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Elena-2011 [213]
3 years ago
8

During the first 11 months of a recent year, a certain charitable organization received an average (arithmetic mean) of $20,600

per month in donations. How much did the organization receive in donations during December of that year if the average amount of donations per month for the entire year was $21,000 ?
Business
1 answer:
IgorLugansk [536]3 years ago
6 0

Answer:

$25,400

Explanation:

Average for first 11 months = $20,600

Total amount for first 11 months = 11 x $20,600 = $226,600

Average for 12 months = $21,000

Total amount for 12 months = 12 x $21,,000 = $252,000

Amount received in December =  $252,000 - $226,600 = $25,400

The organization received $25,400 in donations during December

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Adam is a part-time employee who earned $495.00 during the most recent pay period. He is married with two withholding allowances
Akimi4 [234]

Answer:

Amount of Social Security tax  = $30.69

Explanation:

given data

earned = $495.00

pay = $6,492.39

to find out

How much should be withheld from Adam's gross pay for Social Security tax

solution

we assume here no pre tax is deductions

and social security tax rate is  6.2%

so Amount of Social Security tax  will be

Amount of Social Security tax =  earned × social security tax

Amount of Social Security tax = $495 × 6.2%

Amount of Social Security tax = $495 × 0.062

Amount of Social Security tax  = $30.69

5 0
3 years ago
Jan Throng invested $39,000 in the Invesco Charter mutual fund. The fund charges a commission (load) of 4.5 percent when shares
Karolina [17]

Answer:

amount of commission (load) Jan must pay is $1755

Explanation:

given data

investment  = $39,000

charges commission (load)  = 4.5 percent

to find out

Calculate the amount of commission (load) Jan must pay

solution

we get amount of commission will be here as

amount of commission = investment × charges commission %   ......................1

put here value we will get

amount of commission = $39000 ×  4.5%

amount of commission = $39000 ×  0.045

amount of commission = $1755

so amount of commission (load) Jan must pay is $1755

5 0
3 years ago
American Idle sells hammocks in a perfectly competitive market. This year, the price of hammocks has fallen to $24, and Simon Co
AfilCa [17]

Answer:

Shut down as P < AVC.

Explanation:

Given that,

Selling price = $24

Average variable cost = $25

Average total cost (ATC) = $30

Marginal cost = $24

He should shut down because the price received by him for the product is less than average variable cost. He should shut down its operations because he won't be able cover the average variable cost associated with the production of the product.

Price = $24 which is less than average variable cost of $25.

If he will be able to cover its variable cost then he will continue operating in this market condition.

3 0
3 years ago
Select the correct answer. Which skill ensures that you follow fair/legal practices in your work and while dealing with people i
kicyunya [14]

Answer:

E

Explanation:

When following corporate ethics, you are proving that you are following your company's ethics and expectations of appropriate behavior.

4 0
3 years ago
If an agent has no authority but nevertheless contracts with a third party, the principal can be held liable on the contract. tr
enyata [817]
The answer is true i hope this helps
6 0
3 years ago
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