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3 years ago

Which industry is the second-largest employer of teens

Business

1 answer:

olasank [31]3 years ago

5 0

Answer:

I. Retail industry

ii. 7%

Explanation:

Retail industry is the second largest employers of teen and young people next to health sector which is the largest employer.

Retailing involves buying goods either from the producers or wholesaler and selling them to the final consumers. Some services are also offered in these retailing such as call center representative, those who work in innovation lab. etc

In the United States, about 7% of teens and young people are in the employment of government , while retail industry is the largest employer of teen and young people because it provides flexibility and also do not involve much academic qualifications.

Example of these retail jobs are those who work in call center, sales representatives and those who works in stores.

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Last year the company had net operating income of $450,000 on sales of $1,500,000. Lost Peak’s average operating assets for the

vesna_86 [32]

Answer:

$280,000

Explanation:

Computation for the company’s residual income for the year

Using this formula

Residual Income=Operating income- (Average operating assets×Rate of return)

Let plug in the formula

Residual Income = $450,000 – ($1,700,000 x 10%)

Residual Income=$450,000-$170,000

Residual income=$280,000

Therefore te company’s residual income for the year will be $280,000

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3 years ago

The common stock of ABC, Inc., has a beta of 1.13 and a standard deviation of 21.4 percent. The market rate of return is 12.7 pe

harina [27]

Answer:

The appropriate answer is "13.82%".

Explanation:

Given:

Risk free rate,

$R_f=4.10$

Beta of stock,

$\beta=1.13$

Market rate,

= $12.7$

Now,

The market risk premium will be:

⇒ $R_p$ = $Market \ rate-Risk \ free \ rate$

= $12.7-4.1$

= $8.60$ (%)

hence,

The cost of equity will be:

⇒ $r=R_f+\beta\times R_p$

$=4.10+1.13\times 8.60$

$=4.10+ 9.718$

$=13.82$ (%)

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2 years ago

Skye Pye Corporation, a U.S. firm, wishes to participate, but limit its involvement, in Middle Eastern markets. Skye Pye empower

lutik1710 [3]

Answer:

An agency relationship

Explanation:

An agency relationship is one in which a party follows up for the benefit of and with the authority of another party. The head of a firm or organisation names or approves a specialist to follow up for the company benefit. Subsequently, she is answerable for the moves of the operator made in encouragement of her obligations or per the guidelines of the head. The specialist will connect with the third party on behalf of the company.

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3 years ago

For each situation listed below, indicate the effect on the debit and credit column of the trial balance.a. Journal entry for sa

Ray Of Light [21]

Answer and Explanation:

The indication of the following transactions are as follows in the trail balance

Particulars Debit Credit

a. Overstated Overstated

b. Understated Overstated

c, Overstated No effect

d. Overstated Understated

e. Overstated Understated

These are the effects for each of the given transaction

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2 years ago

Is the letter l in the word almond silent?

EleoNora [17]

I think some people say it as olmen, rather than a silent L,it's silent D instead.

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3 years ago