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
tensa zangetsu [6.8K]
3 years ago
15

A given university has an average professor pay of $40,000 a year and an average administrator pay of $45,000 per year. If the r

atio of professors to administrators is 4 to 3, and the total pay for professors and administrators in a year is $40,415,000, how many professors does the college have?
Business
1 answer:
harina [27]2 years ago
5 0

Answer:

We can determinate there is 548 professors.

Explanation:

A professor is paid 40,000 while and administrator is paid 45,000

we know that the sum of wages is 40,415,000

and the proportion for professors is 4/3 so admin should be 3/4

We can now construct and equation system.

40,000p + 45,000a = 40,415,000\\where:\\p = professor\\a = administrators

We know plug the value of admin to professor and sove for p.

40,000p + 45,000 (\frac{3}{4}p) = 40,415,000

we multiply 45,000 by 3/4 and add it to the 40,000

45,000 x 3/4 = 33,750

40,000 + 33,750 = 73,750

<u>We now solve for p:</u>

p = \frac{40,415,000}{73,750}  = 548

There is 548 professors.

You might be interested in
A country in South America has large reserves of copper and tin. Mining forms the pillar of its economy. A major part of its rev
Ilya [14]

Answer:

B) raw material exporting

Explanation:

Based on the information provided within the question it can be said that this country most likely has a raw material exporting economy. This is a type of economy that focuses mainly on exporting and trading the raw materials which it's host country is rich in. This allows them to make money and import more necessary things that the country needs but can't produce.

3 0
3 years ago
The demand for land, labor, and capital used to produce a good depends on which of the following factors?
marysya [2.9K]
D) the availability of land, labor and capital


I think
8 0
3 years ago
In a company's annual report, the section called Management Discussion and Analysis provides critical information for interpreti
ddd [48]

Answer:

A. True

Explanation:

The section called Management Discussion and Analysis in an annual report analyzes the performance of a company, includes comments from the management about the financial statements to allow the readers to understand the information in a better way and includes the future objectives and plans. According to this, the answer is that the statement that indicates that in a company's annual report, the section called Management Discussion and Analysis provides critical information for interpreting the financial statements and assessing the future of the company is true.

7 0
2 years ago
Suppose one rental car company raises its prices and the rival car companies leave their prices unchanged. But when another rent
Karo-lina-s [1.5K]

Answer:

This situation is an example of cross Price elasticity of Demand

Explanation:

If change in Price in Rental Company A doesn't necessitate change in prices in Rental companies B.C.D.E & F

Then the products A has on offer are not close substitutes to the rival companies

However where Rental company G lowers his price and it immediately triggers a Price reduction in Companies B to F, then obviously they offer similar products that are close substitutes and serve similar segment or channel of the Market Size. Thus failure to lower their Price will automatically see Customers rent cars more from Company G.

This situation is an example of cross Price elasticity of Demand

7 0
3 years ago
Nash's Trading Post, LLC uses the percentage of receivables basis to record bad debt expense and concludes that 3% of accounts r
skelet666 [1.2K]

Answer:

(a) Prepare the adjusting journal entry to record bad debt expense for the year with Allowance for Doubtful Account of $ 3,041

Dr Bad Debt Expenses                      $10,150

  Cr Allowance for doubtful debt      $10,150

(b) Prepare the adjusting journal entry to record bad debt expense for the year with Allowance for Doubtful Account of $ 918

Dr Bad Debt Expenses                      $14,109

  Cr Allowance for doubtful debt      $14,109

Explanation:

The Allowance for Doubtful Account will have the Balance of : 439,700 x 3% = $13,191

(a): Bad Debt Expenses needs to be recorded: 13,191 - 3,041 = $10,150

(b): Bad Debt Expenses needs to be recorded: 13,191 + 918 = $14,109

3 0
2 years ago
Other questions:
  • Which is an example of a withholding you might see on your pay stub?
    10·1 answer
  • if increasing physical capita increases productivity why would a company not buy newer faster computers for all its works every
    11·1 answer
  • Shelly has $200,000 of QBI from her local jewelry store (a sole proprietorship). Shelly's proprietorship paid $30,000 in W–2 wag
    10·1 answer
  • How long will it take an investment of $5,000 to grow to $7,500 if it earns simple interest of 10% per year?
    6·1 answer
  • Intangible assets that have an indefinite useful life:
    7·1 answer
  • Mars Inc. printed 1,200 brochures with the intention of distributing them using a national newspaper. The brochures were subsequ
    8·2 answers
  • This section of the VITA/TCE certification Foreign Student test covers determining residency status, the use of Form 8843, and f
    6·1 answer
  • Blart Corp. recently paid a dividend of $5.00 per share. Analysts forecast future dividends will increase by 2% forever. The req
    6·1 answer
  • Porque alguien podría querer poner una "bandera Roja" en su propio informe crediticio?
    13·1 answer
  • A project has several teams. Team C has repeatedly missed deadlines in the past. This has caused team D to have to crash the cri
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!