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3 years ago

Select the correct answer.

Business

2 answers:

babymother [125]3 years ago

8 0

Answer:

Which product is an athlete more likely to endorse? Fast Food

kozerog [31]3 years ago

7 0

I would say fast food or sports drink I don’t know tho

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Use the following data to determine the total amount of working capital from the Banner Auto Supplies Balance Sheet for December

Komok [63]

Answer:

b. 240,000

Explanation:

Calculation to determine the total amount of working capital

First step is to calculate the Current assets

Using this formula

Current assets = Cash + Accounts receivable + Inventory + Prepaid insurance

Let plug in the formula

Current assets= $70,000 + 100,000 + 140,000 + 80,000

Current assets= $390000

Second step is to calculate the Current liabilities using this formula

Current liabilities = Accounts payable + Salaries and wages payable

Let plug in the formula

Current liabilities= $130,000 + 20,000

Current liabilities= $75,000

Now let calculate the working capital using this formula

Working capital = Current assets - Current liabilities

Let plug in the formula

Working capital = $390,000 - 150,000

Working capital = $240,000

Therefore the Working capital is $240,000

4 0

3 years ago

Eric works at an electronics store in a mall. Eric doesn't like to work hard, and it costs him $100 to do so. Eric's employer ca

SCORPION-xisa [38]

Answer: work hard; $65; less; $85

Explanation:

The following can be deduced from the question:

The Expected profit from working hard will be:

= (90% × $200) + (10% × $50)

= (0.9 × $200) + (0.1 × $50)

= $180 + $5

= $185

Then, the profit will be the difference between revenue and coat which will be:

= $185 - $100

= $85

Then, the expected profit from shirking will be:

= (90% × $50) + (10% × $200)

= (0.90 × $50) + (0.10 × $200)

= $45 + $20

= $65

Then, the profit will be:

= $65 - $0

= $65

Eric will (work hard) because the net gain of ($65) from shirking is (less) than the net gain of ($85) from working hard.

7 0

3 years ago

As you read the business news, you come across an advertisement for a bond mutual fund â€“ a fund that pools the investments fro

Alika [10]

Answer:

Follows are the solution to this question:

Explanation:

Follows are the two ways of describing its high return:

Firstly, the mutual fund is invested in pretty unstable debt and is reciprocating with greater yields for taking a risk.

Secondly, during every decrease in bond yields, the finance kept bonds so the income on stocks exceeded this same rate of interest significantly. Remember that bond costs skyrocket as interest rates drop as well as give the purchaser an investment income. Because once interest rates are now close to zero, it's also likely that they could increase as well as the owners would then lose their money. Its high return could be due to a drop in interest rates, and not only will it not be replicated, but the low or even low return will almost definitely be followed by either a rise in interest rates.

6 0

3 years ago

Breakin Away Company has three employees—a consultant, a computer programmer, and an administrator. The following payroll inform

alekssr [168]

Answer:

Gross pay:

consultant $4,000
computer programmer $3,300
administrator $2,800

Net pay:

consultant $2,767.98
computer programmer $2,295.48
administrator $1,993.98

Explanation:

regular earnings overtime withholding

allowances

Consultant $4,000 per week N/A 2

Computer programmer $60 per hour 1.5 1

Administrator $50 per hour 2 2

computer programmer worked 50 hours = ($60 x 40) + ($60 x 10 x 1.5) = $3,300

administrator worked 48 hours = ($50 x 40) + ($50 x 8 x 2) = $2,800

Social security taxes:

Consultant = 6% x $4,000 = $240
Computer programmer = 6% x $3,300 = $198
Administrator = 6% x $2,800 = $168

Medicare taxes:

Consultant = 1.5% x $4,000 = $60
Computer programmer = 1.5% x $3,300 = $49.50
Administrator = 1.5% x $2,800 = $42

Federal income taxes:

Consultant: amount subject to withholding = $4,000 - (2 x $75) = $3,850. Federal income taxes = $356.90 + [28% x ($3,850 - $1,796) = $932.02
Computer programmer = amount subject to withholding = $3,300 - (1 x $75) = $3,225. Federal income taxes = $356.90 + [28% x ($3,225 - $1,796) = $757.02
Administrator = amount subject to withholding = $2,800 - (2 x $75) = $2,650. Federal income taxes = $356.90 + [28% x ($2,650 - $1,796) = $596.02

Gross pay:

consultant $4,000
computer programmer $3,300
administrator $2,800

Net pay:

consultant $4,000 - ($240 + $60 + $932.02) = $2,767.98
computer programmer $3,300 - ($198 + $49.50 + $757.02) = $2,295.48
administrator $2,800 - ($168 + $42 + $596.02) = $1,993.98

6 0

3 years ago

Jordan plans to open a computer repair business this summer. As he plans, he writes down the long-term goals of the business so

DerKrebs [107]

Answer:

Explanation:

8 0

3 years ago

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