There are a lot of factors to consider in increasing minimum wage.
In the pro side, minimum wage workers will be happy if their wage is increased because their take home pay will be higher.
However, if this increase will be implemented, a lot of business owners, especially small businesses, will be forced to relieve some workers of their position as well as be discouraged to hire more workers. This is because the salary for new hires will be used for the increase. Increasing minimum wage will also result to the increase of the wages of the existing workers, to ensure that they are equally treated.
Answer:
A
Explanation:
Average rate of return is a capital budgeting method. It is used to determine if a firm should invest in a project or should not invest in a project
average rate of return = average net income / average cost of investment
average net income = (total net income - depreciation) / useful life
(8,500,000 - $4,250,000) / 20 = 212,500
Average cost of investment =( beginning book value of the investment - ending book value of the investment) / 2
($4,250,000 - 0) / 2 = 2,125,000
ARR = 212,500 / 2125,000 = 0.1 = 10%
Answer: $7500
Explanation:
It should be noted that the gross income exclusion towards a scholarship will consist of the education related expense and the tuition only.
In this case, the income that was earned which is $6000 and the room and board expense of $1500 will be added which makes $7500. Therefore, the amount that must be included in Dean's gross income is $7500.
Exhaust. <span> Your exhaust system should not have leaks that increase the noise level. Leaks in the exhaust system are dangerous because they expose occupants to carbon monoxide and other toxic gases.</span>
Answer:
The opportunity cost of buying 3 CDs is the lost opportunity to buy 1 DVD
Explanation:
Opportunity cost is the cost of alternative forgone.It is cost of the item not purchased due the current buying decision.
It is also applicable to a business division selling to another division within the company.The cost of such internal sale is viewed as the variable cost of the product plus the contribution forgone from not selling to external party.This is most likely the case when the selling division does not have a spare capacity with which it can fulfill internal sale request.
