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2 years ago

When might adding an additional employee be bad for a small business?

Business

1 answer:

Anarel [89]2 years ago

3 0

Answer:

If the demand for the product or services goes down

Explanation:

A reduction in demand for a good or service results in a decline in its price. As per the law of supply and demand, a decline in demand while holding other factors constant pushing the equilibrium price down. Reduced prices mean that the revenues obtained from the sales of the product or service will decline.

Hiring an extra worker when the demand is low will lead to losses. Low demand causes low prices, which implies that the cost of the new employee will be greater than the benefits obtained from the worker. A reduction in prices will mean that the marginal product of labor will be lower than the cost of labor.

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Ron and Amie invested $5,000 in an educational savings account for their daughter when she was born. They were unable to ever ad

galina1969 [7]

Answer:

$R=8.333%$ %

Explanation:

Given, $Invested$ $amount$ $=$ $Principal=P=\$ 5000$

$Return$ $amount$ $=$ $Amount=A=\$ 10000$

$Rate=R%$ %

$Time=T=12years$

Solution,

$Simple$ $interest$ $=S.I$ $=P\times R\times T/100$

$S.I=\$ 10000-\$ 5000$

$S.I=\$ 5000$

$5000=P\times R\times T/100$

$5000=5000\times R\times 12/100$

$5000\times 100/5000=R\times 12$

$R=100/12$

$R=8.333%$ %

4 0

3 years ago

A manufacturer of tiling grout has supplied the following data: Kilograms produced and sold 420,000 Sales revenue $ 1,890,000 Va

kkurt [141]

Answer:

31.79%

Explanation:

Kilograms produced and sold = 420,000

Sales revenue = $ 1,890,000

Variable manufacturing expense = $ 948,000

Fixed manufacturing expense = $ 242,000

Variable selling and administrative expense = $ 341,000

Fixed selling and administrative expense = $ 208,000

Net operating income = $ 151,000

Total variable cost:

= Variable manufacturing expense + Variable selling and administrative expense

= $ 948,000 + $ 341,000

= $1,289,000

Contribution margin:

= Sales - Total variable cost

= $ 1,890,000 - $1,289,000

= $601,000

Contribution margin ratio:

= (Contribution ÷ sales) × 100

= ($601,000 ÷ $1,890,000) × 100

= 0.3179 × 100

= 31.79%

6 0

3 years ago

A. Macarty Company's records indicate the following information for the year: Merchandise inventory, 1/1 $ 550,000 Purchases 2,2

cestrela7 [59]

Answer:

add all them and there u go

Explanation: so add 550,000 -2,50,000 + 3,100,000+600,000 -30% hope that helps

8 0

3 years ago

Isabelle, customer relations manager at future tools, inc., must inform her clients of a 25 percent price increase for all servi

Art [367]

In doing so, she should be sure to emphasize clients' options for saving money, such as bundling services or choosing less <span>comprehensive plans.
Telling this options will reduce the chance of that customer to stop using the service and move out to another competitor. Providing saving money options will give a reward for customers who are loyal to the company and make them feel valued.</span>

7 0

2 years ago

During 2019, Dowdy, a C corporation, realized a long-term capital gain of $8,000 from the sale of a tract of land, a short-term

postnew [5]

Answer:

The answer to the following question is $4000.

Explanation:

Dowdy which is a C corporation, has a total of $14,000 in capital gain, in which $8000 comes from sale of tract land and rest of $6000 comes from sale of stock. And the company also has a capital loss of $18,000. So here the company is having a long term capital loss of $4000 ( $18,000 - $14,000 ), and this C corporation can deduct this long term capital loss from their taxable income ( the year in which loss was incurred ) . If in a situation, loss is not deducted from this year , then it can be carried 3 years or 2 years or even 1 years back and if there is capital gain , it can be deducted from it.

8 0

3 years ago