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ale4655 [162]
3 years ago
8

Jenna works at the grocery store and earns $9 an hour. She is busy with extracurricular activities and only works 20 hours durin

g the week. However, she picks up an eight hour Sunday shift once a month, for which she earns time and a half. Jenna also lives at home and has health insurance under her moms plan. She is expected to pay for her own car repairs, maintenance and gas, as well as her auto insurance, which costs $1,000 a year. Jenna wants to take a trip to Mexico with her friends next year, which will cost $1,500.
*Remember to compute net pay by taking 20% out for taxes*





Somebody please help me... Im about to cry because I dont know what to do :(
Business
1 answer:
german3 years ago
7 0

Answer:

earnings/per year - cost/per year - taxes = profits

Explanation:

20 h /week a  year has  4 weeks  20*52=1040 h/month

8h /1sunday a year  she only work 12 sundays   8h*12=96h

$9 /h earnings

$1000 fixed costs

$1500 travel

20% taxes

1040+96= 1136h/year

1136*9= 10224 $/year total earnings

10224-1000-1500=7724 profits before interest and taxes

7724*(1-0.20)=6179.20 total profits

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The effect of the declaration of a cash dividend on a company's financial statements is to:_______
likoan [24]

The effect of the declaration of a cash dividend on a company's financial statements is to decrease both stockholders' equity and total assets.

<h3>What are cash dividends?</h3>

Dividends are cash payments made to the stockholders of a public company. Stockholders are individuals who purchase shares in a public company.

Dividends are paid with cash, thus, the assets of a company would decline. Since assets is positively related to stockholders equity, stock holder's equity would also decline.

To learn more about dividends, please check: brainly.com/question/13672624

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5 0
2 years ago
XYZ Company leased equipment to West Corporation under a lease agreement that qualifies as a finance lease to West but not as a
melomori [17]

Answer:

132,000$ will be recorded by west as amortization expense for the year.

Explanation:

Depreciation/amortization is systematic allocation of cost of asset over its useful life. In this case asset cost is not given so we assume that PV of lease payment is equal to market value (660,000 dollars) of asset.

In case of leased asset the useful life taken for calculation of depreciation is lower of 1) Useful life 2) Lease term as per applicable accounting standards.

So we have taken 5 years to charge depreciation on Straight line method.

Hence by dividing 660000 by five we get our answer.

7 0
3 years ago
Each service starts on a different date because the services depend on each other. Enter the starting dates for the remaining se
gladu [14]

Answer:

a. Copy the range of cell D7:D9 then select cell D6 and paste the selection with date format selected. The function will be represented in formula bar with adding +4;365 days.

b. Copy the range of cell D7:D9 then select cell D6 and paste the selection with date format selected. The function will be represented in formula bar with adding -3;365 days.

c. In the formula bar type =365 days; +2 : E6

d. In the formula bar type =365 days ; +2 : C6

Explanation:

Excel is a software which helps the users to easily calculate complex calculation with just one function input. The users can create worksheets using the excel and then link those worksheets with each other. The data can be displayed in the form of table or simple text. It has multiple options to create annual day wise filtered worksheets.

7 0
3 years ago
If you put $50 in a savings account that paid 10% compounded yearly, how much interest would you earn in 3 years?
stepladder [879]

Answer:

$66.55

Explanation:

10% of 50 = 5

55 in one year

10% of 55 = 5.5

60.5 in two years

10% of 60.5 = 6.05

66.55 in three years

Hope this helped

4 0
3 years ago
What is an example of statistical reasoning?
zubka84 [21]

Answer/Explanation:

Statistics educators often talk about their desired learning goals for students, and invariably, refer to outcomes such as being statistically literate, thinking statistically, and using good statistical reasoning. Despite the frequent reference to these outcomes and terms, there have been no agreed upon definitions or distinctions. Therefore, the following definitions were proposed by Garfield (2005 and have been elaborated in Garfield and Ben-Zvi (2008).

Statistical literacy is regarded as a key ability expected of citizens in information-laden societies, and is often touted as an expected outcome of schooling and as a necessary component of adults’ numeracy and literacy. Statistical literacy involves understanding and using the basic language and tools of statistics: knowing what basic statistical terms mean, understanding the use of simple statistical symbols, and recognizing and being able to interpret different representations of data (Garfield 1999; Rumsey 2002; Snell 1999)

5 0
3 years ago
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