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Mila [183]
2 years ago
13

Jill owns a salon and she submit a PPP loan application . Jill is a sole proprietorship with no employees. Jill submit her 2019

IRS Form and schedule C her Gross sales were $36,000 and her net profit loss was $12,000. What is the maximum possible PPP loan amount ?
Mathematics
1 answer:
aleksandr82 [10.1K]2 years ago
3 0

Answer:

Jill's maximum possible PPP loan amount is $2,500

Step-by-step explanation:

The given parameters of the PPP loan application applied to by Jill is as follows;

Jill submits her 2019 IRS Form Schedule C with Gross Sales = $36,000

The net profit loss = $12,000

Therefore, Jill's monthly average net profit = $12,000 ÷ 12 = $1,000

Jill's PPP loan amount = 2.5 × Her monthly net profit

∴ Jill's maximum possible PPP loan amount = 2.5 × $1,000 = $2,500

Jill's maximum possible PPP loan amount = $2,500

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Juan went out to eat dinner, and the meal cost $60.00. If Juan received an 18% discount, what was the total value of the discoun
DaniilM [7]

Answer:

The total value of the discount was $10.80.

Step-by-step explanation:

Since we are finding the value of the discount, we just need to find 18% of 60.

We can convert 18% into a decimal.

18%=0.18

Multiply.

0.18*60=10.8

The total value of the discount was $10.80.

6 0
3 years ago
Choose the correct answer.
Morgarella [4.7K]

Answer: Oh the answer is 30.00

Step-by-step explanation:

4 0
3 years ago
Read 2 more answers
Mrs. Miller sells a house for 179,000. If she earns a commission of 6%, how much money does she earn? ( can u also show me how u
Kryger [21]

Hi there!

Mrs. Miller earns a commission of 6% of 179,000

The word "of" is the same thing as a multiplication sign.

6% of 179,000 = 6% × 179,000

6% = 0.06

6% × 179,000 = 0.06 × 179,000

0.06 × 179,000 = 10,740


Your answer is: Mrs. Miller earns $10,740 of commission.


There you go! I really hope this helped, if there's anything just let me know! :)

5 0
3 years ago
Researchers have found that after 25 years of age the average size of the pupil in a
laila [671]

Answer:

At 25 = 6.8612mm

At 50 years = 5.422mm

Step-by-step explanation:

Equation,

d = 2.115Logₑa + 13.669

d = diameter of the pupil

a = number of years

Note : Logₑa = In a (check logarithmic rule)

d = 2.115Ina + 13.669

1. At 25 years,

d = -2.115In25 + 13.669

d = -2.115 × 3.2188 + 13.669

d = -6.807762 + 13.669

d = 6.8612mm

At 25 years, the pupil shrinks by 6.86mm

2. At 50 years,

d = -2.1158In50 + 13.669

d = -2.1158 * 3.912 + 13.669

d = -8.2770 + 13.699

d = 5.422mm

At 50 years, the pupil shirks by 5.422mm

To save this question, I had to plug in the values into the equation.

Solving for Logₑa might be difficult, so instead I used Inx which is the same thing. Afterwards, i substituted in the values and solve the equation for each years.

8 0
3 years ago
Which algebraic expression is equivalent to the expression below? ( t/3 + 12) + (t/9 + 6)
drek231 [11]

Answer:

4t/9 + 18

Step-by-step explanation:

7 0
2 years ago
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