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3 years ago

An increase in the minimum wage:

Business

1 answer:

user100 [1]3 years ago

6 0

Answer:

An increase in the minimum wage:

d. decreases the quantity of labor demanded but increases the quantity of labor supplied.

Explanation:

An increase in the minimum wage impact negativly in the demand of labor because each hour it's now more expensive than before, it means that company will looks to reduce their number of headcont due to an increase in each hour of labor existing, all of these just to keep the company cost at the same level.

The increase in the quantity of labor supplied it's favorable because a lot of people will be motivated to look for a job because the company will have to pay better salaries than before, on this escenario more people will go to the market labor looking for a job.

This increase in the labor supply is for those who were not willing to work under the previous salary conditions.

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Data from Dunshee Corporation's most recent balance sheet appear below: Year 2 Year 1 Current assets: Cash $ 130 $ 100 Accounts

maria [59]

Answer:

50 days

Explanation:

THE average collection period for Year 2 is closest to 50 days

Year 2:

cost of goods sold = $730

opening inventory = $110

closing inventory = $90 therefore total inventory = 110 + 90 = $200

Average inventory = $100

to calculate inventory turnover ratio = cost of goods sold / average inventory

= 730 / 100 = 7.30

The average collection period = 365 days / inventory turnover ratio

= 365/7.30 = 50 days

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3 years ago

What factors do you think are most important to luxury buyers?

sesenic [268]

Answer:

I think Quality is most important to luxury buyers.

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3 years ago

Upon receipt of purchased goods, receiving department personnel match the quantity received with the packing slip quantity and m

enot [183]

Answer:

c. Using a master price list for marking the sale price.

Explanation:

The market price list is the list that contains the information about the price, and the items of another price list. When there are two or more price lists that are dependent upon each other. So the price list would be called a master price list

Since in the given situation, the master price list is used and depending upon it, the packing slip is carried forward to the inventory control that creates the goods movement automatically to the retail sales area

So, for controlling this strength of the activity, the use of a master price list is equally important for sale price marking.

5 0

3 years ago

On January 1, 2021, Clark Corporation sold an $800,000, 7% bond issued for $767,320. The bonds are to pay interest quarterly and

serg [7]

Clark Corporation's total cost of borrowing $800,000, 7% bonds issued for $767,320 for 5 years is $344,702.87.

<h3>What is the total cost of borrowing?</h3>

The total cost of borrowing includes the bond discounts and the interest expenses.

In this case, the total cost of borrowing is $344,702.87. However, this is only the pre-tax cost.

<h3>Data and Calculations:</h3>

Face value = $800,000

Interest rate = 7%

Bonds proceeds = $767,320

Bonds discounts = $32,680 ($800,000 - $767,320)

Maturity period = 5 years

Market rate = 8%

Interest payment = quarterly

Quarter interest expense = $14,000 ($800,000 x 7% x 1/4)

N (# of periods) = 20 (5 x 4)

I/Y (Interest per year) = 8%

PMT (Periodic Payment) = $14,000 ($800,000 x 7% x 1/4)

FV (Future Value) = $800,000

<u>Results:</u>

PV = $767,297.13

Sum of all periodic payments = $280,000 ($14,000 x 20)

Total Interest = $312,702.87

Total cost of borrowing = $344,702.87 ($32,680 + $312,702.87)

Thus, Clark Corporation's total cost of borrowing $800,000, 7% bonds issued for $767,320 for 5 years is $344,702.87.

Learn more about the total cost of borrowing at brainly.com/question/25599836

6 0

2 years ago

At p1y1, if taxes decrease then consumer spending will decrease and ad will shift right to long-run equilibrium. decrease and ad

Gemiola [76]

Answer: Increase and ad will shift right to long-run equilibrium.

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3 0

3 years ago