Tia and Sam are partners who solely own T and S Florist. As owners, they can:______.
a. claim the organization as their legal property.
b. can't sell the company.
c. claim only limited liability.
d. avoid taking any legal responsibility for T and S.
e. decide not to pay a dividend to their stockholders.
Answers
Answer:
A
Explanation:
Related Questions
Princeton Avionics makes aircraft instrumentation. Its basic navigation radio requires $60 in variable costs and $4,000 per month in fixed costs. Princeton sells 20 radios per month. If the company further processes the radio, to enhance its functionality, it will require an additional $40 per unit of variable costs, plus an increase in fixed costs of $500 per month. The current sales price of the radio is $280. The CEO wishes to improve operating income by $1,200 per month by selling the enhanced version of the radio. In order to meet this target, the sales price to be charged for the enhanced product is
Answers
Answer:
Sales price =$405
Explanation:
A company should process further a product if the additional revenue from the split-off point is greater than than the further processing cost.
Also note that all cost incurred up to the split-off point are irrelevant to the decision to process further .
$
Sales revenue after the split-off point y
Sales revenue at the split-off point (280×20) (5,600)
Further processing cost (40× 20)+ 500 (1,300)
Net advantage from further processing 1,200
y-5600-1300=1200
y= 8,100
Sales price= Sales revenue after the split-off point/Number of units
Sales price = 8,100/20 =$405
Sales price =$405
Blue Llama Mining Company is analyzing a project that requires an initial investment of $3,225,000. The project’s expected cash flows are: Year Cash Flow Year 1 $300,000 Year 2 –100,000 Year 3 425,000 Year 4 450,000 Blue Llama Mining Company’s WACC is 10%, and the project has the same risk as the firm’s average project. Calculate this project’s modified internal rate of return (MIRR):
Answers
Modified Internal Rate of Return (MIRR) = (Future value of positive cash flows / present value of negative cash flows) (1/n) – 1
= ($11,75,000 /-$3,304,400) (1/5) - 1
= -0.35558x -0.8
= 0.28446
MIRR = 28.46.
The modified internal rate of return (MIRR) presupposes that initial investments are funded at the firm's financing cost and that positive cash flows are reinvested at the firm's cost of capital.
The MIRR is calculated as:
Future Value of positive cash flows:
1 $300,000
3 $425,000
4 $450,000
Total $1,175,000
Present value of negative cash flows:
0 -$3,225,000
2 -$79400 )$100,000 x 0.794)
Total -$3,304,400
The Modified Internal Rate of Return for Blue Llama Mining Company is greater than its Weighted Average Cost of Capital. Therefore, the project should be accepted.
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mary a second year college student wants to earn extra pocket money.she is good with making hamburgers,so she is considering opening up a hamburger stall on weekends at the local flea market near the campus
Answers
The answer is , since we know that each hamburger costs R5 to make, and Mary would like to sell her double cheeseburgers at the same price as her major competitor, R15 each.
What to do-
In order to cover her costs, she needs to sell enough hamburgers to generate R2000 in revenue. Since each hamburger is sold for R15, this means she needs to sell 133.33 hamburgers per day:
R2000 ÷ R15/hamburger = 133.33 hamburgers/day.
It is good to note that she needs to sell more hamburgers than her competitors, to generate the same amount of money while having additional costs.
What does a company' revenue mean?Revenue for a company is its gross income before deducting any costs. Revenue is the financial benefit from sales and/or services provided and is defined by profits and total earnings.
Difference between revenue and profit?Profit refers to net income after deducting expenditures from earnings, whereas revenue refers to income produced via company activities.
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Discuss two reasons why it is important as a healthcare manager to understand ICD-10-CM, and CPT, DRG, and HCPCS coding, even if you are not a professional coder in the health information management department?
Answers
ICD-10-CM, CPT, DRG, and HCPCS coding are crucial for healthcare managers to understand because they expand the codes for medical complications and safety concerns.
Procedure codes that are comprehensive, accurate, and current will enhance data on the results, efficiency, and costs of new medical technology and guarantee fair reimbursement practices for its use.
