All categories

2 years ago

An industrial union is characterized by which one of the following?

Business

1 answer:

leonid [27]2 years ago

6 0

Answer:

Answer is option C i.e. Members are linked by their work in a particular industry.

Explanation:

An industrial union is a type of trade union where the members are workers from the same industry regardless of the skills they possess. This union comprises all the skilled as well as unskilled workers who belong to the same industry, say the Cotton industry.

You might be interested in

The production possibilities curve illustrates the basic principle that

krok68 [10]

Answer:

If all the resources of an economy are fully used, more of one item could be produced only if less of another item is produced

Explanation:

The concept of production possibility curve shows the different commodities that can be produced in a given economy, given the prevailing level of technology, if all available resources are efficiently utilized. The idea behind production possibility curve is that in other for in order to produce a particular commodity, the production of another commodity has to be scarified provided that i.e if all the resources of an economy are fully used, more of one item could be produced only if less of another item is produced

6 0

3 years ago

Suppose a banking system has $120 million in deposits, a required reserve ratio of 20 percent, and total bank reserves for the w

Dmitry_Shevchenko [17]

Answer:

$380 million

Explanation:

Given that,

Deposits = $120 million

Required reserve ratio = 20 percent

Total bank reserves = $100 million

Required reserve ratio refers to the portion of deposits that is kept with the reserve bank.

Required reserves:

= Deposits × Required reserve ratio

= $120 million × 0.2

= $24 million

Excess reserves:

= Total reserves - Required reserves

= $100 - $24

= $76

So, there is a excess reserves in this economy.

Money multiplier = 1/Required reserve ratio

= 1/0.2

= 5

Therefore, the total money creation potential of this deposit is as follows:

= Excess reserves × Money multiplier

= $76 × 5

= $380 million

Hence, an increase in deposit creation by $380 million.

6 0

3 years ago

PackMan Corporation has semiannual bonds outstanding with nine years to maturity and the bonds are currently priced at $754.08.

EleoNora [17]

Answer:

8.23%

Explanation:

Since this bond pays semi-annual coupons, it means that the payments occur every 6 months; making it 2 periods per year. Using a Financial calculator; enter the following inputs. If using TI BA II plus, key in the number first, then the function.

Total duration; N = 9*2 = 18

Face Value ; FV = 1,000 (use 1,000 if the value is not given)

Present value or price ; PV = -754.08

Semiannual Coupon Payment; PMT = Semiannual coupon rate *Face value

Semiannual Coupon Payment; PMT = (7.25%/2) *1000 = 36.25

The Yield to maturity;YTM is the <em>annual</em> pretax I/Y which is the Pretax cost of debt in this case

therefore, CPT I/Y = 5.875% (note: semi-annual rate)

Next, convert the semiannual rate to annual rate i.e the YTM;

= 5.875%*2

Pretax cost of debt (YTM) = 11.75%

Aftertax cost of debt = Pretax cost of debt (1-tax)

= 0.1175% (1-0.30)

= 0.08225 or 8.23%

8 0

3 years ago

Acc 450 if group auditors make no reference to component auditors whose work they have relied on as a part of the basis for thei

anastassius [24]

if group auditors make no reference to component auditors whose work they have relied on as a part of the basis for their report, the group auditors decide not to make reference to the report of a component auditor that audited a portion of group financial statements.

An auditor is an individual or company hired by a company to conduct an audit of its financial statements. To practice as a certified public accountant, one must be licensed by the Auditing and Auditing Regulatory Authority or obtain specific qualifications.

The role of the auditor or evaluator is to prepare these financial statements in a professional and independent manner. An audit or audit of the association's financial statements can ensure greater accountability to members and ensure that all funds received by the organization are properly accounted for.

Learn more about auditors here:brainly.com/question/26048609
#SPJ4

3 0

10 months ago

After graduation, you plan to work for Dynamo Corporation for 12 years and then start your own business. You expect to save and

ExtremeBDS [4]

Answer:25,000 in 12 years = 25,000*(1.09)^12= $70,316

Value of $7,500 deposits in 6 years

Use financial calculator and input these values

N=6

PV=0

PMT=7,500

I=9

Compute FV= 56,425, after this

PV= 56,425

PMT= 15,000

I=9

N=6

Compute FV=$ 207,480

We will have (207,480+ 70,316) = $277,796 in 12 years to start our business.

Explanation:

4 0

2 years ago