1. Use a formula to calculate the percentage of expenses for the 2013 summer budget that was spent on rent for the event. Write the formula you used and the percentage you calculated, to two decimal places, in the cell below. Hint: Use order of operations principles for the formula. (5 points)
2. A closer estimate of the total cost can be made by including the estimated sales tax. Use a formula to calculate the estimated cost for July 2014 using 7% sales tax. Then, write the formula you used and the estimated cost in the cell below. Hint: Convert 7% into a decimal for the formula. (5 points)
3. Current data can be used to predict future costs. Based on the budget for the last three summers, predict the amount of money that will be sponsored for each event in 2015. Write your prediction in the cell below, and explain how you arrived at your conclusion. Be sure to use currency formatting for the monetary amount. (5 points)
4. Based on the budget for the last three summers, predict the website hosting fee for August 2015. Write your prediction in cell A21, and explain how you arrived at your conclusion in cell A22. Be sure to use currency formatting for the monetary amount in cell A21. (5 points)
Answers
The formula that can be used to calculate the percentage of expenses from the budget will be (the amount spent on event × 100) / total expenses.
How to compute the formula?From the information given, the formula that can be used to calculate the percentage of expenses will be:
= (the amount spent on event × 100) / total expenses. The month of June will be:
= (195 × 100)/297
= 65.66%
The estimated cost for July 2014 using 7% sales tax will be:
= 360 + (7% × 360)
= $385.20
Learn more about budget on:
https://brainly.com/question/24940564
#SPJ1
Related Questions
An organizational consultant is working for a large religious charity and is tasked with considering how to make changes in keeping with the spiritual beliefs of the organization. Which source of information used in evidence-based management is being used here
Answers
The organizational alternate that's taking place right here in control is making planning.
What is the planning?Planning is the manner of questioning concerning the sports required to achieve a preferred goal. Planning is primarily based on foresight, which is the essential capability for intellectual time travel.
The evolution of forethought, the capability to assume ahead, is taken into consideration to have been a high mover in human evolution. Planning is an essential part of smart behavior.
It entails using common sense and creativity to visualize not only a desired end result, but also the steps required to achieve that end result. vital element of making plans is its adherence to forecasting.
Forecasting ambitions to expect what the future will look like whilst making plans to imagine what the future may want to look like.
Planning in step with established standards is a central part of many expert occupations, especially in fields including control and business.
Once a plan has been evolved, it's feasible to measure, investigate, and investigate progress, performance, and effectiveness. As occasions alternate, plans may also need to be changed or abandoned.
Learn more about Planning, refer to:
brainly.com/question/14620532
#SPJ1
Matt and Evelyn have a 30-year $160,000 mortgage on their home. The majority of each monthly payment for the first five years of the loan goes to pay the:
Answers
The majority of each monthly payment for the first five years of the loan goes to pay the interest. As Matt and Evelyn have a 30-year, $160,000 mortgage.
What are monthly payments?Monthly payments are the installment or the payouts which are given to the employees, both can consider as the monthly payments. Monthly pay can be taken or received by the person, if the person is working they will get and if one has take loan they have to give.
Thus, it is interest.
For more details about Monthly payments, click here:
https://brainly.com/question/14064255
#SPJ1
Terry took out a mortgage loan for $100,000 at an interest rate of 11.5% for 30 years. if terry had not had a bankruptcy on her credit report, her payments could have been $524.07 per month. how much is terry paying in additional interest over the life of the loan?
Answers
Because Terry had a bankruptcy on her credit report, the additional amount of interest that Terry is paying over the life of the loan is $167,839.720.
What is interest?Interest is the finance charge for a loan or mortgage.
It is calculated on the principal amount based on the agreed rate and maturity period of the loan.
We can compute the interest using an online finance calculator as below.
