If the wage of the fifth worker is $20 and his or her value of the marginal product of labor is $25, the firm a. benefits by stopping at this level of labor. b. is likely to fire the fifth worker. c. asks this fifth worker to work overtime. d. is likely to benefit by hiring more workers. e. is likely to lose profit by hiring more workers.

Answers

Answer 1

A. benefits by stopping at this level of labor. Option A is correct.

What are the benefits of division of labor?

The specialisation of duties and responsibilities within a production process is known as the division of labour. It has many advantages, including improved productivity and efficiency. Workers can become more skilled and proficient in their particular role by breaking down a complex task into smaller, more focused tasks, which leads to higher-quality output and quicker production times. Because mass production can reduce costs per unit, the division of labour also makes it easier to achieve economies of scale. Additionally, it enables more latitude in task distribution and workload modification. As workers concentrate on gaining expertise in their area of specialisation, it can also result in more innovation and specialisation. In general, the division of labour has led to significant advancements in modern industrial production.

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Related Questions

Wyatt keeps $25,000 in an interest-bearing time deposit with the Bigbux Bank. While earning a relatively attractive rate of interest, Wyatt had to agree to not withdraw any of the funds until the end of a three-year period. Wyatt's investment represents a(n)

Answers

Answer:

Certificate of deposit

Explanation:

A certificate of deposit is one of the most common and safest investment mechanisms. It consists in depositing a fixed amount of money at a bank or any other financial institution that offers the service, for a fixed amount of time, and in exchange for a fixed interest rate.

Certificates of deposit are one of the safest investment options, but for the same reason, they are one of the least profitable. It is well known that one of the central principles of finance is that the higher the risk, the higher the profitability, and the lower the risk, the lower the profitability.

Help please Briefly explain how technology affects promotional strategies.

Answers

Answer: Technology has transformed marketing by making campaigns more personalized and immersive for people and creating ecosystems that are more integrated and targeted for marketers. And it's not just the interface between brands and people that have been transformed. ... 30% will prioritise technology over creativity.

The National Income and Product Accounts simultaneously provide data on: (a) production and efficiency; (b) technological progress and product improvements; (c) total output and the income derived from its production; (d) slugging percentage and on-base percentage.

Answers

The answer is either a or c

The market for the fast car with so much horsepower that handling becomes an issue is decreasing. People are more interested in buying SUVs and pickups. As a result, General Motors is stopping production of its Camaro, a car that has had limited sales recently. Since the Camaro can no longer generate enough cash to sustain its manufacture, the BCG portfolio would classify it as a:

Answers

Answer:

Dog.

Explanation:

In 1970, Bruce D. Henderson developed and created a growth-share matrix for the Boston Consulting Group (BCG). The Boston Consulting Group (BCG) growth-share matrix is a tool used for analyzing and planning product lines in a business unit. It makes use of a graphical representation of a company's product line and services to analyze and make long-term strategic plans on which to invest more on or sell off.

Generally, products are divided into four (4) main categories in the BCG growth-share matrix;

1. Dogs.

2. Stars.

3. Question marks.

4. Cash cows.

A dog refers to a product or business unit that has a very low growth rate or market share and as such generates insufficient amount of revenues.

In this scenario, Camaro isn't able to generate sufficient (enough) cash to sustain its manufacturing or production process, the Boston Consulting Group (BCG) portfolio would classify it as a dog.

The dominant form of business organization in the United States in terms of dollar sales volume, earnings, and employees is

Answers

Answer:

The answer is "The corporation".

Explanation:

In terms of dollar sales, profits, or personnel, the main form of the corporate organization throughout the USA was its company. The company's main form of business organization is indeed the company, a legal entity constituted by the selling of share capital to the owners, who have become stakeholders and the shares elect a board member who manages the company.

The reason for failure of quality improvement efforts ismanagers continue to focus on short-term financial results.managers instinctively blame employees when there is a quality failure.managers interfere with teamwork.all of the above.

Answers

Answer:

managers instinctively blame employees when there is a quality failure, managers continue to focus on short-term financial results,and managers interfere with teamwork

Explanation:

Quality improvement can be regarded as systematic as well as formal approach used in analysis of practice performance as well as efforts used in improving performance. variety of this approaches such as

QI models enables one in collections and analysis of data and test change.

