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Goryan [66]
3 years ago
11

ECONOMICS PLEASE HELP TIMED!!!

Business
1 answer:
maxonik [38]3 years ago
3 0

Answer:

A price Floor

Explanation:

The minimum wage is a price floor. The minimum wage is a price below which you cannot sell labor, and the suppliers of labor exceed the buyers of labor.

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Pastore Inc. granted options for 1 million shares of its $1 par common stock at the beginning of the current year. The exercise
Step2247 [10]

Answer:

$7,000,000

Explanation:

Calculation to determine What would be the total compensation indicated by these options

Using this formula

Total Compensation =Beginning options*Fair value of the options

Let plug in the formula

Total Compensation =1,000,000 shares × $7

Total Compensation =$7,000,000

Therefore What would be the total compensation indicated by these options is $7,000,000

3 0
3 years ago
Which social networking service did people from around the world use to participate in the Social Good Summit?
GalinKa [24]

Answer:

Mashable

Explanation:

Mashable is a global, multi-platform media and entertainment company. It is a go-to source for tech, digital culture and entertainment content for its dedicated and influential audience around the globe.

5 0
2 years ago
Old Camp Company manufactures awnings for its own line of tents. The company is currently operating at capacity and has received
Helen [10]

Answer:

It is more convenient to continue the production in house.

Explanation:

Giving the following information:

The company is currently operating at capacity and has received an offer from one of its suppliers to make the 12,000 awnings it needs for $25 each. Old Camp’s costs to make the awning are $12 in direct materials and $7 in direct labor. Variable manufacturing overhead is 70 percent of direct labor. If Old Camp accepts the offer, $42,000 of fixed manufacturing overhead currently being charged to the awnings will have to be absorbed by other product lines.

Make in house:

Variable costs= 12 + 7 + (7*0.70)= $23.9

Total variable costs= 23.9*12000= 286,800

Buy= 25*12,000= $300,000

It is more convenient to continue the production in house.

3 0
3 years ago
The overhead costs in a highly automated factory are expected to increase at an annual compound rate of 10 percent for the next
Rzqust [24]

Answer:

The annual worth of the overhead costs for 7 year-period is

A = $389743.42.

<em>Then the time value of the annual worth is discounted by 8%</em>

∴  $389743.42 x 0.08 = $31179.47.

Explanation:

Using the formula

A = P(1 + r/n){nt}

Where:

A = ?

t = 7

P = $200,000.00

r = 10%

n= 1

TVM =8%

∴ A = $200,000.00(1 + 0.10/1){1 * 7}

A = $200,000.00(1.10){7}

A = $200,000.00(1.9487171)

A = $389743.42

<em>Then the time value of the annual worth is discounted by 8%</em>

∴  $389743.42 x 0.08 = $31179.47

8 0
3 years ago
Read 2 more answers
The primary goal of the financial manager of a profit-seeking organization is to
Colt1911 [192]
The primary goal of the financial manager of a profit-seeking organization is to make profits. This will keep the company in a great market position.
8 0
3 years ago
Read 2 more answers
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