The choice that best explains why more productive workers may prefer piece rate compensation over hourly wages is: "More productive workers can earn more money under a piece rate system than an hourly wage." Thus, the correct option is B.
This is because piece rate compensation rewards workers based on their output, and thus those who produce more can earn more. On the other hand, hourly wages pay workers a fixed rate per hour, regardless of how much they produce, which may not be as lucrative for more productive workers.
It is not accurate to say that only productive workers benefit from piece-rate compensation, as firms can also benefit from a more efficient and motivated workforce.
However, it is not true that all more productive workers prefer hourly wages over piece-rate compensation. Some workers may value job security and a guaranteed income, while others may prefer the flexibility and potential earnings of piece-rate compensation.
In summary, more productive workers may prefer piece-rate compensation over hourly wages because they have the potential to earn more money based on their output. However, individual worker preferences and circumstances may vary. Thus, the correct option is B.
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what are some qualities needed by Commercial Artists? Check all that apply.
ability to supervise others
ability to work under deadline pressure
ability to create special effects
ability to teach classes
ability to follow directions
ability to work with others
Answer:
the answer is b, e, f, hope it helps
Explanation:
Answer:
ability to work under deadline pressure
ability to follow directions
ability to work with others
Which section of the unqualified audit report on the effectiveness of ICFR would the following statement belong in: "We have audited the internal control over financial reporting of The Bread Company as of December 31, 2020 based on the criteria established in the Internal Control Integrated Framework issued by the Committee of Sponsoring Organizations of the Treadway Commission"
Answer: Opinion paragraph
Explanation:
ICFR simply refers to the controls that are designed specifically to address the risks that are related to financial reporting. The ICFR of a company provides assurance that the financial statement of a company are reliable and are prepared based on what the IFRS requires.
The section of the unqualified audit report on the effectiveness of ICFR that the statement asked belong in is the opinion paragraph.
Oldhat Financial starts its first day of operations with $10 million in capital. A total of $130 million in checkable deposits are received. The bank makes a $25 million commercial loan and another $40 million in mortgages, with the following terms: 200 standard 30-year, fixed-rate mortgages with a nominal annual rate of 5.25%. each for $200,000. Assume that required reserves are 8%. Complete the bank's balance sheet provided below. (Round your responses to the nearest whole number.) The leverage ratio is and the bank is. (Round your response to two decimal places.) The risk-weighted assets after Oldhat's first day are $ million. (Round your response to the nearest whole number.)
Oldhat Financial's balance sheet shows assets of $75.4 million, liabilities and equity of $140 million, and a leverage ratio of 7.54. The risk-weighted assets after the first day are $65 million.
Based on the information you've provided, I can help you complete Oldhat Financial's balance sheet and calculate the leverage ratio and risk-weighted assets.
Balance Sheet:
Assets:
- Reserves: $10.4 million (8% * $130 million)
- Commercial Loan: $25 million
- Mortgages: $40 million
Liabilities:
- Checkable Deposits: $130 million
Equity:
- Capital: $10 million
Total Assets = Reserves + Commercial Loan + Mortgages = $10.4 million + $25 million + $40 million = $75.4 million
Total Liabilities and Equity = Checkable Deposits + Capital = $130 million + $10 million = $140 million
Leverage Ratio = Total Assets / Equity = $75.4 million / $10 million = 7.54 (rounded to two decimal places)
Risk-Weighted Assets:
- Assuming 100% risk-weight for both commercial loans and mortgages:
Risk-Weighted Assets = $25 million + $40 million = $65 million (rounded to the nearest whole number)
Your answer: Oldhat Financial's balance sheet shows assets of $75.4 million, liabilities and equity of $140 million, and a leverage ratio of 7.54. The risk-weighted assets after the first day are $65 million.
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Explain the following quote "The rich rule over the poor, and the borrower is slave to the lender."
