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2 years ago

Sales is one occupation where _________ is not determined by wage or salary limits set by an employer

Business

1 answer:

julsineya [31]2 years ago

3 0

Sales is one occupation where profit is not determined by wage or salary limits set by an employer.

<h3>What is sales?</h3>

Sales include the step by step procedure that is used in spelling a goods or services.

The activity involves in sakes aims at selling the product to make profit.

Therefore, sales is one occupation where profit is not determined by wage or salary limits set by an employer.

Learn more on sales here,

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It is estimated that the maintenance cost on a new car will be $500 the first year. Each subsequent year, this cost is expected

Vsevolod [243]

Answer:

$-8,609

Explanation:

Calculation for How much would you need to set aside

Year Cashflows PVF 5% Present values

1 -500 *0.952381 =-476.19

2 -650(500+150) *0.907029 =-589.569

3 -800(650+150) *0.863838 =-691.07

4 -950(800+150) *0.822702 =-781.567

5 -1100(950+150) *0.783526 =-861.879

6 -1250(1100+150) *0.746215 =-932.769

7 -1400(1250+150) *0.710681 =-994.954

8 -1550(1400+150) *0.676839 =-1049.1

9 -1700(1550+150) *0.644609 =-1095.84

10 -1850(1700+150) *0.613913 =-1135.74

PV=Present value $-8,609

Therefore the amount you will need to set aside is $-8,609

7 0

3 years ago

How will a recession in Japan affect the Singapore's economy, given that Singapore is an important trading partner?

kotykmax [81]

Answer:

The sino-japanese war was fought between Japan and China

Explanation:

........................

8 0

3 years ago

Jim Busby calls his broker to inquire about purchasing a bond of Disk Storage Systems. His broker quotes a price of $1,160. Jim

Alborosie

Answer:

Bond Price or Present value = $1196.362948 rounded off to $1196.36

Explanation:

To calculate the quote/price of the bond today, which is the present value of the bond, we will use the formula for the price of the bond. As the bond is an annual bond, the annual coupon payment, number of periods and annual YTM will be,

Coupon Payment (C) = 1000 * 0.1 = $100

Total periods (n) = 20

r or YTM = 0.08 or 8%

The formula to calculate the price of the bonds today is attached.

Bond Price = 100 * [( 1 - (1+0.08)^-20) / 0.08] + 1000 / (1+0.08)^20

Bond Price or Present value = $1196.362948 rounded off to $1196.36

3 0

3 years ago

During January, Ajax Co. Incurs 1,850 hours of direct labor at an hourly cost of $11.80 in producing 1,000 units of its finished

Brums [2.3K]

Answer:

Std rate per hour: 11.00

Std hours = 1000*2 =2000

Actual hours = 1850

Actual rate = 11.80

Labor cost variance = Std cost - Actual cost

Labor cost variance = (2000*11) - (1850*11.80)

Labor cost variance = 170 Unfavorable

Labor rate variance = Actual hrs (Std rate - Actual rate)

Labor rate variance = 1850 *(11-11.80)

Labor rate variance = 1480 Unfavorable

Labor qty variance = Std rate (Std hrs-Actual hrs)

Labor qty variance = 11 (2000-1850)

Labor qty variance = 1650 Favorable.

5 0

3 years ago

Explain how will each of the following changes in demand and/or supply affect equilibrium price and equilibrium quantity in a co

devlian [24]

Answer:

a. If demand increases and supply is constant, there would be a rightward shift of the demand curve. As a result, equilibrium price and quantity would increase

b. An increase in supply would lead to a rightward shift of the supply curve. As a result price decreases and quantity increases. A decrease in demand would lead to a leftward shift of the demand curve. As a result, quantity and price decreases. Taking these two effects together, equilibrium price decreases and there is an indeterminate effect on equilibrium quantity

c. An increase in demand leads to a rightward shift of the demand curve. As a result, equilibrium price and quantity increases. A decrease in supply would lead to a leftward shift of the supply curve. This leads to a decrease in quantity and an increase in price. Taking these two effect together, there would be an increase in equilibrium price and an indeterminate effect on equilibrium quantity

d. A decrease in demand would lead to a leftward shift of the demand curve. As a result, quantity and price decreases. A decrease in supply would lead to a leftward shift of the supply curve. This leads to a decrease in quantity and an increase in price. Taking these two effect together, there would be a decrease in equilibrium quantity and an indeterminate effect on equilibrium price

Explanation:

Please check the attached images for the demand and supply diagrams

6 0

3 years ago