a. The amount that each invested is: Nick $21,900; Matt $51,100.
b. Percent of the business owned by Matt is 70%.
a. Amount invested by each
First step is to calculate the total parts
Total parts=3x + 7x
Total parts=10x
Second step is to calculate the cost per part(x)
Cost per part(x)=73,000/10
Cost per part(x)=7,300
Third step is to calculate the money invested by Nick and Matt
Money invested by Nick=3x
Money invested by Nick=3×7,300
Money invested by Nick=$21,900
Money invested by Matt=7x
Money invested by Matt=7×7,300
Money invested by Matt=$51,100
b. Percent owned by Matt
Using this formula
Percent owned by Matt =Part owned by matt/Total part
Let plug in the formula
Percent owned by Matt =7x/(3x+7x)
Percent owned by Matt=7x/10x
Percent owned by Matt=0.7×100
Percent owned by Matt =70%
Inconclusion the amount that each invested is Nick $21,900; Matt $51,100 and the percent of the business owned by Matt is 70%.
Learn more here:
https://brainly.com/question/17250642
How would you interpret the relationship between two numeric variables when the estimated least squares regression line for them is essentially horizontal (slope 0)?
We know that the least square regression line is given by the equation:
y = a+b x
Here is the Y-intercept of the line and is the slope of the line that is, angle made with the horizontal axis or corresponding change in Y when X increases by one unit. This implies that the least square regression lines are completely determined by the slope and the intercept as given in the above equation.
Now if this line is found to be horizontal as shown in the figure below then it can be easily observed from the figure that the horizontal least square regression line makes no angle with the horizontal axis of the independent variable and thus is parallel to it.
At Dec. 31 Gill Co. reported accounts receivable of $238,000 and an allowance for uncollectible accounts of $600 (debit) before any adjustments. An analysis of accounts receivable suggests that the allowance for uncollectible accounts should be 3% of accounts receivable. The amount of the adjustment for uncollectible accounts would be:
Answer:
to make the money
Explanation:
A Empresa Comercial Ltda. apresenta um ciclo de caixa de 20 dias e efetua pagamentos anuais no montante total de R$ 180.000.
Com base nestas informações, calcule o caixa mínimo necessário para a empresa manter-se líquida.
A alternativa que apresenta o valor correto para o caixa mínimo necessário, é:
a.
15.000
b.
22.500
c.
25.800
d.
10.000
e.
20.000
Answer:
A Resposta é d) 10.000
Explanation:
Randall Go-Karts sells motorized go-karts. Randall Go-Karts are motorized and are typically purchased by amusement parks and other recreation facilities, but are also occasionally purchased by individuals for their own personal use. The company uses a perpetual inventory system. Selected transactions in the month of December follow:
Requirement: Describe how each of the contingent liabilities in the selected December transactions would be treated in Tripp's financial statements for 2022.
a. Dec 22 transaction will be footnoted as a contingent liability.
b. Dec 22 transaction will not be footnoted because it is unlikely to be a loss.
c. Dec 31 transaction will be reported as a liability on the balance sheet and an expense on the income statement. Transaction will also be footnoted.
d. Dec 5 transaction will be reported as a liability on the balance sheet and an expense on the income statement. Transaction will also be footnoted.
e. Dec 27 transaction will be reported as a liability on the balance sheet and an expense on the income statement. Transaction will not be footnoted since it is recorded on the financial statements.
f. Dec 27 transaction will be reported as a liability on the balance sheet and a loss on the income statement. Transaction will also be footnoted.
g. Dec 31 transaction will be reported as a liability on the balance sheet and an expense on the income statement. Transaction will not be footnoted since it is recorded on the financial statements.
h. Dec 5 transaction will be footnoted as a contingent liability.
The description of the treatment of each contingent liability, arising from the affected December transactions in the financial statements of Tripp are as follows:
1. Dec 5 transaction will be treated as h. footnoted
2. Dec 22 transaction will not be treated as b. not footnoted
3. Dec 27 transaction will be reported as e. liability and expense
4. Dec 31 transaction will be reported as g. liability and expense
Thus, contingent liabilities are disclosed if their amounts can be reasonably estimated and they are likely to occur. They are footnoted if the amounts cannot be reasonably estimated, though they are likely to occur.
Learn more: https://brainly.com/question/23980008
The transactions are in the attachment.
What was California’s GDP in 2010 in millions?
