bonds that will mature in 20 years, she is exposed to: qid: 3571153 mark for review a credit risk b inflationary risk c political risk d capital risk
Answers
Out of the choices of alternatives provided above, it can be concluded that when an investor is owing treasury bonds that have a maturity period of 20 years, then she is exposed to a credit risk. So, the option A is correct.
A credit risk, as a concept, can be generally explained as a risk taken by an investor while granting or advancing a credit to the borrower for a predefined period of time. Bonds are usually such instruments that carry higher amount of credit risks, because the bonds are not as good as the equity owned by an investor.
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What increases your total loan balance interest accrual or interest capitalization?
Answers
When it comes to the calculation of a loan balance, the factor that increases this amount is the interest capitalization.
Interest capitalization:
Is unpaid interest that has accumulated. Is added to the loan principal.As a result of this unpaid interest being added to the loan balance, the loan will increase in size and the interest will then be calculated using this new balance thereby increasing the interest payments as well.
In conclusion, the answer is interest capitalization.
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Leslie tunes musical instruments. Leslie tuned a guitar with 666 strings today. Then she tuned a piano with 373737 times as many strings. How many strings did the piano have? Choose 1 answer: Choose 1 answer: (Choice A) A The piano has 422422422 strings, because 37 \times 6=42237×6=42237, times, 6, equals, 422. (Choice B) B The piano has 222222222 strings, because 37 \times 6=22237×6=22237, times, 6, equals, 222. (Choice C) C The piano has 666 strings, because 37 \div 6=637÷6=637, divided by, 6, equals, 6 remainder 111.
Answers
Answer:
there is something wrong with the question since a guitar has 6 strings, so I believe that the numbers were copied three times.
Assuming that Leslie tuned a 6 string guitar and she also tuned a piano that has 37 times as many strings, then the piano has 37 x 6 = 222 strings.
Option B is correct: the piano has 222 strings, because 37 times 6 = 222
Answer:
It's actualy 222
Explanation:
Sample ________
is the number of people questioned for a survey.
Answers
___________
Answer:
Sample size
Explanation:
Sample size is the term that describes the number of objects or people involved in a research study. Sample size applies where it's impossible to get a response from the entire population due to its large size. The researcher uses several techniques to select a small number of respondents believed to represent the entire population. The small number or group selected is the sample size.
Please help I'm about to fail my class and i will be grounded for life, 100 pts for it! its financial literacy
Part One–Research
Imagine you bought 100 shares of stock three years ago and are selling it today. Select a company and research its stock prices. You can start with websites like Nasdaq and Fidelity. Determine the stock's price three years ago, or the purchase price, and its price today, or the selling price.
Part Two–Determine the Real Return
Calculate the real return of your stock investment using the following information:
Purchase price of 100 shares of stock
Selling price of 100 shares of stock
10% tax rate
3% inflation rate
2% administrative fee on the selling price of the stock
Part Three–Evaluate
Analyze your research and calculations, and answer the following questions:
What company did you select to buy stock in? Why did you select the company?
Consider the real return of the stock investment. Do you consider it a wise investment? Why or why not?
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1. I imagine buying 100 shares of Amazon.com Inc. on January 3, 2020, when the stock price was $93.75, investing $9,375.
Today, October 31, 2022, the stock price of Amazon.com Inc. is $102.44.
2. The real return on my investment in Amazon.com Inc was a net loss of 7.12% or $667.60.
3. The company I selected to buy its stock three years ago was Amazon.com Inc.
4. I decided on Amazon.com Inc., hoping to earn spectacular returns since it is a multinational technology company.
5. When I consider the actual return on the stock investment in Amazon.com Inc., I think it was an unwise investment.
6. The investment returned a negative real value because I realized less than I initially invested; I actually lost about $667.60 overall.
What is the stock investment?Stock investment is the purchase of shares for an ownership interest in a publicly-listed company.
The investor makes the investment with the hope that the investee will grow and perform well over some period, enabling the investor to earn some real returns (in the form of dividends and capital appreciation).
Purchase of 100 shares Jan. 3, 2020 = $9,375 (100 x $93.75)
Sales of 100 shares Oct. 31, 2022 = $10,244 (100 x $102.44)
Tax (10%) = $1,024.40 ($10,244 x 10%)
Inflation (3%) = $307.32 ($10,244 x 3%)
Administration fee on sales (2%) = $204.88 ($10,244 x 2%)
Real Returns in dollars = $8,707.40 ($10,244 - $1,024.40 - $307.32 - $204.88)
Loss on returns = $667.60 ($8,707.40 - $9,375)
Loss percentage = 7.12% ($667.60/$9,375 x 100)
Unfortunately, Amazon.com Inc. did not pay any dividends during the period of my investment, and I really lost funds to taxes, inflation, and administration fees when I sold it.
