According+to+a+certain+central+bank+from+2000+to+2016+the+average+price+of+a+new+home+in+a+certain+region+increased+by+%+to+$+thousand.+what+was+the+average+price+of+a+new+home+in+2000?

Answers

Answer 1

Solution:

Let the price of a new home in 2000 be P

Price of a new home in 2016 after a 68% increase = $575

Therefore, according to the numerical,

P + 68% of P = 575

Or, P + 0.68P = 575

Or, 1.68P = 575

Or, P = 575/1.68

Or, P = 342.26

Therefore, the average price of a new home in 2000 = $342.26.

Average existing single-family home prices were $150,900 in the first quarter of 2002, up 2% from the fourth quarter of 2001, up 8% from the same quarter a year ago and from the second quarter of last year, By 1999 it was almost $350,000. they said in their report. Median home prices rose 6.1% between the first and second quarters of 1999 to about $20,000.

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Related Questions

The best method for reducing the agency problem for a large public corporation is?

Answers

For a major public firm, utilizing stock-based compensation is the best way to lessen the agency problem.

Ideally, the manager's compensation should be based on the company's overall performance. If a manager also has a stake in the organization, then they must avoid the conflicts of interest that come with principal-agent relationships. As a result, the ideal way to solve the agency problem should be to adopt stock-based compensation.

A method of paying employees, executives, and directors of a firm with equity in the business is stock-based compensation, also known as share-based compensation or equity compensation. In order to inspire employees beyond their ordinary cash-based remuneration (salary and bonus), as well as to match their interests with those of the company's shareholders, this method is frequently adopted. Employee stock awards typically require a vesting period before the shares can be considered earned and sold.

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Promotions that encourgae the intemperate consumption of alcohol should be ____________ by management

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Promotions that promote excessive alcohol intake should be banned by management.

Management (or managing) is the process of running a company, nonprofit, or governmental entity. It is the science and art of managing a company's resources.

Setting an organization's strategy and managing employee (or volunteer) efforts to achieve goals through the use of resources such as financial, natural, technological, and human resources are all included in management. The terms "run the business" and "change the business" are used in management to demarcate between the continual delivery of goods or services and the adaptation of goods or services to meet the changing needs of customers. Additionally, supervisors who are in charge of directing an organization are referred to as "management."

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Sho needs to purchase a dress shirt for an upcoming job interview. He shops at kohl’s and sees that he can choose from different brands, including apt. 9, chaps, arrow, croft & barrow, and many more. The dress shirts come in a variety of colors, materials, and price points. Which type of competitor structure is illustrated?.

Answers

Monopolistic competition competitor structure is illustrated in the given situation .

What is meant by monopolistic competition?

Monopolistic competition occurs  when a firm with many potential competitors tries  to discover a marketing strategy to differentiate its product. the manufacturers of the dress shirts dividing  them by style and color, materials, and price.

Is monopolistic market good for consumers?

Monopolies are generally considered to be poor  for consumers and thereafter  the economy. When markets are over ruled  by a minute  number of big players, there is a danger that these players can misuse  their power to increase prices to customers.

What is a major feature of monopolistic competition?

An important feature of monopolistic competition is that firms incur a considerable expenditure on advertisements and other selling costs to advertise  the sales of their products. Promoting sales of their products through advertisement is a important  instance  of non-price competition.

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Dave borrowed $ from his uncle with simple interest of nd eventually repaid $ (principal and interest). what was the time period of the loan?

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The straightforward interest calculation makes figuring out how much interest will be applied to a loan quick and uncomplicated.

Multiply the principle, the number of days between payments, and the daily interest rate to get simple interest.

Finance charge = Interest + Other costs

$50 + 5 = $55

Annual finance charge = Interest + Other costs

APR = Annual finance charge / Principal borrowed

Using the straightforward interest formula, it is simple and quick to determine how much interest will be applied to a loan. To compute simple interest, multiply the principle, the number of days between payments, and the daily interest rate.

Where Simple Interest=P*I*N

P=Principal

daily interest rate = I

Days between payments equal = N.

