Answer:
The correct answer is D
Explanation:
Minimum wage is the remuneration which is the lowest that the employers could legally pay to their workers. In short, the price or remuneration which is below that the workers could sell their labor.
Unions and laws support the minimum wages as the higher amount of the minimum wage result in decrease or fall in the job opportunities of the applicants who are low skilled . And few workers wants to hire them so that they will not be able to demand the better working conditions.
So, it is different from the efficiency wages in the minimum wages because it prevent the firms or the companies from lowering the wages in the presence of the surplus of the workers.
Answer:
After tax cost of debt = 5.44*(1-0.35)% = 3.54%
Explanation:
PV = 106
PMT = 6/2 =-3
N = 16*2 = 32 semi annual
FV = -100
Semi annual yield = 2.72%
Annual cost of debt = 2.72%*2 = 5.44%
After tax cost of debt = 5.44*(1-0.35)% = 3.54%
Using Rate function in Excel or Financial calculator
Answer: Price discrimination.
Explanation:
Price discrimination occurs when a seller sales the same product for different prices to different buyers, in one case the price is less and in another case the price is higher when there is no need for a change in selling price. An example of price discrimination is when a car dealer sells a car at a cheaper price to his friend than he sold the same model of car to another buyer.
Answer:
Long-term capital gain = $73,000
Explanation:
The long-term capital gain (LTCG) can be calculated using the following formula:
Long-term capital gain = Selling price - Cost of acquisition - Cost of improvement .............. (1)
Where;
Selling price = $212,000
Cost of acquisition = $113,000
Cost of improvement = $26,000
Substituting the values into equation (1), we have:
Long-term capital gain = $212,000 - $113,000 - $26,000 = $73,000
Note:
Since no information on cost inflation index is given in the question, that implies that there is no need to use indexed cost of acquisition and indexed cost of improvement in our calculation. Therefore, the Cost of acquisition and Cost of improvement has to be used as given in the question.
Answer:
grouping the data into bins
Explanation:
Grouping the data into bins-
It refers to the method of grouping the objects according to the classification, into different bins, is referred to as the method of grouping the data into bin.
From the given scenario of the question,
The Turquoise Oasis Spa, classify the orders into various bins, according to the cases 1 to 10 , 11 to 20... and so on, it helps to make the process faster and easy to perform.
Hence, the scenario of the question, is an example of grouping the data into bins.
