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g100num [7]
3 years ago
9

Which of the following scenarios would result in a decrease in the wage rate of solar panel installers and a decrease in the qua

ntity of solar panel installers employed in Billy's town? An increase in the demand for solar panels raises the price of each installation A. decrease in people's income decreases the demand for solar panels A solar panel company shuts down in another town and solar panel installers try to find jobs in Billy's town. Wages of solar panel installers increase in another town and attract workers away from Billy's town.

Business
1 answer:
Digiron [165]3 years ago
7 0

Answer:

Wages of solar panel installers increase in another town and attract workers away from Billy's town.

Explanation:

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.

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When a product is a ______, the more ______ its demand.
Dominik [7]

Answer:

oil

Explanation:

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3 years ago
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Local Co. has sales of $ 10.7 million and cost of sales of $ 5.9 million. Its​ selling, general and administrative expenses are
storchak [24]

Explanation:

The computation is shown below:

a. The gross margin is

Gross margin = (Sales revenues - Cost of sales) ÷ (Sales revenues) × 100

= ($10.7 million - $5.9 million) ÷ ($10.7 million) × 100

= 45%

b. The local operating margin is

= (Operating income ÷ Sales) × 100

where,

Operating income is

= (Sales - cost of sales - selling, general & administrative expenses - research & development - Depreciation & Amortization) ÷ (Sales revenue) × 100

= ($10.7 million - $5.9 million - $0.55 million - $1.2 million - $1.4 million) ÷ ($10.7 million) × 100

= ($1.65 million)  ÷ ($10.7 million) × 100

= 15.42%

c. Net profit margin

= (Net profit ÷ Sales) × 100

where,

= (Sales - cost of sales - selling, general & administrative expenses - research & development - Depreciation & Amortization) × (1 - tax rate) ÷ (Sales revenue) × 100

= ($10.7 million - $5.9 million - $0.55 million - $1.2 million - $1.4 million) × (1 - 0.35) ÷ ($10.7 million) × 100

= ($1.0725 million)  ÷ ($10.7 million) × 100

= 10.02%

3 0
3 years ago
Most products today are composites of global materials and services from throughout the world. true false
Lorico [155]
The correct answer would have to be true :)

3 0
4 years ago
Puget Sound Divers is a company that provides diving services such as underwater ship repairs to clients in the Puget Sound area
notsponge [240]

Answer:

$50,094.8

Explanation:

Flexible Budget are budget prepared by taking the actual activity level achieved at standard cost/price. WHILE

q is taken as the actual level of activity which is 240 diving hours.

Puget Sound Divers

Flexible Budget For the Month Ended May 31

Revenue ($440.00 ×240) $105,600

Expenses:

Wages and salaries ($11,800 + $128.00×240) $42,520

Supplies ($3.00 ×240) $720

Equipment rental ($2,100 + $22.00 ×240) $7,380

Insurance ($4,000) $4,000

Miscellaneous ($530 + $1.48×240) $885.2

Total expense $55,505.2

Net operating income ($105,600- $55,505.2) $ 50,094.8

Net operating income =Revenue - Total expenses

3 0
3 years ago
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A certificate of deposit is a certificate of ownership in a corporation.
Eddi Din [679]

Answer:

False

Explanation:

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