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3 years ago

An example of frictional unemployment is a(n):_______.

Business

1 answer:

zlopas [31]3 years ago

5 0

Answer:

The correct answer is letter "D": computer programmer who leaves one job and accepts a new job.

Explanation:

Frictional unemployment is one component of what economists call natural unemployment, which is unemployment caused by things other than an underperforming economy. Frictional unemployment is caused because of temporary changes in jobs. It involves cases such as new employees entering the workforce, people moving to another city and looking for a job or people leaving to seek a better one.

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Casual Essentials, Inc. manufactures two types of team shirts, the Homerun and the Goalpost, with unit contribution margins of $

emmasim [6.3K]

Answer:

1. What is the contribution margin per hour of machine time for each type of team shirts?

Homerun =  $ 50

Goalpost = $30

2. What is the optimal mix of team shirts?

Homerun = 50,890

Goalpost = 3,822

3. What is the total contribution margin earned for the optimal mix?

Total contribution margin earned for the optimal mix = $311,780

Explanation:

1. Contribution margin per hour of machine time for each type of team shirts

Homerun

Contribution margin per hour of machine = $5 / (6/60)

= $ 50

Goalpost

Contribution margin per hour of machine = $15 / (30/60)

= $30

2. Optimal mix of team shirts

Determine if machine time is a limiting factor

Demanded Hours

Homerun 0.1 × 50,890 = 5,089

Goalpost 0.5 × 50,890 = 25445

Total Hours Demanded = 30,534

Available Hours

Available hours =1,000 hour × 7 machines

=7,000 hours

Demanded Hours > Available hours

Therefore machine time is a limiting factor

Determine Mix

Rank the T-Shirts based on contribution margin per hour of machine time

Position 1. Homerun = 5,089

Position 2. Goalpost = 1,911 (takes the remaining hours)

Number of T-Shirts (mix)

Homerun = 5,089 / 0.1 = 50,890

Goalpost = 1,911 / 0.5 = 3,822

3. The total contribution margin earned for the optimal mix

Homerun = 50,890 × $5 =254,450

Goalpost = 3,822 × $15 = 57,330

Total = 311,780

3 0

3 years ago

On January 1, 2017, Culver Company issued 10-year, $2,140,000 face value, 6% bonds, at par. Each $1,000 bond is convertible into

Dvinal [7]

Answer:

a) diluted earnings per share = 0

Explanation:

Diluted earnings per share (DEPS) is a recalculation of the basic EPS. The difference between DEPS and EPS is, EPS represents the current position of earnings per share. No changes in number shares and/or earnings in the future are incorporated in the basic EPS.

Whereas DEPS is a representation of not only the current position of earnings and shares but also includes the commitments an entity has already made whose occurrence may result in an increase/decrease in the amount of earnings and/or number of shares. For example, in the question Culver Company has issued 10-year convertible bonds which right now have no impact on basic EPS but if in the future these bond holders exercise their right of conversion, this would result in an increase in number of ordinary shares hence decreasing/diluting the basic EPS. The entities use DEPS to show shareholders the impact of such commitments on the basic EPS to improve their decision making.

So in 2017 none of the bonds were converted therefore no diluted earnings per share is calculated in 2017.

If all of the bonds were converted in 2017 the DEPS would have been calculated as follows:

The formula for calculating DEPS is as follows;

DEPS = (Net income + interest savings) ÷ number of ordinary shares + increase in ordinary shares as a result of conversion.

Tax savings as a result of conversion=$128400 ($2140000×6%). Because if bond holders convert into ordinary shares then Culver company will not have to pay them interest and hence the amount of interest is saved.

Increase in ordinary shares upon conversion= 29960 ($2140000÷$1000=2140 bonds. Each bond is convertible into 14 shares therefore, 2140×14=29960).

Now Lets calculate DEPS as follows;

DEPS = ($296000+$128400) ÷ 91000+29960

DEPS =$424400÷120960

DEPS = $3.5

5 0

3 years ago

Explain why the concept of an organization as an iceberg is important.

xxMikexx [17]

Answer:An organizational iceberg can sink a business if the leaders don't take the time to find out what's beneath the surface of their culture. But once you recognize the issues at the different levels of the organizational iceberg, you can appropriately address them and keep your business in safe waters.

Explanation:IM SMART

6 0

3 years ago

A college professor wants to know if the university students in the Unites States will find the new textbook that he has authore

matrenka [14]

Answer:

b. judgment sampling.

Explanation:

In this scenario, where he believes that this group of students will be representative of the university student population in the United States, the professor is most likely using Judgment or Expert sampling which is normally used in circumstances where the pointed population involves very intelligent people like student of the University of United States here who cannot be determined by using any different type of probability or non-probability sampling method.

4 0

3 years ago

A gas tax imposed by some states in which those who use the roads more pay more to maintain them is based on the _____ principle

Volgvan

The principle that's illustrated by the gas tax is known as the benefit received principle.

It should be noted that a tax is a compulsory payment that generate revenue to the government.

In this case, a gas tax imposed by some states in which those who use the roads more pay more to maintain them is based on the benefits received principle.

Learn more about tax on:

brainly.com/question/25783927

8 0

2 years ago