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3 years ago

Generally, the more education you receive, the higher your lifetime earnings will be. True or False

Business

2 answers:

tatuchka [14]3 years ago

8 0

Answer:

True

Explanation:

Generally, the more education you receive the higher your lifetime earnings will be.

zloy xaker [14]3 years ago

5 0

Answer:

True

Explanation:

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When Raoul Welsh is evaluating the construction industry in terms of interest rates, employment cycles, and the rate of new home

Mice21 [21]

Answer:

FALSE

Explanation:

Microeconomics refers to the branch of economics which examines the actions of persons and businesses in making choices about limited resource distribution and the relationships between these entities and industries.

Although microeconomics concentrates on companies and people, macroeconomics focuses on overall economic exercise, talking about issues of development, interest rates, and joblessness, and governmental policies on such concerns.

Thus, from the above we can conclude that the given statement is false.

7 0

3 years ago

Home Security Systems is analyzing the purchase of manufacturing equipment that will cost $95,000. The annual cash inflows for t

Citrus2011 [14]

Answer:

internal rate of return is 20.463%

Explanation:

given data

Year Cash Flow

1 $48,000

2 $46,000

3 $41,000

equipment cost = $95,000

to find out

Determine the internal rate of return

solution

we consider here internal rate of return is x

so we can say present value of inflows = present value of outflows

equate here

$95000 = $\frac{48000}{(x)} +\frac{46000}{(x)^2} +\frac{41000}{(x)^3}$

solve it we get

x = 20.463 %

so internal rate of return is 20.463%

5 0

3 years ago

Doogan Corporation makes a product with the following standard costs: Standard Quantity or Hours Standard Price or Rate Direct m

tia_tia [17]

Answer:

Direct labor rate variance= $1,666 favorable

Explanation:

Giving the following information:

The company produced 5,200 units in January using 2,380 direct labor-hours.

The actual direct labor rate was $19.30 per hour

<u>To calculate the direct labor rate variance, we need to use the following formula:</u>

<u></u>

Direct labor rate variance= (Standard Rate - Actual Rate)*Actual Quantity

Direct labor rate variance= (20 - 19.3)*2,380

Direct labor rate variance= $1,666 favorable

4 0

3 years ago

10. Which of the following scenarios would best exemplify Adam Smith's view of best serving the

nordsb [41]

E. Individuals in the country may pursue their own economic growth and self-interest by doing whatever is best for them

Explanation:

8 0

3 years ago

A developer purchased three oceanfront lots, each measuring 75 by 110 feet, for $20 per square foot. The developer later sold th

AleksAgata [21]

Answer: 21%

Explanation: The developer purchased 3 properties and he can buy each property for $20 per square foot.

Therefore: 75 × 110 =8250 square feet.

8250 × $20 = $165 000 per lot.

Each lot was sold for $200 000. Which means the developer made profits of:

$200 000 - $165 000 = $35 000 per lot.

The percentage of profit on each lot is:

Percentage of profit on cost amount:

= $\frac{35 000}{165 000}$

= 0.2121212 recurring × 100

= 21,21%

Percentage of profit on sale amount:

= $\frac{35000}{200000}$

= 0.175 × 100

= 17,5%

3 0

3 years ago