Answer:
The answer is a monopolist will hire fewer workers than if the industry were perfectly competitive.
Explanation:
A monopoly is a concept where a supplier has exclusive possession of a market of a product or a service for which there is no substitute.
It is worthy to note that a monopolist prefers pricing that maximizes profits without necessarily increasing the salary of his staff.
The goal of a monopolist is to maximize profits.
The cost of funding human resource is a recurrent expenditure that he manages to ensure cost effectiveness.
Therefore, other thing being equal, the monopolist will hire fewer workers than if the industry were perfectly competitive.
Answer:
$3,750,000
Explanation:
The total amount of expense = current salaries +accrued salaries
The total amount of expense = $3,600,000+ $150,000
The total amount of expense= $3,750,000
The salaries are those expenses that are paid from the current financial resources. If the salaries are not being paid in the current year due to any reason it will be an accrued expense to the company and has to be paid in next year.
Answer:
a. $530,000
Explanation:
Cash receipts in April = Sales in February x 10% + Sales in March x 30% + Sales in April x 60% = $500,000 x 10% + $400,000 x 30% + $600,000 x 60%
= $530,000
The table as attached file explains detail information:
Answer:
to see his goals very clear and make his job easy
