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svet-max [94.6K]
3 years ago
7

In an assembly operation at a furniture factory, 4 employees assembled an average of 600 standard dining chairs per 6-day work w

eek. What is the labor productivity of this operation
Business
1 answer:
lubasha [3.4K]3 years ago
4 0

Answer:

25 chairs per employee.

Explanation:

In this case labour productivity is the number of dining chairs per day over number of employees.

An average of 600 standard dining chairs were assembled per 6-day work week.

This means that, the number of dining chairs assembled per day is

\frac{600}{6}  = 100

The number if employees is 4.

Therefore the labour productivity of this operation is:

\frac{100}{4}  = 25

per employee.

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Vinca Inc. has paid a dividend of $1.2 a share last year. Yesterday, the firm announced that the dividend will increase by 10 pe
shtirl [24]

Answer:

option (d) $18.24

Explanation:

Data provided in the question:

Dividend paid last year = $1.2

Dividend growth rate for 3 years, g = 10%

After 3 years Dividend growth rate, g' = 4%

Required return, r = 12%

Now,

Present vale factor, PVF =  \frac{1}{(1+i)^n)}

Year       Dividend                      PVF @12%             Dividend × PVF

1            1.2(1+.10)= 1.32                0.89286                  1.1786

2            1.32(1+.10)= 1.452      0.79719                    1.1575

3            1.452(1+.10)= 1.5972      0.71178                     1.1369

3(Terminal value) 20.7636      0.71178                     14.7791

=====================================================

Current share price ∑(Dividend × PVF )                  ≈     $18.24

Note:

Terminal value at year 3 = \frac{D3(1+g')}{(r-g')}

= \frac{\$1.5972(1+0.04)}{(0.12-0.04)}

= $20.7636

Hence,

The correct answer is option (d) $18.24

5 0
3 years ago
A person's debt-to-income ratio describes.
Mamont248 [21]

Answer:

D. how much the person has borrowed compared to how much he or she earns​

Explanation:

A person's debt-to-income ratio, abbreviated as DTI, is a measure of a person's monthly debt obligation against their monthly gross income. It shows the fraction or percentage of gross income that is committed to debt repayments. Lenders use the debt-to-income ratio to assess a borrower's ability to repay future loans.

Calculating the debt-to-income ratio requires one to add up all their existing loan repayments and divide that figure with their gross income. Lenders insist on a ration that does not exceed 36% as per the 28/36 rule.

7 0
3 years ago
Read 2 more answers
On September 1, 20X1, Revsine Co. approved a plan to dispose of a segment of its business. Revsine expected that the sale would
Lady_Fox [76]

Answer:

losses from discontinued operations 395,000

Explanation:

From 1/1/20X1 to 8/31/20X1 <u>realized </u>loss 300,000

From 9/1/20X1 to 12/31/20X1  <u>realized </u>loss 200,00

<em><u>EXPECTED </u></em>Profit from 1/1/20X2 to 3/31/20X2 400,000

As the accounting carries the accrued principles Revsine's expectations aer not accrued thus, do not included until realized.

The company has losses for 500,000 with a tax-rate of 21%

This generates a tax-shield of 105,000

net of taxes: 500,000 - 105,000 = 395,000

7 0
4 years ago
Economics is hard and I need to graduate ​
AfilCa [17]
Answer: Opportunity cost
6 0
3 years ago
Find all tickers in ‘NYSE’ of the stocks whose closing price showed the highest increase between ‘3/25/2020’ and ‘3/26/2020’ in
kakasveta [241]

Answer:

Explanation:

3/25/2020 - 100 * 15= 1500

2020= Tickers in NYSE.

3/26/2020 =  1500 * 100= 150000

3 0
4 years ago
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