It should be noted that The reason for failure of quality improvement efforts is

that;

1)managers instinctively blame employees when there is a quality failure,

2) managers continue to focus on short-term financial results,

3)managers interfere with teamwork

Under the WTO agreement:_________

a. tariffs are permitted to be levied by developed countries against developing countries but not against each other
b. a dispute resolution mechanism allows countries to bring grievances to the WTO against countries that levy inappropriate trade discrimination measures
c. there is no dispute resolution mechanism except for trade involving environmental products
d. countries are allowed to place trade barriers on member countries with no particular justification, because like GATT the WTO has no enforcement mechanism

Answers

Answer:

Under the WTO agreement:_________

 

b. a dispute resolution mechanism allows countries to bring grievances to the WTO against countries that levy inappropriate trade discrimination measures.

Explanation:

The WTO (World Trade Organization) Agreement is an international legal framework covering about 63 agreements affecting trade in goods, services, intellectual property, standards, investment, and other issues with some impacts on world trade.  The legal framework is a system of rules that supports open, fair, and undistorted trade competition, allowing tariffs and some protections.

Holt Industries received a $2,000 prepayment from the Ramirez Company for the sale of new office furniture. Holt will bill Ramirez an additional $3,000 upon delivery of the furniture to Ramirez. Upon receipt of the $2,000 prepayment, how much should Holt recognize for a contract asset, a contract liability, and accounts receivable?

Answers

Answer and Explanation:

The computation of the contract asset, a contract liability, and accounts receivable is shown below:

The contract asset is zero as it is not satisfied with the performance obligation

The current liability is $2,000 as it denotes the deferred revenue of $2,000 so this represent the contract liability

And, the account receivable is zero as it does not have the account receivable till the delivery of the furniture

in this way it should be recorded

Betsy Union is the Pika Division manager and her performance is evaluated by executive management based on Division ROI. The current controllable margin for Pika Division is $46,000. Its current operating assets total $210,000. The division is considering purchasing equipment for $40,000 that will increase sales by an estimated $10,000, with annual depreciation of $10,000. If the equipment is purchased, what will happen to the return on investment for the division

Answers

Answer:

Pika Division

Betsy Union

The return on investment will reduce from 21.9% to 18.4%.

Explanation:

a) Data and Calculations:

Current controllable margin = $46,000

Current operating assets = $210,000

Current return on investment = $46,000/$210,000 * 100 = 21.9%

Increase in sales as a result of the new equipment = $10,000

Increase in depreciation = $10,000

Operating assets after the purchase of the new equipment = $250,000 ($210,000 + $40,000)

Future controllable margin = $46,000 ($46,000 + $10,000 - $10,000)

Future return on investment = $46,000/$250,000 * 100

= 18.4%

Bank charged interest on overdraft Rs. 500 journal entry​

Answers

Answer:

interest is overdraft a/c.

Explanation:

In the cash book the above entry would be recorded on the credit side and as we know that pass book is an exact opposite record of the cash book so, interest on bank overdraft would be recorded on the debit side of the pass book

As of Dec. 31, 2013, a company had current assets of $600,000 and current liabilities of $300,000. Sales of the company are expected to increase by 10 percent for each of the next two years. If all current assets and current liability accounts increase proportionately with sales, what would be the projected current ratio of the company on Dec. 31, 2015

Answers

Answer:

2.00

Explanation:

Calculation to determine what would be the projected current ratio of the company on Dec. 31, 2015

Using this formula

Current ratio =Current assets/ Current liabilities

Let plug in the formula

Current ratio =$600,000 /$300,000

Current ratio =2.00

Therefore the projected current ratio of the company on Dec. 31, 2015 is 2.00

The following is selected financial information for Osmond Dental Laboratories for 2021 and 2022: 2021 2022 Retained earnings, January 1 $ 53,000 ? Net income 40,000 45,000 Dividends 12,000 25,000 Common stock 78,000 ? Osmond issued 3,000 shares of additional common stock in 2022 for $22,000. There were no other stock transactions. Prepare a statement of stockholders' equity for the year ended December 31, 2022. (Amounts to be deducted should be indicated with minus sign.)

