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scoundrel [369]
3 years ago
15

Lai Xiaodong, a 22-year-old college-educated man, accepted a job at Foxconn Technology (where the iPad was being produced for Ap

ple) in Chengdu, China, for $22 a day at 12 hours a day, 6 days a week. What were Lai’s hourly, weekly, and annual gross pay?
Business
1 answer:
Rudik [331]3 years ago
4 0

Answer:

$1.83 per hour

$132 per week

$6,864 per year

Explanation:

Hourly Pay rate is the rate of pay someone receives measured on hourly basis.

Hourly rate = Daily rate / number of hours = $22 / 12 hours = $1.83 per hour

Weekly Pay rate is the rate of pay someone receives measured on Weekly basis.

Weekly rate = Daily rate x Number of working days in a week = $22 x 6 = $132 per week

Annual Pay rate is the rate of pay someone receives measured on Annual basis.

Annual rate = Daily rate x days in the week x week in the year = $22 x 6 days x 52 weeks = $6,864

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You own 25 percent of Unique Vacations, Inc. You have decided to retire and want to sell your shares in this closely held, all-e
Akimi4 [234]

Answer:

$6 million

Explanation:

If 25% of the firm is worth $1.5 million, then 100% of the firm will be worth $6 million (= $1.5 million x 4).

This is an all equity firm, which means it has no liabilities, and it is also a closely held corporation which makes it harder for a stockholder to sell his/her shares. Basically the fair value of the 1,000 shares is the money you can get from your fellow shareholders.

3 0
3 years ago
Zirconia Fantasy sells only necklaces. 8 comma 000 units were sold resulting in $ 240 comma 000 of sales​ revenue, $ 60 comma 00
Naya [18.7K]

Answer:

$66,667

Explanation:

Contribution margin = Sales Revenue - Variable cost = 240000-60000 = 180000

Percentage of contribution margin = Contribution margin / sales revenue = 180000 / 240000 = 75%

Breakevent point in total sales = Fixed costs / Percentage of contribution margin

= 50000/0.75 = $66,667

3 0
3 years ago
in supply chain The competitive characteristics that persuade a customer to choose one company's products over those of another
Stella [2.4K]

Answer:

correct answer is Order winner

Explanation:

in the supply chain, every firm want more profit  

for more profit, they want  increase their supply chain and sell more product  

so in this competitive characteristics customer choose 1 company product over another company with their attractive offers  

so as that order winder is special products and service that attribute desire from the customers that enable the company to win by beating competition in the market  

so correct answer is Order winner

7 0
3 years ago
A higher earnings per share (eps) does not necessarily translate into a higher stock price
nikdorinn [45]
This doesn't seem to be a question, but rather, a statement.
4 0
3 years ago
Is the futures price of a stock index greater than or less than the expected future value of the index? Explain your answer.
stepan [7]

Answer:

It can be greater as well as less.

Explanation:

1st of all we should know what is Future Price and what is Stock Index.

The futures price can be more or less that the predicted fee.

When futures costs are lower than predicted price spot fees, the situation is known as normal backwardation.

When futures prices are higher than anticipated spot charges, it is called normal contango

8 0
3 years ago
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