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Question - Dave borrowed $500 for one year and paid $50 in interest. The bank charged him a $5 service charge. What is the finance charge on this loan?

If a shortage exists in the cantaloupe market, then the current price must be than the equilibrium price. For the market to reach equilibrium, you would expect.

Answers

If a shortage exists in the cantaloupe market, then the current price must be lower than the equilibrium price. For the market to reach equilibrium, you would expect buyers to offer higher prices.

Cantaloupe contains Vitamin K and E which help in keeping the skin healthy and radiant. They are also a good source of Vitamin B, choline, and betaine to help keep the skin replenished and rejuvenated. Due to the high content of vitamins A and C, cantaloupes encourage skin regeneration and the formation of collagen.

They both share similar nutritional benefits except for vitamin C and beta-carotene. Cantaloupe contains twice the amount of vitamin C as does honeydew, 61% DV versus 30% DV in honeydew. In vitamin A, Cantaloupe wins again with 68% DV compared to 1% DV in honeydew.

Cantaloupe's anti-aging secret is carotenoids, which allow vitamin A to be formed. Vitamin A maintains cellular health and protects skin from oxidative stress. Oxidation accelerates the internal aging process and manifests itself externally as WRINKLES.

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According to the marketing research association (mra) guidelines for internet marketing research issues, market researchers are prohibited from?

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Market researchers are not allowed to "deanonymize data", under the marketing research association's (mra) standards for online marketing research concerns.

What is deanonymize data
De-anonymization
is a data mining technique that re-identifies the anonymous data source by comparing it to other data sources.
De-anonymization can make advantage of any information that separates one data source from another. De-anonymization is an idea that has been around for a while, but it really gained notoriety in 2006 when Arvind Narayanan and Vitaly Shmatikov participated in a Netflix competition. Narayanan and Shmatikov successfully identified Netflix data for a number of particular individuals using their de-anonymization methods on a data set containing the anonymous movie ratings of 500,000 subscribers. De-anonymization requires data that is plentiful, granular, and largely constant over time and context, according to Narayanan and Shmatik.

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If+output+grows+by+43.2%+over+14+years,+what+is+the+annualized+(or+annual)+growth+rate?+write+the+answer+in+percent+terms+with+up+to+two+decimals+(e.g.,+10.22+for+10.22%,+or+2.33+for+2.33%).

Answers

The rate of return (RoR) needed for an investment to increase from its starting balance to its ending balance, providing profits were reinvested at the conclusion of each period of the investment's life span, is known as the compound annual growth rate (CAGR).

To determine an investment's CAGR:

Divide the investment's worth at the end of the time by the value it had at the start of the period.The result should be multiplied by one and divided by the number of years.The outcome is then reduced by one.To convert the response into a percentage, multiply by 100.

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The heat treatment department at northern pipe is the third department in a sequential process. the work in process account for the department would consist of?

Answers

Costs from previous departments were shifted, materials costs were increased, and conversion costs were raised in the Heat Treatment Department.

What is Organizational structure?
No of their size, all businesses require an organizational structure in order to function effectively. Businesses without a defined organizational structure have trouble putting corporate policies into practice and maintaining high levels of productivity. Certain divisions are crucial to the foundational functions of any business, whether it be manufacturing or selling. The majority of these positions might initially be filled by you as the owner of a small business. You should assign tasks to your employees as your business expands.

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The actual cost of the work performed to date is $40k. what is the bcwp for the project?

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The actual cost of the work performed to date is $40k. $5.01k - $10k is the bcwp for the project.

BCWS = Budgeted cost * planned completion

Therefore, BCWS of activity C = 12,000 * 70%

BCWS of Activity C = $8400

It lies between $5.01k - $10k.

BCWP is an acronym for Budgeted Cost of Work Performed. BCWP establishes how a whole lot of the venture price range ought to had been spent primarily based totally on the paintings finished thus far permitting a Project Manager to examine it to what has in reality been spent.

