I don’t understand how to do this .. it’s for career choices help

Now that you are successful in your new position, you have decided to reward yourself with a new (or new to you) vehicle. Source

Serhud [2]

Answer:

Range is : (0, 0.1x)

Explanation:

Problem has no information about amount of salary, so I will just use 'x' and 'y'.

Problem says that vehicle payment should be no more than 10% of gross monthly salary. This means that vehicle payment (Y) equals to 0.1 (10%) multiplied by gross monthly salary, which is stated as 'X'.

From this y = 0.1 X;

Next, if we want to identify range of payments: (0; 0.1X).

This means that any amount of money between 0 and 0.1X is acceptable.

5 0

3 years ago

Read 2 more answers

Sheffield Corp. was organized on January 1, 2021. During its first year, the corporation issued 2,500 shares of $50 par value pr

adelina 88 [10]

Answer:

Preferred stock Dividend Common stock dividend

2021 $5500 $0

2022 $6250 $6050

2021 $6250 $20950

Explanation:

Th dividends are distributed by the firm from he Net Income and are first paid to the preferred stockholders. The dividends paid to preferred stockholders remain constant and any dividend available after paying the preferred stockholders is paid to the common stockholders.

The preferred stock is non cumulative which means that if the company fails to pay full dividends or pays no dividends in a particular year to preferred stockholders, those dividends will not accumulate and will not be paid in the next year or whenever the company declares dividends.

The cash dividends that will be paid to Each class of stock for each year will be as follows,

The preferred stock dividends are fixed at = 50 * 0.05 = $2.5 per share

The total dividends on preferred stock is = 2.5 * 2500 = $6250

2021

Total Dividend declared = $5500

Dividend paid to Preferred stockholders = $5500

Dividend paid to Common stockholders = $0

2022

Total Dividend declared = $12300

Dividend paid to Preferred stockholders = $6250

Dividend paid to Common stockholders = 12300 - 6250 = $6050

2023

Total Dividend declared = $27200

Dividend paid to Preferred stockholders = $6250

Dividend paid to Common stockholders = 27200 - 6250 = 20950

4 0

3 years ago

The Market for Hotel Rooms. Suppose with no tax the equilibrium price is $110 and the equilibrium quantity is 250. If the local

ch4aika [34]

Answer:

130, 150

Explanation:

Here, in the question the graph is missing. So, in the attachment the graph is attached.

Equilibrium is the state or condition, where there is balance or stable situation, which means that the opposing forces cancel each other force out and no changes or variations happen or occur.

In short, it is defined as the state where the quantity demanded is equal to the quantity supplied, where there is no loss to the business.

From the graph, we could analyze that the new equilibrium price is 130 and at this price, the new equilibrium quantity is 150.

4 0

3 years ago

Actual sales volume for a period is 5,000 units. budgeted sales volume is 4,500. actual selling price per unit is $15 and budget

olganol [36]

Actual sales volume for a period is $5,000$ units. budgeted sales volume is $4,500$ . actual selling price per unit is $ $15$ and budget price per unit is $ $15. 75$ . the sales price variance is $ $3,750$

Sales Price Variance:

The term "sales price variation" describes the discrepancy between a company's anticipated price for a good or service and the amount that was actually paid for it.

Reduced competition, higher sales price realization, general inflation, a sudden rise in product demand, etc. are a few potential reasons for a favorable sales price variance.

Sales Price Variance = (Actual Sale Price – Standard Sale Price) × Actual Quantity Sold.

Calculation of the Sales Price Variance :-

Sales Price Variance = ( Actual price $-$ Budgeted price)× Actual quantity

Sales Price Variance = $( $15 - $15.75) * 5,000$

Sales Price Variance = $ $3,750$ Unfavorable.

Learn more about Sales Price Variance here

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8 0

2 years ago

When an organization assigns a new employee a mentor and takes an employee out to lunch to meet other members of the organizatio

irina [24]

Answer:

Connection.

Explanation:

An employee can be defined as an individual who is employed by an employer of labor to perform specific tasks, duties or functions in an organization.

Basically, an employee is saddled with the responsibility of providing specific services to the organization or company where he is currently employed while being paid a certain amount of money hourly, daily, weekly, or monthly depending on the contractual agreement between the two parties (employer and employee).

Generally, when a new employee working for an organization is assigned a mentor and given the opportunity to go out on a lunch to meet other members working in the organization during their first week on the job, this would most strongly be an example of connection.

Connection simply means creating a favorable and mutually beneficial meetings between two or more individuals such as the employees working in an organization. Thus, it avails the employees the opportunity to socialize and know each other better while stimulating a good work relationship.

8 0

3 years ago