You make $18.50 per hour and work 40 hours
per week. You are paid once per month, and
pay 30% in taxes and deductions.
1. How much do you make per month after
taxes and deductions?
2. How much do you make per year after taxes
and deductions?
Answer:
Net earning per month = $2,072
Net earning per year = $26,936
Explanation:
Given:
Amount earn per hour = $18.50
Number of hour in a week = 40 hours
Taxes and deduction = 30% = 0.3
Find:
Net earning per month
Net earning per year
Computation:
Net earning per month = [Amount earn per hour][Number of hour in a week][Number of week in a month][1-Taxes and deduction]
Net earning per month = [18.50][40][4][1-03]
Net earning per month = $2,072
Net earning per year = [Amount earn per hour][Number of hour in a week][Number of week in a year][1-Taxes and deduction]
Net earning per year = [18.50][40][52][1-0.3]
Net earning per year = $26,936
Economics (FoolProof)
I should do my best to get a credit card from a company that will tell me both my interest rate and my credit limit before I commit to taking the card.
True or False
Answer:True
Explanation:
Jena is a full-time undergraduate student at State University and qualifies as a dependent of her parents. Her only source of income is a $10,000 athletic scholarship ($1,000, books; $5,500, tuition; $500, student activity fee; and $3,000, room and board). Jena's gross income for the year is: a.$3,000. b.$4,000. c.$500. d.$10,000.
Read the thesis statement from a historical essay. Determine which type of claim the author is making (claim of fact, definition, policy, value, or cause and effect) and why the claim fits this designation. Finally, provide an example of the type of evidence the author should use to best support the claim. (4 points)
Washington, D.C., should not become the 51st state, because making our nation's capital a state provides no economic benefits, nor did the Founding Fathers intend for it to ever become a state.
Answer:
im not 100% but think this is right
Explanation:
the author is making a claim of fact, because he is claiming that provides no economic benefits. im not sure about the second part
define consumer protection agency
Definition of Consumer Protection Agency (CPA)
CPA is the governmental regulatory authority entrusted with the protection of consumer rights and was established by virtue of the Consumer Protection Law No. 67 in 2006 and its Executive Regulations.
Fiscal policy is likely to fail to correct stagflation in an economy because _____ a. it affects aggregate supply only, but only aggregate demand needs to be changed. b. it affects aggregate demand only, but aggregate supply also needs to changed. c. it affects both the aggregate demand and supply, but only aggregate demand needs to be changed. d. it affects both the aggregate demand and supply, but only aggregate supply needs to be changed. e. it affects either aggregate demand or aggregate supply, but both need to be changed simultaneously.
Answer:
b. it affects aggregate demand only, but aggregate supply also needs to be changed.
Explanation:
Fiscal policy in economics refers to the use of government expenditures (spending) and revenues (taxation) in order to influence macroeconomic conditions such as Aggregate Demand (AD), inflation, and employment within a country. Fiscal policy is in relation to the Keynesian macroeconomic theory by John Maynard Keynes.
A fiscal policy affects combined demand through changes in government policies, spending and taxation which eventually impacts employment and standard of living plus consumer spending and investment.
Inflation can be defined as the persistent general rise in the price of goods and services in an economy at a specific period of time.
Generally, inflation usually causes the value of money to fall and as a result, it imposes more cost on an economy.
Fiscal policy is likely to fail to correct stagflation in an economy because it affects aggregate demand only, but aggregate supply also needs to be changed.
Which of the following is not a valid FICO credit score?
A. 900
B. 600 C. 700
D. 800
Answer:
A. 900
Explanation:
FICO is an acronym for Fair Isaac Corporation, they create an accurate and reliable credit score of customers for use by lenders.
Basically, your FICO depends most on the amounts you owe and your payment history.
A credit score can be defined as a numerical expression between 300 - 850 that represents an individual's financial history and credit worthiness. Therefore, a credit score determines the ability of a borrower to obtain a loan from a lender.
This ultimately implies that, the higher your credit score, the higher and better it is to obtain a loan from a potential lender. A credit score ranging from 670 to 739 is considered to be a good credit score while a credit score of 740 to 799 is better and a credit score of 800 to 850 is considered to be excellent.
Hence, lenders look at the credit score of a loan applicant in order to ensure that the applicant is financially responsible and would be able to repay the loan at the agreed upon date.
In conclusion, a valid FICO credit score is between 300-850 i.e the maximum (highest) credit score is 850 and as such a credit score of 900 is invalid.
When participating in the
___________ ___________ ___________ students and FBLA Chapters
are able to compete with students and chapters ranked the best in the state in competitive events.
The election of State officers occurs at this event.
