Answer:
=$450
Explanation:
Javier pay per hour is $9.
Hours worked in the week : 50
Gross pay will be hours worked multiplied by hourly rate
=50 x $9
=$450
Gross pay = $450
Answer:
The correct answer is option A.
Explanation:
Producer surplus can be defined as the difference between the price that the sellers are willing to accept and the actual price the get for the product.
Graphically representing, it is the area above the supply curve and below the actual price. This area indicates the total benefit that the producer is earning by supplying the product at actual price.
Producer surplus acts as a measure of producer welfare and is equal to the difference between total revenue earned and the total cost incurred in the production process.
Answer:
$230.02
Explanation:
Calculation for what amount would the company have to charge for the Tijerina wedding cake to just break even
Size related $69.16
($1.33 per guest × 52 guests)
Complexity-related $56.84
($28.42 per tier × 2 tiers)
Order-related $74.72
($74.92 per order × 1 order)
Cost of purchased decorations for cake $29.30
Total cost $230.02
($69.16+$56.84+$74.72+$29.30)
The amount that the company would have to charge for the Tijerina wedding cake to just break even will be $230.02
AICPA: <span>The national professional organization of practicing Certified Public Accountants (CPAs), whose various committees and boards have been an important contributor to the development of GAAP.
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Answer: The statement is False.
Explanation: Compound interest as the name suggests is the interest compounded over time. In other words is can be defined as the interest we receive from banks on the interest already earned on our principal amount. To make it simple, let us say we have deposited $100 in a bank at 10% interest.
Then in year 1 our interest amounts to $10.
In year 2, the interest will be computed on $100 + $10 , that is the previous principal amount and the interest earned in year 1. So in this way, we get interest on interest already earned.
Thus, the above statement is false.