1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Inga [223]
3 years ago
14

The Digby's workforce complement will grow by 20% (rounded to the nearest person) next year. Ignoring downsizing from automating

, what would their total recruiting cost be? Assume Digby spends the same amount extra above the $1,000 recruiting base as they did last year.
Business
1 answer:
Lerok [7]3 years ago
5 0

Complete Question:

Baldwin's workforce complement (number of employees) will grow by 10% next year. Baldwin spends the same amount extra above the $1,000 recruiting base, which is $694 per employee. Complement/work force was 434 and New Hires were 67 for last year. What will they spend this year on recruiting this year?

Answer: $84,700

<u>Explanation:</u>

Total employees = 434 + 67 = 501

As mentioned in the question that Baldwin's workforce will increase by 10%.

Hence, existing employees x 110% = 501 x 110% = 551 (Ignore the decimal as employees cannot be in decimal) Increase of 50 employees

Baldwin will spend $694 + $1,000 = $1,694

Therefore, for 50 employees he would spend $1,694

Baldwin would spend a total of (50 x $1,694) = $ 84,700

You might be interested in
When a vacuum cleaner salesman persuades people to let him vacuum their living room for free, he is likely to increase his chanc
Afina-wow [57]
<span>He is using the foot in the door technique. This is when you ask for small things and ingratiate yourself to a person in order to make way for larger things that the person would not ordinarily do. You ask for something small, and then that makes them more likely to give you something larger when you ask.</span>
5 0
3 years ago
Macroeconomic forces contribute to an industry's ability to be profitable. Which of the following examples shows how a company m
Elis [28]

Answer:

A home mortgage company creates a sales promotion with incentives for potential home buyers to take advantage of a particularly favourable interest rate.

Explanation:

Companies usually give numerous promotions to their valuable customers to increase the overall sales revenue. In the above scenario, if a home mortgage company creates a sales promotion which attracts customers to buy their product and take advantage of the favourable interest rate is an example of companies focusing on macroeconomic factors. Macroeconomic forces are important for any company to improve profits.

6 0
3 years ago
Mediocre economists often consider only the immediate apparent effects of a change, whereas a good economist will also consider
olga nikolaevna [1]

Answer:

C. The importance of secondary effects

Explanation:

Secondary economic impact is a study of economic activities due to recurring rounds of spending by companies, households, and the government.

Secondary effects are long term and comes after the primary effect (first round of spending).

It is also called induced economic effect.

6 0
3 years ago
The Statement of Net Position of South State University, a government-owned university, as of the end of its fiscal year June 30
alexandr402 [8]

Answer:

Explanation:

Base on the scenario been described in this question, we can use the following method to be solve the question below using Microsoft word we have the solution in the image attached file below

5 0
3 years ago
The consumer price index (CPI) can be used to measure inflation. There are potential problems with this process though that can
DIA [1.3K]

Answer:

a. Overstates Inflation.

In the case of Mary and Bob, the CPI would have already increased but in this case the price of the minivan increased as well. This will overstate inflation because it will not measure the general rise in price alone (inflation), it will also measure the rise in price as a result of the new minivan having better features.

b. Understated Inflation

Donna's case represents an understated inflation because the quantity shrank yet the price stayed the same. This means that the price is now buying less quantity than it used to which is inflation because more dollars are now required to buy the previous amount. This was not however recorded as there was no change in price.

c. Overstates Inflation

In the case of Zach, the inflation will be overstated because Zach is no longer buying bagels and is now buying muffins so continuing to use bagels as a representative good in the basket of goods used to calculate CPI would be overstating it.

d. Accurate representation of Inflation

In Chris's case, the increase in the price of the same shoe over the years has been because of a general rise in prices and not because it is a different model. It is the same shoe and its price is rising generally so this is an accurate depiction of inflation.

6 0
3 years ago
Other questions:
  • During the past recession, Taylor Tool Company created a __________ organization, when it restructured and eliminated several mi
    9·1 answer
  • When discussing and generating ideas with team members, you should: A. Confine the discussion to generalities and avoid any deci
    15·1 answer
  • The following balances come from the financial statements of Way Industries: Sales revenue $850,000; Accounts receivable $280,00
    7·1 answer
  • Explain the difference between objectives and goals, and give examples of each.
    15·1 answer
  • The hospitality industry cannot quickly add a room to a lodge.​ Instead, lodge managers use yield​ management, which varies a pa
    6·1 answer
  • A law firm, Morris &amp; Morris, accumulates costs associated with individual cases using a job order cost system. On August 5,
    13·1 answer
  • Mr. and Mrs. Sloan incurred the following expenses during the current year, when they adopted a child: Child's medical expenses
    9·2 answers
  • According to the map, which continent has the most countries with a low GDP level? Which two countries have the highest GDP leve
    11·2 answers
  • No journal entries are required for the reconciling items on the bank side because
    14·1 answer
  • Melody has worked as a secretary at Consolidated Freight Handling for 10 years. Although she earns a good salary and has made fr
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!