O National Leadership Conference
O Fall Leadership Conference
O State Leadership Conference
O Regional Leadership Conference
Answer:
At the National Leadership Conference
Explanation:
When government is trying to raise tax revenue, it sometimes attempts to target higher-income people because they are in a better position to bear the burden of a tax. However, it can be very difficult to earn tax revenue from wealthy people. Consider the progressive nature of the U.S. federal income tax system: It's designed so that higher incomes are taxed at higher tax rates. Thinking about the elasticity of labor supply, why might it be more difficult to collect tax revenue from a wealthy individual than from a poor person, all else equal
Answer: The labor supply curve for a wealthy individual is usually more elastic than a poor person's labor supply curve
Explanation:
Tax could be described as individuals paying a particular percentage of their income and whatever they use then pay to the government. The aim of the tax being collected is to generate funds internally which could be used in maintaining the economy.
Despite the government attempts to make tax be one-sided, it yields little or no result in favour of the poor as they end up being well tax as same as the rich. Those who are poor make use of services regularly, and most societies have them than those who are already established. The labor supply curve for a wealthy individual is usually more elastic than a poor person's labor supply curve. We would realize that we have more poor people in labour than those who are rich.
A customer who buys a cup of coffee because they're feeling sleepy during the workday has experienced which of the following?
an internal stimulus
an external stimulus
an emotional appeal
a lexical appeal
explain socialism, capitalism and mixed economy with their features advantages and disadvantages
Interest rate differences between countries depend on Group of answer choices neither differences in expected inflation, nor on expected changes in the real exchange rate. differences in expected inflation, but not on expected changes in the real exchange rate. differences in expected inflation, and on expected changes in the real exchange rate. differences in expected changes in the real exchange rate, but not on expected inflation. differences in expected inflation and nothing else.
Answer:
Differences in expected inflation, and on expected changes in the real exchange rate.
Explanation:
Interest rate is the rate charged by a lender on monies borrowed
For example if 100 is borrowed, and the lender expects the borrower to pay 10 every month. The interest rate = (10/100) = 10%
According to the taylor equation
(1 + Nominal interest rate) = ( 1 + real interest rate) + (1 + inflation rate)
the higher the real interest rate and inflation rate, the higher the nominal interest rate
Real interest rate is interest rate less inflation rate
Nominal interest rate includes inflation rate
cash receipts journals
Answer: theyre handy!
Answer:
cool lol
Explanation:
7. Write at least two policies that a company could use to decide which customers to offer credit to. (1-2 sentences. 2.0 points)
Answer:
Competition tribunal
Competition commission
Explanation:
They protect the rights of the customers
those who are previous loyal or contact any business that has loyal costumers
goodluck:)
How many different federal taxes are listed?
Answer:
There are two types of taxes namely, direct taxes and indirect taxes.
Explanation:
12 specific taxes, four within each main category—earn: individual income taxes, corporate income taxes, payroll taxes, and capital gains taxes; buy: sales taxes, gross receipts taxes, value-added taxes, and excise taxes; and own: property taxes, tangible personal property taxes, estate and inheritance taxes, and wealth taxes.
Answer:
2!
Explanation:
direct taxes and indirect taxes! hope this helps! plz mark as brainliest!
QUESTION 9 of 10: When naming a business, you should:
Answer:
1. Search the name on the internet to and check for copyright.
2. Make something catchy that people will remember ( Like a alliteration).
3. Make a backup name (and maybe a backup backup name).
4. Get a sample of people to rate your name.
5. Make sure your personally happy with it.
What is the best way to be compensated for your work? And why
O Annual Salary
O Hourly Wages
Sales Commission
O There is no one BEST way to be compensated.
Who determines your credit score?
Answer:
Credit karma
Explanation:
Answer:
Your credit scores are determined by credit scoring models that analyze one of your consumer credit reports and then assign a score using complex calculations.
Explanation:
The five pieces of your credit score
Your payment history accounts for 35% of your score. How much you owe on loans and credit cards makes up 30% of your score. The length of your credit history accounts for 15% of your score. The types of accounts you have made up 10% of your score. Recent credit activity makes up the final 10%.Sky High Seats manufactures seats for airplanes. The company has the capacity to produce 100,000 seats per year, but currently produces and sells 75,000 seats per year. The following information relates to the current production of the product: Sale price per unit $400 Variable costs per unit: Manufacturing $220 Marketing and administrative $50 Total fixed costs: Manufacturing $750,000 Marketing and administrative $200,000 If a special sales order is accepted for 7,000 seats at a price of $350 per unit, and fixed costs remain unchanged, how would operating income be affected
Answer:
there is an increase in operating income by $910,000
Explanation:
The computation of the impact on the operating income is shown below
Sales (7,000 × $350) $2,450,000
Less: variable manufacturing cost (7,000 × $220) -$1,540,000
Operating income $910,000
Since the fixed cost would remain the same so here we do not considered it
Hence, there is an increase in operating income by $910,000
Is marketing hard? and it is stressful or can give you an anxiety?
