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Rus_ich [418]
3 years ago
13

Which model allows private companies to set up manufacturing units on prison grounds or purchase goods made by inmates in shops

owned and operated by the corrections department
Business
1 answer:
nadya68 [22]3 years ago
6 0

Answer:

private prison enterprise

Explanation:

A public jail is not a profit-generating enterprise. The eventual objective is to house jailed prisoners in an effort to rehabilitate them or remove them from the streets. A private jail, on the other hand, is administered by a business. That corporation’s final purpose is to profit from everything they deal in.

In order to generate money as a private jail, the firm gets into a contract with the government. This contract should indicate the basis for payment to the company. It might be based on the size of the jail, based on a monthly or annual predetermined sum, or in most situations, it is paid depending on the number of convicts that the prison holds.

As of 2019, there are around 116,000 inmates detained in private prisons, which constitutes 8 percent of the overall federal and state prison population.

Many of these jails save the government money, but others actually cost more per prisoner than a public institution would cost.

You might be interested in
The central bank uses a ____________________ monetary policy to offset business related economic contractions and expansions? la
Kamila [148]

Answer:

d.countercyclical

Explanation:

The central bank uses a d.countercyclical monetary policy to offset business related economic contractions and expansions. This is because monetary policy is meant to offset the natural business cycle.

7 0
3 years ago
Division ABC has $750,000 invested in assets and earned $200,000 in income. Division XYZ has $800,000 invested in assets and ear
Rus_ich [418]

Answer:

Division XYZ has the highest residual income

Explanation:

Residual income is the excess of the controllable profit over the opportunity cost of capital invested.

It is used to appraise and evaluate the performance of separate divisions of the same company where different managers are responsible for each

It is computed as follows:

Residual income = Controllable profit - (cost of capital× operating assets)

<em>Division ABC</em>

Residual income = 200,000 - (10%×750,000) = $125,000

Residual income= $125,000

<em />

<em>Division XYZ</em>

Residual income = 210,000 - (10% ×800,000) = $130 ,000

Residual income= $130,000

Division XYZ has a higher residual income of $130,000 compared to the $125,000 of division ABC. A difference of $5,000 higher.

4 0
3 years ago
JTL has 148,000 shares of stock outstanding. The firm has extra cash so it announced this morning that it is willing to repurcha
MrRissso [65]

Answer:

A tender offer.

Explanation:

This is simple explained to be the offer put to place to execute a work or even services for a said/given price. These offers are typically said to be done publicly; shareholders in some cases a been put to place to sell their shares for a specified price and within a particular window of time. Target sales orders which are been tabled/offered are been usually placed at certain premium value which are effective in market price and is often contingent upon a minimum or a maximum number of shares sold. In many other cases, tender are seen to be in security forms or other non-cash alternatives are offered in exchange for shares.

3 0
3 years ago
Organizing the second level of the Work Breakdown Structure by major design components facilitates rolling wave planning.True /
bazaltina [42]

Answer:

The statement is false

Explanation:

WBS stands for Work Breakdown Structure is the outcome or output that is oriented analysis of the work, comprise in the project and describe the aggregate scope of the project.

It provides the basis for managing as well as planning the schedule of the project and the budget.

And organizing the second level of WBS, states the objectivities of the project, therefore, it does not facilitates the rolling wave planning through the design components.

4 0
3 years ago
Gail K. Company manufactures waterproof cell phone covers. During the current month, the purchasing manager purchased $26,700 of
Marianna [84]

Answer:

D : $88,800

Explanation:

<u>Cost of goods manufactured :</u>

Direct Material used in production                         $ 21,300

Indirect Material used in production                       $  3,700

Direct Labour                                                           $ 34,100

Direct Labour                                                           $  5,900

Manufacturing overhead                                       <u> $ 16,600 </u>

Total Manufacturing cost                                        $ 75100

Add:Beginning Work in process inventory            $7,200

Less: Ending Work in process inventory                <u>$ 0       </u>

Cost of Goods Manufactured                                 <u>$88,800</u>

6 0
3 years ago
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