Data and Calculations:Home Price= $100,000
Down Payment = 0%
Loan Term = 30 years
Interest Rate = 11.5%
Monthly Payment: $990.29
Normal monthly payment (without a bankruptcy) = $524.07
Total of 360 Mortgage Payments = $356,504.92 ($990.29 x 30 x 12)
Total of 360 Mortgage Payaments without bankruptcy = $188,665.20 ($524.07 x 30 x 12)
Additional payment in interest = $167,839.720 ($356,504.92 - $188,665.20)
Thus, the additional amount of interest that Terry is paying over the life of the loan is $167,839.720.
Learn more about interest calculations at https://brainly.com/question/25545513
#SPJ4
Answer:
49,200
Explanation:
Took the test on Edge
What is a creditor legally required to do if you dispute a debt?
O A. The creditor must cancel the dispute.
B. The creditor must investigate the dispute.
O c. The creditor can ignore the dispute.
O D. The creditor may choose to ignore the dispute.
Answers
A creditor is legally required to investigate the dispute if the debtor dispute a debt.
What is a debt dispute?This refers to an disagreement between the creditor and the committee as to the existence of a debt owed by the committee.
Hence, he creditor is legally required to investigate the dispute if the debtor dispute a debt.
Therefore, the Option B is correct.
Read more about debt dispute
brainly.com/question/3079222
#SPJ1
The ability to access food, water, and shelter falls under the right to:
Answers
One school of thought that developers have about primary keys is to add an additional column to uniquely identify each record. which is another school of thought?
primary keys should not be used at all.
a primary composite key should be used.
find unique values already in the data.
a default identifier should be created.
Answers
The another school of thought is:a primary composite key should be used.
Primary composite keyA composite primary key can be defined as those key that are made up of several columns.
A composite primary key column value cannot be NULL or have no value and in a situation were the column value are all stacked up or heaped together the values must be unique or peculiar.
Therefore the correct option is B.
Learn more about Primary composite key here:https://brainly.com/question/10167757
#SPJ1
If the police want to enter a home to find evidence, what must they request?
Answers
Answer: warrant
Explanation:
Last week Sarah Carver worked 4 overtime hours at time-and-a-half pay. Her
regular pay rate is $8.70 per hour. What was her overtime
pay for the week
Answers
Answer:
34.80
Explanation:
8.70 times 4 is 34.80
Answer:
69.60
Explanation:
8.70 x0.5 = 17.4
17.4 is time and a half rate
17.4 x 4 = 69.60
4 is the hours she worked.
Read the following statements and decide in which one you think it is ?
Contact lenses for a person who wears glasses?
A. Economic good/Economic service?
B. Consumer product/Industrial product?
C. Classification(s) of consumer or industrial product?
Answers
Answer:
Uhm...C?
Explanation:
I think so I hope this helps...
What is the best advice to keep in mind as you grow your business?
Answers
Answer:
Be smart and watch out for snakes
Which consideration must a society address when deciding for whom to produce a potentially scarce or limited resource?.
Answers
The consideration that a society must address when deciding for whom to produce a potentially scarce or limited resource is: Who has the greatest need.
What is Limited resources?Limited resource is when the economy of a country has enough or sufficient resources which they can access or make use of whenever they are in need of it.
When deciding for whom to produce a scarce or limited resource we have to look out for who has the greatest or highest need.
Therefore the consideration is who has the greatest need.
Learn more about limited resources here:https://brainly.com/question/26152279
#SPJ1
Answer:
who has the greatest needs
Explanation:
Which group is projected to make up almost 60% of the workforce by 2029?.
Answers
If banks increase excess reserves to increase their ability to absorb a higher rate of defaults: Group of answer choices the actual multiplier will rise. the actual multiplier will fall the potential multiplier will rise. the potential multiplier will fall.
Answers
The upward push of reserves through banks to take better charge of defaults is the reason the real multiplier will fall.
What is a multiplier?A multiplier is a monetary factor that, when increased or changed, causes an increase or change in a variety of other related monetary variables.
In terms of gross home product, the multiplier impact explains profits in overall output to be more than the difference in spending that brought about it.