Answers

Answer:

Osmond Dental Laboratories

Statement of Stockholders' Equity:

                                                           2022

Common stock                              $90,000

Retained earnings, December 31   101,000

Stockholders' equity                    $191,000

Explanation:

a) Data and Calculations:

Osmond Dental Laboratories for 2021 and 2022:

                                                       2021        2022

Retained earnings, January 1 $ 53,000              ?

Net income                                 40,000    45,000

Dividends                                    12,000    25,000

Common stock                          78,000              ?

Analysis:

Cash $22,000 Common stock $22,000

Retained earnings, January 1         $ 53,000     81,000

Net income                                         40,000    45,000

Dividends                                           -12,000   -25,000

Retained earnings, December 31   $ 81,000 $101,000

Common stock on December 31 = $90,000 ($78,000 + $22,000)

Statement of Stockholders' Equity:

Osmond Dental Laboratories for 2021 and 2022:

                                                           2021        2022

Common stock                             $78,000  $90,000

Retained earnings, December 31  81,000     101,000

Stockholders' equity                  $159,000  $191,000

Assume that the reserve requirement is 5 percent. All other things being equal, will the money supply expand more if the Fed buys $2,000 worth of bonds or if someone deposits in a bank $2,000 that she had been hiding in her cookie jar? If one creates more, how much more does it create? Support your thinking.

Answers

Answer: See explanation

Explanation:

Based on the information given in the question, the reserve ratio is given as 5%, then the money multiplier will be:

= 1 / reserve requirement

= 1/5%

= 1 / 0.05

= 20.

Therefore, the money multiplier will increase by 20.

Then, the Money supply will be calculated as:

= amount x money multiplier

= 2000 x 20

= 40000

Therefore, the increase in the money supply will be $40000.

In this case, if the FED purchases $2000 worth of bonds, it'll expand the money supply more.

Charles Company acquired Jackson Company for $2,000,000 cash. At that time, the fair value of recorded assets and liabilities was $1,500,000 and $250,000, respectively. If Jackson meets specified sales targets, Charles is required to pay an additional $200,000 in cash per the acquisition agreement. Charles estimates the probability of this to be 50%. The direct costs related to the acquisition were $50,000. What was the amount of the goodwill related to the acquisition?​

Answers

Answer:

$950,000

Explanation:

Goodwill is defined as the excess of Purchase Price over the Net Assets taken over.

therefore

Goodwill = Purchase Price - Fair Value of Net Assets taken over

Note : Acquisition cost is an expense and not included in this calculation.

Since the probability is more likely than not (Probability > or = 50 %) , we include the $200,000 in the Purchase Price

thus,

Goodwill = $2,200,000 - ($1,500,000 - $250,000)

               = $950,000

Listed below are several transactions that typically produce either an increase or a decrease in cash. Indicate by letter whether the cash effect of each transaction is reported on a statement of cash flows as an operating (O), investing (I), or financing (F) activity.

a. Sale of Common Stock.
b. Sale of Land
c. Purchase of Treasury Stock
d. Merchandise Sales
e. Issuance of a long-term note payable
f. Purchase of merchandise
g. Repayment of note payable
h. Employee salaries
i. Sale of equipment at a gain.
j. Issuance of bonds

Answers

Answer:

a. Sale of Common Stock.

Classification: Financing activity

b. Sale of Land

Classification: Investing activity

c. Purchase of Treasury Stock

Classification: Financing activity

d. Merchandise Sales

Classification: Operating  activity

e. Issuance of a long-term note payable

Classification: Financing activity

f. Purchase of merchandise

Classification: Operating  activity

g. Repayment of note payable

Classification:

Financing activity

h. Employee salaries

Classification: Operating  activity

i. Sale of equipment at a gain.

Classification: Investing activity

j. Issuance of bonds

Classification: Operating  activity

Rainforests are being destroyed in order to plant trees to make ___________________________, one of the cheapest oils in the world, which makes companies huge profits.

Answers

Answer:

Palm oil

Explanation:

Deforestation the process of permanently removing trees from a given environment for other purposes such as farmlands, timber, and so on has been on a rise.

One of the major activity leading to deforestation is palm oil production. It is a $40 billion industry that has displaced indigenous tribes and wiped out habitats of endangered species like the orangutan.

