The option that is most likely reason the workers elected to unionize is option C: concerns about their freedom for managing employees
What problems are there in an organization?When an employee does not feel content in their job, it is called job discontent. This may be the result of a variety of personal and professional factors, including a lack of advancement, subpar management, a lack of work-life balance, and others.
Note that Poor management is a major factor in why workers perform poorly at work and as such the workers in the above scenario are in dissatisfaction with the management.
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the united auto workers bargained for higher wages and more benefits for autoworkers. as a result of the higher wages and increased benefits, i. the quantity of new automobiles supplied decreases. ii. the supply of new automobiles decreases. iii. the supply of new automobiles increases.
The united auto workers bargained for higher wages and more benefits for auto workers, and as a result of the higher wages and increased benefits, the supply of new automobiles decreased.
So, the correct option is ii.
The number due to continued labor shortages and the fact that workers didn't always feel valued while putting in long hours during the epidemic, they have become more confident in demanding more from their employers. Fewer cars are produced. The UAW is battling in the state and federal capitals for fairer taxation, cleaner air and water, stronger worker's compensation and unemployment insurance legislation, safe health care and pensions for retirees, and better schools for children.
The United Car Workers Union is a labor group that represents employees in the auto manufacturing sector as well as small manufacturers, state and local governments, educational institutions, medical facilities, and for-profit businesses.
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raul is considering going to college for another year. he is creating a chart of the costs and benefits of this decision. he knows that tuition will cost $10,000, but he has a scholarship for $8,500. should he decide to attend the college? how much should he put for tuition in the cost column of his chart?
Yes, Raul should attend college and must put in $1500 in tuition
Raul should think about enrolling in the college given the financial situation indicated in the question, mainly because he has a scholarship that allows him to do so at a significantly lower cost. This scholarship is crucial since it lowers costs. Raul has the chance to enjoy all the advantages of attending college without having to pay a hefty price thanks to the dramatic decrease in cost.
Financial possibilities are frequently uncommon and ought to be seized whenever they arise. Therefore, we can affirm that Raul ought to choose to enrol in college to take a financial chance and reap the same anticipated benefits for a tiny fraction of the initial service cost.
The total cost to be put in for tuition will be -
Tuition Amount - Scholarship Amount
= 10,000 - 8500
= 1500
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In response to increased consumer demand for healthful beverages, some soft-drink companies introduced new product lines of flavored water and fruit juices in order to ________blank their product mix.
In response to increased consumer demand for healthful beverages, some soft-drink companies introduced new product lines of flavored water and fruit juices in order to broaden their product mix
Product mix sometimes referred to as product portfolio, is the full set of products and or/or services offered by a company or business. The product mix has three dimensions:
Width or breadth, which is the number of product lines offered by a company.Length, which is the total number of products offered in a product mix.Depth, which is the variation within a product line.Expanding a product mix may help a company to its consumer's preferences or demands. If successful, it may generate profits for the company as well as give a better company brand image.
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active mutual funds: please choose the correct answer from the following choices, and then select the submit answer button. answer choices involve people actively investing their own money in many firms. involve a manager investing one customer's money in many firms. tend to charge higher-than-average management fees. are automated to mimic a broad stock market index.
A professional portfolio manager or team of managers selects the underlying investments for the portfolio in an actively managed fund. In fact, one of the reasons you would choose a specific fund is to gain access to the experience of its professional managers.
What is the Active mutual fund?An actively managed fund is one in which the fund manager is more involved in decision-making and actively monitors the addition and removal of stocks and bonds from the mutual fund's portfolio. The fund management cannot influence the movement of the underlying assets in passively managed funds.Choosing mutual funds with portfolio managers who select investments based on an independent evaluation of their worth is an important component of active investing; in other words, they seek to select the most appealing investments. Active managers typically strive to "beat the market" or outperform predetermined benchmarks.When things go well, actively managed funds have the potential to consistently outperform the market, even after fees are paid.To learn more about Active mutual fund refer to:
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which of the following statements regarding exporting is false? group of answer choices because it is the easiest form of going international, exports are not as important to the us economy. export can be indirect where companies rely on intermediaries to sell overseas. export can be of the passive form where overseas orders are treated like domestic orders. exporting is the easiest of entry-mode strategies.
The statement regarding exporting is false is because it is the easiest form of going international, exports are not as important to the US economy. Because in the real fact, exporting is the main point for US economy.
