fran's salaray as an actuary is = $48,000.
She makes x dollars as a writer and x dollars as an actuary.
The result of adding those is 4x = 40000 + A.
where A is equal to (3x)/2, the annual wage of her brother.
When x solves the equation 4x=40 000 Plus (3x)/2,
x=16 000.
Therefore, her actuarial pay is
3 × $16,000
= $48,000.
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john is thinking of opening a florist shop. he forecasts revenues of $200,000 per year and explicit financial costs of $140,000 per year. he can pursue this opportunity only if he quits his current job as a driver, where he earns $45,000 per year. he would also need to invest $110,000 of his savings to set up the shop—funds on which he would otherwise be earning a 6% return. based on this information, how much economic profit or loss would john earn in his first year in business?
John is considering opening a flower shop. He projects $200,000 in annual revenues and $140,000 in stated financial expenses. He earns $45,000 a year as a driver, and in order to explore this opportunity, he must resign from that position. In order to open the store, he would also need to invest $110,000 of his savings, money on which he would otherwise be earning a 6% return. What kind of financial gain or loss would John experience in his first year of operation based on the information provided? a $8,400 profit
The term "profit" refers to the financial gain realized when the income from a commercial activity exceeds the expenses, charges, and taxes incurred to maintain the activity in question. Any profits are returned to the business's owners, who have the option of keeping them for their personal use, paying dividends to shareholders, or investing them back into the business. Profit is the money that remains after all expenses have been paid. A lemonade stand or a publicly traded global organization, making money is the main goal of any business. As a result, a company's success is determined by its profitability in all forms. Businesses reveal their gross profit, operating profit, and net income for accounting purposes.
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a store owner sells an item at a 20% discount but still makes a gross profit of 20% of the cost. what percent of the cost would the gross profit on the item have been if the item had been sold without the discount?
That will be 16.67% as 20/120×100
If the profit is 20% on sale then it will be 25% on cost
Cost + profit = sales
Eg. Cost=80 ,profit=20, then selling price is 100.
20/80, or 1/4, is the profit to cost ratio.
Ratio of profit to sales is 20/100 i.e.. 1/5
What Is Gross Profit?Gross profit is the money a company makes after deducting its expenses for manufacturing, distributing, and offering its products or services to customers. A company's income statement will show gross profit, which is derived by deducting the cost of goods sold (COGS) from revenue (sales). The income statement of a business will contain these numbers. Sales profit or gross income are other names for gross profit.
For instance, under absorption costing, each widget would have a cost of $3 if a factory produced 10,000 widgets in a particular period and the business paid $30,000 in rent for the facility.
Operating profit and gross profit are two different concepts. By deducting operating expenses from gross profit, operating profit is calculated.
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two years ago, you purchased 220 shares of ibm stock for $124 a share. today, you sold your ibm stock for $142 a share. for this problem, ignore commissions that would be charged to buy and sell your ibm shares and dividends you might have received as a shareholder. quizlet
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two years ago, you purchased 220 shares of ibm stock for $124 a share. today, you sold your ibm stock for $142 a share. for this problem, ignore commissions that would be charged to buy and sell your ibm shares and dividends you might have received as a shareholder.
which taxpayer(s) will be required to file a 2021 federal income tax return? none of the individuals are blind.
With a gross income of $4,300, Antonio (33), His marital status is filed separately.
What Is a Taxpayer?A taxpayer is anyone who owes taxes to the federal, state, or municipal governments, whether they are an individual or a corporation. Governments primarily obtain their funding through taxes, which are levied on both citizens and companies. Individual taxpayers in the US are often required to submit and pay both federal and state tax returns each year. Businesses must also submit yearly returns, although they often budget for and make scheduled anticipated tax payments all year long.
The federal, state, and municipal governments all play a role in enacting and enforcing the U.S. tax system. The major regulatory body in charge of enforcing the established income tax system for both individuals and corporations is the Internal Revenue Service (IRS).
