Answer:
a binding price floor which results in an excess supply of labor and a decrease in the quantity demanded.
Explanation:
When a minimum wage is set below the equilibrium wage, then it will have absolutely no effect in the labor market. But when it is set above the equilibrium wage, it will cause an excess supply of labor and a decrease in the quantity demanded of labor resulting in a deadweight loss or a loss of total economic efficiency. This means that more people will want to work but less employers will hire workers.
Answer:
<em>c. $(265,460)</em>
Explanation:
The net present value of Project A shall be determined as needed.
The cash inflow of 31 December 2015 is five years from the current cash outflow and the net present value method uses the 18 per cent capital cost of the company.
The current value factor for 18 percent for 5 years is.4371, and $7.400,000 times.4371 is equivalent to $3.234.540, which is $265.460 lower than the current cash outflow of $3.5 million.
Answer: Yes it is.
Explanation:
The National Labour Relations Act of 1935 was passed to cater for both employees and employers. It gave both parties rights and advocates for Collective bargaining. Perhaps most key about this act is it's protection of the rights of employees to join unions and be able to engage in Union activities to improve their working condition.
Under this Act, it is illegal to terminate, suspend or take any other adverse action against an employee for their union actions.
It is under this last paragraph that this question falls.
If Wal-Mart had acted in anyway adverse towards employees based on the Unresolved People Index (UPI) alone, then their actions would have been illegal. They did not, so they are operating in legal territory.
Answer:
1) The benefit should be possible to measure in terms of money.
2) arguments 2 and 3 from the councelor can be considered benefits.
Explanation:
The benefit should be possible to measure in terms of money.
Like revenue, cash flow, job creation, reduce of cost, elimination of cost, increase in productivity per factor and so on.
The acceptance of the view for the bike riders is not measurable in terms of money. We cannot determinate the additional utility in cash for a better view
While we can determinate the lower cost in terms of CO2 emmisions (which have a cost) the time-savings for the people can also be estimated. This will reduce the time on highway for people going to work, and time is money. This increase productivity. Public transport can potentially decrease their times if less automobiles are in the streets.
The construction-related job are also a benefit as will increase the GDP.
Answer:
A.3.63 times
B.95.5 days
C.21.0 times
D.13.5 days
Explanation:
a.
Inventory turnover = Cost of goods sold / Average inventories
Hence:
= $602,250 / $166,000
= 3.63 times
b.
Number of days’ sales in inventory = Inventory at year-end / Average day’s cost of good sold
= $157,575 / $1,650
= 95.5 days
Average day’s cost of goods sold
= Annual cost of good sold / 365
= $602,250 / 365 = $1,650
c.Accounts receivable turnover
= Sales / Average accounts receivable
= $821,250 / $39,100
= 21.0 times
d.
Number of days’ sales in accounts receivable
= Accounts receivable at year-end / Average day’s sales
= $30,400 / $2,250 = 13.5 days
Average day’s sales = Annual sales / 365
= $821,250 / 365
= $2,250