Exporting can be described as the process by which companies from one country sell their services and goods to consumers or companies in a different country. In the global trade, the foreign buyer in exporting is called as an importer which the seller of such goods or the service provider in exporting is called as an exporter. There are two types of exporting, such as direct exporting and indirect exporting.
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a company has declared a dividend of $6.75 per share on its stock. capital gains are not taxed. suppose the irs has issued a new regulation that requires taxes of 25 percent be withheld at the time the dividend is paid. the stock currently sells for $106.15 per share. what will the ex-dividend price be?
The ex-dividend price of the share will be $101.09
A dividend is a gift that a business delivers to its shareholders, whether it be cash or something else. Dividends may be distributed in a number of ways, including stock dividends, cash payments, and other forms. The board of directors of a corporation determines its dividend, and shareholders must approve it.
Dividend per share = $6.75
Tax percentage = 25%
The selling price of the stock = $106.15
After-tax dividend amount:
= 6.75(1 - 0.25) = 5.06
The stock price will drop by the aftertax dividend amount:
Ex-dividend price = Selling price - After tax dividend amount
= 106.15 - 5.06
= 101.09
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Match the items with their descriptions.
copyright owner
fair use of copyright materials
government publications
a life span of 20 years
use and display the copyrighted material
exempt from the Copyright Law
paraphrase articles for news reports
patents
Each of the items should be matched with the correct and appropriate descriptions as follows:
Government publications: a life span of 20 years.Copyright owner: use and display the copyrighted material.Fair use of copyright materials: exempt from the copyright law.Patents: paraphrase articles for news reports.What is copyright law?Copyright law simply refers to a set of formal rules and regulations that are granted by the government to protect an intellectual property (IP), especially by giving the creator or original author an exclusive right to use during his or her lifetime, while preventing any unauthorized access, unlawful use or duplication by other parties.
In this context, we can reasonably infer and logically deduce that a copyright grants a creator the exclusive right to use the creation during his or her lifetime, including the creator's heirs for 70 years after the creator's death.
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Government publications- a life span of 20 years. Copyright owner - use and display the copyrighted material. Fair use of copyright materials - exempt from the copyright law. Patents - paraphrase articles for news reports.
What is Government publications?A government publication is defined as "informational material issued as an individual document at Government expense, or as required by law" under the United States Code.
Census data, statistical information, reports, journal articles, Royal Commission findings, parliamentary documents, legislation, and legal citations are a few examples of government publications.
Thus, statements are match correctly above.
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If a business strategy and corporate culture are in conflict the __________ will win, regardless of the strength and effectiveness of the strategy.
If a business strategy and corporate culture are in conflict the corporate culture will win, regardless of the strength and effectiveness of the strategy.
Corporate culture is the behavior and belief that determine how a business's employees interact with each other. There are plenty of things that reflect a company's culture, such as but not limited to:
Business hoursEmployee dress codeEmployee benefitTurnover rateHiring decisionsOffice setupClient treatment and satisfactionCorporate culture can be shaped intentionally or grown organically by the employees. It will affect the business practice and every other aspect of the business. Employees and candidates would be more interested and eager to engage with a culture that they're comfortable and identify with.
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kayden invests $4100 in two different accounts. the first account paid 3 %, the second account paid 2 % in interest. at the end of the first year he had earned $107 in interest. how much was in each account?
The first account paid of amount $2500 is paid at 3% and the second account paid of amount $1600 is paid at 2%.
Let $x in first account and $y in second account
⇒ x + y = 4100 → eq1
and Interest earned = $107
∴ ( 3% of x ) + ( 2% of y ) = 107
⇒ 0.03 x + 0.02 y = 107 → 2
Multiply eq1 by 0.03 and subtract it from eq2, we get
( 0.03 x + 0.02 y ) - 0.03 ( x + y ) = 107 - 0.03 × 4100
⇒ 0.02 y - 0.03 y = 107 - 123
⇒ - 0.01 y = - 16
⇒ y = -16/-0.01
⇒ y = 1600
∴ x + 1600 = 4100 ⇒ 2500
Thus, $2500 at 3%
$1600 at 2%
Interest is the cost of borrowing money and is typically stated as a percentage, such an annual percentage rate (APR).Lenders may charge interest for the use of their money, or borrowers may charge interest for the use of those funds.Simple interest (based on the principle amount) or compound interest are two common definitions of interest (based on principal and previously-earned interest).Interest is frequently linked to credit cards, mortgages, auto loans, personal loans, savings accounts, or fines.The macroeconomic policies set by the Federal Reserve's Federal funds rate heavily influence interest rates.Learn more about Interest, here
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which of the following is a characteristic of high-contact services? high-contact services can work at average demand levels. high-contact services require higher prices and more customization. high-contact services require employees with administrative/technical skills and efficient service delivery methods. high-contact services are used when face-to-face interaction is not required.
