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sineoko [7]
3 years ago
9

At his regular hourly rate, Don had estimated the labor cost of a repair job as $336 and he was paid that amount. However, the j

ob took 4 hours longer than he had estimated and, consequently, he earned $2 per hour less than his regular hourly rate, What was the time Don had estimated for the job, in hours?

Business
1 answer:
Mnenie [13.5K]3 years ago
6 0

Answer: the time is 24 hours

Explanation:

Say the regular hourly rate was $ and estimated time was  hours, then we would have:

let r = rate of doing the job

And t = time.

rt = 336

Also, ( r- 2)(t - 4) = 336

Using simultaneous equation and quadratic equation lead to t = 24 hours

Find the attached file for solution

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Answer: a. I made comparisons with others' salaries."

Explanation:

Equity theory simply refers to the principle that the actions of individuals are based on fairness and in a situation whereby there's no fairness or equity, the workers will seek to address such differences.

According to the equity theory, workers believe that everyone who puts in a similar input should get a similar reward. Therefore, in this case since Ted used the equity theory, he'll make a comparison with the salary of others.

7 0
3 years ago
In capital budgeting, the accounting rate of return (ARR) decision model: Incorporates the timing of cash flows. Considers the t
fomenos

Answer:

Incorporates the timing of cash flows.

Explanation:

The Accounting Rate of Return uses accrual accounting in order to determine net income instead of actual cash flows like the NPV, payback period or IRR.

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3 years ago
Worthy Ships initially issued 400,000 shares of $1 par stock for $2,000,000 in 2021. In 2023, the company repurchased 40,000 sha
liq [111]

Answer:

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Explanation:

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8 0
3 years ago
Lloyd is a divorce attorney who practices law in Florida. He wants to join the American Divorce Lawyers Association (ADLA). The
Rasek [7]

Answer:

13 years

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uses two measures of activity, jobs and meals, in the cost formulas in its budgets and performance reports. The cost formula for
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Answer:C. $6,538

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6 0
4 years ago
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