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Neporo4naja [7]
3 years ago
8

Carlos works as a tutor for an hour and as a waiter for an hour. This month, he worked a combined total of hours at his two jobs

. Let be the number of hours Carlos worked as a tutor this month. Write an expression for the combined total dollar amount he earned this month.
Business
1 answer:
katrin2010 [14]3 years ago
8 0

Answer:

<em>D = a*t + b*(T-t)  </em>

Explanation:

I<em>n the example given, four variables are to be considered here, </em>

<em> How many dollars he makes per hour , same as how many dollars he makes as a waiter,  How many hours he worked both as tutor and a waiter  </em>

<em>  Let define our variables</em>

<em>let a = the amount of dollars he makes per hour as a tutor </em>

<em>Let b = the amount of dollars he makes as a waiter </em>

<em>Let  t = number of hours he worked as a tutor </em>

<em>Let T = the total  hours combined  he worked both jobs in a month</em>

<em>Therefore, T-t =  number of hours left he worked as a waiter.      </em>

<em>Then, D =  total dollars Frank received  this month in which is:    D = a*t + b*(T-t)  </em>

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This firm is currently operating at 84 percent of capacity. All costs and net working capital vary directly with sales. The tax
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Answer:

Most of the numbers are missing, so I looked for a similar question:

<em>The Steel Mill is currently operating at 84 percent of capacity. Annual sales are $28,400 and net income is $2,250. The firm has current liabilities of $2,700, long-term debt of $9,800, net fixed assets of $16,900, net working capital of $5,000, and owners' equity of $12,100. All costs and net working capital vary directly with sales. The tax rate and profit margin will remain constant. The dividend payout ratio is constant at 40 percent. How much additional debt is required if no new equity is raised and sales are projected to increase by 12 percent?</em>

<em></em>

if the firm is operating at full capacity, then it will need to raise new debt:

EFN = (A/S) x (Δ Sales) - (L/S) x (Δ Sales) - (PM x FS x (1-d))

A/S = $24,600 / $28,400 = 0.866

ΔSales = $28,400 x 12% = $3,408

L/S = $2,700 / $28,400 = 0.095

PM = $2,250 / $28,400 = 0.079

FS = $28,400 x 1.12 = $31,808

(1 - d) = 1 - 40% = 0.6

EFN = (0.866 x $3,408) - (0.095 x $3,408) - (0.079 x $31,808 x 0.6)  = $2,951.33 - $323.76 - $1,507.70 = $1,119.87

but if the firm is operating only at 84% (16% spare capacity), then it will not need to raise new debt:

EFN = (A/S) x (Δ Sales) - (L/S) x (Δ Sales) - (PM x FS x (1-d))

A/S = $7,700 / $28,400 = 0.271

since there is 16% of spare capacity, no new fixed assets will be required

ΔSales = $28,400 x 12% = $3,408

L/S = $2,700 / $28,400 = 0.095

PM = $2,250 / $28,400 = 0.079

FS = $28,400 x 1.12 = $31,808

(1 - d) = 1 - 40% = 0.6

EFN = (0.271 x $3,408) - (0.095 x $3,408) - (0.079 x $31,808 x 0.6)  = $923.57 - $323.76 - $1,507.70 = -$907.89

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