Because it offers a common language for describing, reporting, and monitoring diseases, the ICD is significant. As a result, data can be compared and shared globally between hospitals, regions, and nations, as well as over extended time periods.
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Hector received three A’s and one b in his college course. What is his grade point average? Assume each course is three credits. A=4.0, b=3.0, c=2.0, d=1.0
Answers
Answer:
I think it is A id don't know
which of the following statements least likely represents a characteristic of the time-weighted rate of return? it is:
a. not affected by the timing of cash flows
b. used to measure the compound rate of growth of $1 over stated measurement period
c. defined as the internal rate of return on an investment portfolio, taking into account all inflows and outflows
Answers
Least likely represents a characteristic of the time-weighted rate of return c. defined as the internal rate of return on an investment portfolio, taking into account all inflows and outflows.
What is your investment's internal rate of return?The predicted yearly rate of growth from an investment is known as the internal rate of return (IRR). Similar to how net present value (NPV) is determined, IRR does so by setting NPV to zero.
The internal rate of return (IRR) measures how much money a project will make over time to make up for its initial expenditure. It is accomplished when the project's Net Present Value (NPV) is equal to zero. A profitable investment opportunity is indicated by an IRR greater than the discount rate.
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there’s 15 questions and this is 5.
Answers
Which of the following is an insurance company?
Answers
(saw your other post)
I hope this helps! Let me know if you have any questions! Good luck on the rest of your assessment!
Mark this as Brainliest (if i helped of course) if you get a chance:)
Explain other advantages of the autociatic leadership style. se Se busines
Answers
The autocratic leadership style has several advantages in certain business situations. Firstly, it allows for quick decision-making and efficient execution. In an autocratic leadership approach, the leader has the authority to make decisions without consulting others extensively. This can be advantageous in situations where immediate action is needed or when there is limited time for deliberation. By taking charge and making decisions swiftly, autocratic leaders can ensure that tasks are completed efficiently and objectives are met in a timely manner.
Secondly, autocratic leadership provides clear direction and reduces ambiguity. The leader in this style has a strong control over the decision-making process and can provide clear instructions to their team members. This clarity helps employees understand their roles and responsibilities, minimizing confusion and increasing productivity. Autocratic leaders often set specific goals and expectations, which can be beneficial in situations where precision and adherence to guidelines are crucial.
Additionally, the autocratic style can be effective in organizations or industries that require a hierarchical structure or where strict compliance is necessary. Industries such as the military, manufacturing, or emergency services often rely on autocratic leadership to ensure discipline, maintain order, and promote safety.
However, it is important to note that the autocratic leadership style may not be suitable for all situations or business contexts. It can stifle creativity and innovation by limiting input and involvement from team members. It may also lead to decreased employee satisfaction and motivation, as individuals may feel disempowered or undervalued. Therefore, the autocratic style should be used selectively and combined with other leadership approaches to create a balanced and inclusive organizational culture.
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29.
An operation was closed because of an extended electricity failure. When can it
begin service again?
Answers
It can begin service again approval is obtained from the regulatory authority.
When can service startThe duration for an organization to recommence its services after enduring a foremost electricity malfunction relies on several elements, such as the character of the operation, the magnitude of destruction caused by the power cut-off, as well as the accessibility of supplies requisite to renew operations.
For instance, if the establishment is a minor retail outlet, it can possibly resume working once the power source is restituted and various necessary safeguards have been established. Conversely, if the business is a major production concern or informatics server, it could take longer to reinstate tasks due to the meticulously intricate facilities and networks entailed.
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Outline and describe the different forms of Communication and further explain how they are important in an organization. Provide practical example to support your discussion.
Answers
La comunicación desempeña un papel fundamental en el funcionamiento de una organización, ya que permite la transmisión de información, ideas, instrucciones y retroalimentación entre los miembros del equipo. Existen varias formas de comunicación que se utilizan en un entorno organizacional. A continuación, describiré algunas de las formas más comunes:
Comunicación verbal: Es el uso de palabras habladas para transmitir información. Puede ser en forma de reuniones, conversaciones cara a cara, llamadas telefónicas o videoconferencias. La comunicación verbal es rápida y permite una interacción directa entre las personas, lo que facilita la clarificación de dudas y la resolución de problemas en tiempo real. Por ejemplo, durante una reunión de equipo, los miembros pueden discutir ideas, compartir actualizaciones y tomar decisiones conjuntas.
