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sergejj [24]
2 years ago
5

Carl would like to save money for his first year at college and track his progress. What online tool should Carl use?

Business
2 answers:
Ira Lisetskai [31]2 years ago
8 0

Answer:

Savings plan.

Explanation:

A savings plan aims to accumulate interest-earning money over time for later expenditure, ie it is a form of long-term planning. This way, Carl can save and track his income so he can pay for his college expenses.

fomenos2 years ago
7 0
He should use a savings plan.
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Bubba's Custom Shrimp Catering uses activity-based costing to determine the cost of its catering events. The firm has two activi
Svetach [21]

Answer:

The best option would be option d since it provides the least cost and therefor a higher possibility of being the most profitable.

a. Total cost for option a=$37,000

b. Total cost for option b=$36,250

c. Total cost for option c=$33,750

d. Total cost for option d=$30,625

Explanation:

<em>Step 1: Determine the formula total cost</em>

Total cost=direct costs+cooking cost+serving cost+improvement costs

<em>Consider option a</em>

where;

direct costs=$400×25=$10,000

cooking costs=cooking cost per catering event×number of catering events

cooking costs per year=500×25=$12,500

serving cost=serving cost per plate×number of events×number of plates per event

serving cost per plate=$12

number of events=25

number of plates per event=(80/100)×50=40

serving cost=12×25×40=$12,000

Improvement costs=$2,500

replacing;

Total cost=10,000+12,500+12,000+2,500=$37,000

<em>Consider option b</em>

where;

direct costs=$10,000

cooking costs=cooking cost per catering event×number of catering events

cooking costs per year=500×25=$12,500

serving cost=serving cost per plate×number of events×number of plates per event

serving cost per plate=$12×0.75=$9

number of events=25

number of plates per event=50

serving cost=9×25×50=$11,250

Improvement costs=$2,500

replacing;

Total cost=10,000+12,500+11,250+2,500=$36,250

<em>Consider option c</em>

where;

direct costs=$10,000×0.75=$7,500

cooking costs=cooking cost per catering event×number of catering events

cooking costs per year=500×25=$12,500

serving cost=serving cost per plate×number of events×number of plates per event

serving cost per plate=$12×0.75=$9

number of events=25

number of plates per event=50

serving cost=9×25×50=$11,250

Improvement costs=$2,500

replacing;

Total cost=7,500+12,500+11,250+2,500=$33,750

<em>Consider option d</em>

where;

direct costs=$10,000×0.75=$7,500

cooking costs=cooking cost per catering event×number of catering events

cooking costs per year=500×25×0.75=$9,375

serving cost=serving cost per plate×number of events×number of plates per event

serving cost per plate=$12×0.75=$9

number of events=25

number of plates per event=50

serving cost=9×25×50=$11,250

Improvement costs=$2,500

replacing;

Total cost=7,500+9,375+11,250+2,500=$30,625

7 0
3 years ago
Charlotte's Crochet Shoppe has 10,700 shares of common stock outstanding at a price per share of $63 and a rate of return of 11.
Katarina [22]

Answer:

a. 8.79%

Explanation:

WACC = Weight of debt * Pretax cost * (1 - Tax) + Weight of Equity * Cost of Equity

Value of Equity = 10,700 * $63 = $674,100

Value of debt = 320 * $1000 * 93.6% = $299,520

Weight of Debt = $299,520/($299,520 + $674,000) = 30.76%

Weight of Equity = $674,000/($299,520 + $674,000) = 69.24%

WACC = 30.76% * 5.89% * (1 - 40%) + 69.24% * 11.13%

WACC = 30.76% * 5.89% * 0.60 +  69.24% * 11.13%

WACC = 0.010870584 + 0.07706412

WACC = 0.087934704

WACC = 8.79%

5 0
2 years ago
The value of what type of money comes from what it is made of?
vladimir1956 [14]

Answer:

a.representative money

Explanation:

sure po ako dyan na ayan po ang sagot maraming salamat po

3 0
3 years ago
In the dell case study, engineers working closely with marketing, used lean software development strategies and numerous technol
Karolina [17]

In the dell case study, engineers working closely with marketing used lean software development strategies and numerous technologies to create a highly scalable, singular data mart.

<h3>What is Marketing?</h3>

This refers to the act of promoting a business or a good or service to the general public.

Hence, we can see that based on the Dell case study, there was the use of software development strategies to make and develop a highly scalable, singular data mart.

Read more about marketing here:

brainly.com/question/25754149

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7 0
2 years ago
What are the advantages of a Free Enterprise system to consumers?
nlexa [21]
Answer is d. all of the above
8 0
3 years ago
Read 2 more answers
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