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Lerok [7]
3 years ago
13

According to the U.S. Department of Labor Statistics, in 2009 high school graduates made approximately _____ more a year than th

ose who did not complete high school.
$40,000
$30,000
$20,000
$10,000

Business
2 answers:
bazaltina [42]3 years ago
8 0

According to the U.S. Department of Labor Statistics, in 2009 high school graduates made approximately $ 32,544/Year, whereas, those who did not complete high school made approximately $23,664.

Which means the ones who graduated the high school earned around $10,000 more than the ones without a high school degree.

iragen [17]3 years ago
3 0
<span>According to the U.S. Department of Labor Statistics, in 2009 high school graduates made approximately $ 32,544/Year, <span>whereas</span>,</span><span> those who did not complete high school </span>made approximately $23,664.
Which mean the ones who graduated the high school earned around $10,000 more than the ones without a high school degree.

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When an individual obtains a car loan and makes all of the regular monthly payments, the sum of the payments made will exceed th
dmitriy555 [2]

Answer:

Correct option is (D)

Explanation:

One of the principles of money and banking is that time has value. Money worth today is not the same as it is worth tomorrow. For the same reason, money received today has more value than received tomorrow as the same could be invested elsewhere.

This is the reason why interest is charged on money paid later to compensate for the opportunity lost to invest elsewhere. As such, if car is obtained on loan, the installment paid includes the interest levied on loan. This is the reason that sum of installments are higher than the purchase price.

5 0
4 years ago
mz technologies’ dividend growth is expected to decline gradually. for the next four years, the growth is expected to be 20%. in
Cloud [144]

Answer:

$9.00

Explanation:

Note: See the attached file for the calculation of PV of year 1 to 7 dividends.

Price at year 7 = year 8 dividend / (Rate of return - Perpetual growth rate) =  (0.5747245056 * 1.05) / (10% - 5%) = $12.0692146176

PV of price at year 7 = $12.0692146176 / (1.10)^7 = $6.19341546169015

Current price = Sum of PV of years 1 to 7 dividends + PV of price at year 7 = $2.81096656749202 + $6.19341546169015 = $9.00

Download xlsx
4 0
3 years ago
Assume the following information for Thomas Company:
zubka84 [21]

Well if you want to know that you have to do this:

-----------------------------------------------------------------------------

Margin per chair = $80

Machine hours to produce 1 chair = 2 hours

Multiply: 80 x 2 = 160

Deluxe Chair: 160

------------------------------------------------------------------------------

Margin per chair = $90

Machine hours to produce 1 chair = 4 hours

Multiply: 90 x 4 = 320

Executive Chair: 320

--------------------------------------------------------------------------------

Contribution Margin: $90 and $80

Add: 90 + 80 = 170

Contribution Margin: $170

---------------------------------------------------------------------------------

Machine Hours: 2 and 4

Add: 2 + 4 = 6

Machine Hours: 6 hours

---------------------------------------------------------------------------------

So, their is $170 contribution margin per 6 hours.

Hope this helps XD

6 0
4 years ago
Cantrell company is required by law to collect and remit sales taxes to the state. if cantrell has $8,000 of cash sales that are
lawyer [7]

Answer:

The journal entry for the cash receipt and on that the sales tax is charged is as follows:

Explanation:

Cash A/c................................Dr  $8,640

      To Sales A/c.............................Cr $8,000

      To Sales Tax Payable A/c.....Cr  $ 640

Working Note:

Sales Tax Payable = Amount of cash sales × Rate of Sales Tax

                               = $8,000 × 8%

                               = $640

So, the total of cash received will be = Sales Amount + Amount of sales tax payable

= $8,000 + $640

= $8,640

4 0
3 years ago
Read 2 more answers
You borrow $10,000 today at a nominal rate of 5%; inflation for the past 10 years has been exactly 2%. Today, inflation instantl
Tamiku [17]

Here is the answer choice to the question

a. the real rate of interest on your loan is 14%.

b. the real rate of interest on your loan was previously 10% and is now 35%.

c. the real rate of interest on your loan is now –2%.

d. you will pay the lender back exactly $9,500.

e. you will pay the lender back exactly $10,700

Answer:

C. the real interest rate on your loan is now -2%

Explanation:

The real interest rate of can be gotten by subtracting the nominal interest rate from the inflation rate from nominal interest rate

Inflation rate = 7%

Nominal interest rate= 5%

= 5 percent - 7 percent

= -2%

The real interest rate can be defined as the rate of interest an investor, saver or lender is going to receive after they have allowed for inflation.

6 0
3 years ago
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