High-contact services demand more customization and more prices. It is a trait of services with a high level of contact. Services with High Contact High contact service involves interactions between clients and the company during service delivery.
The strategy you choose to providing customer service can have a significant impact on the success of your company. Although there are many ways to manage customer service delivery, the two main approaches are high-contact services and low-contact services.
Longer conversation times, better communication understanding, and richer information exchange are traits of a high-contact environment of services. The customer is physically and visibly exposed to the service provider.
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which one of the following is not one of the master data that are relevant to the purchasing process? a. material master b. vendor master c. sales master d. purchasing info records e. conditions
The correct options are e. Conditions are master data that are not relevant to the purchasing process.
The buyer typically prepares the specs for the purchasing after recognizing the demand for the product. The choosing or tendering procedure used in the market helps identify a suitable item and supplier. The conditions and terms of the transaction for the items being acquired are then negotiated by the buyer and seller. Once an agreement has been achieved, the buyer issues a contract, an accepted pro-forma invoice, or a purchasing order. The purchaser may compare this to a framework agreement that has already been negotiated with suppliers of their choice. The delivery schedule mentioned in the sales contract governs how the goods will be transported. Following delivery acceptance, the seller creates a business invoice for payment. In accordance with the contract, the purchaser processes the payment.
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three components down, one to go! that last component is called net exports. for example, let's start with an economy with consumption of $350, economic investment of $200, and government purchases of $180. if overall gdp calculated via the expenditure method is $700, then what must that tell us about net exports?
The situation tells us that net export must be less than economic investment.
A country's overall trade is gauged by its net exports. The calculation of net exports is as easy as subtracting the value of all the products and services a country exports from the value of all goods and services it imports. A country with positive net exports has a trade surplus, whereas a country with negative net exports suffers a trade deficit. Thus, a country's net exports are a part of its overall trade balance. A nation with positive net exports makes more money from items sold abroad than it does from all of its imports. All of the products and services that a nation exports to other countries include goods, freight, travel, tourism, and communications or economic transactions include net exports.
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carlos is an hr manager in a manufacturing plant who wants to motivate his employees. he uses job characteristics theory to guide him. one step carlos will take is:
Helping workers understand how their efforts result in a finished product that pleases customers is one action Carlos will take as an HR manager who wants to motivate his employees.
What are the 5 core job characteristics in the Job Characteristics Theory.The five "core" job characteristics according to the Job Characteristics Theory are:
Skill Variety: The extent to which different activities are required in the profession, necessitating the development of a variety of skills and talents on the part of the employee.Task Identity: The extent to which the job demands the employee to identify and carry out a task from beginning to end so that the result is obvious.Task Significance: The impact a job has on other people's life. The effects could be felt within or externally.Autonomy: How much flexibility, independence, and discretion is given to an employee to plan out the task and choose the processes to be followed?Feedback: How much knowledge of the outcomes, i.e., precise, understandable, thorough, and useful information on the success of his or her performance-related activity, does the employee have?To know more about, Job Characteristics Theory, visit :
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a 11-year, semiannual coupon bond sells for $938.52. the bond has a par value of $1,000 and a yield to maturity of 6.45 percent. what is the bond's coupon rate?
The coupon rate is calculated by multiplying the bond's face value, sometimes referred to as its "par value," by the sum of all annual bond payments. The bond's coupon rate 6.08%
How is the coupon rate calculated?The coupon rate is calculated by multiplying the bond's face value, sometimes referred to as its "par value," by the sum of all annual bond payments.
The coupon rate is the annual return an investor could expect while holding a certain bond. It exists determined at the time the bond is issued and is computed by dividing the sum of the annual coupon payments by the par value.
N = 22
I/Y = 6.51/2 = 3.255
PV = $952.52
FV = $1,000
PMT = $30.40
Coupon rate = ($30.40 × 2)/ $1,000 = .0608, or 6.08%
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who among the following individuals received an intrinsic reward? jake, who received a one-time payment from the management for his 7-year tenure at the company fiona, who received a travel voucher for exceeding the monthly sales target shiraz, who was allowed to choose the work project that interested him the most for his next assignment ritu, who was given the option of buying the company stocks as a reward for her exceptional leadership
Ritu received the intrinsic reward who was allowed to choose the work project that interested her the most for the next assignment.
