When a firm pays a wage that is higher than the market wage in order to increase worker productivity, the wage is called?

Answers

Answer 1

When a firm pays a wage that is higher than the market wage in order to increase worker productivity, the wage is called an "efficiency wage."

An efficiency wage is a wage rate that is set above the equilibrium market wage. The purpose of paying an efficiency wage is to motivate workers to perform at a higher level and increase their productivity. By offering a higher wage, the firm aims to attract and retain high-quality workers, reduce turnover, and improve overall efficiency and profitability. There are a few reasons why firms may choose to pay an efficiency wage. One reason is that a higher wage can act as an incentive for workers to work harder and be more committed to their jobs.

When workers are paid more, they may feel a sense of gratitude and loyalty towards the company, leading to increased effort and productivity. Moreover, paying an efficiency wage can also help firms attract and retain the most skilled and productive workers. By offering a wage that is higher than what other firms in the market are paying, the firm can stand out and attract talented individuals. Additionally, a higher wage can create a sense of competition among workers, as they strive to maintain their higher-paying jobs, which can further drive productivity.

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Related Questions

Type the correct answer in the box, Spell all words correctly.
What kind of advertisements would a company be unable to measure with standardized tests?
A company would be unable to measure_______with standardized tests.

Type the correct answer in the box, Spell all words correctly.What kind of advertisements would a company

Answers

Answer:

apitude

Explanation:

A company would be unable to measure creative and leadership skills with standardized tests. It can help to identify the problem.

What do you mean by the standardized test?

The foundation of a standardized exam is consistency: each test taker is required to respond to the same questions, and each response is graded in accordance with a predetermined standard.

Standardized tests are used in schools to give teachers an unbiased, objective evaluation of the effectiveness of their instruction.

The ability of each child's natural abilities to be identified is made possible by standardized testing. They also make it possible to gauge advancement and skill growth.

Standardized examinations offer benchmarks of average performance, making it feasible to pinpoint struggling pupils who require support or gifted kids who may advance.

Therefore, a company would be unable to measure creative and leadership skills with standardized tests. It can help to identify the problem.

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True or False
( ) Structural models often derive from economic models but may also be obtained from informal reasoning.
( ) Considering the model y=a+bx+uy=a+bx+u, consistent estimation of the parameter bb relies on the following condition: C[x,u]=0C[x,u]=0.
( ) Considering the model y=a+bx+u, a simultaneity problem arises when y and x are jointly determined.
( ) In a multiple regression a sufficient condition for consistently estimating the model parameters is the absence of exact linear relationships among the explanatory variables.

Answers

( ) Structural models often derive from economic models but may also be obtained from informal reasoning.True

( ) Considering the model y=a+bx+u, consistent estimation of the parameter b relies on the following condition: C[x,u]=0.False

( ) Considering the model y=a+bx+u, a simultaneity problem arises when y and x are jointly determined.True

( ) In a multiple regression, a sufficient condition for consistently estimating the model parameters is the absence of exact linear relationships among the explanatory variables.True

The first statement is false. Structural models in economics are typically derived from economic theories and formal reasoning, rather than informal reasoning. These models aim to explain the relationships between various economic variables and the underlying economic mechanisms. They often involve the specification of mathematical equations that represent the behavior of economic agents and the interactions among them.

The second statement is true. In the model y = a + bx + u, consistent estimation of the parameter b relies on the condition C[x, u] = 0. This condition, known as the orthogonality condition, implies that the error term u is uncorrelated with the independent variable x. If this condition holds, it ensures that the estimated coefficient b is unbiased and consistent.

The third statement is true. A simultaneity problem arises when both the dependent variable y and one or more independent variables, such as x, are jointly determined. In this case, there is a feedback loop between y and x, making it difficult to disentangle the causal relationship between them. Simultaneity problems often require specialized estimation techniques, such as instrumental variables, to obtain consistent parameter estimates.

The fourth statement is also true. In multiple regression, a sufficient condition for consistently estimating the model parameters is the absence of exact linear relationships among the explanatory variables. This condition is known as multicollinearity. When exact linear relationships exist, it becomes impossible to uniquely determine the contribution of each variable, leading to estimation problems. To avoid multicollinearity, it is important to ensure that the explanatory variables are linearly independent or to employ techniques such as variable transformation or variable selection.

