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Montano1993 [528]
3 years ago
11

From June to the end of September, Jennifer wants to save at least $1,500. Her monthly expenses are $600. Jennifer saves whateve

r money she has left after paying her expenses each month. Jennifer is scheduled to work 80 hours in September. Find the minimum sales she needs in September to meet her goal of saving at least $1,500.
Business
1 answer:
kakasveta [241]3 years ago
4 0

The minimum sales required by Jennifer to meet her savings goal must be $26.25 per hour or $2100 for September.

Given that,

Savings desired = $1500

Monthly expenses = $600

Let money earned by her every hour be x

No. of scheduled work hours = 80

So,

Total money earned for the month = 80 × x

= 80x

As we know,

Money left = Total money earned - expenses

= 80x - $600 ...(i)

A.T.Q.

Money left must be = $1500

Then, by putting the variables in equation (i), we get

80x - 600 = 1500

Now, solving for  x

80x - 600 = 1500

        +600 = + 600

_______________

80x = 2100

x = 2100/80

∵ x = 26.25

Thus, the required sales are $ 26.25 per hour or ( 26.25 × 80 = $2100) for the month of September.

Learn more about 'savings' here:

brainly.com/question/18051939

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Determining Amounts to be Paid on Invoices Determine the amount to be paid in full settlement of each of the following invoices,
ohaa [14]

Answer:

a. $19,500

b. $10,400

c. $7,448

d.  $3,467

e.  $3,168

Explanation:

The amounts for each cases are shown below:

a. Total amount paid equals to

= Merchandise amount - return and allowances

= $20,500 - $1,000

= $19,500

b. Total amount paid equals to

= Merchandise amount -  return and allowances - discount  + freight charges

= $11,400 - $1,400 - $100 + $500

= $10,400

The discount = (Merchandise amount -  return and allowances) × discount rate

= ($11,400 - $1,400) × 1%

= $100

c.  Total amount paid equals to

= Merchandise amount -  return and allowances - discount  

= $8,400 - $800 - $152

= $7,448

The discount = (Merchandise amount -  return and allowances) × discount rate

= ($8400 - $800) × 2%

= $152

d. Total amount paid equals to

= Merchandise amount -  return and allowances - discount  + freight charges

= $3,800 - $500 - $33 + $200

= $3,467

The discount = (Merchandise amount -  return and allowances) × discount rate

= ($3,800 - $500) × 1%

= $100

e.  Total amount paid equals to

= Merchandise amount -  discount

= $3,200 - $32

= $3,168

The discount = Merchandise amount × discount rate

= $3,200 × 1%

= $32

5 0
3 years ago
Matured Water Services had net income for the month of October of $ 50 comma 880. Assets as of the beginning and end of the mont
Lelu [443]

Answer:

12%

Explanation:

Given that,

Net income = $50,880

Asset at the beginning = 362,000

Asset at the end = 486,000

Average total assets:

= (Asset at the beginning + Asset at the end) ÷ 2

= (362,000 + 486,000) ÷ 2

= $424,000

Therefore,

ROA = Net income ÷ Average total assets

        = $50,880  ÷ $424,000

        = 0.12 or 12%

Therefore, the Matured Water Services' ROA for the month of October is 12%.

3 0
3 years ago
The amount of the estimated average income for a proposed investment of $60,000 in a fixed asset, giving effect to depreciation
katrin2010 [14]

Answer:

$5,400

Explanation:

Calculation to determine the estimated average income

Using this formula

Estimated average income=Expected total income yield/Useful life

Let plug in the formula

Estimated average income= $21,600 ÷ 4

Estimated average income= $5,400

Therefore the estimated average income is $5,400

3 0
3 years ago
Compound interest describes increases in value when interest is paid, or compounded, on: ____________ A. Only the original amoun
exis [7]

Answer:

C. The original amount invested and previously paid interest payments

Explanation:

Compound interest is the interest calculations that take into account the principal amount and the interest payment summed up to calculate the subsequent interest payment. For example in year 0 there was an investment of 1000 and 10% interest payable annually,

Year 0 = 1000

Year 1 = 1000 + 100 (here hundred is the interest payment)

Year 2 = 1000 + 100 + 110 (110 is the compounded interest on 1000 +100 from previous periods)

Hope that helps.

8 0
3 years ago
Не могли бы вы оставить этот вопрос без ответа?
sveta [45]

Answer:

what happpend?

Explanation:

7 0
3 years ago
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