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Liula [17]
3 years ago
6

Suppose the college administrators estimate that the beautification initiative will cost $2,040. To decide whether the initiativ

e should be undertaken, administrators conduct a survey of the college's 420 students, asking each of them their willingness to pay for the beautification project. The average willingness to pay, as revealed by the survey, is $12. The benefit of the beatification initiative, as suggested by the survey, is ____
Business
1 answer:
tekilochka [14]3 years ago
8 0

Answer:

420 x 12 = 5,040

Explanation:

Because the estimated benefit is greater than the cost, the college administrators should undertake the beautification initiative.

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According to the cost-push theory , what is responsible for inflation?
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When resources are low, businesses know that they can increase their prices because people need them desperately.
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As Lily files her taxes, she learns that her federal total tax due ends up being $206. According to her Federal income tax withh
adoni [48]

The tax refund that Lily can expect to get back from the tax authorities will be $15.80.

<h3>What is a tax?</h3>

A tax simply means the compulsory levy that's paid by the people and companies to the government.

In this case, the tax refund that Lily can expect back will be:

= 7.65% × $206

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In conclusion, the correct option is $15.80.

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8 0
2 years ago
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8 0
2 years ago
The Morris Corporation has $300,000 of debt outstanding, and it pays an interest rate of 8% annually. Morris's annual sales are
Ad libitum [116K]

Answer: 1.41

Explanation:

Given that,

Debt outstanding = $300,000

interest rate = 8% annually

annual sales = $1.5 million

average tax rate = 40%

net profit margin on sales = 4%

interest amount = 300,000 × 0.08

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net profit = 4% of 1.5 million

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Profit before tax = \frac{6,000}{0.60}

                           = $10,000

earning before interest and tax = profit before tax + interest

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TIE ratio = \frac{EBIT}{Interest}

              = \frac{34,000}{24,000}

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3 years ago
What is one way that the government cannot prevent a budget deficit?
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Answer:

The answer is Selling Stocks

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2 years ago
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