The BCWP (budgeted fee of labor performed) fields comprise the cumulative fee of the tasks, resources, or assignments' percentage whole accelerated through the timephased baseline costs. BCWP is calculated as much as the reputation date or modern-day date. This statistic is likewise referred to as earned fee.

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how to do note 3 of financial statement​

Answers

Answer:

Notes to financial statements reveal the specific assumptions that accountants make when compiling a company's income statement, balance sheet, statement of changes in financial position, or statement of retained profits.

Explanation:

If the price is $25 per bottle, how many bottles of sunscreen are demanded and supplied in equilibrium?

Answers

At the price of $25 the demand in the market is 2400 and the supply is 7400, and there is an excess surplus of 5000 goods, this will put a downward force on the price of the good.

In economics, demand is the quantity of a great that clients are willing and able to buy at numerous expenses all through a given time. The relationship between fee and amount demand is also referred to as the call for the curve.

The demand for an awesome will increase or decreases relying on numerous elements. This consists of the product's rate, perceived best, advertising spend, client earnings, patron confidence, and adjustments in flavor and fashion.

The increase in demand causes the excess calls to increase at the initial rate. An extra demand will cause the rate to upward thrust, and as price rises manufacturers are inclined to promote extra, thereby increasing output.

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Presenting the results of your analysis--data visualization--is an important part of analytics.

Answers

It is True that data visualization plays a significant role in analytics by

presenting the findings of the analysis.

What does "Data visualization" mean?

Data visualization is an important step because it enables you to present your data analysis findings in a distinctive manner that is not only more visually appealing but also much easier to understand.

Data visualization is the process of displaying data using common graphics like infographics, charts, and even animations.

These educational visualizations make it easy to understand complex data relationships and data-driven concepts.

Data visualization helps us identify emerging trends so that we can quickly take action based on what we see.

Such patterns make more sense when graphically represented because visuals and diagrams make it easier for us to recognize strongly associated characteristics.

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The average cost of gas in major cities is as follows. the average cost of gas in the us large cities is 2.38 . this a good estimate for the average cost of gas in the us?

Answers

The average cost of gas in the US is $3.716

How is the price of gas determined?The price of gasoline is made up of four factors: taxes, distribution and marketing, the cost of refining, and crude oil prices.

Of these four factors, the price of crude oil accounts for nearly 70% of the price you pay at the pump, so when they fluctuate (as they often do), we see the effects.

The costs associated with refining crude into gasoline and other fuels, delivering it to stations by pipeline and truck, and marketing it makes up the remaining factors that affect gas prices.

The profits that refiners make when converting barrels of oil into barrels of gasoline are included in this category of expenses, and these profits are currently skyrocketing.

Due to the pandemic's drop in fuel demand, some refineries had to close; however, now that demand is high, those that did remain will enjoy higher profit margins.

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When amounts of a transactions are entered in an account on the right hand side, they are said to be:_________

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When amounts of a transactions are entered in an account on the right hand side, they are said to be Left hand side is called the debit side while the right hand side is called the credit side.

A transaction is a commercial occurrence that results in a monetary impact on the financial statements of an entity and is noted as an entry in the accounting records of that entity. Here are some examples of transactions: paying a supplier for goods or services received

An executed contract between a buyer and a seller to exchange goods, services, or financial assets in exchange for money is known as a transaction. The phrase is also frequently used in business accounting. This straightforward definition can be challenging in business bookkeeping.

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Explain the project planning steps​

Answers

Set goals

Prioritize tasks

Create a schedule

Communicate.

Joshua works for a small firm. his main job is to understand and interpret the needs and wants of large groups of customers. what role is he working in?

Answers

Joshua works for a small firm. His main job is to understand and interpret the needs and wants of a  large groups of customers.The role is he working in is Market research.

Market research:

Marketing research serves marketing management by giving information which is relevant to decision making. Marketing research neither  itself make the decisions, nor does it guarantee success. Rather, marketing research helps to decrease  the uncertainty surrounding of  the decisions to be made.

What is the advantage  of market research?