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Which of the following investments would have the highest future value (in year 5 ) if the discount rate is 12%? Selecione uma opção de resposta: a. A five year ordinary annuity of €100 per year. b. €500 to be received TODAY (year 0 ) c. €700 to be received at year 5 d. A five year annuity due of €100 per year

Answers

The five-year annuity due of €100 per year would have the highest future value in year 5 at around €713.29, with a 12% discount rate, surpassing the other investment options.

To determine which investment would have the highest future value in year 5, we need to calculate the future value of each option using the discount rate of 12%. Let's calculate the future value for each option:

a. A five-year ordinary annuity of €100 per year:

The future value of an ordinary annuity can be calculated using the formula:

FV = P * [(1 + r)^n - 1] / r

Where:

FV = Future value

P = Payment per period

r = Discount rate

n = Number of periods

In this case:

P = €100

r = 12% = 0.12

n = 5

Plugging in the values, we get:

FV = €100 * [(1 + 0.12)^5 - 1] / 0.12

  = €100 * (1.12^5 - 1) / 0.12

  ≈ €100 * (1.76234 - 1) / 0.12

  ≈ €100 * 0.76234 / 0.12

  ≈ €100 * 6.3528

  ≈ €635.28

b. €500 to be received TODAY (year 0):

Since this amount is already received, its future value is the same as the present value, which is €500.

c. €700 to be received at year 5:

To calculate the future value of this amount, we don't need to apply the discount rate because it is already accounted for. So, the future value is €700.

d. A five-year annuity due of €100 per year:

An annuity due is similar to an ordinary annuity, but the payments are made at the beginning of each period instead of the end. The formula for the future value of an annuity due is:

FV = P * [(1 + r)^n - 1] / r * (1 + r)

Using the same values as in option a, we can calculate the future value:

FV = €100 * [(1 + 0.12)^5 - 1] / 0.12 * (1 + 0.12)

  ≈ €100 * (1.12^5 - 1) / 0.12 * 1.12

  ≈ €100 * 0.76234 / 0.12 * 1.12

  ≈ €100 * 6.3528 * 1.12

  ≈ €713.29

Comparing the future values of each option:

a. €635.28

b. €500

c. €700

d. €713.29

Option d, the five-year annuity due of €100 per year, would have the highest future value in year 5 with approximately €713.29.

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riley's company realized it could not make the component parts at its plant in thailand because that plant did not have the necessary manufacturing tooling to do the job. this demonstrates how

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This demonstrates how Technology performs a function in in which a organization produces.

The required details about Technology is mentioned in below paragraph.

Technology is the utility of know-how to attain practical goals in a specifiable and reproducible way. The word era may additionally imply the fabricated from such an endeavor.The use of era is broadly conventional in medicine, science, industry, communication, transportation, and every day life. Technologies encompass bodily items like utensils or machines and intangible tools such as software.

The earliest recognized era is the stone tool, utilized in the prehistoric era,accompanied by hearthplace use, which contributed to the growth of the human mind and the improvement of language in the Ice Age. The invention of the wheel in the Bronze Age enabled wider journey and the advent of extra complex machines.Recent technological developments, which includes the printing press, the telephone, and the Internet have lowered communication limitations and ushered in the know-how economy.

(COMPLETE QUESTION)

Riley's company realized it could not make the component parts at its plant in Thailand because that plant did not have the necessary manufacturing tooling to do the job. This demonstrates how ______ plays a role in where a company produces.

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transferable skills necessary for successful employment include a:basic skills b:thinking skills c:personal quality d: all of the above

Answers

The correct answer is D. All of the above

Explanation:

Skills that can be used in multiple jobs or contexts are known as transferable skills. This category of skill covers many types of skills including basic skills such as teamwork, communication or problem-solving; personal quality skills such as honesty, empathy, or ethics; and thinking skills such as making decisions or organizing information. Moreover, these are all transferable skills because it is likely an individual requires these skills despite his profession or role. For example, both a doctor and a secretary might face challenges that require them to make decisions (thinking skill), use ethics to make the best decision (personal quality), and communicate this decision to others (basic skill.)

proper control for over-the-counter cash receipts includes using electronic cash registers with no tapes. a cash register with totals visible to the customer. cash count sheets requiring only the cashier's signature. cash count sheets requiring only the supervisor's signature.

