Answer: Some employers and workers will agree on a wage less than $20 and not report the wages to the government; black market
Explanation: When the minimum wage is set above the equilibrium wage it leads to a surplus of labor in the market. There are more job seekers than the firms demand at the minimum wage of $20. Thus, the only possible option will be that some employers and workers will agree on a wage less than $20 and not report the wages to the government. When this happens it leads to black marketing. Black market is an underground economy the transactions of which are not reported to the government.
Answer:
Explanation:
arithmetic average growth rate = {[(1.33 - 1.25)/1.25] + [(1.40 - 1.33)/1.33] + [(1.51 - 1.40)/1.40] + [(1.59 - 1.51)/1.51]} / 4 = {0.064 + 0.053 + 0.079 + 0.053} / 4 = 0.06225 x 100 = 6.225%
geometric growth rate = ⁴√{0.064 x 0.053 x 0.079 x 0.053} = 0.061%
a) using arithmetic average growth rate
Div₁ = $1.59 x 1.06225 = $1.689
P₀ = $40
g = 6.225%
40 = 1.689 / (Re - 0.06225)
Re - 0.06225 = 1.689 / 40 = 0.04222
Re = 0.04222 + 0.06225 = 0.10447 = 10.45%
b) using geometric average growth rate
Div₁ = $1.59 x 1.061 = $1.68699
P₀ = $40
g = 0.061%
40 = 1.68699 / (Re - 0.061)
Re - 0.061 = 1.68699 / 40 = 0.04217
Re = 0.04217 + 0.061 = 0.103174 = 10.32%
I would walk up to him/her and say "Hey, have you ever heard of hand washing? Obviously not because I see that you consistently do not perform hand-hygiene <span>when it is indicated or appropriate. You might want to rethink your priorities."</span>
Answer:
The shareholders equity as of 31 December, 2018 is $32,240
Explanation:
Here for calculating the shareholders equity we will first have to find the total paid in capital of the Yellow enterprises and after that we will subtract the deficit balance that is remained in the retained earnings account, by doing this we will get the total paid in capital and retained earnings. Now we just have to subtract the treasury stock from the total paid in capital and retained earnings to get the remaining balance , which would be the shareholders equity of the Yellow enterprises.
so first step would be taking out total paid in capital =
common stock
+
paid in capital(excess of par)
+
paid in capital treasury stock
= 2700 + 31,500 + 1300
Total paid in capital = $35,500
Next step is to subtract deficit balance in retained earnings from this to get the total paid in capital and retained earnings =
total paid in capital - deficit balance in retained earnings
Total paid in capital and retained earnings = $35,500 - $3000
= $32,500
Now the last step for taking out shareholders equity we will subtract the treasury stock from the total paid in capital and retained earnings,
Shareholders equity = total paid in capital and retained earnings
-
treasury stock at cost
= $32,500 - $260
= $32,240
It shows the max possible output combinations of two goods or services an economy can get when all the resources are efficiently and fully used.