Comunicación escrita: Implica el uso de palabras escritas para transmitir información. Esto incluye correos electrónicos, mensajes de texto, informes, memorandos y documentos formales. La comunicación escrita es útil cuando se requiere un registro permanente de la información y proporciona la oportunidad de revisar y editar antes de enviar el mensaje. Por ejemplo, un gerente puede enviar un correo electrónico detallando las metas y objetivos del proyecto a su equipo para asegurarse de que todos estén al tanto de las expectativas.
Comunicación no verbal: Se refiere a la transmisión de información sin el uso de palabras. Incluye gestos, expresiones faciales, lenguaje corporal y tono de voz. A menudo, la comunicación no verbal puede transmitir emociones y actitudes que pueden complementar o contradecir el mensaje verbal. Por ejemplo, durante una presentación, el lenguaje corporal de un orador puede transmitir confianza y entusiasmo, lo que refuerza su mensaje.
Comunicación formal: Se lleva a cabo a través de canales oficiales y estructurados dentro de la organización. Esto incluye comunicaciones descendentes, como anuncios y políticas de la gerencia hacia los empleados, así como comunicaciones ascendentes, como informes de estado y retroalimentación de los empleados hacia los superiores. La comunicación formal es importante para establecer líneas claras de autoridad y responsabilidad, así como para garantizar la coherencia en la información transmitida.
Comunicación informal: Se produce a través de interacciones sociales no estructuradas entre los miembros de la organización. Esto puede incluir conversaciones informales en el lugar de trabajo, interacciones en las pausas para el café o discusiones en grupos de chat en línea. La comunicación informal es valiosa para fomentar la camaradería, construir relaciones y facilitar el intercambio de ideas no convencionales. Por ejemplo, en un entorno de trabajo abierto, los empleados pueden compartir ideas innovadoras durante una conversación informal en la sala de descanso.
La importancia de estas formas de comunicación en una organización radica en que permiten la colaboración efectiva, la toma de decisiones informada, la resolución de problemas, la coordinación de tareas y la creación de un ambiente de trabajo positivo. Una comunicación clara y efectiva evita malentendidos, reduce los errores, mejora la productividad y fortalece la cohesión del equipo.
Un ejemplo práctico podría ser una empresa de desarrollo de software. En este caso, la comunicación verbal sería esencial para que los miembros del equipo discutan los requisitos del proyecto, compartan actualizaciones diarias y resuelvan problemas en las reuniones diarias de puesta al día (stand-up meetings). La comunicación escrita sería crucial para documentar los requisitos, especificaciones técnicas y cronogramas del proyecto, así como para enviar correos electrónicos y mensajes de chat con actualizaciones y solicitudes de retroalimentación. La comunicación no verbal también tendría un papel importante, ya que el lenguaje corporal y las expresiones faciales en las reuniones ayudarían a transmitir confianza y apoyo entre los miembros del equipo. En cuanto a la comunicación formal, se utilizarían informes de estado y presentaciones formales para mantener a la alta dirección informada sobre el progreso del proyecto. Por último, la comunicación informal se daría en momentos de descanso, donde los empleados podrían discutir ideas, plantear desafíos y fomentar la creatividad en un ambiente más relajado
Answer:
There are several different forms of communication that are important in an organization. These include:
1. Verbal communication: This is the use of spoken words to convey a message. Verbal communication is important in an organization because it allows employees to communicate with each other and with customers. For example, a salesperson might use verbal communication to explain the features of a product to a customer. Another example is a team meeting where employees discuss project updates and share ideas.
2. Nonverbal communication: This is the use of body language, gestures, and facial expressions to convey a message. Nonverbal communication is important in an organization because it can convey emotions, attitudes, and intentions. For example, a manager might use nonverbal communication to show approval or disapproval of an employee's performance. Another example is a job interview where the interviewer might use nonverbal communication to assess the candidate's confidence and professionalism.
