The junior class will sell pumpkins as a fall project. what is the total income if they sell pumpkins for $8 each and pay the pumpkin farm a $500 fee to purchase a truckload of pumpkins

Answers

Answer 1
Answer:

Answer: Income = 8p - 500

Explanation:

The revenue they will make is the quanitity which p multiplied by the price they will sell the pumpkins for which is $8.

The income will then be Revenue - expenses which is the $500 fee.

The expression therefore is;

Income = 8p - 500

Answer 2
Answer:

Final answer:

To calculate the total income from selling pumpkins, you need to subtract the cost of the pumpkins from the revenue from sales. For example, if 100 pumpkins were sold at $8 each the income would be ($800 - $500) - $300.

Explanation:

The subject of this question is mathematics. The junior class is essentially running a small business by selling pumpkins. To find out their total income, we need to know how many pumpkins they sold. For example, if 100 pumpkins were sold, they would make 100 × $8 = $800 from pumpkin sales.

However, they also have to pay a fee of $500 to buy the pumpkins in the first place. Therefore, to find out their total income, we need to subtract the cost of the pumpkins from the revenue from sales.

If they made $800 from sales: $800 - $500 (cost) = $300. Therefore, if they sold 100 pumpkins for $8 each, their total income would be $300.

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The following are budgeted data:Sales (units ) Production (units)April 15,000 18,000May 20,000 19,000June 18,000 16,000Two pounds of material is required for each finished unit. The inventory of materials at the end of each month should equal 20% of the following month's production needs.Purchases of raw materials for May should be:a.36,800 poundsb.39,200 poundsc.52,000 poundsd.38,000 pounds

Answers

Answer:

Total= 36,800 pounds

Explanation:

Giving the following information:

Sales (units ) - Production (units):

May: 20,000 - 19,000

June: 18,000 - 16,000

Two pounds of material is required for each finished unit. The inventory of materials at the end of each month should equal 20% of the following month's production needs.

Purchases for May= production for the month + desired ending inventory - beginning inventory

Production= 19,000*2 pounds= 38,000 pounds

Desired ending inventory= (16,000*2)*0.2= 6,400 pounds

Beginning inventory= (38,000*0.2)= (7,600)

Total= 36,800 pounds

Goodwill messages include messages of thanks, recognition, and sympathy. Taking the time to write these messages gives importance to well-wishing. Which of the following are characteristics of effective goodwill messages? Check all that apply.

(A) Specific
(B) Sentimental
(C) Short
(D) Serendipitous
(E) Spontaneous

Answers

The characteristics of an effective goodwill messages includes the element of specific, spontaneous and short.

What is an effective goodwill messages?

These are kind of messages that are used in the workplace to show a sense of kindness and friendliness.

Hence, its characteristics includes the element of specific, spontaneous and short.

Therefore, the Option A, C and E is correct.

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Final answer:

Effective goodwill messages should be specific, sentimental, and short, clearly and efficiently communicating the writer's emotions and intentions.

Explanation:

The characteristics of effective goodwill messages include being specific, sentimental, and short. (A) A specific message refers to one that is detailed and direct. Instead of generic phrases, it's more effective to provide exact reasons for your gratitude or sympathy. (B) Sentimental, in this context, means that the message should touch upon emotions and feelings. It's important to create a genuine and heartfelt tone to the message. (C) Keeping the message short and to the point is often appreciated as it respects the recipient's time while effectively communicating your thoughts and feelings.

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Which of the following statements is CORRECT? The time to maturity does not affect the change in the value of a bond in response to a given change in interest rates. You hold two bonds. One is a 10-year, zero coupon, bond and the other is a 10-year bond that pays a 6% annual coupon. The same market rate, 6%, applies to both bonds. If the market rate rises from the current level, the zero coupon bond will experience the smaller percentage decline. The shorter the time to maturity, the greater the change in the value of a bond in response to a given change in interest rates, other things held constant. The longer the time to maturity, the smaller the change in the value of a bond in response to a given change in interest rates. You hold two bonds, a 10-year, zero coupon, issue and a 10-year bond that pays a 6% annual coupon. The same market rate, 6%, applies to both bonds. If the market rate rises from its current level, the zero coupon bond will experience the larger percentage decline.

Answers

Answer:

You hold two bonds. One is a 10-year, zero coupon, issue and the other is a 10-year bond that pays a 6% yearly coupon. A similar market rate, 6%, applies to the two securities. In the event that the market rate increases from the present level, the zero coupon security will encounter the bigger rate decay. In this manner, the shorter the opportunity to development, the more prominent the adjustment in the estimation of a security because of a given change in financing costs.

The Wilson family has a disposable income of $60,000 annually. Currently, the Wilson family spends 80% of new disposable income on consumption. Assume that their marginal propensity to consume is 0.8 and that their autonomous consumption spending is equal to $10,000. What is the amount of the Wilson family's annual consumer spending

Answers

Answer:

the annual consumer spending is $58,000

Explanation:

The computation of the amount of the wilson family is shown below"

Annual consumer spending is

= Disposable income × marginal propensity to consume + autonomous consumption spending

= $60,000 × 0.8 + $10,000

= $48,000 + $10,000

= $58,000

hence, the annual consumer spending is $58,000

We simply applied the above formula so that the correct value could come

And, the same is to be considered

Learning curves are useful for measuring work improvement for repetitive, simple jobs requiring short times to complete.a) true
b) false

Answers

Final answer:

Learning curves are indeed useful for measuring work improvement in repetitive, simple tasks. They represent worker improvement in efficiency and reduction in mistakes over time, as these tasks are completed on a repetitive basis.

Explanation:

The statement, 'Learning curves are useful for measuring work improvement for repetitive, simple jobs requiring short times to complete', is true. A learning curve is a concept that represents improvement in efficiency of production as workers increase in skill through repetition of tasks. This concept is often used in business and economics to measure work improvement, particularly for jobs that are simple and repetitive in nature. For instance, when an assembly line worker repeats the same task over and over, they typically become faster and make fewer mistakes over time, thus increasing productivity.

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False. Learning curves have limited application for assembly-lines with short, repetitive jobs.

"When The Bank of Bank County borrows funds from the Federal Reserve; the rate the Fed charges the commercial bank is called the _____ rate."

Answers

Answer: Bank Rate/ Discount Rate

Explanation:

The Bank Rate is the interest rate that the Fed as the country's Central Bank charges commercial banks when they borrow money from it. The loans given are usually short term in nature.

The Bank Rate is a very useful tool in Monetary Policy by the Central Bank. If the Fed for instance would like to increase Economic activity by injecting cash into the economy, they can lower the bank rate and thus encourage more banks to loan money from them which will then be loaned to the public. If the Fed wanted to decrease Economic activity, the reverse would hold true.

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