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3 years ago

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In 2012 the minimum wage in Arizona was $7.65. If we assume the growth of this minimum wage is exponential and is growing at the

rate of 2%, then the length of time until the minimum wage reaches d dollars is modeled by which formula:________

1 answer:

weqwewe [10]3 years ago

4 0

Answer:

<h3>I don't what should you do otherwise please marks me as brainliests.</h3>

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A firm is selling two products, chairs and bar stools, each at $50 per unit. Chairs have a variable cost of $25, and bar stools

marishachu [46]

Answer:

Break-even point in dollars= $36,364

Explanation:

Giving the following information:

A firm is selling two products, chairs and bar stools, each at $50 per unit. Chairs have a variable cost of $25, and bar stools $20. The fixed cost for the firm is $20,000.

To calculate the break-even point in dollars for the firm, we need to use the following formula:

Break-even point (dollars)= Total fixed costs / [(weighted average selling price - weighted average variable expense)/ weighted average selling price]

weighted average selling price= (selling price* weighted sales participation)= $50

weighted average variable cost= (variable cost* weighted sales participation)

weighted average variable cost= (25*0.5 + 20*0.50)= $22.5

Break-even point in dollars= 20,000/ [(50 - 22.5)/ 50]= $36,364

4 0

3 years ago

Ming Chen began a professional practice on June 1 and plans to prepare financial statements at the end of each month. During Jun

Leya [2.2K]

Answer:

The accounting equation holds as follows:

Asset = Liabilities + Equity = $80,000

Explanation:

Note: See the attached excel file for the analysis of the Effect of June Transactions on the Accounting Equation

From the last balances in the attached excel file, we have:

Assets = Cash + Receivable + Equipment = $41,000 + $8,000 + $31,000 = $80,000

Liabilities = Payable = $0

Equity = M. Chen, Capital - M. Chen, Withdrawals + Revenue - Expenses = $75,000 - $1,000 + $10,500 - $4,500 = $80,000

Liabilities + Equity = $0 + $80,000 = $80,000

Therefore, the accounting equation holds as follows:

Asset = Liabilities + Equity = $80,000

4 0

3 years ago

True or false: Lewin's force-field theory states that managers must create resistance to facilitate change.

Art [367]

Lewin's force-field theory states that managers must create resistance to facilitate change. Therefore, it's true.

<h3>Who is a manager?</h3>

A manager simply means an individual who guides the team or employees on an organization to achieve a common goal.

Lewin's force-field theory states that managers must create resistance to facilitate change. It states that effective change happens through the unfreezing of the existing state of affairs and moving to a desired situation.

Learn more about managers on:

brainly.com/question/24553900

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2 years ago

Cool Cars Location (Scenario) An automobile producer from Southern Italy, Cool Cars, has developed plans to expand international

S_A_V [24]

Answer:

D. Land and construction costs are comparatively less expensive in Russia than in Canada

Explanation:

Option D would favor Russia ahead of Canada because of the fact that manufacturing costs are cheaper and they have easier access to Capital. I came to this conclusion since it has been stated that land and construction costs are cheaper in Russia.

In Economics the goal of every firm is to minimize cost and to maximize profit. Option D is cost minimizing for cool cars if they want to duplicate their overall success.

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3 years ago

Garnishment cannot exceed what percent of the weekly take-home pay?

Tcecarenko [31]

Answer:

25%

Explanation:

the weekly amount may not exceed the lesser of two figures: 25% of the employee's disposable earnings, or the amount by which an employee's disposable earnings are greater than 30 times the federal minimum wage

4 0

3 years ago

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