A bank account that permits direct payment to a third party is

George saves 18% of his total gross weekly earnings from his 2 part-time jobs. he earns $6.25 per hour from one part-time job an

mote1985 [20]

The correct answer is - the number of hours he works at each job.
If we have the number of hours he works for each job separately, then we will be able to take out a percentage of the earnings from both of the jobs separately. We will than get the sum of the percentages if both of them, and have the real amount of George's weekly savings.

8 0

3 years ago

Read 2 more answers

In April, one of the processing departments at Terada Corporation had beginning work in process inventory of $37,000 and ending

Alborosie

Answer:

total cost to be accounted = $297000

Explanation:

given data

beginning work in process inventory = $37,000

ending work in process inventory = $43,000

costs added to production = $260,000

cost of units transferred out = $254,000

solution

we get here total cost to be accounted that is express as

total cost to be accounted = ending work in process inventory + cost of units transferred out ......................1

put here value and we will get

total cost to be accounted = $43,000 + $254,000

total cost to be accounted = $297000

3 0

2 years ago

I hope that if you graduate, what can you do for this company better?

Fed [463]

Answer:

I be confident for your company

3 0

2 years ago

On July 1, an investor holds 50,000 shares of a certain stock. The market price is $30 per share. The investor is interested in

Yakvenalex [24]

Answer:

The strategy the investor should follow is to short 26 contracts of September Mini S&P 500 futures.

Explanation:

Provided information;

Amount of shares of a certain stock =50,000

The market value per share = $30

Portfolio value= P = 50,000 × 30 = $1,500,000

Beta of stock β = 1.3

current Index futures price = 1,500

Multiplier = $50

Futures Value A = 1,500 × 50 = $75,000

The formula used in calculating the number of contracts =

Number of contracts N = (β × P) ÷ Future values

N = (1.3 × $1500000) ÷ $75000

N = $1950000 ÷ $75000

Number of contracts N = 26

The strategy the investor should follow is to short 26 contracts of September Mini S&P 500 futures.

5 0

3 years ago

Degree of Operating Leverage Chillmax Company plans to sell 3,500 pairs of shoes at $60 each in the coming year. Unit variable c

Anna11 [10]

Answer:

1.8

Explanation:

Sales= $60

Variable cost= $21

Quantity= 3,500 pairs of shoes

Fixed operating cost= $58,500

The first step is to calculate the total contribution margin

= sales-variable cost × Quantity

= $60-$21 × 3500

= $39 × 3500

= $136,500

The operating income can be calculated as follows

= Sales - variable cost × Quantity - fixed operating costs

= $60-$21×3500-58,500

= $136,500-58,500

= $78,000

Therefore the degree of operating leverage can be calculated as follows

= Total contribution margin/Operating income

= 136,500/78,000

= 1.8

Hence the degree of operating leverage is 1.8

3 0

2 years ago