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3 years ago

A midyear burst of minimum-wage increases starts on July 1

Business

1 answer:

Vesnalui [34]3 years ago

6 0

Answer: B. decreases aggregate supply because firms' costs increase

Explanation:

The rise in the the minimum wage rate raise the production cost .

This tends to shift the aggregate supply curve leftwards because the profit margins of firm will decrease and that tends to decrease the production.( at each unite of production.)

Hence, the rise in the minimum wage decreases aggregate supply because firms' costs increase .

Therefore , the correct option is 'B'.

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The _____ is the value of the inputs you provide divided by the value of the outcomes you receive in the exchange relationship.

Sav [38]

Answer:

d. input/outcome ratio

Explanation:

These are options for the question

a. input ratio

b. output ratio

c. outcome/input ratio

d. input/outcome ratio

e. manager/employee ratio

Exchange relationship which is opposite of communal relationship can be described as benefit relationship in which you provide a benefit in expectation of equivalent benefit return in future time.

It should be noted that input/outcome ratio is used in the calculation of exchange relationship you received.

Which is the value of the inputs you provide per the value of the outcomes been received

8 0

3 years ago

The Shoe Outlet has paid annual dividends of $.58, $.66, $.72, and $.75 per share over the last four years, respectively. The st

DiKsa [7]

Answer:

A). 17.13 %

Explanation:

Given that,

Annual Dividend for the first year = $.58,

Annual Dividend for the second year = $.66

Annual Dividend for the third year = $.72

Annual Dividend for the fourth year = $.75

The current price per share = $10.08

To find;

The cost of equity = ?

Procedure:

(0.66 - 0.58)/0.58 = 0.137931034

(0.72 - 0.66)/0.66 = 0. 0909090909

(0.75 - 0.72)/0.72 = 0.0416666667

g = (0.137931034 + 0. 0909090909 + 0.0416666667)/3

= 0.0901689305

$R_{e}$ = {(0.75 * 1.0901689305)/10.08} + 0.0901689305

= 0.17128269

∵ 17.13% is the cost of equity.

6 0

3 years ago

PLEASE HELP

Vlad1618 [11]

Answer:

franchises

Explanation:

A franchise is a business model where the franchisee acquires the right to a business logo, name, and model from the franchisor. The franchisor is usually an established, successful, and popular business. The franchisee gets a license to operate an independent outlet that is similar in all aspects to the franchisor's business.

The franchise business takes advantage of the franchisor brand name popularity to acquire customers and thereby increase its chances to succeed. Mcdonald and Starbucks are examples of popular franchise businesses. This business model applies to all industries. Restaurants, Gas stations, Pharmaceuticals, and other retail outlets ave embraced the franchising business model.

6 0

3 years ago

Read 2 more answers

When dave, a restaurant owner, had his seafood business destroyed by hurricane katrina, he believed that he was in control of hi

Luden [163]

Dave is an individual with an "Internal locus of control".

Locus of control is a person's belief system with respect to the reasons for his or her encounters and the components to which that individual characteristics achievement or disappointment.

In the event that a man has an internal locus of control, that individual credits accomplishment to his or her own endeavors and capacities. A man who hopes to succeed will be more roused and more inclined to learn.

Psychological research has discovered that individuals with a more internal locus of control appear to be in an ideal situation, e.g. they have a tendency to be greater accomplishment situated and show signs of improvement paying employments.

7 0

3 years ago

Lansbury Inc. had the following balance sheet at December 31, 2019.

timofeeve [1]

Answer:

See explanation

Explanation:

Requirement A

See the image Below:

Requirement B

LANSBURY INC.

BALANCE SHEET

As at December 31, 2020

Assets

Cash $37,000

Accounts receivable $41,600

Investment $20,400 (Note - 1)

Plant asset $81,000

Less: Accumulated depreciation ($11,000)

Book value of Plant asset $70,000

Land $53,000

Total assets $222,000

Liabilities and Stockholders' Equity

Liabilities

Accounts payable $30,000

Notes payable $25,000

Total liabilities $55,000

Stockholders' Equity

Common Stock $120,000

Retained earnings $ 47,000 (Note - 2)

Total stockholders' equity = $167,000

Total liabilities & Stockholders' Equity = $222,000

Note - 1:

Sold investment's cost value calculation -

Selling price = $15,000

Less: Gain on sale = ($3,400)

Cost price = $11,600

Investment during 2019 = $32,000

Sale of Investment (book value) $11,600

Remaining value of Investment = $20,400

Note - 2:

Beginning $23,200

Add: Net Income $32,000

Less: Dividend ($8,200)

Ending retained earnings = $47,000

Requirement C

1. Cash flow to net income ratio:

It shows how much cash flows from operating activities during the year over a specific net income.

We know, Cash flow to net income ratio = $\frac{Cash flow from operating activities}{Net Income}$

Cash flow to net income ratio = $\frac{19,200}{32,000}$

Cash flow to net income ratio = 60%

2. Operating cash flow ratio:

It shows how much cash flows from operating activities during the year from the use of current liabilities.

We know, Operating Cash flow ratio = $\frac{Cash flow from operating activities}{Current liabilities}$

Operating Cash flow ratio = $\frac{19,200}{30,000}$

Operating Cash flow ratio = 64%

Note: Here, accounts payable is the only current liabilities as notes payable has a long-term value.

8 0

3 years ago

A midyear burst of​ minimum-wage increases starts on July 1

A midyear burst of minimum-wage increases starts on July 1