$5,840.7
$5,810.2
$5,814.4
$5,339.8
$4,050.9
Answer:5,814.4
Explanation:
Kendra is a quality assurance inspector for a toothpaste manufacturer what would be one task that Kendra might perform as part of her job
I give 20 points
Answer:
A. Kendra opens random boxes of toothpaste and inspects the tubes inside.
I am sorry if it is not correct, it just seems like the most logical answer, as she assures the quality of toothpaste.
If u had to wear the same shoes, what would it be? Mine would be jordan's cause that's what I wear everyday
Answer: Same, i got these new Red and Black jordans that look fineeeeeeee
Explanation:
In buying an existing business the prospective buyer should ask questions about the operation of the business which of the following would be an appropriate question to ask
In buying an existing business, the questions that would be appropiate for the prospective buyer to ask are the following:
E. All of the above are appropriate questions to ask.I was able to find the complete exercise online and the exercise had five options to choose from. These are the options:
A. Is the business operating at a profit? B. Why are you selling? C. Are there any problems with the business? D. Will the customers stay with the business?E. All of the above are appropriate questions to ask.The correct option was "E" because all the questions are not only appropiate but necessary to ask.
When buying an existing business, you need to know everything about the business and the reason why the owner is selling because it may make you change your opinion or help you make future decisions.
Check more information in the following link https://brainly.com/question/1268505?referrer=searchResults
Answer: A) What are you going to do with the down payment?
Explanation:
I got it right trust
Consider that your income has decreased this year from $50,000 to $10,000. You bought 2 quantities of product B last year and decide to purchase 9 quantities of product B this year. Keeping all other factors the same, which statement is correct regarding your income elasticity of demand and product B?
The statement that is correct regarding the income elasticity of demand and product B is E. The income elasticity of demand is -0.95 and the designer jeans are considered inferior goods.
From the complete question, the elasticity of demand will be calculated thus:
= (9 - 2)(50000 + 10000) / (2 + 9)(10000 - 50000)
= -420/440
= -0.95
Therefore, the income elasticity of demand is -0.95 and the designer jeans are considered inferior goods since it has a negative income elasticity of demand.
Read related link on:
https://brainly.com/question/25301482
Miller Company reported the following information in its 2017 financial statements ($ in millions):
2017 2016
Balance Sheet:
Accounts receivable, net $1,947.4 $1,574.6
Income statement:
Sales revenue $18,276.6
A note disclosed that the allowance for uncollectible accounts had a balance of $27.4 million and $27.7 million at the end of 2017 and 2016, respectively. Bad debt expense for 2017 was $18.0 million.
Required:
Determine the amount of cash collected from customers during 2017.
The cash the Miller Company collected from customers in 2017 is determined to be $17,885.8 million.
Data and Calculations:
Balance Sheet: 2017 2016
million million
Accounts receivable, net $ 1,947.4 $ 1,574.6
Allowance for Uncollectible Accounts $27.4 $27.7
Accounts receivable, gross $1,974.8 $1,602.3
Bad Debts Expense for 2017 = $18.0 million
Income statement:
Sales revenue $ 18,276.6
T-Accounts:
Accounts Receivable
Account Title Debit Credit
Beginning balance $1,602.3
Sales revenue 18,276.6
Allowance for Uncollectible $18.3
Cash 17,885.8
Ending balance $1,974.8
Totals $19,878.9 $19,878.9
Allowance for Uncollectible Accounts
Account Title Debit Credit
Beginning balance $27.7
Accounts receivable $18.3
Bad debts expense $18.0
Ending balance $27.4
Totals $45.7 $45.7
Thus, the Miller Company collected cash worth $17,885.8 million from its customers in 2017.
Learn more: https://brainly.com/question/15966323
What is generally TRUE about deductibles in insurance policies?
A.
With a $500 deductible, the insurer pays the first $500 of any claim.
B.
Deductibles apply for every quarter of the year (every three months.)
C.
Policies with higher deductibles have extremely high premiums.
D.
Policies with lower deductibles have higher premiums.
Answer:
Answer is C.
Explanation:
I took the test already.
The Statement which is Tue about deductibles in insurance policies is Policies with lower deductibles have higher premiums. Thus the correct answer is D.
What is Insurance?Insurance is referred as a kind of assurance or protection against the risk that can occur in future events by paying some amount to take the policy to safeguard from any kind of damages.
