If you were to make $9.00 per hour and worked 36 hours over the past two weeks, what would your gross income be on your paycheck?
Answers
Assuming you were to make $9.00 per hour .What your gross income will be on your paycheck is $648.
Gross incomeUsing this formula
Gross income=Earning per hour×Numbers of hours worked×Number of weeks
Where:
Earning per hour=$9.00 per hour
Numbers of hours worked=36 hours
Number of weeks=2 weeks
Let plug in the formula
Gross income=$9.00 per hour×36 hours×2
Gross income=$648
Inconclusion your gross income will be on your paycheck is $648.
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Related Questions
If the cost of electricity doubles in the area where the Morgans live, which of the following is most likely to be
true?
A. It would be more advantageous for them to wash clothes at home and dry them at the laundromat.
B. It would be more advantageous for them to buy a washer and dryer to save money.
C. It would probably make no difference because the laundromat is likely to increase its prices to cover
increased costs.
D. It would be even more advantageous for them to use the laundromat rather than have a washer and
dryer at home.
5 of 10
Answers
If the cost of electricity doubles in the area where the Morgans live, It would probably make no difference because the laundromat is likely to increase its prices to cover increased costs. Option C. This is further explained below.
What is Pricing?Generally, Decide the payment amount for the service (something offered for sale).
In conclusion, Even if the price of power doubles where the Morgans reside, the laundromat's pricing will almost certainly rise to match the higher expenses.
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answer the question under the picture
Answers
Answer:
Explanation:
The non-voters, when looked at as a group, outweigh the voters. That means that a minority of people decide the policies for the majority -- and for themselves. The non-voters don't have that luxury. They must live with what they had no part in deciding.
During 2018, Leucothea Co. became involved in a legal dispute with a supplier. At December 31, 2018, Leucothea’s legal advisor believed that an unfavorable outcome was probable. A reasonable estimate of resulting monetary damages is $100,000 but could be as much as $200,000. Leucothea has legal liability insurance coverage that limits their loss to $80,000. After the 2018 financial statements were issued, Leucothea agreed to settle the case for $125,000. What amount of accrued liability should Leucothea have reported in its December 31, 2018 balance sheet?
Answers
Answer:
$80,000
Explanation:
Prudence allows that liabilities should not be understated and assets should not be overstated .
As the case is probable to result to a liability by the lawyers assessment , this means that it is more likely to happen and liability should be recognized . However , there is an insurance that limits the liability to the tune of $80,000 regardless of the agreement made towards the settlement.
The sum of $80,00 should be recognized as the liability in the statement of financial position
A sunk cost can best be described as: Group of answer choices a cost that has already been incurred and cannot be removed. a form of financing cost. the cash flows of a new project that come at the expense of existing projects. an important cost to include in the capital budgeting process. the same thing as an opportunity cost
Answers
Answer:
Sunk Cost
A sunk cost can best be described as:
a cost that has already been incurred and cannot be removed.
Explanation:
A sunk cost for Manufacturer X is a cost that has already been incurred. It is irrelevant for any future decision making because it cannot be recovered or removed. By its nature, a sunk cost is a fixed cost. For example, the costs of purchasing an item of equipment, building an office building, and other noncurrent expenditure are sunk costs . If management is making decisions based on differential or incremental costing, such sunk costs are not considered.
15. Castells stated that the world remains filled with societal black holes. This statement reminds us to question which of the following ideas:
The Panopticon Globalization
Social Shaping
Green Computing.
Knowledge Management
16. The degree of security employed within an organization is in large part a decision about the level of risk with which leaders feel comfortable.
True / False
17. Data brokers are firms that collect and resell data about consumers to other organizations.
True / False
18. Companies consider safeguarding customer data as helping to build customer loyalty and trust.
True / False
Answers
The statement by Castells about societal black holes reminds us to question the idea of: The Panopticon Globalization
The other statements are-
16. True
17. True
18. True
The correct answer for question 15 should be "The Panopticon Globalization." The statement by Castells about societal black holes prompts us to question the idea of the Panopticon Globalization.
The concept of the Panopticon, originally introduced by philosopher Jeremy Bentham, refers to a hypothetical prison design where inmates are constantly under surveillance, leading to self-discipline and control. In the context of globalization, it raises questions about the extent of surveillance, power imbalances, and potential social inequalities that may exist in a globalized world.
