Electronic cover letters should still follow a business letter format, even though e-mail is a less formal type of communication
2 answers:
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Answer:
2015 Cola Inc:
A/R TO 9.51
Days to collect 38.00
2014 Cola Inc:
Inventory TO 10.18
Days to collect 36
2015 Soda Co:
A/R TO 11.25
Days to collect 32
2014 Soda Co
A/RTurnover 11.28
Days to collect 32
Explanation:
<u>2015</u>
<em><u>where: </u></em>
Sales 39,819
ending 4,531
beginnin 3,839
Avg A/R 4185
A/R TO 9.514695341
Days on Inventory 38
<u>2014:</u>
Inventory TO 10.18259629
Days to collect 36
Soda Co:
<u>2015</u>
A/R TO 11.24907732
Days to collect 32
<u>2014</u>
A/RTurnover 11.27811765
Days to collect 32
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Answer: $19,800
Explanation;
The Monopolist will maximize output at the point where Marginal Revenue equals Marginal Cost because at this point all resources are being fully utilized.
Total Cost = Average Total Cost * Quantity produced
At the point where MR=MC, the quantity produced is 1,100 units.
The Average Total Cost tallying with this is $18 per unit.
Total Cost = 18 * 1,100
= $19,800
Answer:
there will be a surplus of retail workers in this labor market.
Explanation:
In the attached diagram the scenario is illustrated.
When the minimum wage is above the equilibrium wage it means that the minimum wage is above what employees are willing to pay workers. So employees will be less wiling to pay this amount.
There will be a reduction in the number of available slots for workers.
On the other hand workers will receive higher wage than they expected but since the slots for work are now limited there will be a surplus of labour in the market
