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PSYCHO15rus [73]
3 years ago
14

Nick, a skilled welder, had been working for 12 years in a factory that recently closed. This has caused high unemployment in hi

s town and region. If Nick is concerned about maximizing his human capital and lifetime wealth accumulation, which action would be most beneficial?
Business
1 answer:
pychu [463]3 years ago
6 0

Answer:

move to a place where his welding skills will be valued and in demand in the marketplace

Explanation:

If Nick wants to maximize his human capital (Labour) and his wealth accumulation (income) and since he got unemployed since their is high unemployment in his town and region, he needs to move or relocate somewhere else where he can get a job to maximize his Labour and earn an income

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A corporation has 40,000 shares of $25 par value stock outstanding. If the corporation issues a 3-for-1 stock split, the number
Grace [21]

A corporation has 40,000 shares of $25 par value stock outstanding. If the corporation issues a 3-for-1 stock split, the number of shares outstanding after the split will be 120,000 shares.

Stocks are gadgets of fair ownership in an agency. For a few businesses, shares exist as an economic asset providing for an identical distribution of any residual profits, if any are declared, in the shape of dividends.

In monetary markets, a share is a unit used in mutual finances, limited partnerships, and real estate funding trusts. Percentage capital refers to all of the stocks of an agency. The owner of shares within the agency is a shareholder of the business enterprise.

A share is referred to as a unit of possession that represents the same share of a business enterprise's capital. A percentage entitles the shareholders to an equal declaration of earnings and losses of the employer. There are majorly sorts of shares i.e. equity stocks and desire stocks.

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3 0
1 year ago
A monopolist sells 6 units of a product per day at a unit price of $15. if it lowers price to $14, its total revenue increases b
grandymaker [24]
<span>A monopolist sells 6 units of a product per day at a unit price of $15. if it lowers price to $14, its total revenue increases by $22. this implies that its sales quantity increases by: 8 units. 

To solve for the original sales amount: (6 units)($15) = $90
Next find the new unit amount: (8 units)($14) = $112

The difference between these two is a $22 sales increase which means to have the difference in sales be $22 there were 8 units sold instead of 6 units. 

</span>
5 0
2 years ago
Apr. 2 Purchased $4,600 of merchandise from Lyon Company with credit terms of 2/15, n/60, invoice dated April 2, and FOB shippin
harina [27]

Answer:

Apr-02

Dr Purchase $ 4,600

Cr Accounts payable-Lyon $ 4,600

Apr-03

Dr Transportation - in $ 300

Cr Cash $ 300

Apr-04

Dr Accounts payable-Lyon $ 600

Cr Purchase returns & Allowances $ 600

Apr-17

Dr Accounts payable-Lyon $ 4,000

Cr Purchase discount$ 80

Cr Cash $ 3,920

Apr-18

Dr Purchase $ 8,500

Cr Accounts payable-Frist corp. $ 8,500

Apr-21

Dr Accounts payable-Frist corp. $ 500

Cr Purchase returns & Allowances $ 500

Apr-28

Dr Accounts payable-Frist $8,000

Cr Purchase discount$ 160

Cr Cash $7,840

Explanation:

Preparation of the journal entries to record the above transactions for a retail store. Assume a perpetual inventory system.

Apr-02

Dr Purchase $ 4,600

Cr Accounts payable-Lyon $ 4,600

(Being To record purchase merchandise from Lyon company )

Apr-03

Dr Transportation - in $ 300

Cr Cash $ 300

(Being To record shipping charges paid on above purchase )

Apr-04

Dr Accounts payable-Lyon $ 600

Cr Purchase returns & Allowances $ 600

(Being To record purchase return to Lyon company )

Apr-17

Dr Accounts payable-Lyon $ 4,000

($4,600 -$600)

Cr Purchase discount$ 80

{($4600 - $600)* 2% }

Cr Cash $ 3,920

($ 4,000 -$ 80 )

(Being To record cash paid to Lyon company for above purchase )

Apr-18

Dr Purchase $ 8,500

Cr Accounts payable-Frist corp. $ 8,500

(Being To record purchase merchandise from Frist corp. )

Apr-21

Dr Accounts payable-Frist corp. $ 500

Cr Purchase returns & Allowances $ 500

(Being To record received allowance on above purchase)

Apr-28

Dr Accounts payable-Frist $8,000

($8,500 -$500)

Cr Purchase discount$ 160

{($8,500 -$500)*2%}

Cr Cash $7,840

($ 8,000 -$ 160 )

(Being To record cash paid to Frist corp. for above purchase )

6 0
2 years ago
The lack of which of the following represents scarcity
Lapatulllka [165]
A because scarcity in economics mean having limited resources and unlimited wants, meaning there’s never enough resources to satisfy the needs that every individual wants
4 0
3 years ago
Read 2 more answers
Kingbird, Inc. purchased a piece of equipment for $72,200. It estimated a 8-year life and a $3,400 salvage value. At the end of
Ainat [17]

Depreciation Expense 3,060

Accumulated Depreciation 3,060

72,200-3,400=68,800/8yr=8,600*4yrs=34,400-72,200=37,800

37,800-7,200=30,600/10yr=3,060 annual depreciation

7 0
2 years ago
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