<span>Of the company xyzxyz increased it's variable expenses during the current year, that means it spent more money to operate the business, even though fixed expenses remained the same. As a result, unless the company had more revenue, there has to be less profit.</span>
Answer:
19%
Explanation:
Calculation for what The internal rate of return on the investment in the tractor-trailer is closest to
First step is to calculate Factor of the internal rate of return (IRR)
using this formula
Factor of the internal rate of return(IRR)= Cost ÷ Additional Net annual cash inflow
Let plug in the formula
Factor of the internal rate of return(IRR)= $281,656 ÷ $76,000
Factor of the internal rate of return(IRR)= 3.706
Now let determine The internal rate of return on the investment
Based on the above calculation since Factor of the internal rate of return(IRR) for 7 years is 3.706 which means that the internal rate of return (IRR) will be 19%.
Or
The internal rate of return on the investment can also be calculated using below Excel formula
=RATE(7,$76,000,-$281,656)
IRR=19%
The internal rate of return on the investment in the tractor-trailer is closest to 19%
Answer:
b) Paying higher wages can reduce a firm's training costs.
c) Paying higher wages encourages workers to be more productive.
d) Higher wages attract a more competent pool of workers.
Explanation:
Firms will hire more labor when the marginal revenue product of labor is greater than the wage rate, and stop hiring as soon as the two values are equal. The point at which the MRPL equals the prevailing wage rate is the labor market equilibrium.
The idea of the efficiency wage theory is that increasing wages can lead to increased labour productivity because workers feel more motivated to work with higher pay. Paying higher wages encourages workers to be more productive. Higher wages attract a more competent pool of workers. Workers stay with employers longer (instead of seeking out better-paying work with other companies) reducing businesses’ turnover, hiring, and training costs.
While traveling to Europe, Phelan exchanged 250 US dollars for euros. He spent 150 euros on his trip. After returning to the United States he converts his money back to US dollars. How much of the original 250 US dollars does Phelan now have?
1 European euro = 1.3687 US dollars
44.70 US dollars
73.06 US dollars
136.87 US dollars
140.41 US dollars
Answer:
d. $141,000
Explanation:
As the following information is given
Purchase of raw material = $165,000
Beginning Raw material balance = $22,000
Completed direct material = $141,000
Completed indirect material = $13,000
Since the work in progress includes only direct material i.e $141,000 as indirect material is allocated to the overhead account. Therefore, only $141,000 of raw material is transferred to work in process account
So other information which is mentioned is ignored
