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2 years ago

A company with a labor agreement under which union membership cannot be required as a condition of employment is considered a

1 answer:

7 0

A company with a labor agreement under which union membership cannot be required as a condition of employment is considered an open shop.
This means that the employees do not have to join a trade union in order to work there at this particular company. So regardless of the fact whether these workers are members of the union or not, they will be employed and paid equally.

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Last year ABC Media had $425 million of sales, and it had $270 million of fixed assets that were used at 65% of capacity. In mil

FrozenT [24]

Answer:

additional sales without adding the Fixed assets are $228.85 million

so correct option is d) $228.85

Explanation:

given data

sales = $425,000,000

fixed assets = $270,000,000

capacity = 65%

to find out

how much could ABC Media's sales increase before it is required to increase its fixed assets

solution

we get here Sales at full capacity that is express as

Sales at full capacity = Actual sales ÷ capacity % ..................1

put here value

Sales at full capacity = $\frac{425000000}{0.65}$

Sales at full capacity = $653846153.8

so sales without adding fixed assets will be

sales without adding fixed assets = Full capacity sales - Actual sales ............2

put here value

sales without adding fixed assets = $653846153.8 - $425,000,000

sales without adding fixed assets = $228846153.8

so that additional sales without adding the Fixed assets are $228.85 million

so correct option is d) $228.85

7 0

2 years ago

If the estimated price elasticity of demand for foreign travel is 4:

kenny6666 [7]

Answer:

b. a 20% decrease in the price of foreign travel will increase the quantity demanded by 80%.

Explanation:

A price elascitiy of 4 means demand is elastic. Price elasticity greater than 1 indicates demand is elastic.

Price elasticity of demand measures the responsiveness of quantity demanded to changes in price.

Elastic demand is when a change in price leads to a change in quantity demanded.

If price increases and demand is price elastic, the quantity demanded falls.

If price falls and demand is price elastic, the quantity demanded rises.

If price elasticity is 4, 20% decrease in the price of foreign travel will increase the quantity demanded by 80%.

Inelastic demand is when price elasticitiy is less than 1.

I hope my answer helps you

7 0

3 years ago

The Drogon Co. just issued a dividend of $3.00 per share on its common stock. The company is expected to maintain a constant 6.2

Mars2501 [29]

Answer:

The company’s cost of equity is 11.51%.

Explanation:

Please find the below for detailed explanations and calculations:

The company's cost of equity need to be found is the discounted rate that will bring net present value of its projected future dividend to its current stock price.

Denote cost of equity need to be found is x.

We apply the formula to calculated the present value of growing perpetuity to find x as shown below:

[ 3 x ( 1+0.062) ] / ( x - 0.062) = 60 <=> 3.186 / ( x - 0.062) = 60 <=> x = 11.51%.

Thus, the company's cost of equity is 11.51%.

5 0

2 years ago

Schumacher Industries Inc. manufactures recreational vehicles. Schumacher Industries uses a job order cost system. The time tick

labwork [276]

Answer:

Explanation:

Job 11-101=$3,880

Job 11-102= $2,630

Job 11-103= $2,080

Job 11-104= $3,190

Job 11-105= $2,080

Total 13,860

Direct labor rate = $18

Predetermined overhead rate = $22

Direct labor hour = 13,860/18 = 770 hours

Applied factory overhead rate = 770 *22 = $16,940

Factory labor cost

Dr Cr

Work in progress 13,860

Factory Overhead 18,000

Wages payable 31,860

Factory Overhead

Work in progress 16,940

Factory overhead 16,940

7 0

3 years ago

A Blank______ does not require consumers to do anything other than buy a ticket or fill out a form for a chance to win some type

svetoff [14.1K]

Sweepstakes does not require a consumer to purchase anything aside from the the ticket they will fill out for a chance to win prices.

<h3>What is Sweepstakes?</h3>

Sweepstakes is a form of gambling in which everyone involved in the contest pay a certain amount of money and the winner is awarded with a price or the money contributed.

Therefore, Sweepstakes does not require a consumer to purchase anything aside from the the ticket they will fill out for a chance to win prices.

Learn more about Sweepstakes below.

brainly.com/question/2033774

6 0

1 year ago