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Romashka [77]
3 years ago
12

Maintenance, which was about 18 of the total budget less than it spent on administrative personnel. The amount spent on administ

rative personnel was about 18 of the budget more than was spent on public safety. About what part of the budget was left for other expenses?
Business
1 answer:
____ [38]3 years ago
8 0

Answer:

the remaining budget for other expenses = 1/8 of the total budget

Explanation:

Since the city's administrative personnel expenses are 1/8 larger than both maintenance expenses and safety expenses, it means that safety expenses are equal to maintenance expenses.

Since maintenance expenses are 1/4 of the total budget, safety expenses are also 1/4 of the total budget.

Administrative personnel expenses are 1/8 higher, so that means that they equal 1/4 + 1/8 of the total expenses.

If we add the three categories = 1/4 + 1/4 + (1/4 + 1/8) = 7/8

So the remaining budget for other expenses = 1 - 7/8 = 1/8 of the total budget

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have an annual coupon rate of 8 percent and a par value of $1,000 and will mature in 20 years. If you require a 7 percent return
ololo11 [35]

Answer:

I will be willing to pay $1,106 for a vanguard bond.

Explanation:

Coupon payment = Par value x Coupon rate

Coupon payment = $1,000 x 8%

Coupon payment = = $80

Price of bond is the present value of future cash flows, to calculate Price of the bond use following formula:

Price of the Bond = C x [ ( 1 - ( 1 + r )^-n ) / r ] + [ F / ( 1 + r )^n ]

Price of the Bond =$80 x [ ( 1 - ( 1 + 7% )^-20 ) / 7% ] + [ $1,000 / ( 1 + 7% )^20 ]

Price of the Bond = $80 x [ ( 1 - ( 1.07 )^-20 ) / 0.07 ] + [ $1,000 / ( 1.07 )^20 ]

Price of the Bond = $848 + $258

Price of the Bond = $1,106

6 0
3 years ago
If we add successive laborers to work a given amount of land on a wheat farm, eventually:____.
Alexus [3.1K]

Answer:

d. the increases in wheat harvested will get smaller and smaller.

Explanation:

A marginal rate of technical substitution (MRTS) can be defined as an economic principle which is typically used to represent the rate at which a factor such as capital must decrease so that the same level or quantity of production is maintained when another factor such as labor is changed (increased).

An isoquant is the slope of a marginal rate of technical substitution (MRTS) which connects the two input factors provided that the level of output or production is the same.

Also, the diminishing marginal rate of technical substitution refers to the decline (fall) in marginal rate of technical substitution (MRTS) along an isoquant that produces the same quantity (level) of output.

When an isoquant has a diminishing marginal rate of technical substitution, the corresponding isoquants are convex to the origin. Thus, the marginal rate of technical substitution (MRTS) would continue to diminish as more of a factor such as capital is used.

If we add successive laborers to work a given amount of land on a wheat farm, eventually the increases in wheat harvested will get smaller and smaller.

6 0
2 years ago
Read 2 more answers
Two economists estimate the government expenditure multiplier and come up with different results. One estimates the multiplier a
madreJ [45]

Answer:

B. Compared to the first​ economist, the second economist must be assuming either a larger induced increase in​ consumption, a smaller crowding out​ effect, or both.

Explanation:

6 0
3 years ago
Delta cabinets has 13,000 shares of stock outstanding at a market price of $19 a share. the earnings per share are $1.34. the fi
Goryan [66]

After the dividend, the firm's:

a. book value per share will be $6.31.

b. price-earnings ratio will be 13.88.

c. shareholder value per share will be $18.60.

d. stock price will be $19.00.

e. earnings per share will be $.94.

The answer is : b

We calculate the ex-dividend price of a share on the day dividend is paid as follows:

Ex-dividend Price = Share price before dividend - dividend paid per share

Ex-dividend price = $18.6 ($19 - $0.40)

We can use this ex-dividend price to calculate the company's P/E ratio after dividend.

P/E = $18.6/$1.34 = 13.88059

8 0
2 years ago
Pays higher interest than a savings account
vovangra [49]
<span>Savings accounts typically have higher interest rates than checking. You can access your funds easily, too, but savings accounts aren't meant for everyday purchases. In fact, per a federal regulation, you can only take money out of savings six times a month via online banking, among other methods.</span><span>Apr 15, 2016</span>
6 0
3 years ago
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