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Lelechka [254]
2 years ago
9

A local pet supplies boutique had a good year with rising revenues and reduced operating costs resulting in personal income for

the owner of nearly $100,000. One-third of that went to local, state,and federal income taxes and another third went to pay for a home mortgage, car payments, food, clothing, and other necessities. What is the remaining third called?A. gross incomeB.bonus incomeC.discretionary incomeD. disposable incomeE. profit
Business
1 answer:
Delvig [45]2 years ago
3 0

Answer:

C. discretionary income

Explanation:

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Diana is a student studying economics and currently working on her class schedule for next semester. She decides to enroll in a
timama [110]

Diana's decision to pick something that will benefit her in future showed <u>dependency through time. </u>

<h3>What does Dependency through Time entail?</h3>
  • It means considering future time periods in a decision.
  • Calls for one to think about how their current decision will either make their future worse or better.

Diana chose her program of study based on the opportunities she will have in the future. We can therefore conclude that she demonstrated dependency through time.

Find out more about planning for a future career at brainly.com/question/8195686.

7 0
2 years ago
Charlotte's Crochet Shoppe has 10,700 shares of common stock outstanding at a price per share of $63 and a rate of return of 11.
Katarina [22]

Answer:

a. 8.79%

Explanation:

WACC = Weight of debt * Pretax cost * (1 - Tax) + Weight of Equity * Cost of Equity

Value of Equity = 10,700 * $63 = $674,100

Value of debt = 320 * $1000 * 93.6% = $299,520

Weight of Debt = $299,520/($299,520 + $674,000) = 30.76%

Weight of Equity = $674,000/($299,520 + $674,000) = 69.24%

WACC = 30.76% * 5.89% * (1 - 40%) + 69.24% * 11.13%

WACC = 30.76% * 5.89% * 0.60 +  69.24% * 11.13%

WACC = 0.010870584 + 0.07706412

WACC = 0.087934704

WACC = 8.79%

5 0
2 years ago
Revision of Depreciation
alexgriva [62]
  1. The annual depreciation expense is $17,000.
  2. The book value at the end of the twentieth year of use is $425,000.
  3. The depreciation expense for each of the remaining 20 years is $20,000.
<h3>What is the annual depreciation expense?
</h3>

Straight line depreciation expense = (Cost of asset - Salvage value) / useful life

Annual depreciation = ($765,000 - $153,000) / 36 = $17,000

Book value in the 20th year = cost of the asset - accumulated depreciation

765,000 - (17,000 x 20) = $425,000

Depreciation expense for each of the 20 years = (book value - new residual value) / new useful life

(425,000 - $25,000) / 20 = $20,000

To learn more about straight line depreciation, please check: brainly.com/question/6982430

#SPJ1

3 0
2 years ago
Three friends are trying to decide what to do on Saturday night. The options are to go to a party, go see a play, or hang out at
zhenek [66]

Answer:

go to party

Explanation:

Scale of preference can be described as a list of wants of individuals. They are usually arranged in order of importance or preference.

If the individuals vote  on hanging out versus going to the play :

Abdul would vote to see a play because it is his most preferred activity

Gina would vote to go hangout because it is her most preferred activity

Shaquille would vote to hangout. this is because going to the play is his second most preferred activity

so hangout would win with 2 votes to 1 in this round.

In the next round of voting, the two contenders would be hangout and going to the party.

Abdul would vote to go the party.  Going to the party is  his second most preferred activity and hangout is his least preferred activity

Gina would vote to go hangout because it is her most preferred activity

Shaquille would vote to go to the party. This is his most preferred activity.

Going to the party would win the second round of voting

6 0
3 years ago
Consuela noticed significant growth in the hispanic population in her mid-size town. the local grocery carried mostly traditiona
oksian1 [2.3K]
The kind of startup that her store is considered to be is a new market idea. New market ideas are techniques or ideas that are employed or thought of as a way of strategizing and a way of improving one's business or store. In which Consuela engages to as she decided to have a new idea for a way of improving her store and for the sake of her customers.
3 0
3 years ago
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