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levacccp [35]
3 years ago
7

The median annual household income in a certain community of 21 households is $50,000. If the mean income of a household increas

es by 10% per year over the next 2 years, what will the median income in the community be in 2 years?
Business
1 answer:
Ostrovityanka [42]3 years ago
5 0

Answer:

answer is  Cannot be determined

Explanation:

given data

household income  = $50,000

increases =  10% per year

time = 2 year

solution

as we know that here mean is increase by 10 percentage

but from the mean  percentage increase in does not meaning that it will increase median also with same percentage

because median also increase by some percentage if data is move up

but we can not say it will move with same percentage

so here answer is  Cannot be determined from given data

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State the purpose of assets​
oksano4ka [1.4K]

Answer:

Assets are reported on a company's balance sheet and are bought or created to increase a firm's value or benefit the firm's operations. An asset can be thought of as something that, in the future, can generate cash flow, reduce expenses or improve sales, regardless of whether it's manufacturing equipment or a patent.

Explanation:

Hope this helps!

3 0
3 years ago
A company that manufactures laser printers for computers has monthly fixed costs of $177,000 and variable costs of $650 per unit
nydimaria [60]

Answer:

295 units

Explanation:

The cost -volume-profits CVP concepts calculate the breakeven point by dividing fixed costs by the contribution margin per unit.

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For this company,

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Contribution margin per unit

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6 0
3 years ago
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Vinvika [58]
It’s secure and liquid. Hopes this helps!!!!!

4 0
3 years ago
g Jana just found out that she is going to receive an​ end-of-year bonus of ​$32,200. She is in the 35 percent marginal tax brac
maria [59]

Answer:

Jana just found out that she is going to receive an​ end-of-year bonus of ​$32,200. She is in the 35 percent marginal tax bracket. Calculate her income tax on this bonus.

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Now assume that instead of receiving a​ bonus, Jana receives the ​$32,200 as a​ long-term capital gain. What will be her​ tax?

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Which form of compensation offers Jana the best​ after-tax return?

  • if the bonus is taxed as a long term capital gain, she will páy less than half the taxes, so it is the best option for her

Would your calculation be different if the gain was​ short-term rather than​ long-term?

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8 0
3 years ago
A food handler's duties regarding food safety include all of the following practices EXCEPT: Prevention of food contamination Pe
katen-ka-za [31]

The answer to your question is,

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-Mabel <3

7 0
3 years ago
Read 2 more answers
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