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3 years ago

Jamal and Keisha each earn money by washing cars and mowing lawns.

Business

2 answers:

mrs_skeptik [129]3 years ago

7 0

Answer:

B: Keisha can specialize in washing cars, because she has the comparative advantage.

C: Specialization allows them to collectively mow 3 more lawns and wash 3 more cars every three days.

E: Specialization allows them to earn more money.

Explanation:

Edg

Hitman42 [59]3 years ago

5 0

Answer:

Jamal and Keisha are considering entering into an agreement to trade tasks.

How can specialization of labor benefit Jamal and Keisha? Check all that apply.

Jamal can specialize in washing cars, because he has the comparative advantage.

Keisha can specialize in washing cars, because she has the comparative advantage.

Specialization allows them to collectively mow 3 more lawns and wash 3 more cars every three days.

Specialization allows them to collectively mow 12 more lawns and wash 27 more cars every three days.

Specialization allows them to earn more money.

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Why do you think companies felt that unions were "conspiracies that interfere with property rights"?

Dafna1 [17]

Companies felt that unions were conspiracies which interfere with property right because, unions usually challenge the employers about the working conditions of their workers and the manner the employers treat their workers; they fight for the rights of the worker. Because of this, employers usually do all they can to stop unions from forming.

7 0

3 years ago

The Baldwin Company currently has the following balances on their balance sheet: Total Assets $260,881 Total Liabilities $150,67

bonufazy [111]

Answer:

common stock = $80,308

Explanation:

assets = liabilities + equity

current balance:

$260,881 = $150,673 + $110,208

$110,208 = common stock + retained earnings = $57,508 + $52,700

next year:

net income = $44,200

dividends = $12,000

assets = $260,881 + $55,000 = $315,881

liabilities = $150,673

equity = $315,881 - $150,673 = $165,208

retained earnings = $52,700 + $44,200 - $12,000 = $84,900

common stock = $165,208 - $84,900 = $80,308

7 0

3 years ago

Data from Estrin Corporation's most recent balance sheet and income statement appear below: This Year Last Year Accounts receiva

jekas [21]

Answer:

d. 108 days

Explanation:

Average Inventory = (Beginning balance + Ending balance) / 2

Average Inventory = ($139,000 + $158,000) / 2

Average Inventory = $297,000 / 2

Average Inventory = $148,500

Inventory Turnover ratio = Cost of goods sold / Average Inventory

Inventory Turnover ratio = $501,000 / $148,500

Inventory Turnover ratio = 3.37 times

Average days to sell inventory = Days in a year / Inventory Turnover ratio

Average days to sell inventory = 365 days / 3.37 times

Average days to sell inventory = 108.31 days

8 0

2 years ago

A researcher is asked to determine whether or not a productivity objective (in dollars) of better than $75,000 per employee is p

exis [7]

Answer:

Hence the null hypothesis is not rejected.

We conclude that productivity objective (in dollars) is not better than $75,000 per employee.

Explanation:

Single sample t-test ( upper tail test)

$H_0: \mu = 75000\\H_1: \mu > 75000$

N=20

Mean =75500

Sd=18968.117

$t = \frac { (\bar x - \mu)} {\frac {s} {\sqrt{n}}}\\\\t = \frac{(75500-75000)}{\frac{18968.117}{\sqrt{20}}}\\t=0.1179$

DF= 20-1=19

Table value of t at 0.05 level of significance =1.7291

Calculated t=0.1179 < table value 1.7291

The null hypothesis is not rejected

We conclude that productivity objective (in dollars) is not better than $75,000 per employee

4 0

2 years ago

The following totals for the month of June were taken from the payroll register of Xenos Company:

Elza [17]

Answer:

c. debit to Payroll Tax Expense for $1,050.

Explanation:

The payroll tax expense includes various expense like - Social security tax payable, medicare tax payable, unemployment tax payable, etc.

So, we consider these items only.

The journal entry is shown below:

Payroll expense A/c Dr XXXXX

To Social security taxes payable A/c XXXXX

To Medicare taxes payable A/c XXXXX

(Being payroll expense is recorded)

All other information which is given is not relevant. Hence, ignored it

3 0

3 years ago