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3 years ago

A person who earns $30,000 per year has $2,000 in childcare costs. As a

Business

2 answers:

lutik1710 [3]3 years ago

6 0

Im gonna guess tax deduction

uranmaximum [27]3 years ago

3 0

Answer: tax deduction

Explanation:

A P E X

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Let’s suppose you (USA dealer) imported a product from German on Dec 1, 2018 at € 300, payable in 60 days. You sold the product

Andrej [43]

Answer:

Combine profit of 2018 and 2019 is $200 + (-$100 loss) = $100 profit.

Explanation:

The value of imported product from Germany as on 1st Dec. 2018 = 300 Euro

The exchange rate as on 1st Dec. 2018 = 0.6 Euro/Dollars

The value of imported product in dollars = $\frac{300}{0.6} = 500 dollars.$

Since product sold in cash for $400 as on 15th Dec.

Since fiscal year end on 31st Dec. So, find the profit and loss.

Profit and loss = Sold price - Product price in dollars

Profit and loss = $400 - $500

Thus, loss for the year 2018 = $100

Now the dealer will pay on 1st Feb 2019 and on this date the exchange rate is 1.5 Euro/Dollars. The dealer have to pay the 300 Euro. So,on 1st Feb the value of 300 Euro in dollars will be: $= \frac{300}{1.5} = $200.$

Now, dealer will pay only $200 which is equal to 300 Euro. However, dealer had received $400 from sale. So. Profit is $400 - $200 = $200.

Thus, the loss of 2018 is $100 and profit of 2019 is $200.

Combine profit of 2018 and 2019 is $200 + (-$100 loss) = $100 profit.

8 0

3 years ago

The manager of a carpet store is trying to determine the best installation crew size. he has tried various crew sizes with the r

RideAnS [48]

<span>I would recommend crews of two workers. This type of crew size is easier to manage and prevents cluster. The workers can watch each other's backs without having to worry about looking out for too many other workers. This way they can help each other without losing sight of their own work.</span>

8 0

3 years ago

Why might a rise in the price of electric razors result in an increase in demand for nonelectric razors?

k0ka [10]

<span>A rise in the price of electric razors result in an increase in demand for nonelectric razors because consumers would rather choose to buy a product with lower cost having the same effect as compared to the product with the higher price. Buying the nonelectric razor would save them money while still having the same output.</span>

6 0

3 years ago

Read 2 more answers

You can insure a $42,000 diamond for its total value by paying a premium of D dollars. If the probability of loss in a given yea

ella [17]

Answer:

$E(X) =\sum_{i=1}^n X_i P(X_i)$

Replacing the values that we have:

$1 = 0.98*a + 0.02(a-42) = 0.98a +0.02a -0.84$

And solving for a we got:

$1.84 = a$

So then the premium value for the insurance on this case should be 1840 dollars.

Explanation:

For this case we can define the random variable X as the gain ( in thousand of dollars) of insurance company

We assume that the premium clase charge and amount of a to the company and we know from the info given that:

$p(X=a) = 1-0.02 = 0.98$

$p(X = a-42) = 0.02$

$E(X) = 1$ represent the expected gain in thousand of dollars

The expected value of a random variable X is the n-th moment about zero of a probability density function f(x) if X is continuous, or the weighted average for a discrete probability distribution, if X is discrete.

And using the definition for a discrete random variable we know that :

$E(X) =\sum_{i=1}^n X_i P(X_i)$

Replacing the values that we have:

$1 = 0.98*a + 0.02(a-42) = 0.98a +0.02a -0.84$

And solving for a we got:

$1.84 = a$

So then the premium value for the insurance on this case should be 1840 dollars.

5 0

3 years ago

What are the three main types of economic systems?

otez555 [7]

Answer:

command, market, and mixed

3 0

2 years ago