1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Lelechka [254]
3 years ago
15

A firm wishes to shut down an office and fire 100 employees. The company will save $3000 per month per employee. It is estimated

that each employee contributes $4,100 to the company. The firm rents office space for this group of employees at $1500. What should the company do
Business
2 answers:
stiks02 [169]3 years ago
7 0

Answer:

The multiple choices are as follows:

a.​Fire the employees and save $1500 on rent

b.Not fire the employees keeping them generates a profit of $1100 per employee

c.​Not fire the employees since keeping them generates a profit of $1085 per employee

d.None of the above

The correct option is C,not fire the employees since keeping them generates a profit of $1085 per employee

Explanation:

The cost of paying all 100 employees is $300,000 i.e ($3000*100)

Since each employee contributes $4,100 to the company bottom-line,all of them would contribute $410,000 as a whole.

The rent of office of $1,500 is also a cost to consider as shutting down would mean rent is no longer paid

Profit from employees=$410,000-$300,000-$1,500=$108,500

Profit per employee=$108500 /100=$1085

MArishka [77]3 years ago
6 0

The question is incomplete. Here is the complete question

A firm wishes to shut down an office and fire 100 employees. The company will save $3000 per month per employee. It is estimated that each employee contributes $4,100 to the company. The firm rents office space for this group of employees at $1500. What should the company do

a.​ Fire the employees and save $1500 on rent

b. Not fire the employees keeping them generates a profit of $1100 per employee

c.​ Not fire the employees since keeping them generates a profit of $1085 per employee

d. ​None of the above

Answer:

Not fire the employees since keeping them generates a profit of $1085

Explanation:

The amount of money contributed by each employee in the company is $4,100

The amount of expenses made is $3,000

Fixed costs can be calculated by dividing the amount of money used in purchasing the office space by the total number of employees

= 1500/100

= $15

Therefore, the earnings made from each employee is

= $4,100-$3,000-$15

= $1085

Hence since the company is making a profit of $1085 per employee then there is no need to fire them.

You might be interested in
A lower expected return means a higher risk will have to be accepted. true false
Alex777 [14]

The statement "A lower expected return means a higher risk will have to be accepted. " Is false. This is further explained below.

<h3>What is the expected return?</h3>

Generally, According to the proverb, "A lower projected return indicates a bigger risk will need to be taken." Is false

In conclusion, The amount of profit or loss that an investor might anticipate obtaining as a result of the investment is referred to as the anticipated return. To get an anticipated return, first, multiply all of the possible outcomes by the percentage chance that each one will occur, and then add up all of those products. It is impossible to provide a guarantee on expected returns.

Read more about the expected return

brainly.com/question/24173787

#SPJ1

8 0
1 year ago
What is meant by Sandel's use of the phrase "a common currency"?
Zinaida [17]

Answer:

C. Sandel meant that utilitarianism aims to level all values to equal standing so that they can be quantified and measured

Explanation:

The common currency is the currency that are shared by the different countries

Utilitarianism refers to a theory in which the goods things are to be rise and the bad things would be decline also it shows the outcome of an action that generated right and wrong concept

Therefore it provides a measure that should be common depend upon the values

Hence, the option c is correct

3 0
3 years ago
The assumption that in the absence of contrary information a business entity will continue indefinitely is the:
const2013 [10]

Answer:

(D) Going concern assumption.

8 0
3 years ago
A __________ is a group of products that are closely related because they satisfy a class of needs, are used together, are sold
konstantin123 [22]

Answer: product line

<span>A group of products which are closely related,  under a single brand which satisfies same needs, are used together and are sold to the same group of customers, distributed through the same company is called product line.  </span>

4 0
2 years ago
Which of these is a critical interaction in the hotel industry?
AveGali [126]
Answer: B
hope this helps :)
7 0
3 years ago
Other questions:
  • The last time he flew Jet Value Air, Juan's plane developed a fuel leak and had to make an 4) emergency landing. The time before
    7·1 answer
  • Investing in a global stock fund is a good idea to:
    12·1 answer
  • In a labor market comprising many firms hiring many workers with identical skills, which of the following is correct?
    14·1 answer
  • Louisa and Ray are evaluating the amount of recess time that should be given in the next school year at a new combined school fo
    9·1 answer
  • "In 2020, a customer buys a 3 3/4% U.S. Government bond maturing in 2029 at 104-16. The customer elects to amortize the bond pre
    14·1 answer
  • The blending of different communication and delivery channels that are mutually reinforcing in attracting, retaining, and buildi
    5·1 answer
  • Which of the following could be true if one decreases their long term liability and increases their liquid assets?
    8·2 answers
  • The project represented by this resource load chart has a maximum limit of 6 units of resource activity in any day. The first ac
    13·1 answer
  • Bob owned a duplex used as rental property. The duplex had an adjusted basis to Bob of $86,000 and a fair market value of $300,0
    10·1 answer
  • Workers typically get dirty if they work at a job site for
    8·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!