the stock in bowie enterprises has a beta of 1.12. the expected return on the market is 12.40 percent and the risk-free rate is 3.27 percent. what is the required return on the company's stock? multiple choice 17.16% 15.33% 12.75% 13.12% 13.50%

Answers

Answer 1

The required return on the company's stock is 13.50 at The stock beta 1.12, Expected return on the market 12.40%, The risk-free rate 3.27%.

given data,

The stock beta = 1.12

Expected return on the market = 12.40%

The risk-free rate = 3.27%

the formula for Capital Asset Pricing Model is,

Required return = Risk free rate + Beta x (Market return - risk free rate)

substitute the above values in formula:

Required return =  3.27 + 1.12 x (12.40 - 3.27)

                           = 13.50

the required return on the company's stock is 13.50

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Related Questions

• Is provided by the government through its

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Answer:

Powers not granted to the Federal government are reserved for States and the people, which are divided between State and local governments.

while matt likes the structure provided by the rational decision-making process, you caution him that it has some shortcomings. why is the rational decision-making process difficult to apply completely in many situations? check all that apply.

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In the given situation, the rational decision-making process is difficult to apply completely in many situations because (A) managers do not always evaluate situations rationally.

What is the rational decision-making process?The antithesis of intuitive decision-making is rational decision-making. It follows a precise process that makes use of logic and objective knowledge. It entails recognizing the issue that has to be resolved, collecting data, locating options and outcomes, analyzing them, taking into account all the connections, and making a decision.A person choosing between two cars would be an illustration of a reasonable customer. Because Car B is less expensive than Car A, the consumer chooses to buy it. Although the rational choice theory is clear-cut and logical, it frequently runs afoul of reality.

Therefore, in the given situation, the rational decision-making process is difficult to apply completely in many situations because (A) managers do not always evaluate situations rationally.

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Complete question:
While matt likes the structure provided by the rational decision-making process, you caution him that it has some shortcomings. why is the rational decision-making process difficult to apply completely in many situations? check all that apply.

a. managers do not always evaluate situations rationally.

b. managers are limited by their values and conscious health.

c. managers usually have the resources to consider numerous alternatives

d. managers cannot always obtain accurate information

the number of people who shop versus the number of people who actually make or book reservations is known as the ratio. group of answer choices supply/demand look-to-book cross-selling gds

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Cross-selling involves convincing customers to purchase additional products or services in addition to the ones they had initially planned to. When they are complementary to one another, which happens frequently, customers are more inclined to purchase both cross-sold items.

When a consumer starts the checkout process or adds an item to their shopping cart, they are inferring to the company that they are a current client and intend to make a purchase. Businesses frequently use a cross-sell during this stage of the buyer's cycle by suggesting a related product or offering a discount if both are bought at once.

The practice of persuading customers to upgrade or add-on to the good or service they are purchasing is known as upselling. The advertised good or service is usually expensive which might raise the total cost of the order.

Similar to cross-selling, upselling often takes place when a customer has started the checkout process or added something to their basket and is more open to final sales pitches. The likelihood that the consumer will ultimately opt to switch at the last minute should improve as they are likely to have already done some research on the product and may have thought about the upgrade or add-on.

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To be an active participant in a meeting, it's MOST essential to do what?

A. provide new ideas

B. ask questions

C. interrupt

D. listen

PLS ANSWER QUICK ILL GIVE BRAINLIEST!!!!!!!!!!!!!!!

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Answer:

D is the correct answer

the one who listens

One of the most effective ways in which a leader establishes the organization’s ethical climate through their ______.

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One of the most effective ways for a leader to establish the organization’s ethical climate is through their ethical leadership. Fairness, integrity, trust, respect, openness, and honesty are all aspects of ethical leadership.

Understanding Ethical Leadership

The ethical climate of an organization is established by its leader's ethics. Ethical leadership is the process where a good person desires to create a better, fairer, and more humane place and also encourages everyone to do the same to accomplish a common good. The most important aspect of leadership ethics is the leader's character. Nelson Mandela is an example of a leader with strong character.