Answer:
When Dave was confronted with this Scripture, he had to really consider who was right his broke finance professor, who taught that debt is a tool, or God, who never has anything good to say about debt.
Explanation:
Answer:
When people get into debt, they start living their life just to pay off the debt. This means that all they are doing is working for their lender. The rich often rule over the poor becuase they have more influence and are therefore able to make decisions for the rest of the world population
List five internal factors that influence a sales forecast.
Answer:
The internal factors such as plant capacity, quality, price, advertisement policy, resources, etc., of the enterprise affect the sales forecasting of the enterprise.
Explanation:
These factors can very well be controlled by the business enterprise itself.
Credit is when the lender doesn’t require you to put down a security deposit or collateral.
a. True
b. False
The correct option is B,False. When the lender doesn’t require you to put down a security deposit or collateral.
Credit is a type of loan that allows a borrower to admit finances from a lender with the expectance that the borrower will pay back the loan over time with interest. While it's true that some types of credit similar as relaxed loans or credit cards don't bear collateral or a security deposit numerous other types of credit similar as secured loans do bear collateral in order to ease the threat to the lender.
credit refers to the borrowing of money or other finances, and the terms of the loan, including whether or not collateral is needed, will depend on the specific agreement between the borrower and lender.
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suppose that the u.s. government places a ceiling on the price of a medical drug of $7.
1.) Using the point drawing tool, plot the quantity supplied on the supply line and label it.
2.) Using the point drawing tool, plot the quantity demanded on the demand line and label it.
3.) Using the double arrow line, indicate, via a label, the shortage or surplus.
Carefully follow the instructions above, and only draw the required objects.
The graph for the US government places a ceiling on the price of a medical drug of $7 is illustrated below.
The term graph is defined as the pictorial representation or a diagram that represents data or values in an organized manner.
Here we have given that the US government places a ceiling on the price of a medical drug of $7 and we need to plot the quantity supplied on the supply line and label it.
Here we know that Price Ceilings are maximum prices set by the government for particular goods and services that they believe are being sold at too high of a price and thus consumers need some help purchasing them.
Based on these theory we have plotted the quantity demanded on the demand line on the graph then it looks like the following.
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One disadvantage of a corporation is:
Answer:
The disadvantages of a corporation are as follows: Double taxation. Depending on the type of corporation, it may pay taxes on its income, after which shareholders pay taxes on any dividends received, so income can be taxed twice. Excessive tax filings.
Mr.Crimpson is an economist. During the course of each day, he studied how to meet limited wants with limited resources.
True or False?
Answer:
True
Explanation:
Economic analysis is an analysis about how to fulfill infinite, overlapping needs with minimal capital. It's the method of determining how to "do the best from the least"—to have the most fulfillment with both the least amount of money and resources.
Use the drop-down menu below to choose the best job for each example given.
Young operates an Army tank. His job title is best described as
Latrice coordinates the communications for air, water, and ground military forces. Her job title is best described as
Quincy uses weapons and equipment to participate in combat on land. His job title is best described as
Answer:C,D,B
Explanation:
Answer:
Young operates an Army tank. His job title is best described as
✔ Armored Assault Vehicle Crew Member
Latrice coordinates the communications for air, water, and ground military forces. Her job title is best described as
✔ Command and Control Center Specialist
Quincy uses weapons and equipment to participate in combat on land. His job title is best described as
✔ Infantry Member
Explanation:
The set of activities that relate to the creation of goods and services through the transformation of inputs to outputs is referred to as A. operations management. B. marketing. C. finance. D. supply chain management.
Answer: A. Operations management
Explanation:
Operations management are the activities that has to do with the creation of goods and services by transforming them from inputs to outputs.
Marketing are the activities used by a company to promote the sale of a product or service. Finance has to do with management of money and getting of funds.
What is the name for the process that marketers use to plan, develop, execute, and evaluate coordinated, measurable, persuasive brand communication programs over time to target audiences?
