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LuckyWell [14K]
3 years ago
14

E) True, false, uncertain, or not enough information?

Business
1 answer:
Evgesh-ka [11]3 years ago
4 0
False, If wage goes up so will everything else
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Which of these are considered broad economic goals? Dependability, equity, efficiency Freedom, equity, growth Reliability, hones
kodGreya [7K]

Answer:

equity, freedom, security, efficiency, growth

Explanation:

The economic goals include:

1. Equity: occurs in an economy when income and wealth are fairly distributed within a society.

2. Efficiency (efficiency freedom): is achieved when society is able to get the greatest amount of satisfaction from available resources in an economy

3. Economic growth: when there is an increase in the economy's ability to produce goods and services, often indicated by measuring the growth rate of production.

The other economic goals are:

Economic Stability, balance of payment, Price Stability or Controlling Inflation and Full Employment.

8 0
3 years ago
A health insurance provider has used market ________ to identify groups of businesses that have unique needs when providing insu
Kaylis [27]

Answer:

Segmentation

Explanation:

Market segmentation is a study that decides whether the company splits its members or populations into smaller categories based on factors such as age, wealth, personality features or actions. These divisions will also be used to tailor goods and ads to specific consumers.

In the case of health insurance providers, they use market segmentation to maintain the difference between individuals and decide about their premium, desire and other benefits.

8 0
3 years ago
Indicate the effect of each of the following transactions on total assets, total liabilities, and total stockholdersâ equity. Se
Scorpion4ik [409]

Answer:

Transaction                       Assets            Liabilities        Stockholders' Equity

Issue common stock           Increase               NE                      Increase

Issue preferred stock         Increase               NE                      Increase  Purchase treasury stock     Decrease             NE                       Decrease

Sale of treasury stock         Increase              NE                        Increase  Declare cash dividend            NE                   Increase                   NE

Pay cash dividend               Decrease            Decrease NE

100% stock dividend              NE                        NE                      NE

2-for-1 stock split                    NE                       NE                         NE

When shares are sold or issued, they increase the stockholders equity as people buy these shares. They also increase assets because cash comes into the company when the shares are sold. This is why the Issuing of preference and common stock as well as the sale of Treasury shares had the same effects.

When cash dividends are declared, they become a liability that is owed to equity holders.

When these dividends are then paid, they remove the liability but reduce assets as cash is used to pay the dividends.

100% stock dividend reduces retained earnings but increases equity so stockholders equity does not change.

8 0
2 years ago
Barnes Company reports the following operating results for the month of August: sales $305,000 (units 5,000); variable costs $21
Ostrovityanka [42]

Answer:

1. $30,500;

2. $30,000;

3. $22,000;

=> Option 1 produce the highest net income.

Explanation:

We have sell price per unit = 305K /5K = $61

1.  Increase selling price by 10% with no change in total variable costs or sales volume:

Sell price = 61 x 1.1 = $67.1

Sales revenue = 67.1 x 5,000 = $335,500

Increase in sales revenue = 335.5K - 305K = $30,500

As costs remains the same, Net income will increase as much as the increase as sales revenue which is $30,500.

2.  Reduce variable costs to 60% of sales:

New variable cost = $305,000 x 60% = $183,000

Saving in variable cost = 213K - 183K = $30,000

As fixed cost and sales revenue remain the same, net income will increase as much as the saving in variable cost which is $30,000

3. Reduce fixed costs by $22,000:

As variable cost and sales revenue remain the same, net income will increase as much as the saving in fixed cost which is $22,000

6 0
2 years ago
Samson Company reported total manufacturing costs of $320,000, manufacturing overhead totaling $52,000, and direct materials use
Artemon [7]

Answer:

$204,000

Explanation:

Given that

Total manufacturing costs = $320,000

Manufacturing overhead = $52,000

Direct materials = $64,000

The computation of direct labor cost is shown below:-

Direct labor cost = Total manufacturing costs + Manufacturing overhead + direct materials

= $320,000 - $52,000 - $64,000

= $204,000

Therefore for computing the direct labor cost we simply applied the above formula.

3 0
2 years ago
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