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Paladinen [302]
3 years ago
15

Mark earns $8.25 per hour at his summer job. He wants to buy a video game system that costs $206.25. First, write an equation to

model the relationship between numbers of hours worked (h) and amount earned (e). Then, solve your equation to find the number of hours Mark needs to work in order to afford the video game system.
Business
2 answers:
kramer3 years ago
6 0

Answer:

amount earned in hour(s) = e × h

He need to work 25  hours to be able to afford the video game system.

Explanation:

Mark earns $8.25 per hour at his summer job. He want to buy a video game system that costs $206.25. An equation to model the relationship between the number of hours worked and amount earned can be represented below;

Number of hour worked = h

amount earned = e

amount earned in hour(s) = e × h

The number of hours marked need to work in order to afford a video game system is represented as

amount earned in hour(s) = $206.25

e = $8.25

amount earned in hour(s) = e × h

206.25 = 8.25h

divide both sides by 8.25

206.25/8.25 = h

h  = 206.25/8.25

h = 25  hours

aleksley [76]3 years ago
3 0

Answer:

First, write an equation to model the relationship between numbers of hours worked (h) and amount earned (e).

  • e = $8.25h

where e = earnings and h = hours worked

Then, solve your equation to find the number of hours Mark needs to work in order to afford the video game system.

since you need to raise $206.25, the your equation ⇒ $206.25 = $8.25h

h = $206.25 / 8.25 = 25 hours of work

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Anyways, Hope this somehow helps!
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3 years ago
A summary of cash flows for Adventure Travel Service for the year ended April 30, 2019, follows:
zalisa [80]

Answer:

<u>Adventure Travel Service</u>

<u>Statement of cash flows for the year ended April 30, 2019</u>

<u>Cash flow from Operating Activities</u>

Cash receipts from customers                                 $2,080,000

Cash payments for operating expenses                 ($1,706,000)

Net Cash from Operating Activities                            $374,000

<u>Cash flow from Investing Activities</u>

Purchase of land                                                        ($400,000)

Net Cash from Investing Activities                            ($400,000)

<u>Cash flow from Financing Activities</u>

Cash receipt from owner as investment                      $60,000

Drawings                                                                       ($40,000)

Net Cash from Financing Activities                              $20,000

Movement in Cash and Cash Equivalents                   ($6,000)

Beginning Cash and Cash Equivalents                      $203,000

Ending Cash and Cash Equivalents                            $197,000

Explanation:

The Statement of Cash flows shows the results of cash from the following sources : Cashflow from Operating Activities, Cashflow from Investing Activities and Cashflow from Financing Activities.

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You purchased shares of a mutual fund at a price of $20 per share at the beginning of the year and paid a front-end load of 5.75
valkas [14]

Answer:

3.44%

Explanation:

The computation of the return if sold the fund at the year end is shown below:

= {[Price × (1 - Front End Load) × ((1 + fund increase percentage) -expense ratio)] - price} ÷ price

={[$20 per share × (1 - 5.75%) × ((1 + 11%) - 1.25%)] - 20} ÷ 20

= 3.44%

We simply applied the above formula so that the correct return could come

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Answer:

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Explanation:

Calculation to determine the value of the entity multiple of Company X in Year 1

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Answer:

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