Answer:
Integrated Marketing Communication
Explanation:
As the name implies, the concept of integrated marketing communication is aimed at leveraging the power that comes with the synergy between different marketing and communication tools and services such as consistent and repetitive advert placement, sales and promotional offers, coordinated and friendly marketing campaigns, and son on, all these carefully and strategically tailored towards the gradual and steady capture of a specific target audience over a certain period of time. These integrated marketing strategy or procedure is aimed towards such audience so that it would cover all aspects of the consumers wants in other to ultimately impact their deciak making and adoption of the product or services.
explain cross elasticity of demand for unrelated goods
Answer:
The cross elasticity of demand for substitute goods is always positive because the demand for one good increases when the price for the substitute good increases. ... Items with a coefficient of 0 are unrelated items and are goods independent of each other.
Which of the following scenarios would lead to improved productivity for a farmer who is growing corn?
A the farmer adds workers but still produces the same amount of corn
B the farmer buys a radio for his tractor so that he can enjoy music while working
C the farmer builds an irrigation system which increases the output and his profits
D the farmer sells his corn for a lower price in order to out-sell his competitors
Answer:
im pretty sure the answer is d but im not sure
, environmental trends and Ethical trends affect a pharmacy business? I need one whole paragraph for them
The negative impact of the production of pharmaceutical products on the natural environment is well known. However, this remains largely unregulated, meaning the extremely toxic impact it has on both animals and humans continues with no clear end in sight.
International organisations and the pharmaceutical industry have begun to notice that the detrimental impact pharma products have on the environment on a global scale.Pharmaceutical products enter the environment at various stages of their life-cycle, but particularly during the production phase. One of the main threats is that discharging antibiotics into the environment can promote the natural development of antibiotic-resistant pathogens that are harder to treat. Lord Jim O’Neill noted this trend in his 2016 UK government-funded independent Review on Antimicrobial Resistance.Although it is a global issue, like other environmental issues, pharma pollution more directly and seriously affects those living near production plants whose water and food sources are contaminated with waste pharma products.Health Care Without Harm (HCWH) Europe runs the Safer Pharma campaign to raise awareness of the negative relationship between pharma and the environment and challenge the healthcare industry to clean up its production.The production of both active pharmaceutical ingredients (APIs) and finished dose antibiotics is concentrated in specific locations so the resulting point, source pollution, is in incredibly high concentrations and encourages the development of drug resistance,” says HCWH Europe pharmaceuticals policy officer Dr Adela Maghear. “This practice has a detrimental impact on vulnerable populations living near manufacturing facilities and wastewater treatment plants in these countries.The pollution of pharma products into the environment also adversely affects animals, particularly fish living in contaminated water. For example, a report published in science journal Nature in 2009 noted that ‘many of Europe’s rivers are home to male fish that are ‘intersex’ and so display female sexual characteristics, including female reproductive anatomy. Some males also produce vitellogenin, a protein normally.
Erin's weekly health deduction from her check is $5.35. If his employer pays 80% of the premium, how much is her annual premium?
Answer:
Explanation:
I assume they are asking for the total premium paid per year, but I will also show just the amount she pays per year.
To figure out the total annual premium:
If the employer pays 80%, then the employee pays 20% (100%-80%).
Total Premium x .20% = 5.35
Total Premium = 5.35/.2 (20%)
Total Premium = 26.75 per week
Total annual premium is 26.75 x 52 weeks = 1,391
‘The employee only pays 20% or 5.35 per weekly paycheck. Her annual costs is 5.35 x 52 weeks=278.20
Franklin is planning for a purchase of a vehicle in two years. Since he wants to be
certain that his funds are safe (insured), which of the following should he use? *
O A credit card
O A mortage
O A loan
O A savings account
Answer: A Savings Account
Explanation:
When Sydney borrowed $8000 from her parents, they made her give them some collateral. What would be the MOST logical thing for Sydney to do to handle their request?
Answer: d) Give them the title to her car.
