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3 years ago

Every week Jerome works 40 hours. On Fridays, he receives his paycheck. What type of income does Jerome earn?

Business

2 answers:

Iteru [2.4K]3 years ago

5 0

Answer:

eared income

Explanation:

Zarrin [17]3 years ago

4 0

Answer:

B. Earned Income.

Explanation:

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Madison Corporation sells three products (M, N, and O) in the following sales mix: 3:1:2. Unit price and cost data are: M N O Un

damaskus [11]

Answer:

Products Selling price Unit variable cost Contribution per unit

$ $ $

M 7 3 4

N 6 2 4

O 6 3 3

19 8 11

Break-even point in composite units

= <u>Total fixed cost</u>

Contribution per unit

= <u>$340,000</u>

$11

= 30,909 units

Break-even point for the current sales mix

M 3/6 x 30,909 units = 15,455 units

N 1/6 x 30,909 units = 5,151 units

O 2/6 x 30,909 units = 10,303 units

Explanation:

In this case, we need to calculate contribution per unit of each product by deducting the unit variable cost of each product from their respective selling prices. Then, we will obtain the break-even point in composite units by dividing the total fixed cost by overall contribution per unit.

Then, we will determine the break-even point for the current sales mix by multiplying the proportion of each product in the sales mix by the break-even point in composite units.

8 0

4 years ago

What does it mean for a savings account to have a minimum balance?

Fittoniya [83]

Answer:

Explanation:

A savings account is an account owned by an individual at a bank. He keeps his money there, and earn interest at the end of the month for his savings.

A minimum balance is sometimes required by the banks for a savings account, customers are expected to keep such minimum balance always if not, the account will be closed down.

5 0

3 years ago

A business pays weekly salaries of $30,000 on Friday for a five-day week ending on that day. The adjusting entry necessary at th

algol [13]

Answer:

debit Salaries and Wages Expense, $24,000; credit Salaries and Wages Payable, $24,000.

Explanation:

The journal entry is shown below:

Salaries and Wages Expense A/c Dr $24,000

To Salaries and Wages Payable $24,000

(Being salary and wages is adjusted)

The computation is shown below:

Five day salary = $30,000

Per day salary = $30,000 ÷ 5 days = $6,000

Now Monday to Thursday salary i.e 4 days salary = $6,000 × 4 days = $24,000

3 0

4 years ago

12) A particular species of North American frog is most comfortable within a temperature range of 20 oC- 40 oC. A mating pair is

meriva

Answer:

The male frog would join the female frog in the water poodle

Explanation:

Mathematically,

Let x = temperature the 10000 joules from sun Ray would raise the temperature of the copper

So therefore:

10000 = m * (x - 33°) * Spc

Where m = mass of copper = 400g

Spc = specific heat capacity of copper = 0.387j/g/°c

400 * ( x - 33) * 0.387 = 10000

( x - 33 ) = 10000/ (400 * 0 387)

x = 97.6 °c

Temp for water where m = mass of water = 100g

x¹ = temperature the sun Ray of 10000 joules would raise the temp of water too.

Spw = specific heat capacity of water = 4.184j/g/°c

So therefore;

100 * ( x¹ - 33 ) * 4.184 = 10000joules

x¹ - 33 = 10000/ (100 * 4.184)

x¹ = 56.9°c

Since x for the male frog is greater than x¹ for the female frog, the male frog would be more uncomfortable because it's environmental temp is far higher than the comfort zone tem which is 20° to 40°c so it would move to join the female frog.

3 0

3 years ago

If an economy consumes 68 percent of any increase in disposable income, then an increase in autonomous investment of $1 billion

madreJ [45]

Answer: The answer is $3,125,000,000

Explanation:

Since autonomous investment is government investment in the economy

68% of the increase in disposable income was consumed

Using the equation

Since Y = yd , spending in the economy is represented by

Equation C = 0.68yd, investment = $1,000,000,000

Y = C + I

Y = 0.68Y + 1,000,000,000

Y - 0.68 = 1,000,000,000

Factor out the variable Y

Y ( 1 - 0.68) = 1,000,000,000

0.32Y = 1,000,000,000

Divide both sides by 0.32

0.32Y/ 0.32 = 1,000,000,000 / 0.32

Y = 3,125,000,000

Therefore the increase in total spending will be $3,125,000,000

4 0

4 years ago