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ikadub [295]
2 years ago
13

According to the following data,

Business
1 answer:
rusak2 [61]2 years ago
3 0

Answer:

A.Nominal wages will increase by 64%

B.Consumer prices will increase by 49.41%

C.Real wages will  increase by 14.85%

Explanation:

The computations are shown below:

a. Computation for  what percentage did nominal wages increase between 2000 and 2019

Using this formula

Nominal wages = (Average hourly wage 2019-Average hourly wage 2000)÷Average hourly wage 2000

Let plug in the formula

Nominal wages($23 - $14) / ($14)

Nominal wages= ($9)  / ($14)

Nominal wages= 64%

Therefore Nominal wages will increase by  64%

b. Computation for  what percentage did consumer prices increase between 2000 and 2019

Using this formula

Consumer prices=(CPI 2019-CPI 2000)÷CPI 2000

Let plug in the formula

Consumer prices= (254 - 170) / (170

Consumer prices= (84)  / (170)

Consumer prices= 49.41%

Therefore Consumer prices will increase by 49.41%

c. Computation for real wages increase between 2000 and 2019

Real wages increase= ($14 × 254) / (170)

Real wages increase= $20.92

Real wages increase= $23 - $20.92

Real wages increase= $2.08

Real wages increase= ($2.08 / $14) × 100

Real wages increase= 14.85%

Therefore the Real wages will  increase by 14.85%

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Answer:

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Explanation:

<em>Computation</em>

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Less : Opportunity costs - Salvage Value Lost =  <u>($10,000.00)</u>

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Incremental Revenue=                                             <u>$20,000.00</u>

4 0
3 years ago
Should any of these ratios or the change in a ratio warrant concern for the managers of Tyler Toys or the​ shareholders? ​(Selec
Murrr4er [49]

Answer:

<u>C. The company has a very poor turnover of assets and collects its receivables​ quickly; thus there are some concerns from these ratios. D</u>

<u>Explanation:</u>

Let's be mindful that turnover here refers to <em>revenue</em>, while receivables​  refer to<em> amounts owed to the company</em>.  So, If the company has a very poor turnover of assets it means it isn't making much revenue, and it is collecting its receivables​ quickly implying there are some concerns (imbalances) from these ratios.

Therefore, the managers of Tyler Toys or the​ shareholders need to work out a solution.

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3 years ago
What is the effect on total assets and​ stockholders' equity of paying the telephone bill as soon as it is received each​ month?
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Answer:

Option C) Decrease in Total Assets , and No Effect on Equity

Explanation:

Telephone bill it's a Current Liability , if you decide to pay it as soon as you receive it you have to use Cash which is part of your Current Asset, so the impact it's a decreased in your Current Assets through the Cash component.

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Jansen Company’s general ledger showed a checking account balance of $25,120 at the end of May 2021. The May 31 cash receipts of
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Explanation:

Use the format

Jansen Company’s

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5 0
3 years ago
Abraham found a $1,000 face value bond that belonged to his father. He checked The Wall Street Journal and found the bond was cu
asambeis [7]

Answer:

Premium

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Whenever a bond sells for more than its face value, it sells at a premium, which means that the investors are willing to pay more for the bond than its face value. This happens when the coupon payment percentage on the bond are higher than the yield to maturity of the bond, because the investors required return is the yield to maturity, when the bond pays more than the required return the investors are willing to pay more for the bond.

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