Answer:
a. If all 307 registered fishermen were to be employed by hotels (in addition to the 3,409 people already working in hotels), how many hotel stays could Bermuda produce?
since the opportunity cost is constant, then if all 307 fishermen decided to become hotel workers, then the total number of hotel stays would be (286 tons of fish x 2,000 stays per ton) + 538,000 stays = 1,110,000 stays
b. If all 3,409 hotel employees were to become fishermen (in addition to the 307 fishermen already working in the fishing industry), how many metric tons of fish could Bermuda produce?
total number of fish caught = (538,000 stays / 2,000 tons per stay) + 286 tons of fish = 555 tons of fish caught
c. attached graph
Answer: D
If the employer pays the health/medical insurance, accidents then such benefits are not subjected as taxable income. Even the amount appear in W-2 report, it is not considered as income.
However, only If the employer use insurance plan that pays the premium by employers direct payment or employers' own fund. Otherwise the reimbursements can be taxable.
Answer:
$38.78
Explanation:
The formula to compute the share price in one year is shown below:
Price of a stock = (Next year dividend) ÷ (Required rate of stock return - growth rate)
where,
Price of the stock = Next year dividend ÷ (Risk free rate + beta × (Market return - Risk free rate) - Dividend growth rate)
$35 = $0.80 ÷ (5.5% + 1.2 × (12% - 5.5%) - g)
So after solving this
The growth rate is 11.01%
Now the share price after one year is
= 0.80 × (1 + 11.01%) ÷ (13.3% - 11.01%)
= $88.81 ÷ 2.29%
= $38.78
Answer: consumer's maximum willingness to pay for it.
Explanation:
The value a consumer places on a product or service is the highest amount that consumer is willing to pay for that product or service to be received. Value simply means the worth a particular thing has to a person. Value varies as some items are more valuable than others.
Answer:
Cost allocation
Explanation:
Cost allocation means the process where the identification, aggregation, and the allocating of the cost is made to the various cost objects. It plays an important role as the cost i.e. incurred for generating a particular product or rendering a service would be determined
So if the manufacturing overhead cost assigned and the other indirect cost so this we called cost allocation