For people who do not graduate from high school, their median yearly earnings are roughly $19,000 per annum.
<h3>What is the meaning of median
yearly earnings?</h3>
The median yearly earnings means the average amount earned per annum by a person.
The individual who do not graduate from high school is also called an high-school dropout, hence, the statistics shows that their median yearly earnings are roughly $19,000 per annum.
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Answer:
$922,000
Explanation:
Operating income after tax = $3,100,000 - ($3,100,000 × 38%) = $1,922,000
Annual cost of dollar = 20,000,000 × 5% = 1,000,000
EVA = Operating income after tax - Annual cost of dollar = 1,922,000 - 1,000,000 = $922,000
Answer: 2 Apple Pies.
Explanation:
As you may well know, the OPPORTUNITY COST of doing something is the gain you would have gotten if you did an alternative.
In this scenario therefore we will be simply answering that Monica would have done if she wasn't making 1 loaf of bread.
Monica takes 2 hours to bake a loaf of bread and 1 hour to bake a pie.
So what would happen if Monica had 2 hours free because she didn't make a loaf of bread?
If it takes just an hour to make an apple pie, Monica now has 2 spare hours so she will be able to make 2 Pies.
Therefore Monica's opportunity cost of making a loaf of bread is 2 Pies.
Answer: False
Explanation:
Service variability means that the quality of services depends on who provides them. Also where it was provided, when it was provided, and how it was provided are taken into consideration.
Service variability are changes in the quality of identical service that are beung provided by different vendors. It should be noted that the difference in change is due to the nature of the service, delivery method used and the individual providing the service.
Answer:
The correct option is (b)
Explanation:
Given:
Monthly payment for 6 months = $30 per month
Time period = 6 month (6 periods)
Monthly interest rate = 2%
In order to compute borrowed amount, present value of these payments need to be computed which is an annuity as same amount of $30 is paid.
Checking PVIFA table for 2%, 6 periods, annuity factor is 5.6014.
Borrowed amount = Monthly payment × PVIFA(2%,6)
= 30 × 5.6014
= $168.042
Borrowed amount is $168.042 or $168.22 approximately (difference in value due to annuity factor being rounded off)