Answer:
$2,000
Explanation:
The operating margin is a ratio of the operating income to the operating revenue.
It shows what percentage of the revenue translate into income for the company.
Hence, where the operating margin is y,
10% = y/$20000
y = 10% × $20000
y = $2,000
The amount of operating income is $2,000
Answer:
a. Short-term
b. Long-term
c. Long-term
d. Short-term
e. Long-term
Explanation:
a. A worker laid off because of bad weather is unemployed for the short term as he will be employed when the weather gets better.
b. A worker unemployed in an isolated area is likely to remain unemployed for the long term as there may not be many employment opportunities there. He needs to move somewhere else to find a job.
c. A stagecoach worker is most likely to remain unemployed for the long term as the industry he works in is shrinking. He is structurally unemployed. He needs to acquire new skills to get a job in another industry.
d. A short-order cook is unemployed for the short term, he is likely to find a job at another restaurant. He can also get a job at the newly opened restaurant.
e. An expert welder with little formal education is likely to be unemployed for the long term. He does not have adequate training and skills to match up with new technology. He needs to get additional training and skill to find a job.
Answer:
Correct option is c.
That is heavy cost and high regulations <u>raise cost of production so that the aggregate supply curve shifts to the left .
</u>
Explanation:
Supply curse shifting towards left means there is decrease production efficiency .
- TAXES MEANS it is the compulsory monetary payment which later get contributed in the state revenue .
- REGULATIONS MEANS a set of rule which is maintained by a superior authority .
Answer:
$36,000
Explanation:
Given that,
Book value of the equipment given up = $40,000
Fair value of the equipment given up = $27,000
Cash paid = $9,000
Hence,
Value of pickup trucks:
= Fair value of the equipment given up + Cash paid
= $27,000 + $9,000
= $36,000
Therefore, the amount of $6,000 will Calaveras value the pickup trucks.
Based on the amount earned and the monthly expenses, Eric should set aside <u>$16,200</u> for an emergency fund.
It is generally recommended that when settling cash aside for an emergency fund, the amount that one sets aside be 3 times their monthly expenses.
Eric's monthly expenses are $5,400 so the amount to be set aside should be:
= 5,400 x 3
= $16,200
In conclusion, Eric should set aside $16,200 for the emergency fund.
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