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3 years ago

At what wage rate will there be excess labor supplied in the market?

2 answers:

6 0

If the wage is free to adjust in response to market forces it will move to We, where the demand forlabour equals the supply. When the wage is above We, more labour will be presented for employment than firms in the industry can profitably hire. It will pay workers to lower their wages to obtain employment in the industry.

choli [55]3 years ago

4 0

Answer:At $25 per hour there will be excess of labor supplied as more laborers are willing to work at high wages but not enough coffee shops are willing to hire at that wage

Explanation: PLATO

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The board of directors of Yancey Company declared a cash dividend of $1.50 per share on 42,000 shares of common stock outstandin

Ivahew [28]

Answer:

Increase to Cash dividends

Explanation:

The entry on declaration of dividend is Retained earnings debit and credit is given to dividend payable. The cash dividend will increase to shareholders as a result of this action. The dividend payable will increase. Cash is not affected when dividends is declared. Cash is affected only when dividend is paid on August 15, 2017. Cash dividend will not decrease since dividend is paid it will increase. There are total 2 entries passed one on July 15th for dividend declaration and on August 15th for dividend payment. The record date of July 31 is only for determining which shareholders are eligible for dividend and no entry is needed.

5 0

3 years ago

In 2013, the Bureau of Labor Statistics (BLS) announced that of all adult Americans, 143,929,000 were employed, 11,460,000 were

xz_007 [3.2K]

Answer:

Explanation:

To calculate the adult population, we simply make use of the data available from the BLS.

We can simply make the calculations by adding the number of employed Adult Americans to the number of unemployed adult Americans.

We simply do not have any business with the number not in labor force because they are actually part of those that are employed but are not just in the labor force.

The adult population is thus:

143,929,000 + 11,460,000 =155,389,000

6 0

4 years ago

There are three economy situations and two stocks Information is as follows Economy Stock A Stock B Booming 0.3 10 20 Neutral 0.

Bumek [7]

Answer:

a) A = 4.50% and B = 2.00%

b) SD for A = 4.15 %

c) Portfolio Return = 3.0%

Explanation:

a) Expected Returns for Both A and B respectively:

In order to calculate the expected returns, let's categorize the given data first.

Economy Probability Stock A Stock B

Booming 0.30 10% 20%

Neutral 0.30 5% 0%

Recession 0.40 0% -10% (not 10%)

So,

Expected Return for Stock A:

A = Sum of (all Probability x Stock A)

A = (0.30 x 0.10) + (0.30 x 0.05) + (0.40 x 0.00)

A = 0.045

A = 4.50 %

Return for Stock B:

B = Sum of all Probability x Stock B

B = (0.30 x 0.20) + (0.30 x 0.00) + (0.40 x -0.10)

B = 0.002

B = 2.0%

b) Standard Deviation /Risk for Stock A:

SD for A = Sum (Square Root (Probability*(Stock A Return - Expected Return of Stock A)²) )

SD for A = $\sqrt{0.30*(0.10-0.045)^2 + 0.30*(0.05-0.045)^2+0.40*(0.00-0.045)^2}$

SD for A = 0.0415

SD for A = 4.15%

c) Portfolio Return Given that:

Value Weight Return

Stock A 4000 0.4 4.50%

Stock B 6000 0.6 2.0%

10000

Portfolio Return = Sum of ( Weight x Return)

= (0.4 x 0.045) + (0.6 x 0.02)

= 0.03

Portfolio Return = 3%

6 0

3 years ago

you purchased one hundred shares of AT&T stock. The company pays 20 cents per share to each share holder (That’s you!) at th

nlexa [21]

Answer:

Dividends

Explanation:

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3 years ago

A contra-revenue account with a debit balance for returned good goods is called

inessss [21]

Answer:

yes

Explanation:

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3 years ago