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german
3 years ago
9

Lindsey’s college will cost her a total of $6,000 a year for the next 3 years. She is also foregoing making $26,000 a year at th

e local mall. What is her total investment in education if she doesn't work at all and finishes in 3 years?
Business
2 answers:
Shalnov [3]3 years ago
6 0

Answer:

$18,000

Explanation:

If Lindsey’s college will cost her a total of $6,000 a year, for the next three years the total cost will be 3×$6,000 which gives $18,000.

Note that she is only foregoing making $26,000 a year at the local mall therefore if she doesn't work at all, she won't make any money but will keep paying for her college fee.

Her total investment in education if she doesn't work at all and finishes in 3 years will remain the amount she paid for 3years in college which is $18000

Alex_Xolod [135]3 years ago
5 0

Answer: Lindsey's total investment in education is $18,000.

Since Lindsey's college will cost a total of $6000 per year for the next three years, her total investment in education will be  6000*3 = 18,000.

The $26000 per year that's given in the question is the value of Lindsey's earnings if she chose to work at the local mall. This is the gain Lindsey foregoes in each of the three years in order to learn, and represents her opportunity cost or alternate costs.


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Answer:

A

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4 years ago
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Answer:

Option (c) : $80,000

Explanation:

As per the data given in the question,

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Sales price                      $12     $22

Less: Variable cost         $10     $10

Contribution per unit      $2      $10

Time required in hours  0.25    0.50

Contribution per hour     $8      $20

Rank                                 2          1

Company should produce only product B to maximize the contribution.

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3 years ago
Pequeno Pesos Restaurants, Inc. is a chain of restaurants featuring authentic, affordable Mexican cuisine around the United Stat
blagie [28]

Answer:

A. Information published by the U.S. Bureau of the Census that identifies which regions of the United States are experiencing the most rapid growth in Mexican-American population.

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The information published by the US Bureau about the population of Mexican citizens growing will help the restaurant identify the areas where it will find its most probable customers for the Mexican Cuisine.

The census will provide the maximum information about the regions with the population with Mexican people as the chances to like Mexican cuisine is maximum with Mexican population.

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​Joe's starting salary as a mechanical engineer is around ​$100 comma 000. Joe is planning to place a total of 13​% of his salar
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Explanation:

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Salary = $100,000

Salary investment rate = 13%

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Calculation:

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calculation of present worth

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Future worth = P(1+i)^n\\                       = 162,659.675(1+0.11)^{25}\\                       = 2,209,797.96

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