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gtnhenbr [62]
3 years ago
5

Given a pay range with a minimum of $16 per hour and a maximum of $20 per hour (with a midpoint of $18 per hour), what is the co

mpa-ratio for an employee who earns $19/hour
Business
1 answer:
Butoxors [25]3 years ago
8 0

Answer:

106%

Explanation:

Computation compa-ratio for an employee who earns $19/hour

Using this formula

Compa-ratio= Rate/Midpoint

Where,

Rate is the employees pay rate

Midpoint is the midpoint of the target market rate

Let plug in the formula

Compa-ratio=$19/$18

Compa-ratio=106%

Therefore the compa-ratio for an employee who earns $19/hour will be $106%

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The owner of Grandma's Applesauce is planning to retire after the coming year. She has to repay a loan of $50,000 plus 8 percent
Aleks04 [339]

Answer:

Option (B) $5,000

Explanation:

Data provided in the question:

Repayment of Loan = $50,000

Interest = 8%

Cash flow             Probability

$65,000                    70%

$45,000                    30%

Tax rate = 0%

Now,

Interest on loan = 8% of $50,000

= $4,000

Expected value of cash flow = ∑[cash flow × Probability ]

= ( 0.7 × $65,000 ) + ( 0.3 × $45,000 )

= $45,500 + $13,500

= $59,000

The owner's expected cash flow after debt service

= Expected value of cash flow - Interest on loan - Repayment of Loan

= $59,000 - $4,000 - $50,000

= $5,000

Hence,

Option (B) $5,000

3 0
3 years ago
A deadweight loss is a consequence of a tax on a good because the tax a. induces the government to increase its expenditures. b.
zalisa [80]

Answer:

B) induces buyers to consume less, and sellers to produce less.

Explanation:

Taxes are a necessary evil since they always increase the price of the goods and services that consumers buy and decrease the amount of money that producers receive from selling their goods and services. But taxes are necessary and unavoidable.

But once a market assumes all the effects of existing taxes it reaches an equilibrium price that both consumers and producers are satisfied with. If a new tax is levied than the deadweight losses are greater since consumer surplus and producer surplus are both reduced. This will lead to a reduction in the incentive that both consumers and producers have to engage in transactions. Many times consumers will substitute heavily taxed goods for other goods since they feel they are getting more from consuming those goods (consumer surplus). The same happens to producers, many producers will change their heavily taxed goods for other goods.

If the price elasticity of demand or supply of a certain good is large (elastic demand and supply), the deadweight loss will be greater.

7 0
3 years ago
Sustainability, health and wellness, and how to more efficiently utilize and distribute food are all considered political trends
Delicious77 [7]

It is a false statement that sustainability, health wellness and distribution of food are all considered political trend.

<h3>What is a political trend?</h3>

These are trends that influenced consumer views and behavior with the new arount the world of politics that always keep viewer interests.

Fir insatance, the trends about Russian war is an example of political trend because it is strictly on politics.

Therefore, It is a false statement that sustainability, health wellness and distribution of food are all considered political trend.

Read more about political trend

<em>brainly.com/question/24811191</em>

8 0
2 years ago
Tax cuts _________.A) and increases in government expenditures shift aggregate demand right.B) and increases in government expen
Pie

Answer: A. and increases in government expenditures shift aggregate demand right.

Explanation: Government expenditures or spending affect the aggregate demand, because it is one of the component of aggregate demand. If there is an increase in government spending the aggregate demand will shift to the right.

When there is tax cut or reduction in tax, there will be more disposable income which will increase consumption and savings and in turn shift the aggregate demand to the right.

5 0
3 years ago
Why does life have to be hard?
Misha Larkins [42]

Answer:

Life is hard because life needs to know if you're willing to fight. Willing to be strong when life is 'hard'. The second that you prove yourself with one challenge, another challenge show's up. Don't let life get you down. Be grateful for all you have. Live as if it's your last day. :>

Explanation:

7 0
3 years ago
Read 2 more answers
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