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
Alex17521 [72]
3 years ago
12

HELP

Business
1 answer:
azamat3 years ago
5 0
If those listed in the chart are all monthly payments that would mean the total monthly payments would be $5407 per month meaning an income equal to or greater than $64,884 would be needed to sustain the lifestyle represented in the chart (given that no vacation/sick days were taken and no other contributing factors were considered)

How to calc :

(1)Hourly - # of weeks = 52 or 48

(2)# of weeks times 40 to get hours worked

(3)Depending on ans to (2) 64884/ans to (2) to calc hourly rate



On 52 week year ;

Part time hourly - $62.39

Full time hourly $31.20

On 48 week year (seems to be the one asked for even though it’s inaccurate)

Part time hourly - $67.59

Full time hourly - $33.80
You might be interested in
A credit entry was recorded for unearned revenue and a debit for cash. What does this entry indicate?
rusak2 [61]

Answer:

This means that there is an increase in cash(cash has been collected). And for the unearned revenue which is a liability, there is an increase in the liability

Explanation:

This means that there is an increase in cash(cash has been collected). And for the unearned revenue which is a liability, there is an increase in the liability.

Note: Debit side increases asset(cash) and expenses while credit side decreases liability,income and equity.

Credit side decreases asset(cash) and expenses while debit side increases liability,income and equity.

7 0
2 years ago
A car dealership spends $140,000 on cars to stock their lot. After a day of sales, they earn a total revenue of $300,000. What i
r-ruslan [8.4K]

Answer:

$160,000

Explanation:

Calculation of the car dealership's profit

Using this formula

Profit= Total revenue- Amount Spend

Where,

Total revenue=$300,000

Amount Spend=$140,000

Let plug in the formula

Profit =300,000-140,000

Profit =160,000

Therefore the car dealership's profit will be $160,000

5 0
3 years ago
Terrell Trucking Company is in the process of setting its target capital structure. The CFO believes that the optimal debt-to-ca
Semenov [28]

Answer:

a. Terrell's Optimal Capital Structure is 40:60. It means to obtain optimal capital structure in-order to increase value of firm, Terrell should finance 40% of its Assets through Debt and remaining through Common Equity.

b. The optimal Capital Structure is the point where company's WACC is minimized. So, 40:60 is the ratio where Terrell's WACC will be minimized.

Explanation:

The goal of Management is to increase Shareholders' wealth and not to generate profits because wealth is something that is for long-run whereas Profits are temporary. Management would accept projects having negative NPV if its goal is to maximize Profit.

Maximizing Shareholders' wealth means to increase the Share Price whereas Generating a higher EPS is Profit Maximization Strategy. So, you should look for that Capital Structure Point where the Company's Stock Price is Highest.

Thanks!

4 0
2 years ago
In September 2000 the Pullman Group arranged a bond issue for the estate of the late Marvin Gaye. The collateral on the bonds (a
nata0808 [166]

Answer:

The bond will sell for the amount of $869.17

Explanation:

According to the given data coupon amount = 50/2 = 25

Therefore, in order to calculate the selling price of the bond we would have to make the following calculation:

selling price of the bond = 25 * PVIFA(3%,52) + 1,000 * PVIF(3%,52)

selling price of the bond= 25 * 26.1662 + 1,000 * 0.2150

 selling price of the bond= $869.17

The bond will sell for the amount of $869.17

6 0
3 years ago
Juarez Builders incurred $285,000 of labor costs for construction jobs completed during the month of August, of which $212,000 w
VikaD [51]

Answer:

                                                             Dr.            Cr.  

Work in progess                              139,000

Salaries and wages payable account                139,000

Explanation:

Direct Labor are charges to work in progress account and a payble is created as a result.

Total Labor cost = $212,000

Indirect cost = $73,000

Direct labor cost = $212,000 - 73,000

Direct labor cost = $139,000

3 0
2 years ago
Read 2 more answers
Other questions:
  • Sharon fell while making an inspection of a machine at work and in the fall, she broke her arm. can she collect workers' compens
    10·1 answer
  • Which is heavier 100 pounds or ROCKS! or a 100 pounds of feathers?
    14·2 answers
  • One of the advantages of starting your own business is
    9·2 answers
  • ​brooke's law states that adding more people to a late project makes the project​ ________.
    12·1 answer
  • Marker Corp. exchanged an old truck for a piece of equipment and cash on January 1st 2019. The truck was purchased at a cost of
    6·1 answer
  • Crestfield leases office space. On January 3, the company incurs $22,000 to improve the leased office space. These improvements
    5·1 answer
  • A company exchanged land and cash of $4,500 for similar land. The book value and the fair value of the land were $89,800 and $10
    14·1 answer
  • On January 1, 1999, Luciano deposits 90 into an investment account. On April 1, 1999, when the amount in Luciano’s account is eq
    8·1 answer
  • Charles Berkeley, Inc. just paid an annual dividend of $3.60 per share on its stock. The dividends are expected to grow at a con
    9·1 answer
  • How does the Hockey Stick of Human Prosperity demonstrate changes to economies? Include at least two
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!