There are 52 weeks in a year. Divide that by 2 and you get 26. That's 26 paychecks Toni will receive in a year. To find out how much he earned for each paycheck, you take 26 and divide it into the salary.
39,500/26=1,519.23.
Toni made 1,519.23 with his old salary
44,230/26=1701.15
Toni makes 1701.15 with his new salary.
Now you take the new paycheck and subtract it from the old paycheck.
1701.15-1,519.23=181.92.
Toni receives $181.92 more on each paycheck this year.
Answer:
the amount that she have to donate is $166,666.70
Explanation:
The computation of the amount that she have to donate is shown below:
Donation amount is
= Annual scholarship ÷ (interest rate - inflation rate)
= $2,500 ÷ (5.5% - 4.0%)
= $2,500 ÷ 1.5%
= $166,666.70
hence, the amount that she have to donate is $166,666.70
We simply applied the above formula so that the correct value could come
And, the same is to be considered
Answer:
Cash Anders received from the sales of equipment was $37,000
Explanation:
The equipment with a book value of $40,000 and an original cost of $210,000 was sold at a loss of $3,000
In Anders Company
The carrying amount of the equipment = book value of equipment = $40,000
The equipment was sold at a loss of $3,000. Therefore:
The carrying amount of the equipment - Sales price (Cash Anders received from the sales) = $3,000
Cash Anders received from the sales = The carrying amount of the equipment - $3,000 = $40,000 - $3,000 = $37,000
