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earnstyle [38]
3 years ago
12

rons woodworking supplies high quality wooden bowls made from xotic hardwoods form around the world for its customers Ron has hi

red several employees. Explain two facos that impact rons demand for workers in his shop
Business
1 answer:
motikmotik3 years ago
8 0

Answer:

1. the demand for exotic hardwoods : if the demand for the exotic hard woods is low, Ron would want to reduce his scale of production. As a result, they would reduce their demand for labour. If the demand for exotic hardwoods is high, they would increase their scale of production and increase their demand for labour

2. the price of exotic hardwoods : if the price of exotic hardwoods falls, the profit that would be made from selling exotic hardwoods would reduce. As a result, the firm would want to reduce their supply of exotic hardwoods. This would lead to a decrease in demand for labour. If on the other hand, the price of exotic hardwoods increases, to increase their profit, Ron would increase the production of exotic hardwoods and as a result increase its demand for labour

Explanation:

Ron's demand for workers is known as derived demand. Derived demand is when the demand for a good or service depends on the demand for another good or service

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QUESTION 3 Project governance does NOT include Setting standards for project selection. Overseeing project management activities
zimovet [89]

Answer: Allowing project managers to plan the project the way they see fit.

Explanation: Project governance may be described as collectively adopted and designated framework or structure which is employed to serve as a guide or model during the entire process of project planning and development. The project governance model is often in tandem with the organizational management framework and provides the necessary guidance and protocol for project management. Hence, it includes setting standard benchmarks, continuous monitoring of project activities and Options for standard incorporation and continuous improvement.

8 0
3 years ago
Madison Finance has a total of $20 million earmarked for homeowner loans and auto loans, where x is homeowner loans in millions
Deffense [45]

Answer:

Ans. Car loans must be $4,000,000 and Home loans $16,000,000 in order to use all the conditions in the problem. Return= $2,000,000

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Hi, well, you need to make sure to get as many car loans as the conditions of the problem allows you, since it returns 14%.

I used MS Excel solver to find this result, please download the excel spreadsheet attached to this answer.

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7 0
3 years ago
Imagine an economy in which: (1) pieces of paper called yollars are the only thing that buyers give to sellers when they buy goo
Tomtit [17]
<span>Imagine an economy in which:
(1) pieces of paper called yollars are the only thing that buyers give to sellers when they buy goods and services, so it would be common to use, say, 50 yollars to buy a pair of shoes;
(2) prices are posted in terms of yardsticks, so you might walk into a grocery store and see that, today, an apple is worth 2 yardsticks; and
(3) yardsticks disintegrate overnight, so no yardstick has any value for more than 24 hours.

In this economy, the yardstick is a unit of account but it cannot serve as a store of value.</span>
4 0
3 years ago
The CFO of James Jeans Co. has asked you to perform an analysis to assess how the company is performing relative to its two larg
damaskus [11]

The vertical analysis approach that will provide the most effective performance evaluation of James Jeans Co. and its two largest competitors is <u>Option B.</u>

<h3>What is a vertical analysis?</h3>

A vertical analysis is a financial statement analysis with each line item listed as a percentage of the base figure from the financial statement.

For example, the vertical analysis calculates the balance sheet percentage by dividing each asset line item by the total assets.  

<h3>Answer Options:</h3>

A. Review the stock price performance of the three companies over the last several years and the Wall Street Analyst buy/sell recommendations: compare debt ratings: review messages on key business websites and blogs to learn what is being said about the company and competitors.

B. Calculate cost of goods sold, selling and administrative expenses, and net income as a percentage of net sales for James Jeans and the two largest competitors; draw conclusions from these results and highlight similarities and differences.

C. Identify the structure of the sales and marketing team of each company, gather information about customer product reviews, and review product warranty claims to understand the comparative performance.

D. Analyze the size of each company's balance sheet and income statement accounts by calculating how much larger or smaller the competitors are compared to James Jeans Co. summarize observations about what might be the reasons for these size differences.

Thus, the vertical analysis approach that will provide the most effective performance evaluation of James Jeans Co. and its two largest competitors is <u>Option B.</u>

<em>"Calculate the cost of goods sold, selling and administrative expenses, and net income as a percentage of net sales for James Jeans and the two largest competitors; draw conclusions from these results and highlight similarities and differences."</em>

<em />

Learn more about vertical analysis at brainly.com/question/15694796

#SPJ1

8 0
2 years ago
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