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Svetach [21]
4 years ago
12

Seamstresses at Rear Gear, a large maker of backpacks, have become more productive due to the firm’s recent purchase of new sewi

ng machines. Because Rear Gear is a profit-maximizing firm, it will:
Business
1 answer:
maksim [4K]4 years ago
4 0

Answer:

Hire more labor and increase the output.

Explanation:

Because Rear Gear is a profit-maximizing firm, it will  hire more labor and increase the output.

This is because, when the firm has purchased a new sewing machine, they need to produce more in order to capture the fixed cost of production (i.e. cost of sewing machine). In order to do so, they need to hire more workers or labour to increase the total output.

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Suppose the population is 300 million​ people, the labor force is 200 million​ people, the number of people employed is 185​ mil
stiks02 [169]

Answer:

7.5%

Explanation:

The formula to compute the unemployment rate is shown below:

Unemployment rate = (Number of Unemployed workers) ÷ (Total labor force) × 100

where,

Number of people employed is 185 million

And, the labor force is 200 million

So in order to find out the unemployment rate, we subtract it by 1

= 1 - ($185 million ÷ $200 million)

= 1 - 0.925 million

= 7.5%

3 0
4 years ago
After alistair earned his ba, he had to decide whether to accept the offer of a job that will pay him $45,000 per year or spend
guapka [62]

Answer:

$77,500

Explanation:

The computation of the annual opportunity cost of earning his mba is shown below:

= Cost of the job + cost of other expenses + the interest earned per year

= $45,000 + $22,000 + $500

= $77,500

In order to determine we added the cost of the job, cost of other expenses, and the interest earned per year so that the annual opportunity cost could arrive

8 0
3 years ago
parrker Sportswear is an MNE with retail stores around the world. Parker views itself as a collection of relatively independent
Dmitriy789 [7]

Answer:

Multi-domestic

Explanation:

Multi-domestic strategy is a marketing approach in which an organization focuses all its campaigns and advertising mediums to a local market instead of a more global or international market.

A multi-domestic strategy is utilized by various organisation to make their products respond quickly to local needs.

This strategy boost the business rate of competition in the local market, it also tends to increase the amount of their shares in the local market.

A major disadvantage of this strategy is that it requires a lot of money.

3 0
3 years ago
Selecting a sample of paid notes and tracing interest to the general ledger account is a test of the PCAOB assertion for
Sphinxa [80]

Answer:

C.completeness

Explanation:

Occurrence means transactions and events that have been recorded or disclosed have  occurred and relate to the entity.Existence means whether or not accounts balances and related disclosures related Assets, liabilities and equity interests exist in the financial statements.

Completeness means there are no unrecorded transactions, events and disclosures and all transactions that have occurred has been included in the general ledger/financial statements

Valuation or  allocation means that assets, liabilities and equity interests are included in  the financial statements at appropriate amounts and any resulting valuation or allocation  adjustments are appropriately recorded and related disclosures have been appropriately  measured and described.

In this question, interest on sample of paid notes have been traced to the general ledger account, to check that whether the interest on the selected sample has been included in the general ledger and financial statements.Thus the answer shall be C.completeness

3 0
4 years ago
Simpkins Corporation does not pay any dividends because it is expanding rapidly and needs to retain all of its earnings. However
madreJ [45]

Answer:

Answer is $50.94 or $50.9

Explanation:

The present value of a stock along with the continuous growth is one of the formulas that are being used in the dividend discount model, particularly as it relates to stocks that the speculation assumes will increase perpetually.

Please find the detailed answer as follows:

Current Value

= 1.25/(1+.12)^3 + 1.25*(1+75%)/(1+.12)^4 + 1.25*(1+75%)^2/(1+.12)^5 + 1.25*(1+75%)^2*(1+7%)/(1+.12)^5*(12%-7%) = $50.94 or $50.9

Answer is $50.94 or $50.9

Thanks.

6 0
3 years ago
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