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The features and functionality of a newly installed information system are fixed or adapted during the ________ phase.

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The features and functionality of a newly installed information system are fixed or adapted during the requirements analysis phase.

Requirements analysis, also known as requirements engineering, is the process of determining user expectations for a new or changed product. These characteristics, known as requirements, must be quantifiable, relevant, and detailed. In software engineering, these requirements are often referred to as functional specifications.

In systems engineering and software engineering, requirements analysis focuses on tasks that determine a need or condition to satisfy a new or changed product or project. The main types of requirements analysis include business, customer, product, functional, and non-functional requirements. Each represents a stakeholder or phase of the project and communicates the needs of the project.

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which of the statements below is true regarding only fiscal policy? it causes ad to shift to the right. it increases the availability of money. it uses government expenditures to create demand for goods and services. it can be taken in an attempt to alter ad.

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C) It is accurate to say that only fiscal policy employs government spending to generate demand for products and services.

Describe fiscal policy.

The use of public spending and taxation, specifically macroeconomic conditions, is known as fiscal policy. Employment, inflation, economic growth, and the overall demand for goods and services are some of these.

During a recession, the government may lower tax rates or increase spending in an effort to boost the economy and demand. On the other hand, it can raise interest rates or cut back on spending to slow the economy and combat inflation. Fiscal policy and monetary policy are sometimes contrasted because monetary policy is carried out by central bankers as opposed to elected government officials.

What Are the Primary Financial Policy Instruments?

Governments can affect the economy by using fiscal policy tools. Changes in tax rates and government spending make up the majority of these.

Taxes are reduced and spending is increased to boost economic growth. This frequently involves borrowing by issuing public debt. Taxes may be increased and spending cutbacks implemented to cool down an overheated economy.

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when a company pays to put products into tv shows and movies where they will be seen by consumers, they are using a strategy called product

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when a company pays to put products into tv shows and movies where they will be seen by consumers, they are using a strategy called product placement.

In a production aimed for a broad audience, branded goods and services are featured as a kind of product placement advertising. Product placements, sometimes known as "embedded marketing" or "embedded advertising," are frequently seen in motion pictures, television programmes, home videos, radio, and—less frequently—live performances. Companies may provide a production firm or studio money, commodities, or services in return for the licence to use their products.

Product placements are used, addressed, or discussed throughout the broadcast in a way that will make viewers feel good about the promoted brand. They do not include graphic content. Instead than being explicitly advertised to, product placement allows the audience to form a better relationship with the brand in a more organic way. It's very likely that an advertiser paid for a brand to feature in a film, TV programme, or other performance. Some individuals think that this kind of advertising is fundamentally dishonest and misleading to young people who are susceptible to persuasion.

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question content areathe major objective(s) of allocations are a.to compute product-line profitability. b.to motivate managers. c.to value inventory. d.all of these choices are correct.

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Question content are a the major objective(s) of allocations are all of these choices are correct.

What does the term "main objective" mean?

something you want to do or accomplish: Her current main goal is to just maintain her position of power.

What are goals and an example?

A goal is something you intend to accomplish. A mission's overall strategy is known as a military objective. To raise money is the goal of a bake sale. You have achieved your goal if it was to learn a new term. The purpose of something is its objective.

What does the term "allocation" mean?

allocations. counting noun An allocation is a quantity of something, most often money, that is handed to a certain individual or used for a specific objective.

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the level of integration and coordination of subunits is lowest for firms following a(n) blank strategy and highest for firms following a transnational strategy. multiple choice question. localization international global standardization

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The level of integration and coordination of subunits is lowest for firms following a localization strategy and highest for firms following a transnational strategy.

