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Mnenie [13.5K]
2 years ago
14

Despite tuition skyrocketing, a college education is still valuable. Recent calculations by the Federal Reserve Bank in San Fran

cisco demonstrate a college degree is worth $830,000 in lifetime earnings compared to the average high school education. Assume graduates in 2019 earn $40,632, $35,554, $42,192, $33,432, $69,479 and $43,589. What is the standard deviation for this sample?
Business
1 answer:
gladu [14]2 years ago
5 0

Answer:

s = $13,014.22

Explanation:

Sample values: $40,632, $35,554, $42,192, $33,432, $69,479 and $43,589

Sample size = 6

The standard deviation of a sample (s) is given by:

s=\sqrt{\frac{\sum(x_i-X)^2}{n-1}}

Where X is the sample mean, n is the sample size, and xi is each value in the sample.

The sample mean is given by:

X=\frac{\$40,632 +\$35,554+\$42,192 +\$33,432 +\$69,479 +\$43,589}{6} \\X=\$44,146.33

The standard deviation is:

s=\sqrt{\frac{\sum(x_i-\$44,146.33)^2}{6-1}}\\s=\$13,014.22

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You have determined that an OCF of $151,406 will result in a zero net present value for a project, which is the minimum requirem
oee [108]

Answer:

It should be accepted as the cash flow is greater than minimum

Explanation:

We should determinate if he project can generate a cashflow of 151,406 after taxes to be accepted:

market x market share = sales in units

140,000 units x 8.5% = 11,900 units

sales x contribution less fixed cost = income before taxes

11,900 x 56.11 - 387,200= 280,509

after tax 280,509 x (1 - 21%) = 221,602.11‬

project cash flow > minimum cash flow

      221,602.11      >         151,406

It should be accepted as the cash flow is greater than minimum

7 0
1 year ago
Use the PACED decision-making process to make the decision for Brent. Show your work.
NikAS [45]

Answer:

se the PACED decision-making process to make the decision for Brent. Show your work

Explanation:

7 0
1 year ago
At the end of its first year of operations, shapiro's consulting services reported net income of $27,000. they also had account
Otrada [13]
Answer: $11,200

Explanation:

Using the accounting equation:

(Total Assets) = (Total Liabilities) + (Total Capital)

So,

(Total Liabilities) = (Total Assets) - (Total Capital)    (1)

Based on equation (1), in order to compute for the total liability, we need to compute the total assets and total capital.

At the end of the first year, the following are the assets Shapiro's consulting services (together with the amount):

Cash:                              $16,000
Office Supplies:                $3,200
Equipment:                     $24,000
Accounts Receivable:       $8,000
TOTAL ASSETS            $51,200

Note that the total assets is obtained by adding the amount (or value) of the all the assets listed above.

Since the net income is an increase (or decrease if it's a net loss) of capital, we classify net income as capital. In particular, the net income of Shairo's at the end of first year adds to the capital at the start of first year. 

Moreover, the withdrawal of money by the owner also decreases the capital.  

Thus, the total capital at the end of first year is calculated as follows:

Capital (start of the year):            $15,000
Net Income (end of year):           $27,000   
Withdrawal Amount:                    ($2,000)
TOTAL CAPITAL:                       $40,000

Note: ($2,000) means -$2,000. This notation is used in accounting.

Hence using equation (1), the total liabilities at the end of first year is given by

(Total Liabilities) = (Total Assets) - (Total Capital)
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7 0
1 year ago
An annuity with an infinite life is called​ a(n) ________. A. perpetuity B. deep discount C. primia D. option
Tasya [4]

Answer:

The correct answer is letter "A": perpetuity.

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1 year ago
Which two skills and abilities are essential for a ship captain?
Maksim231197 [3]
Leadership skills and compassion good vision
3 0
2 years ago
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