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maria [59]
2 years ago
11

To be able to go on the band trip, four band members each get a part-time job. Each person has 5 weeks in which to save his or h

er money. Analyze the four individual plans below and decide which of the four people will reach his or her goal of saving $285?
Business
2 answers:
Alisiya [41]2 years ago
5 0

Answer:

Member B and D

Explanation:

Arturiano [62]2 years ago
4 0

Answer:

Member B: Works 10 hours per week at $5.85 per hour

Member D: Works 9 hours per week at $6.35 per hour

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Packages arrive at a facility at a rate of 30 per hour and are processed continuously at a rate of 25 per hour. The facility is
soldi70 [24.7K]

Answer:

1.6 hour

Explanation:

Given

Rate of Arrival =30 per hour

Rate of Processing = 25 per hour

Open Time = 8am

Close Time = 4pm

How long the last package has to wait before it is processed is calculated by;

Duration = ∆Time/∆Rate

∆Time = 4pm - 8am

∆Time = 8 hours

∆Rate = Rate of Arrival - Rate of Processing

∆Rate = 30 - 25

∆Rate = 5 per hour

Duration = 8 hours ÷ 5 per hour

Duration = 1.6 hours

3 0
2 years ago
Under Fisher, between 1993-1997, Kodak moved closer to customers when it produced and launched a digital print station to retail
ehidna [41]

Answer:

b. Forward integration.

Explanation:

<u><em>Forward integration:</em></u> is a type of marketing strategy where the company directly distribute or supply its product to the retailer,  this is done so as to be to sell directly to the retailer without going through the wholesaler. This is achieved by having warehouses that is closer to the retailers where the products can be sold to the retailers or directly selling the product to the retailer from the company.

6 0
2 years ago
Read 2 more answers
American Chemical Company manufactures a chemical compound that is sold for $57 per gallon. A new variant of the chemical has be
Yakvenalex [24]

Answer:

Effect on income= $32,400 increase

Explanation:

Giving the following information:

Difference in selling price= 81 - 57= $24

Number of units= 8,100

Increase in costs= $162,000

<u>To calculate the effect on income, we need to use the following formula:</u>

Effect on income= Increase in revenue - increase in costs

Effect on income= 24*8,100 - 162,000

Effect on income= $32,400 increase

6 0
1 year ago
This year Riley files single and reports modified AGI of $76,000. Riley paid $1,200 of interest on a qualified education loan. W
sleet_krkn [62]

<u>Solution and Explanation:</u>

As per the income tax, if the income of a single taxpayer lies in the range of $65000 and $80000, the taxpayer is elgibile for a prtial deduction on his/her education on loan interest.

The partial interest deduction amount is calculated as follows:

Partial interest deduction allowed = \text { Interest expense } *(\$ 80000-\mathrm{AGI} / \$ 80000-\$ 65000)

=\$ 1200 *(\$ 80000-\mathrm{AGI} / \$ 80000-\$ 65000)

=\$ 1200 * \{(580000-\$ 76000 / \$ 80000-\$ 65000)}

=\$ 1200 * \$ 4000 / \$ 15000

= $320

Therefore, the allowed interest deduction in this case is $320.

4 0
2 years ago
Use the information presented in Northeastern Mutual Bank's balance sheet to answer the following questions.
Nana76 [90]

Answer:

The explanation is given as follows.

Explanation:

<u>Task 1: </u>

<u>The higher the percentage of assets a bank holds as loans, the higher the capital requirement.</u>

When the owners of the bank borrow $100 to supplement their existing reserves , both reserves and debt increase by $100 , therefore increase in debt as in any balance sheet , the total value of accounts on the left hand should be equal to the right hand , so when there is increase in reserves , there will be increase in debt.

<u>Task 2:</u>

<u>It specifies a minimum leverage ratio for all banks </u>

leverage ratio initially = total assets / capital = 1750 / 125 = 14

leverage ratio new value = total assets / capital = 1850 / 125 = 14.8 ( the assets increase by $100 with increase in reserves)

<u>Task 3</u>

<u>Its intended goal is to protect the interests of those who hold equity in the bank.</u>

Capital requirement are there to ensure that bank have enough capital to repay the depositors and debtors and if a bank holds a higher percent of risky assets , capital requirements will be higher so that the bank remains solvent hence option a is right answer.

4 0
2 years ago
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