Employees that do a good job at their jobs are intrinsic reward. These are frequently psychological and may include a sense of accomplishment and pride for making particular progress at work. Since everyone may feel rewarded for different accomplishments, such as finishing tasks, developing new skills, or supporting a team effort, each person may experience intrinsic rewards that are different from one another.
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the preferred stock is cumulative and nonparticipating. no dividends were paid in year 1 or year 2. in year 3, linx declared a dividend of $90,000. the common stockholders will receive a dividend of
Dividends Payable—Preferred 15,000. Dividends Payable—Common 75,000. Dividends declared payable to shareholders by a company's board of directors are known as dividends payable.
What dividends payable ?Dividends declared payable to shareholders by a company's board of directors are known as dividends payable. The cash amount of the dividend is recorded as a current liability in a dividends payable account until the corporation actually pays the shareholders.
Dividends payable is an unusual kind of responsibility because it involves the company's commitment to pay its own shareholders, whereas other sorts of liabilities typically involve obligations to totally different third parties, such suppliers or lenders.
Dividends payable, however, should be regarded as a legitimate debt because they result in the departure of funds from the corporation and a legal responsibility to pay.
Since it suggests that the business has had such a successful year that it can afford to pay a sizable distribution to its shareholders, a substantial dividend liabilities can be interpreted as an indicator of firm profitability.
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a company acquires equipment for $50,000 and expects to use the equipment for 5 years. salvage value at the end is expected to be $10,000. the amount of annual depreciation by the straight-line method is $
The amount of annual depreciation by the straight-line method is $8000.
What is annual depreciation?Annual depreciation is described as the rate at which an asset or equipment loses its value after it is purchased and used. It is important to mention that the fixed asset loses its value and the depreciation takes annually. It can also be highlighted that any asset can lose its value especially when it undergoes wear and tear, and due to its usage, it loses its original value.
Given that,
Cost of the equipment = $50,000
Salvage value = $10,000
Useful life = 5 years
As per the formula of annual depreciation by the straight-line method,
Annual depreciation = (cost of the equipment - salvage value)/life = (50,000 -10,000)/5 = 40,000/5 = $8000
It can be concluded that the amount of annual depreciation by the straight-line method is $8000.
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a commercial bank sells a treasury bond to the federal reserve for $100,000. the potential money supply: multiple choice decreases. increases. is unaffected by the transaction.
A commercial bank sells a treasury bond to the federal reserve for $100,000 the potential money supply, increases.
What is the potential for making money?The process through which a nation, or an economic or monetary region, increases its money supply is known as money creation, sometimes known as money issuance. When a country's money supply is measured, the entire amount of cash and other liquid assets that are in circulation are referred to as the money supply. The following are the formulas for calculating changes in the money supply. First, Money Multiplier equals Reserve Ratio / 1. Use the equation Change in Money Supply = Change in Reserves × Money Multiplier to get the maximum change in the money supply.
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the first thing analise does when she arrives in italy is to convert her u.s. dollars to euros. she will do this through the multiple choice currency market. foreign exchange market. carry trade market. world bank.
She will convert her US dollars to Euros in Foreign Exchange Market.
A global decentralized or over-the-counter market for trading currencies is known as the foreign exchange market. For every currency, exchange rates are set by this market. It covers all facets of purchasing, selling, and exchanging currencies at established or current rates.A global exchange market for national currencies is the foreign exchange market, commonly referred to as the forex market or FX market. Due to the worldwide nature of commerce, industry, and finance, the forex markets often rank among the largest and most liquid asset markets in the world. Currencies are exchanged against one another as exchange rate pairs.Purchasing one currency while selling another is the act of investing in foreign exchange. The foreign exchange market, or "forex," is used for this. Trading forex always takes place in pairs.Thus this is the meaning of Foreign Exchange Market.
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what were the goals of taylor's scientific management? benefit the worker benefit the firm increase focus on human factors increase worker productivity
The goals of Taylor's scientific management were to increase worker productivity.
What is Taylor's Scientific Management?It was an approach developed in the 19th and 20th century on the application of a methodology based on scientific, to guarantee greater structuring and organization to the administration, through standardization, rationalization of work and operational efficiency.
The focus of the administrative current proposed by Taylor was to increase the productivity of employees and profitability of organizations through the maximum and structured use of organizational resources.