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Describe your motivation for becoming a licensed cosmetologist/manicurist.
please help
Answers
There are several facets to the beauty industry that may be explored, including hair, cosmetics, and fashion, and one of those facets is cosmetology.
It's pleasant and gratifying to be someone who helps other people look their best. A profession as a cosmetologist might be ideal for you if you take pleasure in doing manual labor and consider yourself to be someone who gets along well with others. This is further explained below.
What is a cosmetologist/manicurist.?Generally, Manicurists are certified cosmetologists who focus only on providing manicures. You may get a gel manicure or French tips thanks to their skill with design and application. Moreover, they are well-versed in the care and treatment of nails.
In conclusion, You don't need an obsession with hair, cosmetics, and fashion to succeed in the cosmetology industry. Helping others shine visually is a rewarding and entertaining activity. Become a cosmetologist if you are outgoing, creative, and love using your hands.
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in 2019, lemon incurred cost of goods sold of $69,763 million on net sales of $87,592 million. what was lemon’s return on sales ratio for 2019? (assume no other expenses.)
Answers
At a basic level, the cost of goods sold formula is: Starting inventory + purchases − ending inventory = cost of goods sold.
To make this work in practice, however, you need a clear and consistent approach to valuing your inventory and accounting for your costs.
How to calculate the cost of goods?
Businesses need to track all direct costs of processing goods for sale, including labor and material expenses. These costs are known as Cost of Goods Sold (COGS), a calculation that usually appears in a business’s Profit and Loss statement (P&L). COGS is also an important part of tax return information because who doesn’t want correct tax deduction? Knowing how to calculate COGS can help you determine the correct product price, detect growth opportunities, and manage your taxes.Cost of Goods Sold (COGS) represents all costs involved in producing goods that a company sells over a certain period of time. The cost of goods sold, also known as the cost of services or the cost of sales, includes both the cost of materials used to create the goods, and the cost of direct labor (employees salaries).COGS can be used by businesses that create products, including digital goods sold online. Besides that, companies in the service industry can also use COGS in the form of cost of revenue.
Beginning inventory: this is the company’s inventory from the previous period. It could be the previous quarter, month, year, etc.
Purchases: these are the total costs of what your company purchased during the specified accounting period.
COGS are simply the direct costs involved in the production of goods in a specific company for a certain period. The total amounts include components such as: Costs of materials: direct costs like supplies and raw materials. All indirect costs should be ignored and can’t be included in costs relating to the calculation of COGS. An indirect cost can include expenses such as marketing or sales expenses .Direct labor costs: the wages directly paid to employees who work on the company’s products during the manufacturing process.
1. First, subtract the cost of goods sold ($69,763 million) from the net sales ($87,592 million) to find the gross profit.
Gross Profit = Net Sales - Cost of Goods Sold
Gross Profit = $87,592 million - $69,763 million
Gross Profit = $17,829 million
2. Next, divide the gross profit by the net sales to find the return on sales ratio.
Return on Sales Ratio = Gross Profit / Net Sales
Return on Sales Ratio = $17,829 million / $87,592 million
Return on Sales Ratio = 0.2037 (rounded to four decimal places)
3. Finally, multiply the ratio by 100 to express it as a percentage.
Return on Sales Ratio = 0.2037 * 100
Return on Sales Ratio = 20.37%
So, Lemon's return on sales ratio for 2019 was 20.37%.
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what is referred to a process that involves developed action plan that leads to achieving specific goals
Answers
Answer:
The appropriate approach is "Developing strategic plan ".
Explanation:
Knowing what it does and reevaluating it to ensure that it is the leading northern star for certain activities seems to be the secret to creating a successful strategic planning strategy. This strategy includes defining the intent, strategies, and procedures of an organization which would be used to achieve those objectives. As such, this strategy seems to be an important aspect of the operation of an organization, even though it is necessary to undertake the process of designing the schedule with serious thought and thoroughness.Goal setting is the process which involves developed action plan.
Let understand that "Goal setting "involves drawing an action plan in order to motivate and guide a person or group toward a goal.