Explanation:
If they want some collateral then Sydney would have to give them collateral and a car is one of the best known examples of collaterals there is.
Sydney can give them the title of the car which means that if she defaults on the loan, her parents will be able to sell the car to get back the amount that they loaned her. She cannot sell the car until she pays them and she may have to add them as beneficiaries to any car insurance that she may have on the car.
Which term describes a situation where the quantity of output rises, but the average cost of production falls?.
Economies of scale describe a situation where the quantity of output rises, but the average cost of production falls.
What do economies of scale result in a fall in?Economies of scale additionally result in a fall in common variable fees (average non-constant fees) with growth in output. this is brought about by means of operational efficiencies and synergies because of a boom within the scale of production.
Examples of economies of scale consist of accelerated purchasing power, community economies, and technical, economic, and infrastructural. While a firm grows too large, it may be afflicted by the alternative diseconomies of scale. that is wherein unit expenses start to grow to be extra high priced, due to increasing size.
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Hotel data analytics help us appreciate the pattern of changes in the daily occupancy of hotels. The following table represents a location-based breakdown of hotel occupancy percentages by the day of the week. A comparative analysis of the busiest days reveals a difference between the highest-occupancy day in an airport hotel and an urban hotel. Internal Measurement Metrics 33 Discussion Questions 1. Which day of the week is the busiest for the airport property? the urban property? Are they the same? 2. What management decisions will the data analysis affect?
The busiest day of the week for the airport property is Wednesday, with an occupancy rate of 85%. The busiest day of the week for the urban property is Sunday, with an occupancy rate of 75%. The two days are not the same. The data analysis will affect management decisions in a number of ways.
The table shows that the occupancy rate for the airport property is highest on Wednesday, with 85% of rooms occupied. The occupancy rate for the urban property is highest on Sunday, with 75% of rooms occupied. The two days are not the same, so management decisions will need to be made separately for each property.
For the airport property, management may decide to offer lower rates on weekdays in order to attract more guests. They may also decide to focus on attracting business travelers, who are more likely to travel during the week.
For the urban property, management may decide to offer higher rates on weekends in order to capitalize on the demand from leisure travelers. They may also decide to focus on attracting tourists, who are more likely to travel on weekends.
The data analysis will also help management to identify trends in occupancy rates. For example, the data may show that occupancy rates are higher during certain times of the year, or that they are higher for certain types of events. This information can be used to make decisions about staffing, marketing, and other aspects of hotel operations.
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1) you work for delta airlines, and you are considering whether to buy or lease a new airplane for an established route. you can purchase the plane for $200 million. assume a 15-year depreciation schedule (15-25 is typical). long-term maintenance will be $5 million per year in years 1-5, and $10 million per year thereafter. assume that you will sell the plan for $30 million at the end of 15 years. your cost of capital is 9%, income tax rate is 25%, and capital gains tax rate is 10%. what is the break-even rental cost (assume that long-term maintenance costs are included in the rental)? develop a full pro-forma statement and show all of your work.
The Break-even Rental Cost for leasing a new airplane for Delta Airlines and perform sensitivity analysis to understand the impact of key input variables on the Break-even.
