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3 years ago

The rising income gap among highly educated workers in the United States:_____.

Business

1 answer:

damaskus [11]3 years ago

6 0

Answer:

c. is an important feature of the increase in income inequality

Explanation:

Income inequality measures how unevenly income is distributed throughout a population.

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If the individual subsidiary ledger accounts contained the following data:__________.

NNADVOKAT [17]

Answer:

A/R, $875; A/P, $575

Explanation:

The accounts receivable account is the account that records the amount from clients/customers. It is an asset account. The account payable is a liability account used to record amounts payable to vendors.

As such,

Accounts receivable (A/R) control account balance = $750 + $125 = $875

Accounts payable (A/P) control account balance = $200 + $375 = $575

7 0

3 years ago

A manufacturer can produce at most 140 units of a certain product each year. The demand equation for the product is pequalsq squ

Leokris [45]

Answer:

As it can sale up to 140 it should sale 140 units

Explanation:

P = Q^2 - 100Q + 4800

C = 2/3Q^2 -30Q + 15,000Q^-1

Profit per unit P - C = (1/3Q^2 -70Q + 4800 - 15000Q^-1)

Total Profit Profit per unit x Q

1/3Q^3 - 70Q^2 + 4800Q - 15000

As this is a third degree equation the profit scalates therefore the company should sale as much as possibley can to make profit

As it can sale up to 140 it should sale 140 units

Also if we try to detemrinate the point at which Marginal revenue matches Marginal cost:

Revenue

P x Q = (Q^2 - 100Q + 4800) x Q = Q^3 - 100Q^2 + 4800Q

marginal Revenue (slope of the revenue funciton)

3Q^2-200Q+4,800

Cost

C x Q = (2/3Q^2 -30Q + 15,000Q^-1)* Q = 2/3Q^3 -30Q^2 + 15,000

Marginal Cost (slope of the cost function)

2Q^2 - 60Q

Marginal Revenue = Marginal Cost

3Q^2-200Q+4,800 = 2Q^2 - 60Q

Q^2 -140Q + 4800 = 0

When solving with the quadratic formula for the root (profit maximization point we notice the isn't a solution thus It cannot be solved which enhance the previous point that there isn't a profit maximization point in this assignment.

6 0

3 years ago

Karen Price has determined that her net worth is $56,000, excluding her home. She owes $80,000 on her mortgage and $13,000 on a

Rus_ich [418]

Answer:

Explanation:

Net worth is the difference between a person's (assets - liabilities)

Based on the balance sheet equation; Assets = Liabilities + Equity , meaning that Assets - Liabilities = Equity .

With the above two equations, Net worth = Equity = $56,000

Debt-to- Equity ratio = Debt/ Equity

<em>Note: $80,000 mortgage will not be included as debt to avoid double counting error since it is is a pay towards a home(asset) already incorporated in the $56,000 net worth.</em>

So, D/E = 13,000 / 56,000

D/E = 0.2321

8 0

4 years ago

In which of the following market structures is a firm the single buyer of labor in its related market? Monopoly Perfect competit

castortr0y [4]

Answer:

MONOPSONY

Explanation:

Monopsony is a labour market form where a firm is a singe buyer of a kind of labour services. Eg : Primary or only supplier of a kind of job in an area. These are at a priviliged position - wage setting power, more bargaining power with labourers (for wages , employment terms & conditions).

Monopoly is a commodity market structure where firm is the only seller of that good/service, with no close substitutes. Eg - Indian Railways. Perfect Competition is a also a commodity market structure with many buyers & sellers selling homogeneous products at uniform prices.

4 0

3 years ago

BR Company has a contribution margin of 18%. Sales are $447,000, net operating income is $80,460, and average operating assets a

Lilit [14]

Answer:

return on investment = 60.50 %

Explanation:

given data

contribution margin = 18%

Sales = $447,000

net operating income = $80,460

average operating assets = $133,000

to find out

company's return on investment (ROI)

solution

we know that return on investment formula that is express as

return on investment = $\frac{net \ operating \ income}{average \ operating \ assets}$ .........................1

put here value we get

return on investment = $\frac{$80,460}{$133,000}$

return on investment = 0.604962

return on investment = 60.50 %

4 0

3 years ago