Which financial institution is known as a cooperative association?

Jamal and keisha are considering entering into an agreement to trade tasks. how can specialization of labor benefit jamal and ke

olga2289 [7]

The ways in which specialization of labor can benefit them would be: Keisha can specialize in washing cars because she has a comparative advantage.

<h3>What is Specialization of Labor?</h3>

Specialization of Labor is a division of labor that involves breaking down activities into a simpler set of tasks so that each participant participates hand in hand and no individual is being overworked, and to promote efficiency.

From the given information, the correct options are:

Keisha can specialize in washing cars because she has a comparative advantage.
Specialization allows them to collectively mow 3 more lawns and wash 3 more cars every three days.
Specialization allows them to earn more money.

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6 0

1 year ago

A proposed project has fixed costs of $43,000 per year. the operating cash flow at 16,000 units is $89,000. a. ignoring the effe

ryzh [129]

A proposed project has fixed costs of $43,000 per year. the operating cash flow at 16,000 units is $89,000. a. ignoring the effect of taxes, what is the degree of operating leverage?

Answer:

Fixed Costs = $43,000

Operating Cash flow at 16,000 units = $89,000

Degree of Operating Leverage = 1 + Fixed Costs / Operating Cash flow

Degree of Operating Leverage = 1 + $43,000 / $89,000

Degree of Operating Leverage = 1.4831

The Degree of Operating Leverage measures how a good deal a employer's operating earnings modifications in response to a change in sales. The DOL ratio assists analysts in determining the impact of any trade in sales on company earnings.

What's the method for Degree of Operating Leverage?

The Degree of Operating Leverage can also be calculated by using subtracting the variable fees of income and dividing that range via sales minus variable expenses and glued costs.

What does Degree of Operating Leverage measure?

The Degree of Operating Leverage (DOL) is a more than one that measures how a good deal the operating profits of a enterprise will alternate in reaction to a exchange in income.

Is a higher Degree of Operating Leverage better?

Generally speak me, excessive running leverage is better than low running leverage, as it permits businesses to earn large income on each incremental sale. Having stated that, organizations with a low Degree of Operating Leverage can also discover it less complicated to earn a profit while handling a lower degree of sales.

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6 0

1 year ago

As a supervisor how to deal with gossiping in your workplace?

Korolek [52]

It should be not allowed as that can cause a lot of conflict

6 0

1 year ago

Read 2 more answers

Why is it relevant that finance tends to attract large amounts of money? a. Money can be used for good or evil b. Finance attrac

SpyIntel [72]

Answer: c. Financial markets are a critical components of economic success

Explanation:

Economic success runs on companies and individuals being able to produce goods and services for the economy. To be able to do so they need capital to invest and most times they don't have that capital.

This is where Finance comes in. It connects people who do not have the capital but want to produce to those that have the capital but do not necessarily want to produce.

The huge amounts of money that finance attracts is channelled to those who need it. They then produce and the economy becomes successful.

6 0

2 years ago

A large St. Louis feed mill, Robert Orwig Processing, prepares its 6-month aggregate plan by forecasting demand for 50-pound bag

xz_007 [3.2K]

From the production plan, the budget for January is $12800, February, $16250, March $17175, April $20875, May $16900, and June $16900.

Production planning simply means the act of designing a guide for the production of a particular good or service.

It should be noted that production planning is important to ensure that all necessary preparation is completed before the start of a production cycle.

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1 year ago