Financial statement users typically begin their assessment of permanent earnings with:

A labor contract provides for a first-year wage of $15 per hour, and specifies that the real wage will rise by 2 percent in the

eduard

Answer:

$17.9469

Explanation:

Calculation for what dollar wage must be paid in the third year

Since the first year is tend to be the base year in which the real wage and nominal wage are both $15 per hour in that year.

The real wage is suppose to increase by 2 percent in the second year which means that the real wage in year two will be $15.30 ($15 * 1.02) per hour.

In a situation where the real wage was supposed to also increase by 2 percent in the third year, this means that the real wage in year three will be $15.606 ($15.3 * 1.02) per hour.

Therefore In order for us to find the nominal wage in third year , we have to index the real wage in order for it to adjust for inflation. Thus the nominal wage in third year will be $17.9469($15.606 * 1.15).

Therefore what dollar wage must be paid in the third year will be $17.9469

3 0

3 years ago

Winchell wrote a contract that involves two separate performance obligations. Winchell cannot estimate the stand-alone selling p

Semenov [28]

Given :

Stand alone price of product B = $100

Price of the combined product = $120

To Find :

Stand alone price of product A

Solution :

Now,

Stand alone price of Product A = 120 - 100 = $20

The allocation ration for the product A and B =

Stand alone price of product A

Stand alone price of product B

20 = 1:5

100

Allocated to the performance obligation for delivering product A =

$120 x 1

1+6

$17.1

So the answer is $ 17.1

Learn more about Transaction Price here:

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5 0

2 years ago

Which of the following are objects that can fulfill needs or wants?

ycow [4]

Answer:

the word objects makes me think B. also, wants can be fulfilled by objects, not tools or economics.

Explanation:

6 0

2 years ago

Position descriptions, policies and procedures, training checklists, and performance standards are all examples of:

valentinak56 [21]

Military? I mostly think it's law enforcement?

5 0

3 years ago

One month into a three-month lead generation campaign, it becomes clear your current plan to reach your goal of ten marketing qu

Kobotan [32]

Answer:

Explanation:

Using last months data adjust the goals so that they better meet the standards and feasibility aspect for the campaign period. This way the campaign will stand a much better chance of actually accomplishing the goals that have been set forth. By presenting this new plan to the CEO it shows that you have come up with a solution to the problem and can be easily implemented in order to get back on track as fast as possible, which is what a CEO wants to hear.

5 0

2 years ago