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3 years ago

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Mary martin earns a gross salary of $2,000 per month. state unemployment insurance of $90 is withheld from each of her monthly c

hecks. what percent of gross earnings is state unemployment insurance? 2.2% 4.5% 22.2% 45%

1 answer:

kolbaska11 [484]3 years ago

4 0

To figure out the percent being withheld, take the $90.00 of unemployment being withheld and divide it by $2000. The answer is 4.5%.

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Harmon opens a new restaurant, which he insures for twice its worth. Knowing his business is insured, Harmon becomes careless in

Arturiano [62]

Answer:

Moral Hazard

Explanation:

Moral hazard is a situation which involves two parties, one party gets involved in a risky event because he knows that it is protected against the risk and that the other party will bear the cost and consequences of his actions if there be any loss. It arises when both the parties have incomplete information about each other.

In the financial market, there is high risk that a borrower may do undesirable things and may not pay back if he knows that when he defaults, his guarantor might will pay. This can make him to act with reckless abandon and in a riskier way.

Because Hamon in the Question got insurance that is worth twice his restaurant, he became careless in the management of his restaurant because he believes that if there be any loss, insurance will pay. This is called Moral Hazard in Business.

6 0

2 years ago

Concord Corporationreported the following year-end information: beginning work in process inventory, $250000 cost of goods manuf

anastassius [24]

Answer:

$228,000

Explanation:

Beginning work in process inventory, $250000

Cost of goods manufactured, $866000

Beginning finished goods inventory, $292000

Ending work in process inventory, $270000

Ending finished goods inventory, $314000

Cost of Goods Sold = Beginning work in process inventory + Beginning finished goods inventory - Ending finished goods inventory, $314000

Cost of Goods Sold = $250,000 + $292,000 - $314,000

Cost of Goods Sold = 228,000

7 0

2 years ago

A company has a process that results in 26000 pounds of Product A that can be sold for $8 per pound. An alternative would be to

Tom [10]

Answer:

Sell now, the company will be better off by $18200

Explanation:

The computation is shown below:

Sales value after processing the product (26,000 × $14) $364,000

Less: sales value (26,000 × $8) $208,000

Increase in advantage due to processing $156,000

Less: processing cost ($174,200)

Net disadvantage of processing the product ($18,200)

As we can see the final answer comes in negative which means the product should be sold now

8 0

2 years ago

Pollution control equipment for a pulverized coal cyclone furnace is expected to cost $190,000 two years from now and another $1

alexandr1967 [171]

Answer:

$212,882.75

Explanation:

Cost from 2 years now = $190,000

Cost from 9 years now = $120,000

Interest rate = 9% Quarterly

Present Worth = Cost from 2 years now*[1/(1+interest/m)^nm] * Cost from 2 years now*[1/(1+interest/m)^nm]

Present Worth = 190,000*[1/(1+0.09/4)^2*4] + 120,000*[1/(1+0.09/4)^9*4]

Present Worth = 190,000*[1/(1.0225)^8] + 120,000*[1/(1.0225)^36]

Present Worth = 190,000*[1/1.19483] + 120,000*[1/2.22782]

Present Worth = 190,000*0.83693915 + 120,000*0.4488693

Present Worth = 159018.4385 + 53864.316

Present Worth = 212882.7545

Present Worth = $212,882.75

Thus, the amount to invest to cover these cost is $212,882.75

5 0

2 years ago

Gunnar, the Director of Operations at Fantastic Foods, has worked with other managers over the years to set up groups and teams

qaws [65]

If Gunnar, the Director of Operations at Fantastic Foods. One of the recent groups, which is also a team, is the dean search committee.

<h3>What is team?</h3>

Team are member of a group that come together in unity to resolve issue and to achieve their set goals and objectives.

The recent group will be the dean search committee which aim is to interact or communicate frequently by making use of different communication means over a period of several months.

Therefore One of the recent groups, which is also a team, is the dean search committee.

Learn more about team here: brainly.com/question/11352260

#SPJ1

6 0

1 year ago