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3 years ago

On average, someone with a bachelor`s degree is estimated to earn times more than someone with a high school diploma?

Business

2 answers:

Natalka [10]3 years ago

8 0

The answer is c. 1.6

umka2103 [35]3 years ago

6 0

Answer:

C: 1.6

Explanation:

According to the studies by the Bureau of Labor Statistics, that took place in 2017, that aimed to calculate the mean eranings of the american workers by their highest educational level, people with a bachelor degree are earning $1,173 dollars per week, while people with only a highschool diploma were earning as of 2017, $712 dollars per week, this is a difference of 1.6 times earnings when having a bachelor degree, compared to the highschool diploma.

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Abardeen Corporation borrowed $90,000 from the bank on October 1, 2018. The note had an 8 percent annual rate of interest and ma

TiliK225 [7]

Answer:

Interest paid in cash in 2018 = $0

Interest recognized on the Income statement = $1,800

Liabilities recognized = $90,000

Amount paid for Principal and interest = $93,600

Interest reported on 2019 Income statement = 1800

Explanation:

Interest paid in cash in 2018 is zero because interest and principal were paid in cash on the maturity date.

Interest recognized in 2018 = 90000*0.08*3/12 = $1800

liabilities are recognized at original amount because the interest is not capitalized and no payment made thus far.

Amount paid on maturity date is 93,600 ( 90000 principal, 3600 interest)

interest reported is for three months jan - march

7 0

3 years ago

Assuming a 12% annual interest rate, determine the present value of a five-period annual annuity of $3,500 under each of the fol

Katena32 [7]

Answer:

a. The first payment is received at the end of the first year, and interest is compounded annually.

present value = annual payment x PVIFA

annual payment = $3,500

PVIFA, 12%, 5 periods = 3.6048

present value = $12,616.80

b. The first payment is received at the beginning of the first year, and interest is compounded annually.

annual payment = $3,500

PVIF annuity due, 12%, 5 periods = 4.0373

present value = $14,130.55

c. The first payment is received at the end of the first year, and interest is compounded quarterly.

present value = annual payment x PVIFA

annual payment = $3,500

effective interest rate = 1.03⁴ - 1 = 12.55%

PVIFA, 12.55%, 5 periods = 3.5562

present value = $12,446.70

7 0

2 years ago

Joann's health insurance plan allows all tests and specialist visits without referral by her doctor. joann, most likely, has wha

Mademuasel [1]

Joann, most likely, has Point of Services type of insurance plan. There are six types of the insurance health plans that differs by their premium and benefit. The HMO plan, the PPO plan, the EPO plan, and the Point-of-Service Plan (POS) are the types of insurance plan that shares a similar benefit. However, the POS plan gives the most freedom in term of health providers. Thus, POS plan is the most suitable answer.

6 0

3 years ago

Read 2 more answers

The Nautical Corporation manufactures custom-made wood wall units. The following data pertains to Job X4A: Direct materials plac

Leokris [45]

Answer:

Total Cost of Job X4A: $

Direct material cost ($9,000 x 500 units) 4,500,000

Direct labour cost (300 hrs x $15 x 500 units ) 2,250,000

Overhead applied (100 hrs x $22.50 x 500 units) 1,125,000

Total cost 7,875,000

Explanation:

The total cost of Job X4A is the aggregate of direct material cost, direct labour cost and overhead applied. Overhead is absorbed on the basis of machine hours. Thus, we will multiply the overhead rate by machine hours and number of units produced.

7 0

3 years ago

Bank ABC has checkable deposits of $415 million and total reserves of $50 million. The required reserve ratio is 9 percent. The

umka21 [38]

Answer:

$12,650,000.

Explanation:

Reserves is the total amount of a bank's deposit that is not given out as loans

Reserves = Deposits - outstanding loans

Required reserves is the percentage of deposits required of banks to keep as reserves by the central bank

Required reserves = reserve requirement x deposits

0.09 x 415 million = 37.35 million

Excess reserves is the difference between reserves and required reserves

50 million - 37.35 million = 12.65 million

6 0

3 years ago