Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Feb 15, 2024

In January 2017, gas was selling for $2.05 a gallon. This was $1.20 cheaper than a year before. What was the percent decrease?

Step by Step Solution

★★★★★

3.40 Rating (147 Votes )

There are 3 Steps involved in it

Step: 1

To calculate the percent decrease in the price of gas we first need to ... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Introductory Financial Accounting for Business

Authors: Thomas Edmonds, Christopher Edmonds

1st edition

1260299449, 978-1260299441

More Books

Students also viewed these Finance questions

Question

★★★★★

Read the case study "Southwest Airlines," found in Part 2 of your textbook. Review the "Guide to Case Analysis" found on pp. CA1 - CA11 of your textbook. (This guide follows the last case in the...

Answered: 1 week ago

Question

★★★★★

Managing Scope Changes Case Study Scope changes on a project can occur regardless of how well the project is planned or executed. Scope changes can be the result of something that was omitted during...

Answered: 1 week ago

Question

★★★★★

The following additional information is available for the Dr. Ivan and Irene Incisor family from Chapters 1-5. Ivan's grandfather died and left a portfolio of municipal bonds. In 2012, they pay Ivan...

Answered: 1 week ago

Question

★★★★★

(7b-4c-1)-2 (2b3c-2)5 Simplify.

Answered: 1 week ago

Question

★★★★★

Consider the difference equation yn = yn-1 - 3/2, y0 = 10. (a) Generate y1, y2, y3 from the difference equation. (b) Solve the difference equation. (c) Use the solution in part (b) to obtain y6?

Answered: 1 week ago

Question

★★★★★

Suppose small aircraft arrive at a certain airport according to a Poisson process with rate = 8 per hour, so that the number of arrivals during a time period of t hours is a Poisson rv with...

Answered: 1 week ago

Question

★★★★★

An occupational hygienist believes that a two-hour training session on proper hand washing will improve time spent on hand washing. Based on a random sample of 25 high school students who had...

Answered: 1 week ago

Question

★★★★★

Zoso is a rental car company that is trying to determine whether to add 25 cars to its fleet. The company fully depreciates all its rental cars over five years using the straight-line method. The new...

Answered: 1 week ago

Question

★★★★★

A very peculiar project with a 73-year life requires an immediate investment of -$963,000 and will generate a cash flow of $1,000 in year 1; $2,000 in year 2; and so on, with the cash flow increasing...

Answered: 1 week ago

Question

★★★★★

Just write the answers please Penny, Inc. employs information about the July activities: a process costing system. Direct materials are added at the beginning of the process. Here is On July 1:...

Answered: 1 week ago

Question

★★★★★

Differentiate the function. r(z) = 2-8 - 21/2 r'(z) =

Answered: 1 week ago

Question

★★★★★

on list K Find the angle between v and w. v=-3i+2j, w=3i+9j estion 14 The angle between v and w is . (Do not round until the final answer. Then round to the nearest tenth as needed.) uestion 15...

Answered: 1 week ago

Question

★★★★★

1- List five things a good CGL should have. 2- List 3 state in the United States to open LLC and state why. 2. According to your textbook, 1- List and explain the qualities to look for when choosing...

Answered: 1 week ago

Question

★★★★★

Fill in the name and empirical formula of each ionic compound that could be formed from the ions in this table: Some ionic compounds cation anion empirical formula Cs ci Cs Cs + Br I name of compound...

Answered: 1 week ago

Question

★★★★★

(a) Determine the research question you are exploring from the theme or concept of sustainability. (b) Write the research question (only one question). (c) Identify the relevant 5 academic journal...

Answered: 1 week ago

Question

★★★★★

Lamar has the following data: Selling price $ 40 Variable manufacturing cost $ 22 Fixed manufacturing cost $ 153,000 per month Variable selling & administrative costs $ 6 Fixed selling &...

Answered: 1 week ago

Question

★★★★★

Calculate the Lagrange polynomial P 2 (x) for the values (1.00) = 1.0000, (1.02) = 0.9888, (1.04) = 0.9784 of the gamma function [(24) in App. A3.1] and from it approximations of (1.01) and (1.03).

Answered: 1 week ago

Question

★★★★★

Dan Watson started a small merchandising business in Year 1. The business experienced the following events during its first year of operation. Assume that Watson uses the perpetual inventory system....

Answered: 1 week ago

Question

★★★★★

The beginning account balances for Terrys Auto Shop as of January 1, Year 2, follow: Account Titles Beginning Balances Cash...

Answered: 1 week ago

Question

★★★★★

The following information was taken from the accounts of Adamss Eatery, a delicatessen, at December 31, Year 1. The accounts are listed in alphabetical order, and each has a normal balance. Accounts...

Answered: 1 week ago

Question

★★★★★

Look again at the histogram of the pizza prices in Exercise 29. a) Is the mean closer to $2.40, $2.60, or $2.80? Why? b) Is the standard deviation closer to $0.15, $0.50, or $1.00? Explain.

Answered: 1 week ago

Question

★★★★★

Exercise 33 looked at the running times of movies released in 2010. The standard deviation of these running times is 16.6 minutes, and the quartiles are Q1 = 98 minutes and Q3 = 116 minutes. a) Write...

Answered: 1 week ago

Question

★★★★★

Exercise 34 looked at distances PG golfers can hit the ball. The standard deviation of these average drive distances is 11.2 yards, and the quartiles are Q1 = 282.5 yards and Q3 = 295.6 yards. a)...

Answered: 1 week ago

Previous Question Next Question