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3 years ago

Financial compensation falls into two general categories, which are:

1 answer:

8 0

<span>Financial compensation falls into two general categories, which are wages and salary.

A wage is something that is based based on an hourly rate with the hours that are worked. So if your wage is $16 an hour and you worked 10 hours that week, your wage would be paid as $160. If you receive an salary and it's $40,000 a year, you are paid based on that verse a certain amount of hours.
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g if 1 British pound can be exchanged for 180 cents of U.S. currency, what fraction should be used to compute the indirect quota

Mrrafil [7]

Answer: 1/1.8

Explanation:

From the question, we are informed that 1 British pound can be exchanged for 180 cents of U.S. currency. To get the fraction that should be used to compute the indirect quotation of the exchange rate expressed in British pounds, we have to change the 180 cents to dollars first.

Since 100 cents = 1 dollar, 180 cents = 1.8 dollars. Therefore, fraction should be used to compute the indirect quotation of the exchange rate expressed in British pounds will be:

= 1/1.8

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3 years ago

Seating Company is currently selling 1,400 oversized bean bag chairs a month at a price of $95 per chair. The variable cost of

-BARSIC- [3]

Answer:

Contribution Margin Income Statement

+Sales Revenue 1,400 x $95 = $133,000

-Variable production costs 1,400 x $65 = ($91,000)

-Variable selling costs 1,400 x $2 = ($2,800)

=Contribution Margin $133,000 - $91,000 - $2,800

= $39,200

-Fixed production costs ($13,000)

=Net profit = $39,200 - $13,000

= $26,200

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3 years ago

From the point of view of economics, information systems technology can be viewed as a factor of production that can be substitu

Anna71 [15]

Answer: True

It can be replaced by traditional systems, however, it is not the most appropriate, because information systems help us organize information about a company so that it can be good for reading, analyzing and making decisions, if it does not comply with these principles then we can say that the company is becoming a bit more inefficient.

Traditional systems work, however, in terms of information systems, we can also have the decrease in information errors, so it is important that they be as automated as possible.

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3 years ago

Generally it is thought that assignment of property rights leads to efficient use of resources. We noted two cases however (the

malfutka [58]

Answer:

Explanation:

This could be due a number of factors.

1 Externality effect

2 There could also be market failure, when property rights are not properly defined.

Externality is the effect of a third party on a property right, when all parties cannot come to an agreeable resolution on properties this could lead to inefficient use of land.

Also when the property rights are not put in place its difficult to come to a resolution that satisfies all parties.

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3 years ago