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4 years ago

State the minimum monthly income and hourly wage per worker needed to cover

Business

1 answer:

marshall27 [118]4 years ago

5 0

Explanation:

State the minimum monthly income and hourly wage per worker needed to cover

monthly expenses for the family you used in part a. Then, explain how to calculate the

hourly wage based on the monthly income and state the hourly wage. Assume that

each full-time worker works four 40-hour work weeks per month, and each part-time

worker works two 40-hour weeks per month. (10 points)

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According to the results, if a CEO in the Financial industry and a CEO in the Health Care industry both have 88 years of experie

hram777 [196]

Answer: $19,032.79

Explanation:

There is some data missing that I was unable to find so I will answer a similar question and can use your data to answer this using mine as a reference.

Because the healthcare industry is the base industry, the estimated difference in the annual salary is:

= 0 - Coefficient of Financial industry

= 0 - (-19,032.787112)

= 0 + 19,032.787112

= $19,032.79

4 0

3 years ago

The balance sheet reports revenues and selling costs for a period of time.

Reika [66]

I would say false, the sheet that reports the revenues and the costs is known as the income statement. the balance sheet is the sheet that would report all of the assets (such as the cash, accounts receivable, or others). The balance sheet will also report all the liabilities (including the accounts payable, notes payable and others). Lastly, the balance sheet will also report the equity or the capital account of the business. So in a nutshell, the balance sheet reports the assets, liabilities, and owner's equity.

3 0

4 years ago

Jim Moore opens a new savings account. He deposits $12,000 at 12% compounded semiannually. At the start of the fourth year, Jim

hjlf

Answer:$119,735.6

Explanation:

To calculate the total in the account,we use the compound interest formula

A= P ( 1+ ( R/2)/100)∧2n

P = $ 12,000 n = 4 R = 12%

A = 12,000 (1+(12/2/100)∧2*4

A = 12,000 ( 1+ ( 6)/100)∧2*4

A = 12,000 ( 1+0.06)∧8

A= 12,000 ( 1.06)∧8

A = 12,000 ( 1.5938)

A= 12,000* 1.5938

A= $ 19,125.6

Another deposit into the account

A = P ( 1+(R/2)/100)∧2n

A= 50,000 (1+12/2/100)∧2*6

A= 50,000 (1+6/100∧12

A = 50,000 ( 1+0.06)∧12

A = 50,000 (1.06)∧12

A= 50,000 ( 2.0122)

A = 50,000* 2.0122

A = 100,610

Therefore, the total in the account

$19,125.6 + $100,610

= $119,735.6

5 0

3 years ago

Darryl’s portfolio includes 66 shares of Essentia Inc., 95 shares of SFT Legal, and 180 shares of Grath Oil. If Essentia Inc. pa

Margaret [11]

Answer:

The correct option is d. $579.44

Explanation:

For computing the total dividend which is to be received every year, we have to calculate the sum of different portfolios. The calculation is shown below:

= Essentia Inc shares × dividend per share + SFT Legal shares × dividend per share + Grath Oil shares × dividend per share

= 66 × $1.79 + 95 × $2.62 + 180 × $1.18

= $118.14 + $248.9 + $212.4

= $579.44

Hence, the $579.44 should Darryl receive in dividends every year.

Thus, the correct option is d. $579.44

7 0

4 years ago

You own a small manufacturing business that produces widgets. You have spent $400,000 acquiring the fixed assets you need to pro

anygoal [31]

At the current level of operating leverage, the small manufacturing business needs to sell <u>18,182 units</u> of widgets to break even.

<h3>What is the break-even point?</h3>

The break-even point is the level of production and sales required so that the entity does not incur any losses or earn any profits.

At the break-even point, the total costs (fixed and variable) equal the sales revenue.

<h3>Data and Calculations:</h3>

Fixed assets = $400,000

Production cost of each widget = $3

Selling price per unit = $25

Variable cost per unit = $3 ($25 x 12%)

Contribution margin per unit = $22 ($25 - $3)

Break-even point in units = Fixed Costs/Contribution margin per unit

= 18,182 units ($400,000/$22)

Thus, at the current level of operating leverage, the small manufacturing business needs to sell <u>18,182 units</u> of widgets to break even.

Learn more about break-even analysis at brainly.com/question/21137380

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4 0

2 years ago