1H3. Express the percent as a decimal.Coo16.as%o480% =LRo9u180 4.8/004. As part of a fundraiser, a local charity has sold 8 raffle tickets, with a goal ofselling 110 tickets. What percentage of the goal has been sold? (Round tothe nearest tenth of a percent, if necessary. For example, 20.5%)YIOO-1IO7.8 1a131a73XI0357.3900t treqocu has beenApprexmutena cheved

Your answer to Q - 3 is correct. Hence, I am straightway moving to Q - 4.

Answered: 1H 3. Express the percent as a decimal.…

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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Similar questions

At December 31, 2021, Suo’s Boutique had 2,000 gift certificates outstanding, which had been sold to customers during 2021 for P50 each. Sue’s operates on a gross margin of 60% of its sales. What amount of revenue pertaining to the 2,000 outstanding gift certificates should be deferred at December 31, 2021? a. P0 b. P40,000. c. P60,000. d. P100,000.
An entity includes one coupon in each box of laundry soap it sells. A towel is offered as premium to customers who send in 10 coupons and a remittance of P10. Distribution cost of premium is P5. Experience indicates that only 30% of the coupons will be redeemed.2021Boxes of soap sold - 2,000,000.00Number of towels purchased at P50 each - 50,000Coupons redeemed - 400,0002022Boxes of soap sold - 2,500,000.00Number of towels purchased at P50 each - 80,000Coupons redeemed - 700,000What is the amount of Premium Expense for 2021?What is the premium expense for 2022?What is the premium liability on December 31, 2022?
38 - After a 15% discount on an invoice, the invoice amount has decreased to 170 TL. In this case, what is the main value of the invoice? (Outer Percentage Calculations Basic Value Calculation formula X = (100 * X2) / 100 − ?)A) 500B) 200C) 300D) 400E) 100
Eres Hermoso Company includes one coupon in each box of laundry soap it sells. A towel is offered as a premium to customers who send in 10 coupons and a remittance of P20. 2022 2023 Boxes of soap sold 1,000,000 1,500,000 Number of towels purchased at P100 each 25,000 40,000 Coupons redeemed 200,000 350,000 The experience of the entity indicates that only 30% of the coupons will be redeemed. What is the estimated liability for premiums on December 31, 2023? Eres Hermoso Company includes one coupon in each box of laundry soap it sells. A towel is offered as a premium to customers who send in 10 coupons and a remittance of P20.…
Based on the next table, calculate the CAD/CHF quote. EUR/USD 1.15233 USD/JPY 105.977 GBP/USD 1.31400 USD/CHF 0.95522 AUD/USD 0.77751 USD/CAD 1.25637 NZD/USD 0.65728 Report 5 digits after the decimal point (X.XXXXX)
(A/P, 12% quarterly,8 yrs) has a value equals to Select one: a. 0.049 b. 0.048 c. 0.078 d. 0.0426
Phoenix Company, places a coupon in each box of its product. Customers may send in ten coupons and P3.00, and the company will send them a romantic pillow. Sufficient pillows were purchased at P5.40 a piece. During 2019, 1,260,000 boxes were sold. It was estimated that a total of 5% of the coupons will be redeemed. In 2019, 18,000 coupons were redeemed. How much is the liability for premiums outstanding as of December 31, 2019? 43,200 24,300 15,120 45,200 10,800
A dealer bought personal computers for $1850 less 32%, and 17%. They were sold for $1575. What was the markup as a percent of selling price?
McEwan Industries sells on terms of 3/10, net 20. Total sales for the year are $971,000; 40% of the customers pay on the 10th day and take discounts, while the other 60% pay, on average, 90 days after their purchases. Assume 365 days in year for your calculations. What is the days sales outstanding? Round your answer to two decimal places. days What is the average amount of receivables? Do not round intermediate calculations. Round your answer to the nearest cent. $ What is the percentage cost of trade credit to customers who take the discount? If your answer is zero, enter zero. Round your answer to two decimal places. % What is the percentage cost of trade credit to customers who do not take the discount and pay in 90 days? If your answer is zero, enter zero. Do not round intermediate calculations. Round your answers to two decimal places. Nominal cost: % Effective cost: % What would happen to McEwan’s accounts receivable if it toughened up on its collection…
Phoenix Company, places a coupon in each box of its product. Customers may send in ten coupons and P3.00, and the company will send them a romantic pillow. Sufficient pillows were purchased at P5.40 a piece. During 2019, 1,260,000 boxes were sold. It was estimated that a total of 5% of the coupons will be redeemed. In 2019, 18,000 coupons were redeemed. How much is the premium expense for the year 2019?
You have just deposited X dollars in your bank account that pays interest of 6 percent p.a. You discover that at the end of one year you have $ 10,044 in the account. What was X, that is, the amount of money that you deposited today? (Record your answer without a dollar sign, without commas and round your answer to 2 decimal places; that is, record $3,245.847 as 3245.85).
1. Sebastian Company includes one coupon in each box of hotcake mix it sells. A spoon isoffered as a premium to customers who presents 10 coupons and a cash remittance ofP10.00.Cost of distributing the premium is P5.00. Experience indicates that only 30% of thecoupons will be redeemed 2020 2021Boxes of hotcake mix sold 2,000,000 2,500,000Number of spoons purchased at P50 each 50,000 80,000Coupons redeemed 400,000 700,000Required:a. Compute for the premium expense for the year 2020b. Compute the estimated premium liability on December 31, 2020c. Compute for the premium expense for the year 2021d. Compute for the estimated premium liability on December 31, 2021

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