Ploblem 7. Todd Gunderson found in his attic a Woody Woodpecker watch in its original box. It had a pricetag on it for $4.50. The watch was made in 1945. Todd brought the watch to an antiques dealerand sold it for $32. What was the percent of increase in price? (Round to the nearesthundredth percent.) otherif theve the1. Gunderson's Hardware received a $1,120 invoice dated July 15 with 5/10, 4/15, n/60 terms. OnJuly 29, Gunderson's sent a $249 partial payment.a. What credit should Gunderson's receive? (Round your answer to the nearest cent.)Credit2$arges

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Answered: Todd Gunderson found in his attic a…

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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Todd Gunderson found in his attic a Woody Woodpecker watch in its original box. It had a price tag on it for $4.50. The watch was made in 1945. Todd brought the watch to an antiques dealer and sold it for $32. What was the percent of increase in price? (Round to the nearest hundredth percent.)