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a company reported total stockholders' equity of $546,000 on its balance sheet dated december 31, 2021. during the year ended december 31, 2022, the company reported net income of $60,600, declared and paid a cash dividend of $18,600, declared and distributed a 10% stock dividend with a $15,600 total market value, issued additional common stock for $76,000, and resold treasury stock for $15,600 that it had purchased in 2021 for $12,600. what is total stockholders' equity as of december 31, 2022?
Answers
Equity held by stockholders will total $667,000 as of December 31, 2022.
How is total shareholder equity determined?Total assets minus total liabilities equals shareholders' equity. The aforementioned formula, also referred to as the fundamental accounting equation, is simple to apply. Add the value of all liabilities to the total of all assets on the balance sheet. The sum of all current assets, such as marketable securities, is known as total assets.
How is shareholders equity calculated?- Determine a company's total assets from its most recent balance sheet.
- Determine its location and total liabilities.
- To determine the shareholders' equity, subtract the total liabilities from the total assets.
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A point where a market segment desired product would be located on a perceptual map is called:_______.
Answers
A point where a market segment desired product would be located on a perceptual map is called a positioning point. A perceptual map is a visual representation of how consumers perceive different products or brands based on specific attributes or dimensions.
It helps marketers understand the positioning of their products in relation to competitors in the market.
To identify the positioning point on a perceptual map, marketers consider the preferences and perceptions of the target market. They analyze the attributes or dimensions that are important to the consumers and plot the positions of various products accordingly. The positioning point represents the ideal location where the desired product would be situated on the perceptual map to meet the specific needs and wants of the target market.
For example, let's consider a perceptual map for smartphones. One dimension could be price, and the other could be features. If the target market prefers affordable smartphones with advanced features, the positioning point would be located in the bottom left quadrant of the perceptual map. On the other hand, if the target market values high-end smartphones with premium features, the positioning point would be in the top right quadrant.
The point where a market segment desired product would be located on a perceptual map is called a positioning point. It represents the ideal location on the map that aligns with the preferences and perceptions of the target market.
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As a newly employed Chief Design Officer (CDO) of a start-up company, Ghana CoFarmers Ltd, you have been tasked to undertake your first project which is to design a system for selling cocoa. The aim is to develop an interface that meets the needs of both the farmers (in Ghana) and the customers. Describe in detail a design methodology of four stages to facilitate the proper design of such a system. Write your answer in the form of a management plan for this project. For each stage, indicate the number of weeks that should be allocated. Hint: Note the four phases of the design process:
Requirements analysis
Preliminary (conceptual) and detailed design
Build and implementation
Evaluation
Answers
The project aims to design a system for selling cocoa that satisfies the needs of farmers in Ghana and customers.
The design methodology will consist of four stages: requirements analysis, preliminary and detailed design, build and implementation, and evaluation. The estimated duration for each stage is as follows:
1. **Requirements Analysis (4 weeks):**
During this stage, the team will gather and analyze the requirements of both the farmers and the customers. Engage with stakeholders, conduct interviews, and perform market research to gain a deep understanding of the target users and their needs. Document the identified requirements and prioritize them based on importance and feasibility.
2. **Preliminary and Detailed Design (6 weeks):**
In this stage, the team will create the conceptual design for the cocoa selling system. Generate ideas, sketch out wireframes, and develop prototypes to visualize the system's structure and functionality. Seek feedback from stakeholders and iterate on the designs. Once the conceptual design is finalized, proceed to the detailed design phase, where specific features, interfaces, and workflows will be defined.
3. **Build and Implementation (12 weeks):**
During this stage, the development team will build the cocoa selling system based on the finalized design. Divide the development tasks into sprints, following an agile methodology. Begin with developing the core features and progressively add additional functionalities. Conduct regular testing and quality assurance to ensure the system's stability, usability, and security.
4. **Evaluation (4 weeks):**
In the final stage, the system will undergo a comprehensive evaluation to assess its performance and user satisfaction. Conduct usability tests, collect feedback from users, and measure key metrics such as conversion rates and customer engagement. Identify areas for improvement and refine the system based on the evaluation results.
