Answer:
The real issue with prisoners being paid is not the fairness of paying someone for performing a job, but the extremely high costs of keeping someone in jail. When you read all the articles of people that oppose paying prisoners a minimum wage (or around $3 per hour), they all argue that the cost of keeping them in jail is already too high and they working for cents (on average a prisoner gets paid between 14¢ - 61¢ per hour) is away of returning something to society. The logic is that the government already pays for their food, shelter and security.
Personally, I understand the argument that keeping someone in jail is really expensive. That argument is really solid when you are talking about jobs related to government needs, but do they apply to jobs performed for businesses? No. A prisoner whose work makes someone wealthier, should be paid a reasonable amount. It is true that prisoners that work for businesses earn around twice as much, between 33¢ to $1.41, but that amount is still ridiculous. Again, someone is actually benefiting from prisoners' work while the general public pays for the costs of keeping them in jail.
The general public is actually subsidizing those businesses that are lucky enough to get basically free labor. Remember that not all prisoners are constantly hitting or attacking someone, the vast majority live relatively boring lives behind bars (OK, they are in jail and that is the point). They are able to perform many work related tasks. Businesses are taking advantage of both prisoners and the general public that pays the incarceration costs.
It is ridiculous to believe that using prisoners will reduce public expenses, it doesn't. It makes no sense to replace public sector workers with prisoners. Even though prisoners are able and capable of working, it costs a lot of money to guard them while at work. Who pays for it? The government pays for it. The logistics of using inmates as workers is very complex and expensive, and I bet it is much cheaper to pay a free person the minimum wage than it is to use inmates as workers.
Prisoners forming a union is also something that makes no sense. I believe and defend many social issues, but some topics shouldn't even be considered.
Answer:
Option D is correct one.
<u>Capital improvements are added to the basis.
</u>
Explanation:
Capital expenditure increase the capacity of the asset and an asset cannot function effectively without such improvements. Thus the value of the asset is to be increased by such expenditure. Thus, to calculate adjusted basis capital improvements are added. This is the reason of adding improvements to the basis.
Answer:
The correct answer is D. slotting allowance.
Explanation:
A business expense is defined as the cost report associated with a service or project assigned to a company's partner. The declaration of expenses serves the company to control and manage its expenses, but at the same time it can be requested by any client of the project who wishes to control the costs of the project. Any partner (administrative or project partner) that has agreed with the company compensation for travel and travel expenses is required to prepare a statement of expenses including amounts and documents. In most cases, the composition of business expenses is made monthly.
Answer:
the next-best alternative for the resources used to undertake the action.
Explanation:
That's the most complete definition.
Is important to understand that opportunity cost take the best alternative.
And associate the alternative for an specific resource.
For example, if you have your own project as self-employee
and you have two job offer of 40,000 and 60,000
the opportunity cost is 60,000 which is the best alternative for the labor resources
If you are also using a space that could be rented for 10,000 That potential rent is also part of the opportunity cost,
So the total opportunity cost will be 70,000
60,000 for the labor resourse
and 10,000 for the rent resource
Answer:
d. $197,418
Explanation:
Profitability index for this project = Present value of cash inflows / Present value of cash inflows
Profitability index for this project = 2.531*$78000 / $195000
Profitability index for this project = $197,418 / $195,000
Profitability index for this project = 1.0124
So, the net present value of this project is $197,418