Therefore, scientific management focused on the company and not on the employees, the focus was on the development of work through effective methods to reduce time, waste and costs through a focus on increasing productivity.
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suppose an annuity pays 12% annual interest, compounded monthly. to save for retirement, you invest in this annuity, contributing $450 every month for 10 years. what is the balance in this account after 10 years? enter your answer rounded to the nearest hundred dollars and omit the dollar sign and comma. (for example $12,970.21 should be entered as 13000).
The value of annuity at the end of 10 years is $ 4225.094167
Use a formula to determine the annuity in case of periodically deposit as
Annuity factor = {[(1+r)^n] - 1} / r
Where P is periodic deposit amount interests,
r rate annually is the number of times compounded annually and
t is time in a year.
We have been given that investment in an annuity that pays 12% interest, compounded annually. You contribute $4,50 each year for 10 years
Here,
P = $450, r = 12% = 0.012,
t =10 years
Annuity factor = [(1 + 0.012)^10-1] / 0.012
Annuity factor = 4225.094167
The value of annuity at the end of 10 years is $ 4225.094167
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Dividing a market into smaller segments of buyers with distinct needs or behaviors that might require separate marketing strategies is known as __________.
Dividing a market into smaller segments of buyers with distinct needs or behaviors that might require separate marketing strategies is known asmarket segmentation
What is the process of dividing a market into smaller groups? Market segmentation refers to “dividing a market into smaller segments of buyers with distinct needs, characteristics, or behaviors that might require separate marketing strategies or mixes,” targeting is defined as “evaluating each market segment's attractiveness and selecting one or more segments to enter,” Based on demographics, demands, goals, shared interests, and other psychographic or behavioral characteristics used to better understand the target audience, market segmentation divides a market into subsets.You may use this targeting in your product, sales, and marketing efforts by analyzing your market segments. The four primary categories of market segmentation are thought to be geographic, psychographic, behavioral, and demographic; however, there are many other tactics you can employ, as well as countless variants on the four primary types. Three Different Types of Segmentation and Their Use psychologically based segmentation.The values, beliefs, perceptions, attitudes, interests, and actions of the consumer are taken into account by this segmentation technique.segmentation based on demographics.segmentation by location.To learn more about market segmentation refer
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the equilibrium price in this market is $2.50 and the equilibrium quantity is 25 units. if the government imposes a tax of $3 in this market, only 10 units will be sold, and the government will receive total tax revenue of: a $20.00 b $75.00 c $60.00 d $100 e $30.00
Tax revenue is the money that the government receives from taxation.
The federal government will get The total tax take is $75.00.
What is tax revenue?Tax revenue is the money that the government receives from taxation. The majority of the government's funding comes from taxes. Sources of income include people, public enterprises, trade, royalties from the sale of natural resources, and/or foreign aid.
Income and profit taxes, Social Security "contributions," taxes on goods and services, commonly referred to as "consumption taxes," payroll taxes, levies on the ownership and transfer of property, and other taxes are all included in the definition of "tax revenue."
A tax revenue is something that all households, businesses, and other institutional entities are required to pay to the government. Direct and indirect taxes generate several types of tax revenue.
The federal government will get The total tax take is $75.00.
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raul needed an expensive piece of equipment to expand his business. he borrowed the money from the bank and pledged the equipment as . if raul does not repay the loan, the bank can take his equipment. a. long-term debt b. a depreciable asset c. collateral d. a promissory note
Raúl needed an expensive piece of equipment to expand his business. he borrowed the money from the bank and pledged the equipment as c. collateral. if Raúl does not repay the loan, the bank can take his equipment.
Collateral is any asset or property that a bank accepts as security for extending credit. In order to reassure the lender that they would be able to repay the loan, the borrower gives collateral. The bank or lender may confiscate the asset pledged as collateral if the borrower is unable to repay the debt. To recoup some or all of his losses, the lender will sell it.
The pricey machinery in Raul's case serves as collateral. If he doesn't repay the loan, the bank will sell the machinery to recoup its funds. Financial assets, such as savings accounts or investment portfolio accounts, can be used as collateral instead of tangible assets.
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If you are looking for information about financial aid at many different institutes of higher education, who should you contact?.
A cosigner and the borrower share equal responsibility for repaying the debt, but a parent loan places all of the burden on the parent.
What exactly does EFC mean?
