Answer:
Federal Insurance Contributions Act
Explanation:
The Federal Insurance Contributions Act refers to a law that establishes the federal taxes that are deducted from employees' salaries to get the funds for social services like Medicare, disability insurance, among others. According to this, the answer is that the act that requires most employers to withhold certain amounts from employees' earnings for contributions to the Social Security and Medicare programs is called the Federal Insurance Contributions Act.
The lifetime value of a local car dealership for an average customer is $120,000.
<h3>What is meant by a lifetime value?</h3>
A lifetime value is an average amount that is being earned by the customer over the time period till its being a customer of a particular service.
Given values:
Amount spent by customer: $30,000
The average number of years: 40 years
Computation of lifetime value (LTV):
Therefore, when a customer spends $30,000 on a car dealership for 40 years of average time then its lifetime value would be $120,000.
Learn more about the lifetime value in the related link:
brainly.com/question/16926291
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Answer:
$100
Explanation:
the marginal product per dollar spent on labor = 40 units / $20 = 2 units per dollar
the marginal product per dollar spent on capital = 60 units / $30 = 2 units per dollar
the marginal product per dollar spent on land = 2 = 200 / $X
$X = 200 / 2 = 100 ⇒ the cost per unit of land is $100
The marginal product per dollar spent on a factor of production (labor, capital or land) is MP(factor)/P(factor). It measures how many additional units of output can be obtained by spending $1 more in a factor of production.
Answer:
Explanation:
Let:
So:
This is an equation of a line. Let's represent it in its Slope–intercept form:
In order to find the intercept of the budget line on the Tequila axis, we need to evaluate the function for x=0, so:
1,710 units
1,300 in inventory
+ 350 in transit
+ 80 on consignment
= 1730
- 20 damaged units
=1,710 units in period end inventory