Insurance helps to recover the occurred loss caused to policyholders by compensating them with the amount as per the policy on which they paid premiums.
The amount of the money you should expect to be paid toward an individual policy is referred to as deductibles. It helps the money of both the insurance company as well as lower the premium amount.
According to the policy of Deductibles in insurance policy, the higher premium has lower deductibles whereas lower premiums have higher deductibles.
Therefore, option D is appropriate.
Learn more about insurance, here:
https://brainly.com/question/19053875
#SPJ5
Based upon Booked Orders and Sales Predictions, we expect to need the following finished goods over the planning period: 140 Product A We currently have the following Finished Goods Products in Inventory: 80 Product A We have scheduled the following to be produced in the factory within the planning period: 30 Product A How many products should we include on future Planned Production Orders?
The amount of products that should be included on the future Planned Production Orders is 30 products.
Using this formula
Future Planned Production Orders (Product A)=Finished goods over the planning period- Finished Goods Products in Inventory-Expected production
Where:
Finished goods over the planning period=140 Product A
Finished Goods Products in Inventory=80 Product A
Production in the factory within the planning period=30 Product A
Let plug in then formula
Future Planned Production Orders (Product A)=140-80-30
Future Planned Production Orders (Product A)=30 products
Inconclusion the amount of products that should be included on the future Planned Production Orders is 30 products.
Learn more here:
https://brainly.com/question/16907891
A firm says it cut its labor costs by 35 percent between 2014 and 2019. Workers were paid a wage rate, including benefits, of $80 an hour in 2014 and $58 an hour in 2019. If the CPI was 202 in 2014 and 218 in 2019, did the real wage rate fall by more or less than 35 percent?
If the workers were paid a wage rate, including benefits, of $80 an hour in 2014 and $58 an hour in 2019. If the CPI was 202 in 2014 and 218 in 2019, did the real wage rate fall by more or less than 35 percent?
Between year 2014 and year 2019, the real wage rate fell by less than 35 percent.Calculation for the real wage rate in 2014
Using this formula
2014 Real wages=2014 Wage rate/2014 CPI×100
Let plug in the formula
2014 Real wages=$80/202×100
2014 Real wages=39.60%
Calculation for the real wage rate in 2019
Using this formula
2019 Real wages=2019 Wage rate/2019 CPI×100
Let plug in the formula
2019 Real wages=$58/218×100
2019 Real wages=26.61%
Based on the above calculations between year 2014 and year 2019, the real wage rate fell by less than 35 percent.
Inconclusion if the workers were paid a wage rate, including benefits, of $80 an hour in 2014 and $58 an hour in 2019. If the CPI was 202 in 2014 and 218 in 2019, did the real wage rate fall by more or less than 35 percent?
Between year 2014 and year 2019, the real wage rate fell by less than 35 percent.Learn more here:
https://brainly.com/question/17184449
The second issue you chose to address with Kenisha is the complexity of the product. The marketing department conducted numerous focus groups to gauge their reaction to the prototype, and the feedback from these focus groups revealed that customers perceived the product to be too complicated and not sufficiently user-friendly. Which of the following statements would be the best explanation for the rejection based on the focus groups' feedback that the product was too complex?
a. The good news is that you've put a lot of great features in the Radio-DRM. The bad news is that focus group customers thought that it was about as complicated as programming the Starship Enterprise. They don't want to spend hours adjusting dials and knobs; all they want to do is plug it in and set a few controls.
b. The customers in the focus groups thought this product is just too complicated! You're building a cruise ship when a simple rowboat will do. You and your team need to stop over- engineering.
c. The marketing department conducted several focus groups for this prototype, and it looks like there are some problems with its complexity. You need to fix these problems as soon as possible.
d. As you know, the marketing department conducted several focus groups for the prototype. Although there were features customers liked, much of the feedback from customers was that the Radio-DRM needs to be made simpler and more user-friendly.
Answer:
ushdusbs
Explanation:
espero te si ha bro zorry
The only accurate statement about consequentalism is:
Answer:
is a class of normative, teleological ethical theories that holds that the consequences of one's conduct are the ultimate basis for any judgment about the rightness or wrongness of that conduct.
Rủi ro của các doanh nghiệp khi kinh doanh taxi công nghệ
Answer:
Pls translate in english
Explanation:
I dont understand im sorry
In order for money to work properly, there can be only a certain amount of it in
the economy and there must be rules on who can print it. This is an element
of which characteristic of money?