The time period multiplier is generally utilized in connection with the relationship between authorities' spending and overall country-wide income.
Multipliers are also utilized in explaining fractional reserve banking, referred to as the deposit multiplier. A multiplier is absolutely something that amplifies or booms the bottom cost of something else.
A multiplier of 2x, for instance, could double the bottom discern. On the other hand, a multiplier of 0.5x could truly reduce the bottom discernible by half. Many specific multipliers exist in finance and economics.
So from the above clarification, it's clear that the real multiplier will fall, that the best option.
Learn more about Multiplier, refer to:
brainly.com/question/16334081
#SPJ1
Which nims management characteristic includes documents that record and communicate.
Answers
Answer:
Should be Incident Action Planning or IAP for short
Explanation:
interview a business owner in your local community on initiatives that he/her has undertaken to address unemployment as a socio-economic issue and provide evidence of the interview
Answers
It is essential to prepare a script with well-structured and organized questions to conduct an effective interview on any topic.
What to ask in an interview for a survey?The questions must be objective to avoid ambiguity and obtain the answers that will solve your thesis. To interview a company manager about a crisis in the workplace, some questions might be:
How is its impact on economy?
What is an unemployment management plan?
How did the country get over it?
Therefore, it is essential that the research is planned and conducted in an organized and structured manner for effective results.
Learn more about interview here,
https://brainly.com/question/27763348
#SPJ1
The harrisons live in a country where they are the only business allowed to supply consumers with leather shoes. what type of economy is this an example of? competitive regulation mixed monopoly
Answers
The type of economy that the Harrison lives in is a monopoly because he supply consumers solely with leather shoes.
What is monopoly?A monopoly is when only one company offers a specific service or sells a specific product. Here Harison is the only supplier of shoes in the country where he lives.
Since there is no competition, the seller has complete control over the price hence makes as much profit as possible.
Hence, the type of economy that the Harrison lives in is a monopoly because he supply consumers solely with leather shoes.
Learn more about monopoly here :https://brainly.com/question/10867411
#SPJ4
Answer:
d
Explanation:
What color scheme would make the most sense for a spa targeting women?
o a. red
ob. blue
oc. pink
od. yellow
Answers
Answer:
Pink.
Explanation:
Because it is seen as the stereotypical colour for women, due to socialisation in different ways for each gender.
A transfer of rights in a contract is called a(n).
O A. assignment
O B. delegation
O C. breach
O D. statute
Answers
Answer:
Either B or C; but i think its B
Explanation:
Answer: it’s A
Explanation:
commenter corrected the answer. I can also confirm it’s A, assignment.
An HR executive observes that telework or telecommuting has been a rising trend. She considers developing a policy to allow telecommuting at her company. Which statement is a fact about telecommuting that would support implementing this policy
Answers
"An HR executive observes that telework or telecommuting ..." the statement that is a fact about telecommuting that would support implementing this policy is. Telecommuting may support a strategy of corporate social responsibility. This is further explained below.
What is Telecommuting?Generally, Telecommuting is simply defined as using technology to do business from one's own home, usually via the use of email and a telephone.
In conclusion, In favor of enacting this policy, "An HR executive notes that telecommuting" is a fact concerning telecommuting. Corporate social responsibility may benefit from the use of telecommuting.
Read more about Telecommuting
https://brainly.com/question/6233218
#SPJ1
20 points Help fast picking brainliest!! Zack wants to cut down on his variable expenses. What will reducing variable expenses allow him to do?
Reducing variable expenses will allow Zack to save for blank (fixed expenses, unexpected expenditure, variable expenses) and blank (variable expenses in the future, emergencies, increase fixed expenses
Answers
Zack can reduce his variable expenses and channel that amount for any unexpected expenses or any other fixed expenses or for emergencies.
What are variable expenses?
A variable expense may arise from month to month, it is variable in nature. But the amount you pay in any given month may be different from previous payments or future payments.