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Your friend is hoping to buy a home in the next few years. What should your friend know about the process of finding and paying for a new home? Then consider what you learned in the Wk 3 Learning Path video, "Demonstration Problem Video 6.5: Calculating an Affordable Home Price" in WileyPLUS. How would your friend determine what is affordable?
Answer:
Following are the solution to the given question:
Explanation:
To purchase a new home, they should first be able to afford a way which will have houses itself on budget and should be able to check all similar houses in the area but in others. To pay for the new house, he may pay directly if he does have the amount of money, or if he's had a home mortgage that is also recognized as a car loan, meaning according to his credit history, he receives a loan against the price of a property he plans for purchase, and therefore, that interest rate is decided.
To order to calculate what is reasonable, they need to find out just how much cash he has as well as how many loans he would pay to be compensated for by the EMI on schedule.He should be good at all the financial products he allows usage of it for a better credit record. For a successful FICO score to also be kept, the individual needs to pay the credit card debts and other expenses, like utilities or electricity. He must not make many banks' loan applications since the more requests he creates, and the affected is his FICO score, spoiling the credit record.The marginal utility per dollar spent on the last orange consumed is 75. If the price of an apple is $0. 50, how many apples would johnny have to consume before he considers purchasing another orange?.
4 apples would Johnny have to consume before he considers purchasing another orange.
What is marginal utility?The additional pleasure or benefit (utility) a customer obtains by acquiring an additional unit of a good or service is referred to in economics as marginal utility. The idea suggests that a consumer's utility or profit from acquiring an additional unit of a product is inversely related to the number of units he already owns of that product.
The scenario below provides a concrete illustration of marginal utility. Given that the family will be proportionately less hungry and that there are only seven slices of bread available, one additional slice of bread will have a considerable marginal benefit. However, since the difference between 30 and 31 is proportionally lower and the family's need has already been satisfied by what it already possesses, an extra piece of bread supplied to them will have less marginal benefit. As a result, as a customer buys more and more of a product, his marginal utility declines until he reaches a point where he has absolutely no need for any more units. Therefore, the marginal utility is zero.
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when did nations start to leave the eu?
Answer:
1979
Explanation:
Chaz has an idea for a service business. It has worked well in other markets, and Chaz sees no reason why it should not work locally. The service involves renting DVDs about colleges and universities to high school students. The colleges Chaz has contacted are all for it, and the students he has talked to are excited about the idea as well. However, the three banks from which he has tried to borrow money to set up his business are skeptical. They have all turned him down for a loan.
Answer: Networking
Explanation:
Networking had to do with the interaction with other people in order to exchange information and for social and professional development.
Since the three banks from which he has tried to borrow money to set up his business are skeptical and they have all turned him down for a loan while the colleges Chaz has contacted are all for it, and the students he has talked to are excited about the idea as well, he should network so that he can be able to get the required fund to set up the business and also get professional advice.
checking the purchase order upon delivery of products to a warehouse ensures that
a. the order was actually made in the quality is correct
b. The items were purchased at the lowest possible price
c. The items work as advertised
d. there will be enough storage space to house the items
Answer:
i believe it is a.
Explanation:
im not sure but this sounds the most reasonable
Which type of insurance covers individuals by giving them a
portion of their wages in the event that they are unable to work for
a long period of time due to illness or injury?
O Collateral
O Disability
O Liability
O Property
Answer:
Disability
Explanation:
Disability insurance offers protection against the loss of income due to disability or sickness. This insurance policy provides income to the insured if they are unable to work as a result of a disability or serious illness. Disability insurance coverage is available from private insurance companies and government-backed programs.
Answer:
Disability
Explanation:
A company introduces a new product at low pricing to help capture a large market share early this is called
A company introduces a new product at low pricing to help capture a large market share early this is called price skimming.
When a new type of product enters the market, price skimming is often used then. The goal here is to gather as much revenue as possible while the consumer demand is high and competition has not entered the market.
