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EleoNora [17]
3 years ago
10

The purpose of having a minimum wage is to _____. a. Educate workers about what they could be making b. Guarantee that workers a

re paid fairly and not exploited c. Undermine businesses that can’t afford to pay minimum wages d. Generate more tax revenue by increasing overall pay
Business
2 answers:
boyakko [2]3 years ago
8 0

Answer:

B) Guarantee that workers are paid fairly and not exploited.

Explanation:

This is a law to make sure that citizens are not underpaid for work.

vagabundo [1.1K]3 years ago
3 0

Answer:

The purpose of having a minimum wage is to guarantee that workers are paid fairly and not exploited.

Answer:b

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Cullumber Corp. paid a dividend of $2.44 yesterday. The company’s dividend is expected to grow at a steady rate of 5 percent for
Y_Kistochka [10]

Answer:

The market price is $12.81 per share.

Explanation:

The price of the stock today can be calculated using the constant growth model of DDM as the dividends are expected to grow at a constant rate. The formula to calculate the price of the stock under constant growth model is,

P0 = D1 / r-g

Where,

  • D1 is the Dividend for the next period or D0 * (1+g)
  • r is the required rate of return
  • g is the growth rate in dividends

P0 = 2.44 * (1+0.05)  /  (0.25 - 0.05)

P0 = $12.81

8 0
3 years ago
Read 2 more answers
One of the advantages of starting your own business is
Rudik [331]
I think the answer might be D because if you dont have free time how would you create your own business
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3 years ago
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Publications reporting total return data for an investment should use the recommended reporting period of:______.
Bezzdna [24]

 Publications reporting total return data for investment should use the recommended reporting period of 1 year, 5 years, and the lesser of 10 years of the life of the investment

The definition of investment is an asset that is purchased or invested to build wealth and save money from hard-earned income or capital appreciation. The importance of investment is primarily to gain an additional source of income or to make a profit from the investment over a period of time.

Time deposits are primarily investments in banks. A fixed interest rate is paid and the original investment funds are returned to the depositor at maturity. Example: Mr. B deposited her $1 million in her XY bank. XY Bank pays interest at 10% per annum.

Investments generally fall into three main categories: stocks, bonds, and cash equivalents. Each bucket has different types of investments. Here are six types of investments you can consider for long-term growth and what you need to know about each.

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8 0
11 months ago
OceanGate sells external hard drives for $260 each. Its total fixed costs are $30 million, and its variable costs per unit are $
Svetach [21]

Answer:

a. in order to calculate this we must assume that the economy entered a recession:

degree of operating leverage = [($20 - $70)/$70] / [($260 - $520)/$520] = -0.7143 / -0.5 = 1.43

b. $14 million

Explanation:

strong economy:

total sales $520 million

<u>variable costs $420 million</u>

gross profit $100 million

<u>fixed costs $30 million</u>

EBIT $70 million

<u>income taxes $21 million</u>

net income $49 million

weak economy:

total sales $260 million

<u>variable costs $210 million</u>

gross profit $50 million

<u>fixed costs $30 million</u>

EBIT $20 million

<u>income taxes $6 million</u>

net income $14 million

7 0
3 years ago
List at least four investment alternatives.
Ierofanga [76]
Four investment alternatives are hedge funds, futures, stocks, and bonds. If you are looking for more: mutual funds, annuities, and real estate are others.
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3 years ago
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