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Ivanshal [37]
3 years ago
8

If the price of output is $1 per unit and we observe the firm hiring four workers, if the firm is maximizing profit, the wage ra

te must be between ________ and ________. A) $35; $40 B) $30; $35 C) $45; $60 D) $80; $90
Business
1 answer:
Hitman42 [59]3 years ago
4 0

Answer:

B. $30; $35

Explanation:

The sole purpose of business is to make profit. When a production company makes products for sale, they try to reduce the cost of production by source cheap or substantial power supply, total usage of the raw materials and the employing cheap labour, both skilled and unskilled. If the price of a company's output after production is $1, they check the profit that would be made in a bash of products, extracting the cost which includes the worker's wages.

They pick the minimum possible value for payment that is favorable to them and is considered fair by the employees.

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You believe that the Non-Stick Gum Factory will pay a dividend of $2 on its common stock next year. Thereafter, you expect divid
Ivan

Answer:

$28.57

Explanation:

Dividend growth model can only be used in a situation where the firm pays a dividend which can tend to grow at constant rates reason been that the stock has been influenced by the growth rates which is involved in the dividends which means the firm can increase the dividends.

Therefore the Dividend that is to be paid next year will be:

$2Growth rates

5 %Rates of return

12% Return on Investment

Formular for the calculation of current price of the stock = D1/(r-g)

Where:

D1=2%

r=12%

g=6%

Hence:

2/ (0.12-0.05)= $ 33.33

=2/0.07

=$28.57

Therefore the amount I should be prepared to pay for the stock today will be $28.57

4 0
3 years ago
Sheaves, Inc., has sales of $50,000, costs of $23,000, depreciation expense of $2,250, and interest expense of $2,000.
Dominik [7]

Answer:

$21,767.50

Explanation:

<u>Computation table:</u>

<u>Particular                      Amount</u>

Sales                             $50,000

Less: Costs                   $23,000

<u>Less: Depreciation       $2,250</u>

<u>EBIT                              $24,750</u>

<u>Less: Interest               $2,000. </u>

<u>EBT                              $22,750</u>

<u>Less: Tax (23%)           $5,232.50 </u>

<u>Net Income              $17,517.50</u>

$24,750 + 2,250 -5,232.50

$21,767.50

6 0
3 years ago
______ are the relatively permanent and deeply held underlying beliefs and attitudes that help determine a person's behavior. Th
11111nata11111 [884]

Answer:

The correct answer is d. Values

Explanation:

values are sort of like the roots of our beliefs that are so deeply embedded in our mindset they almost influence and indirectly governs all aspects of our being. The values are deeply held, can be personal and acts as the foundation for morals, thoughts, ideas, innovations, etc...

7 0
4 years ago
A truck costing $12,100, which has Accumulated Depreciation of $9,010, was sold for $2,010 cash. The entry to record this event
blagie [28]

Answer:

Loss of $1,080

Explanation:

The correct journal entries would be:

Dr     Accumulated Depreciation           9,010

Dr     Cash                                                2,010

Dr     Loss on sale                                    1,080

        Cr                Truck (Asset)                                    12,100

     

Thus, the correct answer is a loss of $1,080                                  

     

3 0
4 years ago
An accounting firm is capable of processing 20 income tax forms per day. The average number of forms in various stages of proces
LenKa [72]

More than 3 but less than or equal to 4 days is the average processing time per income tax form.

Option - a

<u>Explanation: </u>

\text{ WIP (Work in process) }= R \times T = 64 = 20(T)

T = \frac{64}{20}  

So, T = 3.2Days

The average processing time per income tax form is more than 3 but less than or equal to 4 days.

Work in process relates to a partially completed portion of the stock of a business. The valuation of a partially finished stock is also sometimes referred to as the balance sheet products in operation, particularly when the company produces tangible goods instead of services.

6 0
3 years ago
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