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umka2103 [35]
3 years ago
7

Let the equation c = 2.32 n + 34,180 represent the cost of raising a child, c, on an income, n. if the corlone family has an inc

ome of $40,000 annually, what is the expect cost of raising a child?
Business
1 answer:
Elza [17]3 years ago
3 0

Since the equation C = 2.32N + 34,180 where C is the cost of raising a child and N is the income. So, if the Corlone family has an income of $40,000, you use the value of N to solve for C:

C = 2.32(40,000) + 34,180

C = 92,800 + 34,180

C = $126,980

Answer: C = $126,980

Credit to: @MsRay

+ = <3

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In 1-2 sentences, explain why scarcity exists.
prohojiy [21]
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3 years ago
If a company has a capital structure of $5,000,000 common stock with a cost of 17%, $2,000,000 bonds at 4%, $1,000,000 of short
rjkz [21]

Answer:

Explanation:

Weighted Average Cost of Capital; formula is as follows;

WACC = wE*re + wP*wp + wD*rd(1-tax)

where w= weight of...

r = cost of ...

E= common equity

P = preferred stock

D = Debt

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8 0
3 years ago
Bee Inc. is working on its cash budget for March. The budgeted beginning cash balance is $35,000. Budgeted cash receipts total $
son4ous [18]

Answer:

$10,500

Explanation:

Bee Inc.

Cash Budget for March

Budgeted Receipts                                    $116,000

Les Budgeted Expenses                          ($110,000)

Net Cash                                                       $6,000

Add Budgeted Beginning Balance           $35,000

Balance                                                        $41,000

Loan ($51,500 - $41,000)                            $10,500

therefore,

To attain its desired ending cash balance for March, the company needs to borrow $10,500

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