3. Written communication: This is the use of written words to convey a message. Written communication is important in an organization because it provides a permanent record of communication. For example, an email can be used to communicate project updates, deadlines, and other important information. Another example is a report that summarizes the results of a project.
4. Visual communication: This is the use of images, graphs, and other visual aids to convey a message. Visual communication is important in an organization because it can help to simplify complex information and make it easier to understand. For example, a chart can be used to show sales trends over time. Another example is a video that demonstrates how to use a product.
All of these forms of communication are important in an organization because they allow employees to share information, ideas, and feedback. Effective communication can also help to build trust and relationships between employees, customers, and partners. For example, if a customer has a positive experience with a salesperson, they are more likely to return to the organization in the future.
A practical example of the importance of communication in an organization is a team project. Effective communication is essential for the success of the project. Team members need to be able to communicate their ideas, concerns, and progress to each other in order to stay on track and meet deadlines. This might involve verbal communication in team meetings, written communication in project reports, and visual communication in presentations. Without effective communication, the project is likely to fail.
In a visualization regarding the cost composition of your company’s five products, you can see the percentage of direct materials, direct labor and overhead percentages to total costs per unit. Based on this information, please answer the following questions.
1. The workers’ union is negotiating an increase in an hourly wage and an increase in health insurance coverage. If agreed by the management team, which product is more likely to be affected?
2. Assume that your company always uses the following formula to determine the markup: “direct labor to total costs percentage * 50%”. Does this make sense to you? What is the potential problem?
Answers
Trade unions maintain and improve workers' terms and conditions through bargaining with employers.
What are the management decisions ?Workers organized in trade unions benefit from higher wages—the so-called union wage premium. Union bargaining also results in a fringe benefits premium for covered workers. Trade unions reduce wage inequality.
The gross profit of a unit, which is its sales price less its cost to produce or acquire for resale, is divided by the unit's cost to determine the markup %. The markup percentage, which is computed as (12 - 8) / 8, is 50% for an item that costs the business $8 to produce but is priced at $12.
Hence
(a) Product IN 600 and XA - 001 will be affected regarding decision of the the union .
(b) Company is using wrong method for computing Mark up that is senseless .
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Mary lives in a remote mountain town. The community has been approached by a nuclear power company to build a waste storage facility in an abandoned salt mine in the area. Geologists have surveyed the mine and confirmed that the rock structure is very stable, but Mary still opposes the project. What is her primary concern likely to be?
A.
the cost of construction
B.
reduction in salt supplies
C.
reduction in property values
D.
risk of leakage from the nuclear waste containers
Answers
Answer:
Explanation:
D. risk of leakage from the nuclear waste containers
In Year 1, a company purchased equipment that cost $70,000. The equipment has a useful life of seven years and no salvage value. The company used the straight-line method to depreciate the equipment and reported $10,000 of depreciation expense in Years 1 and 2. At the beginning of Year 3, the company determines that the equipment will last for only three more years (five years total) and changes the depreciable life of the asset accordingly. What amount of depreciation expense should the company report in Year 3?
Answers
The amount of depreciation expense in Year 3 is $16,667.
Data and Calculations:
Cost of Equipment purchased in Year 1 = $70,000
Estimated useful life = 7 years
Estimated salvage value = $0
Depreciable amount = $70,000 ($70,000 - $0)
Method of Depreciation = Straight-line method
Annual depreciation expense = $10,000 ($70,000/7)
Accumulated Depreciation after 2 years = $20,000
Net book value after two years = $50,000 ($70,000 - $20,000)
Re-estimated remaining useful life after the first two years = 3 years
Depreciation expense in Year 3 = $16,667 ($50,000/3)
Thus, the company should report a depreciation expense of $16,667 in Year 3.