A. Divisibility
B. Acceptability
C. Limited supply
D. Uniformity
Explanation:
A. Divisibilityor C. Limited Supply,
B. Acceptability
Money is a medium of exchange, it is divisible, acceptable, and scarce supply.
What exactly is the definition of money?Something widely accepted as a medium of exchange, a measure of value, or a method of payment: for example. A: newly minted metal currency that has been officially coined or stamped, B: monetary value.
Money's characteristics are:
A. Dissolvability
B. Acceptance
C. Scarcity of Supplies
Therefore, options A, B, and C aptly explain the money's characteristics.
Learn more about the money here:
https://brainly.com/question/14253896
donna is a very smart accountant. She is friendly and outgoing but sometimes she gets distracted and does not turn in her work on time. Her manager is looking for someone to work with a very important client but donna is not considered for the opportunity what quality is donna lacking.
leadership
dependability
positivity
motivation I will give 20 points and brainliest if correct plz give me right answer
Donna is lacking motivation.
The reason is Donna having a friendly quality, if you having this quality then you can build a trust in your leadership. and also Donna is a very smart personality which ensures it's positivity and dependability.
Answer:
dependiballity
Explanation:
She gets distracted easily and forgets to turn in her work. She lacks dependiballity, she isnt reliable.
a) Using the information in the table above, calculate the value of GDP for Sandy Island in 2019 (Show your calculation).
b)Calculate the value of net exports (Show your calculation).
a) Sandy Island's 2019 GDP is $1,200 billion.
b) The value of the net exports is -$200 billion ($300 - $500 billion).
Data and Calculations:
Personal Consumption Expenditure = $900 billions
Government Expenditure = $300 billion
Net Indirect Taxes = $350 billion
Investment Expenditure = $200 billion
Exports of goods and services = $300 billion
Imports of goods and services = $500 billion
Depreciation = $100 billion
In Economics, Sandy Island's 2019 GDP is defined by the following formula: GDP = C + I + G + NX
Where GDP = Gross Domestic Product
C = Personal Consumption Expenditures
I = Investment (business expenditures and home purchases by households)
G = Government Expenditure or Spending
NX = Exports - Imports
Thus, Sandy Island's 2019 GDP = $1,200 ($900 + $200 + $300 + $300 - $500) billion.
Learn more: calculating a nation's GDP here: https://brainly.com/question/1384502
State the role of the light stage of photosynthesis to the Calvin cycle.
Explanation:
In ths light independent reactions or calvin cycle, the energized electrons from the light dependent reaction provides the energy to form carbohydrates from carbon dioxide molecules. The light independent reactions are something called the calvin cycle because of the cyclical nature of the process.
Explanation:
In ths light independent reactions or calvin cycle, the energized electrons from the light dependent reaction provides the energy to form carbohydrates from carbon dioxide molecules.
is D right?
Scarcity can be eliminated through
A) the use of market mechanisms.
B) exploration that helps us find new resources. C) wise use of our resources.
D) None of the above because scarcity cannot be eliminated.
Answer:
C
Explanation:
wise use of our resources
Answer:
Hello, There! I'll be Gald to help!
QuestionScarcity can be eliminated through
AnswerC is the Correct Answer
Explanation:
By Using Our resources Wisely We Would Not have scarity Because We are using them Wisely
Also
This reduces scarcity and gives us more satisfaction from our existing resources.
Therefore The Answer is option C.
Harriet is currently in pay grade 8, but she is hoping to get a promotion so she can move into
pay grade 10 or above. Which of the following methods of job evaluation is used at Harriet's
company?
a. computerized
b. ranking
c. point
d. classification
The type of job evaluation that is done if Harriet is hoping to move from grade 8 to 10 is known as job ranking.
Job ranking can be described as a type of classification that is based on the value or the hierarchy of a person in an organization.
All the jobs in the company are ranked based on their worth and the employees are placed on the grade based on their value.
Read more on https://brainly.com/question/6589149?referrer=searchResults
Suppose that a Spotify Premium subscriber downloaded a playlist to their phone but never listened to the songs. They then cancelled their subscription and were disappointed to find out that their songs were no longer available on their phone. The fact that the consumer could only listen to those songs when actively subscribed to the service demonstrates which characteristic that distinguishes products from goods
The fact that consumers can only listen to these songs when they have actively subscribed to the Spotify service demonstrates the perishability characteristic that differentiates products from goods.