Conducting market research permits you to appeal more specifically to your customers' needs  and preferences. It's a win-win situation  for your customers and your business. One of the most important  ways to be customer-centric in your market research is by forming  a segmentation-targeting-positioning model.

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An automobile company decides to improve the quality of its products and bring more variety into its entire product line. The company has decided to adopt ________.

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An automobile business enterprise comes to a decision to enhance the excellence of its merchandise and bring more range into its entire product line. The employer has decided to adopt: industry-wide differentiation.

A vehicle is a motor automobile this is designed or adapted specifically to hold people on highways and streets and has a seating ability of no longer greater than the driver and eight passengers. both terms, automobile, and automobile are associated with car enterprise. the vehicle is a noun that normally refers to a 4-wheeled automobile car designed for passenger transportation whereas the automobile is an adjective relating to motor vehicles. this is the principal distinction between vehicles and automobiles.

The industry's main products are passenger vehicles and mild trucks, along with pickups, vans, and recreation software motors. business vehicles (i.e., shipping vehicles and big shipping vans, frequently referred to as semis), even though critical to the industry, are secondary.

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All interest groups can be neatly categorized as economic interest groups or public interest groups.
a. true
b. false

Answers

False to say all interest groups can be neatly categorized as economic interest groups or public interest groups, because Interest group consist of other groups too .

What is meant Interest group ?

Interest groups, also known as special interest groups, advocacy groups, or pressure groups, are associations of people or organizations that are typically formally constituted and that aim to sway public policy in their favor based on one or more shared concerns. All interest groups share the desire to influence governmental policy in order to advance their causes or themselves. Their objective may be a policy that only benefits a specific set of people or a particular sector of society (such as government subsidies for farmers) or a policy that furthers a larger societal goal (e.g., improving air quality). By exerting pressure on decision-makers to change policy outcomes in their favor, they try to lobby in order to achieve their goals.

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An increase in the demand for peanut butter, a normal good, can be caused by a(n):__________

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An increase in the demand for peanut butter, a normal good, can be caused by the following,

An increase in the consumer incomes (if peanut butter is a normal good)An increase in expected future price of the good (peanut butter)An increase in number of buyers in market.

What is meant by demand?

In marketplace,demand is the desire of consumers to buy (get) goods and services and the readiness for the same at a given time.

Other factors are taken to be constant here and the changes in price of any specific good or service can decrease or increase the demand (quantity).

There are various factors affecting the demand of products. This includes future expectations of the of products and the changes happening in the consumer earnings, preferences, product price and the consumers in marketplace.

The law of demand suggests that decreasing product prices will cause quantity demand to increase, and vice versa.

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Using the same quiz format, steps required to answer questions, and submission deadlines for both pars and kcs are examples of which of the eight golden rules for hci design?.

Answers

Examples of the eight golden standards for hci design's Strive for consistency include using the same quiz structure, procedures needed to answer questions, and submission dates for both pars and kcs.

In interface design, every component, theme, animation, and action should stay consistent throughout the experience. The user will probably be perplexed, for instance, if the interface alters the button's color and Strive for consistency font while the user is using it. The concept of consistency extends beyond a single application. For instance, websites frequently share basic elements like the corporate logo in the upper left corner and the top menu. These patterns have emerged through time, been described by usability professionals, and incorporated by designers into common practice.

Between pages of one application or between still-related applications, Strive for consistency is required. The key is that authorized users, including the majority of inexperienced users, can still view sites that are seen as still being in dialogue or as still having a connection to the program in use. Users won't be afraid to switch applications as a result of feeling at ease with the application.

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The question was incomplete. Check below the full question.

Using the same quiz format, steps required to answer questions, and submission deadlines are examples of which of the Eight Golden Rules for HCI Design?

a. Supporting internal locus of control

b. Offering informative feedback

c. Strive for consistency

d. Reducing short-term memory load

How does the estimate of the mean response used in the calculation of the confidence interval for the mean response compare to the predicted value used in the calculation of the prediction interval for an individual response? when you answer this question assume that the same estimated model is used in both cases and the same value of the explanatory variable is used to calculate the prediction interval and the confidence interval.