Burning of rain forests to make way for palm oil plantations also increases carbon emmisions that causes respiratory problems.

On January 2, 2020, Howdy Doody Corporation purchased 17% of Ranger Corporation's common stock for $53,000. Ranger's net income for the years ended December 31, 2020, and December 31, 2021, were $17,000 and $54,000, respectively. During 2020, Ranger declared and paid a dividend of $63,000. On December 31, 2020, the fair value of the Ranger stock owned by Howdy Doody had increased to $68,000. How much should Howdy Doody show in the 2020 income statement as income from this investment

Answers

Answer:

$25,710

Explanation:

Calculation to determine How much should Howdy Doody show in the 2020 income statement as income from this investment

First step is to calculate the Dividend received

Dividend received=($63,000 × 17%)

Dividend received = $10,710

Second step is to calculate the Increase in Fair value of Stock

Increase in Fair value of Stock=($68,000 - $53,000)

Increase in Fair value of Stock=$15,000

Now let calculate the How much should Howdy Doody show in the 2020 income statement as income from this investment

2020 income statement=$10,710+$15,000

2020 income statement=$25,710

Therefore The amount that Howdy Doody should show in the 2020 income statement as income from this investment is $25,710

BE12-1 Barbara Ripley and Fred Nichols decide to organize the ALL-Star partnership. Ripley invests $15,000 cash, and Nichols contributes $10,000 cash and equipment having a book value of $3,500. Prepare the entry to record Nichols's investment in the partner- ship, assuming the equipment has a fair value of $4,000.

Answers

Answer:

Dr Cash $10,000

Dr Equipment (at FairValue) $4,000

Cr Nichols’s Capital Account $14,000

Explanation:

Preparation of the entry to record Nichols's investment in the partner- ship

Dr Cash $10,000

Dr Equipment (at FairValue) $4,000

Cr Nichols’s Capital Account $14,000

($10,000+$4,000)

(To record Nichols's investment in the partner- ship)

After Xavier and Alyssa deposited nearly $55,000 in a savings account at Bigbux Bank, the bank failed and filed for bankruptcy. Because the Bigbux was an FDIC member bank, Xavier and Alyssa:

a. will beible 15 recover 80 percent of the value of their depon, $2,500 deductible.
b. should be protected because their account is fully insured by the FDIC
c. will lose their savings because the FDIC only insures business deposite
d. can recover up to $25,000, but they will probably lose the test since the deposits exceed the maximum coverage offered by the FDIC

Answers

Answer:

B

Explanation:

The Federal Deposit  Insurance Corporation (FDIC) was established after the great depression. Bank run was attributed to be one of the causes of the great depression. The FDIC increases confidence of depositors in banks because they insure the deposit of bank customers. In the case a bank fails, customers are assured that they would not lose their monies deposited

The FDIC provides protection for up to $250,000 of deposits

$55,000 is less than $250,000, thus the depositors would receive full protection

During year 8, Clark Company manufactured equipment for its own use at a total cost of $2,400,000. The project required the entire year to complete and all costs were incurred uniformly throughout the year. At the beginning of the period, Clark was able to borrow $1,500,000 at 6% specifically for the purchase of materials and the manufacture of the equipment. The entire debt, with interest was repaid on December 31, year 8, replaced with a long-term loan. Throughout year 8, Clark Company had additional debt of $1,000,000 with a weighted average interest rate of 7%. If Clark Company capitalizes the maximum amount of interest allowable under GAAP, how much will Clark report as interest expense in year 8

Answers

Answer:

$88,000

Explanation:

Calculation to determine how much will Clark report as interest expense in year 8

First step is to calculate the total interest expense for the year

Total interest expense = ($1,500,000 x 6%) + ($1,000,000 x 7%)

Total interest expense = $90,000 + $70,000

Total interest expense=$160,000

Second step is to calculate the weighted average costs

Weighted average costs = $2,400,000 / 2

Weighted average costs= $1,200,000

Third step is to calculate the capitalize interests

Capitalize interests =$1,200,000 x 6%

Capitalize interests= $72,000

Now let calculate the interest expense in year 8 using this formula

Year 8 Interest expense=Total interests - Capitalized interests

Let plug in the formula

Year 8 Interest expense= $160,000 - $72,000

Year 8 Interest expense= $88,000

Therefore The amount that Clark will report as interest expense in year 8 is $88,000

On January 1, a company issued and sold a $440,000, 6%, 10-year bond payable, and received proceeds of $434,000. Interest is payable each June 30 and December 31. The company uses the straight-line method to amortize the discount. The carrying value of the bonds immediately after the first interest payment is:

Answers

Answer:

The carrying value of the bonds immediately after the first interest payment is $434,300.

