1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Mumz [18]
3 years ago
10

The Coyotes are interested in trading their star safety. He is a veteran and makes $1.2 million per year. They are considering s

igning a player from another team who makes less money per year. If the Coyotes hope to save $1.5 million in salary over the next 3 years, what is the maximum amount they can pay the player from the other team?
Business
1 answer:
strojnjashka [21]3 years ago
5 0

Answer:

     \large\boxed{\large\boxed{\$ 0.7million\text{ }per\text{ }year}}

Explanation:

<u>1. Money to pay the star safety over 3 years:</u>

  • 3 year × $ 1.2 million/year = $ 3.6

<u />

<u>2. Money to pay the player from the other team</u>

  • x (unknown salary for one year)
  • 3x (over the three years)

<u />

<u>3. Money to save:</u>

Set the equation (inequality) that represents the savings of at least $1.5 million over the next 3 years.

  • 3.6 - 3x ≥ 1.5

Solve:

  • 3.6 - 1.5 ≥ 3x
  • 2.1 ≥ 3x
  • 0.7 ≥ x
  • x ≤ 0.7

Hence, $ 0.7 million is the upper bound, and represents the maximum amount they can pay the player from the other team.

You might be interested in
Which description applies to the middle class in American society?
Lady_Fox [76]

Answer:

(C).They tend to live comfortably as long as they have jobs

6 0
3 years ago
Read 2 more answers
Since Anytime Pizza is open 24 hours a day, its pizza oven is constantly on and is, therefore, always using natural gas. However
netineya [11]

Answer: Mixed cost

Explanation:

The cost of the natural gas is a mixed cost. A mixed cost is the cost that combines two types of costs (fixed costs and variable costs). A mixed cost is made up of a fixed cost that doesn’t change when production volume changes and also the variable cost that changes when production volume changes.

Mixed costs are also known as semi variable cost. The natural gas is used constantly with the expense incurred on it continuous, therefore it's a fixed cost. Also, when there is no pizza, the usage of natural gas decreases so it's a variable cost. Since it has attribute of fixed and variable cost, it's a mixed cost.

6 0
3 years ago
Read 2 more answers
Melba receives most of her income from wages from her job as a high school teacher. She also receives supplemental income from f
kiruha [24]

Send a notarised letter to her employer requesting that they withhold additional amounts from her pay each month.

Option C

Explanation:

A certificate approved by a notary public is a notarised text. The notary public is a public officer who confirms the identity of everyone who signs the document, observes the signatures and seals the document.

If at the flat rate or the low marital rate they withhold.

Many deductions are claimed: any gain they claim decreases the amount deducted. In the case of a further refund: you will petition for a further amount of each paycheck that is withheld.

5 0
3 years ago
Why does supply decrease when the price<br> of resources increases?
krek1111 [17]

Answer:

see below

Explanation:

Resources are the ( inputs) materials used in the production of goods meant for sale. The cost of inputs has a direct impact on the price of the finished goods(output).  An increase in the cost of inputs increases the cost of production. An increase in production cost increases without a corresponding rise in the selling price means that the profits margin per unit will decline.

Suppliers are motivated to sell or deliver more quantities in the market by profit prospects. An increase in the costs of inputs decreases profit margins. Reduced profits margin result in suppliers supplying reduced quantities in the markets.

4 0
3 years ago
Sold merchandise on credit to Rondo Distributors, for $1,200, terms n/30. The cost of the merchandise was $720. 8 Purchased merc
Iteru [2.4K]

Answer:

See the explanation.

Explanation:

Account receivable Rondo Distributors debit        $1,200

Sales revenue                                          credit                 $1,200

Note: To record the merchandise sales on account. As the company used the periodic inventory system, we do not need to give the cost of goods sold journals.

Purchase debit                     10,000

Accounts payable credit               10,000

Note: To record the purchase on account.

Delivery expense  debit        $525

Cash                       credit              $525

Note: To record the payment of the delivery expense.

8 0
3 years ago
Other questions:
  • Based on the supply and demand theory, why do medical doctors earn higher wages than child-care workers
    6·1 answer
  • The following information is available for two different types of businesses for the Year 1 accounting year. Hopkins CPAs is a s
    7·1 answer
  • Which of the following is a condition that may cause a fee simple absolute to become a fee simple defeasible...? The owner takes
    14·1 answer
  • Burt Inc. has a number of divisions, including the Indian Division, a producer of liquid pumps, and Maple Division, a manufactur
    8·1 answer
  • The following logo is present on the letterhead of an organization. Which category of communication does this involve?
    9·2 answers
  • PLS, I NEED THIS REALLY FAST!!!
    12·1 answer
  • The ledger of Mai Company includes the following accounts with normal balances: Common Stock, $10,200; Dividends, $1,400; Servic
    14·1 answer
  • Manufacturing cost data for Orlando Company, which uses a job order cost system, are presented below. Indicate the missing amoun
    7·1 answer
  • You tell your grandmother about a car you’re thinking of buying and, as expected, she tells you a story about buying her first b
    14·1 answer
  • Why might someone decide to lease a home?
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!