Answers

The estimate of the mean response used in the calculation of the confidence interval for the mean response is exactly that same as the predicted value for an individual response.

A given value for the independent variable, along with the regression parameters, are used to determine the mean response and individual response in a linear regression. These two replies have identical values but have different computed variances. A notion, idea, or quantity that is being measured in statistics is referred to as a mean response, also known as a mean response. On an unrelated factor, it depends. The mean response will (or will not) vary depending on other parameters, commonly stated in the form of a question. When a confidence interval is studied around an OLS estimate, such the average hourly wage, it is called a mean response.

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You are interviewing for an internship with an investment firm. They ask you to come up with the price to charge on a security that makes growing annual payments for 10 years. The first payment is one year from today in the amount of $100 and it grows at 2% per year. The investment firm thinks potential investors have a required return of 9% per year. What is the highest price investors would be willing to pay for this security?.

Answers

You are interviewing for an internship with an investment firm. They ask you to come up with the price to charge on a security that makes growing annual payments for 10 years. The first payment is one year from today in the amount of $100 and it grows at 2% per year. The investment firm thinks potential investors have a required return of 9% per year. Growing annual payments for 10 years is the highest price investors would be willing to pay for this security.

My expectations involve having the ability to find out the way to identify business problems, the way to choose investment strategies to handle these issues, and the way to plan and execute the tactics needed to attain these goals.

A chance to talk with former interns from that company to induce their perspective on the internship experience. I would make your investment work much easier. I've got lots of skills that may make me stand out. I'd like you to grant me a chance to let my work represent myself.

And because I pick-up new technologies quickly, I do know I'd be ready to step into my internship investment and make an effect. And, that is what I actually want to try to do in an internship. I would like to create a bearing on my team and supply real value.

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Within the relevant range, a cost that changes in direct proportion to changes in the activity level is a ______ cost.

Answers

variable cost, answer

Jill and kelly are architects and members of jill & kelly, p.c., a professional corporation. jill supervises lucy, an employee of the firm. as a member, jill?

Answers

may be personally liable for malpractice committed by Lucy.

An architect is a professional whose job is to plan and design building designs. They are highly trained in art and design and generally play a key role in a construction, being a leader to other workers.

In addition, because they are responsible for the safety of building occupants, an architect must have a professional license. Architects are associated with art because they have to make building structures that look unique and have an aesthetic element.

However, more than that, architects are also related to engineering because they must pay attention to the functional, security, safety, and welfare elements of the building. The building in question can be in the form of houses, apartments, buildings, even city parks.

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Every afternoon at one o'clock, the air conditioner in emilio's office turns on to lower the temperature by five degrees. emilio finds it way too cold and it distracts him from his work. in this case, which element is affecting his perception and emotions? question 3 options: culture personality physical environment social media

Answers

Every afternoon at one o'clock, the air conditioner in Emilio's office turns on to lower the temperature by five degrees. Emilio finds it way too cold and it distracts him from his work.

In this case, physical environment is the element that is affecting his perception and emotions.

What do you understand by physical environment?

The physical environment has been defined as the geographic area and factors around us that influence what food is available to people and how food is obtained.These factors include the built environment (man-made infrastructure such as roads and buildings that make up neighborhoods). and transport networks), distance to grocery stores (whether walking distance or other transport required), proximity to fast food restaurants and food available at home to name a few. The physical environment is often examined in terms of whether it supports or hinders healthy eating and food security. For example, some research suggests that lower-income neighborhoods and near senior living facilities tend to have fewer large chain grocery stores and more fast-food restaurants compared to higher-income neighborhoods and suburban areas.

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Answer: is physical environment.

Explanation:

1. what are the basic revenue models for online content and what is their major challenge?

Answers

For content delivery, there are three main income models: subscription, a la carte, and advertising supported.

The main issue that the revenue models confront is that consumers are reluctant to pay for internet information because they anticipate that much of it will be presented for free.

