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3 years ago

Answer completely and correctly please.

Business

1 answer:

spin [16.1K]3 years ago

5 0

Answer:

Explanation:

September October Nov December

Opening cash balance - 9250 3490 3290 3090

Football tickets (160)

Entertainment (250) (250) (250) (250)

Tuition fee (4,800)

Rent (600) (600) (600) ( 600)

Food (550) (550) (550) (550)

Apartment deposit (600) 600

Earning 1200 1200 1200 1200

3490 3290 3090 3490

Covaig Kovar does not have enough cash for the tuition

The projected cash balance of $3490 is less than the tuition of $4800 by $1310

With this budget he is able to realize that he needs to augment his cash inflow or cut his expenses to meet up

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A new law requires employers to provide health benefits to all workers who are employed more than 10 hours per week. This law re

Phantasy [73]

Answer:

reduce

decrease

Explanation:

As a result of the new law, the cost of hiring labour would increase. This would lead to a reduction in the demand for labour. This decrease is in line with the law of demand.

According to the law of demand, the higher the price, the lower the quantity demanded and the lower the price, the higher the quantity demanded

There would be a leftward shift of the demand curve. This would lead to a fall in equilibrium price and quantity

6 0

3 years ago

Reese, a calendar-year taxpayer, uses the cash method of accounting for her sole proprietorship. In late December, she received

Veseljchak [2.6K]

Answer:

a) The after-tax cost if she pays the bill in December is $21,700

b) The after-tax cost if she pays the bill in January is $19,306.80

Explanation:

a) If she pays the $31,000 bill in December

Present value tax savings = amount × marginal tax rate

= $31,000 × 30%

= $9,300

After-tax cost = Pre-tax cost - present value tax

= $31,000 - $9,300

= $ 21,700

b) If she pays the $31,000 bill in January

Present value tax savings = amount × marginal tax rate

= $31,000 × 40%

= $12,400

Calculation of discount factor = Present value = $\frac{FutureValue}{(1+r)^{n} }$

= $\frac{1}{(1+0.06)^{1} }$

= 0.943

Present value tax savings = amount × discount factor

= $ 12,400 × 0.943

= $11,693.20

After-tax cost = Pre-tax cost - present value tax

= $31,000 - $11,693.20

= $ 19,306.80

6 0

3 years ago

Independent internal verification of the physical inventory process occurs when: all prenumbered inventory tags are accounted fo

marin [14]

Answer:

a second employee counts the inventory and compares the result to the count made by the first employee.

Explanation:

Physical inventory in itself involves counting the actual goods to make sure employees are complying to internal inventory controls. The hint to answering this question is in "independent...verification" which is basically verification done by separate or independent employees; one is responsible for the information and the other one verifies if it is accurate.

4 0

3 years ago

The Constitution is a statement of general principle of the United States civil law.

Vinil7 [7]

it is false that the United State Constitution is a statement of general principle of the civil law, rather, it is is a statement of general principle of the constitutional law.

Civil law refers to the body of law that entails the rules on settling disputes between individuals, corporations etc.

Constitutional law refers to the body of law which are gotten from common law and Constitution and helps in defining powers of the government as well as guiding the duties or rights of citizens.

Therefore, it is false that the United State Constitution is a statement of general principle of the civil law, rather, it is is a statement of general principle of the constitutional law.

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brainly.com/question/493036

4 0

3 years ago

In a two-player, one-shot simultaneous-move game each player can choose strategy A or strategy B. If both players choose strateg

BlackZzzverrR [31]

Answer:

a) attached below

b) Player 1 dominant strategy = when he chooses strategy B

Player 2 dominant strategy = when he chooses strategy B

c) Strategy A is the Nash equilibrium

d) AA = $800

AB , BA = $700

BB = $400

e) Yes

Explanation:

A) The Game written in Normal form

attached below

B) Determine each player dominant strategy

Player 1 dominant strategy = when he chooses strategy B

Player 2 dominant strategy = when he chooses strategy B

C) The Nash Equilibrium of the game is when Both players choose strategy A because when they both choose Strategy they both earn $400 each

D) Ranking strategy pairs from Highest to lowest

AA = $800

AB , BA = $700

BB = $400

E) The outcome can be sustained

because The Nash equilibrium is the same as the highest ranking strategy pair ( i.e. AA = $800 )

8 0

3 years ago