All categories

3 years ago

1. Describe the value of an education.

1 answer:

Colt1911 [192]3 years ago

4 0

Well you need an education to get a job and make money to survive, if you want to lets say work at a fast food place then you need to know math, and ALGEBRA to combine foods and stuff. If you want to be a reporter then you'll need to know English language arts. Basically you'll need an education for any job you get.

You might be interested in

If you watch TV for two hours, you dont spend any money. Does this mean that you do not have an opportunity cost for watching TV

k0ka [10]

Answer:

No, Watching TV has an opportunity cost

Explanation:

Opportunity costs represent the forfeited benefits for preferring a certain option over others. It is the foregone benefits from the next best alternative.

Watching TV for two hours has an opportunity cost. By watching TV, a person has sacrificed doing other things. The two hours could have been used in other ways like working, studying, swimming, or playing. By watching TV, the person missed benefits from the other activities. The other activity that would have resulted in more benefits other than watching TV is the opportunity cost.

8 0

3 years ago

Staples sells office supplies and machines, furniture, and technology and business services both in stores and online. It sells

Snezhnost [94]

Answer:

Industry-wide differentiation strategy

Explanation:

Staples is providing a wide range of products in various locations, both in stores and online. He is creating an industry-wide differentiation by providing unique products that customers wants.

The target customers consist of wide range of people with different preferences.

6 0

3 years ago

After his annual performance appraisal, Joe was disappointed with his 5 percent increase in pay, compared to the 10 percent incr

7nadin3 [17]

Answer:

Setting specific goals

Explanation:

Because Joe was dissatisfied with his 5 percent rise in pay as opposed to his colleagues '10 percent raise and plus he is not informed of the minimum standard.

So for improving the performance he should set his specific goals so that he should accomplish the company goals and objectives due to which he will get the appraisal next time

7 0

3 years ago

If accounts receivable and inventories increased by $85,000 (total), accounts payable increased by $14,000, and depreciation add

scoundrel [369]

Answer:

We can't define the firm's net income without additional information as either (1) or (2):

1) Revenues/ all income, and all expenses

2) Operating cash-flow together with interest expense, and tax rate

Explanation:

If we can have the operating cash-flow, then we can define EBIT (profit/ earnings before tax and interest) as below:

Operating cash-flow = EBIT + depreciation - increase of accounts receivable and inventories + increase of accounts payable.

Assuming Operating cash-flow is $100,000 then we have:

EBIT = $100,000 + $64,000 - $85,000 + $14,000 = $93,000

Assuming the firm have no interest expense and tax rate is 35%, then net profit = EBIT*(1- tax rate) = $93,000 * (1-35%) = $60,450

6 0

3 years ago

Diane paid $600,000 for a six-unit apartment building. The gross income is $900 per month per unit, with annual expenses of $16,

Stells [14]

Answer:

Explanation:

First calculate annual gross income. 900 x 6 x 12 = 64,800. Next determine the net income. 64,800 - 16,880 = 48,000. 48,000 / 600,000 = .08 or 8%

7 0

2 years ago