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AlexFokin [52]
3 years ago
8

Again, consider Sharon, a single mother with two children under 18 who earns an annual income of $16,000. Suppose that Sharon qu

alifies for a
welfare program for single mothers that provides her with $500 cash for each child (a total of $1,000, since Sharon has two children). After receiving
welfare, is Sharon's family living in poverty?

O Yes
O No

Business
1 answer:
Mrac [35]3 years ago
7 0

Sharon and two kids makes 3 people total with both kids being under 18, the poverty level from the table is $20,231

She gets $1000 a month for her kids. 1000 x 12 months = $12,000 per year

12,000 + her annual salary = 12,000 + 16,000 = $28,000 per year.

28,000 is greater than 20,231 so she is not living in poverty.

The answer is no

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Ramkissoon Midwifery's cost formula for its wages and salaries is $2,060 per month plus $442 per birth. For the month of July, t
OlgaM077 [116]

Answer:

option (a) $2,052 U

Explanation:

Data provided in the question:

Ramkissoon Midwifery's cost formula for its wages and salaries

= $2,060 per month + $442 per birth

Total number of births = 117

Actual births = 114

Actual wages and salaries for the month = $54,500

Now,

Spending variance =  standard cost - Actual cost

or

= ( $2,060 × 1 ) + ( $442 × 114 ) - $54,500

= $2,060 + $50,388 - $54,500

= - $2052 or $2,052 U

Hence,

The answer is option (a) $2,052 U

6 0
3 years ago
REGALO MAS PUNTOS...................................
siniylev [52]

Explanation:

Don't understand your language !!

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#sorry ...

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7 0
3 years ago
Which part of the federal reserve system is primarily responsible for supervising financial institutions and sending bank examin
cluponka [151]

Jurisdiction of agency's government: reserve system is primarily responsible for supervising financial institutions and sending bank examiners.

<h3 /><h3>What are the different types of jurisdiction?</h3>

some of the type of Jurisdiction are given below-

  •    Subject-Matter Jurisdiction.
  •    Territorial Jurisdiction.
  •    Personal Jurisdiction.
  •    General and Limited Jurisdiction.
  •    Exclusive / Concurrent Jurisdiction.

Thus, it is Jurisdiction of agency's government:

For more details about different types of jurisdiction, click here:

brainly.com/question/15345352

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7 0
2 years ago
Fanatics Company is preparing monthly cash budgets for the first quarter of the year. Monthly sales revenue in this quarter is e
blagie [28]

Answer:

Instructions are below.

Explanation:

Giving the following information:

Sales:

January= $18,500

February= $16,000

March= $11,000.

All sales are made on open credit with 70% collected in the month of sales and 30% collected in the following month.

Cash collection= sales for the month*0.7 + cash from the month before

February:

From february= 16,000*0.7= $11,200

From January= 18,500*0.3= $5,550

Total= $16,750

March:

From March= 11,000*0.7= $7,700

From February= 16,000*0.3= $4,800

Total= $12,500

4 0
3 years ago
Effect of Doubtful Accounts on Net Income During its first year of operations, Mack's Plumbing Supply Co. had sales of $260,000,
attashe74 [19]

Answer:

Amount of net income would be $28,050

Explanation:

First year:

Sales = $260,000

Write off = $4,000

Reported net income = $28,600

Second year:

Sales = $312,00

Write off = $4,800

Reported net income = $31,200

Amount of net income if the allowance method had been used, and the company estimated that 1-3/4% of sales would be uncollectible:

= $28,600 + $4,000 – ($260,000 × 1-3/4%)

= $28,600 + $4,000 - $4,550

= $28,050

4 0
4 years ago
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