Answer:
d. $192,000
Explanation:
The computation of the supervisory wages and factory supplies not be assigned is shown below:
= Supervisory wages × other percentage + factory supplies × other wages
= $780,000 × 10% + $380,000 × 30%
= $78,000 + $114,000
= $192,000
Hence, the correct option is d. $192,000
All other information i.e given in the question is not relevant Hence, ignored it
Answer:
A) 964,286
B) 14
C) 750,000
Explanation:
The portfolios expected return = (0.5 x $70,000) + (0.5 x $200,000) = $35,000 + $100,000 = $135,000
If the risk free investment yields 6% per year, and you require a risk premium of 8%, then the total interest rate that the portfolio yields must be 6% + 8% = 14%
you will be willing to pay: $135,000 / 14% = $964,286 for the portfolio
if the risk premium increase by 4%, then the price of the portfolio will decrease to: $135,000 / 18% = $750,000
Answer:
The correct answer to the following question is option D) all of the above statements A,B,C are correct .
Explanation:
Personal auto policy (PAP) is a pretty standardize policy design for auto insurance , where such policies provides coverage for medical payments , damage from both under insured and un insured motorists, for the liability and any damage to the vehicle. Under this policy any person who is injured by insured or insured himself or his family members and even any other person who is in possession of covered auto are all insured for receiving medical payments.
Answer:
B) Jeremy is facing a moral, legal, and ethical decision.
Explanation:
Jeremy knows that what he is doing is not legal, since the legal limit for exhaust system noise is 95 decibels and he will alter the cars muffler so that it reaches 125. Besides that, he faces moral and ethical dilemmas because his business is not doing well and his son has just been diagnosed with cancer and he needs money and a lot of it.
His net pay is $328.16.
The first step is to calculate Jerome’s salary.
Regular time - 40 x $7.80 = $312
Overtime - 5 x $7.80 x 1.5 = $58.50
Total Salary = $312 + 58.50 = $370.50
The next step is to calculate the deductions:
Social security = 370.50 x .062 = $22.97
Medicare = 370.50 x .0145 = $5.37
Federal Income Tax = $14
Total Deductions = 22.97 + 5.37 + 14 = $42.34
$370.50 - $42.34 = $328.16
