Consider Luis's decision to go to college. If he goes to college, he will spend $21,000 on tuition, $11,000 on room and board, and $1,800 on books. If he does not go to college, he will earn $16,000 working in a store and spend $7,200 on room and board. Luis's cost of going to college is

Answers

Answer 1

Answer:

$42,600

Explanation:

The computation of the cost of going to college is given below:

the total cost when he goes to college he spends

21,000 on tuition

11,000 on room and board

1,800 on books

So, the total should be $33,800

Now in the case when he does not go to college

So,  

he will earn 16,000 working in a store

and spend 7,200 on room and board

So, the saving amount should be

=  16,000 - 7,200

= $8,800

Now the cost should be  

= 33,800+8,800

= $42,600


Related Questions

Rivalry among competing sellers is generally more intense when Group of answer choices industry conditions tempt competitors to use price cuts or other competitive weapons to boost unit volume. barriers to entry are high and buyer switching costs are high. barriers to entry are moderately high and the pool of likely entry candidates is small. buyer demand is growing rapidly. the industry's driving forces are strong and rivals have strongly differentiated products.

Answers

Answer:

industry conditions tempt competitors to use price cuts or other competitive weapons to boost unit volume.

Explanation:

Rivalry refers to the competitions that take place among firms in an industry with the aim of capturing greater market share

rivalry is influenced by :

1. barriers to entry :

If barriers to entry is high, there would be few firms competing for customers, so there would less intense rivalry

2. differentiation of goods in the industry :

If goods are differentiated, goods are unique from that of competitors. so there would be less need for intense rivalry

The AD Curve ________. A) indicates the level of aggregate output corresponding to different goods-market-clearinglevels of the inflation rateB) is downward sloping, because with higher inflation comes higher interest rates and lower spending, so equilibrium aggregate output declines C) explains how inflation affects output in the short runD) all of the above

Answers

Answer:

D) all of the above

Explanation:

The AD curve shows the aggregate output level that should be for different kinds of goods have the inflation rate

It is downward sloping due to more inflation that raised the inflation rate due to this less spending should be there

Also it described how the inflation impacts the output for the short period of time

Therefore the option d is correct

what can be the scopes of technicians​

Answers

Answer:

Technicians are skilled workers that work with complex systems or perform highly technical mechanical or diagnostic tests. Depending on the field, technicians may work independently or under the direction of a professional. Technicians can work indoors or might spend most of their time outside.

Calculate the WACC for the following data: A company raised $100,000,000. $50,000,000 came from the sale of bonds which have a current yield of 8%. $25,000,000 came from the sale of common stock which has a cost equal to 14%. The final $25,000,000 came from the sale of preferred stock which has a cost equal to 10%. The company's tax rate is 50%.Group of answer choices

Answers

Answer:

WACC = 8%

Explanation:

WB = Weight of bond = Amount raised from bond / Total amount raised = $50,000,000 / $100,000,000 = 0.50

WC = Weight of common stock = Amount raised from common stock / Total amount raised = ($25,000,000 / $100,000,000) = 0.25

WP = Weight of preferred stock = Amount raised from preferred stock / Total amount raised = ($25,000,000 / $100,000,000) = 0.25

CB = Cost of bond = Current yield of the bond * (100% - Tax rate) = 8% * (100% - 50%) = 4%

CC = Cost of common stock = 14%

CP = Cost of preferred stock = 10%

Therefore, weighted average cost of capital (WACC) can be calculated as follows:

WACC = (WB * CB) + (WC * CC) + (WP * CP) = (0.50 * 4%) + (0.25 * 14%) + (0.25 * 10%) = 0.08, or 8%

Leo's Lawncare purchased equipment on January 1. The cost was $15,000, and the equipment had a residual value [salvage value] of $5,000. The equipment was given a useful life of 10 years. After the end of two years, it was determined that the equipment would be obsolete in 5 more years and the residual value would still be $5,000. What will be the depreciation under the straight-line method to the nearest dollar be for the third year

Answers

Answer:

$1,600

Explanation:

The computation of the depreciation expense for the third year is shown below:

