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Vlada [557]
3 years ago
14

In 2009, Modern Electronics, Inc. produced 60,000 calculators, employing 80 workers, each of whom worked 8 hours per day. In 201

0, the same firm produced 76,500 calculators, employing 85 workers, each of whom worked 10 hours per day. Productivity at Modern Electronics a. decreased by 4% b. remained constant. c. increased by 8.33% d. increased by 27.50%
Business
1 answer:
denis-greek [22]3 years ago
4 0

Answer:

a.  Production decreased by 4 percent

Explanation:

In 2009, production: 60,000 units

Hours worked per day: 80x8= 640 hours

Productivity= 60,000/640 hours =93.75 units per day

In 2010: production: 76 500 units

Hours worked per day= 85x10= 850 hours

productivity= 76,500/850= 90  units per day

In 2010, production decreased by 3.75 per day. (93.75-90.00)

percentage decrease= (3.75/93.75) x 100=4

In 2010 production decreased by 4 percent

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The following information is provided for each division. Investment Center Net Income Average Assets Cameras and camcorders $ 6,
kotegsom [21]

Answer and Explanation:

The calculation of the residual income for each division is given below:

<u>Target Income    Cameras & Camcorders Phones & Comm Computers & Acc. </u>

Average Assets $20,600,000         $21,500,000               $16,600,000

Target Return                14%                       14%                              14%

Target Income        $2,884,000           $3,010,000                  $2,324,000

<u>Residual Income    Cameras & Camcorders Phones & Comm Computers & Acc.</u>

Net Income              $6,800,000               $3,010,000           $1,100,000

Less: Target Income  $2,884,000           $3,010,000            $2,324,000

Residual Income       $3,916,000              $0                         -$1,224,000

6 0
3 years ago
During a contractionary phase of the business cycle, which of the following most likely occurs?
Zielflug [23.3K]
more tax revenues are remitted
6 0
3 years ago
Read 2 more answers
You plan to save $1,400 for the next four years, beginning now, to pay for a vacation. If you can invest it at 6 percent annuall
vekshin1

Answer:

FV= $6,124.46

Explanation:

Giving the following information:

You plan to save $1,400 for the next four years, beginning now, to pay for a vacation. If you can invest it at 6 percent annually,

Annual deposit= $1,400

Number of periods= 4 years

Interest rate= 6%

<u>To calculate the future value, we need to use the following formula:</u>

FV= {A*[(1+i)^n-1]}/i

A= annual deposit

FV= {1,400*[(1.06^4) - 1]} / 0.06

FV= $6,124.46

6 0
3 years ago
A new security system has a price-tag of $8,000, but should save your company $3,600 each year for the next 10 years in reduced
tensa zangetsu [6.8K]

If the required rate of return is 7.2%, no such security shall be purchased.

<h3>What does the required rate of return mean?</h3>

The required rate of return is the expected percentage of returns on investment at the time the investment is made. The required rate of return, in this case, is 7.2%.

The actual returns earned from purchasing the security for $8000 and receiving returns of $3600 are calculated to be around a 3.6% return.

As a result, if the required rate of return on investment is 7.2%, the security should not be purchased.

Read more about the required rate of return here:

brainly.com/question/13987385

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3 0
1 year ago
Assume that you purchased a $1,000 perpetual bond (coupon payment is $50) and the interest rate on that bond declined from 5 per
Svetlanka [38]

Answer:

D) all of the above

Explanation:

First find the present value for each alternative  using PV of perpetual cashflow formula;

PV = CF / rate

CF = 50

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If rate = 2%;

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With these two calculations, we see that;

-the bond price increased by $1,500

-you could sell this bond at a capital gain, meaning you can sell it a higher price that what you bought it for.

-at an interest rate of 2%, the speculative demand for money would increase

Hence , all these choices are correct!

5 0
3 years ago
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