What is localization strategy?A company's localization strategy is a distinctive market technique it uses to handle the varying cultural norms, consumer behaviors, and purchasing patterns in each country it operates.For businesses using a localization approach, there is the least integration and coordination across subunits, and for businesses using a transnational strategy, there is the most.This is a prime example of a localization and globalization plan that works. By enabling customers from all over the world to read subtitles in the language of their choice or select a dubbed version of the show or movie, Netflix is able to draw in such a sizable international audience.

Therefore, the level of integration and coordination of subunits is lowest for firms following a localization strategy and highest for firms following a transnational strategy.

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Correct question:

The level of integration and coordination of subunits is lowest for firms following a(n) blank strategy and highest for firms following a transnational strategy.

multiple choice questions.

a. localization

b. international

c. global

d. standardization

A _________ is a legal agreement between two or more people and is the least common form of business.

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A Partnership is a legal agreement between two or more people and is the least common form of business.

What is Partnership?An agreement between two or more people to manage a business' operations and divide its assets and liabilities is known as a partnership.All partners in a general partnership corporation split the company's assets and debts equally.Lawyers and other professionals frequently create limited liability partnerships.A partnership may have tax advantages over a corporation.A partnership, broadly speaking, can be any project that several people undertake together. Governments, charitable organizations, businesses, or private persons may be the parties. A partnership's objectives can also differ greatly.The three primary types of partnerships are general partnerships, limited partnerships, and limited liability partnerships when referring to a for-profit endeavor carried out by two or more people.

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restoration inc. enters into a contract to refurbish an old bus depot for quality diners llc. if restoration completes most of the work promised in the contract, its performance will be

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Quality Diners LLC hires Restoration Inc. to renovate an outdated bus depot. Restoration will have substantially performed if it completes the majority of the work specified in the contract.

What is renovating?

Remodeling is the process of renovating a harmed, outdated, or dilapidated building. Renovations of homes or businesses are common.

Additionally, in social contexts, the word "renovation" can refer to both the creation of something new and the revitalization of something. For instance, a community may be renovated if it is strengthened and revitalized.

Typically, there are multiple phases that make up the refurbishment process.

PlanningEngineeringRepair of structuresRebuildingFinishes

The renovation process has been significantly impacted by technology, elevating the importance and power of the planning stage. The capacity to visualize changes more effectively and for a lot less money than engaging an interior designer is made possible by the accessibility of free online design tools.'

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kellen works for a sportswear supplier and for the past month she has been focusing on nike products when talking to customers because nike is running a sales contest and she can earn an additional $2,000 if she meets her goal. this is an example of .

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Kellen works for a sportswear supplier and for the past month she has been focusing on nike products when talking to customers because nike is running a sales contest and she can earn an additional $2,000 if she meets her goal. this is an example of Trade promotion .

What do you mean by trade promotion?

It's a marketing tactic used to spur more consumer demand for goods at brick and mortar establishments. In a trade promotion, wholesalers and/or retailers are given special price breaks (typically in addition to a trade allowance), free or discounted display stands or racks, presents, or other rewards.

What does supply chain trade promotion entail?

Trade promotion is the marketing effort between retailers and manufacturers to boost demand. These initiatives could involve sales, promotions, coupons, or any other number of marketing techniques.

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a company sold equipment that originally cost $400,000 for $160,000 cash. the accumulated depreciation on the equipment was $240,000. the company should recognize a:

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The company should opt for a straight-line method when calculating the depreciation of equipment.

What is a straight-line method of depreciation?It is used to allocate the cost of a tangible or physical asset over its useful life. Depreciation indicates how much of an asset's value has been used. It allows companies to generate income from the assets they own by making payments over a period of time.The easiest way to calculate annual depreciation expense. This method deducts the same amount of depreciation from the value of the asset for each year of its useful life.A common method of depreciation that reduces the value of a fixed asset over its useful life. it is Used to reduce the book value of a fixed asset over its useful life. The straight-line method depreciates the cost of an asset by the same amount each accounting period. The value of the asset is reduced evenly over each period until the residual value is reached. Straight-line depreciation is the most common and simplest method of allocating the cost of fixed assets. It is calculated simply by dividing the cost of the asset minus the residual value by the useful life of the asset.