The yearly depreciation expense is

= ($15,000 - $5,000) ÷ $10

= $1,000

For two years is should be

= $1,000 × 2

= $2,000

Now the depreciation expense for the third year is

= ($15,000 - $2,000 - $5,000) ÷  5 years

=  $1,600

A furniture producer has decided to buy its upholstery cloth from new suppliers. The president has given the purchasing manager responsibility to make the final selections and negotiate the terms. The purchasing manager looks through books with samples and specifications and then calls salespeople to make presentations to the production manager, who is concerned about how easy the cloth will be to cut and sew. In this case, the purchasing manager is a(n

Answers

Answer: All of the above

Explanation:

The options to the question include:

A. influencer.

B. a buyer.

C. a decider.

D. a gatekeeper.

E. all of the above

Based on the information given in the question, the purchasing manager is a buyer, influencer, gatekeeper, and decider.

The gatekeeper is a person who blocks the way between an individual and the decision maker in an organisation. This can be seen as he looks through books with samples and specifications and then calls salespeople to make presentations to the production manager.

The purchasing manager is also the decider as he makes the decision in the buying process for the organization. He's also the buyer and the influencer. Therefore, the correct option is All of the above.

It is said that in a perfectly competitive market, raising the price of a firm's product from the prevailing market price of $179.00 to $199.00, ____________________. will likely cause the firm to reach its shutdown point immediately will cause the firm to recover some of its opportunity costs could likely result in a notable loss of sales to competitors is a sure sign the firm is raising the given price in the market

Answers

Answer:

could likely result in a notable loss of sales to competitors

Explanation:

In the case of the perfect competitive market wheen the price of the firm is increased from $179 to $199 as compared to the prevailing market price so this means that there should be the loss with respect to the sales for the competitors or rivalrs as this would result the firm to lose its overall shares to its rivalry

Therefore the above statement should be considered true

RHC Pharmaceuticals Inc., Lawrence Pharma Inc., and Quincy Pharma Inc. are three rival firms who have set up an alliance to conduct research and find a cure for cancer. They have made almost equal contributions to the research, and they also share their expertise with one another. However, the three firms will continue to behave as competitors in markets for other drugs and vaccines. What is this arrangement best referred to as

Answers

Answer:

Coopetition

Explanation:

The three firms in the question above worked together to conduct research and find a cure for cancer, and they are close competitors, this is a good explanation of how coopetition works. In coopetition, Rivals companies competing in the market for a similar customer because they deliver related products would come together to form an alliance, in a bid to achieve a common goal after which it is competition as usual. In coopetition, competitors form alliances for mutual gain.

Country A is a developing country that has a significant population and represents a sizable market for a wide range of products. It has a strong growth rate and is considered a regional economic driver. Based on this information, Country A can be classified as a ________ market.

Answers

Answer:

big emerging

Explanation:

An economy is a function of how money, means of production and resources (raw materials) are carefully used to facilitate the demands and supply of goods and services to meet the unending needs or requirements of the consumers.

Basically, there are four (4) main types of economy and these are;

I. Mixed economy.

II. Command economy.

III. Traditional economy.

IV. Pure capitalism economy.

In this scenario, Country A is a developing country with a significant population that indicates a sizable market for a wide range of products. Also, the growth rate of clCountry A is very strong and is considered a regional economic driver.

Based on this information, Country A can be classified as a big emerging market because it's capable of growing very fast to compete with other markets.

The net income reported on the income statement for the current year was $240,000. Depreciation was $50,000. Accounts receivable decreased by $10,000 and inventories decreased by $30,000. Prepaid expenses increased by $1,000 and accounts payable increased by $8,000. How much cash was provided by operating activities? Select one: a. $337,000. b. $329,000. c. $301,000. d. $321,000.

Answers

Answer:

a. $337,000

Explanation:

Calculation to determine How much cash was provided by operating activities

Using this formula

Cash provided by Operating activities=Net income+Depreciation+Account receivable+Inventories decreased -Prepaid expenses+Accounts payable increased

Let plug in the formula

Cash provided by Operating activities=$240,000 + $50,000 + $10,000 + $30,000 - $1,000 + $8,000

Cash provided by Operating activities=$337,000

Therefore the cash provided by operating activities was $337,000

Tammy is talented at craft but lacks the cash flow management skills required to run a business. She opens a store, Tammy's Craft Corner, with the help of her son David - a business major - who manages the budgets and expenses of the business. David prepares the quarterly budget and maintains a company book for recording all transactions. The company book balance that David regularly updates is the sum of:

Answers

Answer:

who the hell keeps helping novice businesses people open up? - a business major - yeah the last two were too.

