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3 years ago

What is a major function of the department of labor?

1 answer:

34kurt3 years ago

7 0

To ensure employers are following federal guidelines and providing equal employment. The Department of Labor can also be used to help people find jobs or stay on their feet if fired and granted unemployment until the person filing for unemployment finds a job or runs out of unemployment funds.

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Jermaine owns all 200 shares of Peach Corporation stock valued at $50,000. Kenya, a new shareholder, receives 200 newly issued s

Pie

Answer:

C. The transaction results in $10,000 of ordinary income for Kenya.

Explanation:

Kenya has received 200 newly issued shares from Peach Corporation which worth $50,000 in exchange for inventory which valued at $40,000. There is ordinary income of $10,000 to Kenya. This income is not classified as capital gains because this income is not received by selling the shares.

The correct answer is C, transaction will result in $10,000 of ordinary income for Kenya.

8 0

4 years ago

If you visit a Kentucky Fried Chicken restaurant in China, you will find on its menu not only KFC's regular items, but also cong

qwelly [4]

Answer:

Sell totally new products or services.

Explanation:

When you visit a Kentucky Fried Chicken restaurant in China, you will find on its menu not only KFC's regular items, but also congee, a rice porridge that can feature pork, pickles, mushrooms, and preserved egg. This is an example of a global product strategy where brands sell totally new products or services. They want to cater the needs and demands of its host country in a more effective way. They want to cater the local taste buds as well. For example, the same mechanism has always been used by Pizza Hut as well. They twisted their global flavors in a more local and customized way. In Asian countries, India and Pakistan, Pizza Hut sells, Behari Pizza, Tikka Pizza, Chicken Achari Pizza, which is not being sold and available fro the European countries.

7 0

3 years ago

Derby Phones is considering the introduction of a newmodel of headphones with the following price and cost characteristics. Sale

eduard

The units of headphones that must be sold to have an operating profit of $159,500 is 3497.

<h3>What is the units sold that would yield an operating profit of $159,500? </h3>

Operating profit is total profit that is earned from the daily business operations of a business. Operating profit is total revenue less fixed cost and variable cost.

How many units must be sold to have an operating profit of $159,500 = operating profit + fixed cost / (selling price - variable cost)

(159,000 + $348,000) / (285 - 140) = 3497

To learn more about profit, please check: brainly.com/question/26181966

3 0

2 years ago

You write one MBI July 127 call contract (equaling 100 shares) for a premium of $12. You hold the option until the expiration da

ser-zykov [4K]

Answer:

The answer is "$400"

Explanation:

The price value of the exercise:

= $127

The expiration date price value is:

= $135

Calculating the profit for Calls buyer:

= $135-$127

= $8

The value of 1 call = 100 shares

calculating the total profit :

=$ 8 × 100

= $ 800

One alternative purchase price:

= $12

Call option Total purchase price:

= $12 × 100

= $1200

The buyer's total loss:

= $1200 - $800

= $400

The Loss for the buyer: $\frac{\text{profit for the seller}}{\text{writer}}$

Hence profit for the writer = $400

3 0

3 years ago

An electronics firm is currently manufacturing an item that has a variable cost of $ 0.50 per unit and a selling price of $ 1.00

Paladinen [302]

Answer:

a) the break-even point in unit= 50, 000 units

b.) the break-even point in dollars = $50,000

Explanation:

The break even point in units is the minimum units of the product that the company should sell in order for it to make no profit or loss.

At this units of sales, the sales revenue would produce a total contribution exactly equal to the fixed cost.

Break -even point in unit = General fixed cost/price - variable cost

= 14,000 + 6000/(1-0.6)= 50,000 units

Break -even point (sales revenue) =General fixed cost/contribution sales ratio

Contribution sales ratio-= 1-0.6/1× 100= 40%

Break-even sales revenue= 14,000 + 6000/40%=$50,000

a) For Smithson Cutting, the break-even point in unit= 50, 000 units

b) For Smithson Cutting, the break-even point in dollars = $50,000

Profit before decision

Profit = (sales price - variable cost)× units - Fixed cost

= (1-0.5)×30000 - 14,000 = $1000

Profit after = 1- 0.60× 50,000 - 20,000= $0

6 0

3 years ago