Choices that is part of this question:
A. a shortage of housekeepers
B. no change in the market for housekeepers
C. a surplus of housekeepers
D. an increase in the qty. of housekeepers supplied
E. unemployment of housekeepers
Equilibrium wage rate is the wage rate wherein the demand meets the supply. However, it does not automatically imply that it is the actual rate given to the housekeeper.
For me, an increase in the minimum wage rate will lead to a <span>D. an increase in the qty. of housekeepers supplied</span>
Answer:
<em>d. a reduction in the risk free rate
</em>
Explanation:
The risk-free return rate is the estimated return rate of a zero-risk investment.
The real risk-free price can be determined by subtracting from the Treasury bond yield matching your portfolio period the current inflation rate.
The risk-free rate reflects the return that an investor could receive throughout a set period of time from a completely risk-free investment.
Answer:
The firm that will have a higher beta is:
Firm B.
Explanation:
The question here is which firm is more volatile. Since they have a similar amount of financial leverage, Firm B which uses more human workers on its assembly line and pays overtime will appear to be more volatile than Firm A with a highly automated robotics process. Firm B faces risks of labor strikes and other vagaries associated with the use of more labor than the market.
Answer:
$10 per hour
Explanation:
As for the information provided,
Predetermined overhead rate is the rate that is determined based on the expected or estimated level of activity, that is then charged to actual level of activity, which gives us over-applied or under-applied overheads.
In the given case, estimated overheads = $250,000
Estimated direct labor hours = 25,000
Thus, predetermined overhead rate = $250,000/25,000 = $10 per hour.
Answer:
$27,400
Explanation:
The amount of cash at the end of the period is calculated as;
Cash provided by operating activities
$18,200
Cash used by investing activities
($6,700)
Cash used by financing activities
($1,200)
Net increase (decrease) in cash balance
(a) $10,300
Cash at the beginning of the year
(b) $17,100
Cash at the end of the year
c = (a) + (b) = $27,400