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MatroZZZ [7]
3 years ago
15

Financial aspects of employment

Business
1 answer:
padilas [110]3 years ago
7 0

Answer:

Wang Min's situation:

Boston: 151

San Francisco: 135

If Wang Min wishes to consider a similar offer in Boston, the offer should be for at least = ($25,000/135) x 151 = <u>$27,963</u>. Since San Francisco is "cheaper" than Boston, she should earn more money in Boston in order to consider a comparable offer.

Roger's situation:

Cleveland: 99

San Francisco: 135

If Roger wishes to consider a similar offer in Cleveland, the offer should be for at least = ($30,000/135) x 99 = <u>$22,000</u>. Since San Francisco is "more expensive" than Cleveland, he should earn less money in Cleveland in order to consider a comparable offer.

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Flyaway Travel Company reported net income for 2021 in the amount of $110,000. During 2021, Flyaway declared and paid $4,125 in
Lena [83]

Answer:

See below

Explanation:

7 0
3 years ago
A bowling alley charges each person $2 to rent shoes and $3 per game. Which function represents The rate of change of the functi
scZoUnD [109]

Answer:

The function is, y = 2 + 3x

The rate of change of the function is 3.

The y-intercept of the function is 2.

Explanation:

Given,

For each person,

The cost of renting shoes = $ 2,

Additional cost per game = $ 3,

Thus, the total charges for x games, ( say y ) = rent + additional cost for x games

⇒ y = 2 + 3x

Which is the required function,

∵ y = 2 + 3x is a line,

We know that,

The rate of change for a line y = mx + c is m.

Thus, the rate of change of the function is 3.

Now, for y-intercept,

x = 0,

y = 2 + 3(0) = 2

So, y-intercept of the function is 2.

6 0
3 years ago
The market value of Charter Cruise Company's equity is $15 million and the market value of its debt is $5 million. If the requir
topjm [15]

Answer:

17%

Explanation:

To calculate this, we use the weighted average cost of capital (WACC) as follows:

Total capital = 15 + 5 = 20

Weight of equity = 15/20 = 0.75, or 75%

Weight of debt = 5/20 = 0.25, or 25%

WACC = (20% × 75%) + (8% × 25%) = 17%

Therefore, the company's cost of capital is 17%.

6 0
3 years ago
Read 2 more answers
In 2008, Zimbabwe ran out of locally produced Coca Cola and local Coke bottlers were not able to import the concentrated syrup n
almond37 [142]

Answer:

4) Hyperinflation

Explanation:

Hyperinflation is when the prices of goods and services rise more than 50 percent a month. At that rate, a loaf of bread could cost one amount in the morning and a higher one in the afternoon. The severity of cost increases distinguishes it from the other types of inflation.

3 0
2 years ago
Presented below are three independent situations:
Blababa [14]

Answer:

Explanation:

a)

June 30, 2018

Dr Bonds Payable $250,000

Dr Loss on Redemption of bonds $25,500

    Cr Discount on Bonds Payable $20,500

    Cr Cash $255,000

Supporting calculations:

Discount on Bonds Payable = 250,000 -  229,500 = $20,500

Cash = $250,000*102/100 = $255,000

Loss on redemption of bonds = $255,000+$20,500-$250,000 = $25,500

b)

June 30, 2018

Dr Bonds Payable  $200,000  

Dr Discount on Bonds Payable $3,500

    Cr Gain on Bond Redemption  $9,500

    Cr  Cash                                             $194,000

Supporting calculations:

Discount on Bonds Payable = 200000-196500 = $3500

Cash = 200000*97% = $194,000

Gain on Bond Redemption = $200,000 + $3,500 - $194,000 = $9,500

c)

31 Dec

Dr Bonds Payable $30,000  

    Cr Common Stock  $6000

    Cr Paid in capital in excess of par-Common Stock $24000

Common Stock = 30000/1000*$5*40 shares = 6,000

4 0
3 years ago
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