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. 21 Century Skills You will employ online tools for research
Directions
Read the instructions for this self.checked activity Type in your response to each question, and check your armer
a brief evaluation of your work
Activity
Conduct an online research on any consumer services industry to determine the competitive nature of the indu
global. Also analyze the role of the economic system that the industry operates in and the local and internationa
industry. Write an essay of about 500 words on your findings,
B
1
U
X
Font Sizes
A
Answers
Answer:
(Answer may vary but should include some of these points.)
Mi familia es muy unida. Nos juntamos los fines de semana a almorzar en la casa de mi abuela. Mi abuela nos quiere mucho y nos prepara postres muy ricos. Mis padres son muy independientes. Mi madre trabaja y mi padre también. Mi hermano estudia en la universidad y tiene una novia desde hace cinco años. Se quieren casar en noviembre. Mis abuelos están muy felices porque quieren ver crecer a los hijos de sus nietos. Me gusta mi familia porque somos todos muy unidos.
Explanation:
The purchaser of a franchise is called the?
Answers
Answer:
the franchisor?
Explanation:
8. Consider a hypothetical closed economy with the following functions: C = 50 + 0.75(Y-T); I = 100 – 2r; G = 120; T = 140; Ms = 440; P = 2; (M/P)d = 0.5Y – 1.5r; A. Write down the IS function. B. Write down the LM function. C. Determine the equilibrium levels of income and interest rate. D. What happens to equilibrium r if money supply is raised from 1,000 to 1,200? E. If the central bank wishes to raise the interest rate to 7 percent, what money supply should it set? F. If government purchases increase by 224, what is the impact of this change on the IS curve? and What is the impact of the change on the equilibrium level of income?
Answers
Based on the information given, the IS function will be given as Y = 660 - 8r and the LM function will be Y = 438 + 3r.
Solving the IS-LM function.Y = C + I + G
Y = 50 + 0.75(Y - T) + 100 - 2r + 120
Y - 0 75Y = 270 - 0.75T + 100 - 2r + 120.
0.25Y = 270 - 0.75T - 2r
Y = 1080 - 3(140) - 8r
Y = 660 - 8r
The LM function will be;
Ms = Md + P
440 = 2(0.5Y - 1.5r) + 2
440 = Y - 3r + 2.
Y = 438 + 3r
The equilibrium level of income and interest rate will be:
IS = LM
660 - 8r = 438 + 3r
8r + 3r = 660 - 438
11r = 222
r = 20.18
Replacing r in the IS equation will be:
Y = 660 - 8(20.18)
Y = 498.6
When money supply is raised from 1,000 to 1,200,the equilibrium interest rate will be:
= 1200/1000 = 1.2
Lastly, the impact of the change on the equilibrium level of income is that the money demand will be 477.6.
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Credit cards and charge cards differ in two important ways.one is the method of payment.what is the other difference
Answers
While credit cards and charge cards may seem similar on the surface, there are important differences in their method of payment, impact on credit scores, and rewards programs
Credit cards allow users to carry a balance from month to month, while charge cards require the balance to be paid off in full each month.
The second difference between credit cards and charge cards is the way in which they impact credit scores. Credit cards are reported to credit bureaus and can have a positive or negative impact on a user's credit score depending on their payment history and credit utilization.
Charge cards, on the other hand, are not reported to credit bureaus in the same way that credit cards are. Instead, they are typically only reported if the user fails to pay the balance in full each month, which can negatively impact their credit score.
Another important distinction between credit cards and charge cards is the types of rewards and benefits they offer. Many credit cards offer rewards programs, such as cash back, airline miles, or points for purchases. Charge cards may offer similar benefits, but typically have higher annual fees and stricter requirements for eligibility.
In conclusion, It's important for users to carefully consider their needs and financial situation before choosing between the two.
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At what point will producer must leave market
at what point will a producer must leave the market
Answers
The intersection of the average variable cost curve and the marginal cost curve represents the point at which a business would run out of customers to support its variable costs.
When should companies depart from a market?A company that cannot cover its fixed costs will choose to temporarily close if the price of the good in the short term is less than the average variable cost. Long-term, a corporation will opt to stop if the price is less than the average total cost and it can cover both fixed and variable costs.