Setting a deadline for a goal create a schedule to achieve the particular goal.
Some benefit of goal setting in an organisation includes:
Goals provides Motivation because energy are directed for accomplishment of the task.Its provides a dedicated direction for the company.Goal setting result to sense of personal satisfaction.Its bring forth clear focus on what is important.Its brings Clarity in Decision Making in a company.New goals become part of an organisation purpose of existence.Learn more about Goal setting here
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Sales is one occupation where _________ is not determined by wage or salary limits set by an employer
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Sales is one occupation where profit is not determined by wage or salary limits set by an employer.
What is sales?Sales include the step by step procedure that is used in spelling a goods or services.
The activity involves in sakes aims at selling the product to make profit.
Therefore, sales is one occupation where profit is not determined by wage or salary limits set by an employer.
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CRM systems allow marketing managers to identify potential customers via??the Internet.social media.word-of-mouth referrals.cold calling.
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CRM systems allow marketing managers to identify potential customers via social media.
An illustration of marketingIt is, in essence, an action made to draw attention to a business's offerings, which may include both physical products for sale and services provided. Advertisements in magazines, billboards on the side of the road, and television commercials are a few instances of marketing in action.
What part does marketing play?The benefit of marketing to your company is that it informs consumers about your goods and services, engages them, and influences their decision to purchase. A marketing strategy, which should be a component of your business plan, can also aid with demand creation and maintenance as well as relevancy, reputation management, and competitiveness.
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which term refers to the risk that the cost of rolling over or re-borrowing funds will rise above the returns being earned on asset investments?
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Refinancing risk is the possibility that the cost of renewing or borrowing money may be higher than the profits on asset investments.
The possibility that a person or company won't be able to refinance an existing loan at a vital time for the borrower is known as refinancing risk. The risk you run when refinancing is significantly impacted by your credit score. In order to lower the risk involved with refinancing, lenders place a strong focus on a borrower's track record of on-time debt payments. The ability of the bank or financial institution to refinance the matured liabilities, but only at extremely high interest rates, can also be a sign of refinancing risk. This has a negative impact on the income profile of the institution, which is decided by the bank's net interest income.
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a good intended for final use by consumers rather than business
Answers
Answer:
A consumer good is a product intended for final use by a consumer.
Explanation:
Consumer good: a good intended for final use by consumers rather than by businesses
Suppose that a sales tax is levied on milk at rate T, such that if a litre of milk is sold at price P, then the payment actually received by the seller is P/(1+T). Let p = log P and t := log(1 +T), so that log[P/(1+T)] = p — t. The log demand and supply for milk
Answers
The log demand and supply for milk can be represented by equations involving the log of the milk price.
To determine the log demand and supply for milk, we need to consider the relationship between price and quantity in the logarithmic form. Let's denote the quantity demanded as Qd and the quantity supplied as Qs.
The log demand equation can be expressed as Qd = f(p), where p represents the log of the milk price. The log demand equation indicates how the quantity demanded changes in response to price variations.
The specific form of the demand equation depends on the factors affecting milk demand, such as income, taste, and the price of substitutes. Without additional information, we cannot provide an exact functional form for the log demand equation.
Similarly, the log supply equation can be expressed as Qs = g(p), where p represents the log of the milk price. The log supply equation represents the relationship between the quantity supplied and the price of milk.
It depends on factors such as production costs, technology, and the availability of inputs. Again, without specific information about these factors, we cannot provide a precise functional form for the log supply equation.
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distinguish between products tax and production tax
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Answer:
Some examples of production taxes are land revenues, stamps and registration fees and tax on profession. Product taxes are paid on the actual volume of production. It is paid per unit of product. For example, excise duty, service tax, sales tax etc.
2. Once someone is promoted to facility manager, the job becomes easier because the person has subordinates who can help them. Therefore, they do not need to spend as many hours at the facility. a. True b. false
Answers
The statement "Once someone is promoted to facility manager, the job becomes easier because the person has subordinates who can help them. Therefore, they do not need to spend as many hours at the facility" is false because the promotion to the position of facility manager often means that more responsibilities are entrusted to the person holding that position and the job becomes more challenging.
Facility management involves a wide range of responsibilities and duties that are essential for the smooth operation and maintenance of a facility.
