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Elina [12.6K]
3 years ago
5

Supermodel Linda Evangelista has been quoted as saying. "l] don't wake up for less than $20,000 a day." If Ms. Evangelista is pa

id $25,000 for her next daylong photo shoot, then 1) she is being paid $25,000 to cover her opportunity cost.2) the entire $25,000 would be considered economic rent to labor.3) she is receiving economic rent to labor equal to $5,000.4) the first $15,000 she receives is economic rent to labor and the next $5,000 is more economic rent.
Business
1 answer:
Amanda [17]3 years ago
7 0

Answer:

she is receiving economic rent to labor equal to $5,000

Explanation:

See attached file

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A company purchased 10 units for $5 on January 3. It purchased 10 units for $7 each on February 28. It sold 10 units on March 1.
NeTakaya

Answer:

The dollar amount for ending inventory using the last-in-first-out method of inventory valuation is $50

Explanation:

Using LIFO,last-in-first-out  method of inventory valuation,items received last into the store are deemed to be sold first, hence the sales of 10 units on March 1 was the inventory purchased on February 28, leaving the items of inventory purchased on January 3 as closing inventory

value of closing inventory using LIFO=10*$5=$50

3 0
3 years ago
The development of a nationwide computerized job bank listing of all job openings would be most likely to reduce: Group of answe
djyliett [7]

The development of a nationwide computerized job bank listing of all job openings would be most likely to reduce cyclical unemployment.

<h3>What is seasonal unemployment?</h3>
  • When the abilities that people in the economy have to provide and the skills that employers need from employees do not match, structural unemployment results.
<h3>What is frictional unemployment?</h3>
  • The time between quitting a job voluntarily and finding another is known as the frictional unemployment period.
<h3>What is natural unemployment?</h3>
  • The lowest rate of unemployment brought on by actual or voluntary economic forces is known as natural unemployment, or the natural rate of unemployment.
  • The number of persons experiencing natural unemployment indicates those who are jobless as a result of the structure of the labor force, such as those who have been displaced by technology or those who lack the necessary skills to find employment.
<h3>What is cyclical unemployment?</h3>
  • The portion of overall unemployment that is specifically caused by cycles of economic expansion and contraction is known as cyclical unemployment.
  • Typically, unemployment increases during economic downturns and decreases during boom times.

Therefore, the development of a nationwide computerized job bank listing of all job openings would be most likely to reduce cyclical unemployment.

Know more about unemployment here:

brainly.com/question/305041

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3 0
2 years ago
The business side of IT is very different from the business itself. T/F
krek1111 [17]

Answer: True

Explanation: The IT department of an organization is responsible for managing everything related to technological resources and would not necessarily be related to the company's own activities, but they have to work hand in hand to provide the best technological solutions.

For example: a food distribution industry, should have good resources in inventory technology, or in GPS system for transport, are technological resources but are not the same as business.

8 0
3 years ago
The fundamental facilities and systems serving a country such as transportation,communication systems, power plants, and schools
vaieri [72.5K]
They are called <span>Infrastructure.</span>
6 0
3 years ago
Read 2 more answers
In March 2012, Yoshiro Inc.. decided to retire an outstanding bond issue before maturity. The coupon rate on the bond issue was
natali 33 [55]

Answer:

  • b. Cash from Financing Activities  
  • d. Bonds Payable
  • e. Net Income

Explanation:

Bonds are a form of long term debt and in the cashflow statement this goes to the Financing section. A retirement of bonds would reduce cash and this would come from the Financing activities.

Bonds Payable will also decrease because the bond that is being retired will reduce the number of bonds payable that the company has to pay off.

Finally the Net income will reduce as well to reflect the loss on bond retirement. The bonds were issued at a discount owing to interest rates being higher than the coupon rate in 2011 but on the day the bonds were retired they were selling at a premium with interest rates at 4%. The company paid more than they received and this loss will reduce the net income.

3 0
2 years ago
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