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Reil [10]
4 years ago
12

A Wall Street Journal article noted that a study by the U.S. Congressional Budget Office​ "estimated raising the minimum wage to

​ $10.10 an hour would reduce U.S. employment by​ 500,000 but lift​ 900,000 Americans out of​ poverty." ​Source: Julie Jargon and Eric​ Morath, "As Wage Debate​ Rages, Some Have Made the​ Shift," Wall Street Journal​, April​ 8, 2014. The minimum wage might reduce employment because A. it would require training and benefits which would be too expensive to hire new workers. B. some workers may choose not to work at the higher wage. C. employer costs would increase. D. the increase raises the wage for all workers.
Business
2 answers:
irina [24]4 years ago
7 0

Answer:

D

Explanation:

Right on edge.

Flauer [41]4 years ago
4 0

Answer:

The correct answer is option C.

Explanation:

The introduction of minimum wages may lead to a reduction in the overall employment rate. This is because, the minimum wages will increase cost of labor for those employers who were earlier paying less than the current minimum wage. As their cost increase, the employers will be able to hire less workers.

This will cause the rate of employment to decrease.

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The stock price of Baskett Co. is $54.20. Investors require a return of 12 percent on similar stocks. If the company plans to pa
Alchen [17]

Answer:

5.08%

Explanation:

using the Gordon growth model we can calculate the expected growth rate:

current stock price = dividend / (required rate of return - growth rate)

$54.20 = $3.75 / (12% - g)

12% - g = $3.75 / $54.20

12% - g = 6.92%

g = 12% - 6.92% = 5.08%

5 0
3 years ago
A person running for political office is called a ____.
laila [671]

Answer:

Candidate

Explanation:

6 0
4 years ago
Read 2 more answers
Does this big data approach work for all three Gap Inc.'s primary brands: Old Navy, Gap, and Banana Republic? Why or why not? Wh
Greeley [361]

Answer:

We feel that the big data approach is applicable for all three of Gap Inc.’s brands, although the biggest insights from the information collected will come from the brand that has the greatest product diversity. Banana Republic is Gap’s most targeted brand with its expensive price points, so designers already have a relatively good idea of what their customers are looking for. The target customer is upscale, predominantly female, and interested in a classic look. The variability in design for the brand is least among Gap’s, but still significant so the ability to assess the success  

of product offerings in real time is extremely valuable. Similar to the model used by Netflix, withonline shopping Gap does not have to rely on feedback from just the very few customers that choose to comment on and rate products that they purchase.With the introduction of “Product 3.0”, the trends seen at Banana Republic and the Gap were able to cascade down into the less expensive, family brand of Old Navy. This allowed for consumers of all income brackets to be touched. All brands had a clear vision with common ground, being more predictive and demand driven based on data analytics. This sharing of information benefits all of the brands by better streamlining products towards market trends. Since Old Navy and Gap have a greater number of SKU’s, they will have an even greater benefit from big data. But managing, purchasing and inventories for these companies is even more challenging, and having to deeply discount unsuccessful SKU’s can be unavoidable. But minimizing these unsuccessful products can be achieved through big data by analyzing how well a product performs before waiting to receive customer feedback. Gap can emulate fast fashion companies like Zara who keep production runs short, even shorter for unsuccessful runs, and create a sense of urgency from the customer without complicating the customer’s decision process with an inevitable sale

Explanation:

8 0
3 years ago
Perpetual Inventory Using FIFO
maks197457 [2]

The cost of goods sold on October 24 is $4830

The perpetual inventory as on October 31 is 70 units of value as $2310

Explanation:

The order of events in the given scenario,

  • Oct. 1 - Inventory 200 units at $30
  • Oct. 7 - Sold 160 units
  • Oct. 7 - Remaining Inventory 40 units at $30
  • Oct. 15 - Purchase 180 units at $33
  • Oct. 15 - Total Inventory 40 units at $30 + 180 units at $33
  • Oct. 15 - Total Inventory 220 units and value is $7140 ($30 * 40 + $33 * 180)
  • Oct. 24 - Sold 150 units
  • Oct. 24 - Taken 40 units from the purchase of $30 and 110 units from the purchase of $33 by using FIFO logic
  • Oct. 24 - Total cost of goods sold is $4830

So, cost of goods sold on October 24 is $4830

  • Oct. 24 - Total Inventory 70 units and value is ($7140  - $4830) = $2310

The perpetual inventory value as on October 31 is $2310

7 0
4 years ago
Under what conditions should a sponsor approve a project change, and when is it okay for the project manager to authorize a chan
drek231 [11]

Answer:

never

Explanation:

A business is defined as an organization or enterprising entity engaged in commercial, industrial, or professional activities. ... The term "business" also refers to the organized efforts and activities of individuals to produce and sell goods and services for profit.

8 0
3 years ago
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