Answers

Proper control for over-the-counter cash receipts includes using electronic cash registers with no tapes cash count sheets requiring only the supervisor's signature.

What is cash receipts?

A printed recognition of the sum of money received during a transaction involving the transfer of cash or cash equivalents is known as a cash receipt. The vendor gives the consumer the original copy of the cash receipt, keeping the other copy for accounting needs.

Cash receipts are indicated as an addition to the cash account or another asset account on a financial summary. The kind of sale will decide this. When a business provides services and is paid in cash, the sum is added to the business's accounts receivable.

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Click this link to view O*NET’s Work Activities section for Construction Carpenters. Note that common activities are listed toward the top, and less common activities are listed toward the bottom. According to O*NET, what are common work activities performed by Construction Carpenters? Check all that apply.

inspecting equipment, structures, or material
writing computer programs to perform calculations
using knowledge of historical events and their effects on cultures
performing general physical activities
getting information
speaking and writing in a foreign language

Answers

O'NET lists the typical tasks carried out by construction carpenters as evaluating tools, buildings, or materials, engaging in routine physical activity, and gathering information.

Therefore, choices 1, 4, and 5 are the best choices. Using carpenters' hand tools and power equipment, construction carpenters build, install, and repair structures and fixtures made of wood, plywood, and wallboard. Carpenters work on a variety of construction projects and may pursue careers as independent contractors, first-line supervisors, or general construction supervisors. Since they frequently work on construction sites, many carpenters require a drivers license or access to reliable transportation. Carpentry is the craft and trade of handling, shaping, and fusing wood. The phrase covers both the structural wood used for framing and the wood used for things like doors, windows, and stairs.

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Answer:

A,D,E

Explanation:

alex measured the length of an item to be 3.9 cm. the actual length is 3.5 cm what is alex percent error ?

Answers

Answer:

11.42 %

Explanation:

The formula for calculating percentage error

percentage error = observed value - actual value x 100

     actual value

Percentage error =    3.9- 3.5  x 100

    3.5

Percentage error = 0.4  x 100

                             3.5

Percentage error =0.1142 x 100

Percentage error = 11.42 %

Noel was assigned a group project in class. What benefit will Noel get from working with a team?

A Independence
B Increased creativity
D Easy class credit
C Easy decision making

Answers

B) multiple minds increase the creativity put out into their project

Answer:

B Increased creativity

Explanation: got test

the only capital investment required for a small project is investment in inventory. profits this year were $8,600, and inventory increased from $5,700 to $8,400. what was the cash flow from the project?

Answers

The cash flow from the project will be $5900.

Explanation?

Cash flow from the project simply means the cash flow that's generated. It can be gotten by using the formula:

Cash flow = Profit - Increased working capital.

Therefore, cash flow will be:

Cash flow = Profit - Increased working capital.

Cash flow = $8600 - ($8400 - $5700)

Cash flow = $8600- $2700

Cash flow = $9000

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Can someone PLEASE PLEASE HELP ME WITH THIS!!!!!

Can someone PLEASE PLEASE HELP ME WITH THIS!!!!!

Answers

Answer:

1. Consumer.

2. Producer.

3. Transportation.

4. Marketing.

5. Harvesting.

6. Processing.

7. Retail/food service.

Explanation:

Food supply continuum can be defined as a cycle of how livestock (animal products) moves from the producer to the consumers. The main goal of the food supply continuum is to safely provide quality animal products to the consumers.

Basically, the seven (7) steps or segments in the food supply continuum include the following;

1. The segment which is responsible for safe handling of the animal product (beef, pork, lamb) in their homes is the consumer.

2. The producer is responsible for raising a healthy animal.

3. The segment which carries the animal from the farm to the market is transportation.

4. The segment which sells the animal to the packer is marketing.

5. The segment which harvests the animal is harvesting. It involves the slaughtering of the animal.

6. The segment which processes the carcasses into retail cuts is processing.

7. The segment which involves a negotiator is the retail/food service.

what would be the effect on operating income of accepting a special order for units at a sale price of per​ product?