Why is it necessary to shut down?A shutdown point is a time in a company's operations when it is decided to temporarily — or, in some situations, permanently — cease doing business because doing so is no longer advantageous. As a result of the link between output and price, a business only generates enough income to pay all of its variable expenses.
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Fine-Cut Meats (Pty) Ltd purchased a delivery vehicle of R150 000 on 1 June 2021 on credit. The
owner was advised that the residual value of this truck is estimated at R30 000. The diminishing
depreciation method was adopted by the company in utilising assets over five years.
On 1 September 2021 the owner replaced equipment. The new equipment amounts to R45 000.
The replaced equipment was purchased on 1 January 2018 for R30 000 and sold for R5 000. The
company uses the straight-line depreciation method over a period of four years to report on
equipment.
Required:
Disclose the property, plant and equipment note in the financial statements of Fine-Cut Meats
(Pty) Ltd the year ended 31 December 2021 (25)
Answers
Total Liabilities & Shareholder's Equity 11280,00
How to represent the Income Statement?
Income Statement
Sales 4100,00
Less: Cost of Goods sold -1500,00
Gross Profit 2600,00
Less: Operating Expenses -980,00
Net Income 1620,00
Financial Statement
Assets
Current Assets:
Trade Debtors 640,00
Cash and Bank 3100,00
Prepaid Expenses 45,00
Total Current Assets 3785,00
Non Current Assets:
Plant & Machinery (5300,00 - 150,00) 5150,00
Motor Vehicles (1900,00-70,00) 1830,00
Office Furniture (550,00-35,00) 515,00
Total Non Current Assets 7495,00
Total Assets 11280,00
Liabilities & Shareholder's Equity
Current Liabilities:
Trade Creditors 1590,00
Total Current Liabilities 1590,00
Shareholder's Equity
Ordinary Shares 1200,00
Preference Shares 800,00
Retained Earnings (6070,00+1620,00) 7690,00
Total Shareholder's Rquity 9690,00
Total Liabilities & Shareholder's Equity 11280,00
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Where the goth girl at???
Answers
Answer:
im batman
Explanation:
Answer:
RAWR
Explanation:
she does not like chicken (into affirmative)
Answers
Answer:
Explanation:
chickennnnn
hot popppppp
for what price would you need to sell your stock in one year in order to earn your required rate of return
Answers
Answer: a. $58
Explanation:
Your required return in dollars is;
= 16% * 52
= $8.32
Return = Dividend + Capital appreciation.
8.32 = 2.40 + Capital appreciation
Capital appreciation = 8.32 - 2.40
= $5.92
The stock would have to increase by $5.92 to get your required return;
= 52 + 5.92
= $57.92
= $58
Wendy is calculating her tax deductions. She finds that she can deduct $5,522 from medical expenses, $7,240 from
charitable donations, and $2,126 from property taxes. What is Wendy's total deduction?
a $5,700
b. $15,104
C. $18,284
d. $14,888
Answers
Answer:
d. $14,888
Explanation:
Wendy's total deductions will be the sum of $5,522, $7,240, and $2,126.
Total deductions will be $5,522 + $7,240 + $2,126 =$14,888
The total deduction on Wendy's tax will be $14,888.
What is tax deduction?The tax deduction refers to the amount that will be exempted from total tax payable.
Given deductible amount
Medical expenses = $5,522
Charitable donations = $7,240
Property taxes =$2,126
Wendy's total deduction = $5,522 + $7,240 + $2,126
Wendy's total deduction = $14,888
Hence, the total deduction on Wendy's tax will be $14,888.
Therefore, the Option D is correct.
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Suppose that the production function is y= 9k^0.5 N^0.5. With this production function, the marginal product of labor is MPN= 4.5K^0.5 N^-0.5. The capital stock is K= 25. The labor supply curve is NS= 100[(1-t)w]^2, where w is the real wage rate, t is the tax rate on labor income, and hence (1-t)w is the after-tax real wage rate.c.Suppose that a minimum wage of w=2 is imposed. If the tax rate on labor income, t, equals zero, what are the resulting values of employment and the real wage? Does the introduction of the minimum wage increase the total income of workers, taken as a group?
