Answer:
I used an excel spreadsheet to calculate this:
the least squares regression line:
y = a + bx
y = $2,937 + 3.96x
where y = total cash wash costs and x = rental returns
fixed costs = $2,937 per month
variable cost = $3.96 per car washed
State tax is 5%, so 0,05
0,05•4000=200$
Federal tax is 25% so 0,25
0,25•4000=1000$
Total of taxes to pay =1000+200=1200$
So the real profit will be
4000-1200=3800$
The real value of Annie's profit is 3800$
Answer:
Option A is correct one.
Competing
Explanation:
When one person seeks to satisfy his or her own interests regardless of the impact on the other parties to the conflict, that person is using the conflict-handling intention of <u>Competing.</u>
When one person seeks to satisfy his or her interests regardless of the impact on the other parties to the conflict, he is competing. The competition involves authoritative and assertive behaviours.
Answer:
Instructions are listed below.
Explanation:
Giving the following information:
Kern Company deposited $1,000 in the bank on January 1, 2017, earning 8% interest. Kern Company withdraws the deposit plus accumulated interest on January 1, 2019.
We need to use the following formula:
FV= PV*(1+i)^n
A) i= 0.08 n=2
FV= 1000*(1.08^2)= $1,166.4
B) i= 0.08/2= 0.04 n= 4
FV= 1,000*(1.04^4)= $1,169.86
C) i= 0.02 n= 8
FV= 1,000*(1.02^8)= $1,171.66
