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Andrews [41]
2 years ago
10

Kendra earns $10 per hour babysitting and $15 per hour providing tech support. Her goal is to save at least $1000 by the end of

the month while not working more than 80 hours. What is the fewest number of hours she could work and still meet her goal
Business
1 answer:
UkoKoshka [18]2 years ago
5 0

The fewest number of hours from the graph is 73 hours.

<h3>Equation</h3>

Equation is an expression used to show the relationship between two or more numbers and variables.

Let x represent the number of $10 course and y represent the number of $15 course.

Her goal is to save at least $1000, hence:

  • 10x + 15y ≥ 1000    (1)

Also:

  • x + y ≤ 80   (2)

The fewest number is (20, 53)

The fewest number of hours from the graph is 73 hours.

Find out more on equation at: brainly.com/question/2972832

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lpha Moose Transporters has a current stock price of $33.35 per share, and is expected to pay a per-share dividend of $1.36 at t
kirza4 [7]

Answer:

13.86%

Explanation:

Calculation to determine the flotation-adjusted (net) cost of its new common stock

Using this formula

Cost of new common stock(re) = [d1 / stock price (1-flotation cost)] +g

Let plug in the formula

Cost of new common stock(re)= [$1.36 / 33.35 (1 – 0.065)]+0.094

Cost of new common stock(re)= [$1.36 / 33.35 (0.935)]+0.094

Cost of new common stock(re)= [$1.36/31.182)+0.094

Cost of new common stock(re)=0.04361+0.094

Cost of new common stock(re)=0.1376*100

Cost of new common stock(re)=13.76%

Therefore the flotation-adjusted (net) cost of its new common stock will be 13.76%

5 0
3 years ago
John Peterson purchased a bond at a price far below its face value; it that makes no interest payments and will be redeemed at i
nadezda [96]

Answer:

zero-coupon

Explanation:

According to my experience with different investment assets, I can say that based on the information provided within the question he purchased a zero-coupon bond. This is an bond asset that the individual may redeem at the time of maturity for the same price that he purchased the bond. Just like mentioned in the question.

If you have any more questions feel free to ask away at Brainly.

7 0
3 years ago
A company reported net income of $9,660,000 for the year. There were 4.1 million shares of common stock outstanding at the begin
Anastaziya [24]

Answer:

$2.30

Explanation:

Total shares of common stock = 4,100,000 + 4,300,000 = 8,400,000

Weight of the beginning of the year common stock = 4,100,000 ÷ 8,400,000 = 0.49, or 49%

Weight of the ending of the year common stock = 4,300,000 ÷ 8,400,000 = 0.51, or 51%

Weighted average share outstanding = (4,100,000 × 49%) + (4,300,000 × 51%) = 4,202,000

EPS = Net income ÷ Weighted average share outstanding = $9,660,000 ÷ 4,202,000 = $2.30

6 0
3 years ago
On November 1, 2021, Vinfast Co. receives $3,600 cash from FPT Co. for consulting services to be provided evenly over the period
Sphinxa [80]

Answer: A. Debit to Unearned Consulting Fees for $1,200

Explanation:

Following the information given in the question, Vinfast Co. receives $3,600 cash from FPT Co. for consulting services to be provided evenly over the period November 1, 2021, to April 30, 2022.

Since we want to know the adjusting entry on December 31, 2021, a period form November 1, 2021 to December 31, 2021 is a period of two months out of the 6 months period. Therefore, the unearned consultancy fee will be:

= $3600 × 2/6

= $1200

Therefore, there'll be a debit to the unearned consulting Fees for $1,200. Also, there'll be a credit to the consulting fees earned account by $1200.

4 0
3 years ago
Ridgewood Company had the following ending balances on its financial statements: 2018 2019 2020 Prepaid insurance $1,400 $ 900 $
Radda [10]

Answer:

B $12,300

Explanation:

Note that the movements in the prepaid insurance account balance is as a result of payments and amortization of these expenses as they fall due. While additional payments increases the prepaid insurance balance, amortization reduces it.

Given that the ending balance in the Prepaid insurance account for 2018 is  $1,400. This is the opening balance for prepaid insurance in 2019. Given that the insurance expense for 2019 is $12,800 and the ending balance in the Prepaid insurance account for 2019 is $900

Let the amount paid in 2019 be r

Then

$1,400 + r - $12,800 = $900

r = $900 + $12,800 - $1,400

r = $12,300

The right answer is B $12,300

7 0
3 years ago
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