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If a company employs two office assistants for every nine architects (a staffing ratio of 2:9) and it plans to expand and hire e

Art [367]

Answer:

4

Explanation:

Given:

A company employs two office assistants for every nine architects and

ratio is given = 2:9

Question asked:

How many new office assistants will it need to hire as it plans to hire eighteen new architects = ?

Solution:

Let ratio of new office assistants = $x$

Ratio of two office assistants for every nine architects = 2:9

By using formula of ratio and proportion:

Ratio of two office assistants for every nine architects : : ratio of new office assistants for eighteen new architects,

2 : 9 : : $x$ : 18

$\frac{2}{9} = \frac{x}{18} \\$

By cross multiplication,

$2\times18 = x \times18\\36 = 9 x$

Dividing both side by 9,

$x = 4$

Thus, 4 new office assistants will it need to hire.

8 0

3 years ago

Mayree is the owner of Spines Books, a small eclectic-style bookstore in a bustling college town. Mayree prides herself in selec

baherus [9]

Answer:

Inventory turnover

Explanation:

Inventory turnover is the ratio which states how many times the company has sold as well as replaced the inventory during the stated period. The company could divide the days in the year through the formula of inventory turnover in order to compute the days it need to sell the inventory.

So, in the case, if she compute the inventory turnover ratio for the store and then compare with other stores. And higher inventory turnover ratio states the greater amount of efficiency in the business operations. The objective is to maximize the use of the cash and minimize the inventories.

8 0

3 years ago

The two vital ongoing activities necessary for creating boundaryless organizations that managers today must concern themselves w

Over [174]

The two vital ongoing activities necessary for creating boundaryless organisations are TYPE OF STRUCTURE, MECHANISMS, PROCESSES AND TECHNIQUES FOR ENHANCING PERMEABILITY.
A bourndaryless organisation is a concept in organization design. A boundaryless organisation refers to an organisation which is not define by or limited to the vertical, horizontal and the external boundaries which are imposed by pre defined structures.<span />

7 0

3 years ago

Calculating Earnings per Share Little, Inc., reported earnings of $162,000 for 2013, and at the end of the year, had the followi

ehidna [41]

Answer:

(a) Basic earnings per share = $2.70 per share

(b) Diluted earnings per share = $2.38 per share

Explanation:

(a) Calculate the basic earnings per share for Little, Inc. for 2013. Round to two decimal places.

Basic earnings per share = Earnings / Number of shares of common stock .......... (1)

Where;

Earnings = $162,000

Number of shares of common stock = 60,000

Substituting the values into equation (1), we have:

Basic earnings per share = $162,000 / 60,000 = $2.70 per share

(b) Calculate the diluted earnings per share for Little, Inc. for 2013. Round to two decimal places.

Diluted earnings per share = Earnings / (Number of shares of common stock + Number of common shares for employee stock options) ............ (2)

Where;

Earnings = $162,000

Number of shares of common stock = 60,000

Number of common shares for employee stock options = 8,000

Substituting the values into equation (2), we have:

Diluted earnings per share = $162,000 / (60,000 + 8,000) = $162,000 / 68,000 = $2.38 per share

5 0

3 years ago

Read 2 more answers

What change is taking place on this graph?

makvit [3.9K]

Change in the price of the good results in the movement along the same demand curve.

Factors other than price results in the shift in demand curve.

A rightward shift in demand would increase the quantity demanded at all prices compared to the original demand curve.

While a left shift indicates decrease in demand.

In the given graph , there is a rightward shift of the demand curve from left to the right ( D1 to D2), Thus we can say that there is an increase in demand.

6 0

3 years ago

Read 2 more answers