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nignag [31]
2 years ago
13

Which choice BEST describes what might happen to unemployment rates, if minimum wage laws were repealed?

Business
2 answers:
Ivenika [448]2 years ago
8 0

Answer:

the short term, unemployment rates would drop drastically.

Flauer [41]2 years ago
7 0

Answer:

In the short term unemployment rates would depend on other market factors

Explanation:

when minimum wage laws are made in congress and they are repealed by the people. it means that the status quo based on minimum wage will be maintained. the people already in the labor market will as well remain in labor market.

The repealing of the minimum wage laws by the people would affect the employers of labor either positively or negatively because the minimum wage law might be for an increase or a decrease of the minimum wage been paid by labor. hence you cannot determine how exactly the employers of labor would react to employment and unemployment hence in the short terms unemployment rates would depend on other market factors.

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A leveraged buyout refers to a(n): a. restructuring action whereby a party buys all of the assets of a business, financed largel
Alexxx [7]

Answer:

a. restructuring action whereby a party buys all of the assets of a business, financed largely with debt, and takes the firm private

Explanation:

In a leveraged buyout, a firm is acquired using debt. The assets of the company are usually used as a collateral for the loans used a leverage buyout.

I hope my answer helps you

4 0
3 years ago
On December 15, 2018, the board of directors of Lomas Corporation declared a cash dividend, payable on January 8, 2019 of $0.80
Tom [10]

Answer: decrease retained earnings $1.60 million and increase liabilities by $1.60 million.

Explanation:

The dividend on common shares will be:

=2,000,000 × $0.80

=$1,600,000

Then, the journal entry will be:

Debit: Retained earnings $1.6 million

Credit: Dividend payable $1.6 million

The answer will be to decrease retained earnings $1.60 million and then increase liabilities by $1.60 million.

7 0
2 years ago
Assume that you are a vending machine dealer. You plan to purchase a vending machine for $200,000. One year later, you are expec
stepladder [879]

Answer:

1) 22%

2) YES as the return in the investment is 12% while the average cost of capital in this case; is of 8% hence there is a gain above the minimum accepted return.

Explanation:

-200,000 + \frac{224,000}{1+ IRR}  = 0

IRR = 12%

weighted-average cost of capital:

DEBT      80,000 x 5%   =   4,000

EQUITY 120,000 x 10% =<u> 12,000</u>

VALUE  200,000             16,000

16,000 / 200,000 = 8%

4 0
3 years ago
Every morning before the start of the​ shift, tom and his automotive service team at a large auto dealership have a​ five-minute
Furkat [3]
I might call this a 'bumper' or 'fender' meeting and by comparison, in mining or mineral exploration it often is centred on safety ie expected safety hazards and what precautions to take but could also be very helpful for a rough overview of the overall work for the day,
8 0
3 years ago
The process of anticipating rivals’ actions in order to both revise a firm’s plan and prepare to deal with rivals’ response is c
Fudgin [204]

Answer:

Letter c is correct. Competitor analysis

Explanation:

Competitor analysis is a vital practice for those who are starting a business and who already have a consolidated brand in the market. Conducting a competitor analysis helps you better understand the marketing landscape and understand how your organization's positioning stands with its competitors.

By evaluating competitors, it is possible for a company to find development opportunities and better understand which challenges and continuous improvements need to be implemented. Competitor analysis can be conducted through market research, press, commentary and opinions, the internet and advertising.

8 0
3 years ago
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