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3 years ago

This is an organization of workers that negotiates with employers for better pay

Business

1 answer:

a_sh-v [17]3 years ago

5 0

Answer: The correct answer is a labor union.

Explanation: A labor union is an organized group of workers who are often in a common trade or profession. The union is formed to protect and further the rights and interests of the members. This normally includes collectively bargaining, where the labor union negotiates the salaries and benefits that will be paid to all of its members.

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You produce clothing, and the price of cotton just increased by a lot. As a result, you will most likely _____ your prices.

wlad13 [49]

A.) raise. it will raise the cost because they have to make a profit

3 0

3 years ago

Read 2 more answers

Clever tests to discriminate between alternative explanations. LaPorta, Lakonishok, Shleifer, and Vishny ("Good News for Value S

yulyashka [42]

Answer:

The answer to the above question is:

"The return patterns around earnings announcement is an example of behaviorial pattern exhibiting as more investors flock to buy the stock which has shown better earnings thus driving up the price. In an efficient market, this information would already be built into the price and thus there would not be any appreciable change in price post earning announcement".

Explanation:

8 0

3 years ago

Which element of the business model addresses what a firm provides that other firms do not and cannot?

BaLLatris [955]

Value proposition addresses what a firm provides that other firms do not and cannot.

A company is a commercial enterprise, usually set up as a partnership, that provides professional services such as legal and accounting services. Corporate theory assumes that companies exist to maximize profits.

To describe a person as steadfast means that he acts in a way that does not change his mind, or that he is in control. She had to be firm with him. "I don't want to see you anymore."

A firm can be a company. B. A consumer goods store that offers physical products. It can also represent a service provider such as a hairdresser. The term firm may refer to any for-profit business, but it is more commonly used to describe businesses in specific industries such as law or accounting.

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7 0

1 year ago

The demand for salt is inelastic, and the supply of salt is elastic. The demand for caviar is elastic, and the supply of caviar

stellarik [79]

Answer:

<h2>In the case of the salt,the salt buyers would bear most of the tax burden and for caviar,the sellers would bear most of the tax burden.Hence,the correct answer is option b. or buyers of salt and the sellers of caviar.</h2><h2 />

Explanation:

In the case of salt,the supply is more elastic than the demand which implies that the salt sellers are relatively more responsive to salt price change in the market.Therefore,if any tax is imposed on them,it would basically translate into higher production cost for the sellers and due to price elasticity of supply,the sellers would pass the tax to the salt consumers who are comparatively less price sensitive.Now,since the consumer demand for salt is inelastic and the consumers are relatively price insensitive,the consumers won't perhaps mind paying a higher market price for salt including the extra tax.Hence,in this instance,the tax burden would fall on the salt buyers or consumers.

On the other hand,based on the same line of argument,the tax burden would fall on the sellers of caviars as the price elasticity of caviar supply is less than that of the caviar demand.In this case,the caviar sellers are less sensitive about changes in market price of caviars and thus,won't mind paying a relatively higher production cost/expense which is inclusive of the tax burden.Due to higher price elasticity of demand or price responsiveness,the cavier consumers would be reluctant to bear the tax burden and pass it onto the sellers.

8 0

3 years ago

Condensed balance sheet and income statement data for Jergan Corporation are presented here.

IgorLugansk [536]

Answer:

Jergen Corporation

2019 2020

(1) Profit margin Ratios: 13% 10%

(2) Gross profit rate 39.2% 35.7%

(3) Asset turnover 1.06 1.02

(4) Earnings per share $2.63 $1.80

(5) Price-earnings ratio = 3.2x 4.2x

(6) Payout ratio = 62% 76%

(7) Debt to assets ratio = 32% 28%

Explanation:

a) Data and Calculations:

Jergan Corporation

Balance Sheets

December 31

2020 2019 2018

Cash $ 29,300 $ 17,300 $ 17,000

Accounts receivable (net) 49,900 44,100 47,800

Other current assets 90,900 96,000 63,900

Investments 55,200 70,200 45,600

Plant and equipment (net) 500,700 370,600 358,000

$726,000 $598,200 $532,300

Current liabilities $84,800 $79,100 $70,300

Long-term debt 145,700 85,900 50,800

Total debt $230,500 $165,000 $121,100

Common stock, $10 par 348,000 320,000 312,000

Retained earnings 147,500 113,200 99,200

$726,000 $598,200 $532,300

Jergan Corporation

Income Statement

For the Years Ended December 31

2020 2019

Sales revenue $743,000 $606,900

Less: Sales returns and allowances 40,000 29,500

Net sales 703,000 577,400

Cost of goods sold 427,400 371,500

Gross profit 275,600 205,900

Operating expenses

(including income taxes) 184,210 148,160

Net income $ 91,390 $ 57,740

2020 2019 2018

Market price of common stock $8.50 $7.50 $7.00

2020 2019 2018

Retained earnings 147,500 113,200 99,200

Net income $ 91,390 $ 57,740

Dividend paid $57,090 $43,740

Outstanding shares 34,800 32,000

Dividend per share $1.64 $1.37

Average Assets: $662,100 $565,250

($726,000 + $598,200)/2 ($598,200 + $532,300)/2

a) Ratios:

2019 2020

(1) Profit margin Ratios: 13% ($91,390/$703,000) 10% ($57,740/$577,400)

(2) Gross profit rate 39.2% 35.7%

($275,600/$703,000) ($205,900/$577,400)

(3) Asset turnover 1.06 1.02

$703,000/$662,100 $577,400/$565,250

(4) Earnings per share $2.63 ($ 91,390/34,800) $1.80 ($57,740/32,000)

(5) Price-earnings ratio = 3.2 ($8.50/$2.63) 4.2 ($7.50/$1.80)

(6) Payout ratio = 62% ($1.64/$2.63) 76% ($1.37/$1.80)

(7) Debt to assets ratio = 32% 28%

($230,500/$726,000) ($165,000/$598,200)

7 0

3 years ago