Examples of variable costs are Gas, Parking fees, Groceries, Eating out, Clothes, and many more.
Thus, Zack can reduce his variable expenses and channel that amount for any unexpected expenses or any other fixed expenses or for emergencies.
To learn more about variable expenses refer:
https://brainly.com/question/13961075
#SPJ1
Answer:
1 unexpected expenditure
2 emergencies
Explanation:
got it right on plato
A monopolist can sell 300 units of output for $50 per unit. Alternatively, it can sell 301 units of output for $49.60 per unit. The marginal revenue of the 301st unit of output is
Answers
The marginal revenue of the 301 unit of output is -$75.40.
What is Marginal Revenue?
The marginal revenue refers to the amount, any company produces on each sale of their product.
300 units sell with the output for $45 per unit
301 units sell with the output for $44.60 per unit.
To calculate marginal revenue of 301 unit
[tex]= (300\times\$45) - (301\times\$44.6)\\= \$13,500 - \$13,424.6\\= -\$75.40[/tex]
So, the marginal revenue of 301 unit of output will be -$75.40
Learn more about marginal revenue refers, here:
https://brainly.com/question/13873790
#SPJ1
Expressing accounts receivable as a percentage of total assets is an example of.
Answers
Expressing accounts receivable as a percentage of total assets is an example of: Vertical analysis.
What is account receivable?Account receivable is an asset and can be defined as the amount a company is expected to receive from their client for selling goods and service on credit to the client.
Vertical analysis is a method that is use to express Account receivable as a percentage of total asset based on the fact that it help to analyze a company financial statements by showing the percentage based on the figure.
Therefore Expressing accounts receivable as a percentage of total assets is an example of: Vertical analysis.
Learn more about account receivable here: https://brainly.com/question/24848903
#SPJ1
Consider a family that has one working parent, a stay‐at‐home parent, and three children. Two of the children are in elementary school, and the youngest child is in Pre‐Kindergarten. They have a house, a car, and a minivan, and they carry some credit card debt.
The house is valued at $89,000 with a mortgage balance of $80,000.
The car is worth $15,000. The family owes $15,000 on this auto loan.
The minivan is worth $20,000. The family owes $16,000 on this auto loan.
They financed new household furnishings valued at $5,000. The family owes $4,500 on this loan.
They have $15,000 in their retirement account.
They have $1,500 in emergency savings, $1,000 in savings, $500 in checking, and $1,500 in a CD.
They have $200 in cash.
Balances on the credit cards total $15,000.
The family pays $500 per month for school loans; the current balance is $25,000.
The family pays $350 per month for Pre‐Kindergarten tuition.
All of the children are on soccer teams, which costs $100 per month.
For this assignment, use the information above to answer the following questions about the family's net worth:
Calculate the family's total assets.
Calculate the family's total liabilities.
Calculate the family's net worth, and identify whether the net worth is positive or negative.
List any expenses that would not fall on the balance sheet.
Answers
1. The family's total assets = $148,700.
2. The family's total liabilities = $155,500.
3. The family's net worth is ($6,800), which is $148,700 - $155,500.
What is the family's net worth?The family's net worth is the excess of its total assets minus its total liabilities.
The net worth can be positive or negative. It is negative when the total liabilities exceed the total assets.
Data and Calculations:Assets Liabilities
House on mortgage $89,000 $80,000
Car on auto loan 15,000 15,000
Minivan on auto loan 20,000 16,000
Furnishings 5,000 4,500
Retirement account 15,000
Emergency savings 1,500
Savings 1,000
Checking account 500
CD 1,500
Cash 200
Credit cards 15,000
School loan 25,000
Total $148,700 $155,500
4. Thus, the expenses that would not fall on the balance sheet are:
Payment for school loans of $500 per monthPre-Kindergarten tuition of $350 per monthPayment for soccer teams of $100 per month.Learn more about computing net worth at https://brainly.com/question/12371230
#SPJ1
Twelve years ago, an investor bought a certain number of shares of stock for which he paid p 100 per share. at the end of each year, for the next 6 years, he received dividends of p 20 per share. thereafter he received p 10 per share at the end of each year for the next 6 years. if he sells this stock now at p 90 per share, what rate of return will he receive?