Once someone is promoted to the position of facility manager, they become responsible for supervising the daily operations of the facility, coordinating with various teams, overseeing facility maintenance and repairs, ensuring compliance with safety and health standards, and managing the facility's budget and resources.
As such, the job of a facility manager can become more demanding after their promotion. Although subordinates may provide support, they do not take away the facility manager's responsibility for ensuring that all aspects of the facility's operation are running smoothly.
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In the securities markets, capital gains take place when
A) the value of the Dow Jones Industrial Average appreciates.
B) a security sells for more than the original purchase price.
C) additional investors buy stock in an existing corporation.
D) stockholders profit from the firm's use of leverage.
Answers
In the securities markets, capital gains take place when the value of the Dow Jones Industrial Average appreciates.
What is capital gains?
Capital gains is when the value of a security appreciates. This means that the purchase of the security is less than the current value of the of the security. Capital gains are not realised until the security is sold.
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What is a new way of doing things that initially does not meet the needs of existing customers? multiple choice question. digital darwinism sustaining technology disruptive technology
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Disrupted technology is a new way of doing things that initially does not meet the needs of existing customers? multiple choice question. digital darwinism sustaining technology disruptive technology
What is Disrupted technology?Innovations known as disruptive technologies fundamentally change how markets, industries, or businesses function. Because it has characteristics that are unmistakably superior to the systems or practices it replaces, disruptive technologies sweep aside their predecessors.
Examples of recent disruptive technologies include GPS devices, ride-sharing apps, online news sources, and e-commerce.
The vehicle, electricity, and television were revolutionary inventions in their own eras.
A disruptive technology replaces an outdated procedure, item, or practice.
At least to early adopters, it typically offers better qualities that are readily apparent.
Disruptive technologies are typically produced by startups rather than well-established businesses.
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Carlo implemented some management changes that increased worker productivity in his company. This increased the _____ and led him to _____ workers.
Answers
This increased the marginal revenue product of labor and led him to hire more workers.
What is marginal revenue?The additional income generated by hiring an additional employee is represented by the marginal revenue product of labor. The wage that the firm pays is the market wage rate established by the forces of supply and demand, and it represents the actual wage that the company is ready and able to pay for each new employee that they hire.This is so that the business does not have to decrease its prices in order to sell more units of its output when there is perfect competition since it is a price-taker. The market wage rate is a representation of the marginalTo learn more about marginal revenue refer to:
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Some HR workers investigate possible company violations. Why is it important for these workers to reserve judgment and be impartial? Explain in your own words. Then, imagine a situation in which someone may NOT reserve judgment and/or may NOT be impartial. Describe that situation.
Answers
To ensure a fair and impartial investigation, HR employees investigating potential company violations must reserve judgment and remain impartial.
Why is it critical for these employees to exercise impartiality and reserve judgment?HR professionals can gather all relevant data, facts, and evidence if they are impartial, and then evaluate it without having any preconceived notions or personal biases. They are able to make sound decisions using this strategy rather than relying on their own irrational thoughts or feelings to make decisions.
A situation in which the HR worker conducting the investigation is personally connected to or has a close relationship with the accused party could indicate that the individual may NOT reserve judgment or be impartial.
In such a scenario, the HR employee may feel compelled to safeguard their friend or coworker, which may result in a biased investigation and a result that does not accurately reflect the situation. The HR department's impartiality and integrity could be questioned in this scenario, which would jeopardize the investigation.
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A+ Modeling Agency signs a contract with Sandi to do a photo shoot for the local used car dealer's advertising. The contract was most likely written by
Answers
The contract between A+ Modeling Agency and Sandi for the photo shoot was most likely written by A+ Modeling Agency or their legal representatives.
In business transactions like signing contracts, it is typically the responsibility of one of the involved parties or their legal representatives to draft the contract. In this case, A+ Modeling Agency is hiring Sandi for a photo shoot, so it is reasonable to assume that A+ Modeling Agency or their legal representatives would have prepared the contract.
As the contracting party seeking specific services, A+ Modeling Agency would outline the terms and conditions of the agreement, including details such as payment, usage rights, scope of work, duration, and any other relevant provisions.
