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gregori [183]
2 years ago
14

The Krisp Kracker company which makes unique kettle chips for restaurants, clubs, and events, has just lost a large client that

made up 55% of its total revenue. Management finds it necessary to reduce staff or wages. This comes only three months after hiring 35 new people to support this big client. While there are rumors of wage reductions in the short run, the 100 employees who have been with the company for the past two years are grumbling that they are more valuable that the new hires which should be let go and the wages not reduced. The situation at Krisp Kracker illustrates which wage stickiness theory best
Business
1 answer:
Sloan [31]2 years ago
5 0

Answer:

The Krisp Kracker Company

The situation at Krisp Kracker illustrates the Insider-Outsider Wage Stickiness theory best.

Explanation:

This theory suggests that the 100 employees are the insiders while the 35 newly employed are outsiders.  Therefore, at negotiations between the employer and the employees, the 100 employees would also like to negotiate employment terms to the exclusion of the outsiders because they feel that they enjoy a juicier and more privileged position.

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Ajax, Inc., issued callable bonds with a par value of $1,000,000 that require the payment of a call premium of $10,000. The bond
almond37 [142]

Answer:

bonds payable       1,000,000 debit

loss on redemption    20,000 debit

        discount on bonds               10,000 credit

        cash                                  1,010,000 credit

--to record tyhe call of the bonds on September 30th--

Explanation:

par value of the bonds:    1,000,000

call premium:                   <u>       10,000</u>

total cash disbusements:  1,010,000

carrying value                      990,000

loss on redemption               20,000

<u>Notice: </u>It is a loss as we are paying more than the aliability is worth

discount/premium:

face value     1,000,000

carrying value 990,000

discount             10,000

We write off the bonds account: bond payable and bon discount

we debit the loss and credit hthe cash disbursments

8 0
3 years ago
Please help me out this!!<br> Thanks<br> BRAINLIEST WILL BE GIVEN<br><br> EXPLAIN
Ghella [55]
D, 12,500. Since she makes 50,000 she falls under the 25% zone and 25% of 50,000 is 12,500. Find that by doing 50,000 times 0.25
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3 years ago
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Cute Camel Woodcraft Company is considering a one-year project that requires an initial investment of $500,000; however, in rais
vfiekz [6]

Answer:

The correct answer is "32.076%".

Explanation:

Given:

Initial investment,

= $500,000

Cash inflows,

= $500,000

The floatation cost will be:

= 500,000\times 6 \ percent

= 30,000 ($)

The total cost will be:

= Initial \ investment+Floatation \ cost

= 500000+30000

= 530000

hence,

The rate of return will be:

= \frac{Inflows}{Cost} -1

= \frac{700000}{530000} -1

= \frac{700000-530000}{530000}

= 0.32076

= 32.076 (%)

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2 years ago
find the future value of an ordinary annuity of $60 paid at the end of each quarter for 3 years, if interest is earned at a rate
max2010maxim [7]

The future value of an ordinary annuity of $60 paid at the end of each quarter for 3 years, if interest is earned at a rate of 4%, compounded quarterly will be 907.2$

<h3>What is Compounding?</h3>

Compounding is the method through which interest is added to both the principle balance already in place and the interest that has already been paid. Thus, compounding can be thought of as interest on interest, with the result that returns on interest are magnified over time, or the so-called "magic of compounding." After a year, you would receive $10 in interest if you deposited $1,000 into an account with a 1% annual interest rate. Compound interest allowed you to earn 1 percent on $1,010 in Year Two, which amounted to $10.10 in interest payments for the year.

Hence, The future value of an ordinary annuity of $60 paid at the end of each quarter for 3 years, if interest is earned at a rate of 4%, compounded quarterly will be 907.2$

To learn more about compounding click,

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7 0
1 year ago
Your brother is starting 9th grade next year and is thinking about going to college. What steps would you recommend he take?
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I would say a just to make sure he is making a right chocie 
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