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ki77a [65]
3 years ago
10

Carson beck works at the local worst buy shop. as a full-time student at the local university, he is being paid an hourly rate o

f $4.20 an hour. one week, beck worked 37 hours. round your answers to the nearest cent.
a. beck's earnings for the week are
Business
1 answer:
denis-greek [22]3 years ago
8 0
A. To determine the total earnings incurred by Carson by being a part-time employee at a certain store, we have to just multiply his hourly rate with the total number of hours that he spent working for a certain week. 

That is,

      W = ($4.20 /hour)(37 hours)
      W = $155.4

Answer: $155.4
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27. When a person buys stock in a company, that person is buying ________, but when a person buys a bond in a company, that pers
Trava [24]

Answer: Ownership rights

lending

Explanation: Equity shares or common stocks are the ownership rights of the company, the holders of common stock have the voting right in every major decision of the company and are entitled for dividend according to the profit made by the company in that period.

On the other hand the bondholders are the creditors of the company as bond is considered as a debt obligation in the company. They are entitled to fixed rate of interest in return of the investment made by them.

5 0
3 years ago
The Magnolia Company's Division A has income from operations of $80,000 and assets of $400,000. The minimum acceptable rate of r
Afina-wow [57]

The residual income for the Division A of Magnolia Company for an income from operations of $80,000 will be $32,000.

<h3>What is residual income?</h3>

Residual Income is the total of total income from operations less the minimum acceptable rate of return on the deployed assets for such operations over a financial period.

Using the above information, it can be ascertained that the residual income will be,

\rm Residual\ Income = Income\ from\ Operations - Rate\ of\ Return\ x\ Assets\\\rm Residual\ Income = 80000- (12\%\ x\ 400000)\\\\\rm Residual\ Income = \$32,000

Hence, the residual income will be as computed above.

Learn more about residual income here:

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8 0
2 years ago
What is income elasticity onlyy
Lina20 [59]

Income elasticity of demand measures the receptiveness of the quantity demanded for a good or service to a change in income.

It's calculated as the ratio of the percentage change in quantity demanded to the percentage change in income.

Explanation:

Hope this helps!!

8 0
3 years ago
In 2017, John opened an investment account with Randy Hansen, who held himself out to the public as an investment adviser and se
yulyashka [42]

Answer:

The relevant tax issues are as follows:

- Is the loss a theft loss or an investment loss?

- Is the loss subject to either the personal loss limits or the limits on itemized deductions?

- How is the amount of the loss determined?

- In which year can the loss be taken?

- Is there a way to receive a tax benefit for the full amount of income recognized in prior years?

The irrelevant tax issue is:

- Did John have other casualty or theft losses within the last five years?

Explanation:

In this scenario John invested and provided Randy with a power of attorney to use $200,000 to purchase and sell securities on his behalf.

The earnings were to be reinvested, but John realised in 2020 that Randy was running a Ponzi scheme and his account was zero.

As John will most likely not be possible a casualty loss may be allowed.

Since the loss happened in 2017 when he invested the theft loss will be deducted in that year.

He will be able to deduct his losses under 165.

Deductions are allowed for losses in a tax year that is not covered by insurance.

Losses that can be claimed are limited to:

- Losses in business or trade

- Losses in transactions for profit

- Losses as a result of theft, fire, storm, or shipwreck.

5 0
3 years ago
Capital budgeting decisions ______. Multiple select question. involve an immediate cash outlay in order to obtain a future retur
pshichka [43]

Answer:

involve an immediate cash outlay in order to obtain a future return

require a great deal of analysis prior to acceptance

Explanation:

A capital budgeting decision refers to an investment and the financial commitement. If we considered a project so here the business is making the financial commitment and at the same time it invest in the longer period that have an influence on the future projects

So it is an instant cash outflow for gaining a future return and also have a great deal before accepting it

7 0
3 years ago
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