Answers

A special order will only result in a gain in net operating income if the revenue it generates outweighs the additional costs it incurs.

Which should I think about before accepting a special order?

Before deciding whether to accept a certain order, management must take into account a variety of factors, including the amount required to complete the order. if the buyer's suggested price will cover the production costs.

What does "special order decision" mean?

The management of a corporate organisation makes special order decisions while deciding whether or not to process an unusual request from the customers. Typically, a request for a cheaper price on an order in quantity or that is customised is involved.

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Frank owns a gas station on the edge of town. As the town grows, more homes are built and the area where his gas station is gets re-zoned as residential. What specific exception would allow Frank to continue operating the gas station

Answers

Answer: to resize the gas stayion

to

Explanation: sorry a don't now.

Which of the following is NOT a solution for forgetting vocabulary terms?

Responses

Using photos for reference

Using a dictionary or thesaurus

Requesting assistance from peers or instructors
using synonyms

Answers

Answer:

using photos for reference

For Many years, Thomson Company manufactured a single product called LEC 40. The three years ago, the company automated a portion of its plant and at the same time introduced a second product called LEC 90 that has become increasingly popular. The LEC 90 is a more complex product, requiring. 60 hours of direct labor time per unit to manufacture and extensive machining in the automated protion of the plant The LEC 40 requires only. 20 hours of direc labor time per unit and onlyl a small amount of machining. Manufacturing overhead costs are currently assigned to products on the basis of direct labor hours

Answers

Thomson Company assigns manufacturing overhead costs on the basis of direct labor-hours. To calculate the predetermined manufacturing overhead rate, the estimated manufacturing overhead costs of $920,000 are divided by the total direct labor hours of 40,000, resulting in a rate of $23 per direct labor hour.

To compute the predetermined manufacturing overhead rate, we need to estimate the total amount of manufacturing overhead costs for the year and divide it by the total direct labor hours for both products.

The total direct labor hours for LEC 40 can be calculated as follows

Direct labor hours per unit x Number of units produced and sold = 0.20 hours per unit x 80,000 units = 16,000 direct labor hours

Similarly, the total direct labor hours for LEC 90 can be calculated as follows

Direct labor hours per unit x Number of units produced and sold = 0.60 hours per unit x 40,000 units = 24,000 direct labor hours

Therefore, the total direct labor hours for both products is 16,000 + 24,000 = 40,000 direct labor hours.

To calculate the predetermined manufacturing overhead rate, we need to divide the estimated manufacturing overhead costs for the year by the total direct labor hours for both products

Predetermined manufacturing overhead rate = Estimated manufacturing overhead costs / Total direct labor hours

Predetermined manufacturing overhead rate = $920,000 / 40,000 direct labor hours

Predetermined manufacturing overhead rate = $23 per direct labor hour

Therefore, the predetermined manufacturing overhead rate for Thomson Company is $23 per direct labor hour if they continue to apply manufacturing overhead cost on the basis of direct labor-hours.

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--The given question is incomplete, the complete question is given

"For many years, Thomson Company manufactured a single product called LEC 40. Then three years ago, the company automated a portion of its plant and at the same time introduced a second product called LEC 90 that has become increasingly popular. The LEC 90 is a more complex product, requiring 0. 60 hour of direct labor time per unit to manufacture and extensive machining in the automated portion of the plant. The LEC 40 requires only 0.20 hours of direct labor time per unit and only a small amount of machining. Manufacturing overhead costs are currently assigned to products on the basis of direct labor- hours. Despite the growing popularity of the company's new LEC 90, profits have been declining steadily. Management is beginning to believe that there may be a problem with the company's costing system. Direct material and direct labor costs per unit are as follows: Management estimates that the company will incur $920,000 in manufacturing overhead costs during the current year and 80,000 units of the LEC 40 and 40,000 units of the LEC 90 will be produced and sold. Compute the predetermined manufacturing overhead rate assuming that the company continues to apply manufacturing overhead cost on the basis of direct labor-hours."--

ultimately sales organizations need to work toward developing a performance management system. group of answer choices true false

Answers

True. Sales organizations do need to work toward developing a performance management system.

This is because a performance management system helps to track and measure the performance of sales representatives, identify areas for improvement, and provide feedback and coaching to help them achieve their goals.

