All categories

3 years ago

In what industry is labour likely to be the most important factor of production

Business

1 answer:

Lisa [10]3 years ago

4 0

Answer:

Labour is an active factor of production. It is the factor that starts production. Land and Capital alone cannot start production, so they are passive factors. They need the active factor of production, i.e. labour to be productive themselves.

You might be interested in

Coffer Co. is analyzing two potential investments.

MakcuM [25]

Answer:

d. Project X

Explanation:

For Project X

Year Net cash outflow Net cash inflow Balance

0 -$77,000 -$77,000

1 $28,000 -$49,000

2 $28,000 -$21,000

3 $28,000 $7,000

4 0 $7,000

Payback period = 2 + $21,000 ÷ $28,000

= 2 + 0.75

= 2.75 years

For Project Y

Year Net cash outflow Net cash inflow Balance

0 -$55,000 -$55,000

1 $2,000 -$53,000

2 $25,000 -$28000

3 $25,000 -$3,000

4 $20,000 $17,000

Payback period = 3 +3,000 ÷ 20,000

= 3 + 0.15

= 3.15 years

Project X has a lesser than 3 year payback period. So, the correct option is D

4 0

3 years ago

When returning to homeport from seaward and you see a red buoy how should you respond?

Dmitriy789 [7]

Keep the buoy on your starboard side. In addition, once disconnected from the boat in a swift river current, you must float on your back with your feet downstream and to avoid capsizing or swamping you must anchor from the bow reasonably than the stern.

3 0

3 years ago

at the beginning of the month there were no units in beginning work in process and 115,000 units were begun during the month. At

vlada-n [284]

Answer:

The equivalent units for conversion costs is 87,000 units

Explanation:

First, we need to calculate the completed during the month

Completed units = Units begun during the month - Units in Work in process

Completed units = 115,000 - 40,000

Completed units = 75,000 units

Now calculate the equivalent unit in respect of conversion cost as follow

Equivalent units ( Conversion cost ) = Units completed in the month + ( Units in work in process x percentage of completion )

Equivalent units ( Conversion cost ) = 75,000 units + ( 40,000 x 30% )

Equivalent units ( Conversion cost ) = 75,000 units + 12,000 unints

Equivalent units ( Conversion cost ) = 87,000 units

8 0

3 years ago

What is inflation?

Oxana [17]

What is inflation?

Monetary value of final goods and services produced within a country for a specific time period.

7 0

2 years ago

firm x projects an roe of 14% and it will maintain a pplowback ratio of .45 its earnings this year will be 3.60 per share invest

miskamm [114]

Answer:

$47.61 per share

Explanation:

As we know that:

Current Price = Expected Dividend / (Required Return - Growth Rate)

Here

Expected Dividend is $1.98 <u>(Step1)</u>

Required Return is 11%

Growth Rate is 6.3%

By putting values, we have:

Current Price = $1.98 / (0.11 - 0.063)

Current Price = $42.13

The price of Stock in 2 years will be adjusted by growth rate:

Price of Stock in 2 years = Current Price * (1 + Growth Rate)^2

Here

Current Price of the stock is $42.13 per share

Growth rate = ROE * Plowback Ratio = 14% * 0.45 = 6.30%

By putting values, we have:

Price of Stock in 2 years = $42.13 * 1.063^2

Price of Stock in 2 years = $47.61 per share

So, you should expect the share to sell at $47.61 in 2 years

<u>Step 1: Find Expected Dividend</u>

Expected Dividend = Expected Earnings * Payout Ratio

Here

Expected Earnings is $3.6 per share

Payout Ratio = 1 - Plowback Ratio = 1 - 0.45 = 55%

By putting values in the above equation, we have:

Expected Dividend = $3.60 * 55%

Expected Dividend = $1.98 per Share

3 0

4 years ago