Find the overall percentage change in the price of a good if it rises by 5% in a year but is then reduced by 30% in a sale. Select one: а. 25% b. 26.5% С. 35% d. 73.5% е. Cannot be determined
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- If a company has three lots of products for sale, purchase 1 (earliest) for $17, purchase 2 (middle) for $15, purchase 3 (latest) for $12, which of the following statements is true? A. This is an inflationary cost pattern. B. This is a deflationary cost pattern. C. The next purchase will cost less than $12. D. None of these statements can be verified.Question 3 Esellance, a sale training company manager, believes that the economic state for the next year will be strong, normal, or weak and that the company’s returns will have the probability distribution presented below: State of economy. Probability of the state of economy. Rate of return Strong. 0,50 45% Normal 0,40 15% Weak 0,10 5% What is the coefficient of variation of the estimated returns? 1. 0,560 2. 0,584 3. 0,600 4. 0,620A product is bought for an amount of P50,000 which will be sold after 7 years.Calculate the constant declining percentage(k). Use Double Declining Balance Method.
- Question for Maroon Company: • HOW MUCH IS THE GAIN OR LOSS IF THE BLDG IS SOLD FOR P8MILLION ONE YEAR AFTER REVALUATION? • HOW MUCH IS THE BLANCE OF REVALUATION SURPLUS AFTER THE SALE? For Noypi Store, follow the requirement. (Choose from the choices and kindly provide a solution.)A company is thinking of investing in one of two potential new products for sale. The projections are as follows: Year Revenue/cost £ (Product A) Revenue/cost £ (Product B)0 (150,000) outlay (150,000) outlay 1 24,000 12,0002 24,000 25,3333 44,000 52,0004 84,000 63,333 a) Calculate decimal. Please present answer to nearest half a month.A product is currently reported on the balance sheet at a cost of $29. The selling price of the product is currently $30 and disposal costs are $3. If the company had to buy the product today, it would pay $28. The product has a normal profit margin on sales of 30%. What amount should the product be valued at under each of the following methods? Lower of Cost or Market (LCM) Lower of Cost of Net Realizable Value (LCNRV)
- Questions: 1. What would be the amount of decrease in gross profit due to the change in selling price assuming the selling prices were 10% lower during 2020? 2. What would be the amount of change in gross profit assuming the quantity sold increases by 5% from 2019 to 2020? 3. What would be the percentage changes in cost price assuming the quantity sold increases by 5% from the base year to 2020?Payton Inc. reports in its Year 7 annual report, sales of $7,362 million and cost of goods sold of $2,945 million. For next year, you project that sales will grow by 3% and that cost of goods sold percentage will be 1 percentage point higher. Projected cost of goods sold for Year 8 will be: Select one: a. $3,033 million b. $3,019 million c. There is not enough information to determine the amount. d. $3,109 million e. $2,945 millionMay I ask for an explanation and solution to the question for a better understanding. Thank you! 1.If the sales this year amounted to P500,000, sales this year at last year’s prices is P460,000. The cost of sales this year is P300,000, and the cost of sales this year at last year’s price is P260,000. How much is the gross profit variation due to sales price factor? a. P0 b. P400,000 U c. P40,000 F d. P240,000 F e. can't be determined
- 1. DRS Sdn. Bhd. earned operating income last year as shown in the following income statement: Sales = 580000 Cost of goods sold = 333000 Gross margin = 247000 Selling and administrative expense = 190000 Operating income = 57000 At the beginning of the year, the value of operating assets was RM177,000. At the end of the year, the value of operating assets was RM277,000. DRS Sdn. Bhd. requires a minimum rate of return of 10%. a) Calculate the return on investment (ROI). b) Calculate the residual income (RI).(0) Given i formation of Bolux Milling as follows Sales. 200000 Variable cost. 100000 Fixed cost. 60000 What is percentage increase in ptoduction to earn same amount of net profit in Dec 2019 if the selling orice is reduced by 10%Takaful wishes to adjust their rates for next year, they calculate that the expected loss ratio is 0.8, while the data shows that the loss adjustment expenses is 566 and the total premium earning is 990. The company's current ratei s 77. Using the experience rating method what will the new primum be if the credibility factor is 0.6