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4 years ago

After increasing from $5.15 in 2007 to $7.25 in 2009, the inflation-adjusted minimum wage is:

Business

1 answer:

olasank [31]4 years ago

3 0

Answer:

The inflation-adjusted minimum wage is at its long term historical average level.

Explanation:

Inflation is a term use to show increase in price of goods and services in the market due to increase in money supply. Different monetary policies been introduced to check inflation rate as it impact the growth rate of economy.

Inflation are adjusted to remove the affect of price inflation from the data. The formula for inflation adjustments:

$Inflation\ adjustment\ value= \frac{Actual\ value}{index\ value}$

Data are used only, which are currency dominated like wage rate, deposite rate, etc.

Minimum wage affect the cost of production and so the employment rate of the country.

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The gaps model is designed to highlight those areas where

garik1379 [7]

The phrase the best completes the statement is "the gap between customer expectation and actual services provided are identified." It is a tool and a method of service quality which are most commonly used by a product manager. It assesses the quality of service delivery from the client's expectations.

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3 years ago

NewCorp has net income of $360. The firm pays out 35 percent of the net income to its shareholders as dividends. During the year

zmey [24]

Answer:

The cash flow to stockholders amounts to $45

Explanation:

Cash flow to stockholders is the term which is defined as the cash amount which the company pays out to the shareholders.

The cash flow to stockholders is computed as:

Cash flow to stockholders = Dividend paid - New equity raised

where

Dividend paid is computed as:

Dividend paid = Net Income × %

= $360 × 35%

= $126

New equity raised is $81

So, putting the values above:

Cash flow to stockholders = $126 - $81

Cash flow to stockholders = $45

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3 years ago

Quality Air Conditioning manufactures three home air conditioners: an economy model, a standard model, and a deluxe model. The p

Genrish500 [490]

Answer:

Detailed solution is given below:

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3 years ago

Innovative Products reported net income of $219,000. Beginning and ending inventory balances were $44,500 and $46,500, respectiv

andrew11 [14]

Answer:

$213,500

Explanation:

Given the information above, first, we'll determine increase in inventory

Increase inventory = Ending inventory - Beginning inventory

Increase inventory = $46,500 - $44,500

Increase inventory = $2,000

We will also calculate decrease in account payable

Decrease in accounts payable = Beginning accounts payable - Ending accounts payable

Decrease in accounts payable = $40,500 - $37,000

Decrease in accounts payable = $3,500

Therefore,

Net operating cash flows = Net income - Increase inventory - Decrease in accounts payable

Net operating cash flows = $219,000 - $2,000 - $3,5000 = $213,500

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3 years ago

The Shoe Box is considering adding a new line of winter footwear to its product lineup. When analyzing the viability of this add

Sindrei [870]

Answer:

D)the research and development costs to produce the current winter footwear samples.

Explanation:

Research and development costs associated with the current winter footwear samples will not impact the performance of the proposed new line.

When analyzing the viability of the new product line up, the company should only consider the projected expenses and revenues arising from the project. A project is viable if its benefits outweigh its shortcomings. One way of establishing viability is by doing a cost-benefit analysis.

For the Shoe Box company, the new project line may have some effects on the sales of current products. The new projects will demand new counters. The company must also consider expected revenues and taxes. All these have elements of cost and benefits directly associated with the proposed product line.

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4 years ago