Design Proposal:
To calculate the break-even rental cost for leasing a new airplane for Delta Airlines, we propose the following design:
Determine the Total Cost of Ownership:
a. Calculate the Purchase Cost: $200 million
b. Calculate the Depreciation Schedule: 15 years
c. Calculate the Long-term Maintenance Cost for years 1-5: $5 million per year
d. Calculate the Long-term Maintenance Cost for years 6-15: $10 million per year
e. Calculate the Salvage Value: $30 million
Calculate the Total Cost of Ownership Over 15 Years:
a. Calculate the Depreciation Expense for each year: $200 million / 15 years = $13.33 million per year
b. Calculate the Total Long-term Maintenance Cost for years 1-5: $5 million per year x 5 years = $25 million
c. Calculate the Total Long-term Maintenance Cost for years 6-15: $10 million per year x 10 years = $100 million
d. Calculate the Total Salvage Value: $30 million
e. Calculate the Total Cost of Ownership Over 15 Years:
Purchase Cost + Total Long-term Maintenance Cost + Depreciation Expense - Salvage Value
= $200 million + $25 million + $100 million - $30 million
= $295 million
Determine the Break-even Rental Cost:
a. Calculate the Present Value of the Total Cost of Ownership Over 15 Years using the Cost of Capital:
PV(Total Cost) = (Total Cost) / (1 + r)^t, where r = 9%, t = 15 years
PV(Total Cost) = $295 million / (1 + 0.09)^15 = $93.25 million
b. Calculate the Break-even Rental Cost per Year:
Break-even Rental Cost = PV(Total Cost) / Annuity Factor, where Annuity Factor is calculated using the Annuity Formula:
Annuity Factor = (1 - (1 + r)^(-t)) / r
Annuity Factor = (1 - (1 + 0.09)^(-15)) / 0.09 = 8.5593
Break-even Rental Cost = $93.25 million / 8.5593 = $10.87 million per year
Sensitivity Analysis:
To perform sensitivity analysis, we will vary the key input variables to see how the Break-even Rental Cost changes:
a. Purchase Cost: If the Purchase Cost increases, the Break-even Rental Cost will increase. If the Purchase Cost decreases, the Break-even Rental Cost will decrease.
b. Long-term Maintenance Cost: If the Long-term Maintenance Cost increases, the Break-even Rental Cost will increase. If the Long-term Maintenance Cost decreases, the Break-even Rental Cost will decrease.
c. Salvage Value: If the Salvage Value increases, the Break-even Rental Cost will decrease. If the Salvage Value decreases, the Break-even Rental Cost will increase.
d. Depreciation Schedule: If the Depreciation Schedule changes, the Depreciation Expense will change, which will affect the Total Cost of Ownership and the Break-even Rental Cost.
e. Cost of Capital: If the Cost of Capital increases, the Present Value of Total Cost will increase, which will increase the Break-even Rental Cost. If the Cost of Capital decreases, the Break-even Rental Cost will decrease.
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What are B2C and B2B sales?
B2C and B2B sales refers to business-to-consumer and business-to-business sales respectively.
What is business-to-consumer sales?Business-to-consumer (B2C) companies having consumers as their end-users increasingly came to be known by this phrase when it gained popularity in the 1990s.
This contrasts with business-to-business (B2B) firms, or those whose main customers are other businesses. B2C businesses conduct their business online and offer goods to clients. Several B2C corporations include Amazon.
B2C, or business-to-consumer, is a retail model where things are delivered directly to the customer who has made a personal purchase of the goods or service.
Business-to-business sales are referred to as B2B sales. It describes enterprises or salespeople who engage in direct business-to-business (B2B) sales of goods and services.
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How does decreasing your credit card balance affect your income statement? (1 point)
It increases your monthly expenses, increasing the amount you spend each month.
It increases your monthly expenses, giving you more money to spend on other things.
It decreases your monthly expenses, increasing the amount you spend each month.
It decreases your monthly expenses, giving you more money to spend on other things.
The way in which decreasing your credit card balance would affect your income statement is that: D. It decreases your monthly expenses, giving you more money to spend on other things.
What is a credit card?A credit card simply refers to a small, rectangular flat card that is issued by a financial institution to its eligible customers, in order to avail them an opportunity to purchase goods and services on credit, especially based on the agreement that this amount of money would be paid back at a specific time and interest rate.
Generally speaking, a credit card balance can be defined as the total amount of money that an individual owe his or her credit card company. This ultimately implies that, a decrease in credit card balance would cause a decrease in monthly expenses, which avails the credit card holder more money to spend on other things.
