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xxTIMURxx [149]
1 year ago
10

in a given year, many unskilled workers in the united states earned the federal minimum wage of $7.25 per hour. by contrast, ave

rage earnings in that same year were about $27 per hour, and certain highly skilled professionals, such as doctors and lawyers, earned $135 or more per hour.
Business
1 answer:
alexdok [17]1 year ago
3 0

In a given year, many unskilled workers in the united states earned the federal minimum wage of $7.25 per hour. by contrast, average earnings in that same year were about $27 per hour, and certain highly skilled professionals, such as doctors and lawyers, earned $135 or more per hour.

While you earn a profit, each time your paycheck arrives, it's for an equal amount. An annual salary is a term of your employment, and that is how much you'll get hold of for so long as you keep the equal process or until the phrases are renegotiated. it's miles a kind of implicit price.

The wage rate definition is the charge of repayment for an employee. it's by far one of the critical issues of the look at human resources. It's far decided with the aid of 2 factors: productivity at work or number of production hours. This examination is referred to as salary fee economics.

Even though there are a number of complex alternatives involved, in line with PayScale, most jobs wreck down into one in all fundamental classes on the subject of a paycheck: hourly or earnings.

Learn more about wages here brainly.com/question/1622389

#SPJ4

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Seamus dropped out of school as a 16-year-old and needs to support himself, though he has few skills. He is a part-time employee
RoseWind [281]

Answer:

Psychological needs

Explanation:

From the question, we are informed about the Seamus who dropped out of school as a 16-year-old and needs to support himself, though he has few skills. He is a part-time employee at a department store earning minimum wage. Seamus wants to earn more, but hasn't been able to find a better job since he is without the right qualifications. He is having a hard time paying his rent and his mounting bills. He even started to skip breakfast to save on food costs. Seamus is having trouble meeting his Psychological needs. Psychological needs can be regarded as autonomy as well as competence and relatedness which has been regarded as one that play an important role when it comes to well-being as well as motivation and life satisfaction , even vitality of people as regards their general and daily level activities. These needs could be getting needed pleasure as well as avoiding pain.

3 0
3 years ago
Define economic profit. Explain how economic profit is different than accounting profit. Why is it important for economists to m
saul85 [17]

Answer:

a. Economic profit is the excess of revenue over both opportunity (implicit) and explicit costs.  Explicit costs are the cost of all inputs used.

b. The difference between economic profit and accounting profit is that in calculating economic profit, both the explicit costs and the implicit or opportunity costs are deducted from the revenue.  Whereas, in computing the accounting profit, only the explicit costs are deducted from the revenue.

c. Economists measure economic profit rather than accounting profit because economists believe that the real cost of an output includes the economic or opportunity cost (potential benefits lost as a result of the course of action chosen).

Explanation:

Opportunity cost is the implicit cost incurred, which is equal to the potential benefits lost by an individual or a business, when an alternative is chosen instead of the other alternative.  It is an important concept in the computation of economic profit.  The concept ensures that both implicit and explicit costs are considered when determining the profits generated by a business.

3 0
3 years ago
If convertible bonds were issued at a discount, when computing diluted EPS, the amortization of the bond discount: Multiple Choi
Brums [2.3K]

<u>Answer:</u> Option 1

<u>Explanation:</u>

If the convertible bonds are issued at discount then it will increase the numerator. Convertible bonds yields a fixed interest income. When the convertible bonds are issued at a discount then they can be converted into shares and discount is considered in the purchasing price of the stock.

In amortized bond the each payment goes towards the interest as well as the principle amount. Amortization reduces the credit risk as the principle is repaid on maturity or on default of the firm.

6 0
3 years ago
Old Economy Traders opened an account to short sell 1,000 shares of Internet Dreams from the previous problem. The initial margi
GrogVix [38]

Answer:

a.38%

b. No because the margin is above the requirement at 38%

c.-150%

Explanation:

a.

1000 shares*$40 per share = 40000

margin requirement is 50% so equity = 20000

1 year later price increase to 50

$1000 shares*$50 per share = 50000

dividend = $2*1000 = 2000

margin = 20000/52000 = 38%

b.

No because the margin is above the requirement at 38%

c.

Price of 1000 stock year 1 at 50$/share = 50000

40000 – 50000 = -10000

Rate of return = (-10000 -20000)/20000 = -150%

3 0
3 years ago
Malcolm has been researching reports generated by government agencies and the local chamber of commerce. What kind of research i
Yanka [14]
The answer is D personal
3 0
3 years ago
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