So once these goals are met, the original product creator will mostly lower prices in order to attract more cost-conscious buyers while remaining competitive toward any lower-cost similar items entering the market.
Hence, firms often use price skimming in order to recover the cost of development.
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Complete the following sentence.
The acronym ADA stand for
(tourism)
Answer:
Americans with Disabilities Act
Explanation:
:)
what's the difference between commingling and conversion? unset starred question commingling involves client funds; conversion involves your own funds. commingling is mixing client funds with your own; conversion is using them. only commingling is illegal. they’re essentially the same thing.
Commingling is mixing client funds with your own; conversion is using them.
What is Commingling ?The legal definition of commingling in real estate refers to the depositing of money by the party receiving it, such as the tenant's landlord or property manager, or the managing partner of the LLC, after it has been received from one party, such as a tenant or limited liability company (LLC) partner.
If a landlord keeps the tenant's security deposit in the same account as their own or their company's money, this is known as "commingling" in a landlord-tenant relationship. Commingling occurs in an LLC when monies from all members are combined in the business operating account before being invested according to the terms outlined in the LLC operating agreement.
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fixed-income, otherwise known as securities, promise either a fixed stream of income or a stream of income that is determined according to a specific formula.
Fixed income, otherwise known as Debt securities, promise either a fixed stream of income or a stream of income that is determined according to a specific formula.
Why is fixed-income called fixed-income?Government bonds, municipal bonds, corporate bonds, asset-backed securities like mortgage-backed bonds, and corporate bonds all fall under the umbrella term "fixed income." They are referred to as "fixed income" assets because they generate a return in the form of regular, fixed payments.
A fixed amount of interest is paid to investors in the form of coupon payments by fixed-income securities, which are debt instruments. While the invested principal is returned to the investor at maturity, the interest is typically paid on a semi-annual basis. In terms of fixed-income securities, bonds are the most popular type.
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kela corporation reports net income of $540,000 that includes depreciation expense of $73,000. also, cash of $57,000 was borrowed on a 3-year note payable. based on this data, total cash inflows from operating activities are:
According to the information provided, Kela Corporation has a total cash inflow from operating activities of $613,000.
What does operating activity cash flow mean?Cash flow from operating activities refers to the earnings a company makes from ongoing, regular business activities like creating and selling products or providing clients with services (CFO).
Based on the information provided:
You can determine the total cash inflows from operating activities as follows:
= Net income+depreciation
= $540,000+$73,000
= $613,000
Therefore, According to the information provided, Kela Corporation has a total cash inflow from operating activities of $613,000.
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oncurrent activities are: activities that must be done one after the other. activities that can be performed at the same time. activities that use labor from the sa
Concurrent activities are activities that can be performed at the same time.
Concurrent activities involve tasks that can be performed at the same time. It refers to projects that can accommodate multiple interest to be finished at a same in time. In serial sports, the project graduation or completion depends on others, while concurrent duties can be done without relying on others.
Concurrent challenge management is clearly the powerful integration of all capabilities and tactics which might be needed during the implementation of a project plan. It often focuses on the objective of moving era to market faster and greater predictably.
Matters which can be concurrent commonly not only occur on the same time but are also similar to each different. So, for instance, multitasking computers are able to appearing concurrent tasks. When we take multiple medication at a time, we run the risks involved with concurrent drug use.
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20) Vhich business organization is described by the following list? (SSEMI3A DOK: 2)
Omer makes all decisions
Easy to start
Unlimited liability
Limited access to funds
o
o
A. Sole proprietorship
B. Partnership
C. Corporation
D. Business Franchise
Answer:
A. Sole proprietorship
Explanation:
A sole proprietorship is a business owned by one person. The owner is responsible for making all business decisions like the products or services to sell, its location, the hours, and mode of operations. The owners enjoy all the profit by themselves. A sole proprietorship is the easiest form of business structure to start. The owner only needs to register it and obtain a license from the local authorities.
