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melomori [17]
3 years ago
7

This year, the annual tuition at a public four-year university is $5,290. Next year when Jarrod attends his first year, the tuit

ion is expected to increase 4.5%. Jarrod has 1 year to save the amount of money equal to the tuition for his first year. What is the approximate minimum amount Jarrod should save monthly?
Choices:
A- $441
B- $461
C- $553
D- $639
Business
2 answers:
frutty [35]3 years ago
7 0
The answer is B, 461$
sergiy2304 [10]3 years ago
4 0

Answer:

The answer is: B) $461

Explanation:

Next year tuition for a public university will be approximately $5,528.05:

next year's tuition = current tuition x (1 + 4.5%) = $5,290 x 1.045

If Jarrod wants to save enough money to pay for it, he needs to save approximately $461 per month (= $5,528.05 / 12).

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Dena's Decorations is a South Carolina business that has a SUTA rate of 3.6% and an annual SUTA wage base of $14,000. The employ
Irina-Kira [14]

Answer:

FUTA = $168

SUTA = $1,866.24

Explanation:

As per the data given in the question,

FUTA

= $7,000 × 4 employees × 0.6% = $168

SUTA

Gilfin, Laubach and Loftin earning excess = $14,000

So, will take maximum $14,000 for each of them

Moravec is less than $14,000 therefore will take the actual amount

Earnings = ($14,000 × 3 × 3.6%) + ($9,840 × 3.6%)

=$1,866.24

4 0
3 years ago
Max Company uses 20,000 units of Part A in producing its products. A supplier offers to make Part A for $7. Max Company has rele
Vadim26 [7]

Answer:

$20,000

Explanation:

Max company makes use of 20,000 units of part A to manufacture its product

A supplier offers to produce part A for $7

Max company has relevant costs to $8 per unit to produce part A

Therefore, the opportunity cost of not buying part A from the supplier can be calculated as follows

Opportunity cost= 20,000 units of part A($8-$7)

= 20,000 units×$1

= 20,000×$1

= $20,000

Hence the opportunity cost of not buying part A from the supplier when there is excess capacity is $20,000

6 0
3 years ago
what are three challenges associated with retail order takers? (check all that apply.) multiple select question. high labor cost
aleksandrvk [35]

Three challenges associated with retail order takers are <u>repetitive tasks, minimal training and high turnover.</u>

<u />

There are three different categories of order takers: internal order takers, delivery salespeople, and outside order takers.

An agreement between your business and a retailer is known as a retail order (wholesaler, kiosk, bookstore etc.). In exchange for payment of the purchase price, your publisher undertakes to provide the ordered quantity to the ship-to party.

An order taker in sales is a person who responds to client queries (also known as orders) but does not actively pursue strategies that would boost sales, such as identifying new prospects or upselling to current clients.

To know more about retail order takers: brainly.com/question/20534024

#SPJ4

5 0
1 year ago
Definition:_________ This is the process of reducing or eliminating government regulations on an industry, allowing for more lai
baherus [9]

Answer:

Deregulation

Explanation:

<em>Deregulation when the government power is reduced or eliminated from a particular industry in order to make business easier and less restrictive.</em>

I hope you find this information useful and interesting! Good luck!

3 0
3 years ago
The year-end 2018 balance sheet of Brandex Inc. listed common stock and other paid-in capital at $1,400,000 and retained earning
DaniilM [7]

Answer:

The firm paid $630000 dividends in 2019

Explanation:

Retained earnings is the amount of net income that is not distributed to stockholders and is ploughed back into the business. It is a capital reserve account and appears in the equity section of the Balance Sheet. To determine the amount of Dividends, we will trace the change in Retained earnings and deduct the increase in retained earnings amount from the Net Income to arrive at dividends for the year.

Increase in Retained earnings = 4000000 - 3700000  =  $300000

Thus, out of the Net Income of $930000 earned in 2019, $300000 was transferred to retained earnings. The remaining was paid as dividends.

The dividends in 2019 are = 930000 - 300000 = $630000

8 0
3 years ago
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