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JulsSmile [24]
3 years ago
14

If average annual income for all workers is $37,000 and a person with a bachelor’s degree can expect to earn 32 percent more tha

n average, what is the average annual income for persons holding bachelor’s degrees (round to the nearest thousand)?
Business
1 answer:
lukranit [14]3 years ago
4 0

Answer:

 $48,840.00  

Explanation:

If the average  income is $37,000  

A graduate expects to earn 32% above average.

The graduate will earn $37,000 +( 32% of $37,000)

=$37,000 +(32/100 + 37,000)

=$37,000 +  $11,840.00  

= $48,840.00                                                        

 

                           

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Jenny would like to know whether she has budgeted enough money per month for groceries while she is in college. She takes a repr
mart [117]

Answer:

SIGNIFICANCE TEST

Explanation:

Significance tests give us a formal process for using sample data to evaluate the likelihood of some claim about a population value . The significance level for a given hypothesis test is a value for which a P-value less than or equal to is considered statistically significant. Typical values for are 0.1, 0.05, and 0.01. These values correspond to the probability of observing such an extreme value by chance

4 0
3 years ago
Tara purchased a machine for $40,000 to be used in her business. The cost recovery allowed and allowable for the three years the
nexus9112 [7]

Answer:

c. $11,480

Explanation:

Given that

               Cost recovery allowed                Cost recovery allowable

Year 1         $16,000                                                $8,000

Year 2        $9,600                                                  $12,800

Year 3        $5,760                                                  $7,680

The computation of gain should Tara recognize is shown below:-

Cost                                           $40,000

Less:

Greater cost of recovery

allowable or allowed

Year 1                $16,000

Year 2               $12,800

Year 3               $7,680            $36,480

Adjusted basis                          $3,520

Gain to be recognized = Residual value - Adjusted basis

= $15,000 - $3,520

= $11,480

So, for computing the gain to be recognized we simply deduct the adjust basis from residual value.

7 0
4 years ago
Yes! Assuming Economia's aggregate supply curve is upward sloping, when the aggregate demand curve shifts rightward, this will:
katovenus [111]

When the aggregate demand curve shifts rightward, this will increase Economia's real output and the price level.

<h3>What happens when the aggregate demand shifts rightward?</h3>

The aggregate demand curve is a curve that shows the total quantity of all goods and services demanded by the economy at different price levels. The aggregate demand curve slopes downward.

When  aggregate demand curve shifts to the right, there would be an increase in the real output and the price levels.

To learn more about the demand curve, please check: brainly.com/question/25140811

7 0
2 years ago
Why does location matter?
BigorU [14]

answer: you need to know where your at

7 0
3 years ago
Brown Company paid $40 in cash dividends.
Mice21 [21]

Answer:

Debited, left and credited, right

Explanation:

The journal entry is shown below:

Dividend A/c Dr $40

             To Cash A/c $40

(Being dividend is paid in cash)

As we see that cash is paid that means cash would be credited and it is shown on the right hand side of the T account whereas the dividend is debited that is shown in the left hand side of the T account

7 0
3 years ago
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