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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.

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nirvana33 [79]
The right answer for the question that is being asked and shown above is that: "A strategy for company growth by starting up or acquiring businesses outside the company s current products and markets." Diversification means a <span>strategy for company growth by starting up or acquiring businesses outside the company s current products and markets.</span>
8 0
2 years ago
Taxicab fares in most cities are regulated. Several years ago taxicab drivers in Boston obtained permission to raise their feres
Scorpion4ik [409]

Solution:

Let's start by assuming that the taxi ride demand is extremely elastic, to the extent that it is vertically sluggish! If the cabbies raise the fair price by 10% from 10.00 per mile to 11.00 per kilometre, the number of riders remains 20.

Total income before fair growth= 20* 10= 200.

Total income following fair growth = 11* 20= 220.

A 10% increase in the fare therefore leads to a 10% increase in the driver's revenue.

Therefore, the assumption in this situation is that the cab drivers think the taxi driving requirement is highly inelastic.

The demand curve facing the drivers of the cab is still inelastic, but not vertically bent.

When the rate increased from 10% to 11, riders declined from 20% to 19%

Total revenue before fair growth is 20* 10= 200

The gap between revenue and fair growth is 19* 11= 209

This means that a realistic 10% raise doesn't result in a 10% boost on income Because the market curve for taxi rides is not 100% inelastic, but rather low inelastic, so that a fair increase (control) allows consumers to lose their incomes.

7 0
3 years ago
Selma deposited a paycheck for $378.42. she’ll use the check register to record her transaction. What will be her new balance?
stepladder [879]

Selma’s new balance will be $378.42. A paycheck also known as a pay check or pay cheque, is a paper document issued by an employer to pay an employee for services rendered. However, the physical paycheck is increasingly being replaced by electronic direct deposits to the employee's designated bank account or loaded onto a payroll card.

Employees may still receive a pay slip detailing the final payment amount calculations. A salary statement, also known as a payslip, pay stub, paystub, pay advice, or sometimes paycheck stub or wage slip, is a document received by an employee that either includes or is attached to the paycheck.

Each country has laws governing what information must be included on a payslip .

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5 0
2 years ago
You are the IT director at Attaway Airlines, a small regional air carrier. You chair the company's systems review committee, and
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<u>Explanation:</u>

Been the IT director at Attaway Airlines, it will be important to prepare a draft of the advantages and the level of difficulties the new computerized reservation system from an IT perspective.

However, the ultimate goal is not to simply win arguments, but to explain and consider the facts from both the Vice president of finance and the Marketing Manager.

4 0
3 years ago
Will the business be legal and not against any existing or foreseeable government regulation
bagirrra123 [75]

Answer:

A business will only be legal and not against any existing or foreseeable government regulation if there are documents proving that the business is legally registered, with the type of business and other details fully disclosed by the promoters during the formation and documentation stages.

Explanation:

The main document for incorporating a company in the United States is the Articles of Incorporation.  The document specifies  the primary purpose of the business, its location ( and state of incorporation), and the shareholdings.

7 0
2 years ago
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