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which of the following must be included when an entity issues general purpose financial reports separately from a cafr? select one: a. notes to the financial statements b. introductory section c. statistical section d. combining statement of blended component units

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Notes to financial statements must be included when an entity issues general purpose financial reports separately from a CAFR. The answer is A.

What is CAFR?

CAFR stands for Comprehensive Annual Financial Report, is a set of U.S government financial statements comprising the financial report of a state, municipal or other governmental entity that complies with the accounting requirements promulgated by the Governmental Accounting Standards Boards (GASB).

Why notes to financial statements must be included?
It is the requirement when an entity issues general purpose financial reports separately from a Comprehensive Annual Financial Report (CAFR).

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QUESTION 2/10

Which of the following is a variable expense for many adults?
A. Their monthly rent payment.
C. Their monthly cost of eating out at restaurants.
B. The monthly payment on their car loan.
D. Their monthly payment for health insurance.

Answers

c. their monthly cost of eating out at restaurants.

Variable expenses refer to expenses that change from time to time. An example of variable expenses is the monthly expenses for eating out in restaurants. This is because there is no defined number of times an individual should eat in a restaurant. Thus, the cost of eating in restaurants varies every month. Fixed expenses remain constant every month. Examples of fixed expenses include money spent on health insurance, rent payment, and car loans. Therefore, it is correct to argue that the right answer is option c.

In an ____ auction, companies invite sellers to submit bids for products and services so that the buyer can choose the seller that offers the service or product at the lowest price.

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In an reverse seller-bid auction, companies invite sellers to submit bids for products and services so that the buyer can choose the seller that offers the service or product at the lowest price.

What is reverse auction?

In a reverse auction, vendors compete to set the price at which they will offer their products and services for sale. In a typical auction, a seller places an item up for bids from interested parties, who then place bids until the auction closes, when the item is awarded to the highest bidder.

What is a reverse auction's primary drawback?

Only price reductions are dealt with in a reverse auction. It does not provide information on additional contract fees. This could influence a buyer to select a vendor who offers an ostensibly low price but delivers a subpar good or service or charges a high delivery fee.

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Seasonality refers to a data pattern that repeats itself after a period of days, weeks, months, or quarters.

a. True
b. False

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This statement is True. Seasonality refers to a data pattern that repeats itself after a period of days, weeks, months, or quarters.

Due to changes in temperature, pressure, heat, and humidity, a pattern known as seasonality repeats itself after a set amount of time. It produces a climate that is suitable for a specific season.

The environment is not static; it changes over time. When an internal or external force, such as heat, pressure, or temperature, alters an existing pattern or trend, the general weather changes, and a new season begins.

Seasonality in time series data is the occurrence of variations that happen on a regular basis but less frequently than annually, such as weekly, monthly, or quarterly.

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Anastasia was trying to decide which investment plan would be best over 10 years. Bank a was offering 8. 5% simple interest on her money using the formula i = p r t. Bank b was offering 8% compounded annually using the formula a = p (1 + r) superscript t. Which bank is a better investment if she has $2,000 to invest for 10 years?.

Answers

Bank B is the better investment, where Bank a was offering 8. 5% simple interest on her money using the formula i = p r t. Bank b was offering 8% compounded annually using the formula a = p (1 + r) superscript t.

Investment = P =  $2,000

Number of years = n = 10

If the She invest in Bank A

r = 8.5% simple interest

Accumulated value after 10 years = A =P + (P x r x n) =  $2,000 + ( $2,000 x 8.5% x 10 ) = $2,000 + $1,700 = $3,700

If the She invest in Bank B

r = 8% Compounded yearly

Accumulated value after 10 years = A = P x (1 + r )^n =  $2,000 x ( 1 + 8% )^10 = $2,000 x ( 1 + 0.08 )^10 = $2,000 x ( 1.08 )^10 = $2,000 x 2.1589 = $4,317.8

= $4,318

Hence Bank B is the better investment because it make more money than in Bank A after 10 years.

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quaker, maker of oatmeal-based breakfast cereals, recently introduced a completely new family of oat-based beverages to compete with nondairy milk products. what is this strategy called?

Answers

This strategy is called as Brand Extension.

Explanation:

When a business applies one of its well-known brand names to a new product or new product category, this is known as brand extension. Sometimes people refer to it as "brand stretching." The goal of a brand extension is to assist a company launch its newest product by leveraging its existing brand equity. The business depends on its existing clientele's brand loyalty, which it hopes will make them more receptive to new products from the same brand. If it is successful, a brand extension can assist a business in reaching new demographics, growing its clientele, boosting sales, and increasing overall profit margins.

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Luc, a vehicle dealer, offers to sell mel a truck and trailer, which luc claims can haul a certain weight. He knows nothing about the capability of the truck, but it is not as he asserts. Mel buys the truck. On learning the truth, mel confronts luc, who says he was not trying to fool mel—he was only trying to make a sale. This is.

Answers

On learning the truth, Mel confronts Luc, who says he was not trying to fool me—he was only trying to make a sale. This is Fraudulent Misrepresentation.

Fraudulent misrepresentation is a civil tort bobbing up out of agreement regulation. it's miles a false announcement of the fact that causes or induces a person to go right into an agreement. A defendant commits fraudulent misrepresentation whilst he or she lies or misrepresents a crucial truth approximately which will cause or induce the opposite celebration to go into right into an agreement. The misrepresentation may be inside the shape of whatever is designed to deceive the opposite birthday party consisting of innuendos, half of-truths, or silence whilst there exists a responsibility to talk.

Fraudulent misrepresentation is a distinct prison declaration from defamation. Fraudulent misrepresentation is an agreement claim arising out of fraud that happens in breach of agreement instances, whilst defamation is a false assertion of fact made about someone.

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when can an employer perform a drug screen on employees? a. when the employee has missed four days or more of work b. when the employee calls off on mondays and fridays c. when another employee complains that an employee smells like alcohol d. when the employer has reasonable concerns of impairment

Answers

Answer:

Louisa works in Marketing. She works with several different areas of the company that employs her. Which task does Louisa have others perform?

conducting meetings at a satellite office

working on new marketing campaigns at home

participating in teleconferences in her home office

training other employees how to use a computer

Explanation:

production management is the traditional term used to describe all the activities managers do to help their firms create

Answers

Production management is the traditional term used to describe all the activities managers do to help their firms create goods.

Production is the procedure of mixing diverse fabric inputs and immaterial inputs for you to make some thing for consumption. it's miles the act of making an output, a good or provider which has fee and contributes to the utility of people.

An example of manufacturing is the producing of motors. cars are made through assembling elements together. for instance, rubber tires are introduced to steel our bodies to make seats established earlier than the auto is pushed off the production line.

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the value of the marginal product of labor is the ____________.

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The value of the marginal product of labor is the additional output produced by hiring one more unit of labor.

VMP helps to save you from labor exploitation in industries. The price of a Marginal Product is a calculation derived by multiplying the marginal bodily product by means of the common sales or the rate of the product. greater without a doubt, the system for calculating VMP is: physical Product x income rate of the Product.

The fee of the marginal product equals the salary, it also produces as much as the point at which the price equals the marginal fee.

A profit-maximizing firm chooses the number of exertions so that the price of the marginal product equals the wage.

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debt usage will have an effect on: multiple choice financial risk. asset risk. business risk. operational risk.

Answers

Debt usage will affect financial risk.

Financial risk is the type of risk where losses can be incurred by investing in a business or an investment. Parties taking the financial risk can face loss of capital.

