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1 year ago

Dr. McCoy earns $51,233 teaching at the university. What is his weekly salary?

Business

1 answer:

lesya692 [45]1 year ago

3 0

Answer:

$985.25

Explanation:

The $51,233 is Dr. McCoy's annual salary; the total amount she earns in a year

We have about 52 weeks in a year

To determine the weekly salary, you will set up the equation like this;

If 52 weeks = $51,233

then 1 week = ?

Multiply 1 by $511,233 ; 1 * 51,233 =$51,233

Next, divide the above $51,233 by 52;

$51,233/ 52 = $985.25

Her weekly salary is therefore $985.25

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Blossom Company purchased equipment for $303,200 on October 1, 2020. It is estimated that the equipment will have a useful life

givi [52]

Answer:

Answer A = $9,000

Answer B = $6,400

Answer C = $7,632

Answer D = $54,000

Answer E = $71,063

Explanation:

[ find attachments for complete solutions]

Note: Complete question is attached to the attachment section

5 0

2 years ago

andy Bank, Inc., makes one model of wooden canoe. and, the information for it follows: Number of canoes produced and sold 450 65

Illusion [34]

Answer:

Results are below.

Explanation:

To calculate the break-even point in units and dollars, we need to use the following formulas:

Break-even point in units= fixed costs/ contribution margin per unit

Break-even point in units= 187,200 / (500 - 140)

Break-even point in units= 520

Break-even point (dollars)= fixed costs/ contribution margin ratio

Break-even point (dollars)= 187,200 / (360 / 500)

Break-even point (dollars)= 187,200 / 0.72

Break-even point (dollars)= $260,000

Now, to calculate the margin of safety for 700 units, we need to use the following formulas:

Margin of safety= (current sales level - break-even point)

Margin of safety= (700*500) - 260,000

Margin of safety= $90,000

Margin of safety ratio= (current sales level - break-even point)/current sales level

Margin of safety ratio= 90,000 / 350,000

Margin of safety ratio= 0.2571

Finally, the desired profit is $110,000:

Break-even point in units= (fixed costs + desired profit) / contribution margin per unit

Break-even point in units= (187,200 + 110,000) / 360

Break-even point in units= 826

8 0

1 year ago

4. Human judgment and experience can play a role in the advent of stock market crash because

notka56 [123]

Answer:

Investors with an experience of financial crises are better at diversifying their portfolios

Explanation:

When an investor has experienced a financial crisis in the past, and decides to diversify his investment portfolio as a result, he is using both human judgment and experience to take the best decisions available to him.

Diversifying your investment porftolio is a good decision because it reduces risk (although it may also reduce profitability so there is a trade-off). Investors with past experience tend to spread their investments in order to reduce risk and avoid large losses. They do this because they see the possibility of a new financial crisis in the near future.

8 0

2 years ago

Wrongful Discharge. Stephen Fredrick, a pilot for Simmons Airlines Corp., criticized the safety of the aircraft that Simmons use

kogti [31]

Answer:

Really want to help but I cant . Maybe next time I can help Maybe not but because we dont meet again

By the way .... this Virus.

mmuah thabks for the points

7 0

1 year ago

On February 1st, H&B Bank originated a loan for $50,000 at an interest rate of 7.2%. On March 15th, an interest payment of $

irina [24]

Answer:

d. Over time

Explanation:

The interest revenue will be recognize over time, regardless of the payment

If we only recognize revenue at payment due, if the bank client doesn't paid then we cannot recognize the accrued interest receivable.

We will recognize over time.

6 0

2 years ago