Why are public goods important

Suppose that all 75 employees of a company received a raise of $150 per month? How would this affect the mean salary of all empl

Svetlanka [38]

Answer:

Mean Salary of all employees will be increase by $150.

Explanation:

$150 raise of all 75 employees will be averaged and result in the $150 increase in the mean of all employees salary.

Suppose:

The Sum of all Employees salary = $1,500,000

The Mean of all Employees salary = $100,000 / 75

The Mean of all Employees salary = $20,000

The Sum of all Employees salary after raise = $1,500,000 + ( 75 x 150 )

The Sum of all Employees salary after raise = $1,511,250

The Mean of all Employees salary after raise = $1,511,250 / 75

The Mean of all Employees salary after raise = $20,150

Hence Proved that Mean Salary of all employees will be increase by $150.

7 0

3 years ago

Solomon works in the finance department of a hospital operated by the country’s national health service. The hospital wishes to

DochEvi [55]

Answer:

It would be unethical and a conflict of interest for Solomon to let his uncle in on the details because it would give his uncle an unfair advantage against the other bidding contractors. It's a form of nepotism

Explanation:

hope this helps have a great day

7 0

4 years ago

Read 2 more answers

A company will need $45,000 in 8 years for a new addition. To meet this goal, the company deposits money in an account today t

True [87]

Answer:

The amount that should be invested to total $45,000 in 8 years is $18,995.

Explanation:

According to the situation, you have to calculate the amount that you have to invest in the present to get $45,000 in eight years. You can find it using the formula:

P= F/(1+(i/n))^nt

P= present value

F= future value: $45,000

i= interest: 11%

n= number of times compounded per year: 3

t= time in years

P= $45,000/(1+(0.11/3))^(8*3)

P= $45,000/(1+0.0366)^24

P= $45,000/2.369

P= $18,995

3 0

3 years ago

Assume the Residential Division of KappyKappy Faucets had the following results last year:

Alex_Xolod [135]

Answer:

12%

Explanation:

Calculation for the division's return on investment

Using this formula

Return On Investment = Operating income /Average total assets

Let plug in the formula

Return on investment= $636,000/$5,300,000

Return on investment= 0.12*100

Return on investment=12%

Therefore the division's return on investment will be $12%

6 0

3 years ago

A policy that provides coverage for losses over an extended period of time up to a maximum benefit limit is known as a(an):

Tom [10]

Answer:

A policy that provides coverage for losses over an extended period of time up to a maximum benefit limit is known as Lifetime Limit Policy.

Explanation:

This policy is also know as Lifetime Maximum Benefit or Maximum Lifetime Benefit Policy where an insured individual will get paid the maximum amount of any health plan during his entire lifetime.

This policy has proved much beneficial for the people because they get a sign of relief without any kind of worry, if their medical treatment exceeds their allocated or allowed limit.

These policies particularly are limited only to the essential medical services, but here it needs to be defined what does this essential services means. Because the services considered as essential by one person might not be of the same importance for another person.

4 0

4 years ago