Answer:
Total cash collection May= $306,000
Explanation:
Giving the following information:
Sales:
April= $250,000
May= $320,000
June= $410,0000
The company expects to sell 50% of its merchandise for cash. Of sales on account, 60% are expected to be collected in the month of the sale, 40% in the month following the sale.
<u>Cash collection May:</u>
Sales on cash May= 320,000*0.5= 160,000
Sales on Account May= (160,000*0.6)= 96,000
Sales on Account April= (250,000*0.5)*0.4= 50,000
Total cash collection May= $306,000
Answer:
future of HR will be about delivering three things to the organization. Efficient and effective human capital processes— streamlining, standardizing, and integrating talent management processes across the organization (recruiting, training, performance management, rewards, and retention).
Explanation:
Answer:
In equilibrium, each worker is paid his or her value of the marginal product of labor.
Explanation:
Here are the missing option of the question:
- In equilibrium, each worker is paid his or her value of the marginal product of labor.
- Each worker is paid a wage equal to the highest value of the marginal product of labor(i.e., $40)
- Each worker is paid $15.
- We need to know the product price before we can figure out the wage rate.
As per marginal theory of productivity of income distribution, Income of each factor production is equal to its marginal productivity.
Marginal productivity is one additional unit of production by one unit additional unit of factor, which bring changes in total production. Firm hire labor till marginal revenue product of labor is more than wage rate of labor. The point at which Marginal revenue product of labor is equal to wage rate labor is the labor market equilibrium.
All resources in a region can help industries develop and grow by leveraging all of these resources which can be considered as assets. With this, you will be able to deliver more opportunities and this can help the industries develop and grow. Hope this answers your question.
Answer:
d. $200.
Explanation:
Note the purchase price is $10,000 while $2,000 was the down payment, the car purchase was financed with $8,000 in loan.
The monthly payment based on a 9% annual percentage rate can be determined using a financial calculator as shown below, bearing in mind that the calculator would be set to its default end mode before making the following inputs:
N=48(number of monthly payments for 4 years that the loan would last)
I/Y=9/12(monthly interest rate which is 9%/12)
PV=-8000(the loan amount)
FV=0(the loan balance after all monthly payments would be zero)
CPT
PMT=$199.08(closest $200)