Answers
The investor will sit at a rate of return of around 170% overall in the given condition.
Who is an investor?A person who engages money into one or more classes of investment with an intention to earn monetary returns is known as an investor. In the given condition, the returns of the investor will be calculated as:
[tex]\rm Returns= Dividend\ for\ 12\ Years- Capital\ Loss\\\\\rm Returns= (120+60)-(10)\\\\\rm Returns= 170[/tex]
Thus, the value of total portfolio of the investor will be p 270 and the rate of return will be calculated as 170%.
Learn more about investor here:
https://brainly.com/question/14283683
#SPJ1
Which layer most likely has a pressure, represented in units of gpa, within the range of 310 gpa to 150 gpa?.
Answers
Answer:
It should be the outer core
Explanation:
The deadweight loss associated with a monopoly occurs because the monopolist.
Answers
The deadweight loss associated with a monopoly occurs because the monopolist produces an output less than the socially optimal level.
What is monopoly?A monopoly is an economic structure where a specific person or enterprise is the only supplier of a particular good.
The above means that company that exists in a market with little to no competition and can therefore set its own terms and prices when facing consumers, making them highly profitable.
Hence, the deadweight loss associated with a monopoly occurs because the monopolist produces an output less than the socially optimal level.
Learn more about monopoly here : https://brainly.com/question/13113415
#SPJ1
What government agency seeks to protect consumers and promote
competition?
O A. FTC
B. ITA
C. FDA
D. IRS
Help asap please
Answers
Answer:
A : the FTC
Explanation:
can i have brainliest pls
ok bye bye thank you
Which of the following might affect financial aid eligibility if money is withdrawn from it?
Opt-in plan
Roth IRA
A 529 plan
Matching program
Answers
The option that can financial aid eligibility if money is withdrawn from it is C. A 529 plan.
What is a financial aid?It should be noted that a financial aid simply means an aid that's given to people especially students to cater for their fees.
In this case, the option that can financial aid eligibility if money is withdrawn from it is a 529 plan. It enables one to save money.
Learn more about financial aid on:
https://brainly.com/question/835751
#SPJ1
Answer:
A 529 plan
Explanation:
Liquidity preference theory is most relevant to the:.
Answers
Liquidity preference theory is a theory of demand and supply that is relevant only for the short-run economy.
What is a short-run economy?A short-run economy is a time duration where one input is constant, that is, fixed whereas other inputs tend to change, that is, variable. In that time, the economy of a country variates depending on the duration of a time period.
Liquidity preference theory states that an investor demands a greater premium or rate of interest on those securities which are having longer maturity periods and keeping all the factors unchanged, the investor wants to have readable cash or other assets that can be easily converted into liquid cash. This theory is ideally suitable for a shorter-run economy where demand and supply related to money are balanced by making the rates of interest adjusted in that respect.
Therefore, the short-run economy can apply the theory of liquidity preference.
Learn more about the liquidity preference theory in the related link;
https://brainly.com/question/13017356
#SPJ1
How does scarcity determine the economic value of an item?.
Answers
Scarcity has an impact on how people value goods and services, as well as how governments and private companies divide resources. The infinite wants of the consumers define the economic value of an item.
What factors influence the economic value of an item?The relationship between supply and demand for a specific product determines relative scarcity.
The scarcity principle is an economic theory that explains the dynamic supply-and-demand price relationship.
The scarcity principle states that if an item has a low supply and a high demand, the price will rise to meet the predicted demand.
Check out the link below to know more about scarcity;
https://brainly.com/question/27445025
#SPJ1
Answer:
A) by the amount of goods that are produced
Explanation:
