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- The following table shows the expenses and income for a local college student. Assume that amounts shown for salaries and wages are after taxes and that 1 month = 4 weeks. Income Expenses Part-time Job: $1100/month Rent: $550/month Student Loans: $8400/year Groceries: $50/week Scholarship: $5700/year Tuition and Fees: $7500/year Health Insurance: $40/month Entertainment: $40/week Phone: $65/month a) What is the student's monthly income? b) What is the student's monthly expenses? c) What is the student's net monthly cash flow?An education can be the key to higher earnings. In a U.S. Census Bureau study, high school graduates earned $30,312 per year. Associate's degree graduates averaged $36,867 per year. Bachelor's degree graduates averaged $51,674 per year. a. Assuming a 49-year work-life, calculate the lifetime earnings for a high school graduate, associate's degree graduate, and bachelor's degree graduate. ipped Lifetime Earnings High school graduate Associate's degree graduate Bachelor's degree graduate b. What's the lifetime income difference between a high school and associate's degree? Difference c. What about the lifetime difference between a high school and bachelor's degree? Difference Mc Graw Hill hpThe following tables show expenses and income for various individuals. Find each person’s net monthly cash flow (it may be negative or positive). Assume that amounts shown for salaries and wages are after taxes and that 1 month=4 weeks. Income Expenses Salary: $36,000/year Pottery sales: $200/month House payments: $800/month Groceries: $150/week Household expenses: $400/month Health insurance: $250/month Car insurance: $600 twice a year Savings plan: $200/month Donations: $600/year Miscellaneous: $800/month
- Turnover is planned at 2.5 for the six-month peris starting February 1 through July 31. Average weekly sales for that period are $75,000. What average stock should be carried in this situation? $800,000 $900,000 O $720,000 $780,000The expenses and income of an individual are given in table form to the right. Find the net monthly cash flow (it may be negative or positive). Assume that amounts shown for salaries and wages are after taxes and that 1 month= 4 weeks. Income Part-time job: $1400/month Student loans: $6600/year Scholarship: $5500/year The net monthly cash flow is $ (Round to the nearest dollar as needed.) Expenses Rent: $550/month Groceries: $40/week Tuition and fees: $7500/year Health insurance: $40/month Entertainment: $300/month Phone: $70/month CINCIA furniture store expects to sell 120 coffee tables during the next year. It costs $1.50 to store one coffee table for one year. To reorder, there is a fixed cost of $10, plus $2.80 for each coffee table ordered. In what lot size and how many times per year should an order be placed to minimize inventory costs? coffee tables per order orders per year
- A real estate company owns 120 apartments which are fully occupied when the rent is $700 per month. Analytics indicate that for each $35 increase in rent, 5 apartments will become unoccupied. What rent should be charged in order to obtain the largest gross income?In 2012 the nominal value for household spending on clothing and shoes was equal to $5013m and in 2021 it was $7036m. Using the most appropriate price index from the list below, calculate the percentage change in real household spending on clothing and shoes from 2012 to 2021 and answers the questions below. 2012 2021CPI (Clothing) 961 1057CPI (All groups) 949 1068PPI (Outputs - Clothing and textiles) 1031 1171Import price index (Clothing and textiles) 1436 1306 The percentage change in nominal household spending on clothing and shoes is equal to ______?Determine the following estimate without using a calculator. Then use a calculator to perform the computation necessary to obtain an exact answer. How reasonable is your estimate when compared to the actual answer? A full-time employee who works 40 hours per week earns $25.50 per hour. Estimate that person's annual income. Round 52 weeks to 50 weeks per year, and round the hourly wage to the nearest dollar for the estimate. The estimate of annual income is $ (Round to the nearest thousand as needed.) Use 52 weeks per year for the actual income. The actual annual income is $ How reasonable is your estimate when compared to the actual answer? Select the correct answer below and fill in the answer box to complete your choice. OA. The estimate is a little higher than the actual result. The difference is S OB. The estimate is a little lower than the actual result. The difference is $
- From Table 3, what is the projected total change and the percent change from 2020 to 2040 for the 65+ age group?The minimum amount of time an item requires to pass through a process from beginning to end (i.e., it never waits for other items) is 124 minutes. Wages average $40 per hour. There are 5 workers in the system and the worker at the slowest station needs 32 minutes to complete his work. What is the direct labor cost ($/item)? Round to 2 decimal places.The January 2010 National Health Expenditures report stated that overall health care spending in the United States rose from $7,421 per person in 2007 to $7,681 per person in 2008. Calculate the absolute change in in health care spending per person from 2007 to 2008.