Answers
The resulting values for employment and the real wage are 70.3125 and $1.5811 per hour, respectively.
The introduction of the minimum wage does not increase the total income of workers taken as a group.
How to determine employment and real wageTo find the resulting values of employment and real wage, determine where the labor supply curve intersects the labor demand curve.
MPN =
\(4.5K^0.5 N^-0.5 = (9K N)^0.5 / (2KN)^0.5 = (9/2)^0.5 (K/N)^0.5 = w/P
\)
where P is the price of output, which we can assume is equal to 1.
This equation can be rearranged to solve for N:
N =
\((9/2) (K/w)^2\)
Plugging in K = 25 and w = 2, we get:
N =
\((9/2) (25/2^2) = 70.3125\)
To find the real wage, we can plug this value of N into the labor supply curve:
NS =
\(100[(1-t)w]^2 = 100(1-0)(2)^2\)
= 400
Since labor supply exceeds labor demand, the real wage will be bid down to the equilibrium level.
\((9/2)^0.5 (K/N)^0.5 = w/P
(9/2)^0.5 (25/N)^0.5 = 1/2
N = (9/2) (25/2^2) = 70.3125
w = 2(70.3125/100)^0.5 = 1.5811\)
The equilibrium real wage is $1.5811 per hour.
To determine whether the introduction of the minimum wage increases the total income of workers,
Total income before minimum wage = wN = 1.5811 x 70.3125 = $111.31
After the minimum wage of $2 is imposed, the real wage is fixed at $2, and the level of employment is determined by the intersection of the labor supply and demand curves at this wage:
N =
\((9/2) (25/2^2) / (2)^2 = 35.15625\)
Total income after minimum wage = wN = 2 x 35.15625 = $70.31
Since the total income of workers decreases from $111.31 to $70.31 after the minimum wage is imposed, the introduction of the minimum wage does not increase the total income of workers taken as a group.
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A Market share is usually stated as a
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Answer:
stock
Explanation:
a stock is a a share of a company
what is the real name of rocky
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A broker received notification from the MREC that a seller had filed a complaint against him. The broker thought it was a ridiculous complaint and refused to answer the complaint or the MREC. Which BEST describes the situation? which BEST describes the situation?
The broker need not respond since this was a frivolous complaint.
The broker must respond within 30 days or face disciplinary action.
A seller cannot file a complaint - only a licensee may.
The MREC will not take action since the broker did not respond.
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The best description of the situation is: "The broker must respond within 30 days or face disciplinary action."
Which BEST describes the situation?The Missouri Real Estate Commission (MREC) is responsible for regulating real estate licensees and investigating complaints against licensees. If a seller files a complaint against a broker, the broker is required to respond to the complaint within 30 days. Failure to respond to a complaint can result in disciplinary action, which may include fines, suspension or revocation of the broker's license.
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K 8 A bank holds $10 for every $100 in deposits. The bank wants to hold $7 for every $100 in deposits. The bank holds desired reserves of $14,000 and actual reserves of $29,000. What is the actual reserve ratio, the desired reserve ratio, and the excess reserves? >>> Answer to 2 decimal places.
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The actual reserve ratio is 10%, the desired reserve ratio is 4.8%, and the excess reserves are $15,000.
How did we get the values?In order to determine the excess reserves, we first determine the deposits. The bank currently holds $29,000 in reserves, and that this represents $10 for every $100 in deposits. Therefore:
$10 / $100 = $29,000 / x
Solving for x, we get:
x = ($29,000 * $100) / $10 = $290,000
So the bank has $290,000 in deposits.
Calculate the actual and desired reserve ratios:
Actual reserve ratio = $29,000 / $290,000 = 0.10 or 10%
Desired reserve ratio = $14,000 / $290,000 = 0.048 or 4.8%
Finally, calculate the excess reserves:
Excess reserves = actual reserves - desired reserves = $29,000 - $14,000 = $15,000
Therefore, the actual reserve ratio is 10%, the desired reserve ratio is 4.8%, and the excess reserves are $15,000.
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What is buying and selling?