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yarga [219]
3 years ago
6

In A Knight's Tale, three friends are deciding what to do with 15 silver coins they won in a jousting tournament. They can spend

their winnings immediately and live the good life for a while, or they can spend the money on training for the next tournament. They ultimately decide to spend most of the winnings on training for the next tournament. What does their decision represent? More than one choice may be correct. Correct Answer(s) Drag appropriate answerfs) here the only possible decision investment trade-off of present for future benefits consumption of consumer goods Incorrect Answer(s)
Business
1 answer:
kondaur [170]3 years ago
3 0

Answers:

Correct answer:

1. Investment

2. Trade-off of present for future benefit

Incorrect answers:

1. The only possible decision

2. The consumption of consumer goods.

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The direct labor standards for a particular product are 4 hours of direct labor at $12.00 per direct labor-hour = $48.00. During
Firlakuza [10]

Answer:

B) $ 1,614

Explanation:

Given the information

  • Actual:

Production= 3,350 units

Direct labor cost= $159,786

Direct labor hours= 13,450

=> rate per hour = $159,786 / 13,450 = $11.88

  • Standard

4 direct labor-hours for 1 unit

$12.00 per direct labor-hour

Budgeted production : 3,350 + 150 = 3500 units

=> The labor rate variance for the month was:

Direct labor rate variance= (Standard Rate - Actual Rate)*Actual Quantity

= ($12.00 - $11.88 )*13,450

= 1614

We choose B

7 0
3 years ago
Firms from __________ had the largest total outstanding stock of direct overseas investment at the beginning of 2014.
OlgaM077 [116]
<span>According to the United States Department of Commerce; U.S. Direct Investment Abroad: Balance of Payments and Direct Investment Position Data report, the United States had the largest total outstanding stock of direct overseas investments at the beginning of 2014.</span>
4 0
3 years ago
What confidential information must an advertising and promotions employee be careful not to disclose?
Ludmilka [50]

Answer: Advertising and promotions employees must be careful not to disclose people's credit card information.

5 0
3 years ago
Well-defined property rights give entrepreneurs the incentive to:
natita [175]

Answer:

The correct answer is letter "B": engage in risky business endeavors in order to accumulate future wealth.

Explanation:

Property rights represent the ownership individuals and organizations have on determined goods. In the case of businesses, the firm must know what assets, trademarks, and patents it has to project the profits that can be made and find out the resources that might be necessary to hit those goals. As long as the property of a company is wider, the institution could take more risk since it will have a cushion in case the venture does not provide the returns expected.

6 0
3 years ago
I. Discuss the rationale of organizing an industrial strike in resolving employee dispute with the
N76 [4]

Answer: The answer is provided below

Explanation:

Strike action, is a work stoppage, that is caused by mass refusal of employees to work and it usually takes place in response to the employee grievances.

Some of the reasons for strike include:

• Low wages: Employees engage in strik as a way to show their grievances to their employers that they're not well paid and want a pay rise.

• Poor communication with the organisation: Another reason for strikes is the lack of trust between employers and the trade unions. In cases whereby workers believe their employers aren't transparent with them, strike can take place.

• Employee debt: When employees are owed certain amount of money and the employer is not doing anything reasonable about paying, the workers may strike.

• Working conditions: Workers can engage in strike in order to seek for improvement in their working conditions. This may be probably because they need better equipments, medical facilities etc.

The detrimental effects that strikes has on various stakeholders in an economy are:

Effects on employers: Strike affects business and it is vital for employers to know their rights and keep up to date with the current labour laws and legislation. Strike leads to loss of revenue for the owner and if the strike continues.for a long time, it can badly affect the business.

Effects on employees: Striking employees who belong to a union are under the obligation to strike when the union wants. They can be at risk of losing their wages and benefits such as sick and holiday pay, medical aid insurance if the strike drags continues for an extended period of time.

Effect on the economy: The impact of strike will be felt by the economy in the immediate and long term future. Strike can harm a country’s investment and reputation internationally. The GDP growth will also be affected and consequences of higher wages in some sectors would lead to higher inflation.

7 0
2 years ago
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