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Alona [7]
3 years ago
12

Peter signed up for a program that cost $10.50 per month to stream movies to his computer. he decided to cancel his service afte

r 5/6 months. he only has to pay for the amount of time you use the service. What number represents the total change in the amount of money Peter has after paying for the service?
Business
1 answer:
baherus [9]3 years ago
6 0

Answer: $1.25 is the amount Peter has after paying for the service.

Explanation:

The amount of money he will pay for the 5/6 month = (5/6)*$10.5= 0.83333*$10.5

= $8.75

So the difference of initial cash and paid service is going to be the change.

Change = $10.5-$8.75

=$ 1.25.

Hope this answer was helpful.

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If total spending rises from one year to the next, then Select one: a. either the economy must be producing a larger output of g
DIA [1.3K]

Answer:

a. either the economy must be producing a larger output of goods and services, or goods and services must be selling at higher prices, or both

Explanation:

Total Spending is the total values of goods & services produced & transacted ( bought, sold ) in an economy, during a period of time.

Total Spending = Price of goods,services x Quantity of goods,services

So, if the total spending increases : It implies that either the quantity of goods & services, or their prices, or both have increased. As, amount spent is a product of both of them.

8 0
3 years ago
Thomas purchased 200 shares of stock A for ​$23 a share and sold them more than a year later for $ 19 per share. Be purchased 60
Delicious77 [7]

Answer:

Capital gain tax = $1,540.

Explanation:

As per the data given in the question,

For stocks of A  

Profit = (selling price - purchasing price) × units

= ($19 - $23) × 200

= -$800

For stocks of B  

Profit = ($57-$41) × 600

= $9,600

Total profit = profit for stock A + profit for stock B  

= -$800 + $9,600

= $8,800

Therefore, capital gain for both year = $8,800

Tax rate = 35%

Capital gain tax = Capital gain × Tax rate

= $8,800 × 35%

=$3,080

As share holds for more than a year,

So, Capital gain tax = $3,080 ÷ 2 = $1,540.

5 0
2 years ago
Waterway industries, has 4700 shares of 5%, $50 par value, cumulative preferred stock and 100000 shares of $1 par value common s
e-lub [12.9K]

Since the preferred stocks are cumulative in nature, the dividend amount not paid in the current year will be accumulated and paid in the next year.

Preferred dividend to be paid in 2017 = Value of preferred stock x Dividend rate

= (4700 x $50) x 5%

= 11750

Dividend to be paid in 2018 = same as 2017 as no new preferred stock issued

= 11750

Total dividend to be paid in 2018 = Dividend to be paid in 2018 + Dividend to be paid in 2017 – Dividend paid in 2017

= 11750 +11750 -7900

= $15600

5 0
3 years ago
Which of the following is one of the reasons that the supply curve for loanable funds is upward sloping? A lower real interest r
Andru [333]

Answer:

A lower real interest rate makes saving less appealing.

Explanation:

The lower the interest rate, the lower the amount saved and the higher the interest rate, the higher the amount of money saved. There is a positive relationship between interest rate and the supply of loanable funds. This is why the supply curve for loanable funds is upward sloping

4 0
2 years ago
Barbara Flynn is in charge of maintaining hospital supplies at General Hospital. During the past year, the mean lead time demand
Archy [21]

Answer:

A. 12 units

B. 77 units

Explanation:

A. Calculation to determine What safety stock level do you recommend for BX-5

Using this formula

Safety stock = Z * Standard deviation of demand

Let plug in the formula

Safety stock= 1.65* 7

Safety stock= 11.55 units

Safety stock=12 units (Approximately)

Therefore The safety stock level recommended for BX-5 is 12 Units

b. Calculation to determine What is the appropiate reorder point

Using this formula

Appropriate re-order point = Mean lead time demand + Safety stock

Let plug in the formula

Appropriate re-order point = 65 + 12

Appropriate re-order point = 77 units

Therefore the appropiate reorder point will be 77 units

4 0
3 years ago
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