Since the contract is specific to the photo shoot arranged by A+ Modeling Agency, they are the most likely party to draft the contract to ensure that it aligns with their requirements and protects their interests.
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Match the types of players with the economic system in which they make the important economic decisions
Answers
Answer:
La teoría de juegos es un área de la matemática aplicada que utiliza modelos para estudiar interacciones en estructuras formalizadas de incentivos (los llamados «juegos»). La teoría de juegos se ha convertido en una herramienta sumamente importante para la teoría económica y ha contribuido a comprender más adecuadamente la conducta humana frente a la toma de decisiones. Sus investigadores estudian las estrategias óptimas así como el comportamiento previsto y observado de individuos en juegos. Tipos de interacción aparentemente distintos pueden en realidad presentar una estructura de incentivo similar y, por lo tanto, se puede representar mil veces conjuntamente un mismo juego
Explanation:
Yasmine and her spouse Carlos, who file married filing jointly, provide all the support for their 16-year-old son, Miguel. If Miguel qualifies as a qualifying child under the dependent rules, Yasmine and Carlos will be able to claim a.$0 b.$500 c.$1,000 d.$2,000 e.$2,500
Answers
The amount that Yasmine and Carlos, who file married filing jointly, can claim for the support of their 16-year-old son, Miguel, is d.$2,000.
The dependent rule states that since Miguel is under 19, he is a qualifying child. And the total amount allowed for 2020, for example, cannot exceed $2,000.
Thus, Yasmine and Carlos will be able to claim $2,000 under the dependent rules.
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if a 25% change in price results in a 40% change in quantity supplied, then the price elasticity of supply is about a. 1.60, and supply is elastic. b. 0.63, and supply is inelastic. c. 0.63, and supply is elastic. d. 1.60, and supply is inelastic.
Answers
The ideal decision (a). If a 25% change in price causes a 40% change in the amount delivered, supply is elastic since its price elasticity is roughly 1.60.
What does supply price elasticity mean?A good or service's responsiveness to supply after a change in its market price is measured by its price elasticity of supply. Basic economic theory states that when a good's price grows, so will it's supply. A good's supply will fall when its price rises, on the other hand.
The price elasticity of supply is calculated as follows: % change in quantity supplied / % change in price. Economists determine whether the quantity provided of an item is elastic or inelastic by calculating the price elasticity of supply.
the supply's price elasticity
= % variation in the amount supplied / Price variation in %.
= 40% / 25%
= 1.6
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For Johnson and Johnson, I need help addressing the FV based off
the data from the end of Q1 2022. Thanks!
Time Value of Money - Future Value Annuity
Number of Years
Rate of Return
Payment
Time Value of Money - Future Value of Lump Sum
Rate
Years
Initial Investment
Answers
To calculate the future value (FV) based on the data from the end of Q1 2022 for Johnson & Johnson, we need the following information:
Future Value Annuity:
Number of Years: The number of years for which the annuity payments will be made.Rate of Return: The rate of return or interest rate for the annuity.Payment: The payment amount made at regular intervals.Future Value of Lump Sum:
Rate: The rate of return or interest rate for the lump sum.Years: The number of years for which the lump sum will be invested.Initial Investment: The initial amount invested as a lump sum.Read more about Future Value of an annuity here brainly.com/question/5303391
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An economic principle states that the lower the price of a product, the greater the quantity consumers will wish to purchase. This principle is based on the critical assumption that
Answers
Drag each option to the correct location.
Match the scenarios to the factors that affect the labor market.
foreign direct investment
outsourcing
immigration
Answers
Each scenario should be matched to the factors that affect the labor market as follows:
Immigration: Carlos is moving from Mexico to the United States because he got a job in a bank. He had his interview last month, and the bank agreed to hire him because he was willing to work for 10% less than most American workers, even though he has the same qualifications.Foreign direct investment: A US supermarket chain is going to open a few supermarkets in Europe because a recent survey showed that the chain has a huge potential for profits in Europe.Outsourcing: A renowned US information technology firm has recently signed a contract with a company based in the Philippines. The Filipino company will handle the accounts of the US firm. The US firm made this decision to reduce labor costs.What is immigration?Immigration can be defined as the movement of a group of people from one geographical region to another geographical destination such as a city, especially in search of any of the following:
Good governanceSecurityBetter living conditions.WorkJobsSocial amenitiesWhat is a foreign direct investment?A foreign direct investment (FDI) simply refers to a type of investment which is made by an individual or business organization (investor) into an investment market that is located in another country.