Explanation:

Summary? Left over cash?

Return on shareholders' equity indicates the percent of corporate earnings for each dollar of total equity invested in the corporation, whereas the earnings-price ratio reflects the percentage earned for each dollar of Multiple choice question. preferred stock. retained earnings. average total stockholders' equity. market value of common stock.

Answers

Answer:

market value of common stock.

Explanation:

The formula for earnings-price ratio is as follow

Earnings-price ratio = Earning Per share / Market value per share

This ratio determines the percentage of earnings as compared to each dollar of equity investment.

In this ratio, the equity investment is the market value of the share.

Hence the correct option is "market value of common stock."

What are the two biggest enemies of coffee that affect the freshness of the beans (for my biggby job pls)

Answers

The answer is C I just know this to easybecause I took this test before and I got it right

The relation between quality & the human resource function

Answers

Explanation:

Human resource management play a crucial part in the whole quality management project implementation. The benefits of TQM procedures include increased quality, efficiency, and customer happiness, with Human Resource Management playing a key part in facilitating TQM activities.

Jane is trying to decide which courses to take next semester. She has narrowed down her choice to two courses, Econ 1 and Econ 2. Now she is having trouble and cannot decide which of the two courses to take. It's not that she is indifferent between the two courses, she just cannot decide. An economist would say that this is an example of preferences that: Group of answer choices all the other three answers are correct violate the assumption that more is preferred to less. are not transitive. are incomplete.

Answers

Answer:

The correct answer is the last option: Are incomplete.

Explanation:

To begin with, in the microeconomics theory the concept of preferences are refered to the situation in where the person has to decide between alternatives in order to obtain one of them that will, in theory, maximine his satisfaction. Moreover, with the purpose of being completely rational these preferences have to fullfil another mathematics characteristics such as being transitive and complete. So in the case presented when Jane is trying to decide which courses to take and she just can not decide, then that would be because the preferences are incomplete.

A strategic group consists of those firms in an industry that Group of answer choices employ similar competitive approaches and occupy similar positions in the market. are subject to the same driving forces. place about the same emphasis on each distribution channel. have similar size market shares. use the same key success factors to differentiate their products.

Answers

Answer:

employ similar competitive approaches and occupy similar positions in the market.

Explanation:

A strategic group means the set of the firms that should be within the industry that having same kind of strategy.

Also it employed the same kind of competitive approach due to this it occupied the same kind of position in the market

Therefore the first option is correct

Hence, the same is to be considered

Eduardo arranged for his employees to acquire the education and tools they need to make decisions on their own. He is now confident that his employees will be able to handle more tasks independently, without extensive managerial assistance. What can be said about Eduardo?

Answers

Answer:

Eduardo enabled them and encouraged empowerment.

Explanation:

Training can be defined as a learning process which typically involves teaching an individual or group of people skills that are relevant to their job position or roles in an organization.

Similarly, development can be defined as a strategic process which typically involves acquiring skill-sets, behaviors, and knowledge that enhances the ability of a worker (employee) to stay relevant in the industry, as well as meet changes with respect to job requirements, unending customer demands, and client support.

The main purpose of a training is to improve an employee's performance in his or her place of work while development is focused on preparing an employee for higher positions available in an organization.

In this scenario, Eduardo enabled his employees and encouraged empowerment.

Basically, he enabled the employees by facilitating a training where they acquired the requisite education and tools they need to make decisions on their own. Also, he empowered them because they can now handle more tasks independently, without extensive managerial assistance.

