Answer:
should be equal to their marginal revenue product.
Explanation:
This applies to basically all employees that work in competitive markets, their salaries should equal their marginal revenue product.
An employee's salary = the market value of hiring the employee = marginal revenue product
The formula for calculating marginal revenue product = marginal physical product x marginal revenue
where:
- marginal physical product = extra units produced by the employee
- marginal revenue = price of the units produced
For example, a new employee can produce 100 units per day and each unit is sold at $0.75, therefore the employee's marginal revenue product = 100 units x $0.75 per unit = $75 per day
Fair trade<span> is a </span>social movement<span> whose stated goal is to help producers in </span>developing countries<span> achieve better trading conditions and to promote </span>sustainable farming.<span> Members of the movement advocate the payment of higher prices to exporters, as well as improved social and environmental standards.
Free trade is </span><span>the unrestricted exchange of goods among nations.</span>
A company has several aims (the most important being profit) and in order to achieve this vague goal, there have to be other milestones. The milestones are business objectives. In order for them to be helpful, they need to be concrete, coincise and preferably incremental. They can be categorized in different categories, depending on the nature of the goal. Some of the types can be sales goals (goals regarding amout of sales), profit goals (related to profit margin), market goals (regarding market share/entering new markets) and others like branding goals and environmental responsibility goals. These goals are often interrelated and might conflict; The most apt description for the goal referred to in the sentence is that it is a marketing goal.
Answer:
Cash and Receivables are reported as the last items in the current assets section of the statement of financial position.
Explanation:
In IFRS Cash and receivable are reported as the last items in the current assets section of the statement of financial position whereas under GAAP, these items would be reported in the order of their liquidity.
Hope this clear things up.
Thank You.
Answer:
The developer intends to sell 138 units by the end of year 5
Explanation:
The 100 units grows at the 5% per year, hence you would in the attached spreadsheet the applicable number of housing units per year, which is calculated by multiplying previous year's units with 1.05
Since capture rate is 25% the number of expected sale is 25% of the total of 552.56 as given in the attached.