The services have the following characteristics:
IntangibilityInseparabilityVariabilityPerishabilitySince perishability is a characteristic that guarantees that services cannot be stocked, that is, if they are not used, they cease to exist.
Therefore, when canceling the subscription to the music streaming service, users were no longer able to have the songs downloaded on their phone available, demonstrating the perishability characteristic of the services.
Learn more here:
https://brainly.com/question/17294560
Camilla works as a data entry specialist in the local government offices. The government office is trying to update by getting rid of all paper records. Which is where Camilla comes in. What is one task that Camilla might have as part of the job
I will give 20 points And brainliest
Answer:
Camilia would likely have to either 1. scan the documents to online or 2. Copy all information on the documents to online. Due to it being a government officer, all documents are likely important and will be copied to the cloud/drive.
Explanation:
This is just a answer using logic, not any actual definitions.
Answer:
scanning the records into the system
Explanation:
its the most logical considering they want all paper records gone, but probably want to keep them in the system
A family wants to be able to give their child $5,000 per year for 4 years of college. The child will leave for college in 8 years, at which point the family will stop contributing to the college fund. How much money should be set aside each year on the child's birthday in order to follow through with this plan
Answer:
$2500
Explanation:
An amount of $1,245 should be set aside each year on the child's birthday to follow through with the plan of giving $5,000 per year for 4 years of college. Option C is the correct answer.
To determine the amount of money that should be set aside each year on the child's birthday to follow through with the plan of giving $5,000 per year for 4 years of college, we need to calculate the annual payment (P) using the present value of an annuity formula. Option C is the correct answer.
The present value of an annuity formula is given by: PV = P * [1 - (1 + r)^(-n)] / r
Where PV is the desired future value, r is the interest rate, and n is the number of years. In this case, the desired future value is $5,000 per year for 4 years, so PV = $5,000 * 4 = $20,000.
The interest rate is given as 10%, so r = 0.10.
The child will leave for college in 8 years, so n = 8.
Now, let's calculate the annual payment (P): P = ($20,000 * 0.10) / [1 - (1 + 0.10)^(-8)]
Simplifying the equation further, we get: P = $2,000 / [1 - (1.10)^(-8)]
P ≈ $1,245
Therefore, the amount of money that should be set aside each year on the child's birthday in order to follow through with this plan is approximately $1,245.
Learn more about College here:
https://brainly.com/question/26580965
#SPJ2
The complete question is, "A family wants to be able to give their child $5,000 per year for 4 years of college. The child will leave for college in 8 years, at which point the family will stop contributing to the college fund. How much money should be set aside each year on the child's birthday in order to follow through with this plan? Assume an interest rate of 10%.
a. $1,291
b. $1,386
c. $1,245
d. $957"
the selling price of a product is $20 and the markup is $4 what percentage of the selling price does the markup represent a 20% B 24% C 28% D 40%
What is the origin, development, and importance of ethics in business?
Answer:
The notion of ethics in business can be traced back to the earliest forms of bartering, based on the principle of equal exchange. Countless philosophers and economists have examined the topic, from Aristotle and his concept of justice to Karl Marx's attack on capitalism.
mark me as a brainlist.
Sam and Devon agree to go into business together selling college-licensed clothing. According to the agreement, Sam will contribute inventory valued at $110,000 in return for 80 percent of the stock in the corporation. Sam’s tax basis in the inventory is $55,000. Devon will receive 20 percent of the stock in return for providing accounting services to the corporation (these qualify as organizational expenditures). The accounting services are valued at $27,500. (Negative amount should be indicated by a minus sign. Leave no answer blank. Enter zero if applicable.)
Assume Devon received 25 percent of the stock in the corporation in return for his services.
g. What amount of income, gain, or loss does Devon recognize on the formation of the corporation? (Do not round intermediate calculations. Round your final answer to the nearest whole dollar amount.)
Answer:
Explanation:
$38,500
Scarcity can be eliminated through
A) the use of market mechanisms.
B) exploration that helps us find new resources. C) wise use of our resources.
D) None of the above because scarcity cannot be eliminated.
Answer:
D) None of the above
Explanation:
because scarcity cannot be eliminated
HOW TO EASILY BUY A PASSPORT ONLINE.
Buy US Passport, Buy EU Passport, Buy Canadian Passport, Buy Australian Passport.
For more information, visit https://www.passportexpeditenetwork.com/