Answer:
the firm expected rate of return is 20.4%
Explanation:
The computation of the expected rate of return is shown below:
= Respective Probabilities × respective returns
= 0.50 × 0.46 + 0.30 × 0.10 + 0.20 × -0.28
= 0.23 + 0.03 - 0.056
= 0.204
= 20.4%
hence, the firm expected rate of return is 20.4%
We simply applied the above formula so that the correct value could come
And, the same is to be considered
Answer:
A. is paid by firms who can't directly monitor the work effort of their employees
Explanation:
The efficiency wage refers to a wage that is greater than the equilibrium wage which firms pay to employee voluntarily in order to bring about higher productivity and profits.
The efficiency wage is usually paid in order to avoid "shirking" (screwing around) when it is not possible for firms to directly monitor the work effort of their employees.
Screwing around implies wasting time by enganging in unproductive activity.
Therefore, the theory of effiiciency wage predicts that amployees are motivated to harder ans smarter when they are paid an efficiency wage when it is not possible for firms to directly monitor the work efforts of the employees.
Answer:
$14.71
Explanation:
Each veggiburger costs $3.25, the salad costs $2.50, the fries cost $1.50 and each coffee costs $0.90.
Your total bill without taxes or tips = $6.50 + $2.50 + $1.50 + $1.80 = $12.30
If we add the 4% our total increases to = $12.30 x 1.04 = $12.79
Generally I tip on the taxes, so the total bill including taxes and tip = $12.79 x 1.15 = $14.71
Answer:
1. Calculation of the Cost of the Tramel Job
Particulars Amount
Direct material cost $2,300
Direct labor cost $500
Overhead applied <u>$650 (</u>500*130)
Total cost of job <u>$3,450</u>
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2. Particulars Debit Credit
Overhead Cost $1,300
To materials $800
To Labour $500
3. The Cost of the Tramel Job will not be affected