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What should you do in the following scenario?
You are meeting with a colleague and within the conversation, the colleague talks about going to dinner with a client, holding hands, and seems to indicate he is thinking of pursuing a relationship.
Answers
Answer:
it seems kind of inappropriate to have a relationship with a client
Explanation:
use an optimization model to determine the best course of action for your real estate company, using the following assumptions: you wish to maximize the net present value of profit over the next eight quarters. assume 6% irr, compounding quarterly. (so 1.5% per quarter) in each neighborhood in which they open an office, they will achieve a baseline of 5.5% market penetration, and earn a 5% commission on sales. for every .1% the commission you charge decreases, your market penetration will increase by .15%, (down to a minimum penetration of 4% or a maximum of 6%) you must pay rent and utilities in each office you open each month. determine the average cost per gross square foot of commercial real estate in your neighborhood for the last year (in nyc historical). [when determining this value, you should exclude properties where gross square feet or sale price is unknown.] each month you will pay 1.5% of this for rent and utilities for each square foot of office space you rent. you must rent at least 250 square feet of office space, plus 125 for each employee you hire. you may hire up to 3 employees. each employee you hire costs a yearly salary $65,000 including benefits, and increases your market penetration by .5%. your monthly operating budget is $15,000. you may add other assumption you deem realistic so long you provide the explanation in your report.
Answers
The best course of action for the real estate company is to open offices in neighborhoods with higher market penetration and lower commercial real estate costs, hire up to 3 employees, and set commission rates to achieve maximum net present value of profit over the next 8 quarters while staying within the monthly operating budget of $15,000.
To optimize net present value of profit, the real estate company should analyze market penetration, commission rates, and real estate costs in each neighborhood to determine which locations will yield the highest profit.
The company should also hire up to 3 employees to increase market penetration while staying within the operating budget. The commission rate should be set to maximize profit while also taking into account the relationship between commission rates and market penetration.
The company should aim to rent office space in neighborhoods with low commercial real estate costs and high market penetration, and adjust the office space size to meet the minimum requirements while minimizing costs.
Finally, the company should regularly monitor and adjust its strategy to adapt to changing market conditions.
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which part of the result block should you evaluate to determine the needs met rating for that result?
Answers
You always need to evaluate both the block and the landing page. For a Special Content Result Block, you only need to evaluate the content inside the block and nothing else.
The quality of the web page and the material inside the block are both taken into account when determining if a requirement is met. The Needs fulfilled rating would not succeed if the landing page's quality was acceptable but the desired content was not delivered.
Videos, live cricket scores, and sports videos are all included in the special content result block and may be seen right away after entering the search term.
When a user searches in websites that are related to their search query, the possibility of finding distinct content that seems irrelevant to them exists in the online search result block.
In particular content result blocks, only the content inside the block is evaluated.
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Which of the following taxpayers may use the standard mileage method of calculating transportation costs?
a. A taxi driver who owns a fleet of six cars for hire.
b. A taxpayer who used accelerated depreciation on his automobile.
c. A business executive who claimed bonus depreciation in the first year she used the car.
d. An attorney who uses his Porsche for calling on clients.
e. None of these choices are correct.
Answers
The taxpayers who can use the standard mileage method of calculating transportation costs are those who use their vehicle for business, charity, medical or moving purposes. The correct option is e. None of these choices are correct.
The standard mileage method is a method used to calculate the transportation cost of a vehicle by multiplying the number of business miles driven by the standard mileage rate.
For example, if a person drives 100 miles for business purposes, the standard mileage rate of 57.5 cents per mile (for 2020) would be multiplied by the 100 miles to get a deduction of $57.50 on their tax return. Taxpayers who use their vehicle for business, charity, medical or moving purposes can use the standard mileage method to calculate their transportation costs. This includes self-employed individuals who use their vehicles for business purposes. However, there are certain limitations and rules that must be followed to use the standard mileage rate method.
Therefore, the correct option is e. None of these choices are correct.
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5. The price of a laptop computer dropped from $1,800 to $1,200. What was the percent of
decrease?
a. 30%
b. 1/3
c. 33.33%
d. 333
Answers
Answer:
c. 33.33%
Explanation:
The original price was $1,800
The price dropped to $1,200
the drop in price was $1,800 - $1200 = $600
The percentage drop will be $600/$1800 x 100
=0.33333 x 100
=33.33%