Ultimately, sales organizations need to work toward developing a performance management system because it helps in setting goals, tracking progress, evaluating performance, and providing feedback. This ensures better performance, accountability, and continuous improvement for the sales team.

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One of the first things to do to prepare for a job interview is to _____. A. Ask for a formal offer letter b. Plan how to spend your first paycheck c. Research the company d. Send a follow-up letter Please select the best answer from the choices provided A B C D.

Answers

Answer:

c reasearch the company

Explanation:

Answer:

C is correct

Explanation:

i took the test

Your neighbor Codi has come to you for advice. Codi found out he can either take a tax deduction of $8,000 or a tax credit of $8,000 this year. He's not sure what that means or what he should do. He made $40,000 this year and his tax rate is a flat 5%. Give codi some helpful advice Make sure to let him know which he should do and why

Answers

Possible deductions include $800 in charitable contributions, $240 in personal property taxes on her car, and other materials bought for her classroom.

Who is eligible for the $8,000 Child Tax Credit?

Parents and people with dependents who paid for a qualifying person's care so they could work or look for work in 2021 are eligible for the enhanced tax credit. According to the IRS, an eligible person can be one of several things: a dependant under the age of 13

What is the 8000 dollar tax credit?

You might not be aware of the $8,000 Child Tax Credit benefit.

You can deduct a maximum of $500 from your daycare costs in 2021 by using this tax credit, up to a maximum of

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what to argue about financial literacy​

Answers

Answer: Finance Course Prompts Debate,” argues that “the $600,000 is a low cost if the [financial literacy program] is effective. An

effective course will return that investment,” speaking in reference to the cost of the program. Courses, especially financial

literacy, greatly give back on investments made in them by using the students’ education gained from the class.

Explanation:

Name three primary objectives for human resource departments on social media.​

Answers

Answer:

Three common objectives for HR social media are strong internal social media platforms supporting the corporate culture, building internal social media channels and personas representing employees, and establishing a strong brand name on the main social media platforms supporting the business strategy.

Explanation:

Hope This Helps!

What types of fees are condo owners with mortgages generally responsible for paying, in addition to their mortgage payments and utility costs

Answers

Condo owners with mortgages are generally responsible for paying various fees in addition to their mortgage payments & utility costs.

Here are the common kinds of fees that condo proprietors can be responsible for consist of:

Homeowners association (HOA) expenses: these prices are collected by way of the rental's house owners affiliation to cowl not unusual prices which includes property preservation, maintenance, landscaping, security, coverage & facilities like swimming swimming pools, gyms, or common areas.Special Assessments: In certain situations, condo owners may be required to pay special assessments. Reserve Fund Contributions: Some HOAs require condo owners to contribute to a reserve fund. Condo Insurance: While mortgage lenders typically require condo owners to have insurance, it is an additional cost that condo owners must bear. Property Taxes: Condo owners are responsible for paying property taxes, just like any other homeowner.

It's important to note that the specific fees & their amounts can vary depending on the condominium complex & its management policies.

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Which social networking service did people from around the world use to participate in the Social Good Summit?

Answers

Answer:

Mashable

Explanation:

Mashable is a global, multi-platform media and entertainment company. It is a go-to source for tech, digital culture and entertainment content for its dedicated and influential audience around the globe.

What does a credit bureau do?

It records borrowers' payment histories.
It protects borrowers' deposits.
It regulates credit unions.
It protects against fraud.

Answers

Answer:

b

Explanation:

please mark me as brainlist and be happy

What is a breakeven point ? explain the key financial ratios in
analyzing the business projections .

Answers

The break-even point is the level of sales or revenue at which a business neither makes a profit nor incurs a loss. Key financial ratios are gross profit margin, net profit margin, return on investment, current ratio.

Break even Point: It is the point where total revenue equals total costs. At the break-even point, a business covers all its expenses, both fixed and variable, but does not generate any profit. It is an important financial metric that helps businesses understand the minimum level of sales needed to cover their costs and start generating profits.

