1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
sergiy2304 [10]
4 years ago
7

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]4 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]4 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.

You might be interested in
On average, LB Inc. receives 138 payments each day with an average value of $42 each. These payments clear the bank in an averag
Oxana [17]

Answer: c) $7,535

Explanation:

The Collection Float refers to the time that it takes for a deposited check to become available to the account owner after the check has been deposited.

The Average amount is calculated thus;

= No. of payments * Clearing days * average value of payment

= 138 * 1.3 * 42

= $7,535

6 0
2 years ago
If a family spends its entire budget in a given time frame, the family can afford either 90 cans of soup or 60 frozen dinners. A
g100num [7]

Answer:

0.67

Explanation:

Opportunity cost is the cost of the next best option forgone when one alternative is chosen over other alternatives.

If the family buys one can of soup, the opportunity cost is the frozen food forgone.

Opportunity cost of one can of soup = 60 / 90 = 0.67

I hope my answer helps you

8 0
3 years ago
PLEASE do your best on these questions, it’s 75% of my grade
Simora [160]

Answer:

C

Explanation:

Im pretty sure its C. Everyone has to sign a lease when renting something

8 0
3 years ago
Read 2 more answers
It is likely that John chooses this oil company because of their ___ services
Shtirlitz [24]

it is likely that John chooses this oil company because of their good services

4 0
2 years ago
Read 2 more answers
The sarbanes-oxley act of 2002 established requirements for ____. noncompliance can result in penalties of
IrinaK [193]
<span>The Sarbanes-Oxley Act of 2002 established new requirements for corporate governance to prevent fraudulent behavior in business. An accounting oversight board and financial reporting requirements including instituting a code of conduct for senior financial officers are the main focuses of this act.</span>
5 0
3 years ago
Other questions:
  • Jasper Company has a defined benefit pension plan. Effective at the beginning of the current year, the company retroactively ame
    8·1 answer
  • Price controls can cause _____.
    9·2 answers
  • If the nominal annual interest rate is 12% compounded quarterly, what is the effective annual interest rate?
    10·1 answer
  • Several years ago a city established a sinking fund to retire an issue of general obligation bonds. This year the city made a 55
    8·1 answer
  • Identify the career described in the example
    13·2 answers
  • Net income reported on the income statement for the current year was $350,000. Depreciation recorded on plant assets was $26,000
    12·1 answer
  • Ashley Kreeger is the director of marketing for a company that operates several assisted-living centres. The company is developi
    10·1 answer
  • Describe the events that occur in an efficient market in response to new information that causes the expected return to exceed t
    11·1 answer
  • Suppose a self-regulating economy is in a recessionary gap at the time the Fed enacts expansionary monetary policy. Furthermore,
    6·1 answer
  • What are the implications of using criteria, such as baldrige, in assessing organizational culture needs? explain
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!