Explain why two employees at a company, earning the same gross pay, might have different net pays.
2 answers:
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Answer:
correct option is C. it's a good time to buy the wood.
Explanation:
given data
slab = 10 feet
cost Tee Time = $5,000
$500 US dollars = $738 NZ dollars
solution
If they import timber from New Zealand. Tea Golf Resort pays less than $ 5000 to import Wood from New Zealand at the current exchange rate. This is a good time for them to import forests
we get here current exchange rate of 1 dollar that is as
US $500 = NZ $738
so $1 =
$1 = NZ $1.476
current exchange rate is $1 = NZ $1.476
so
10 foot slab costs $5000
so Tee Golf Resort will pay is
Tee Golf Resort pay =
Tee Golf Resort pay = $3387.53
so correct option is C. it's a good time to buy the wood.
Answer:
$ 97,900
Explanation:
ASSETS = LIABILITIES + OWNERS CAPITAL ( Equity)
Answer:
False
Bill will have less than Beth
Explanation:
let us compare the amounts accumulated by the two individuals at age 65 to see which is more.
Money accumulated by Bill at age 65:
Since bill saves $2500 a year for 30 years, amount saved at the end of 30 years = 2500 X 30 = $75000.
Money accumulated by Beth at age 65:
Beth saves $2,500 a year from age 25 until age 34: Amount saved = 2500 X 9 = $22500
Invests the money in an account earning ten percent annually for 31 years.
Assuming it was at a simple interest rate,
The interest at the end of the 31st year will be:
Therefore total amount at age 65 = $22, 500 + 69750 = $92,250.
∴ This shows that Bill will have less money than Beth. Primarily due to the fact that he started investing at a lot later time than Beth.