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vampirchik [111]
3 years ago
7

Joshua, an HR manager in a multinational firm, is recruiting employees for his firm. During the self-introduction stage, one of

the interviewees, Martha, shares information about herself. In this case, which of the following information shared by Martha is a demographic characteristic?
She lives in manhattan T/F
Business
2 answers:
SSSSS [86.1K]3 years ago
6 0

Answer:

The statement is: True.

Explanation:

Demographic characteristics are those features that individuals such as <em>gender, age, race, education level, income, occupation, </em>and <em>residence</em>. These types of data are helpful for censuses or creating a database of the population of a given organization to have an idea of their diversity.

Thus, <em>if Martha states she lives in Manhattan, she is providing information related to her residence, thus, she is giving demographic input for the recruiting process Joshua is conducting.</em>

mamaluj [8]3 years ago
4 0

Answer: To answer this question, we must first add all the options.

A. She lives in Manhattan.

B. She believes in social service.

C. She is very creative when it comes to cooking.

D. She prefers to use electronic gadgets of only one particular brand.

The correct option is A. She lives in Manhattan.

Explanation:

Demography is the study of people's statistics. Such characteristics as age, race, ethnicity, religion, nationality, location, marital status, etc, are examples of demographic statistics.

Therefore, where Martha lives (Manhattan) is the correct option.

You might be interested in
ou have just purchased a four-month, $630,000 negotiable CD, which will pay a 4.5 percent annual interest rate. a. If the market
Serjik [45]

Answer:

Explanation:

first will need to calculate the Fv future value of this CD

Fv = Pv ( 1 + R )^n n = 4 /12 = 0.333333,  r, rate = 4.5/100 = 0.045

Fv = $ 630000 ( 1+ 0.045)^0.33333 = $ 639311.69

a) the current value at 5 % Pv = Fv / ( 1+r)ⁿ

Pv = $ 639311.69  / ( 1.05)^0.3333 = $ 628998.41

b) the current price at 4.25% = $ 639311.69  / ( 1.0425)^0.3333 = $ 630503.20

8 0
3 years ago
3-30 Operating leverage. Cover Rugs is holding a 2-week carpet sale at Josh’s Club, a local warehouse store. Cover Rugs plans to
Leni [432]

Answer:

The step by step answer to your problem is given below:

Explanation:

1A) Break even point for option 1:    

Sales- Variable cost= Fixed cost    

Q* $950-Q*$760= $7410    

Q*$190= $7410  

Q=$7410/$190  

Q= 39 carpets

1B) Breakeven point for Option 2    

Sales- variable cost-rent cost= 0    

Q*$950- $760*Q- (Q*950*10%)= 0    

95Q= 0    

Q= 0

2. At what level of revenues will Cover Rugs earn the same operating income under either option?

Operating income under Option 1 = $190Q - $7140

Operating income under Option 2 = $95Q

We have to find Q such that $190Q - $7140 = $95Q

Q=$7410/$95= 78 Carpets

Revenue= $950 x 78 = $74,100

For Q = 78 Carpets, operating income under both option 1 and 2 will be = $7410

a. For what range of unit sales will Cover Rugs prefer Option 1? b. For what range of unit sales will Cover Rugs prefer Option 2?

For Q > 78, say 79 carpets:

Option 1 gives operating income= (190*79) - 7410= $7600

Option 2 gives operating income= 95*79= $7505

So color rugs will prefer Option 1.

For Q < 78, say 77 carpets:

Option 1 gives operating income= (190*77) - 7410= $7220

Option 2 gives operating income= 95*77= $7315

So color rugs will prefer Option 2.

3. Calculate the degree of operating leverage at sales of 65 units for the two rental options.

Operating Leverage= \frac{Contribution margin}{Operating Income}

= Contribution margin per unit x Numbers of Carpet Sold= Contribution Margin

Under Option 1,

Contribution Margin per unit= $950-$760=$190,

Operating income= $190*65-$7410= $4940.

Degree of Operating Leverage= \frac{190*65}{6175}

=2.5

Under Option 2,

Contribution Margin per unit= $950-$760-$760-0.10*$950=$95,

Operating income= $95x65-$0= $6175.

\frac{95*65}{6175}

=1.0

4. Briefly explain and interpret your answer to requirement 3.

The degree of operating leverage helps managers calculate and anticipate the effects of fluctuations in sales on operating income. The calculation in requirement 3 show that when sales are 65 units, a % change in sales and contribution margin will result in 2.5 times that % change in operating income for option 1. But the same % change in Option 2 because there are no fix costs attached in option 2.

6 0
3 years ago
Jon is a cash-basis taxpayer and has adjusted gross income of $40,000 in 2018. During the year he incurred and paid the followin
fiasKO [112]

Complete Question:

Jon is a cash-basis taxpayer and has adjusted gross income of $40,000 in 2018. During the year he incurred and paid the following medical expenses.

Drugs and medicines prescribed by doctors $300

Health insurance premiums $750

Doctors' fees $2,250

Eyeglasses $75

How much medical expense can he deduct as itemized deduction?

Answer:

Jon

Medical expense that Jon can deduct as itemized deduction:

= $375

Explanation:

a) Data and Calculations:

Adjusted gross income = $40,000

Incurred medical expenses:

Drugs and medicines prescribed by doctors $300

Health insurance premiums $750

Doctors' fees $2,250

Eyeglasses $75

Total  = $3,375

Under Tax Cuts and Jobs Act (TCJA), the medical expenses which can be deducted as an itemized deduction on the federal income tax return are only to the extent that they exceed 7.5% of adjusted gross income (AGI).

7.5% of $40,000 = $3,000

Therefore, Jon can itemize deduction of $375 in medical expense.

7 0
3 years ago
You are a self-employed profit-maximizing consultant specializing in monopolies. Five firms are currently seeking your advice, a
djverab [1.8K]

Answer:

The answer is option A) The short run recommendation for a monopolistic firm is to remain at the current output level

Explanation:

In the short run, monopolistic firms could record losses but still continue to run in anticipation of a sustainable profit in the long run.

A self-employed profit-maximizing consultant specializing in monopolies understands that the short run losses experienced in a monopoly is also an advantage in that it reduces the participation of more players in the same industry/ market segment.

The best recommendation would be to remain at the current output level during the short run to cut losses, sustain patronage and then develop a long term strategy that will guarantee profitability in the long run.

6 0
3 years ago
You are the manager of a clothing store. You must decide how many of your employees to put on the sales floor, and how many to p
Fiesta28 [93]

Answer:

c. 60 on the sales floor, 24 on the register.

Explanation:

Given that

The total number of employees to manage is 84

and w assume that the no of employees on the sales floor after having division be x

also the given condition is that there should be minimum of 2 employees for every 5 employees that worked on the sales floor

So that means

x ÷84 = 5 ÷ (5 + 2)

after solving this x = 60

So the no of employees on register is

= 84 - 60

= 24

7 0
2 years ago
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