Answer: Andrews net pay will go down(reduce).
Explanation: Income withholding is a deduction of a payment for child support from a parent’s income. This order can be from a court or administratively ordered by a child support agency.
Answer:
NO
Explanation:
The Supreme Court of the United States were of the opinion that beliefs and practices of religious bodies need not be acceptable, rational, or extensive to other people for the protection from the First Amendment to cover them in terms of free exercise of religion. Whether they were right or wrong, the religious conviction of Thomas were open and honest and the conclusion of the Court to transfer him to a place where he was included in weapon manufacture, effectively placed Thomas in a situation where he had to pick one between his religion and his job. The fact that Thomas departed his company was due to the employers decision and thus he inherently deserves unemployment compensation.
Answer:
10.5%
Explanation:
In this question, we apply the Capital Asset Pricing Model (CAPM) formula which is shown below
Expected rate of return = Risk-free rate of return + Beta × (Market rate of return - Risk-free rate of return)
where,
Risk free rate of return = 7%
Market rate of return = 14%
And, the beta is 0.5
So the expected return is
= 7% + 0.5 × (14% - 7%)
= 7% + 0.5 × 7%
= 7% + 3.5%
= 10.5%
Answer:
Normal goods
Explanation:
The computation of the income elasticity of demand is shown below:
Income elasticity is
= (change in quantity ÷ average quantity) ÷ (change in income ÷ average income)
= {(33,000 - 28000) ÷ ((33,000 + 28,000) ÷ 2)} ÷ {($60,000 - $55000) ÷ (($60,000 + $55,000) ÷ 2)}
= (5,000 ÷ 30,500) ÷ ($5,000 ÷ $57,500)
= 0.1639 ÷ 0.0869
= 1.88
As we can see that the income elasticity of demand comes in a positive so it indicates normal goods
Incomplete question. However, it would be inferred you want to know the requirements to calculate net income.
<u><em>Explanation</em></u>:
Remember, net income is total revenue minus total cost. Since Apple anticipates selling 100,000 units, if we assume the fixed cost to be $2,400 and the variable cost $34, and selling price unit is $150.
- Total cost= 2400+ (34*100,000)= 3,400,000
- Total Revenue= 150*100,000= $15,000,000
- Net income= 15,000,000-3,400,000= $11,600,000
The Net income is therefore $11,600,000.