Within all demographics in the United States, motorists between the ages of 17 and 22 incur the highest percentages of motor vehicle infractions. When an insurance company levies very high insurance rates to customers within the aforementioned age group, what is the best categorization for the type of risk is being taken

Answers

Answer:

speculative risk

Explanation:

the risk is categorized under their age bracket since they tend to be more careless as compared to older motorists engaging in more accidents

A subject property has a swimming pool (worth $5,000) and a three-car garage (worth $4,500). Comp property A has a pool only and sold for $452,500. Comp property B has a three-car garage only and sold for $446,000. What adjusted prices should you use for these two comps in a CMA

Answers

Answer and Explanation:

The calculation of the adjusted price that could use for these two comps in a CMA is given below:

For Comp property A, the value of the garage should be

= $452,500 + $4,500

= $457,000

And, for comp property B, the value of the pool should be

= $446,000 + $5,000

= $451,000

In this way, it should be considered

what is Photosynthesis?

Freé points -,-

Answers

Answer:

photosynthesis is a process by which green plants prepare their own food with the help of sun light and chlorophyll.

Answer:

the process by which green plants and some other organisms use sunlight to synthesize nutrients from carbon dioxide and water. Photosynthesis in plants generally involves the green pigment chlorophyll and generates oxygen as a by-product.

This scenario describes a tax system. Isabel pays Tony and Juan on the computer. pays the highest tax rate on the computer. would be the most affected by an increase in the sales tax rate.

Answers

Answer: 1.Regressive

2.Same Tax

3.Tony

4.Tony

Explanation:

It's regressive as Tony who earns the least income pays a higher proportion of his tax than others.

Isabel pays thesame tax as Tony and Juan on the computer.

Tony pays the highest tax rate on the computer. He paid 1.6%, Juan paid 0.32% and Isabel paid 0.21%.

Tony would be the most affected by an increase in the sales tax rate.

Answer:

regressive, the same tax

and 3 & 4 is tony.

Explanation:

show your acquittance with report? discuss the di
different types of report.​

Answers

Answer:

A

report is written for a specific audience; it must always be accurate and objective. ... Types of reports include memos, meeting minutes, expense reports, audit reports, closure reports, progress reports, justification reports, compliance reports, annual reports, and feasibility reports

If Texia specializes in food, it can produce 1,000 units of food and 0 units of clothing this year. If it specializes in clothing, it can produce 500 units of clothing and 0 units of food. This year Urbania can produce either 500 units of food and 0 units of clothing or 200 units of clothing and 0 units of food. (assume linear production possibility frontiers) _______has the absolute advantage in the production of clothing and ________has the absolute advantage in the production of food. Texia; Texia Texia; Urbania Urbania; Texia Urbania; Urbania

Answers

Answer:

Texia; Texia

Explanation:

A country has absolute advantage in the production of a good or service if it produces more quantity of a good when compared to other countries

Texia can produce 1000  units of food while Urbania can produce 500  units of food . Texia produces more food

Texia can produce 500 units of clothing while Urbania can produce 200 units of clothing. Texia produces more clothing

Texia has an absolute advantage in both activities

Lori purchased a home for $250,000 with an additional $5,000 in related purchase costs and then added a garage at a cost of $25,000. She sold the home 10 years later for $575,000 and paid $35,000 in selling costs. She will pay capital gains tax on how much? $10,000 $260,000 $575,000 Zero

Answers

Answer: $10,000

Explanation:

If you purchase a house and pass the ownership test of having lived in the house for at least 2 years in the past 5, you can exclude $250,000 from the capital gains as a single person.

Lori passes the ownership test and so can claim the tax exclusion.

Capital gain:

= Cash received - Purchase costs

= (575,000 - 35,000) - (250,000 + 5,000 + 25,000)

= $260,000

After claiming exclusion of $250,000

= 260,000 - 250,000

= $10,000

Barclay Bikes manufactures and sells three distinct styles of bicycles: the Youth model sells for $420 and has a unit contribution margin of $165; the Adult model sells for $970 and has a unit contribution margin of $510; and the Recreational model sells for $1,120 and has a unit contribution margin of $560. The company's sales mix includes: 5 Youth models; 9 Adult models; and 6 Recreational models. If the firm's annual fixed costs total $6,620,000, calculate the firm's contribution margin per composite unit.

