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topjm [15]
3 years ago
11

Jim and Allison both scored in the bottom 20% of IQ tests; however, Jim went on to complete a 4-year college degree, whereas Ali

son only finished high school. What can be said about their weekly wages?
Business
1 answer:
LekaFEV [45]3 years ago
5 0

Answer:

Jim will earn more money than Allison.

Explanation:

The average salary for someone with a 4 year college degree is $51,000 (2019), that doesn't mean that Jim will earn that money, he might earn more or less, but it is a useful parameter. The average salary of someone who just finished high school is $28,000 (2019).

If we compare both average national salaries, we can assume that Jim will earn much more than Allison.

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On January 1, 2020, Snitchy Company purchased a tractor-trailer rig for $188,000.
olasank [31]

Answer:a

Explanation:

Cost of Trailer - $188,000

Salvage value $28,000

Useful life: 8 years

Depreciable amount - $160,000

Expected miles coverage - 352,000

Mileage in 2020 = 44,500

Mileage in 2021 = 41480

Depreciation rate = 1/8*100 = 12.5%

Straight line :

160,000/8 = 20,000                     2020                      2021

                                                     20000                     20000

Units of production   (44500/352000*160000) (41480/352000*160000)

                                                   20,227.27                      18,854.54

Double declining                   25%*188000            25%*141000

balance                                        47000                      35250

6 0
3 years ago
Total revenue minus explicit and implicit costs is called ::
ladessa [460]
Total revenue minus the costs of production, which are the explicit and implicit together, is profit. The answer is profit.
4 0
3 years ago
The Delta Manufacturing Company has a marginal tax rate of 21 %. The last dividend paid by Delta was $2.60. The expected long-ru
Musya8 [376]

Answer:

The stock price is 38.63

Explanation:

We use the gordon model to calculate the horizon value and with htat the value of the stock:

\frac{D_1}{r-g} = PV\\\frac{D_0(1+g)}{r-g} = PV\\

D1 = 2.60 x 1.04 = 2.704

rate of return 11% = 0.11

grow rate = 4% = 0.04

\frac{2.704}{0.11-0.04} = PV\\

P0 = 38.62857143

The taxes should be ignored as the gordon model do not include them in the calculations

5 0
3 years ago
A company that makes organic fertilizer has supplied the following data: Bags produced and sold 200,000 Sales revenue $ 1,560,00
Natali5045456 [20]

Answer:

The company's degree of operating leverage is closest to $840000

Explanation:

Selling price per unit = Sales revenue / No. of bags sold

= $1560000/200000 bags = $7.8 per bag

Variable cost per unit=Total variable expenses/No. of units

= $840000/200000 units = $4.2 per bag

Company’s unit contribution margin = Selling price per unit-Variable cost per unit

= $7.8 per unit-$4.2 per unit = $3.6 per unit

Company's degree of operating leverage = Variables manufacturing expense + Variable selling and administrative expense

=$660000+$180000 = $840000

5 0
2 years ago
sean, 17, a snowboarder, signs a long-term endorsement agreement for sportswear. he endorses the products and deposits his compe
Degger [83]

A settlement made with the aid of using a minor is frequently voidable, however a minor can most effective keep away from a settlement all through his or her minority popularity and for an inexpensive time after he reaches the age of majority.  After an inexpensive length of time, the settlement is deemed to be ratified and cannot be avoided.

  • Facts of the case: Sean, 17, a snowboarder, signs a long-term endorsement agreement for sportswear. At age 19, he wants to void the agreement by claiming that he lacked capacity when he signed the deal at 17.
  • Rule of Law: Minor's Contracts are voidable at the option of Minor.
  • Analysis: Since, Minor's Contract is voidable at the option of the Minor who Signs the Contact can either honor the contract or void the contract. A minor can void a contract for lack of capacity, only when he is still under the age of majority. If a minor turn 18 i.e., After attaining Majority and hasn't done anything to void the contract, then the contract can no longer be voided.
  • Here, Sean has not done anything to void the contract on attaining the age of 18. So, he at the age of 19, cannot void the agreement by claiming that he lacked capacity when he signed the agreement at 17.
  • Decision: Sean Vs. Sportswear Company: In the light of the above provisions, a Court will not permit Sean to now void the agreement.

Learn more about minority popularity here:

brainly.com/question/14457086

#SPJ4

8 0
1 year ago
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