Explanation:

Face value of the bond = $440,000

Proceeds from bond issue = $434,000

Discount on bond payable = Face value of the bond - Proceeds from bond issue = $440,000 - $434,000 = $6,000

Total number of seminual = Number of years of bond maturity * Number of semiannual in a year = 10 * 2 = 20

Discount amortizaton per semiannual = Discount on bond payable / Total number of seminual = $6,000 / 20 = $300

Carrying value after first interest payment = Proceeds from bond issue + Discount amortizaton per semiannual = $434,000 + $300 = $434,300

Therefore, the carrying value of the bonds immediately after the first interest payment is $434,300.

2. State the accounting equation.

Answers

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The accounting equation formula is Assets = Liabilities + Equity.

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Bramble Corp. expects to purchase $110000 of materials in July and $130000 of materials in August. Three-fourths of all purchases are paid for in the month of purchase, and the other one-fourth are paid for in the month following the month of purchase. How much will August's cash disbursements for materials purchases be

Answers

Answer:

$125,000

Explanation:

August's cash disbursements for materials purchases wiill be:

= July month purchase paid amount + August month purchase paid amount

= ($110,000 * 25%) + ($130,000 * 75%)

= $27,500 + $97,500

= $125,000

Interest can be regarded as the Group of answer choices payment to entrepreneurs for incurring risk in the production of new goods. return earned by capital as an input in the production process.

Answers

Answer:

return earned by capital as an input in the production process.

Explanation:

The interest means the return that is earned by the capiatl which represent as an input for the process of the production. Also it shows the reward for the capital purpose as the factor of production like land, labor, capital, etc

So, as per the given situation, the last option should be correct and the same is to be considered

Therefore the other options seems incorrect

If you were an investor during the dot revolution, and you invested primarily in technology stocks, what fundamental principle of finance did you ignore and how did it affect the value of your portfolio

Answers

Answer:

If an individual has shares in a dot.com or IT firm in his or her portfolio, the essential concept of finance that might be overlooked while owning the commodity is :

1) The corporation's income/EPS has decreased.

2) A slowdown in the corporation 's growth and turnover.

3) The dividend payment ratio will be reduced.

Quarterly effects on the outcomes would rarely make a difference in the year results, given the seasonal or business pattern in IT organisations.

a report must be sent promptly to FINRA if a registered employee of a member firm for all of the following EXCEPT: A has violated the Securities Acts B is the subject of a written customer complaint alleging theft C is suspended or expelled by another Self Regulatory Organization D is ticketed for careless driving

Answers

Answer:

D

is ticketed for careless driving

Explanation:

FINRA Rule 4530 says one can report

each member of the firm promptly to FINRA, within 30 calendar days,

Mildred and Robert are the only buyers in the market for DVDs. Mildred buys 5 DVDs when the price of a DVD is ​$6.00 ​, 4 DVDs when the price of a DVD is ​$8.00 ​, and 2 DVDs a month when the price of a DVD is ​$10.00 . Robert buys 18 DVDs a month when the price of a DVD is ​$6.00 ​, 9 DVDs when the price of a DVD is ​$8.00 ​, and zero DVDs when the price of a DVD is ​$10.00 . In the market for​ DVDs, what do we know about the quantity​ demanded?

Answers

Answer:

increases as the price falls

Explanation:

A. increases as the price rises

B .at $8.00 a DVD is 8 DVDs a month

C. at $6 a DVD is less than the quantity demanded at $8.00 a DVD

D. increases as the price falls

E .at $6.00 a DVD is 4 DVDs a month

According to the law of demand, the higher the price, the lower the quantity demanded and the lower the price, the higher the quantity demanded.

