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3 years ago

Value can be increased by increasing perceived benefits while holding price or cost constant. Question 11 options: TRUE FALSE

Business

1 answer:

skad [1K]3 years ago

7 0

Answer:

True

Explanation:

Value is the perception of the benefits or utility associated to consuming a good or a service in relation to the price of that good or service. This basically refers to consumer surplus, how much are consumers willing to pay for a good or service vs the actual cost of the good or service. If you increase the perceived benefits, then our consumers will value our goods or services more and this would increase their consumer surplus.

Consumers are the ones that ultimately will decide the value of our goods or services, and if they assign us a higher perceived value, they will be willing to pay a higher price for them.

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Topic : Payroll Please answer as soon as possible.

sashaice [31]

Answer:

1. Vera = $400

2. Colin = $780

3. Messy = $54

4. Goyoh = $5,600

Explanation:

Requirement 1 & 2

1. Vera Dunhill's gross salary - 

Hourly income = $10

As she has worked 40 hours for the current week, the gross salary is as follows -

Weekly Income (Gross Salary) = Number of hours worked × Hourly Income

Weekly Income (Gross Salary) = 40 hours × $10 = $400.

2. Colin George's Gross Salary -

Hourly Income = $15

Overtime hourly rate = $15 × 1.5 (for first 4 additional hours) = $22.5

Overtime hourly rate = $15 × 2 (for further additional hours after 4 additional hours) = $30.

As Colin has worked for 47 hours, his gross salary is =

($15 × 40 hours) + ($22.5 × 4 hours) + ($30 × 3 hours)

= $780

Requirement 3 & 4

3. Messy's gross salary -

Peeling guavas at $2 per kilogram. As the Messy has peeled 27 kilogram guavas, his gross salary = $2 × 27 kilogram = $54

4. Goyoh's gross salary -

Basic Salary = $800

Commission = 4% of sales

Current year's sales = $120,000

It means, he will receive the basic salary and commission on sales as a gross salary.

Therefore, Gross Salary = $800 + ($120,000 × 4%)

Gross Salary = $800 + $4,800

Gross Salary = $5,600

For the job purpose, he will receive the basic salary and for the performance purpose, he will receive the commission as well.

4 0

3 years ago

psc 41 Assuming that the claim is correct - that a large vocabulary is associated to a large income - generate an alternate expl

Hitman42 [59]

Answer:

Lower-income people can have a large vocabulary as well, because of a variety of circumstances. To list a few:

The low-income person may have a job that includes a constant contact with highly-educated people.

The low-income person may himself be a well-educated person who holds a job that does not pay a lot, for example: librarian, or social worker.

The low-income person may live in an area with a great degree of demographic diversity, and even by fluent in several languages because of that. This is common in merchants, who may own a small business that only pays enough to survive, but who have a great degree of contact with many sorts of people.

5 0

3 years ago

You could spend four years studying at the world's best university, but you would have to keep your attendance there a secret. O

horrorfan [7]

Answer:

The best future earnings outcome would come from getting the official degree even if you do not attend any classes.

In the labor market, a degree from the world's best university holds great prestige and increases enormously the possibilities of being hired to high-paying jobs. However, you should make sure that you actually take the courses that you are supposed to have learned while "attending".

The other option is worse because while you would easily be able to demonstrate knowledge and competence, few companies would even consider to hire you if you do not hold a degree.

6 0

3 years ago

On January 1, Kirk Corporation had total assets of $425,000. During the month, the following activities occurred: Kirk Corporati

nadya68 [22]

Answer:

$428,000

Explanation:

The only movement that impact the total assets it's:

Kirk Corporation acquired equipment costing $3,000, promising to pay cash for it in 60 days.

Due to the equipment was finance by the supplier by 60 days it has a positive impact on assets and liabilities.

The others transactions:

Kirk Corporation purchased $1,750 of supplies for cash, it has no impact because the supplies was paid with cash, so the impact on assets is zero.
The land had cost $7,500 and it was sold for $7,500 cash. The land it's a long term assets that was sold for cash, so it was converted to current assets in money.
Kirk Corporation signed an agreement, the impact it's in the next month, so it has no impact the current month analized.

3 0

3 years ago

Suppose Cute Camel Woodcraft Company is evaluating a proposed capital budgeting project (project Alpha) that will require an ini

UNO [17]

Answer:

$996,267.41

Explanation:

The Net Present Value of Alpha`s project can be determined by using the CFj Function of a Financial Calculator as follows :

- $400,000 CF0

$325,000 CF1

$500,000 CF2

$400,000 CF3

$475,000 CF4

I/YR = 8%

Then, SHIFT NPV gives $996,267.41

Thus, Alpha's net present value (NPV) is $996,267.41.

8 0

2 years ago