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Nadya [2.5K]
3 years ago
10

City mission is a not-for-profit organization that provides hot meals, living quarters, and showers for homeless people. based o

n their yearly budget, they expect to spend $450,000 on food expenses, $350,000 on housing expenses, $280,000 on staff salaries, $90,000 on utilities, and $118,000 on other expenses. how much will city mission need to raise in donations?
a.more than $1,562,000

b.less than $1,225,000

c.at least $1,253,000

d.at least $1,288,000
Business
1 answer:
alekssr [168]3 years ago
4 0
Adding all the expenses together ie $450,000+$350,000+$280,000+$90,000+$118,000=$1,288,000 total expenses that they will need to raise (at least) in donations. This is a large sum of money to raise only from donations and by rights a level or various levels of government should help pay for these expenses as no one should go homeless either that or provide low cost homes for the homeless.
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offshoring

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2 years ago
Suppose that Portugal and Switzerland both produce fish and olives. Portugal's opportunity cost of producing a crate of olives i
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Answer:

Portugal has comparative advantage in producing olives.

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Portugal can gain from trade if it receives more than 3 pounds of fish per crate of olives.

Switzerland can gain from trade if it receives more than 1/11 of olives for each pound of fish.

d. 18 pounds of fish per crate of olives.

Explanation:

Switzerland and Portugal both countries can produce Olives and fish. One country has advantage in producing fish while other has advantage in producing olives. Both countries can gain from trade if they find a intermediary way so that both countries can be in win win situation. It is beneficial for Portugal if it trades with Switzerland if it receives more than 3 pounds of fish.

4 0
2 years ago
If the current interest rate is 5% and your semi-annual coupon paying bond has a duration of 5.33 years, how much will the price
Serhud [2]

Answer:

Percentage change in price = -5.33 * 0.00005

Explanation:

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Percentage change in price = -5.33 * ((0.01/2)/100)

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7 0
3 years ago
When does a business make a profit?<br> A business makes a profit when its exceed its .
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when sales revenue exceed costs

Explanation:

8 0
2 years ago
The rule of 70 is a measure of how long it will take for prices to __________ at a given inflation rate.
swat32

Answer:

A. double

Explanation:

Rule 70 is used to calculate the numbers of years it takes for an investment  or variable to double in value given a certain growth rate. In this case, the variable is prices and the growth rate is  inflation  rate. It is calculated by dividing number 70 by inflation rate.

For example;

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And if inflation is 2%, the prices will double in 70/2 = 35 years

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3 years ago
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