What are Revenue Models?

A revenue model is a structure for producing money. The value to be provided, how to price the value, and who will be paying for the value are all determined.

It is an important part of a business model. It essentially outlines what goods or services will be developed in order to make money, as well as how they will be sold.

New businesses are more likely to struggle as a result of costs they won't be able to cover if they don't have a clear and well-defined revenue model, or, in other words, a clear plan of how to produce revenues.

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The arithmetic association relationship between a college student and college courses would be expressed as?

Answers

The arithmetic association relationship between a college student and

College courses would be expressed as 1 0..*

What is relational algebra?

Relational algebra is a theory used in database theory that models data and defines queries on it using algebraic structures with sound semantics. Edgar F. Codd developed the theory.

Relational algebra is primarily used to provide a theoretical framework for relational databases, especially query languages for such databases, the most popular of which is SQL.

Tabular data represented as relations are stored in relational databases.

Tabular data represented as relations are frequently returned by queries over relational databases.

Relational algebra's main objective is to define the operators that convert one or more input relations into an output relation.

These operators can be combined and used to express potentially complex queries because they accept relations as input and produce relations as output.

Unary operators accept a single relation as input; examples include those that filter specific attributes (columns) or tuples (rows) from the relation.

Two relations are accepted as inputs by binary operators, which combine the two relations into a single output relation by, among other things, taking all tuples found in either relation, removing tuples from the first relation found in the second relation, extending the tuples of the first relation with tuples in the second relation meeting certain conditions, and so on.

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Randy has established a successful fast-food restaurant chain named randy’s in the united states. He currently has 12 locations across three states. He’d like to expand his brand to asia, but does not have the capital to do so. He’s also wary of the risk of failure, especially because he is not very familiar with business in asia. If you were consulting randy, what route would you advise against?.

Answers

The first thing to do is to consult an economist regarding what steps he should take. then after getting the answer, he can make his own decision, if he wants to take a high level of risk but the return, he gets is also high, then he can borrow money in the bank for capital. but if he doesn't dare to take the risk then he can invest the money he has.

Business risk or also called business risk is the impact or consequence that will be received during the course of a business activity. This has a direct or indirect impact on the decrease in the number of profits, as well as the finances of a company.

Even so, the majority of entrepreneurs will always anticipate the worst possibility that occurs from a business activity. Making the right decisions and having a mature strategy can reduce business risks that may occur in a business activity. Business owners sometimes do have to take the 'worst' risks available to get bigger profits, compared to taking no risks at all which can actually make the business stagnate or 'stuck'.

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What is one example of a planned economy?

Answers

The former Soviet Union was an example of a command economy. Also called a centrally planned economy.

In a competitive​ market, firms can dictate what the equilibrium price of a good or a service will be. True or false?.

Answers

In a competitive market, companies can dictate what the equilibrium price of a good or service is a false statement.

The sentence above is false, because competitive firm is a price taker, which means that it must accept the equilibrium price at which it sells goods.

Market equilibrium occurs when the quantity demanded is equal to the quantity supplied. In a curve, it represents the point of intersection between the demand curve and the supply curve.

At the point of equilibrium, the market determines prices and quantities for consumers and producers. Consumers and producers agree on price and quantity. At that point, consumers acquire the quantity of the good at the price they are willing and able to pay. And manufacturers offer quantity at a price they are willing and able to accept.

When the market reaches equilibrium, there is no tendency to change. If there is a disequilibrium, the market mechanism will move supply and demand towards a new equilibrium.

