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mel-nik [20]
3 years ago
10

Bruce is a single father with 1 child. He can work as a bagger at the local grocery store for $6 per hour up to 1,200 hours per

year. He is eligible for welfare, and if he does not earn any income, he will receive $15,000 a year. If Bruce works, the government policy is to deduct 60 cents from his welfare stipend for every $1 that he earns in income. With this policy in place, if Bruce works 600 hours, his income will be_______
Business
1 answer:
nirvana33 [79]3 years ago
6 0

Answer:

Total Income=$16,440

Explanation:

Number of working hours allowed=1,200 hour per year

Amount paid =$6 per hour

Welfare amount, if Bruce does not work=$15,000

If Bruce works, deduction on 1$=$0.60 or 60 cents

Bruce worked per year=600 hours

Required:

Income of Bruce=?

Solution:

Income from working=600*6

Income from working=$3,600 per year

Amount received from Welfare=$15,000- (3,600*0.60)

Amount received from Welfare=$12,840

Total Income=Income from working+Amount received from Welfare

Total Income=$3,600+$12,840

Total Income=$16,440

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A bottling plant fills 1,200 bottles every two hours. The lead time is 60 minutes and a container accommodates 130 bottles. The
sergij07 [2.7K]

Answer:

6

Explanation:

Given that

Annual Demand = 10 bottles in 1 minute

Leading time = 60 minute

percentage of Safety stock = 0.2

Container size= 130 bottles

The computation of the number of kanban cards is given below:-

= Annual demand × Leading time (1 + percentage of safety stock) ÷ Container size

= 10 × 60 (1 + 0.2) ÷ 130

= 600 (1.2) ÷ 130

= 5.538

So, the round-up the next whole number is 6

3 0
3 years ago
Which is an example of outsourcing?
Ray Of Light [21]

Answer:

D

Explanation:

Outsourcing refers to a practice where a firm seeks out an external party to provide services that would have otherwise been provided by staff of the firm. Here a customer assistance center in India is contracted. One of the advantages of outsourcing is that it results in cost savings.

However, confidentiality of company information could be compromised via outsourcing, and competitors could have access to trade secrets of such firms.

5 0
4 years ago
Goodwin Technologies has been wildly successful but has yet to pay a dividend.
nydimaria [60]

Answer and Explanation:

The computation is shown below:

Year       Cash flow            PVF at 12%         PV at 12%

D0             0            0            1                         0

D1              0            0            0.89286                 0

D2             0            0            0.79719                  0

D3            2.25       2.25       0.71178               1.601505  (A)

D4   2.25 × 1.117^1 = 2.51325 0.63552           1.597221  (B)

D5   2.25 × 1.117^2 = 2.80730 0.56743          1.592946  (C)

Now

Horizon Value at  D5 is      

= Next Year Dividend  ÷ (Required Rate  -Growth rate)    

= (2.25 × 1.117^2 × 1.036) ÷ (0.12 - 0.036)

                34.6234  34.6234 0.56743             19.64634  (D)

Current Value                                                    24.43801  (A + B + C + D)

Horizon Value = 34.62    

Intrinsic Value = 24.43

Now  

Current expected dividend yield is

= Dividend  ÷ Market Price

= 0 ÷ 24 ÷ 43

= 0 %

And, the minimum expected capital yield should be equivalent to the required rate of return i.e 12%

The company should not paying the dividend because it involves various reasons lime expansion plans, seasonal & cyclical sales, buy back shares

5 0
3 years ago
The differences between uninsurable and insurable risks
Varvara68 [4.7K]
Uninsurable risk is one where the insurance company cannot calculate the probability of the risk occurring which can happen due to numerous reasons. An insurable risk is one where the calculations can be made and the premium that gets paid is determined.
3 0
3 years ago
Read 2 more answers
Techno Company sells mobile phones worldwide. The company expects to sell 4100 comma 100 mobile phones for $ 185 each in January
Serggg [28]

Answer:

See the explanation below.

Explanation:

Note: The 4,100 correct units for January is used instead of the mistakenly written one in the question.

1. Prepare the sales budget for January and February.

January sales revenue budget =  4,100 * $220 = $902,000

February sales revenue budget = 3.800 * $220 = $836,000

2. Prepare the​ company's cost of goods​ sold

Cost of good sold

January cost of good sold budget = $902,000 * 50% = $451,000

February cost of good sold budget = $836,000 * 50% = $418,000

Inventory

March sales revenue budget = 4.600 * $280 = $1,288,000

March cost of good sold budget = $1,288,000 * 50% = $644,000

January ending inventory = $9,000 + (50% * $418,000) = $218,000

February ending inventory = $9,000 + (50% * $644,000) = $331,000

Purchase

Beginning inventory + Purchases - ending inventory = cost of good sold

Purchases = Cost of good - Beginning inventory + Ending inventory

January purchases budget = $451,000 - 0 + $218,000 = $699,000

February purchases budget = $418,000 - $218,000 + $331,000 = $531,000

3 0
3 years ago
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