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2 years ago

sammy worked 40 hours per week as a stock person and earned a gross income of $370,what is his hourly wage

Business

1 answer:

jarptica [38.1K]2 years ago

4 0

Answer:

$9.25

Explanation:

Hourly wage will be the number of hours worked divide by total earnings.

Gross pay = $370

hours worked 40 hours

per hour = $370/40

=$9.25

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10 ways to increase your wholesale sales

1. Offer specials that bring retailers better-than-wholesale prices.

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3 years ago

In a loan database, there are 66 loans to clients with 17 years of business experience. Also, there are 83 loans made to clients

lisabon 2012 [21]

Answer:

7 loans were made to clients with Graduate education who also had 17 years of experience

Explanation:

We have to solve for which is the intersection between the two groups.

66 is the count for +17 years

83 is the count for Graduate

the two groups is 149 loans

Then, we have 142 loans which are not part of both groups. Therefore, the difference are the loan count which do belong to both groups:

149 total loans - 142 loans out = 7

4 0

3 years ago

Trish receives $450 on the first of each month. Josh receives $450 on the last day of each month. Both Trish and Josh will recei

andrezito [222]

Answer:

A.$141.80

Explanation:

Present Value of Trish payments = $P+P\frac{1-(1+(r/m))^{-(n-1)} }{r/m}$

Present Value of Trish payments = $450 + $450 $\frac{1-(1+(0.095/12))^{-(48-1)} }{0.095/12}$

Present Value of Trish payments = $180,54

Present Value of Josh payments = $P\frac{1-(1+(r/m))^{-n} }{r/m}$

Present Value of Josh payments = $450 $\frac{1-(1+(0.095/12))^{-48} }{0.095/12}$

Present Value of Josh payments = $17,912

Difference between two payments = 18054 - 17912 = 141

3 0

2 years ago

If you keep buying despite a price increase, your demand is

rjkz [21]

D. Inelastic.

Hope this helps!

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3 years ago

Assume that you manage a $10.00 million mutual fund that has a beta of 1.05 and a 9.50% required return. The risk-free rate is 4

Svetradugi [14.3K]

Answer:

The required rate of return on new portfolio is 8.83%. So, option a is the correct answer.

Explanation:

To use the CAPM approach to calculate the new required rate of return, we first need to determine the beta for the new portfolio.

Portfolio beta is the weighted average of the individual stock betas that form up the portfolio. The weightage is assigned based on the investment in the stocks as a proportion of the total investment.

Total investment in new portfolio = 10 + 5 = 15 million

New portfolio beta = 10/15 * 1.05 + 5/15 * 0.65

New portfolio beta = 0.9167

We need to calculate the market risk premium, using the old required rate of return, to use in CAPM.

r = rRF + Beta * rpM

0.095 = 0.042 + 1.05 * rpM

0.095 -0.042 = 1.05rpM

(0.053) / 1.05 = rpM

rpM = 0.05047 or 5.047% rounded off to 5.05%

The new required rate of return using CAPM,

r = 0.042 + 0.9167 * 0.0505

r = 0.08829 or 8.829% rounded off to 8.83%

5 0

3 years ago