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4 years ago

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A beverage company puts game pieces under the caps of its drinks and claims that one in six game pieces wins a prize. the offici

al rules of the contest state that the odds of winning a prize are is the claim "one in six game pieces wins a prize" correct? why or why not? 1:6.

1 answer:

jek_recluse [69]4 years ago

5 0

Coke and yes 1 in 6 is correct

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If the supply of person-hours in this market shifts to the right, then the equilibrium wage will ______ and the equilibrium numb

abruzzese [7]

If the supply of person-hours in the market shifts to the right, then the equilibrium wage will <u>fall</u> and the number of person-hours will <u>increase</u>.

The equilibrium wage price is at the intersection of the supply and demand for labor. Personnel is hired as much as the factor where the extra value of hiring an employee Is equal to the extra income revenue from selling their output.

Labor market Equilibrium, the actual salary, and the equilibrium quantity of exertions traded are decided by the intersection of labor supply and labor call for. on the equilibrium actual wage, the amount of hard work provided equals the quantity of labor demanded.

A person's labor supply curve marks out the number of hours they are willing to work at one-of-a-kind wages, the equal manner that a vendor's supply curve marks out how a great deal they are inclined to promote at exceptional costs.

Learn more about the supply curve here brainly.com/question/11717727

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1 year ago

In 2019, Carla Enterprises issued, at par, 60 $1,000, 8% bonds, each convertible into 100 shares of common stock. Carla had reve

dimulka [17.4K]

Answer:

Diluted earnings per share for 2020. is 93 cents

Explanation:

Diluted Earnings per share shows the<em> future position</em> of the Earnings per shareholders once the potential shareholders begin exercising their rights.

Potential Shareholders exists due to Financial Instruments that <em>might be converted into ordinary shares</em>. Examples are Convertible Bonds, Options, Convertible Preference shares.

<em>Step 1 Calculate Basic Earnings Per Share</em>

Basic Earnings Per Share = Earnings Attributable to Ordinary Shareholders / Weighted Average Number of Ordinary Shares in Issue during the period.

<u>Profits attributable to Ordinary Shareholders :</u>

Earnings ( $14,700 - $6,900) $7,800

<em>Less</em> After tax Interest on Bonds (60×$1,000×8%×80%) ( $3,840)

Profits attributable to Ordinary Shareholders $ 3960

<u>Weighted Average Number of Ordinary Shares</u>

Common stock outstanding 2,400 shares

Basic Earnings Per Share = $ 3960/ 2,400

= 165 cents

<em>Step 2 Calculate Diluted Earnings Per Share</em>

Diluted Earnings Per Share = Adjasted Basic Earnings per Share Earnings/ Adjasted Number of Ordinary Shares

<em></em>

<u>Adjusted Basic Earnings per Share Earnings</u>

Profits attributable to Ordinary Shareholders $ 3960

Add Savings on Interest (60×$1,000×8%×80%) $3,840

<em>Adjusted Basic Earnings per Share Earnings $7,800</em>

<u>Adjusted Number of Ordinary Shares</u>

Common stock outstanding 2,400 shares

Add 60× 100 shares of Convertible Bonds 6,000 shares

<em>Adjusted Number of Ordinary Shares 8,400 shares</em>

Diluted Earnings Per Share = $7,800/8,400 shares

= 93 cents

7 0

3 years ago

An effective minimum wagea. imposes a price ceiling on the wages of various categories of low-skill workers.b. increases the dem

Strike441 [17]

Answer:

d. increases the earnings of some low-skill workers while reducing the employment and training opportunities available to others.

Explanation:

Minimum wage is a form of price floor. It is the lowest amount that should be paid to labour for their services rendered. It is usually set by the government or an agency of government.

Minimum wage causes supply of Labour to exceed demand for Labour. Firms would demand less of Labour because of higher cost of Labour. Decreased demand for Labour would increase unemployment.

Minimum wage isn't a price ceiling but a price floor.

Minimum wage increases the income of Labour.

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3 years ago

Greeting individual members of the audience before your presentation begins is an effective way to convey friendliness and confi

Nana76 [90]

Ngl I definitely think this is true :) if not then FRICKKKK I’m sooo sorry for getting it wrong

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3 years ago

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Critically explain Robbins definition of economics?

arlik [135]

Answer:

In his landmark essay on the nature of economics, Lionel Robbins defined economics as. “the science which studies human behaviour as a relationship between ends and scarce means which have alternative uses”

Explanation:

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3 years ago