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Aliun [14]
3 years ago
14

Some proponents of labor law reform believe that

Business
1 answer:
worty [1.4K]3 years ago
6 0

Answer:

Some proponents of labor law reform believe that: D. All of the above.

Explanation:

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A business rents bicycles and in-line skates. Bicycle rentals cost $25 per day, and in-line skate rentals cost $20 per day. The
Alja [10]

Answer:

a.

25 b+20 s=455...equation 1

b+s=20...equation 2, where b and s are the number of bicycle and in-line skate rentals per day.

b. The business had 11 bicycle rentals and 9 in-line skate rentals.

Explanation:

a.

<em>Step 1: Determine an equation for total revenue today</em>

Since the business rents bicycles and in-line skates, the total revenue will be as a result of amount received in revenue from renting the bicycles and in-line skates. This can be expressed as shown;

T=(B×b)+(S×s)

where;

T=total revenue

B=bicycle rental cost per day

b=number of bicycles

S=in-line skate rental cost per day

s=number of in-line skates

In our case;

T=$455

B=$25 per day

b=unknown

S=$20 per day

s=unknown

Replacing;

(25×b)+(20×s)=455

25 b+20 s=455...equation 1

<em>Step 2: Determine an equation for total rentals today</em>

The equation for the total number of rentals is;

R=b+s

where;

R=total number of rentals today

b=number of bicycles

s=number of in-line skates

In our case;

R=20

b=unknown

s=unknown

Replacing;

b+s=20...equation 2

b.

<em>Step 3: Combine equation 1 and 2 ans solve simultaneously</em>

1(25 b+20 s=455), multiplying equation 1 by 1=25 b+20 s=455

     20(b+s=20), multiply equation 2 by 20=20 b+20 s=400

25 b+20 s=455

-

20 b+20 s=400

5 b+0 s=55

(5 b)/5=55/5=11

b=11, replace the value for b in equation 2 and solve;

(20×11)+20 s=400

220+20 s=400

20 s=400-220=180

20 s=180

s=(180/20)=9

The business had 11 bicycle rentals and 9 in-line skate rentals.

8 0
3 years ago
Which of the following statements is false regarding audit reporting?
Mnenie [13.5K]

Answer:

None      

Explanation:

In simple words, audit reporting or auditing refers to the process under which an independent third part, licensed by the regulatory body, examines the financial statements of an organisation to check if such statements depicts fair information and are made as per the regulatory standards.

The auditor if satisfied gives the positive assurance and if not then he or she can ask for further information or can directly report the statements to the regulatory bodies.

8 0
3 years ago
Glenn and Maggie own a regional chain of juice bars and are looking to expand in the coming year. They already have fifty shops,
Studentka2010 [4]

Answer:

a commercial bank

Explanation:

A commercial bank is a deposit accepting institutions regulated by the central bank of a country. The banks play a crucial role in availing capital to businesses. They accept deposits in the form of savings from customers. They keep a small fraction(reserves) in their custody to cater for withdrawal and loan out the rest. Banks, therefore, pool resources together for businesses and households to borrow.

Since banks have a wide customer base, they are able to mobilize huge amounts of resources to loan out. Commercial banks are the best institution to issue a loan to Glenn and Maggie. Saving and loan, credit unions have a limited membership and may not have sufficient resources to issue a loan to Glenn and Maggie.

5 0
2 years ago
Read 2 more answers
Neosho Corporation's Gauge Division manufactures and sells product no. 24, which is used in refrigeration systems. Per-unit vari
tester [92]

Answer:

(a) Refrigeration would be willing to pay a maximum of Rate 36 to gauge division for unit. because its outside purchase price.  (b) $30  (c) $40  (d) $35

Explanation:

Solution

Given that:

(A)  The Refrigeration would be willing to pay a maximum of Rate 36 to gauge division for unit. because its outside purchase price.

(B) If Gauge had excess capacity, The Division's Management set the transfer price would be $30. this is because transfer price be set as sum of Total Outlay cost and Opportunity Cost. So, ($23 + $7) + $0 = $30

(C) iF Gauge had no excess capacity, the transfer price would be $40.

The Calculation of Transfer price is as follows:

($23 + $7) = $30

Add :- ($40 - $23 -$7) = $10

Hence, the transfer Price = $40

(D) If Gauge was able to reduce the variable cost of internal transfers b $5 per unit then Transfer Price Would be $35.

Thus,

The calculation of transfer price is as follows:-

($23 + $7 - $5) = $25

Add :- ($40 - $23 -$7) = $10

The transfer Price = $35

7 0
3 years ago
Your landscaping company can lease a truck for $8,700 a year (paid at year-end) for 7 years. It can instead buy the truck for $4
rosijanka [135]

Answer:

A. $45,295.419

B.Cheaper to LEASE

C.$48,919.0525

D. Cheaper to BUY

Explanation:

a. Calculation for the present value of the cost of leasing

Present value=8,700/8%*(1-1/1.08^7)

Present value=8,700/0.08*0.41650960

Present value=108,750*0.41650960

Present value=$45,295.419

Therefore the present value of the cost of leasing will be $45,295.419.

b. Based on the above calculation it cheaper to LEASE than to buy

c. Calculation for the present value of the cost of leasing if the lease payments are an annuity

Present value =8,700/8%*(1-1/1.08^7)*1.08

Present value=8,700/0.08%*(1-1/1.08^7)*1.08

Present value=8,700/0.08%*0.41650960*1.08

Present value=108,750*0.41650960*1.08

Present value=$48,919.0525

Therefore the present value of the cost of leasing if the lease payments are an annuity due will be $48,919.0525.

D. Based on the above calculation it is Cheaper to BUY than to lease.

3 0
3 years ago
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