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larisa [96]
2 years ago
5

A law passed increasing the minimum wage by 10%.

Business
1 answer:
MatroZZZ [7]2 years ago
6 0

The increase in the minimum wage in the economy would cause employers to increase charges that they give to consumers by about 4 percent.

<h3>What is the impact of minimum wage on goods?</h3>

When minimum wage is raised in the economy, it means that the employers of labor would have to pay more operational cost for labor.

The effect that this would have on goods is that the people that consume the goods would have to pay extra for them.

Based on research, an increase in minimum wage raises prices by 4 percent in the economy.

Read more on minimum wage here:brainly.com/question/1461885

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If two connected points objects pass through the same set of three points, the shapes created by each may be different, dependin
erastovalidia [21]

The statement is false.

The shapes might be different, basis the positioning of each object. It can be a round, diamond shape, etc.

6 0
3 years ago
Read 2 more answers
When Citizen, a watch company, uses a spokesperson such as singer Kelly Clarkson to promote its watches, it believes she is a(n)
aliya0001 [1]

Answer:

opinion leader

Explanation:

Based on the information provided within the question it can be said that in this situation Kelly Clarkson is believed to be an opinion leader. Individuals in this role influence others who look to them for their opinion, into buying the product that they are promoting. Which is exactly what the watch company Citizen is doing by hiring her to promote their watches through her platform.

7 0
3 years ago
Prepare a 2018 balance sheet for Rogers Corp. based on the following information: Cash = $250,000; Patents and copyrights = $720
spayn [35]

Answer:

Common stock balance= $1,039,000

Explanation:

A balance sheet can be described as a financial statement that presents the assets, liabilities and shareholders' equity of a company.

Common stock refers to the security such shares that represents ownership in a company.

In order to determine the common stock account balance for Rogers Corp., its balance sheet is first prepared as follows:

Rogers Corp.

Balance Sheet

For the year 2018

<u>Particulars                                              $                         $             </u>

Intangible Assets:

Patents and copyrights                                                720,000

Tangible Assets:

Net fixed assets                                                         3,400,000

Current Assets:

Cash                                                   250,000

Accounts receivable                          129,000

Inventory                                        <u>    345,000  </u>

Total Current Assets                         724,000

Current Liabilities:

Accounts payable                            (530,000)

Notes payable                              <u>    (190,000)  </u>

Working Capital                                                                4,000

Long-term Liabilities:

Long-term debt                                                        <u>  (1,830,000) </u>

Net Total Assets                                                      <u>   2,294,000  </u>

Financed by:

Common stock (w.1)                                                   1,039,000

Accumulated retained earnings                            <u>    1,255,000   </u>

Owners' Equity                                                     <u>     2,294,000   </u>

Workings:

w.1: Common stock balance = Net total assets - Accumulated retained earnings = $2,294,000 - $1,255,000 = $1,039,000

4 0
4 years ago
Mary’s Flower Boutique needs to ship finished goods from its manufacturing facility to its distribution warehouse. Annual demand
docker41 [41]

Answer: The calculation is as follows:

Explanation:

Given that,

Annual demand = 2000 flowers

Regular parcel service = 3 days transit time

Premium parcel service = 1 day transit time

Public carrier = 5 days transit time

(1) Average annual transportation inventory for Regular parcel service:

⇒ \frac{Annual\ demand\ \times\ Regular\ Service}{365}

= \frac{2000 \times\ 3}{365}

= 16.43

(2) Average annual transportation inventory for Premium parcel service:

⇒ \frac{Annual\ demand\ \times\ Premium\ Service}{365}

= \frac{2000 \times\ 1}{365}

= 5.47

(3) Average annual transportation inventory for Public carrier:

⇒ \frac{Annual\ demand\ \times\ Public\ carrier}{365}

= \frac{2000 \times\ 5}{365}

= 27.39

5 0
4 years ago
3. When you rely on other people too much, you could lose control of your life plan. Name
ANEK [815]

Answer:

First, a person must not depend on anyone in his work. A person must develop plans for his own development and the ability to do all his work on his own, but sometimes a person may be forced to use the help of others and this is not a mistake. We all need each other, but without using dependence as a permanent habit

6 0
3 years ago
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