Answer:
yes yes yes yes yes
Explanation:
There is so much pressure and things at stake that sometimes you feel like everything's gonna go wrong.
A manager’s responsibility to actively control risk factors for food borne illnesses is called
Answer:
A hazard analysis critical control point (HACCP)
A football team receives $258,000 in sponsorship for equipment, and the administrative costs are expected to be $27,000. What are the costs as a percentage of sponsorship revenue?
Based on the calculation below, costs as a percentage of sponsorship revenue is 10.47%.
How to calculate costs as a percentage of revenue?The costs as a percentage of sponsorship revenue can be calculated using the following formula:
Costs as a percentage of sponsorship revenue = (Expected administrative costs / Sponsorship revenue) * 100 …………………………….. (1)
Substitute the relevant values into equation (1), we have:
Costs as a percentage of sponsorship revenue = ($27,000 / $258,000) * 100
Costs as a percentage of sponsorship revenue = 0.104651162790698 * 100
Costs as a percentage of sponsorship revenue = 10.47%
Learn more about percentages here: https://brainly.com/question/26080842.
#SPJ1
give 2 or 3 reasons on why cheaper delivery is better
Answer: Because is cheap
2 Because is better and you save money
Explanation:
Answer:
It's 100% cheap, You don't have to worry about driving all the time, and It's better!
Explanation:
Trade is appreciated and promoted throughout the world but there exists certain loopholes for efficient trade system .Highlight the concerned factors ?
Answer:
Trade is the transaction of goods and monetary around the world.
Explanation:
Trade and commerce are necessary for the economic development and survival of this world. It is appreciated and is promoted throughout the world, but still there are some loopholes in the trading system.
Trading is generally the economic transaction that is carried all through the world for comparative advantage among the different countries. The goods and products traded are mainly capital goods, consumer goods, financial assets, and others which are traded among the countries.
It creates a dual economy in the world for the less developed countries and due to this the country which exports these goods are developing while those poor countries importing these goods have seen a stop in its development.
Due to the foreign investment, the poor countries have not been able to benefit much from it.
The gains is limited for the exported countries due to the export of only the primary goods.
You are a struggling song writer. You hear a group on the radio singing a song
that you wrote with a friend who is now managing the band. You want to
make sure you are not cheated out of your creative work. You have tried to
talk to the band but they won't respond. What writ would effectively stop the
band from earning income on that song until the problem is remedied?
A. A mandatory injunction
O B. A permanent injunction
O C. A restraining order
O D. Punitive damages
My
Answer:
did you copyright the song because i think you cant do nothing to the band being manage b your best friend will
Explanation:
Answer:
B. A permanent injunctionExplanation:
What is the purpose of a food safety management system?
Answer:
To control food safety hazards within a food business in order to make sure that food is safe to eat.
Explanation:
Louis purchased $5,000 worth of stock three years ago and sold it today for $7,000. He received no dividends from this investment. Inflation averaged 4% during the three years he owned the stock. What was his annualized real rate of return on this investment?
Answer:
9.33%
Explanation:
Calculation to determine his annualized real rate of return on this investment
Annualized real rate of return=[($7,000-$5,000/ ($5000*3) *100] -4%
Annualized real rate of return=13.33%-4%
Annualized real rate of return = 9.33%
Therefore his annualized real rate of return on this investment will be 9.33%
The stock of Canadian Ski Wear is currently trading at $45 a share and the equity beta of the company is estimated to be 1.3. The company is expected to pay a dividend of $1.50 a share next year, and this dividend is expected to grow at a rate of 4% per year. The rate on the 10-year U.S. Treasury bond is 4% and you estimate the market risk premium to be 5%. Using the dividend growth model, what is the company’s cost of equity?
Answer:
737383ujeheur8ieh3r8r8
Roger wants the human resources department to focus on attracting the right employees, measuring their progress toward corporate goals, and rewarding employees for achieving those goals. What is the department focusing on?
A.
talent management
B.
strategic human resources management
C.
succession planning
D.
external recruitment
E.
reemployment
Which of the following tips can hurt your cash flow? A. Increase your sales. B. Pay your bills early. C. Keep a cash reserve. D. Offer credit only to low risk borrowers. Please select the best answer from the choices provided A B C D
B. Pay your bills early.
Answer:
trust the wise one above ;)
Explanation:
