His new employer has offered Malcom Davis a choice of profit-sharing plans. For Plan A, he can receive 1/90 of the company’s gross income. For Plan B, he can receive 1/60 of the company’s profit. Gross income is the total amount the company takes in. Profit is the difference of the gross income and expenses. The company’s expenses for one month are $100,000.

A) Write an equation for finding the gross income that would give Malcom Davis the same amount of money with either plan.

B) Solve the equation from Exercise A and interpret the solution.

C) How much would Malcom Davis receive when the two plans are the same?

D) If the gross income of the company is less than the amount from Part B, which plan would be better for Malcom Davis? Show work to support your answer.

Answers

Answer 1

Malcom Davis earnings is an illustration of equations and proportions.

The equation is: [tex]\mathbf{\frac{1}{90}G= \frac{1}{60}(G- 100000)}[/tex]The gross income must be $300000, for Dave to earn the same amount with either plan.His earning is $3333.33 when the plans are the same.

Let the profit be P, and the gross income be G.

So, we have:

[tex]\mathbf{P= G - 100000}[/tex]

(a) The equations

For plan A, we have:

[tex]\mathbf{A = \frac{1}{90}G}[/tex] ----1/90 of the company's gross income

For plan B, we have:

[tex]\mathbf{B = \frac{1}{60}P}[/tex]  ----1/90 of the company's profit

When both are the same, we have:

[tex]\mathbf{A= B}[/tex]

This gives

[tex]\mathbf{\frac{1}{90}G= \frac{1}{60}P}[/tex]

Substitute [tex]\mathbf{P= G - 100000}[/tex]

[tex]\mathbf{\frac{1}{90}G= \frac{1}{60}(G- 100000)}[/tex]

Hence, the equation is: [tex]\mathbf{\frac{1}{90}G= \frac{1}{60}(G- 100000)}[/tex]

(b) Solve the equation in (a), and intepret

[tex]\mathbf{\frac{1}{90}G= \frac{1}{60}(G- 100000)}[/tex]

Cross multiply

[tex]\mathbf{60G = 90G - 9000 000}[/tex]

Collect like terms

[tex]\mathbf{90G - 60G = 9000 000}[/tex]

[tex]\mathbf{30G = 9000 000}[/tex]

Divide both sides by 30

[tex]\mathbf{G = 3000 00}[/tex]

The gross income must be $300000, for Dave to earn the same amount with either plan.

(c) His earnings based on (c)

We have:

[tex]\mathbf{A = \frac{1}{90}G}[/tex]

Substitute [tex]\mathbf{G = 3000 00}[/tex]

[tex]\mathbf{A = \frac{1}{90} \times 300000}[/tex]

[tex]\mathbf{A = 3333.33}[/tex]

His earning is $3333.33 when the plans are the same

(d) If the gross income in less than (b)

If the gross income is less than $300,000, then plan A would better for Malcom Davis, because his earnings in plan A would be greater than plan B

Read more about equations at:

https://brainly.com/question/20893366


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Answer:

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Step-by-step explanation:

I have this problem on my test. Do I divide by 8 or 2 first to solve for x?

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Answer:

70

Step-by-step explanat

cộng lại chia đôi

please help I dont understand ​

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I also think that the answer is B too

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9 yd
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Answers

Area:66 Perimeter:36

Step-by-step explanation:

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as 9-5 is 3

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Answer:

x = 10        m∠3 = 74

Step-by-step explanation:

(10x + 6) + (7x + 4) = 180 degrees

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check answer

(10(10) + 6) + (7(10) + 4) = 180

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true!

angle 5 is vertical angles with 3, so they are congruent

use same equation as 5

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heeeeeeeeeeeeeeeeeelllllllllllllllllppppppppp

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Answers

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Answer:

  13.7 N

Step-by-step explanation:

The vertical component of the force is ...

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What is the simplest fraction whose value is equal to the number $\textcolor{red}{\heartsuit}$ depicted on this number line?


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Answer:

Step-by-step explanation:

Evaluate each expression if x = -2 and y = 3

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Answer:

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Step-by-step explanation:

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Answers

Answer:

x < 1 and x > -2

Step-by-step explanation:

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Step 1.) Transfer the -1 over by the 4 by adding it because you use the opposite symple when its transfered.

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Step 2.) Divide 5 by 5 to get the variable alone

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Step 3.) Subtract x from 3x which gives 2x and subtract 5 from 1 which gives -4

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Srep 5.) Divide -4 by 2 to get the variable alone and you get -2

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Answers

Answer:

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Step-by-step explanation:

let me know if this doesnt help

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Answers

Step-by-step explanation:

5/9×3/10= 15/90 simplification is 1/6

the correct is 1/6

Answer:

The 4th answer is correct

Step-by-step explanation:

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[tex]\frac{5*3}{9*10}[/tex]

[tex]\frac{15}{90}[/tex]

Now you can make the answer as the simplest form divide both sides by 15

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ANSWER IS,

[tex]\frac{1}{6}[/tex]

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Let me know if you have any other questions :-)

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Answers

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Answers

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ANSWER

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Answers

he will need 6 2/3 cups of cherries to make 5 cherry pies

Answer:

Larry will need 6 and 2/3 cups of cherries.

Step-by-step explanation:

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Answers

Step-by-step explanation:

=>x⁴-5x²+4

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This image may be the result of the

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3. Construction of a line perpendicular to line AB and line PU.

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Answers

due to my knowledge its 75 because it is.

Step-by-step explanation:

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Answers

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Step-by-step explanation:

If there are 96 square and 8 chocolate bars, then we:

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Answers

Answer:

[tex]1) \: \: \frac{5x}{2y} \\ a) \: \: x = 8 \: \: and \: \: y = 10 \\ \frac{5x}{2y} \\ \frac{5(8)}{2(10)} \\ \frac{40}{20} \\ 2 \: ans \\ b) \: \: \frac{5x}{2y} \\ \frac{5( \frac{1}{2}) }{2( \frac{2}{3}) } \\ \frac{2.5}{1.3} \\ \frac{25}{13} \\ 1.92 \: \: ans \: \\ \\ 2) \: \: \frac{a {b}^{3} }{c} \\ \\ a) \: \: a = 4 \: .\: b = 3 \: . \: c = 2 \\ \\ \frac{a {b}^{3} }{c} \\ \frac{(4) {(3)}^{3} }{2} \\ \frac{4(27)}{2} \\ \frac{108}{2} \\ 54 \: \: ans \: \\ \\ b) \: \: a = - 2 \: . \: b = - 2 \: . \: c = 2 \\ \\ \frac{a {b}^{3} }{c} \\ \frac{( - 2) {( - 2)}^{3} }{2} \\ \frac{ - 2 { (- 2)}^{3} }{2} \\ \frac{ - 2( - 8)}{2} \\ \frac{16}{2} \\ 8 \: \: ans \: [/tex]

Step-by-step explanation:

question 3 is already answered by me in your question..or you can see attachment.

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Answers

the answer is value of 26

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41, 54, 67, 80, 93, 106

Choose 1 answer:

(A) Add 13.
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(D) Multiply by 8.

Answers

Answer:

add by 13 so it would be letter A

Answer:

A

Step-by-step explanation:

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