Financial risk is the management of the debts and completion of financial obligations. These types of risks can occur in various ways such as business instability, interest rates, currencies, financial market, or movements.

There are various types of financial risks such as operational risk, market risk, investment risk, liquidity risk, or credit risk. Financial risk could occur in any form such as delay in delivery of the goods or increasing amount of debt on the business.

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an improvement made to a machine increased its fair market value and its production capacity by 25% without extending the machine's useful life. the cost of the improvement should be

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An improvement made to a machine increased its fair market value and its production capacity by 25% .The cost of the improvement should be  capitalized in the machine account.

Cost of improvement:

Cost of improvement is the capital expenditure incurred by an assessee for fabricating any addition or enhancement in the capital asset. It also includes any expenditure incurred in guarding or curing the title.

How do you treat cost of improvement?

Any capital expenditure incurred by you or former proprietor of the asset for making additions or revision to similar capital asset which enhances the valuation of the asset or rise it's price shall be treated as cost of improvement.

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Which of the following is true regarding stock options?
A. A loss is realized when stock options lapse. B. There is typically no tax effect on the grant date. C. Income recognized on the exercise date is greater for incentive stock options than nonqualified options.D. The bargain element on a nonqualified option is taxed to employees at capital gain rates

Answers

Answer: I would say b

Explanation: I search it up and this is what it told me

the four processes of map generalization: a. never happen together b. can happen together c. do not impact online maps d. are selection, qualification, quality control and implementation

Answers

The process of simplifying the representation of geographical data to produce a map at a particular scale with a clearly defined and readable legend is referred to as "map generalization."

What components make up map generalization?

In generalization, a variety of methods are used, including selection, simplification, displacement, exaggeration, and classification.

What is an illustration of generalization on a map?

For instance, a tiny black polygon that is supposed to represent a building will be perceived as a dot rather than a building. In the same way, two symbols that are too close to one another will be interpreted as one symbol even though they actually represent two distinct entities.

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mccabe corporation is expected to pay the following dividends over the next four years: $20, $16, $15, and $8.50. afterward, the company pledges to maintain a constant 5 percent growth rate in dividends forever. if the required return on the stock is 15 percent, what is the current share price?

Answers

The current share price is $95.19

A dividend is a payment made by a corporation to its shareholders that is decided by the board of directors. Dividend payments are frequently made quarterly and might take the form of cash payments or stock reinvestments. The dividend yield, which is the dividend per share, is expressed as a percentage of the share price of a company, for example, 2.5%.

D1=$20

D2=$16

D3= $15

D4=$8.50

g= 5%

r=15%

Price of stock = D1/(1+r)^1 + D2/(1+r)^2 + D3/(1+r)^3 + D4/(1+r)^4 + D4*(1+g)/(1+r)^4*(r-g)

= 20/1.15 + 16/(1.15)^2 + 15/(1.15)^3 + 8.50/(1.15)^4 + 8.50*(1.05)/(1.15)^4*(0.10)

= $17.39 + $12.09 + $9.86 + $4.85 + 8.92/0.1749

= 17.39 + 12.09 + 9.86 + 4.85 + 51

= 95.19

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each sneaker requires 2.5 hours of direct labor time. direct labor wages average $16 per hour. monthly variable overhead averages $10 per direct labor hour plus fixed overhead of $4,500. what is the total overhead budgeted for the month of september?

Answers

The total overhead Budgeted cost for the month of september $1,250,000

Overhead budgeted :

Overhead Budget is prepared to predict and carry all the anticipated expenses concerning framing the goods that the company expects to contract in the coming time. It excludes the immediate material and the direct labor cost, and the facts, which becomes part of the cost of the goods retailed in the master budget.