Colleges utilize an index number called your Expected Family Contribution (EFC) to calculate how much financial help you are eligible for. Your EFC is determined using the data from your Free Application for Federal Student Aid (FAFSA®) and a methodology set by law.
Why is it conceivable that you can receive less money than you borrowed in loans?
A loan works on a rather simple principle: you borrow money, then you pay it back. However, the amount you owe is greater than what you borrowed. This is a result of the interest and fees that a lender assesses you for using its funds. It is additionally known as a finance charge.
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a company that makes a commercial with a person who does an excellent, realistic job of pretending to be a famous movie star could be sued by the real actor for the tort of:
Commercial exploitation , All actions taken to profit financially from one's property are referred to as commercial exploitation.
What is Commercial exploitation?
All operations utilized to obtain a business gain from one's property are referred to as commercial exploitation.
The term commercial exploitation of topography refers to any activity that directly relates to the production of an integrated circuit or a whether it be through manufacturing, selling, renting, leasing, or any other methods of commercial distribution.
According to ILO documentation, economic exploitation refers to forced labor in traditional economic sectors, primarily agriculture. According to ILO estimates, there are around million individuals working in a variety of labor-intensive industries under forced labor.
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johnson's selling and administrative budget is based on budgeted unit sales, which are 4,600 units for august. the variable selling and administrative expense is $7.30 per unit. the budgeted fixed selling and administrative expense is $51,980 per month, which includes depreciation of $6,440 per month. the remainder of the fixed selling and administrative expense represents current cash flows. the cash disbursements for selling and administrative expenses on the august selling and administrative expense budget should be:
The total cash disbursed for selling and administrative expenses for the month of August is $79120
Included under selling expenses are costs related to selling the company's goods. The costs the company incurs to run its business are included in the administrative expense.
Number of units sold by Johnson's = 4600 units
Variable selling and administrative expense per unit = $7.30 per unit
Total variable selling and administrative expense for 4600 units= 4600*7.30 = $33,580
Fixed selling and administrative expense = $51980
Depreciation per month = $6440
Fixed selling and administrative expense after deducting depreciation = 51980 - 6440 = $45540
Total cash disbursed for selling and administrative expense = Fixed selling and administrative expense + Variable selling and administrative expense for 4600 units
45540 + 33580 = $79120
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a company manufactures and sells a product for $124 per unit. the company's fixed costs are $69,960, and its variable costs are $94 per unit. the company's break-even point in units is:
The company's break-even point in units is 2332 if it sells a product for $124 per unit.
The break-even point is a term used in economics that describes the point at which the total expenses and the total revenue are equal
The break-even point can be determined by the following formula;
Break-even point = Fixed cost ÷ {Price - Variable cost}
As the company sells a product for $124 per unit and its fixed cost are $69,960 and variable costs are $94 per unit, substituting these values in the break-even point equation as follows;
Break-even point = 69,960 / (124 - 94)
Break-even point = 69,960 / 30
Break-even point = 2332
Hence, the company's break-even point in units is calculated to be 2332.
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on april 1, snell company made a $50,000 sale giving the customer terms of 3/10, n/30. the receivable was collected from the customer on april 8. how does the collection of cash from the customer affect the company's financial statements? balance sheet income statement statement of cash flows assets
We all know that 3/10, n/30 indicates that the consumer will receive a 3% discount if the payment is made within 10 days, but the payment must be made within 30 days.
Snell Company offered a 3% discount to customers as a result of selling the products on April 1 and receiving payment on April 8. The financial accounts will be as follows because there is a discount:
income declaration
Sales = $50,000
Less: Discount for sales (1,500)
$50,000 × 3%
$48,500 in sales on a net basis
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the labor force is 300 million, there are 270 million employed people. 20 million have stopped looking for work. all of these people are working-age non-institutionalized adults. what is the unemployment rate? no percent sign needed.
The rate of a nation's actively working labor force, which includes both employed and unemployed workers, is referred to as labor force participation in the labor market.
It is stated that there are 300 million people employed, of which 20 million are discouraged. As a result, there are now 280 million people employed. As a result, the following numbers can be used to estimate the LFPR:
LFPR equals 280/300 million working-age non-institutionalized adults, or 93.33 percent
Workforce: total number of employed and unemployed workers. Formula: The labor force is the sum of the employed and unemployed.
By dividing the number of unemployed people by the total number of people employed and then multiplying by 100, we can determine the unemployment rate.
Those in the civilian non-institutional population over the age of sixteen who are either employed or seeking employment are referred to as "in the labor force."
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