Business, 22.10.2020 19:01 werewolf4751
The table below shows the annual income and hourly wage associated with two benchmark income levels. Use this information to help you answer the question below.
Hourly Wage Annual Income
2012 U. S. federal poverty line for a family of four $11.78 $23,550
2012 U. S. median household income $25.69 $51,371
Data sources: U. S. Department of Health and Human Services and the U. S. Census Bureau
For each of the professions in the left column, calculate the annual pay based on full-time, year-round employment consisting of 2,000 hours a year (40 hours per week for 50 weeks per year). Record your calculations under "Annual income" in the table. Then, find the difference between each annual wage figure and a) the poverty threshold and b) the median household income. If the difference is a negative number, record it as such. (30 points)
Hourly wage Annual income Difference between annual wage and federal poverty line Difference between annual wage and median household income
Federal minimum wage $7.25
California's minimum wage $8.00
Marketing managers $55.65
Police officers $27.40
Child-care workers $9.38
Answers: 3
Business, 22.06.2019 10:00, emwemily
Frolic corporation has budgeted sales and production over the next quarter as follows. the company has 4100 units of product on hand at july 1. 10% of the next months sales in units should be on hand at the end of each month. october sales are expected to be 72000 units. budgeted sales for september would be: july august september sales in units 41,500 53,500 ? production in units 45,700 53,800 58,150
Answers: 3
Business, 23.06.2019 01:50, katelynbychurch
Consider a firm with a contract to sell an asset for $149,000 four years from now. the asset costs $85,000 to produce today. a. given a relevant discount rate of 14 percent per year, calculate the profit the firm will make on this asset. (a loss should be indicated by a minus sign. do not round intermediate calculations and round your answer to 2 decimal places, e. g., 32.16.) b. at what rate does the firm just break even?
Answers: 3
The table below shows the annual income and hourly wage associated with two benchmark income levels....
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