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Nataly_w [17]
2 years ago
14

If the lowest-paid employee earned $15,000 a year, what would the maximum salary be for the highest-paid manager under the 7-to-

1 rule?
Business
1 answer:
romanna [79]2 years ago
4 0

Under the 7-to-1 rule, the maximum salary that would be paid to the highest-paid manager is $105,000.

Data and Calculations:

Lowest-paid employee's annual earnings =$15,000

Maximum-Minimum Salary Rule = 7-to-1

The maximum salary paid to the highest-paid manager = $105,000 ($15,000 x 7).

Thus, the maximum salary paid to the highest-paid manager under the company's 7-to-1 rule is $105,000.

Learn more: brainly.com/question/3854368

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Why are pricing decisions important to organization?
gregori [183]

Answer:

  • Pricing is important since it defines the value that your product are worth for you to make and for your customers to use.
8 0
2 years ago
Monetarists reject using discretionary monetary policy as an effective stabilization tool because they believe:_____.
WINSTONCH [101]

Monetarists reject using discretionary monetary policy as an effective stabilization tool because they believe the Fed will miss its money supply targets and make the economy worse.

Monetary policy is the macroeconomic policy set by the central bank. It involves the management of the money supply and interest rates, and is the demand-side economic policy adopted by national governments to achieve macroeconomic goals such as inflation, consumption, growth and liquidity.

Monetary policy is the action and communication of the central bank that controls the money supply. Central banks use monetary policy to prevent inflation, reduce unemployment, and promote moderate long-term interest rates.

Monetary policy refers to the measures taken by a country's central bank to control the money supply in order to stabilize the economy.

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3 0
1 year ago
In a production application involving a fixed setup cost and a variable cost, the use of __________ makes including the setup co
IRISSAK [1]

Answer:

The correct answer is binary variables.

Explanation:

A binary variable is one that can only have two possible values. They generally fulfill two essential characteristics:

1. They are made up of two exhausting values, which indicates that there is no other possibility of response. For example, a person is female or male.

2. Both values of the variable are exclusive, that is, it is not possible that both responses can be given, only one. In the same example above, a customer cannot be a woman and a man at the same time.

8 0
3 years ago
Concern about an international crisis has caused consumers to save their money and postpone big purchases. what is the effect on
noname [10]
Had to look for the options and here is my answer.
The issue about the international crisis made a great impact on consumers and this made them save their money and postponed big purchases. How this affected on aggregate demand and aggregate supply is that aggregate supply will decrease, which would lower both the price level and the real GDP. Hope this helps.
6 0
3 years ago
Read 2 more answers
Sunland Company took a physical inventory on December 31 and determined that goods costing $190,500 were on hand. Not included i
Sergio [31]

Answer:

$241,500

Explanation:

Calculation for What amount should Sunland report as its December 31 inventory

December 31 inventory per physical count $190,500

Add Goods-in-transit purchased FOB shipping point $29,000

Add Goods-in-transit sold FOB destination $22,000

December 31 Inventory $241,500

($190,500 + $29,000 + $22,000 = $241,500)

Therefore What amount should Sunland report as its December 31 inventory is $241,500

8 0
2 years ago
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