1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
7nadin3 [17]
3 years ago
5

Rates for having a manuscript typed at a certain typing service are $5 per page for the first time a page is typed and $3 per pa

ge each time a page is revised. If a certain manuscript has 100 pages, of which 40 were revised only once, 10 were revised twice, and the rest required no revisions, what was the total cost of having the manuscript typed?(A) $430
(B) $620
(C) $650
(D) $680
(E) $770
Business
1 answer:
Phoenix [80]3 years ago
4 0

Answer:

Correct option is (D)

Explanation:

Given:

Cost for typing for the first time = $5 per page

Cost of revision = $3 per page each time.

Number of pages in the manuscript = 100

Cost of typing 100 pages for the first time = 100 × 5 = $500

Cost of 40 pages revised once = 40 × 3 = $120

Cost of 10 pages revised twice = 10 × (3 × 2) = $60

Total cost of manuscript = 500 + 120 + 60

                                         = $680

You might be interested in
stock that has a current price of $25.00, a beta of 1.25, and a dividend yield of 6%. If the Treasury bill yield is 5% and the m
photoshop1234 [79]

Answer:

$30.2067

Explanation:

From the given question, using the dividend discount model

V_0 = \dfrac{D_1}{r - g}

where:

r is the Expected return on stock and be calculated as:

Expected return on stock = Risk free rate + Beta × (Expected Market Return - Risk free rate)

Expected return on stock = 5% + 1.25 × (14% - 5%) = 16.25%

However, the current price in this process will b used as the dividend price for all future expenses.

Dividend Yield = Current Dividend/The Share Price

Current dividend D0 = 6% × $25.00 = $1.50

D₁ = D₀ × (1 + g)

D₁ = 1.5 × (1 + g)

Thus, we can now employ the use of the growth dividend model (constant) to determine the value of g as follows:

25 = \dfrac{1.5 \times (1 + g)}{0.1625 - g}

By cross multiply, we have:

4.0625 - 25g = 1.5 + 1.5g

collect like terms, we have:

4.0625 - 1.5 = 1.5g + 25g

2.5625 = 26.5g

Divide both sides by 26.5, we have:

2.5625/26.5 = 26.5g/26.5

g = 9.67%

Similarly, suppose the value for the second year-end to be Y₂;

Then the constant growth dividend model can be computed as:

Y_2 = \dfrac{D_3}{r - g}

where;

D₃ = D₂ × (1 + g)

D₂ × (1 + g) = D₁ × (1 + g) × (1 + g)

D₁ × (1 + g) × (1 + g) = D₀ × (1 + g) × (1 + g) × (1 + g)

D₁ × (1 + g) × (1 + g) = D₀ × (1 + g) × (1 + g) × (1 + g)  = D₀ × (1 + g) × 3

D₃ = 1.5 × (1 + 9.67%) × 3

D₃ = $1.9876

Finally:

Y_2 = \dfrac{D_3}{r - g}

Y_2 = \dfrac{1.9876}{0.1625 - 0.0967}

Y₂ = $30.2067

7 0
3 years ago
In A Knight's Tale, three friends are deciding what to do with 15 silver coins they won in a jousting tournament. They can spend
kondaur [170]

Answers:

Correct answer:

1. Investment

2. Trade-off of present for future benefit

Incorrect answers:

1. The only possible decision

2. The consumption of consumer goods.

3 0
3 years ago
Assume that interest rates on 15-year noncallable Treasury and corporate bonds with different ratings are as follows: T-bond = 7
miv72 [106K]

Answer:

Investors are risk averse, which means that they are willing to invest in low risk projects or investments. In order for an investor to invest in a riskier project, he/she will expect to receive higher returns to compensate for the extra risk. US Treasury bonds are probably the safest investments in the world, that is why they yield the lowest interest rate. AAA bonds are less risky than BBB bonds, which in turn are less risky than CCC bonds. That is why AAA bonds yield a lower return than BBB bonds, and BBB bonds yield a lower return than CCC bonds.

7 0
3 years ago
Roadway Corporation produces a special line of plastic toy racing cars. Roadway Corporation , produces the cars in batches. To m
r-ruslan [8.4K]

Answer:

the efficiency variance for variable overhead setup costs is $4,810 favorable

Explanation:

The computation of the efficiency variance for variable overhead setup costs is shown below;

= ((15,700 ÷ 265) × 4.25) × $45 - ((15,700 ÷ 325) × 3) × $45

= $11,330.6604 - $6,521.5384

= $4,809.12 favorable

= $4,810 favorable

hence, the efficiency variance for variable overhead setup costs is $4,810 favorable

4 0
3 years ago
Explain the role audit committee plays in the company​
jeka94

Answer:

The primary purpose of a company's audit committee is to provide oversight of the financial reporting process, the audit process, the company's system of internal controls and compliance with laws and regulations. ... As such, CPAs report directly to the audit committee, not management.

Hope this helps.☝

7 0
2 years ago
Other questions:
  • Listed below are a few transactions and events of Piper Company. Piper Company records a year-end entry for $10,000 of previousl
    10·1 answer
  • An investment portfolio contains stocks of a large number of corporations. Over the last year the rates of return on these corpo
    9·1 answer
  • Monthly payments are higher with a 15 year , fixed rate mortgage. What are two advantages of a 15 year fixed rate mortgage over
    13·1 answer
  • The following totals for the month of July were taken from the payroll register of Lakeside Company.Salaries$16,000Social securi
    9·1 answer
  • Showcase Co., a furniture wholesaler, sells merchandise to Balboa Co. on account, $254,500, terms n/30. The cost of the goods so
    12·2 answers
  • When a lender requires tax and/or insurance amounts to be deposited with the lender by placing the monies in an escrow account,
    5·1 answer
  • PLEASE HURRY
    7·2 answers
  • There are 10,000 shares of $20 par value cumulative 7 percent preferred stock outstanding, and 90,000 shares of common stock out
    12·1 answer
  • When will nekos be created?
    7·2 answers
  • Select the items that are needs from your bank statement. ABC BANK Available Balance $230.00 Cell phone plan$45 Rent$400 Car ins
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!