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Answer: 1. a loan from one entity electronically matched to another entity without a financial institution in the middle
2. a payday loan
3. an unsecured installment loan
4. It decreases your monthly expenses, giving you more money to spend on other things.
5. Determine or estimate the current value of everything you own.
6. Their ability to repay a loan
7. your prior record of paying your bills and paying off your debts
8. your age and gender
9. You can request one online or over the phone.
10. He should contact the credit bureau that issued the credit report, the companies that issued the seven fraudulent cards, his local police, and the federal government at identitytheft.gov.
11. -the lender that provided the incorrect information
-the credit bureau that prepared the report
12. right away
13. She won a $20 billion settlement for California homeowners whose homes were inappropriately foreclosed on.
14. The longer the term, the more you will pay in interest.
15. It will cost you less money overall.
16. A store credit card generally comes with a higher interest rate.
17. You will save money if you pay the balance off quickly.
18. -Clarifying the confusing language found on credit card applications.
-Forcing lending companies to disclose interest rates and hidden fees.
19. It banned credit card companies from raising interest rates after missed payments.
20. -a fixed annual charge for the use of a credit card
-a charge if the minimum payment is not paid by the due date
21. paying off the balance before interest can accrue
22. $30
23. Determine which card has the higher interest rate and pay the extra money to that card first.
Explanation: All these answers are correct!
Disadvantages of choosing a job that is extremely popular or in demand
The disadvantage of choosing a job that is very popular or a job that is in high demand is that after a while such a job may become saturated or it would become monotonous.
What is a high demand job?This is the term that is used to refer to a job that the people that wpould employ labor are constantly in need of. Such a job is one that would require the people that have the qualification to opt in and get the places and the roles that they are to fill.
The issues that may arise from such a job that is in high demand is that after a period, such a job may have a lot of persons that would want to fulfil the role.
The number of qualified persons may become more than the job that is available for the people to do in the long run.
Hence this is a disadvantage. Therefore I would conclude by saying that the disadvantage of choosing a highly popular job is that the number of persons that are willing to fulfil the role may exceed the job overtime.
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Which investors have the right to vote for or against business initiatives presented at the annual general meeting?
_________ shareholders have the right to vote for or against a business decision made by the company in which they invested.
Answer: Equity
Explanation: Plato(Edmentum)
Equity shareholders have the right to vote for or against a business decision made by the company in which they invested.
What is the shareholder?A shareholder of a corporate body is an individual or legal entity who is certified by the corporate body as the registered proprietor of shares of a private or publicly traded corporation's share capital. Anyone who owns'shares in a company limited by shares is referred to as a shareholder.
Members of a corporation may be referred to as shareholders. The shareholder is the company's owner who provides financial security, controls how the directors manage the company, and receives a percentage of any profits produced by the company.
Therefore, Equity shareholders can vote for or against a business decision made by the firm in which they have invested.
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What was the opening price of Dow Jones Industrial Average on Jul 09, 2018 in the format of XXXXX.XX?
Answer:
According to yahoo finance, the opening price of the Dow Jones Industrial Average on Jul 09, 2018, is 24519.20.
Explanation:
Dow Jones Industrial Average is a stock indicator of the top 30 companies of the US. Other indicators include NASDAQ Composite and S&P 500.
These indicators are used to assess the performance of the market on a subsequent day. From the historical data from the Yahoo Finance, the value for any day could be found which for July 09, 2018 is 24519.20.
Cattle is not an effective form of money. What essential characteristic of money does cattle lack that most makes it ineffective
Answer:
medium of exchange
Explanation:
Cattle is not an effective form of money. Cattle lacks medium of exchange, which makes it ineffective.
ECON please answer this question ASAP
resources tend to be allocated inefficiently when goods
Answer:
when good are free of charge
Explanation:
When you have a debt, which is the
percentage used to calculate the
extra money you need to pay?
A. Original amount borrowed
B. Interest
C. Interest rate
Answer:
C - Interest Rate.
This is because the "extra money" is the interest and the borrower will calculate with interest rate.
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