In conclusion, an example of foreign direct investment (FDI) is a US supermarket chain that is planning to open a few supermarkets in a country in Europe.
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Answer:
Post Test: Free Market and Businesses
Unit: 2
Economics
Question #12
__________________________________________________________
This is 100% right because I took the test
Go to explanation for picture with answers
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Explanation:
Here's the picture and I hope this helped!
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b) Explain briefly why a fiscal policy is relatively less effective in an open economy than in the closed economy [4 marks] c) Under what condition(s) will a depreciation of the domestic currency improve the trade balance? [4 marks]
Answers
(b) Fiscal policy is relatively less effective in an open economy compared to a closed economy due to the presence of international trade and capital flows. (c) A depreciation of the domestic currency can improve the trade balance under the following conditions; Price elasticity, Import dependence, Export-oriented industries.
Fiscal policy is relatively less effective in an open economy compared to a closed economy due to the presence of international trade and capital flows. In an open economy, changes in fiscal policy, such as government spending or taxation, can have spillover effects on other countries through trade and financial channels. Here are a few reasons why fiscal policy may be less effective in an open economy;
Leakage through imports: When a government implements expansionary fiscal policy to stimulate domestic demand, it can lead to an increase in imports. This is because a portion of the increased income or demand may be used to purchase foreign goods and services.
Capital mobility: In an open economy, capital flows can respond to changes in fiscal policy. If expansionary fiscal policy leads to higher government borrowing and an increase in the budget deficit, it can lead to higher interest rates, attracting foreign investors seeking higher returns.
A depreciation of the domestic currency can improve the trade balance under the following conditions;
Price elasticity of demand: If the demand for exports and imports is price-sensitive, a depreciation of the domestic currency can lead to an increase in export competitiveness and a decrease in import competitiveness. This can result in higher export volumes and reduced import demand, improving the trade balance.
Import dependence: If a country is heavily dependent on imports for its domestic consumption or production, a depreciation of the domestic currency can make imports more expensive. This can incentivize consumers and businesses to substitute imports with domestically produced goods or locally available alternatives, reducing imports and improving the trade balance.
Export-oriented industries: If a country has a significant presence in export-oriented industries, a depreciation of the domestic currency can enhance the competitiveness of these industries in international markets. This can lead to increased export revenues and a positive impact on the trade balance.
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1. One advantage of sole proprietorship is:
A. -easing of starting.
B -availability of different talents.
C -unlimited life of the company.
D -double taxation
Answers
Wisdom Co. has a note payable to its bank. An adjustment is likely to be required on Wisdom's books at the end of every month that the loan is outstanding to record the:
Answers
Wisdom Co. has a note payable to its bank. An adjustment is likely to be required on Wisdom's books at the end of every month that the loan is outstanding to record the: accrued interest expense for the month.
What is Accrued interest expense?
Accrued interest expense will appear on the income statement but not on the statement of cash flows.
Under the accrual method of accounting, the account 'Interest Expense' shows the interest that occurred during the period of time covered by the financial statement.
When that interest is past its due date for payment, it should be recorded as 'Interest Payable'.
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State any five reasons why an entrepreneur may carryout Market survey.
Answers
Answer:
to know what the other people are interested in, for example they do a survey to see how much of each product they need and the popularity of how many people like the stuff, those are 2 reasons, quantity and I would say popularity 3: get the people to know that enreprenuer cares 4 and five just think about it, I cant really think of anymore
Explanation:
Answer: Whether you are thinking of venturing into a new market or launching a new product, conducting a marketing assessment is the crucial first step in determining if there is a need or a potential customer base for your product. Why is market research important for new business ideas? Market research should never be underestimated. Many successful new businesses enjoy longevity because their owners conduct regular market research to understand their target market, identify consumer problems and pinpoint realistic competitors. Determine key market factors: Cost, Consumer Demographics, Challenges, Opportunities. ... These factors will help you determine how you will need to market to consumers, face your competition, and develop your overall business plan.
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Explanation: