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Alex17521 [72]
4 years ago
14

As a politician, you would be more inclined to propose an increase in the minimum wage when you believe that the new minimum wag

e would:
a. remain below the equilibrium wage and be binding.
b. remain above the equilibrium wage and be binding.
c. be equal to the equilibrium wage.
d. remain below the equilibrium wage and be nonbinding.
e. remain above the equilibrium wage and be nonbinding.
Business
1 answer:
scoundrel [369]4 years ago
3 0
The answer is c. Be equal to the equilibrium wage.
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The cash conversion cycle is computed as:
Anna [14]

Answer:

The correct option here is A) Days sales outstanding + Days inventory outstanding - Days payable outstanding.

Explanation:

Cash conversion cycle which is also termed as Net operating cycle or Cash cycle, this cycle tells us about how much time it is going to take for an organization to converts the amount of investment it has made in the inventory and various other resources to cash , which will be generated by sales.

Formula used for calculation =

                             AMOUNT OF SALES OUTSTANDING IN DAYS

                                                  +

                             AMOUNT OF INVENTORY OUTSTANDING IN DAYS

                                                  +

                             AMOUNT OF PAYABLE OUTSTANDING IN DAYS

4 0
3 years ago
Vitalink company does marketing research and then plans, creates, and places various forms of paid communications about its clie
USPshnik [31]

Vitalink company does marketing research and then plans, creates, and places various forms of paid communications about its clients' products and services. vita link company is an advertising agency.

Advertising agencies work with businesses to design and execute advertising campaigns and measure their success. You can also oversee promotions, branding, and marketing strategies.

The Big Five Advertising Agencies consist of WPP plc, Omnicom Group, Publicis, Interpublic Group of Companies, and Dentsu. Global advertising spending exceeded $563 billion in 2019. North America is the largest investor in this sector, followed by Asia and Western Europe.

External companies are known as advertising agencies. Examples of international advertising agencies are WPP and Omnicom Group.

Learn more about advertising agencies here: brainly.com/question/15611949

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3 0
1 year ago
Which of the following is a nonmanufacturing business where process costing would most likely be used? An auto body shop. A furn
solmaris [256]

All of them are the non-manufacturing business where process costing would most likely be used.

Explanation:

  • All are non-manufacturing business which are as follows,
  • An auto body shop.
  • A furniture repair shop.
  • A laboratory that tests water samples for lead A tailoring shop.
  • A beauty shop.
  • Non-manufacturing business costs refers to those business where it is incurred outside the factory or production unit
  • Non-manufacturing costs includes,
  • selling expenses
  • general expenses
  • Selling Expenses
  • It is also called as selling and distribution expenses.
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7 0
3 years ago
Which of the following is true of constraints that exist in product mix decisions?
chubhunter [2.5K]

Statement that is  true of constraints that exist in product mix decisions is Multiple constraints can be handled using linear programming.

<h3>What is Product mix decision?</h3>

Product mix decision refer can be regarded as the decisions involving addition of a new or eliminating any existing product from the product mix.

It involves  adding a new product line as well as lengthening any existing line in order to increase the profitability.

Learn about Product mix decision at:

brainly.com/question/14037774

8 0
2 years ago
The bank forecloses on Lisa's apartment complex. The property had been pledged as security on a nonrecourse mortgage, whose prin
skelet666 [1.2K]

Answer: $400,000

Explanation:

Based on the information given in the question, Lisa's recognized gain or loss will be calculated as the difference between the amount that's realized and the adjusted basis. This will be:

Recognized gain will be:

= Amount realized - Adjusted basis

= $900,000 - $500,000

= $400,000

There's a recognized gain of $400,000

6 0
3 years ago
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