Answer:
The answer is: B) The median wage in Texas is much higher than the national average. THIS STATEMENT IS FALSE.
Explanation:
If you take the facts from the Census ACS 1 year survey, the median household income in Texas is $59,206 (2017 data) and a median hourly wage of $17,06 (2016 data from the Bureau of Labor Statistics).
If you compare those numbers with the national average, the US median household income is $60,336 (the national average is $1,130 higher than the Texas median household income). Historically the Texas median household income has been lower than the national average.
If we consider the median hourly wage in Texas of $17,06 (2016 data) and we compare to the national hourly wage of $17,81 (2016 data from the Bureau of Labor Statistics) we can clearly see it´s also lower. The top ten states with the highest median hourly wage are: Alaska, Massachusetts, Connecticut, Washington, Maryland, New York, New Jersey, California, Minnesota, Hawaii, with hourly wages ranging from $22.68 to $19.24
Answer:
8.60%
Explanation:
We use the MM proposition II with taxes
![r_e = r_a + \frac{D}{E} (r_a-r_d)(1-t)](https://tex.z-dn.net/?f=r_e%20%3D%20r_a%20%2B%20%5Cfrac%7BD%7D%7BE%7D%20%28r_a-r_d%29%281-t%29)
ra 0.125
D 5000
E 9600 (14,600 assets = 5,000 liab + equity)
rd ??
taxes 0.34
re 0.1384
We set p the formula and solve:
![0.1384 = 0.125 + \frac{5,000}{9,600} (.125-r_d)(1-.34)](https://tex.z-dn.net/?f=0.1384%20%3D%200.125%20%2B%20%5Cfrac%7B5%2C000%7D%7B9%2C600%7D%20%28.125-r_d%29%281-.34%29)
![0.1384 = 0.125 + \frac{5,000}{9,600} (.125-r_d)(1-.34)](https://tex.z-dn.net/?f=0.1384%20%3D%200.125%20%2B%20%5Cfrac%7B5%2C000%7D%7B9%2C600%7D%20%28.125-r_d%29%281-.34%29)
![0.1384 - 0.125 = 0.34375 (.125-r_d)](https://tex.z-dn.net/?f=0.1384%20-%200.125%20%3D%200.34375%20%28.125-r_d%29)
![0.0134 = 0.34375\times 0.125 - 0.34375\times r_d](https://tex.z-dn.net/?f=0.0134%20%3D%200.34375%5Ctimes%200.125%20-%200.34375%5Ctimes%20r_d%20)
![r_d = (0.34375\times 0.125 - 0.0134)\div 0.34375](https://tex.z-dn.net/?f=r_d%20%3D%20%280.34375%5Ctimes%200.125%20-%200.0134%29%5Cdiv%200.34375)
rd = 0.860181818 = 8.60%
Answer:
$816
Explanation:
Calculation for Dunbar Incorporated Ending inventory
Formula for Ending inventory units using FIFO method:
Ending inventory units = Beginning balance + Purchase -sales
Leg plug in the formula
490+410 - 600
= 300units
Calculation for Ending inventory
Ending inventory = 300*2.72
= $816
Therefore the Ending inventory assuming FIFO method is use would be $816
Purchase government of course