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Serggg [28]
3 years ago
5

During a typical evening, a pizzeria receives phone orders for pizza delivery at a constant rate: 18 orders in a typical 4 minut

e periad. How many pies are sold in 4 hours? 1080 pies Assume the pizzeria starts taking orders at 4:00 PM and the profit is a constant rate of $11 on 10 orders. When will phone order profit exceed $1,000? (Round your answer to the nearest minute.) PM Additional Materials Reading
Business
1 answer:
liberstina [14]3 years ago
5 0

Answer:

the phone order that will exceed $1000 end at 4+ 3hours 23mins = 7:23 PM

Explanation:

Given the following information for pizza delivery

phone orders : 18 orders in 4 minute.

1080 pies are sold in 4 hours

pizzeria starts taking orders at 4:00 PM

profit made = $11 on 10 orders.

When will phone order profit exceed $1,000?

phone orders : 18 orders in 4 minute.

1080 pies are sold in 4 hours

4.5 orders in 1 minute

profit made = $11 on 10 orders.

profit made = $1.1 on 1 orders.

for $1000 = 909.1 orders

at 910 orders the profit made will be $1001 (which > $1000)

therefore, our calculation of time will be base on 910 orders

18 orders in 4 minute

910 orders = 202.2 approximately 202min (which will be less than $1000)

therefore, we need to increase the order to the next minutes says 203 minutes.

913 orders = (913 * 4)/18 = 202.8mins = 3.38 hours = 3hours 23mins

in conclusion, the phone order will end at 4+ 3hours 23mins = 7:23 pm

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<span>We know that the price index has increased from 100 to 102.5 . Then we have that the GDP deflator is 102.5 . Then the real gross domestic product is equal to the nominal gross domestic product divided by the GDP deflator. Then we have that the real gross domestic product is equal to $2,800 / 102.5 = 27.317</span>
4 0
3 years ago
California residents are allowed a credit for net income taxes paid to another State on income also subject to the California in
jeyben [28]

The reason this credit is not allowed is because: A. If the other state allows California residents a credit for net income taxes paid to California

The types of tax.

In Economics, there are different types of tax and these include the following:

  • Gift tax
  • Excise tax
  • Alcohol tax
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  • Employment tax
  • Net income tax

<h3>What is net income tax?</h3>

Net income tax can be defined as a type of tax which grants either deductions or exemptions from an employee's gross income. Additionally, a net income tax is a system of taxation which is designed and developed to assess taxes on the basis of gross income, gross dividends or gross receipts.

In conclusion, it is a fact that any form of deductions or exemptions that doesn't qualify for a credit is not considered as a net income tax in California and every other part of the world.

Read more on income taxes here: brainly.com/question/27008617

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Complete Question:

California residents are allowed a credit for net income taxes paid to another State on income also subject to the California income tax. However, the credit is not allowed for which of the following reasons?

A. If the other state allows California residents a credit for net income taxes paid to California

B. If the income taxed by the other state has a source within the other state under California law

C. If such states do not allow their residents a credit for net income taxes paid to California

D. The amount of the credit is greater than the same proportion of the total California tax as the income taxed by both states bears to the total income taxed by California

6 0
1 year ago
The following information is from Princeton Company’s comparative balance sheets. At December 31 Current Year Prior Year Common
Travka [436]

Answer:

Explanation:

Common Stock

                            Debit                           Credit

To ending balance $115,000.00 By Beginning balance $112,000.00

                                                               By Cash Received         $3,000.00

Total $115,000.00                         Total                         $115,000.00

Paid-in capital in excess of par

                        Debit                                        Credit

To ending balance $579,000.00 By Beginning balance $348,000.00

                                                               By Cash Received         $231,000.00

Total $579,000.00                         Total                         $579,000.00

Therefore, Cash received from issue of common stock = $3,000 + $231,000 = $234,000

5 0
3 years ago
A couple received a $131,000 inheritance the year they turned 48 and invested it in a fund that earns 6.1% compounded semiannual
Norma-Jean [14]

Answer:

It will provide an amount of $13,259

Explanation:

According to the given data we have the following:

present value of deferred annuity=$131,000

i=0.061/2=0.0305

n=20*2=40

k=14*2=28

Therefore, to calculate  how much will it provide at the end of each half year (in dollars) for the next 20 years after they retire we would have to calculate the following formula:

$131,000=R(1-(1+0.0305)∧-40/0.0305)*(1+0.0305)∧-28

$131,000=R(1-(1.0305)∧-40/0.0305)* (1.0305)∧-28

$131,000=R(1-0.3006/0.0305)* 0.4311

$131,000=R(22.93)*(0.4311)

R=$131,000/9.88

R=$13,259

It will provide an amount of $13,259

4 0
3 years ago
Gilmore, Inc., had equity of $130,000 at the beginning of the year. At the end of the year, the company had total assets of $285
allochka39001 [22]

Answer and Explanation:

a and b The computation of internal growth rate is shown below:-

ROA = Net Income ÷ Total Assets

= $28,000 ÷ $285,000

= 9.82%

Retention Ratio = b = (Net Income - Dividends) ÷ Net Income

= ($28,000 - $3,200) ÷ $28,000

= $24,800 ÷ $28,000

= 88.57%

Internal Growth Rate = (ROA x b) ÷ (1 - ROA x b)

IGR = 9.82% × 88.57% ÷ (1 - 9.82% × 88.57%)

= 9.53%

c. Total Assets (t=1) = Total Assets (t=1) + Net Income - Dividends

= 285,000 + 28,000 - 3,200

= $253,800

ROA = 28,000 ÷ $253,800

= 11.03%

IGR = 11.03% × 88.57% ÷ (1 - 11.03% × 88.57%)

= 10.83%

6 0
3 years ago
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