Chapter 2a homeworkNamePrint out and complete this homework assignment. Pay special attention to rounding correctly. Awork must be shown to receive full credit; use a separate sheet if necessary. If you are an onlinestudent, scan your work and upload.1.A local coffee shop reported that its sales have increased exactly 16% per year for the last 2years. This year's sales were $81,612. What were the coffee shop's sales 2 years ago? Hint:Calculate only one years' sales at a time, (Round each year's sales to the nearest dollar.)Sales 2 years ago2. Richard Dawks, a lawyer, charges Gunderson's Hardware, his client, 25% of what he can collefor Gunderson from customers whose accounts are past due. The attorney also charges, inaddition to the 25%, a flat fee of $50 per customer. This month, Richard collected $8,800 fromfour of Gunderson's past-due customers, What is the total fee due to Richard?Total fee due Richard3. Abby bought four Dunlop tires at a local Goodyear store. The salesperson told her that her mileawould increase by 8%. Before this purchase, Abby was getting 28 mpg. What should her mileabe with the new tires? (Round to the nearest hundredth.)Mileagempg4. If the number of mortgage applications declined by 8% to 1,529,731. What had been theprevious year's number of applications? (Round your answer to the nearest whole number.)Number of applicationsYou have just completed your first year in business. Your records show that you spent thefollowing in advertising:5.Internet $580Radio $640Yellow Pages $750Local flyers$430hat percent of your advertising was spent on the Yellow Pages? (Round to the nearest hundredthercent.)Advertising percent6 At a local coffee shop, a survey showed that out of 1,040 customers eating lunch, 208 ordered cwith their meal. What percent of customers did not order coffee?ercent of customers

Here asked for Multiple question according to guidelines we will solve 1st question for you. If you…

and upload. A local coffee shop reported that its sales have increased exactly 16% per year for the last 2 years. This year's sales were $81,612. What were the coffee shop's sales 2 years ago? Hint: Calculate only one years' sales at a time. (Round each year's sales to the nearest dollar.) 1. Sales 2 years ago

and upload. A local coffee shop reported that its sales have increased exactly 16% per year for the last 2 years. This year's sales were $81,612. What were the coffee shop's sales 2 years ago? Hint: Calculate only one years' sales at a time. (Round each year's sales to the nearest dollar.) 1. Sales 2 years ago

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

See similar textbooks

Similar questions

1. Between 1980 and 1987, the average home price Keene, NH increased from $42,000 to $97,000. a. What is the percent increase (round to the nearest whole number) in the average selling price? b. What is the percent increase for a house that sells for $60,000 and then later for $75,349? c. What is the percent increase for a house that sells for $71,450 and then later for $102,500? d. What is the percent increase for a house that sells for $62,000 and then later for $144,000?
A company monitored the cost of its product inspection for 8 years. The costs were AED 170 per year for the first 4 years, but increased consistently by AED S0 per year the last 4 years. The interest rate was 10% per year. Answer the below questions by matching with the closest answer. v Calculate the total present worth in year-0. A AED-1164.71 Calculate the future worth in year-&. B. AED -1906.63 C. AED-2743.40 D.AED -2496.65 E. AED-722.16 F. AED-875.71
Accounting a company plans to build a new office building in 5 years. How much should they set aside now to accumulate the $2,000,000 cost of the new building if they can invest the funds at on an after tax basis at 5%? At 8%?
They collect rent revenue of $20 sf/yr for WalMart ( 100,000 sf) since it is an anchor store. They charge BestBuy $25sf/yr( 70,000 sf) plus 10% of sales that exceeds $200 sf/yr. Sales in the first year of BestBuy is expected to be $160 sq/ft and growing at 6% per year. The boutique store( 30,000 sf) is charged $23 sf/yr plus 10% for sales that exceeds $100 sf/yr. Sales for the boutique store in year 1 is $105 sf/yr and is expected to grow at 4% per year. Calculate the gross potential rental revenue for these three tenants. Thank you.
I got an answer of $19,376.70. I want to see if that is the correct answer or if I made a mistake. Thank you.
Last year, Garrison Manufacturing sold 500 000 units at $4 each. Sales volume is expected to increase by 15% in the upcoming year, and sales price is expected to decrease by 5% in the upcoming year. The expected sales revenue for the upcoming year is: A. $2 255 000 B. $2 185 000 C. $2 645 000 D. $2 000 000
Help me answer the given question. 4
I need the answer for this in 10 minutes pls
Solve this accounting but not use the excel
A car rental firm is currently renting 8,000 cars per year. How many cars will the firm be renting in 10 years if the demand for car rentals is expected to increase by 7% per year? a. $16,044.88 b. $13,600.00 c. $16,077.29 d. $15,737.21 e. $16,012.78