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Jlenok [28]
3 years ago
10

The government of a country increased the minimum wage from $21 to $30. A factory owner had to lay off some of his workers becau

se he could not afford to pay all of them. How many people lost their jobs?
Business
2 answers:
eimsori [14]3 years ago
4 0

Answer:

Explanation:

According to your question you need to know how many workers the company has and how much budget they have to keep the employees, the only thing that is done is that the total budget is divided by 30 and the result will be the number of employees that can be keep in the company

Debora [2.8K]3 years ago
3 0
8 people would lose their jobs.
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astra-53 [7]

Answer:

$94,000

Explanation:

A local hardware store has explicit cost of $2 million per year

The implicit costs are $44,000 per year

The store earned an economic profit of $50,000 last year

Therefore, the store's accounting profit can be calculated as follows

Accounting profit = Implicit costs + economic profit

= $44,000 + $50,000

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3 years ago
Q 7.13: a(n)________ requires a journal entry by the depositor.
kozerog [31]
A BANK SERVICE CHARGE requires a journal entry by the depositor.
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3 years ago
Allocate $249,000 net income by providing annual salary allowances of $66,000 to Ries, $56,000 to Bax, and $80,000 to Thomas; gr
Elis [28]

Answer:

Some information was missing: Ries invested $80,000 , Bax invested $112,000, and Thomas invested $128,000.

allocation of profits:

Ries = $66,000 + ($80,000 x 10%) = $74,000

Bax = $56,000 + ($112,000 x 10%) = $67,200

Thomas = $80,000 + ($128,000 x 10%) = $92,800

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total allocation of profits:

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Explanation:

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2 years ago
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