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kow [346]
3 years ago
8

Minimum wages create unemployment in markets where they create a

Business
1 answer:
Bogdan [553]3 years ago
8 0

Answer:

a binding price floor which results in an excess supply of labor and a decrease in the quantity demanded.

Explanation:

When a minimum wage is set below the equilibrium wage, then it will have absolutely no effect in the labor market. But when it is set above the equilibrium wage, it will cause an excess supply of labor and a decrease in the quantity demanded of labor resulting in a deadweight loss or a loss of total economic efficiency. This means that more people will want to work but less employers will hire workers.

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Hall Corporation reported the following operating results for two consecutive years.
Strike441 [17]

Answer:

                         2014 2013 %CHANGE

SALE           1297000 1001000      29.6%

COGS             797655 600600      32.8%

Gross margin     499345 400400       24.7%

operating expenses  302000 198000        52.5%

Income before tax  197345 202400        -2.5%

taxes                  61400     52600 16.7%

Net income              135945 149800 -9.2%

Explanation:

%change = (2014 - 2013)/2013

2014 and 2013 represent each line item in the income statement

3 0
3 years ago
Matt Winne​, Inc. issued $ 1 comma 000 comma 000 of 9​%, nine​-year bonds payable on January​ 1, 2018. The market interest rate
alekssr [168]

Answer:

1) $1,223,163

2) bond premium amortization coupon 1 = $8,305

bond premium amortization coupon 2 = $8,554

3)

January 1, 2018, bonds are issued

Dr Cash 1,223,163

    Cr Bonds payable 1,000,000

    Cr Premium on bonds payable 223,163

4)

June 30, 2018, first coupon payment

Dr Interest expense 36,695

Dr Premium on bonds payable 8,305

    Cr Cash 45,000

5)

December 31, 2018, second coupon payment

Dr Interest expense 36,446

Dr Premium on bonds payable 8,554

    Cr Cash 45,000

Explanation:

bonds price = PV of face value + PV of coupons

PV of face value = $1,000,000 / 1.03²⁰ = $553,675.75

PV of coupon payments = $45,000 x 14.8775 (annuity factor 3%, 20 payments) = $669,487.50

issue price = $553,675.75 + $669,487.50 = $1,223,163.25 ≈ $1,223,163

Dr Cash 1,223,163

    Cr Bonds payable 1,000,000

    Cr Premium on bonds payable 223,163

amortization coupon 1 = $45,000 - ($1,223,163 x 3%) = $45,000 - $36,695 = $8,305

amortization coupon 2 = $45,000 - ($1,214,858 x 3%) = $45,000 - $36,446 = $8,554

4 0
3 years ago
A stock has an expected return of 12.2 percent, the risk-free rate is 6 percent, and the market risk premium is 10 percent. What
matrenka [14]

Answer:

Beta  = 0.62

Explanation:

<em>The capital pricing model establishes the relationship between expected return from a stock and its systematic  risk . The systematic risk is that which affects all players (businesses and firms) in the entire market, such risks are occassioned by changes in interest rate, exchange rate e.t.c</em>

<em>According to the model , the expected return is computed as follows</em>

E(r)   = Rf  + β(Rm-Rf)

Rf- risk -free rate, Rm-Rf - market premium

  E(r)     = 12.2%,  Rm-Rf  = 10,  β- ?

12.2 = 6%  + β× 10

10β = 12.2 -6

β=  (12.2-6)/10

     = 0.62

3 0
3 years ago
Google, Yahoo, Bing, and other major news and search sites confer legitimacy by way of algorithms that take into account what us
maksim [4K]

Answer:

<u>Organic feed.</u>

Explanation:

The organic feed of news and research sites such as those mentioned in the question, can be an additional strategic differential for several businesses. There is paid advertising, but ensuring that there is organic advertising for your company based on user research is configured as an effective engagement and relationship strategy.

For companies to increase engagement in online media, it is necessary to provide targeted content that offers value and not just advertising, the company must generate engagement of the target audience and strengthen the relationship and interaction with the customer through greater proximity, speed response and online presence.

6 0
3 years ago
The organic burrito is now on sale and costs 70% of the original price. if the original price was $8.00, what is the sale price?
allsm [11]
The answer is 5.6dollars.

5 0
3 years ago
Read 2 more answers
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