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Tju [1.3M]
3 years ago
10

In Kravonia, the average salary for jobs requiring a college degree has always been higher than the average salary for jobs that

do not require a degree. Over the last few years, the number of Kravonians enrolled in college has been growing steadily. Therefore, the number of Kravonians entering the job market who have at least the qualification of a college degree will eventually be significantly higher than it has been over the last few years.
Which of the following, if true, most seriously weakens the argument?

(A) Kravonians with more than one college degree earn little more, on average, than do Kravonians with only one college degree

(B) The average number of years Kravonian college students remain enrolled before completing a degree has been increasing over the past several years.

(C) Despite the increase in the number of Kravonians attending college, the percentage of the population attending college is lower in Kravonia than in most other countries.

(D) In recent years, employers have been requiring college degrees for workers in jobs that were previously performed successfully by Kravonians who did not have college degrees.

(E) For many years, employers in Kravonia have had difficulty finding enough college graduates to fill the high-paying jobs that were available.
Business
1 answer:
Lubov Fominskaja [6]3 years ago
7 0

The average number of years Kravonian college students remain enrolled before completing a degree has been increasing over the past several years.

Option B is correct

Explanation:

This one notes that years of enrolment for Kravonian students have been increasing over the past few years. As it has done for the last couple of years, the increase in enrolment will therefore have little effect on "Kravonians entering the labor market with a college degree."

Option A : Number of college degrees is clearly out of scope.

Option C : Percentage of population attending college in other countries is clearly out of scope.

Option D : Strengthens the argument.

Option E : Irrelevant

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Emily Corporation sells two products: hurricane lamps and flashlights. Hurricane lamps account for 70 percent of the units sold,
zmey [24]

Answer:

weighted-average contribution margin= $4.7

Explanation:

Giving the following information:

Hurricane lamps account for 70 percent of the units sold, while the flashlights account for the remaining 30 percent of unit sales. The unit sales price of the lamps is $9.00, and the unit variable cost is $4.00. The unit sales price of the flashlights is $7.00, and the unit variable cost is $3.00.

<u>To calculate the weighted-average contribution margin, we need to calculate first the weighted-average selling price and weighted average variable cost for each product.</u>

weighted average selling price= (selling price* weighted sales participation)

weighted average selling price= (0.7*9 + 0.3*7)= $8.4

weighted average variable cost= (variable cost* weighted sales participation)

weighted average variable cost= (0.7*4 + 0.3*3)= 3.7

<u>Now, we can calculate the weighted average contribution margin:</u>

weighted-average contribution margin= 8.4 - 3.7= $4.7

6 0
4 years ago
Hart Manufacturing makes three products. Each product requires manufacturing operations in three departments: A, B, and C. The l
Serjik [45]

Answer:

Objective function:

Maximize Z: 30P1 + 25P2 + 28P3

Subject to:   2.00P1 + 1.50P2 + 3.00P3 ≤ 450 (Department A constraint)

                    2.50P1  + 2.00P2 + P3       ≤ 350 (Department B constraint)

                    0.25P1  + 0.25P2 + 0.25P3 ≤ 50  (Department C constraint)

                           P1, P2, P3                       ≥  0 (Non-negativity)

Explanation:

The objective function is formulated from the contribution margin of the three products. For instance, the contribution of Product 1 is $30, the contribution of Product 2 is $25 and the contribution of Product 3 is $28. Thus, the objective function will be 30P1 + 25P2 + 28P3.

The constraints were obtained from the departmental labour hours requirements for each product. For instance, Product 1 requires 2 hours in department A, Product 2 requires 1.50 hours in department A and Product 3 requires 3 hours in Department A. Thus, the constraint will be 2.00P1 + 1.50P2 + 3.00P3.

8 0
3 years ago
"A broker-dealer who acted as financial advisor to a municipality in structuring a new issue now wishes to act as underwriter in
maxonik [38]

Answer:

B. The financial advisor is prohibited from acting as the underwriter

Explanation:

As per the rule of the Municipal Securities Rulemaking Board, the financial advisor cannot be the underwriter.

The financial advisor for a  municipality is paying the advisory fee for assisting the structure of the municipality in order to the issuance of the new bond so that the less interest cost to be paid.

But in the case of the underwriter, it contains high rate of interest as it is very easiest way for selling

So through this, the conflict arises between these two parties

Therefore option B is correct

3 0
3 years ago
Tangshan Industries has issued a bond which has a​ $1,000 par value and a 15 percent annual coupon interest rate. The bond will
mina [271]

Answer:

B. 10.79 percent

Explanation:

yield to maturity = [150 + (1250 - 1000/10)]/[(1250 + 1000/2)]

                            = 10.79%  

Therefore, The yield to maturity on the Tangshan Industries bond is 10.79%

6 0
4 years ago
Tri Fecta, a partnership, had revenues of $362,000 in its first year of operations. The partnership has not collected on $46,400
OverLord2011 [107]

Answer:  $185,500

Explanation:

Total cash received = Sales revenue - Accounts receivable + owner's investment + amount borrowed

                                 = $362,000 - $46,400 + $42,000 + $30,000

                                 = $387,600

Total cash disbursement = Merchandise purchased - Accounts payable + Salaries + Interest + Insurance

                                          = $200,000 - $38,600 + $28,100 + $2,700 + $9,900

                                          = $202,100

Ending cash balance = Total cash received - Total cash disbursement

                                   = $387,600 - $202,100

                                   = $185,500

8 0
3 years ago
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