Key Financial Ratios in Analyzing Business Projections:

Gross Profit Margin: This ratio measures the profitability of a business by indicating the percentage of revenue that remains after deducting the cost of goods sold. It helps assess the efficiency of production and pricing strategies.Net Profit Margin: The net profit margin indicates the percentage of revenue that remains as net profit after deducting all expenses, including operating expenses, interest, and taxes. It provides insights into the overall profitability and efficiency of a business.Return on Investment (ROI): ROI measures the return generated on an investment relative to its cost. It helps assess the profitability and efficiency of an investment or project.Current Ratio: The current ratio compares a business's current assets to its current liabilities. It assesses the liquidity and short-term solvency of a business by indicating its ability to meet short-term obligations.Debt-to-Equity Ratio: This ratio compares a business's total debt to its shareholders' equity. It indicates the proportion of financing provided by creditors versus shareholders and helps assess the financial leverage and risk of a business.Return on Assets (ROA): ROA measures the efficiency of a business in generating profits relative to its total assets. It provides insights into the profitability and utilization of assets.Earnings Per Share (EPS): EPS indicates the amount of earnings attributable to each outstanding share of a company's common stock. It is an important indicator for shareholders and investors in assessing the profitability and value of a business.

These key financial ratios are useful in analyzing business projections as they provide valuable insights into a company's financial performance, profitability, liquidity, solvency, and overall financial health. By analyzing these ratios, businesses can assess their strengths, weaknesses, and make informed decisions for future planning and growth.

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Q1) An auditor is performing interim testing of accounts. Should these same accounts be tested again at year-end?
Q2) Can an auditor place complete reliance on internal control to the exclusion of other audit procedures?

Answers

Q1) Yes, accounts should be tested again at year-end even if interim testing was performed, as it provides updated and comprehensive information about the accounts' accuracy and completeness.

Q2) No, an auditor cannot solely rely on internal control. While it reduces the extent of substantive procedures, other audit procedures are necessary to obtain reasonable assurance regarding the financial statements' accuracy and detect material misstatements not prevented by internal controls.

Interim testing is conducted during the interim period to obtain sufficient evidence for financial reporting purposes. However, year-end testing is still necessary because it covers the entire financial period and captures any changes or developments that might have occurred after the interim testing. This ensures that the accounts are accurately and completely represented in the final financial statements.

While internal controls are important, they are not infallible. Internal control systems may have limitations or be subject to management override or manipulation. Therefore, auditors need to perform other audit procedures, such as substantive testing, to independently verify the accuracy and completeness of financial statements. These procedures provide additional evidence and increase the level of assurance regarding the financial statements' reliability.

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You are taking a $5000 loan. You will pay it back in four equal amounts, paid every 6 months starting 5 years from now. The interest rate is 12% compounded semiannually. Calculate: The effective interest rate The amount of each semiannual payment The total interest paid

Answers

Answer:

Following are the solution to the given point:

Explanation:

Calculating the value of the effective interest rate:

Formula:

\(\text{Effective interest rate} =\frac{\text{annual nominal rate of interest}}{\text{compound year}}\)

                                  \(=\frac{12}{2} \\\\ =6\%\)

Calculating the value of Effective annual rate of interest:

\(=(1+ \text{The effective rate})^{\text{(compound number )}} -1\)

\(=(1+0.06)^2 -1\\\\=(1.06)^2 -1\\\\=1.1236-1\\\\=0.1236\\\\=12.36 \%\)

Calculating the Amount in each semiannual payment:

\(= 5000 \times (\frac{F}{P}, 6\% ,9) \times (\frac{A}{P}, 6\%,4)\\\\= 5000 \times 1.689479 \times 0.288591\\\\= 2437.85\)

Calculating the value of the total interest paid:

\(= 2437.85 \times 4 - 5000\\\\= 9751.40-5000\\\\ = 4751.40\)

Russell United has 28,500 shares of stock outstanding and has two open seats on its board of directors. Each share of common stock is granted one vote. How many additional votes are required to guarantee a seat on the board if the company were to use straight voting rather than cumulative voting

Answers

Answer:

4,750

Explanation:

Calculation for How many additional votes are required to guarantee a seat on the board

First step is to Calculate for STRAIGHT VOTING

Using this formula

Additional Votes= ((Shares of stock outstanding/2)+1)

Let plug in the formula

Additional Votes=((28,500/2)+1)

Additional Votes=14,251

Second step is to calculate for CUMULATIVE VOTING

Using this formula

Additional Votes= ((Shares of stock outstanding/(Number of seats +1))+1)

