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Andrej [43]
3 years ago
9

Jay and jim spears own a lawn irrigation system business. they perform installations and maintenance of these systems. several o

f their customers are golf courses, but they serve a large group of residential customers as well. when they started the business 10 years ago, they made a pact to always operate within the legal limits of the law, but lately, the competition is eating them alive. local competitors have hired illegal immigrants to perform the manual labor. they do not pay taxes on these employees; they just pay them in cash at the end of the week. employment taxes are a burden for small businesses. jay and jim do not want to hire illegal workers. there's a risk if you permit an illegal worker to drive a truck, or if he/she has an accident on the job. you have just studied business ethics in your class. you inform this partnership that:
Business
1 answer:
Stells [14]3 years ago
8 0

 

Jay and Jim does not only take a chance that a bigger problem may occur, since they foresee that there is a risk if they permit an illegal worker to drive a truck and has an accident on the job but they are also indirectly setting the ethics code for their firm.





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Cool Logos buys​ logo-imprinted merchandise and then sells it to university bookstores. Sales are expected to be $ 2 comma 003 c
Scrat [10]

Answer:

<u>Cost of Goods Sold Budget</u>

                                                  October             November      

Cost of Goods Sold                $1,568,000          $1,664,600    

<u>Inventory Budget</u>

                                                  October              November

Total                                         $752,920            $772,800

<u>Purchase Budget</u>

                                                 October                November

Budgeted Purchases           $2,259,320            $2,397,880

Explanation:

<u>Cost of Goods Sold Budget</u>

Gross Profit Margin = 30% therefore Markup is 70%

                                                  October             November       December  

Sales                                       $2,240,000         $2,378,000     $2,520,000

Cost of Goods Sold (70%)     $1,568,000          $1,664,600      $1,764, 000

<u>Inventory Budget</u>

                                                  October                       November

Base Amount                          $420,000                       $420,000

Based on Sales (20%)            $332,920                        $352,800

Total                                         $752,920                       $772,800

<u>Purchase Budget</u>

                                                               October                       November

Budgeted Sales                                    $2,240,000                $2,378,000

Add Budgeted Closing Inventory           $752,920                   $772,800

Total Purchases Needed                     $2,992,920                 $3,150,800

Less Budgeted Opening Inventory       ($733,600)                 ($752,920)

Budgeted Purchases                            $2,259,320                $2,397,880

September Closing Stock is October`s Opening Stock

Therefore September Closing Stock = $420,000 + $1,568,000 × 20%

                                                             = $733,600

6 0
3 years ago
Someone says, "Even though the equilibrium wage rate is $8 an hour in the unskilled labor market, if we impose a minimum wage of
balandron [24]

Answer:

a) The demand curve for unskilled labor is vertical.

Explanation:

Someone says, "Even though the equilibrium wage rate is $8 an hour in the unskilled labor market, if we impose a minimum wage of $10 an hour, no one currently working will lose his or her job." This person must believe that the Group of answer choices demand curve for unskilled labor is vertical.

Response to prices depend on the elasticity of demand because elasticity of demand relates to how quantity demanded will fall as a result of increase in price or in this case wage rate.

A vertical demand curve is a pictorial demonstration of a perfectly inelastic demand which means that no matter how much to you increase the price no change will occur in quantity demanded as such a good is most essential to the consumers.

Therefore if the demand for labor is perfectly inelastic, it means nobody will be laid off with increase in wage rate as firms will not change their quantity demanded for labor.

4 0
3 years ago
Read 2 more answers
What is a way to protect your social security number and other sensitive information from identity theft? everfi?
faltersainse [42]

dont share you personal emails or passwords

5 0
3 years ago
a country has national saving of $50 billion, government expenditures of $30 billion, domestic investment of $10 billion, and ne
zubka84 [21]

The supply of loanable funds is $50 billion. Thus, option c is correct.

The supply of loanable funds considers only national savings( public savings + private savings), thus the supply of funds shall be only $50 billion. The national savings is the rate that measures the amount of income that households, business, and the government saves. It looks at the difference between a nation's income and consumption.

The national savings rate is the GDP that is saved rather than spent in the economy. It is an indicator of a nation's health as it shows the trends in savings.

Hence, option c is correct, that is $50 billion.

Learn more about national savings here brainly.com/question/15109837

#SPJ4

8 0
1 year ago
Suppose 6 months ago a Swiss investor bought a 6-month U.S. Treasury bill at a price of $9,708.74, with a maturity value of $10,
hoa [83]

Answer:

The annualized rate of return to the Swiss investor is -7.93%.

Explanation:

This is an instance of foreign currency bond.

Using the exchange rate of $1 = 1.420, purchase price of the bond is calculated as $9,708.74 x 1.420 = 13,786.4108 Swiss Francs

Using the exchange rate of $1 = 1.324, maturity value is $10,000 x 1.324 = 13,240 Swiss Francs

Holding period is 6 months.

So, annualized rate of return is: (Maturity amount - Purchase price)/Purchase price x 12 / No of months

Annualized rate of return is: (13,240 - 13,786.4108)/13,786.4108 x 12/6 = -0.079268028.

Annualized rate of return is -7.93% approximately.

3 0
3 years ago
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