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3 years ago

If a company hires too many employees and discovers later that it can't afford them, it may have to do what?

Business

2 answers:

Ivan3 years ago

5 0

It would be D. Lay off Employees

weeeeeb [17]3 years ago

3 0

The correct answer is D. Lay off employees

Explanation:

In companies, employees are individuals that receive payment and benefits in exchange for completing certain tasks or work for the company. Employees are one of the most important elements in companies because without them companies would not have profits or achieve their purposes. Despite this, companies need only the number of employees they can afford and are necessary for company purposes.

Due to this, if there are more employees the company can afford and this affects negatively the finances of the company, the most simple is to fire or lay off employees leaving only necessary employees. This is a difficult decision because it affects negatively those being hired, but it is necessary to avoid the company bankrupting.

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Raven Company has a target of earning $71,200 pre-tax income. The contribution margin ratio is 16%. What amount of dollar sales

Jlenok [28]

Answer:

$685,000

Explanation:

First and foremost, the formula for determining the contribution margin ratio can be used to determine the target dollars sales as shown below:

contribution margin ratio=contibution margin/sales revenue

contribution margin ratio=16%

contribution margin required=pretax income+fixed costs

contribution margin required=$71,200+$38,400=$109,600

16%=$109,600/sales revenue

16%*sales revenue=$109,600

sales revenue=$109,600/16%

sales revenue=$685,000

6 0

2 years ago

Flexible exchange rate systems are calculated according to

Stella [2.4K]

Flexible exchange rate systems are calculated according to supply and demand. Every currency decides the type of exchange rate arrangement to uphold.

6 0

3 years ago

Read 2 more answers

If you go to ohva pls reply to this comment i have a question !! :))

velikii [3]

Answer:

hello please stop posting stuff that are unnecessary.thank you have a Wonderful day.

Explanation:

7 0

3 years ago

Please select the economic term that is best described by each statement. People have limited resources. entrepreneurship margin

dlinn [17]

Answer:

scarcity

tradeoffs

Explanation:

Humans have unlimited wants and the resources available to satisfy this wants are limited. Thus, humans have to choose the most important wants and give up less important wants.

For example, if you have $20 and you want to buy a textbook , ice-cream or jeans. Each cost $20. If you need the textbook to study for a test, you would choose the book. Here $20 is the scarce resource. jeans and ice cream are what you traded off

6 0

3 years ago

The Bretton woods system of exchange rates relied on A. Fixed exchange rates with no mechanism for changing them. B. Fixed or pe

aleksklad [387]

The Bretton woods system of exchange rates relied on <u>"fixed or pegged exchange rates, with occasional orderly adjustments to the rates."</u>

The Bretton Woods arrangement of money related administration built up the rules for business and monetary relations among the United States, Canada, Western Europe, Australia, and Japan after the 1944 Bretton Woods Agreement. The Bretton Woods framework was the principal case of a completely arranged financial request expected to administer money related relations among free states. The central highlights of the Bretton Woods framework were a commitment for every nation to embrace a fiscal approach that kept up its outer trade rates inside 1 percent by binds its money to gold and the capacity of the IMF to connect transitory uneven characters of installments. Likewise, there was a need to address the trouble among different nations and to anticipate focused depreciation of the monetary forms also.

6 0

3 years ago