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1 year ago

When a union in the U.S. is able to sell its labor to for-profit businesses, those business are likely to ________.

1 answer:

6 0

If a union is able to sell its labor to a for-profit business, then the business is likely to D. pay wages above the market equilibrium for wages.

<h3>What do unions do?</h3>

Unions negotiate a higher rate of pay for their member thanks to their power to initiate industrial actions.

this means that when they are able to get a company to hire their members, that company would likely pay above the equilibrium wage in the market.

Options for this question at:

A. pay wages exactly where the demand and supply labor curves intersect

B. pay wages below the market equilibrium for wages

C. pay wages matching the preferred equilibrium wage chosen by these businesses

D. pay wages above the market equilibrium for wages

Find out more on the role of unions at brainly.com/question/881501.

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Lindsay Corporation had net income for 2018 of $3,000,000. Additional information is as follows: Depreciation of plant assets $1

melamori03 [73]

Answer:

Net cash provided by operating activities for 2018 was $4,560,000

Explanation:

The net cash provided by operating activities can be computed by preparing the operating activities of the statement of cash flow as shown below:

Net income for the year $3,000,000

add depreciation $1,200,000

add amortization $240,000

deduct increase in accounts receivable ($420,000)

add increase in accounts payable $540,000

net cash provided by operations $4,560,000

The cash provided by operating activities is $4,560,000

The rationale for deducting increase in accounts receivable is that the increase deprived Lindsay corporation cash of $420,000.

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3 years ago

Bright Minds Toy Company prepared the following sales budget for the second quarter. Projected sales for each of the first three

Verizon [17]

Answer:

Total sales is $1,777,000

Explanation:

April May June Total

cash sales $115,000 $77,000 $140,000 $332,000

sales on account $455,000 $500,000 $490,000 $1,445,000

Total sales $570,000 $577,000 $630.000 $1,777 ,000

Above is the sales analysis for the three months April to June,the total sales in the quarter is $1,777,000 which comprises of both cash sales and credit sales in all of the three months.

Sales does not be cash,as sales is to recognized when the entity making the sale has performed its obligation of delivering the goods to the customers or delivered on an agreed service.

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2 years ago

A competitive market economy with low barriers to entry affords an entrepreneur with:.

nalin [4]

A competitive market economy with low barriers to entry affords an entrepreneur with

the opportunity to bring new and different products and services to the market.

5 0

2 years ago

Question Content Area The journal entry to record the receipt of inventory purchased for cash in a perpetual inventory system wo

Tanya [424]

The journal entry to record the receipt of inventory purchased for cash in a perpetual inventory system would be (D)

Jan. 1 Inventory 1,500

Cash 1,500

<h3>What are journal entries?</h3>

A journal entry is an act of keeping or producing records of any economic or non-economic transaction.
An accounting journal, which shows a company's debit and credit balances, records transactions.
The journal entry can be made up of multiple records, each of which is either a debit or a credit.
Otherwise, the journal entry is termed unbalanced if the sum of the debits does not equal the total of the credits.

Inventory purchase journal entry:

Say you purchase $1,000 worth of inventory on credit.
Debit your Inventory account $1,000 to increase it.
Then, credit your Accounts Payable account to show that you owe $1,000.
Because your Cash account is also an asset, the credit decreases the account.

Therefore, the journal entry to record the receipt of inventory purchased for cash in a perpetual inventory system would be (D)

Jan. 1 Inventory 1,500

Cash 1,500

Know more about journal entries here:

brainly.com/question/14279491

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The question you are looking for is here:

The journal entry to record the receipt of inventory purchased for cash in a perpetual inventory system would be

(A) Jan. 1 cash 1,500

Account receivables 1,500

(B) Jan. 1 Purchases 1,500

Account payable 1,500

Office Supplies 1,500

(D) Jan. 1 Inventory 1,500

Cash 1,500

3 0

2 years ago

In which of the following stages of personal selling does a salesperson tell the product story to the buyer?

dimulka [17.4K]

Answer:

C) presentation

Explanation:

During presentation, the salesperson is opportuned to give a detailed information about the product he is trying to sell to the customer.

5 0

3 years ago