As price decreases, quantity demanded increases

An important difference between tariffs and quotas is that tariffs raise the price of the good in the country imposing the tariff. always generate tax revenue for the government. reduce imports. help domestic producers. g

Answers

Answer:

The correct answer is the second option: Tarrifs always generate tax revenue.

Explanation:

On the one hand, tariffs are taxes imposed by the government exclusively to imports and exports with the primary purpose of increase the revenue of the nation. Although it also looks for the protection of certains goods being a type of regulation regarding the international trade that goes around the world.

On the other hand, a quota is basically a limit imposed by the government with the only purpose of puting a maximum quantity to the number of imports that can entry in the country and therefore to protect the local industries and the domestic producers with it.

Why might it be argued that corporations do not have a comparative advantage when investing in real estate as a means of diversification from the core business?

Answers

Solution :

Real estate is defined as something that is related to the buildings or lands. All the properties that are physically present forms real estate in terms of land and buildings. It includes, vacant land or buildings, commercial real estate, industrial as well as residential real estate.

The corporations does not have a comparative advantage when they invest in the real estate by a means of the diversification from its core business. This is because the organizations do not hold the real estate in the large number of the geographical area. They also do not hold a number of different types of the properties. Therefore, they do not tend to diversify from their real estate holdings as the large institutional investor who hold a more diversified and a larger portfolio.

stock a has an expected return of 20 and stock b has an expected return of 5. what is the expected return on a portfolio this comprised of 67^ of stock a and 33% stoc k b

Answers

Answer:

15.05%

Explanation:

Calculation to determine the expected return on a portfolio

Using this formula

Expected return = (Return on stock A * Percentage invested in stock A) + ( Return on Stock B * Percentage invested in Stock B)

Let plug in the formula

Expected return= (20% * 67%) + (5% * 33%)

Expected return= 13.4% + 1.65%

Expected return= 15.05%

Therefore the expected return on a portfolio is 15.05%

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what is the chancr of rolling a 7 or a 9 on two dice . Which other detail reveals Genie'spoint of view toward Dad?D DetailDetailGenie makesan annoyedsound with histeeth.?Point of ViewGenie is frustrated that Dad will notlisten to him.GenieGenienotices thatDad looksanswersDad'squestion.Genie knowsDad wantshim to stoptalking.very tired. 3(2^2x+3)-5(2^x+2)-156=0 For 2020, Vaughn Manufacturing reports beginning of the year total assets of $904000, end of the year total assets of $1130000, net sales of $1050000, and net income of $199000. The rate of return on assets for Vaughn in 2020 is 15.6%. 22.0%. 17.6%. 19.6%. Which body drafts legislation in China? the Communist Partythe National Peoples Congressthe Central Committeethe Politburo - 7th Grade Work -Please answer if it's either a, b, c, or dPlease help ; - ; Which of the following best describes voting rights in the early years of the United States? A. African Americans were the only group of people who were not allowed to vote. B. Many different groups of people did not have the right to vote. C. Voting rights were granted to people based on their political beliefs. D. Women were the only group of people who were not allowed to vote. All the Southern states passed laws called _______ _______ NO TROLLS OR LINKS Christopher rides his bike to and from school every day. The total distance herides each day is I mile.What is the total number of miles that Christopher rides his bike over the 5-dayschool week?PLEASE HELP ME RNNN Total quality management focuses on ______. Group of answer choices kaizen instant rework continuous inspection frequent inspection Can someone please help me Please help with this ASAP HELP ASAP Solve for x.x = [?]X - 68x + 24 Which features of tanka appear in "The clustering clouds..." and "When I went to visit..."? a)The glass fell off and broke.......... ( itselfl himselfl herself)b)Hari lives ......... his wife (in/ at / with)c)Let's go to Nepal............? ( shall wel will you/ don't you)d)He never...... red wine ( drinks/ drink) A group of similar organisms that can meet with each other in produce fertile offspring is a A cousin of _____________works abroad.A : youB: IC: mine D: my it is an idea or statement which only comes from someone's feelings Find the volume of the cone. Round your answer to the nearest hundredth. Lin charges $5.50 per hour to babysit. The amount of money earned, in dollars, is a function of the number of hours that she babysits.Which of the following inputs is impossible for this function?A:-1B:2C:5D:8