Let plug in the formula

Additional Votes=((28,500/(2 +1))+1)

Additional Votes=9,501

Last step is to calculate How many additional votes are required

Using this formula

Additional votes =STRAIGHT VOTING additional vote-CUMULATIVE VOTING additional Votes

Let plug in the formula

Additional votes = 14,251-9,501

Additional votes = 4,750

Therefore How many additional votes are required to guarantee a seat on the board if the company were to use straight voting rather than cumulative voting is 4,750

is experiencing cash flow problems during the current year. rather than foreclose an $80,000 business loan, his bank agrees to reduce the debt to $50,000. prior to the debt reduction, cary's total assets were $500,000 and his total liabilities were $510,000. how much income must cary recognize from the reduction of his bank loan?

Answers

Income of $20,000 must be recognized by Cary from of the reduction of his bank debt.

What is the loan being reduced?

The term "reducing" or "diminishing" interest rate refers to an interest rate that is determined monthly based on the quantity of the outstanding loan balance. The EMI for this option includes both the principal repayment and the payable interest on the outstanding loan balance.

The amount of revenue that Cary must recognize from the reduction of his bank loan is the difference between the value of the loan drop and the carrying value of the loan prior to the reduction.

Prior to the reduction, Cary had $500,000 worth of assets and $510,000 worth of commitments, so the loan's carrying amount was $510,000 - $500,000 = $10,000.

The loan has been decreased by $80,000 - $50,000 = $30,000 because the new loan amount will be $50,000 after the reduction.

Cary must therefore report income from the reduction of his bank loan, which is now $30,000 - $10,000 = $20,000.

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a copy company wants to expand production. it currently has 20 workers who share eight copiers. two months ago, the firm added two copiers, and output increased by 40,000 pages per day. one month ago, the firm added five workers, and productivity also increased by 25,000 pages per day. a copier costs about three times as much as a worker. assume these
Question: A Copy Company Wants To Expand Production. It Currently Has 20 Workers Who Share Eight Copiers. Two Months Ago, The Firm Added Two Copiers, And Output Increased By 40,000 Pages Per Day. One Month Ago, The Firm Added Five Workers, And Productivity Also Increased By 25,000 Pages Per Day. A Copier Costs About Three Times As Much As A Worker. Assume These
Hire another worker or purchase a new printer?
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A copy company wants to expand production. It currently has 20 workers who share eight copiers. Two months ago, the firm added two copiers, and output increased by 40,000 pages per day. One month ago, the firm added five workers, and productivity also increased by 25,000 pages per day. A copier costs about three times as much as a worker. Assume these increases in productivity per worker and productivity per copier are good proxies for future increases in productivity when hiring additional workers or purchasing additional copiers. Based on this information, the copy company should hire another worker in order to expand output.

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Based on the information provided, the copy company should hire another worker to expand output.

This conclusion is based on the fact that adding two copiers increased output by 40,000 pages per day, while adding five workers increased productivity by 25,000 pages per day.

Since the cost of a copier is about three times the cost of a worker, it would be more cost-effective to hire another worker rather than purchasing a new copier. By doing so, the company can further increase its output and productivity.

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Maria is a high school senior. She wants to go to the local community college and become a nurse. Her grades are average, but she comes from a low-income family. What could she do to in order to afford the next step in her dream to become a nurse?

Answers

Answer: She could apply for Need Based Scholarships and Federal Grants

Explanation:

Maria could apply for a Need Based Scholarship. These are scholarships that are garnered towards lower income households that would otherwise be unable to fund a college education. These scholarships aim to bridge the Economic gap in the society. An example of one is the National High School Scholars Fee Waiver Program.

Another option could be Federal Grants. The Federal Government of the United States of America, offers financial help such as the Pell Grant to college students who would otherwise be unable to attend given their family's economic status . These Federal Grants have been very helpful and one can get the process started by filling out and submitting a Free Application for Federal Student Aid (FAFSA) form.

It is worthy of note that both of these options are steadily becoming more competitive as the number of people in need of them keep rising. Maria should therefore try her best to improve her grades or get involved in extra-curricular activities that would improve her eligibility.

Answer:b

Explanation:

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