Answers

Answer:

the  firm's contribution margin per composite unit is $8,775

Explanation:

The computation of the firm's contribution margin per composite unit is given below:

= $165 × 5 + $510 × 9 + $560 × 6

= $825 + $4,590 + $3,360

= $8,775

Hence, the  firm's contribution margin per composite unit is $8,775

Therefore the same is to be considered and relevant

The United States has accused China of Multiple Choice contributing to the skyrocketing price of aluminum. reducing barriers in the financial sector, but not in the steel industry. facilitating its own textile industry at the expense of the United States exacerbating the global glut of steel by investing in additional production. encouraging cloud computing firms to export their services to China but not to invest.

Answers

Answer:

exacerbating the global glut of steel by investing in additional production.

Explanation:

The United States Government under President Trump accused China of promoting overcapacity in production of steel and aluminium (that is industrial overcapacity).

This over-production of steel has distorted the global market by facilitating excess exports.

However China has been taking steps to reduce excess steel production although such efforts have been inadequate.

Even less has been done about the overproduction in the aluminium industry

Evelyn paid a $700 annual premium for a business overhead expense policy that paid a monthly benefit of up to $4,000 for a benefit period of 6 months. When Evelyn became disabled she used the entire benefit for 3 months, which covered $8,000 of employee salaries, as well as $3,000 in rent and utilities. This means that the amount of the benefits which was reported as income equaled ______________.

Answers

Answer:

$12,000

Explanation:

Calculation to determine the benefits which was reported as income

Using this formula

Benefit reported as Net income=Overhead expense policy Monthly benefit

+Entire benefit for 3 months Employee Salaries

Let plug in the formula

Benefit reported as Net income=$4,000+$8,000

Benefit reported as Net income=$12,000

Therefore This means that the amount of the benefits which was reported as income equaled $12,000

What is TRUE about debt-for-nature swaps?Question 50 options: The wealthy nation's debt is forgiven when it donates money to conservation efforts. In exchange for land rights in protected areas, wealthy nations forgive part of a developing nation's debt. Wealthy nations forgive a part of a developing nation's debt if that nation promises to pay a percentage of any ecotourism profit to the wealthy nations. Part of a developing nation's debt is forgiven by wealthy nations if they promise to protect natural areas in their country. Part of a developing nation's debt is forgiven by wealthy nations if they promise to give the wealthy nations exclusive rights to vacation in protected areas.

Answers

Answer:

Part of a developing nation's debt is forgiven by wealthy nations if they promise to protect natural areas in their country.

Explanation:

Biodiversity

This is simply defined as arrays or wide ranges of plant and animal life in a particular habitat/world. It is also known as the types of organisms in a given area, the genetic differences within a population, the types of species in a community, or the different types of communities in an ecosystem.

Endangered Species

This is simply known as species whose are limited in numbers. That is the species is at risk of extinction.

Debt for nature swap

This was a form of deal made by agencies such as the World Bank with third world countries. The deals focus was that they will cancel their debt if the country will set aside a certain amount of their natural resources.

It is also known as the forgiveness or clearing of international debt in exchange for nature protection in developing countries.

Advantage and disadvantage of debt-for-nature swaps

Advantage

(1) There is an expansion of purchasing power cash donations by converting.

(2) It create an avenue for channeling spending toward goals of local environmentalist group.

3. Reduce outstanding debt etc.

Disadvantage

(1) It legitimizes debt, admitting must be repaid or repurchased.

(2) The Willingness of the debtor government to undergo the swap is small to its interest in spending local currency generated on specific environmental projects, less accuracy that funding will forthcoming than debt-for-equity swaps.

how do you calculate the area underneath the demand curve when it asks what the total value is

Answers

Answer:

Total utility

Explanation:

The demand curve gives the amount acceptable to the consumers as price for a given quantity of a product. That is to say, given the available quantity of a product, the height of the demand curve gives the amount the consumers estimate the worth of the product

The area under the demand curve, therefore, represents the amount of utility or satisfaction that can be derived from a good or service, given that the demand curve is the representation of the estimation of the worth of a good by a consumer and price that the consumers pay is the utility cost

If you borrow $421 for 9 years at an interest rate of 4%, how much interest will you pay?

Answers

I will assume it as simple interest as nothing is mentioned

SI = (P × R × T)/100

SI = (421×4×9)/100

SI = 15156/100

SI = 151.56

You will pay $151.56

Answered by Gauthmath must click thanks and mark brainliest

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