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3 years ago

Productivity in the United States doubled between 1945 and 1990. However, the work week didn't get shorter because

Business

1 answer:

mel-nik [20]3 years ago

3 0

Answer:

the standard of living increased

Explanation:

Between the years 1948 and 1990, the level of productivity in the United States of America increased tremendously, to the extent that it was in the doubled fold. Consequently, this increase in the level of productivity simply exemplified that, there is a substantial increase in the standard of living for the average American.

Hence, it can be concluded that, in this case, the workweek didn't get shorter because "the standard of living increased."

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Lauren plans to deposit $5000 into a bank account at the beginning of next month and $175/month into the same account at the end

Serhud [2]

Answer:

$12,053.86

Explanation:

The easiest way to calculate this is using an excel spreadsheet and the future value function. Using the FV function =FV(rate,nper,pmt)

rate = 3%/12 = 0.25%
nper = 36
pmt = 175

This function will give us the future value of the annuity =FV(0.25%,36,175) = $6,583.60

Now we must add the future value of the original $5,000:

future value = $5,000 x (1 + 0.0025)³⁶ = $5,470.26

total future value = $6,583.60 + $5,470.26 = $12,053.86

if you do not want to use an excel spreadsheet, you can use the following formula:

F = P x ([1 + r]ⁿ - 1 )/r

F = 175 x [(1 + 0.0025)³⁶ - 1] / 0.0025 = $6,583.60

the answer will be the same

3 0

3 years ago

Hunter & Sons sells a single model of meat smoker for use in the home. The smokers have the following price and cost charact

Yuri [45]

Answer:

a. 7,900

b. 10,100

Explanation:

As for the provided information,

We know at break even point taxes shall be = 0 as there are no profits and no losses.

a. At break even: = $\frac{Fixed\ Cost}{Contribution}$

Fixed Cost = $308,100

Contribution per unit = Selling price - Variable cost = $79 - $40 = $39

Therefore, break even units = $\frac{308,100}{39} = 7,900 smokers$

b. In case the company wants a profit of $51,480 after tax @ 40% then,

Earnings before taxes = $\frac{51,480}{1 - 0.4}$ = $85,800

Therefore, number of units = $\frac{Fixed\ Cost + Profit\ before\ tax}{Contribution\ per\ unit}$

= $\frac{308,100 + 85,800}{39}$ = 10,100

5 0

3 years ago

the stock market of country A has an expected return of 8 percent, and standard deviation of expected reutrn of 5 percent. The s

valkas [14]

With stocks of 8% for A and 16% for B, The global minimum variance is given as 10.5 percent

<h3>How to solve for the variance</h3>

The expected return of the stock for the country a is given as 0.05

The Weight of this country's stock market WA = 0.5

The expected return of the stock for the country a is given as 0.16

The Weight of this country's stock market Wb = 0.5

Expected Return of the portfolio can be calculated as

= (WA x RA) + (WB * RB)

Expected Return of the portfolio = (0.5x 0.05 ) +(0.5*0.16)

= 0.105

= 10.5%

Read more on variance here: brainly.com/question/10687815

5 0

3 years ago

During the annual fundraising drive, the Cancer Society raised $900,000 in pledges of financial support for their general operat

mylen [45]

Answer:

The amount to be reported as net amount of revenue in the current year from the pledge drive is $870,000 option B

Explanation:

The net amount amount of revenue the society should recognize in the current year from this pledge drive is the actual collected plus the remainder of the pledge which is $300,000 minus the provision for uncollectible pledge i.e 10%*$300,000

The net amount of revenue=$600,000+$300,000-(10%*$300,000)=$870,000

The correct option is B,net amount of revenue of $870,000 recognized

6 0

3 years ago

Generally speaking, a narrow span of management implies that the height of the organization will be ____; a wide span of managem

Pani-rosa [81]

<span>a narrow span of management implies that the height of the organization will be long; a wide span of management implies that the height of the organization will be short.

This is because in a narrow span of management, less people work under each manager and therefore, there will be more levels of hierarchy making the height of the organization longer and the vice versa applies.
</span>

6 0

3 years ago