Answer:
Individual firms and workers are wage takers because they cannot exert any control over the market wage rate.
Explanation:
Remember, a labor market shows the availability of employment and labor, in terms of their supply and demand.
This scenario occurs in a purely competitive labor market.
In this market there many qualified workers with identical skills; meaning the workers share similar skills while the demand for such skills is high because of their importance to firms.
Answer:
a. Ratio of fixed assets to long-term liabilities
= <u>Fixed assets </u> x 100
Long-term liabilities
= <u>$3,200,000</u> x 100
$2,000,000
= 160%
b. Ratio of liabilities to shareholders' equity
= <u>Total liabilities</u> x 100
Shareholders' equity
= <u>$3,000,000</u> x 100
$5,000,000
= 60%
c. Asset turnover
= <u>Sales</u>
Total assets
= <u>$18,750,000</u>
$7,000,000
= 3 times
d. Return on total assets
= <u>Net income</u> x 100
Total assets
= $930,000 x 100
$7,000,000
= 13.29%
Explanation:
The ratio of fixed assets to long term liabilities equals fixed assets divided by long-term liabilities multiplied by 100.
Ratio of liabilities to stockholders' equity equals total liabilities divided by total stockholders' equity multiplied by 100. The total liability is equal to current liabilities plus long-term liabilities.
Asset turnover equals sales divided by total assets.
Return on total assets equals net income divided by total assets multiplied by 100.
Answer:
$2,319,000
Explanation:
Amount
March1 $1,884,000
June 1 $1,284,000
Dec 31 $3,082,450
Capitalization period
March1
10/12×$1,884,000 =$1,570,000
June 1
7/12 $1,284,000=$749,000
Dec 31
0
Weighted Average Accumulated expenditure
March 1 $1,570,000
June1 $749,000
Dec 31 $0
Total $2,319,000
Answer:
Multiple choice organizations can use socialisation tactics to promote ethical behavior.
Explanation:
Among the options enlisted, using socialisation tactics to promote ethical behavior is the most correct as a basis for establishing organizational socialization research.
Organizational socialization basically involves the procedures an organization and/or individual undergo to acquire necessary skills, attitudes, right conducts and behaviors to become in order to become more productive. Going by the foregoing, it can be established that the singular objective of organizational socialization is on how an organization will be the best of itself ethically and/or otherwise. The procedures ensure an all rounded look into organizational and/or individuals experience from the kick off to the eventual exit. The socialization aspect is critical as organization well being is a function of how ethically and morally sound the environment.
Hence, promoting ethical behavior using multiple choice organizations is the most critical and true about applying organization socialization research.
Answer: Radial Autos should pursue Backward Integration.
Explanation: Backward integration is the process in which a company purchases or internally produces segments of its own supply chain. Simply put, it is when a company acquires and controls certain inputs that could be utilized in the process of manufacturing its products or services.
This is a competitive strategy, because it lowers the cost of production and this will reflect in the price of the final product.
This is the strategy that Radial Autos should pursue in order to lower cost and reduce risk in interruption of the supply component, because in adopting this strategy, they will have total control over the inputs they use in production.
