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3 years ago

12. What is OSHA's purpose?

Business

1 answer:

asambeis [7]3 years ago

4 0

Answer:

ansure safe and healthful working conditions for workers by setting and enforcing standards and by providing training, outreach, education and assistance.

Explanation:

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You want to buy a new sports coupe for $84,500, and the finance office at the dealership has quoted you an APR of 5.2 percent fo

just olya [345]

Answer:

Ans. Your monthly payments will be $1,602.37 ; The effective annual rate is 5.33%

Explanation:

Hi, first, we need to convert this APR rate into an effective monthly rate, that is, dividing 0.052/12 =0.00433 (or 0.4333%). Then we need to use the following equation and solve for A.

$PresentValue=\frac{A((1+r)^{n}-1) }{r(1+r)^{n} }$

Where:

PresentValue= 84,500

A = periodic payments (the monthly payments that you need to make)

r = 0.004333333

n=60 months

So, let´s solve for A.

$84,500=\frac{A((1+0.004333333)^{60}-1) }{0.004333333(1+0.004333333)^{60} }$

$84,500=\frac{0.296201791}{0.005616874} A$

$84,500=A(52.73427328)$

$A= 1,602.37$

Now, in order to find the effective annual rate, we need to use the following equation.

$r(EffectiveAnnual)=((1+r(EffectiveMonthly))^{12} -1$

Notice that to find an effective rate you have to start with another effective rate, otherwise it won´t work. So everything should look like this.

$r(EffectiveAnnual)=((1+0.004333333))^{12} -1=0.0533$

Meaning that the equivalent effective annual rate to 5.2% APR is 5.33% effective annual.

Best of luck.

6 0

3 years ago

When a closed economy is in equilibrium, we know with certainty that

faust18 [17]

Answer:

inward shift in the supply curve.

Explanation:

= I = S + (T-G). shift in the supply curve.

4 0

3 years ago

The Sons of Knute had a hunting lodge up on Loon Lake which burned down last winter. They plan to rebuild it this summer and are

agasfer [191]

Answer:

y = 2,250 sq.ft

Hence, 2,250 sq.ft is the efficient size for the new hunting lodge.

Note: It can vary according to the cost per sq.ft. In this problem, we have assumed it as $15.

Explanation:

Data Given:

Organization members = 50

Equation given = 1.2 - 0.0004y = for the goods and size of the lodge.

where, y is the size of the hunting lodge in sq.ft.

Required = What is the efficient size for the new hunting lodge? = So, we need to find the value of y.

Solution:

First of all, we need to assume the cost for each sq.ft required to build this hunting lodge. As we have not given the cost. If we do not put the value then we will get a general answer in terms of variables. So, it is better to assume some value.

Let's assume the value = $15 per sq.ft

And we have 50 members in the organization so, multiply it with the equation given above.

X = 50 x (1.2 - 0.0004y)

X = 60 - 0.02y

So in order to find y, we need to equate this X to our assumed value of $15.

60 - 0.02y = 15

60 - 15 = 0.02y

45 = 0.02y

y = 2,250 sq.ft

Hence, 2,250 sq.ft is the efficient size for the new hunting lodge.

Note: It can vary according to the cost per sq.ft. In this problem, we have assumed it as $15.

3 0

4 years ago

If firms pay what are called "efficiency wages", they pay wages that A. are lower than average to ensure maximum profit. B. low

aalyn [17]

Answer:

The correct option is (C)

Explanation:

Efficiency wages are higher than market wages that are paid by employers to motivate employees so that they perform better and their efficiency and productivity increase. Efficiency wages are directly proportional to productivity. The more the efficiency wage, higher will be labor productivity.

Efficiency wages are lie above equilibrium level. It helps in reducing labor turnover, improve labor efficiency and attract skilled employees.

5 0

3 years ago

Winsor Construction Company uses the percentage-of-completion method of accounting. In 2007, Winsor began work on a contract it

Aleksandr-060686 [28]

Answer:

The gross profit recognized in 2007 is $1,200,000

Explanation:

Use the following formula to the percentage of completion

Percentage of completion = Total Cost / Contract price

Total cost = Cost incurred to date + Estimated cost to complete = $3,600,000 + $2,400,000 = $6,000,000

Contract price = $7,500,000

Placing values in the formula

Percentage of completion = $6,000,000 / $7,500,000 = 0..80 = 80%

Use the following formula to calculate the gross profit

Gross profit = Contract price - Total Cost = $7,500,000 - $6,000,000 = $1,500,000

Now calculate the gross profit recognised as follow

Gross profit recognised = Gross profit x Percentage of completion = $1,500,000 x 80% = $1,200,000

4 0

3 years ago