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3 years ago

Coaches can receive a bonus from the booster club at the conclusion of a season.

Business

1 answer:

inna [77]3 years ago

4 0

Answer:

The statement is true

Explanation:

Booster club is the organization which is formed in order to support the organization, associated club and sports team. The club support through coordinating events or raising the funds.

So, yes, the coaches are legally could receive the bonus from the booster club at the season conclusion as the booster clubs are not state funded, so they are intended to use the money for the school resources.

And there is no legal matter is involves with giving the coaches bonuses as the booster club raise the fund from the extra circular activities.

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Ruiz Co.’s budget includes the following credit sales for the current year: September, $165,000; October, $156,000; November, $1

Minchanka [31]

Answer:

$150,350

Explanation:

The computation of the cash collected in December is shown below:

Particulars Sept Oct Nov Dec

Sales $165,000 $156,000 $140,000 $177,000

Given percentage 30% 55% 15%

December collection amount $46,800 $77,000 $26,550

Total December collection $150,350

8 0

3 years ago

You are assigned to weigh mrs. abrera using an electronic scale. when you plug the unit into the outlet, a spark shoots out. the

morpeh [17]

I THINK ITS MIDDLE FINGERS AT THESE AHOLE MODERATORS

4 0

3 years ago

The U.S. stock market has returned an average of about 9% per year since 1900. This return works out to a real return (i.e., adj

taurus [48]

Answer:

Final value= $242,726.24

Explanation:

Giving the following information:

The U.S. stock market has returned an average of about 9% per year since 1900.

This return works out to a real return (i.e., adjusted for inflation) of approximately 6% per year.

If you invest $100,000 and you earn 6% a year on it for 30 years.

We know inflation is 3% (average), so our real interest rate is approximately 3%.

We need the final value formula:

FV= PV*(1+i)^n

FV= 100000*(1.03)^30= $242,726.24

3 0

3 years ago

Boise Timber co. computes its break-even point strictly on the basis of cash expenditures related to fixed costs. Its total fixe

stellarik [79]

Answer: 1,125,000

Explanation:

Break even point simply means when the total cost and the total revenue are equal.

Firstly, we need to calculate the cash related fixed cost for Boise Timber Co. This will be:

= Total fixed cost - Depreciation

= $6,000,000 - (25% × $6,000,000)

= $6,000,000 - (0.25 × $6,000,000)

= $6,000,000 - $1,500,000

= $4,500,000

The cash break-even point will be:

= $4,500,000/$4

= 1,125,000

8 0

3 years ago

Juniper Enterprises sells handmade clocks. Its variable cost per clock is $16.80, and each clock sells for $28. Calculate Junipe

Soloha48 [4]

Answer:

For Juniper Enterprises to breakeven it must sell 607 units

Explanation:

To break-even means making sales where the proceeds from sales transactions equal the amount of total costs incurred,hence no gain no loss situation.

Break-even point in units=fixed cost/contribution per unit

fixed costs incurred is $8,400

contribution per unit=selling price per unit -variable cost per unit

selling price is $28

variable cost is $16.80

contribution per unit=$28-$16.80=$11.2 0

break-even in units =$6,800/$11.2 0=607 units

8 0

3 years ago