Some of the drawbacks of a sole proprietorship or sole trader are a limited source of capital and unlimited liabilities to the debts of the company. Since the business is owned by a single individual, capital is contributed by that one person only. The law treats a sole proprietorship business and the owner as one entity. Business profits are the owner's profits, and so are the debts.
if you earn 8% per year on your bank account, how long will it take for an account with $115 to double to $230?
Answer:
3
Explanation:
Step 1: 115×0.8=92
Step 2: 230÷92=2.5
Step 3: If the number after the decimal point is 5 or more you round the decimal to the nearest whole number.
Step 4: Answer = 3
Why is communism disappearing?
Answer:
communism is disappering Because of the overpowering status of Capitalism.
Explanation:
Given below are lease terms at the local dealership. What is the total cash
due at signing?
Terms:
• Length of lease = 24 months
• MSRP of the car = $17,500
• Purchase value of the car after lease = $9900
• Down payment = $2400
• Monthly payment = $425
• Security deposit = $375
• Acquisition fee = $500
Answer:
$3700
Explanation:
The items that have to be paid for at the signing include
1. The deposit: $,2,400.00
2. Monthly payments : $425.00
3. Security deposit: $375.00
4. Acquisition fee: $ 500.00
Total due $3,700.00
Answer:
$3700
Explanation:
Took the test, this is the correct answer.
service jobs such as stock market analyst, product manager, and public accountant are most closely related to which line function in an organization?
Service jobs such as stock market analyst, product manager, and public accountant are most closely related to the line function in an organization called Operations
What is an Organization?This refers to the firm or company that has different workers that achieve a common goal
Hence, we can see that Service jobs such as stock market analyst, product manager, and public accountant are most closely related to the line function in an organization called Operations
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maria wishes to buy gasoline and have her car washed. she finds that if she buys 9 gallons of gasoline at $2.50 per gallon, the car wash costs $2, but if she buys 10 gallons of gasoline, the car wash is free. for maria, the marginal cost of the tenth gallon of gasoline is group of answer choices zero.
$2.50 is the appropriate answer.
The Function of Marginal Cost
Marginal cost is a word used to explain the increase or decrease in cost of goods or services due to the addition of a new customer. It is also known as incremental cost in other contexts.
The variation in total cost caused by raising the quantity produced in economics is known as the marginal cost, often known as the cost of producing more.
It can be used to describe an increase of one unit of production in some contexts and the rate of change of total cost as output grows slightly in others.
The marginal cost (MC), assuming the cost function (C) is continuous and differentiable, is the first derivative of the cost function with respect to the output.
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Why would a health insurance company charge a higher premium to a tobacco user?
Tobacco use is a voluntary behavior.
Without higher premium prices for tobacco users, nonusers end up paying for users' claims.
Tobacco use causes significant health issues.
Using tobacco products is very expensive.
Tobacco users are at a higher risk of failing to pay their premiums on time.
Answer:
Tobacco use causes significant health issues.
Explanation:
When insurance coverage commences, the insurance company assumes all the risks associated with the insurance policy issued. For medical insurance, the insurance company will cater to the insured medical bills should the need arise. For this reason, insurance firms evaluate different risk parameters when deciding on the premiums to charge for insurance coverage.
Tobacco is known to cause health issues in smokers. Tobacco smokers are more likely to develop health complications at some point in their life. They present a higher risk for insurance companies. Insurance companies will charge them higher premiums to cover the increased risk caused by smoking tobacco.
Answer:
a, b, c
Explanation:
rundle corporation incurs the following annual fixed costs: item cost depreciation $68,000 officers’ salaries 180,000 long-term lease 60,000 property taxes 8,000
Rundle Corporation makes the following annual fixed costs:
Item Cost in
Depreciation = $68,000
Officers’ salaries =180,000
Long-term lease = 60,000
Property taxes = 8,000
Determining the total fixed cost per unit of production, assuming that Rundle produces 4,000, 4,500, or 5,000 units.
