a yardstick report would be used. it would be organized indirectly, describing the problem, explaining alternatives, establishing criteria for comparison, evaluating each alternative in terms of the criteria, and making recommendations.
Answer:
D. Your wages would probably be higher because demand for baggers would be higher.
Explanation:
If I live in a community with fewer teenagers looking for grocery bagging jobs, the supply of labour would be lower. This would lead to an excess of demand over supply, wages would rise as a result.
I hope my answer helps you
Answer:
A) The extra $100 million spent on health care will not provide as much benefit as the previous $100 million due to diminishing marginal benefit.
Explanation:
The understanding of this question is based on the explanation of Diminishing Marginal Benefit
Diminishing Marginal Benefit is a law that states the an increase in the consumption of a thing while all other factor remain constant will reduce the marginal benefit or utility derived from the increased or additional unit.
Utility represents the benefit or satisfaction derived from consumption.
Based on this law, since $800 million has been spent on healthcare, every additional amount spent will bring in some benefit but will be at a diminishing rate. This means it will not provide as much benefit as the previous $100 million.
Answer:
Data for Question
<u>Debt</u> <u>Book Equity</u> <u>Market Equity</u> <u>Operating Income</u> <u>Interest Expense</u>
Firm A
500 300 400 100 50
Firm B
80 35 40 8 7
1.
Market debt-to-equity ratio = Debt of Firm / Market Equity
Firm A = 500 /400 = 1.25
Firm B = 80 / 40 = 2
2.
Book debt-to-equity ratio = Debt of Firm / Book Equity
Firm A = 500 /300 = 1.67
Firm B = 80 / 35 = 2.29
3.
Interest coverage ratio = Operating Income / Interest Expense
Firm A = 100 /50 = 2
Firm B = 8 / 7 = 1.14
4.
Firm B will have more difficulty meeting its debt obligations because it has higher debt equity ratio and lower interest coverage ratio than Firm A.