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Other Questions
Membrance glycoproteins and glycolipids that enable cellls to recognize potentially dangerous foreign cells serve as? Select the correct answer form each drop-down menu.Given: m/WOZ = 90Prove: m/WOX = 90XWNComplete the proof.Suppose m/WOX # 90. By theZWOXis supplementary to ZWOZ. Therefore,m/WOX + m/WOZ = 180. By the assumption and the substitution property of equality. 90 +m/WOZ 180. Using thesubtraction property of equality, the measure of angle WOZ90, which contradicts the given. Therefore, theassumption is not true, and m/WOX = 90.4ResetNext. Answer? Consider a sealed 1 litre container which holds room air at standard atmospheric pressure. if the container is compressed to a volume of 0.5 litres, what would be the partial pressure of oxygen (po2)? 1) Choose the best answer.Which most describes the setting?in a tent on an Indian reservation during the Revolutionary Warin a crude log hut of the Union Army camp during the Civil Warin a World War I camp in Europe waiting to fight the Germansat home in a frontier cabin waiting for a Civil War battle What impact did trade & technology have on Africa -easy answer- How far from the heavy end of a 68.0-cm long bat would its center of gravity be if its is at one-fourth of the length of the bat? Determine whether the quadrilateral can always, sometimes, or never be inscribed in a circle. Explain your reasoning.kite LCM of 21, 56I really need help its due today Which of the following statements best describes why most animal fats are formed from saturated fatty acids?The hydrocarbon chains of saturated fatty acids are straight so they can be tightly packed to store more energy in less space.The hydrocarbon chains of saturated fat cannot pack together closely, which keeps the animal from becoming too large.The hydrocarbon chains of saturated fatty acids allow fewer hydrogen atoms to bond, which makes the molecule stable for energy storage.The hydrocarbon chains of saturated fatty acids have bends so they can be loosely packed to store more energy in less space. converting grams and moles 45.5mg C6H6 Write the function rule for each function reflected in the given axis. f(x)=4+x ; x -axis Sixty-one percent of employees make judgements about their co-workers based on the cleanliness of their desk. You randomly select 8 employees and ask them if they judge co-workers based on this criterion. The random variable is the number of employees who judge their co-workers by cleanliness. Which outcomes of this binomial distribution would be considered unusual? Karen is planning a graduation party for the senior class. She plans to rent a meeting room at the convention center that costs 400 . There is an additional fee of 5.50 for each person who attends the party.c. There are 285 people in Karen's class. If 2/3 of these people attend, how much will the party cost? Central planning often suffers from a coordination problem and an incentive problem.TrueFalse HELP WITH NUMBER 5 FOR 20 POINTS 5 more than one eighth of a number equals 13 A plane climbs from an altitude of 6000 ft to a cruising altitude of 39,000 ft. The plane ascends at a rate of 6600 ft/min. How long will it take to reach cruising altitude? QUESTION TWO (30 MARKS) The accountant of Richfield Pty Ltd did not provide for the depreciation on non-current assets in the current financial year. He approached you to assist her in calculating the depreciation and with the disclosure of property, plant and equipment in the financial statements for the year ended 30 June 2018. The following balances were extracted from the records of Richfield Pty Ltd on 30 June 2018 Machinery at cost R660 000Accumulated depreciation on machinery R131 250 Vehicles at cost R360 000 Accumulated depreciation on vehicles R21 600 Equipment at cost R480 000 Accumulated depreciation on equipment R70 000 Additional information.1. A manufacturing machine was purchased on 31 July 2016 at a cost of R660 000. The estimated production capacity of the machine is 180 000 units over the useful life of the machine. The estimated residual value at the end of its useful life is R30 000. During the financial year, 42 000 units (2017: 37 500 units) were manufactured by the machine. 2. Depreciation on vehicles is provided at 30% per annum on the carrying amount method. A new vehicle with a cost of R216 000 was purchased on 31 August 2017 and correctly recorded. The other vehicles were purchased on 1 January 2017. 3. Equipment with an estimated economic useful life of six years was depreciated using straight-line method. New equipment with a cost of R120 000 was purchased on 1 April 2018 and is included in the balance on 30 June 2018. The other equipment was purchased on 1 May 2016. REQUIRED: Disclose property, plant and equipment on the statement of financial position and in the notes to the financial statements of Richfield Pty Ltd on 30 What was the Radical Reconstruction plan? What did they want? Why did they want it? What did they get out of it? Write in simplest form.x = 686Due today