Units Produced
$316,000 / 4,000 = $79
$316,000 / 4,500 = $70
$316,000 / 5,000 = $63
The phrase "fixed cost" describes a cost that stays the same regardless of how many products or services are produced or sold. Fixed costs are outlays that a corporation must cover regardless of any particular business operations.
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a company paid $37,800 cash to acquire stock investments with insignificant influence. the correct entry to record the purchase of the investment is:
A company paid $37,800 cash to acquire stock investments with insignificant influence. the correct entry to record the purchase of the investment is debit stock investment.
Making an investment entails using money now in the hopes that it will appreciate later. An investment is putting capital to use, such as time, money, effort, etc., with the hope of receiving a larger return than what was initially invested.
Business investment refers to an investor's use of capital to conduct business through the formation of a business organization, the purchase of shares of stock in a business organization, the execution of investment projects, or the drafting of contracts for the purchase of capital.
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which type of financing product provides you an unlimited credit line as long as the balance is paid within 30 days?
Credit cards provide you with an unlimited credit line as long as the balance is paid within 30 days.
No single credit card is the best for everybody. all of it depends on how you use your credit score and how strong your credit score is.
A rewards credit card offers you a touch something back with every purchase you're making — usually cash back or journey factors or airline miles. these cards are quality for people who can pay their credit score card bills complete every month. If you bring stability from one month to the following, the hobby you pay will eat up the fee of your rewards.
A 0 percentage credit score card is good if you're seeking to finance a big buy or pay down high-interest debt by way of manner of a stability transfer. In case you have a tendency to carry a stability month to month, look for a card with a low ongoing interest fee.
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Which of these events would indicate a movement along a supply curve for batteries? (SSEMI22
DOK: 2)
A. Workers at a major battery factory go on strike and stop production.
B. A new law requires battery manufacturers to spend more money on environmentally-sound trash
disposal.
C. The price of eight AA batteries increases from $3.50 to S3.95 a set.
D. A new trade agreement enables stores to import foreign batteries.
Answer:
C. The price of eight AA batteries increases from $3.50 to S3.95 a set.
Explanation:
A product's price change is the sole reason for movement along the supply curve. The supply curve demonstrates the relationship between the price and the supply of a product. As per the law of supply, suppliers will supply more at higher prices.
A supply curve shows the volume that supplies will be ready to supply at different prices. An increase or decrease in price will cause the quantity of supply to change, as indicated by movement along the supply curve.
Why are the jobs of the president, the congress, and the supreme court much busier today than they were two hundred years ago?.
Technology is the jobs of the president, the congress, and the supreme court much busier today than they were two hundred years ago.
Presidential power has grown substantially over the years. One essential cause for that is that as the function of the federal authorities has grown and the US. has endured wars and other fundamental crises, residents have looked to the presidency for leadership.
Presidential power has improved through the years, now not because of adjustments inside the constitution, but due to America's boom as a kingdom, its emergence as a dominant actor in worldwide politics, the growth of the federal government, and various acts of rules that have given new authority to the president.
Increased obligations, conflict, economic, emergencies, the charter is indistinct, government orders, herbal failures.
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What do most businesses use to store information for future use?
Answer:
Flash Memory Thumb Drives.
Explanation:
For storing information in the future, most businesses make use of Flash Memory Thumb Drives. With Flash Memory Thumb Drives, you can connect to a PC USB port in an attempt to back up your files on the go.
based on rankings by forbes in 2003, the second-largest source country of multinational enterprises was .
based on rankings by forbes in 2003, the second-largest source country of multinational enterprises was Japan.
What is multinational enterprises?
A corporate entity that owns and manages the production of goods or services in at least one nation other than its own is referred to as a multinational firm. Coca-Cola, Unilever, Pepsi, Starbucks, McDonald's, BMW, Suzuki, Samsung, etc. are a few instances of international corporations.
Therefore,
based on rankings by forbes in 2003, the second-largest source country of multinational enterprises was Japan.
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