1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
sesenic [268]
2 years ago
8

4. The national average utility cost is $270. 48 per month. If the average electric bill is 44. 9% of the total amount and the a

verage utility cost for Orlando, FL is $308. 83, what would be the cost of a typical Orlando electric bill and how would that compare with the national average? a. The typical Orlando electric bill would be $138. 66, which would be $17. 21 more than the national average. B. The typical Orlando electric bill would be $121. 54, which would be $17. 21 less than the national average. C. The typical Orlando electric bill would be $138. 66, which would be $76. 64 more than the national average. D. The typical Orlando electric bill would be $121. 54, which would be $76. 64 less than the national average.
Business
1 answer:
den301095 [7]2 years ago
4 0

The cost of using utilities such as water, heating, electricity, waste disposal, and sewage is known as utility expense. Expenses are incurred throughout the reporting period, computed and accumulated for, or payment is made.

Option A is the correct answer, the average power bill in Orlando is $138. 66, which is $17. 21 higher than the national average.

<h2>Step-by-step explanation:</h2>

44.9&#10;&#10; % \text{of} 270.48 = 0.449(270.48) = 121.45.&#10;

44.9 % \text{ of } 308.83 = 0.449(308.83) = 138.66.&#10;&#10;&#10;

<h3>The cost of the Orlando bill:</h3>

138.66-121.45 = 17.21 higher than the national average.

So, the average Orlando eclectic bill is $138.66. This is $17.21 greater than the average electric bill in the United States.

For more information about the national average, refer below:

brainly.com/question/8212077

You might be interested in
Jennifer's pension plan is an annuity with a guaranteed return of 7% per year (compounded monthly). She can afford to put $300 p
givi [52]

Answer:

She will receive $3,494.95 per month.

Explanation:

Jennifer's pension plan is an example of a sinking fund.

A sinking fund is an account that earns compound interests and into which periodic payments are also made.

The formula for calculating the future value of payments in a sinking fund account is given as:

FV=PMT\frac{(1+\frac{r}{n} )}{\frac{r}{n} } ^{n*t}

where:

FV = Future value

PMT = periodic payment = $300

r = interest rate in decimal = 7% = 0.07

n = compounding period per year = monthly = 12

t = number of years compounded = 40

hence:

FV=300\frac{(1+\frac{0.07}{12} )}{\frac{0.07}{12} } ^{12*40}

300*\frac{(1.005833)^{480}}{0.005833} =300* 2,795.96

∴FV = $838,786.8

Finally, we are asked to calculate the amount she will be paid per month in a 20-year payout period, and this is shown below:

20 years = 12 months × 20 = 240 months

Therefore, amount to be paid in a 240 month period =

future value ÷ total number of months 838,786.8 ÷ 240 = $3,494.95

3 0
4 years ago
The federal budget starts on October 1 of a calendar year and ends on September 30 of the following calendar year. TRUE FALSE
Thepotemich [5.8K]
It's the good ole true 
4 0
3 years ago
Sara Lee Corporation is a large conglomerate of businesses participating in a variety of industries. A few years ago, Sara Lee w
VLD [36.1K]

Answer:

Diverstiture or Selling assets from another division to pay for Bryan Food

Explanation:

Divestiture

This is the process of disposing a company's business unit or assets through bankruptcy, closure, exchange or sale for different purposes.

Reasons for DIvestiture

1. To sell off redundant business units - business units that are not being used or not generating income but are incurring expenses can be sold off to get some gains.

2. To generate funds - Selling a business unit for cash is a source of income. This is the choice or last resort of Sara Lee to acquire Bryan Foods

3. To ensure business survival or stability- Can be an option to declaring complete bankruptcy or closing off business completely

4. To increase resale value- Selling individual unit assets of a business is more profitable than selling the organisation assets en-mass or as a whole piece

Sara Lee Corporation and Bryan Foods

Sara Lee already has a variety of industries, apparently from these variety there are those ones that after much consideration could be redundant units or a not generating as much income or profit as expected.

Because Bryan Foods represents 'a tremedous' opportunity, with the potential to make Sara Lee more successful, the last resort is to pick assets or business units in Sara Lee that may be redundant or potentially generate less than Bryan Foods will and sell them in order to acquire Bryan Foods.

This is the last resort for Sara Lee.

4 0
4 years ago
In January 2020, the management of Sheridan Company concludes that it has sufficient cash to permit some short-term investments
Nikolay [14]

Answer:

December 31, 2020, fair value adjustment

Dr Investment in Muninger stocks 333

    Cr Unrealized gain - Investment in Muninger stocks 333

December 31, 2020, fair value adjustment

Dr Unrealized loss - Investment in Tatman stocks 700

    Cr Investment in Tatman stocks 700

Explanation:

Feb. 1 Purchased 500 shares of Muninger common stock for $27,500.

Dr Investment in Muninger stocks 27,500

    Cr Cash 27,500

Mar. 1 Purchased 700 shares of Tatman common stock for $17,500.

Dr Investment in Tatman stocks 17,500

    Cr Cash 17,500

Apr. 1 Purchased 40 $1,050, 6% Yoakem bonds for $42,000. Interest is payable semiannually on April 1 and October 1.

Dr Investment in Yoakem bonds 42,000

    Cr Cash 42,000

July 1 Received a cash dividend of $0.50 per share on the Muninger common stock.

Dr Cash 250

    Cr Dividend revenue 250

Aug. 1 Sold 167 shares of Muninger common stock at $65 per share.

Dr Cash 10,855

    Cr Investment in Muninger stocks 9,185

    Cr Gain on sale 1,670

Sept. 1 Received a $1 per share cash dividend on the Tatman common stock.

Dr Cash 700

    Cr Dividend revenue 700

Oct. 1 Received the semiannual interest on the Yoakem bonds.

Dr Cash 1,260

    Cr Interest revenue 1,260

Oct. 1 Sold the Yoakem bonds for $41,000.

Dr Cash 41,000

Dr Loss on sale 1,000

    Cr Investment in Yoakem bonds 42,000

At December 31, the fair value of the Muninger common stock was $56 per share. The fair value of the Tatman common stock was $24 per share.

3 0
3 years ago
Read 2 more answers
Export taxes a. may be used when the shipped goods are minerals in short supply, or when the product has been heavily subsidized
coldgirl [10]

Answer:

a. may be used when the shipped goods are minerals in short supply, or when the product has been heavily subsidized by the government.

Explanation:

Export taxes, may be used when the shipped goods are minerals in short supply, or when the product has been heavily subsidized by the government.

4 0
3 years ago
Read 2 more answers
Other questions:
  • What were the main reasons grange decided to leave school in order to start his own team?
    8·1 answer
  • Essay of circular flow
    8·1 answer
  • The market value of​ Fords' equity, preferred​ stock, and debt are $ 7 ​billion, $ 2 ​billion, and $ 13 ​billion, respectively.
    6·1 answer
  • Elvin, a manager at Humble Bee Cereals, is faced with the problem of declining sales. After a thorough examination of the situat
    6·1 answer
  • Presented here are long-term liability items for Metlock, Inc. at December 31, 2017.
    8·1 answer
  • The operating income and the amount of invested assets in each division of Conley Industries are as follows: Operating income In
    5·1 answer
  • PLEASE HELLPP!!!!’Hurrryyyy
    8·1 answer
  • You have been asked to assist Emerald City in its response to increasing flooding. The National Weather Service (NWS) reports it
    7·1 answer
  • 1.____What auto car insurance is required by IL?
    5·2 answers
  • If there are important external benefits associated with the consumption of a product:_______.
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!