Answer:
The answer is "16 hours"
Explanation:
The 3 workers were paid an extra fee.
Their output rate will be sustained after the hour,
Answer:
Fair price of the insurance policy is $62,500.
Explanation:
We have given that an investment that will pay you and your heirs $5000
So the annual cash flow = $5,000
It is given that you can earn 8 % annually on your money
Required rate of return = 8%
We have to find the fair price for the investment
Price of this annuity
Fair price for the investment is $62,500.
You can make monopolies. You don't have to lower your prices because nobody is offering lower prices. You can sell bad stuff for high prices. But monopolies do tend to disappear.
Answer: D) employees require additional training
Explanation: Overtime can be defined as the rate of pay, usually higher, for work done by employees or workers outside of or in addition to regular working hours. While employees who work overtime hours are motivated by the extra income to be had, there are some disadvantages that comes with it some of which include numerous mental, physical, and social effects such as stress, lack of free time, poor work-life balance, and health risks. They may require extra energy to perform at a normal rate and consciously or not, may pace themselves to ensure overtime. In time they may also become accustomed to the extra income thereby elevating their standard of living, however, it is unlikely that employees would require additional training in order to work or because they are working overtime.
Answer:
$7.2 million
Explanation:
For computing the amount paid for the goodwill, first we have to calculate the fair value of the net asset which is shown below:
The fair value of net asset = Fair value of Midwest's assets - fair value of Midwest's liabilities
= $14.3 million - $2.5 million
= $11.8 million
And, the acquisition price of the outstanding stock is $19 million
So, the goodwill would be
= $19 million - $11.8 million
= $7.2 million