Evaluating the overhead cost :

Budgeted overhead for the month of September = Total labour hours × overhead rate per hour

Total labor hours =  standard hours  × budgeted production units

                             =2.5 hours × 40,000

                                 = 125,000

Budgeted overhead cost Total = $10× 125,000

                                                      =$1,250,000

Hence Budgeted overhead cost for the september month =$1,250,000

Direct labor :

Direct labor refers to the hires and stipend paid to workers that can be straightway credited to specific products or services. It includes the cost of constant working hours, overtime hours worked, payroll levies, non employment tax, Medicare, employment insurance, etc. Direct labor cost is a part of pay envelope- bill or payroll that can be particularly and constantly commissioned to or associated with the manufacture of a product, a individualized work order, or qualification of a service.

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explain the importance of the following.a The trachea wall contains C-shaped rings of cartilage.b The distance between the air in an alveolus and the blood in an alveolarcapillary is less than 1/1000th of a millimetre.c The lining of the trachea contains mucus-secreting cells and cells with cilia.d Smokers have a lower concentration of oxygen in their blood thannon-smokers.e Nicotine patches and nicotine chewing gum can help someone give upsmoking.f The lungs have a surface area of about 60 m and a good blood supply. A trader old a writ watch for h. 3150 after giving a 10% dicount. Find the marked price of the watch help give answer pls 7. A museum has the following prices foradmission:Children under 12: freeKids age 12-17: $3Adults age 18-64: $8Senior citizens 65 and over: $4Write a piecewise-defined function that gives the cost C(n) for a museum visitor who is n years old.What is the range of the function? Jin earned $79.60 when he worked for 4 hours. How much money did he earn? I need help DOING thIS math SOME HELP? would it be useful to learn more about the company's practices, traditions, and customs that align with the mottos the assistant is sharing with you? racing greyhounds are capable of rounding corners at very high speeds. a typical greyhound track has turns that are 45 m diameter semicircles. a greyhound can run around these turns at a constant speed of 12 m/s .what is its acceleration in units of g ? which of the following is an example of a decrease in government purchases?a. The government cancels an order for new military equipment. b. The Federal Reserve sells government bonds. c. The government increases personal income taxes. d. The government decreases unemployment insurance benefit payments. help please and thankyou 5 I really need help 30 pointssss Translate The product of the quotient of a and b and the quotient of c and d Feel free to ignore the short answer part, thats not what I need help with. Find x and y please10 points while using social networks as part of the hiring process, employers can: a. legally violate federal laws b. post messages on behalf of a candidate c. look at the profiles of potential candidates d. screen applicants based on race or ethnicity help asap Greg earned $53 dollars for washing cars this month. He earned twice as much for washing cars than he did for mowing lawns. Write an equation to determine how much he earned for mowing lawns. m 2 = 53 m + 2 = 53 2m = 53 m over 2 equals 53 Wyatt just got his commercial driver's license and is starting a new career as a truck driver.Getting trained and licensed involved a one-time cost of $500. Gas and insurance end upcosting him $4 per mile. For his first delivery, Wyatt will get paid $400 plus $6 per mile thathe drives. If he drives a certain distance on this delivery, Wyatt will break even, making backall the money he had to spend. How much would both the costs and the earnings be?Write a system of equations, graph them, and type the solution. what was the federal reserve act 50 POINTS, PLEASE HELP When President Obama proposed increasing the minimum wage, he argued that a minimum-wage worker today should earn the same amount of money in real terms as a minimum-wage worker in 1979. But why pick 1979? Why not go back to 1938, the first year of the minimum wage? Why not 1999? For each of the years listed below, calculate what the minimum wage would be today if it had kept up with inflation since that year. Today, the minimum wage is $7.25 and the consumer price index (CPI) is 256. (Round your answer to two decimal places.)Year minimum wage CPI wage today adjusted for inflation1938 $0.25 14 ?1979 $2.90 69 ?1999 $3.80 127 ? Because of the information I learned in this course, I have contacted and/or visited Career and Transfer Skills Development this semester.A. TrueB. False