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3 years ago

Both Phoebe and Connor are trying to maximize their lifetime income. Each has a different plan on how to do it best.

Business

2 answers:

Viktor [21]3 years ago

7 0

Answer:

Connor is correct

Explanation:

Connor is correct because he is likely to earn a higher salary and more benefits throughout his career and also save for a life after retirement.

By earning $25000 more in salary (that is $60000 - $35000) because he has a college degree and phoebe do not have a college degree, he could make up the money spent during the course of his college degree and save more money during his career

3241004551 [841]3 years ago

7 0

Answer:

C) Connor is correct because he is likely to earn a higher salary throughout his career. By earning by only $11,000 more in salary, he could make up the difference over the life of his career. He is also likely to have more employee benefits to save for his retirement.

Explanation:

Actually the average wage of someone that only completed high school is $29,815, if you get an associate or technical degree your salary increases to $35,394, and the largest leap is for college graduates that earn $52,019.

It is significant difference between going to college or not, almost twice the salary. Even though going to college is expensive, in only a few years you will recover your investment (yes, education is an investment not a expense).

A much higher salary also allows a person to get more employee benefits, which add up and increase the difference.

Also, most of the high paying jobs that didn't require a college degree are starting to require them, e.g. manufacturing jobs at car factories are currently requiring certain skills and knowledge about computers and programming. So the difference in salaries between both types of jobs is likely to increase in the future.

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Career fulfillment means:

castortr0y [4]

Answer is a hope this helps cause its like common sense

6 0

2 years ago

Read 2 more answers

Last year, Bad Tattoo Co. had additions to retained earnings of $4,780 on sales of $95,560. The company had costs of $75,720, di

fredd [130]

Answer:

e. $6,042

Explanation:

Net income of Bad tattoo co. = Addition of retained earnings + Dividends

= $4,780 + $2,980

= $7,760

Income before tax of Bad tattoo Co = Net income / (1-tax rate)

= $7,760 / (1-34%)

= $7,760 / 0.66

= $11,758

But,

Income before tax = Sales - Costs

- Depreciation expense - Interest expense

$11,758 = $95,560 - $75,720 - Depreciation expense - $2,040

$11,758 = $19,840 - Depreciation expense - $2,040

Depreciation expense = $19,840 - $11,758 - $2,040

Depreciation expense = $6,042

8 0

3 years ago

Marketing by a service firm to effectively train and motivate its customer-contact employees and all the supporting service peop

ikadub [295]

Answer:

Internal

Explanation:

As the name implies, internal marketing is one in which a service firm trains employees in a product's company and its customers' contact to ensure maximum customer satisfaction. Internal marketing means that every member of staff is involved in marketing and not just the marketing department of the firm.

Cheers.

7 0

3 years ago

A corporation has issued 30,000 shares of $50 par common stock and holds 5,000 of these shares as treasury stock. If the corpora

Andrews [41]

Answer:

The amount of $25,000 will be recorded as the Cash Dividends

Explanation:

The amount which is to be recorded as the cash dividend is computed as:

Cash Dividend = Number of Shares × Rate per share

where

Number of shares is computed as:

Number of shares = Issued Shares - Treasury Stock

= 30,000 - 5,000

= 25,000

NOTE: No dividend is paid on treasury stocks, so the the shares of the treasury stocks are subtracted.

Rate per share is $1

SO, Putting the values above:

Cash Dividend = 25,000 × $1

= $25,000

3 0

3 years ago

Listed below are certain costs (or discounts) incurred in the purchase or construction of new plant assets. Indicate whether the

Ann [662]

Answer:

a. Capitalized : Equipment

b. Expensed

c. Capitalized : Building

d. Expensed

e. Capitalized : Equipment

f. Capitalized : Building

g. Capitalized : Building

h. Capitalized : Equipment

Explanation:

The Cost of Property, Plant and Equipment item according to IAS 16 includes, the Purchase Cost and any cost directly incurred in putting the assets in location and condition intended for use by management.

The costs exclude amounts collected in tax on behalf of third parties

Also not Capital expenditures increase the earning ability of the asset whilst revenue expenditure is the maintenance of such asset.

6 0

2 years ago